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Daily Archives: May 24, 2007

SprintNextel (S): An “F” For Customer Service

Posted: May 24, 2007 at 9:22 am

Sprint Nextel (S) #3 wireless carrier behind AT&T (T) and Verizon was formed by the merger of Sprint and Nextel in 2005 with a stated goal: "Two great traditions of bold ...
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Bausch & Lomb May Get a Higher Bid

Posted: May 24, 2007 at 8:14 am

It looks like there is going to be a new bidder in the buyout for Bausch & Lomb (BOL).  Advanced Medical Optics (EYE-NYSE) is reportedly forming a bid according ...
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IPO Filing: Duff & Phelps

Posted: May 24, 2007 at 7:55 am

Duff & Phelps Corporation, has filed to come public in an IPO under the “DUF” ticker on the NYSE.  The underwriting group is rather large with Goldman Sachs and UBS ...
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Vodafone (VOD) Goes After Motorola (MOT) And Nokia (NOK)

Posted: May 24, 2007 at 7:38 am

Vodafone (VOD) is going into the handset business and that has to make the big companies in that industry, Motorola (MOT) and Nokia (NOK) more than a bit nervous. The ...
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Pre-Market Stock News (May 24, 2007)

Posted: May 24, 2007 at 7:29 am

(AMD) Advanced Micro Devices subpoenas Intel’s lawyers in case.(ANN) Ann Taylor $0.46 EPS vs $0.46e.(BRLC) Syntax-Brillian priced 25.6 million shares at$5.75 per share.(CVTX) CV Therapeutics is lowering its operating expenses ...
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Dendreon Downgraded by JMP Securities (DNDN)

Posted: May 24, 2007 at 7:08 am

Dendreon Corp. (DNDN-NASDAQ) was downgraded from an “Outperform” rating to a “Market Perform” rating.  The brokerage sees uncertainties and risks going into an expected meeting FDA meeting over the recent ...
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Earlybird Analyst Calls (May 24, 2007)

Posted: May 24, 2007 at 6:29 am

BF/B started as Buy at A.G.Edwards.BMO raised to Outperform at CIBC.DNDN downgraded to Mkt Perform at JMP Securities.GNVC started as Buy at Stifel Nicolaus.INSU started as Neutral at RWBaird.MPW raised ...
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Europe Markets 5/24/2005

Posted: May 24, 2007 at 5:23 am

Markets in Europe were off modestly at 6.20 AM New York time.The FTSE was down .3% to 6,598. Cable & Wireless was up 4.8% to 159.6. GlaxoSmithKline (GSK) was down ...
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BA – Boeing: Chief Executive McNerney Confirms; China to Compete

Posted: May 24, 2007 at 5:10 am

By CrossProfit In an all encompassing interview, Chief Executive Jim McNerney confirmed what some at CrossProfit had suspected and documented in this article. To quote McNerney; "…competition, I think is ...
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Dell (DELL) Installs Linux As Microsoft Makes Patent Claims

Posted: May 24, 2007 at 5:09 am

Dell (DELL) is starting to install open source Linux operating systems into some of its PCs. The new products will carry prices as low as $599. Linux is generally less ...
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Toll Brothers (TOL): More Bad News For Home Depot And Lowe’s

Posted: May 24, 2007 at 4:51 am

Toll Brothers (TOL) announced quarterly results that we just short of a disaster.The home builder's earnings fell to $36.7 million from $174.9 million, or $1.06 a year earlier. Revenue dropped ...
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GlaxoSmithKline (GSK): Heart Disease And Smoking Guns

Posted: May 24, 2007 at 4:40 am

A leading diabetes expert says that he wrote the FDA about the heart risks of GSK diabetes drug Avandia. That was seven years ago. More recently, New England Journal of ...
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Media Digest 5/24/2007 Reuters, WSJ, NYTimes, FT, Barron’s

Posted: May 24, 2007 at 3:40 am

According to Reuters, Air France has ordered $7 billion of new aircraft split between Boeing (BA) and Airbus.Reuters writes that Alan Greenspan sees a sharp drop for Chinese stocks.Reuters reports ...
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Asia Markets 5/24/2007

Posted: May 24, 2007 at 3:09 am

Asia markets were off slightly with some markets closed for a holidayThe Nikkei was off .1% to 17,697. Hitachi (HIT) was up 2.5% to 888. Honda (HMC) was up 1.7% ...
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Closed-End Funds To Consider- UTF, SRO, ESD

Posted: May 24, 2007 at 2:59 am

By Yaser Anwar, CSC of Equity Investment Ideas (more...) ...
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