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Daily Archives: June 20, 2007

Pre-Market Stock News (June 20, 2007)

Posted: June 20, 2007 at 7:27 am

(ACI) Arch Coal divest Central Appalachian mining complex to Alpha Natural Resources.(ALDN) Aladdin Knowledge announced a 410M share buyback plan.(CC) Circuit City posted wider loss and withdrew guidance.(FDX) FedEx $1.96 ...
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MySpace Gets Into Instant Message Business

Posted: June 20, 2007 at 7:24 am

Google (GOOG), Yahoo! (YHOO), MSN, and AOL are already in the instant messaging business, so it would seem that there is not any room left there. But News Corp's (NWS) ...
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The Ugliness The is Circuit City (CC)

Posted: June 20, 2007 at 7:09 am

Circuit City (CC) added to its disappoint run with a net sales decline of 4% to $2.486 billion for the quarter ending May 31.Income from continuing operations was even worse. ...
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Pre-Market Analyst Calls (June 20, 2007)

Posted: June 20, 2007 at 7:09 am

APL raised to Outperform at Credit Suisse.ARG raised to Buy at BB&T.ASVI started as Buy at Oppenheimer.BABY started as Buy at Oppenheimer.BIOD started as Buy at B of A.CEO raised ...
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Morgan Stanley’s (MS) Mega-Quarter

Posted: June 20, 2007 at 7:00 am

Morgan Stanley's (MS) earnings from continuing operations were actually up 41% to $2.6 billion on a 32% rise in net revenue to $11.5 billion.Underwriting, advisory service, and fixed income sales ...
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Fedex (FDX) Takes Flight

Posted: June 20, 2007 at 6:50 am

Fedex (FDX) turned in some pretty solid numbers and blamed softness in the US economy for the fact that they were not better. Revenue of $9.15 billion, up 8% from ...
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Europe Markets 6/20/2007

Posted: June 20, 2007 at 5:01 am

Markets in Europe were higher at 5.55 AM New York time.The FTSE rose .4% to 6,679. BP (BP) was up .5% to 586.5. Prudential (PUK) was up .9% to 757.5. ...
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Video Ad Competition For Google (GOOG)

Posted: June 20, 2007 at 4:48 am

Video start-up Blinkx will begin to offer a system that matches video advertising to video content based on specific words spoken within the content, according to Business 2.0. The move ...
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Wal-Mart’s (WMT) India Set-Back

Posted: June 20, 2007 at 4:33 am

Wal-Mart (WMT) has intended to enter the retail market in India with a partner, Bharti Group. Local law does not allow foreign companies to open large numbers of stores to ...
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A Retreat From What Microsoft (MSFT) Holds Most Dear

Posted: June 20, 2007 at 4:25 am

For more than a decade Microsoft's OS has not only been the company's cash cow, it has been the saber the company has used to cut into strategic markets. The ...
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Media Digest 6/20/2007 Reuters, WSJ, NYTimes, FT, Barron’s

Posted: June 20, 2007 at 3:20 am

According to Reuters, Microsoft (MSFT) will alter its Vista operating system so that it works better with Google (GOOG) and other companies that have search functions for the desktop.Reuters writes ...
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Asia Markets 5/20/2007 Shanghai Down 2.1%

Posted: June 20, 2007 at 2:55 am

Markets in Asia rose.The Nikkei was up .3% to 18,212. Hitachi (HIT) was down 1.1% to 891. Sony (SNE) was down 1.2% to 6620. Yahoo Japan was down 2.2% to ...
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