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Daily Archives: July 16, 2007

Vodafone (VOD) Won’t Buy Verizon

Posted: July 16, 2007 at 8:19 am

The FT said that Vodafone (VOD) the huge cellular company, was looking at buying Verizon (VZ) for a premium of about 25% or $160 billion. Vodafone issued a denial.Whatever the ...
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IPO Filing: Renewable Energy Group (RWE)

Posted: July 16, 2007 at 8:09 am

In an SEC Filing on Friday evening, a company called Renewable Energy Group, Inc. has decided to come public via an IPO.  The stock will have the proposed ticker of ...
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Target (TGT) Becomes Target

Posted: July 16, 2007 at 8:03 am

Pershing Square Capital now owns 9.6% of the shares of retailer Target (TGT). There had been news that the fund was holding about 5%. Speculation is that Pershing would like ...
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Nokia’s (NOK) Big Gamble Pays Off

Posted: July 16, 2007 at 7:52 am

Nokia (NOK) was having trouble launching hot phones three years ago, Motorola's (MOT) RAZR would the phone-of-the-year in 2005 and held that title for about 18-months.But, now Motorola looks like ...
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Applebee’s Buyout: Virtually a ‘Take-Under’ (APPB, IHP)

Posted: July 16, 2007 at 7:51 am

Back in February we noted that there wasn't exactly a whole lot of value to Applebee's (NASDAQ:APPB) at the $27.25 level when it decided to explore strategic alternatives.  Someone did ...
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Pre-Market Stock News (July 16, 2007)

Posted: July 16, 2007 at 7:29 am

(AH) Armor Holdings wins $519 million Navy contract for mine resistant ambush protected vehicles.(APPB) Applebees is being acquired for $25.50 per share in cash by IHOP.(ASIA) AsiaInfo signed a contract ...
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Pre-Market Analyst Calls (July 16, 2007)

Posted: July 16, 2007 at 7:07 am

ABFS raised to Neutral at JPMorgan.ADBL started as Outperform at JMP Securities.APOL started as Neutral at JPMorgan.ATHR raised to Overweight at Lehman.CECO started as Neutral at JPMorgan.COCO started as Overweight ...
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Are Google (GOOG) And Yahoo! (YHOO) Buying Into India?

Posted: July 16, 2007 at 4:14 am

The Hindustan Times is reporting that Yahoo! (YHOO) and Google (GOOG) may be making bids for Indian web portal Rediff (REDF). The price would be as high as $1 billion. ...
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New Reports See Long-Term High Oil Price

Posted: July 16, 2007 at 4:01 am

The International Energy Agency has issued a report that says oil demand will accelerate into 2008 while supply will not. Demand in China and other emerging markets will put a ...
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Media Digest 7/15/2007

Posted: July 16, 2007 at 3:11 am

According to Reuters, the group lead by RBS has raised its bid for ABN Amro (ABN) by increasing the cash component of the offer.Reuters writes that Ford (F) is now ...
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Asia Markets 7/16/2007 Shanghai Down

Posted: July 16, 2007 at 2:45 am

Tokyo was closed, and most other markets in Asia fellThe Hang Seng fell .5% to 22,990. China Petroleum (SNP) fell 3.2% to 8.7. HSBC (HBC) rose .3% to 144.8/The Shanghai ...
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