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Daily Archives: May 30, 2007

Biogen Idec Leverages Up For $3 Billion Share Buyback Plan (BIIB)

Posted: May 30, 2007 at 7:30 am

Biogen Idec inc. (BIIB-NASDAQ) is trading up roughly 4% pre-market at $51.40, within striking distance of its $52.72 high over the last year on news of a share buyback plan.  ...
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Pre-Market Stock News (May 30, 2007)

Posted: May 30, 2007 at 7:09 am

(AAPL) Apple trading up 0.5% after Morgan Stanley raised its $110 target to $150.(BGP) Borders Group posted a -$0.51 EPS loss vs. -$0.38e.(BIIB) Biogen Idec announced up to $3 Billion ...
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CDW Goes to Private Equity (CDWC)

Posted: May 30, 2007 at 6:56 am

CDW Corp (CDWC) shares are trading up marginally after the company agreed to be acquired by Madison Dearborn Partners for roughly $7.3 Billion in cash.  The buyout price amounts to ...
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IBM (IBM) Share Buy-Back: A Spectacular Failure For Innovation

Posted: May 30, 2007 at 6:54 am

One media commentator went so far as to say that Google (GOOG) is hiring too many engineers and working on too many projects. "Google has made a huge effort to ...
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Pre-Market Analyst Calls (May 30, 2007)

Posted: May 30, 2007 at 6:37 am

AAPL target raised from $110 to $150 at Morgan Stanley.ACN cut to Mkt Perform at Wachovia.AIV raised to Buy at Deutsche Bank.ASN cut to Hold at Stifel Nicolaus.AVB raised to ...
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Europe Markets 5/30/2007

Posted: May 30, 2007 at 5:19 am

Europe markets were off about 1% at 6.15 AM New York time.The FTSE fell 1% to 6,541. Barclays (BCS) was down 1.2% to 724.5. Prudential (PUK) was off 2.2% to ...
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Are Wal-Mart Products Too Cheap?

Posted: May 30, 2007 at 5:07 am

When GSD&M Advertising was Wal-Mart's (WMT) advertising agency, before they were fired. the firm put together a 55-page report about the views that customers had of Wal-Mart. According to The ...
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Microsoft (MSFT): Can Bill Gates Save The PC Industry? No

Posted: May 30, 2007 at 4:47 am

Microsoft (MSFT) introduced its new table-sized touch-screen PC. The new unit will be put into hotels and casinos for the time being. It can be used to buy tickets and ...
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Why Shanghai Doesn’t Matter

Posted: May 30, 2007 at 4:30 am

Overnight, the Shanghai Composite fell 6.5%. It had been trading at a new high almost everyday for the last month. The reason for the drop was probably that the government ...
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Media Digest 5/30/2007

Posted: May 30, 2007 at 3:27 am

According to Reuters, quotes The New York Times as reporting that Wal-Mart's (WMT) former ad agency sent the company a report warning that being the low price provider worked against ...
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Shanghai Down Almost 7%, Asia Markets 5/30.2007

Posted: May 30, 2007 at 2:49 am

The Shanghai Composite fell 6.5% to 4,053.The Nikkei was off .5% to 17,588. Hitachi (HIT) was down 1.4% to 879. Softbank was down 1.9% to 2640. Toyota (TM) was down ...
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