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Daily Archives: May 17, 2007

The New York Times (NYT): No Rescue From Internet

Posted: May 17, 2007 at 7:54 am

The New York Times Company (NYT) reported April revenue today, and things are getting worse. The company's media group which includes its newspapers and their websites saw a 5% decline, ...
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24/7 Real Media Buyout: Is $11.75 High Enough?

Posted: May 17, 2007 at 7:18 am

Stock Tickers: TFSM, GOOG, MSFT, WPPGY, YHOO, AQNT, VCLK, TWX, IACI24/7 Real Media Inc. (TFSM-NASDAQ) is trading up 3.5% this morning on news that it has agreed to be acquired ...
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BEA Systems Still in Hide & Seek Mode (BEAS)

Posted: May 17, 2007 at 7:03 am

Investors have to wonder about BEA Systems Inc. (BEAS) after yesterday's earnings announcement.  The company slightly exceeded revenue targets with $345.8 million, but its ongoing options review has yet again ...
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Pre-Market Stock News (May 17, 2007)

Posted: May 17, 2007 at 6:35 am

(AAP) Advanced Auto Parts $0.71 EPS vs $0.71e; guides next quarter $0.65-0.69 EPS vs. $0.68e.(ACXM) Acxiom agreed to be acquired by ValueAct and Silver Lake Partner for $27.10 cash, or ...
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BP Rises, Europe Market Report 5/17/2007

Posted: May 17, 2007 at 6:32 am

Markets in Europe were up modestly.BT (BT) fell 1.8% to 309.5. BP (BP) was up 1.5% to 565.5. Siemens (SI) was up .5% to 88.88. Alcatel-Lucent (ALU) rose 1.6% to ...
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Earlybird Analyst Calls (May 17, 2007)

Posted: May 17, 2007 at 6:10 am

CAT cut to Hold at Stifel Nicolaus.CMS raised to Outperform at Wachovia.DAL started as Overweight at Lehman.DBTK started as Outperform at JMP Securities.IO started as Overweight at Lehman.INAP started as ...
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Stent News Will Sink Boston Scientific And JNJ

Posted: May 17, 2007 at 4:52 am

The use of coronary stents dropped sharply in April. There are growing concerns that the devices can cause clotting and dangerous health risks. According to a survey from Millennium Research ...
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Chrysler Buys Off UAW, Hurts It Competitive Position

Posted: May 17, 2007 at 4:35 am

The new owner of Chrysler, Cerberus, made what looked like a very smart move. It will add $1.2 billion to the pension fund that covers workers. It also said that ...
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Sun’s Share Buyback A Sign Of Slow Growth

Posted: May 17, 2007 at 4:25 am

Not all companies that buyback shares are trying to offset slow earnings growth, but the mechanism does help push up EPS.Most investors were disappointed by Sun's (SUNW) last quarter and ...
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Hewlett-Packard Results May Be Good Sign For Dell

Posted: May 17, 2007 at 4:14 am

The conventional wisdom is that Hewlett-Packard's (HPQ) quarterly results come at the expense of Dell (DELL). The reasoning may be sound. Sales at the HP unit that includes PCs rose ...
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Hewlett-Packard Results May Be Good Sign For Dell

Posted: May 17, 2007 at 4:14 am

The conventional wisdom is that Hewlett-Packard's (HPQ) quarterly results come at the expense of Dell (DELL). The reasoning may be sound. Sales at the HP unit that includes PCs rose ...
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New Google Search: Too Complex

Posted: May 17, 2007 at 3:52 am

The new Google Universal Search feature combines the company's ability to find results from relevant websites, books, videos, news, maps and books. It is set up to play to the ...
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Media Digest 5/17/2007

Posted: May 17, 2007 at 3:33 am

According to Reuters, Hewlett-Packard (HPQ) sales grew 7% in the last quarter, driven by PC and printer sales.Reuters writes that Boeing (BA) has come to terms with its union in ...
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Asia Markets 5/17/2007 Shanghai Continue Higher

Posted: May 17, 2007 at 3:12 am

Markets in Asia were mixed.The Nikkei was off .2% to 17,499. Hitachi (HIT) was down 3.7% to 864. NEC (NIPNY) was down 3% to 587.  NTT (NTT) was down 2.8% ...
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Eddie Lampert Buys Citigroup Stake Over Last 12 Months

Posted: May 17, 2007 at 2:59 am

By Chad Brand of Peridot Capitalist (more...) ...
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