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Daily Archives: August 2, 2007

Amgen (AMGN) And GSK (GSK): Is The Government Getting Tougher On Pharma?

Posted: August 2, 2007 at 6:49 am

The U.S. Centers for Medicare & Medicaid Services issued its final ruling governing use of a class of anemia drugs including Amgen's (AMGN) Aranesp .The CMOS guided doctors to restrict ...
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Starbucks (SBUX) Lackluster Results

Posted: August 2, 2007 at 6:24 am

Starbucks (SBUX) turned in an OK performance and its stock moved only a little over 2% up in pre-market trading.Revenue rose from $1.66 billion in the quarter a year ago ...
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Nokia (NOK): Winner And Still Champion

Posted: August 2, 2007 at 6:09 am

According to Bloomberg, Nokia's (NOK) net income rose to 2.83 billion euros ($3.87 billion), or 72 cents share. The company moved market share toward 40 percent by introducing new devices ...
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Europe Markets 8/2/2007

Posted: August 2, 2007 at 6:00 am

Markets in Europe were higher at 6.50 AM New York time.The FTSE rose .7% to 6,295. BP (BP) was down 1.4% to 565.5. BT (BT) was up 1.9% to 315.75. ...
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Sohu (SOHU), So Small

Posted: August 2, 2007 at 5:33 am

A look at Sohu's (SOHU) earnings for the last quarter shows how small and vulnerable China's internet properties are compared with global operations like Google (GOOG) and Yahoo! (YHOO). It ...
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Lenovo Get Stronger: Hewlett Packard (HPQ) And Dell (DELL) Get A Challenge

Posted: August 2, 2007 at 5:13 am

Lenovo, the world's third largest PC company increased profits in is last quarter by 13x. And, operations in the US were profitable. Lenovo's net rose to almost $67 million. Revenue ...
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“Made In China” Gets Expensive

Posted: August 2, 2007 at 5:02 am

The last anyone heard, US companies manufactured goods in China because labor costs were low and the out-sourcing saved money.Yesterday, Mattel's (MAT) Fisher division recalled about one milion toys. They ...
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Apple’s (AAPL) Last Upgrade

Posted: August 2, 2007 at 4:48 am

Someone at the Apple (AAPL) Bar & Grill called for the last round just before closing and the research group at Bank of America wanted a drink.Yesterday the bank started ...
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Google (GOOG) Open Wireless Standards: As Long As The Software Is Google’s

Posted: August 2, 2007 at 4:47 am

Google (GOOG) pushed the FCC to offer open wiresless access as a condition of bidding on spectrum in the next auction that will open more broadband wireless conduits. The idea ...
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Media Digest 8/2/2007 Reuters, WSJ NYTimes, FT, Barron’s

Posted: August 2, 2007 at 3:16 am

According to Reuters, auto sales in the US dropped in July and imports took more than 50% of the market for the first time as sales dropped shsrply at GM ...
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Asia Markets 8/2/2007

Posted: August 2, 2007 at 2:51 am

Markets in Asia were mixedThe Nikkei rose .7% to 16,984. Canon (CAJ) was upp 3.3% to 6540. Honda (HMC) was down 1.7% to 4170. Sony (SNE) was down 1.3% to ...
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