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Daily Archives: May 3, 2007

OfficeMax In The Slaughterhouse

Posted: May 3, 2007 at 9:14 am

OfficeMax (OMX) reported ugly results this AM, and paid for it dearly. Revenue went from $2.424 billion in the quarter last year to $2.436 in the most recent quarter. Gross ...
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Charter: Still A Big Cable Risk

Posted: May 3, 2007 at 8:47 am

Charter Communications (CHTR) is up 7% at the open to $3.50, which puts its one-year stock price increase at over 170%.Charter did have good results. Revenue was up 8% to ...
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Novavax Pandemic Flu Vaccine 100% Effective, in Ferrets

Posted: May 3, 2007 at 8:25 am

Novavax Inc. (NVAX-NASDAQ) is up 8.5% in pre-market stock trading on positive data coming out of its pandemic flu studies.  This is not being studied on humans, as ferrets are ...
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IBM Brings Nanotech To Chips

Posted: May 3, 2007 at 7:21 am

IBM (IBM-NYSE) is using nanotechnology in new chips, well sort of.  The company is essentially boring holes with a width of 20 nanometers to run faster and use less energy. ...
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Full Research Summary (MAY 3, 2007)

Posted: May 3, 2007 at 6:55 am

BRE raised to Buy at Deutsche Bank.CNET started as Buy at B of A.CVC cut to Neutral at Oppenheimer.CYTC cut to Neutral at Sun Trust Robinson Humphreys.DNDN started as Hold ...
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Pre-Market Stock News (May 3, 2007)

Posted: May 3, 2007 at 6:45 am

(AIZ) Assurant $1.42 EPS vs $1.20e.(AMD) Adanced Micro Devices holds a shareholder meeting today.(APKT) Acme Packet $0.08 EPS vs $0.07e.(BARE) Bare Escentuals $0.22 EPS vs $0.19e.(CAI) CACI International $0.59 EPS ...
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GM Auto Income OK

Posted: May 3, 2007 at 6:28 am

GM was hurt by mortgage results at its financial operations. But automotive operations showed some strength. Net income from GM's global automotive operations totaled $304 million on an adjusted basis, ...
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Earlybird Analyst Calls (MAY 3, 2007)

Posted: May 3, 2007 at 5:57 am

BRE raised to Buy at Deutsche Bank.CNET started as Buy at B of A.CVC cut to Neutral at Oppenheimer.CYTC cut to Neutral at Sun Trust Robinson Humphreys.DNDN started as Hold ...
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Dunkin Donuts Want Starbucks Customers

Posted: May 3, 2007 at 5:49 am

Dunkin Donuts has 5,300 stores in the US. It wants to turn them into coffee houses. Sounds like they are joining McDonald's (MCD) in going after Starbucks (SBUX) customers. But, ...
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Europe Markets 5/3/2007

Posted: May 3, 2007 at 5:40 am

Markets in Europe were narrowly mixed at 6.25 AM New York time.The FTSE rose .4% to 6,508. Barclays (BCS) was up .1% to 732.5. BP (BP) was up 1.4% to ...
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JDSU Goes To The ICU

Posted: May 3, 2007 at 5:23 am

JDS Uniphase (JDSU) is supposed to be one of the leaders in the optical network equipment that is helping to drive high-speed network deployments by big telephone and cable companies. ...
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No Rally For Dell (DELL)

Posted: May 3, 2007 at 5:08 am

PC giant Dell (DELL) got a nice spike up in its share price when a memo from CEO Michael Dell was leaked to the press. In it, Mr. Dell made ...
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AT&T And Verizon: No More New Highs

Posted: May 3, 2007 at 4:51 am

AT&T (T) is very near its 52-week high of just over $40. That puts it up 50% over the last 12 months. Verizon (VZ) is right there as well, just ...
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GM: The UAW Has To Settle

Posted: May 3, 2007 at 4:44 am

GM's (GM) sales were off 9.5% in April, but the stock rose 3.6% the next day. April was a tough month for all of the car companies, so GM's slide ...
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Britain’s ITV Up Ante On Web TV

Posted: May 3, 2007 at 4:25 am

It may not be news in the US yet, but the UK's largest commercial broadcaster is going all web all the time. ITV is launching a service that will stream ...
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