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Daily Archives: August 1, 2007

Valero Energy Corp. Mixed Reaction (VLO)

Posted: August 1, 2007 at 9:29 am

Valero Energy Corp. (NYSE:VLO) posted earnings after yesterday's close.  Profits came in at an all-time high on high oil prices.  The refiner's net income was over $2.2 Billion with an ...
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American Home Mortgage Carnage Continues in Mortgage Land (AHM, BSC, LEND, NLY, CHC, TMA)

Posted: August 1, 2007 at 8:53 am

American Home Mortgage Corp. (NYSE:AHM) shares traded over 30 million shares yesterday after being halted for a day and a half.  It is likely that the sub-Saharan tribal residents know ...
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GPS Stocks Cruising Up Wall Street & Main Street (GRMN, NVT, TRMB, SIRF)

Posted: August 1, 2007 at 8:30 am

NAVTEQ  Corp. (NYSE:NVT) is seeing its shares trade up over 10% on strong orders that exceeded estimates and guidance that equally exceeded estimates.  This puts shares within striking distance of ...
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Analysts To Blackstone’s Rescue (BX)

Posted: August 1, 2007 at 8:06 am

Blackstone Group, L.P. is seeing its shares, well units, trading up almost 2% pre-market on a day when DJIA futures have traded down over 100 points.  The catalyst was the ...
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Pre-Market Stock News (August 1, 2007)

Posted: August 1, 2007 at 7:40 am

(BSC) BearStearns trading lower on other reports of a hedge fund write-off.(BWLD) Buffalo Wild Wings trading down 11% after earnings and guidance failed to keep up with recent performance.(BX) Blackstone ...
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Pre-Market Analyst Calls (August 1, 2007)

Posted: August 1, 2007 at 7:18 am

AAPL raised to Buy at Citigroup.ACMR cut to Neutral at Credit Suisse.AG raised to Outperform at Bear Stearns.AHG raised to Neutral at Oppenheimer.ARM raised to Buy at UBS.ATNI raised to ...
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Verizon (VZ) Works Around Apple (AAPL) iTunes

Posted: August 1, 2007 at 5:11 am

Verizon (VA) has set a deal with Columbia Records to allow its wireless users to download songs from band AD/DC for a modest fee. No PC is necessary. And, consumers ...
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Europe Markets 8/1/2007 A Bit Of A Collapse

Posted: August 1, 2007 at 5:01 am

Markets in Europe are off sharply at 6 AM New York time.The FTSE is down 2.3% to 6,215.The DAXX is down 2% to 7,434.The CAC 40 is off 2.6% to ...
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Why Bear Stearns (BSC) Stock Will Drop Below $100

Posted: August 1, 2007 at 4:58 am

Bear Stearns (BSC) trades at $121 now, down from almost $173 earlier this year. And, it will be below $100 by Labor Day. The disintegration of two of its funds ...
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GM (GM) And Ford (F): An Inconvenient Truth

Posted: August 1, 2007 at 4:43 am

The press and the business community clearly want large US car companies Ford (F) and GM (GM) to prevail in their struggles to reshape themselves as smaller, profitable companies. They ...
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Media Digest 8/1/2007 Reuters, WSJ, NYTimes, FT, Barron’s

Posted: August 1, 2007 at 3:17 am

According To Reuters, News Corp (NWS) agreed to buy Dow Jones (DJ) for $5.6 billionReuters reports Sanofi-Aventis profits were hit by cometition from generics.According to The Wall Street Journal,  Bear ...
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Asia Markets 8/1/2007

Posted: August 1, 2007 at 2:58 am

Markets in Asia were off sharply.The Nikkei fell 2.2% to 16,871.Sony (SNE) fell 2.9% to 6130. Toyota (TM) fell 1.4% to 7100.The Hang Seng was off 2.7% to 22,568. China ...
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