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Daily Archives: August 3, 2007

Pre-Market Stock News (August 3, 2007)

Posted: August 3, 2007 at 7:11 am

(ACA) ACA Capital said subprime mortgage exposure does not threaten stability of its unit ratings.(AHM) American Home Mortgage is closing most operations and laying off most of its 7,400 workers ...
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Big Band (BBND), Akamai (AKAM), And Level 3 (LVLT): Bad Times For Multimedia

Posted: August 3, 2007 at 7:03 am

Big Band Networks (BBND) had a bad quarter. The provider of infrastructure for moving video around the internet lost 20% of its value after hours down to $11. It announced ...
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Pre-Market Analyst Calls (August 3, 2007)

Posted: August 3, 2007 at 6:43 am

APD started as Outperform at CIBC.CAB raised to Outperform at Wachovia.CKFR cut to Neutral at Baird.CDL raised to Neutral at B of A.CLX cut to Equal Weight at Lehman.CXR raised ...
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Boston Scientific (BSX) Unit IPO Dies On The Table

Posted: August 3, 2007 at 5:07 am

Boston Scientific (BSX) had planned to take its fast-growing endosurgery group public to raise as much as $1 billion. According to The Associated Press: "The endosurgery unit has recently enjoyed ...
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Municipal Wi-Fi Loses It Juice

Posted: August 3, 2007 at 4:58 am

The big city-wide WiFi deployment that was going to make broadband access to the masses a reality was to start in San Francisco. After all, it is the large city ...
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New York Times (NYT) Online Troubles

Posted: August 3, 2007 at 4:32 am

As the data from Hitwise shows, traffic to the NYTimes.com website has dropped 15% over the last year. In a note from teh audience measurement company: According to Hitwise, ...
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American Home Lending (AHM) RIP: A Specter Of Recession?

Posted: August 3, 2007 at 4:21 am

American Home Lending (AHM) said it would lay-off most of its staff, about 7,000 people. The home lender will also probably seek bankruptcy protection.According to MarketWatch: "American Home Mortgage said ...
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Media Digest 8/3/2007 Reuters, WSJ, NYTimes, FT, Barron’s

Posted: August 3, 2007 at 3:06 am

According to Reuters, net income at Toyota (TM) rose sharply on strong US and European sales.Reuters writes that American Home Mortgage (AHM) will close today and lay-off all of its ...
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Asia Markets 8/3/2007

Posted: August 3, 2007 at 2:46 am

Markets in Asia were mixedThe Nkkei was flat at 16,980. Toyota (TM) announced earnings. It was up .1% to 7080.The Hange Seng rose .6% to 22,572. China Mobile (CHL) was ...
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