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Daily Archives: July 3, 2007

Blackstone (BX) To Buy Hilton (HLT)

Posted: July 3, 2007 at 5:08 pm

Blackstone (BX) has agreed to buy Hilton Hotels (HLT) for $47.50 a share, a premium of about 40% of where the stock traded two days ago. The total purchase price ...
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KKR Prospectus Details

Posted: July 3, 2007 at 4:58 pm

From S-1 filed with SEC:Founded in 1976, we are a leading global alternative asset manager. Our 399 employees, including our 139 investment professionals, are led by our founders, Henry Kravis ...
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KKR IPO

Posted: July 3, 2007 at 4:45 pm

KKR announced that it has filed a registration statement with the Securities and Exchange Commission (SEC) for a proposed initial public offering of its common units representing limited partner interests ...
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eBay’s (EBAY) Big Giveaway

Posted: July 3, 2007 at 4:40 pm

eBay (EBAY) has started a free classified advertising site. It is not unlike the highly successful Craigslist. The site is called Kijiji.According to The Wall Street Journal, eBay may start ...
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Gutting The Apple (AAPL) iPhone Like A Fish

Posted: July 3, 2007 at 4:16 pm

Too much has already been written about the costs of the components of the Apple (AAPL) iPhone. Several research firms have spent their $599 per unit simply to tear the ...
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GM’s (GM) Armageddon

Posted: July 3, 2007 at 1:50 pm

Not enough lip stick for this pig. GM's (GM) June sales dropped 21%. The company has no excuses, since its sales of low margin vehicle to rental car fleets were ...
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Baidu.com (BIDU) Gets Too High

Posted: July 3, 2007 at 9:41 am

Baidu.com (BIDU) hit a 52-week high of almost $194 today. That puts the shares up over 110%. And, the company has a market cap of $6.4 billion. That is 49 ...
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A BP (BP) Merger With Royal Dutch Shell (RDS.B)?

Posted: July 3, 2007 at 9:14 am

Late word from ThisIsMoney in the UK is that BP (BP) and Royal Dutch Shell (RDS.B) are discussing a merger "which would be producing more than 70% more oil and ...
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Intel’s (INTC) New 52-Week High

Posted: July 3, 2007 at 9:02 am

After a long time in purgatory, Intel's (INTC) shares hit a 52-week high of $24.46 today. The stock has not been at level since early 2006.There is certainly some hope ...
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Chrysler (DCX) Goes To China, Tough Day For UAW

Posted: July 3, 2007 at 8:05 am

The deal for Chinese car company Chery to build small cars for DaimlerChrysler's (DCX) Chrysler unit is finally sealed. The UAW, which will start contract negotiations with the US car ...
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Oil At $71: Exxon’s Wildest Dream

Posted: July 3, 2007 at 5:20 am

Exxon's (XOM) shares are up about 40% over the last year and trade near their high of $86 and change. But, in American lives, there are no second acts. Or, ...
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GM Recovery: An Illusion Of Success?

Posted: July 3, 2007 at 5:08 am

GM's (GM) stock has doubled in 18 months to over $38. There are ample reasons. A settlement of the UAW's fight with GM parts supplier Delphi fixes the amount of ...
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As Microsoft (MSFT) Sales Improve, Can A PC Rally Be Far Behind?

Posted: July 3, 2007 at 4:52 am

The Vista train may be pulling out of the station. After checking a number of software sales indicators, an analyst quoted in Barron's says that Microsoft (MSFT) OS sales should ...
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SAP (SAP): The Dog Ate My Downloads

Posted: July 3, 2007 at 4:34 am

It may go down in history as one of the most elaborate defenses of trade secret theft. Oracle (ORCL) has accused German rival SAP (SAP) of systematically downloading sensitive documents ...
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Media Digest 7/3/2007 Reuters, WSJ, NYTimes, FT, Barron’s

Posted: July 3, 2007 at 3:20 am

According to Reuters, SAP (SAP) admitted that one of its divisions has inappropriately downloaded documents from rival Oracle (ORCL), but said the parent company never had access to them.Larry Ellison's ...
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