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Monthly Archives: May 2007

Motorola (MOT): You Can’t Cut Enough

Posted: May 30, 2007 at 3:50 pm

Motorola (MOT) cut another 4,000 people on top of its earlier "down-sizing" to knock out another $600 million in costs. The company said all the usual things about making money ...
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Solarfun Power (SOLF): The 52-Week Low Club

Posted: May 30, 2007 at 3:08 pm

Journal Register (JRC) Another newspaper company makes a low. Down to $5.41 from 52-week high of $10.23.Applied Biosystems (ABI) Had a rough first quarter and apparently is still paying for ...
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Farewell Kinder Morgan, Or At Least Catch You Later (KMI, KMP, KMR)

Posted: May 30, 2007 at 2:30 pm

Today was the last trading session for Kinder Morgan Inc. (KMI). The acquisition of KMI by investors including Chairman and CEO Richard D. Kinder has closed. Additional investors include co-founder ...
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Lazard Less Bullish on Solar Stocks, Supply Issues May Be To Blame

Posted: May 30, 2007 at 11:58 am

Stock Tickers: ESLR, ENER, FSLR, SPWR, SOLFLazard Capital Markets has issued a special report today on the Alternative Energy & Industrials sector.  Sanjay Shrestha, Managing Director and Senior Analyst at ...
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Valence Technology (VLNC): Big Move On No News

Posted: May 30, 2007 at 10:07 am

There is something odd about small cap stocks that make unexpected runs on big volume.Take Valence Technology (VLNC). The stock is up over 30% on no news and has already ...
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Novacea and Schering-Plough Prostate Cancer Pact; Remind You of Anyone?

Posted: May 30, 2007 at 9:23 am

Novacea (NOVC-NASDAQ) is seeing its shares up more than 70% after signing a pact with Schering-Plough (SGP-NYSE) over the development and commercialization of Asentar for the treatment of prostate cancer.  ...
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Interactive Brokers (IBKR): What A Mess

Posted: May 30, 2007 at 9:10 am

Interactive Brokers (IBKR), the automated broker and market maker, posted some ugly numbers this morning and paid dearly. The company went public in early May at $30, raising $1.2 billion. ...
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Verizon (VZ): More Talk That High Speed Fiber Won’t Sell

Posted: May 30, 2007 at 8:50 am

Both BusinessWeek and Gigaom.com have recently run pieces asking whether consumers need all of the speed that the new Verizon (VZ) fiber-to-the-home product will offer. The new Fios system can ...
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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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