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Daily Archives: May 15, 2007

SunTrust’s “Value Initiative” Falls Short

Posted: May 15, 2007 at 9:15 am

Usually when companies issue favorable "shareholder value initiatives" you tend to see value created in the shares almost instantly.  That isn't the case for SunTrust Banks (STI-NYSE) today.  The company ...
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Applied Materials Earnings Preview (May 15, 2007)

Posted: May 15, 2007 at 8:52 am

Applied Materials Inc. (AMAT-NASDAQ) reports its Q2 earnings after today's close and First Call estimates are $0.28 EPS and $2.35 billion in revenues.  As far as what to expect for ...
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Dendreon, the Day That Could Have Been and What to Expect Now

Posted: May 15, 2007 at 8:04 am

At about 5:20 this morning after rolling the calendar a day over to see the notes, something stood out like a sore thumb: DENDREON DO OR DIE DATE!  The truth ...
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Myriad’s Alarming Alzheimer’s Forecasts

Posted: May 15, 2007 at 7:13 am

Myriad Genetics, Inc. (MYGN-NASDAQ) has issued a press release discussing a new study showing that the potential savings to the US healthcare system alone could be $4.0 Trillion from 2010 ...
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DaimlerChrysler’s Fair Quarter

Posted: May 15, 2007 at 6:48 am

For the first quarter of the year, EBIT at DaimlerChrysler (DCX) rose to $2.7 billion from $1.5 billion a year ago. Unit sales worldwide dropped by 5% to 1.1 million. ...
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Pre-Market Stock News (May 15, 2007)

Posted: May 15, 2007 at 6:42 am

(AER) AerCap $0.71 EPS vs $0.50e; stock indicated up 4%.(ARTC) Arthrocare received FDA clearance to treat malignant lesions within vertebrae in the spine.(BSTE) Biosite said its offer from Inverness is ...
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Earlybird Analyst Calls (MAY 15, 2007)

Posted: May 15, 2007 at 6:19 am

AMGN cut to Neutral at Baird.AOG cut to Hold at Jefferies.BEAS cut to Neutral at Credit Suisse.BHE started as Neutral at Credit Suisse.CLS started as Underperform at Credit Suisse.COGO started ...
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Wal-Mart (WMT) Better Than Expected

Posted: May 15, 2007 at 5:33 am

Wal-Mart's (WMT) earnings rose 8% to $2.83 billion in the last quarter. Revenue grew at about the same rate to $86.41. billion. International sales saved the day, rising 18.5% to ...
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Home Depot (HD) Gets Hammered

Posted: May 15, 2007 at 5:26 am

Home Depot (HD) turned in some ugly results for the latest quarter. And forecasts were at the low end of Wall St.'s range. The company reported first quarter net earnings ...
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Cell Phones Eat Landline Business

Posted: May 15, 2007 at 5:12 am

It was not bad enough that the cable companies have been coming after telephone landline business with VoIP. And, doing it with some success. Comcast (CMCSA) added over 500,000 VoIP ...
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MCK – Mckesson Corp: Outperforming Peers

Posted: May 15, 2007 at 5:01 am

By CrossProfit 05/15/2007 The big three distributors dominating the pharmaceutical distribution market in the US are; Cardinal Health (CAH), Mckesson Corp. (MCK) and AmerisourceBergen (ABC). Market cap is approximately $26.6B, ...
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CAH – Cardinal Health: Viasys Acquisition Leaves Estimated EPS Unchanged

Posted: May 15, 2007 at 5:00 am

By CrossProfit 05/14/2007 The big three distributors dominating the pharmaceutical distribution market in the US are; Cardinal Health (CAH), Mckesson Corp. (MCK) and AmerisourceBergen (ABC). Market cap is approximately $26.6B, ...
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Europe Markets 5/15/2007

Posted: May 15, 2007 at 4:55 am

Markets in Europe were mixed at 5..50 AM New York Time.The FTSE was flat at 6,556. BT (BT) was down .7% to 318.75. GSK (GSK) was up .9% to 1437. ...
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Amgen Dependance on Aranesp Off-Label Use Greatly Exaggerated

Posted: May 15, 2007 at 3:47 am

By Chad Brand of Peridot Capitalist (more...) ...
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HPQ: Are Hewlett Packard’s Customers Channel Surfing?

Posted: May 15, 2007 at 3:44 am

By William Trent, CFA of Stock Market BeatWhen computer reseller CDW Corp. (CDWC) recently reported a blowout quarter, we said:Even excluding the acquisition, CDW posted those double-digit sales gains. CDW ...
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