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Daily Archives: May 22, 2007

Openwave Shareholders Get Robbed Blind

A large shareholder in wireless software provider Openwave (OPWV) has offered to take a majority interest in the company, but for an amount less than where the shares have been ...
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May Short Interest in Bank Stocks Mixed (JPM, STI, USB, NCC, STT, BAC, C, WFC, BK)

Stock Tickers: JPM, STI, USB, NCC, STT, BAC, C, WFC, BKThe short interest for MAY 2007 is out., and there is notreally any trend in the large money-center and super-regional ...
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May Short Interest in Homebuilders Up (XHB, KBH, DHI, PHM, CTX, NVR, MDC, HOV, BZH, LEN, TOL, RYL)

Stock Tickers: XHB, KBH, DHI, PHM, CTX, NVR, MDC, HOV, BZH, LEN, TOL, RYLThe short interest for MAY 2007 is out.  We noticed an increase in the number of shares ...
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Home Depot Vs. Lowe’s: Bet On Oprah

With both Home Depot (HD) and Lowe's (LOW) reporting numbers in the past two weeks after the dust has settled, what should you do?  After all, both have disappointed with ...
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May Short Interest Rose in Chip Stocks (AMD, TXN, LSI, MU, NSM, CY, IFX, ADI, STM, TSM, SMH)

Stock Tickers: AMD, TXN, LSI, MU, NSM, CY, IFX, ADI, STM, TSM, SMHThe Semiconductor HOLDRs Trust (SMH) pretty much says it all, although many of the components in that are ...
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XM Satellite Outage (XMSR)

XM Satellite (XMSR) has an outage that covers a number of its subscribers, but no one knows how many for certain. It is a clever way to convince the FCC ...
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Pre-Market Stock News

(AVNC) Advancis Pharmaceutical announces FDA acceptance of its new drug application for Amoxicillin Pulsys.(BJ) BJ’s Wholesale $0.20 EPS vs $0.20e.(CSCO) Cisco Systems is acquiring private BroadWare Technologies for an undisclosed ...
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Earlybird Analyst Calls (May 22, 2007)

AIV raised to Outperform at Wachovia.AQNT cut to Neutral at UBS.ARQL started as Buy at Cantor Fitzgerald.ASN raised to Outperform at Wachovia.BDK started as Sell at B of A.BXP raised ...
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Home Depot Having Trouble Selling Wholesale Unit

According to The New York Post, Home Depot (HD) is having trouble selling its supply business, HD Supply. The slowdown in the housing market is hurting the company's efforts to ...
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Europe Markets 5/22/2007 GlaxoSmithKline Down

Markets in Europe were mixed at 6.05 AM New York time.The FTSE fell .1% to 6,630. BP (BP) was down 1% to 584. BT (BT) was up 1.5% to 211.75. ...
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The Drug Companies Get Tobacco Stained

GlaxoSmithKline (GSK) is in a world of hurt. The Cleveland Clinic’s Steven Nissen suggests that Avandia, known generically as rosiglitazone, raises the risk of heart attack, in an analysis of ...
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Alltel (AT): Sprint (S) Is Not Next

Bank Raymond James believes that now that Alltel (AT) has been sold to private equity interests, Sprint (S) will be next. Not a chance.There are several reasons that the ownership ...
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Amazon (AMZN): Innovation Is In Again

Amazon (AMZN) hit a seven year high of $68.68, which puts it up over 50% for the last month. A number of investors on Wall St. think it has gone ...
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NYSE Short Interest For May 2007

Below are the major short positions and changes for the period measured on May 15 compared to April 13, 2007Largest Short PositionFord                          ...
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Media Digest 5/22/2007 Reuters, WSJ, NYTimes, FT, Barron’s

According to Reuters, the FDA will weigh the risks of GlaxoSmithKline (GSK) diabetes drug Avandia. On Monday, a medical journal reported risks related to the drug. Reuters writes that Halliburton ...
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