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Daily Archives: June 20, 2007

Coley Pharmaceutical (COLY): Another Biopharma Collapse

Posted: June 20, 2007 at 7:39 pm

Coley Pharmaceuticals (COLY) is yet another small-cap biopharma one-trick pony that fell apart like a cheap clock. Pfizer (PFE) had been conducting trials of a lung cancer drug licensed from ...
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Dow Jones (DJ) Board Lets Itself Off The Hook

Posted: June 20, 2007 at 7:21 pm

The board at Dow Jones (DJ) has had a problem since the first moment that Rupert Murdoch decided to offer to buy the company. As fiduciaries they were bound to ...
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Cramer Calls Brookfield Asset Mgmt. the Next Berkshire Hathaway (BAM, BRK/A)

Posted: June 20, 2007 at 5:32 pm

On tonight's MAD MONEY on CNBC, Jim Cramer came out with perhaps the best endorsement a diversified company could get: he called Brookfield Asset Management (BAM-NYSE) the next Berkshire Hathaway ...
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Cramer Sticks With Tobacco & Sin Stocks (MO, RAI, VGR, UST, BUD)

Posted: June 20, 2007 at 5:20 pm

Stock Tickers: MO, RAI, VGR, UST, BUDOn tonight's MAD MONEY on CNBC, Jim Cramer came out very positive on Vector Group Ltd. (VGR-NYSE).  He noted that Carl Icahn is a ...
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Obama & Clinton Criticize Bush Stem Cell Veto (STEM, GERN, ASTM)

Posted: June 20, 2007 at 5:10 pm

Stock Tickers: STEM, GERN, ASTMSenator Obama has issued a statement regarding President Bush's veto of the Embryonic Stem Cell Bill:Senator Obama noted:  "By vetoing funding for stem cell research once ...
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Biotech Implosion: Coley Pharmaceutical Group (COLY)

Posted: June 20, 2007 at 4:37 pm

Shares of microcap biotech Coley Pharmaceutical Group (COLY-NASDAQ) saw shares get pounded late on Wednesday afternoon.  Right before 2:00 PM EST, the company announced that its partner Pfizer (PFE-NYSE) had ...
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MySpace Founder Makes An Offer for Dow Jones; Board Takes Over Negotiations

Posted: June 20, 2007 at 3:55 pm

The entire process to buy Dow Jones (DJ) has been strange one.  In fact, it has been more than strange and just got even stranger.  The reports are that the ...
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Massive List of 52-Week Lows (June 20, 2007)

Posted: June 20, 2007 at 3:38 pm

Stock Tickers: AVR, BCRX, CACH, CHCI, COLY, CTIC, FSII, HOV, HR, INFS, LEG, MTH, PEIX, RSYS, SCSS, SEPR, SNY, STAA, USBE, UTSI, VSE, YSIOnce again, many many more losers.....This list ...
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Did Congress’ Letter to FCC Hurt XM & SIRIUS Merger Chances? (XMSR, SIRI)

Posted: June 20, 2007 at 12:35 pm

Yesterday was a bit of an odd piece of news on the XM Satellite Radio (XMSR-NASDAQ) and the SIRIUS Satellite Radio (SIRI-NASDAQ) merger.  A group of more than 70 US ...
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JetBlue (JBLU) Gets No Lift

Posted: June 20, 2007 at 10:27 am

JetBlue (JBLU) in a filing with the SEC, said that its operating margins in Q2 would be 9% to 11%, which was higher than previously forecast. But, the stock managed ...
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Nintendo Close to Overtaking Sony’s Size

Posted: June 20, 2007 at 10:20 am

Stock Tickers: NTDOY, SNE, AAPLThere is an interesting take out of Reuters in Japan today, showing that Nintendo (NTDOY-OTC) is catching up to Sony (SNE-NYSE/ADR) in market value (market cap ...
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Communists Give Google (GOOG) Content License

Posted: June 20, 2007 at 9:53 am

You have to love the communists. In China, to be a news distributor, a company must be approved by the country's Ministry of Information and Industry. Google (GOOG) got this ...
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DRAM Prices Rise, Partly on Anti-Smuggling Fight in China (MU, TSM, STX, WDC)

Posted: June 20, 2007 at 9:00 am

Stock Tickers: MU, TSM, STX, WDCDRAM chip prices have almost always had a trend...Lower prices.  That isn't always the case but over the long-term that has been the case.  Earlier ...
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Why Would Anyone Watch YouTube On An iPhone?

Posted: June 20, 2007 at 8:37 am

Apple (AAPL) has announced that it will offer 10,000 clips from Google's (GOOG) YouTube that will play with on its iPhone when the device launches. Apple will put the video ...
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MGM MIRAGE, No Tracinda Buyout (MGM)

Posted: June 20, 2007 at 8:10 am

MGM MIRAGE (MGM-NYSE) is seeing shares down over 10% in pre-market activity after the company has confirmed that Kirk Korkorian's has changed his mind about the major shareholder Tracinda Corp ...
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