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Daily Archives: June 13, 2007

Pre-Market Stock News (June 13, 2007)

Posted: June 13, 2007 at 6:51 am

(AOB) American Oriental enters into a letter-of-intent to acquire an established plant based pharmaceutical company named Changchun Xinan Pharmaceutical Group for up to $30 million.(CEN) Ceridian largest shareholder says the ...
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Boston Scientific (BSX): Stent Problems Aren’t Enough

Posted: June 13, 2007 at 6:22 am

There has been plenty of press about the issues of whether coated stents made by Boston Scientific (BSX) and Johnson & Johnson (JNJ) can cause clotting problems. Several studies show ...
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Earlybird Analyst Calls (June 13, 2007)

Posted: June 13, 2007 at 6:18 am

AL cut to Peer Perform at Bear Stearns.ATV started as Outperform at CIBC.BBI raised to Buy at Citigroup.BT raised to Outperform at Bear Stearns.CEVA started as Outperform at CIBC.CNI cut ...
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Europe Markets 6/13/2007

Posted: June 13, 2007 at 6:00 am

Markets in Europe are off slightly at 7.00 AM New York time.The FTSE is down .1% to 6,511. Barclays (BCS) is off .3% to 731.5. GSK (GSK) is off .5% ...
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Is Jones Apparel (JNY) About To Sell Barney’s

Posted: June 13, 2007 at 5:51 am

The New York Post reports that Jone Apparel (JNY) is about to sell its Barney's unit to private equity interests for $950 million. It will be a relief for JNY ...
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NetFlix (NFLX) And BlockBuster (BBI) May Have To Give DVDs Away.

Posted: June 13, 2007 at 5:31 am

Free DVDs. Free shipping. That may be where the competition for online DVD services is heading. Blockbuster (BBI) has launched a new service allowing its customers to get DVD by ...
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Boeing (BA) And Airbus: Can Anyone Still Build A Plane?

Posted: June 13, 2007 at 5:06 am

Boeing (BA) is experiencing problems completing the first planes in its new 787 Dreamliner series. The fuselage sections of the aircraft don't fit together right. It would seem an issue ...
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What Did Glaxo (GSK) Know?

Posted: June 13, 2007 at 4:52 am

GlaxoSmithKline (GSK) would have Wall St. think that its diabetes drug Avandia has been safe all along. Even though concerns were raised several years ago about whether the product caused ...
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Barclays (BCS) And ABN Amro (ABN): The Art Of The Improbable

Posted: June 13, 2007 at 4:33 am

Barclays (BCS) is looking at increasing the cash portion of it bid for ABN Amro (ABN). It is already in a bidding contest with a group lead by the Royal ...
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Media Digest 6/13/2007 Reuters, WSJ, NYTimes, FT, Barron’s

Posted: June 13, 2007 at 3:18 am

According to Reuters, the IntercontinentalExchange (ICE) sweetened its bid for the CBOT (BOT).The Wall Street Journal writes that the largest shareholder in Ceridian (CEN) will oppose its sale to Thomas ...
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Asia Markets 6/13/2007 Shanghai Rises

Posted: June 13, 2007 at 2:51 am

Markets in Asia were off slightly.The Nikkei fell .2% to 17,733. NEC (NIPNY) was up 2% to 616. Sony (SNE) was up 1.2%. The Hang Seng was down .3% to ...
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eBay’s “Buy It Now” Patent Fight Continues

Posted: June 13, 2007 at 12:10 am

Whether or not you are an eBay (EBAY-NASDAQ) fan, user, or shareholder, you probably know about the "Buy It Now" feature that allows you to stop an auction by the ...
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