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Daily Archives: August 9, 2007

Pre-Market Stock News (August 9, 2007)

Posted: August 9, 2007 at 7:15 am

(AEO) American Eagle Outfitters s-s-s were -6% vs +4% est.(AIG) AIG $1.64 EPS vs $1.61 est.; says comfortable with US mortgage market.(ATPG) ATP Oil & Gas $0.39 EPS vs $0.05 ...
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Gap (GPS) Same-Store Sales Continue Collapse

Posted: August 9, 2007 at 7:12 am

Gap (GPS) same-store sales fell 7% in July. Wall St. expected a 4.9% drop.It must be that US shoppers are upset that the company hired a Canadian to be CEO. ...
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Wal-Mart (WMT) Same-Store Sales Inch Up

Posted: August 9, 2007 at 7:05 am

Perhaps it is all of these Dell PCs that it is selling. Or, the new program that allows buyers to order products and walmart.com and pick them up in stores.Wal-Mart ...
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VC Firm Goes Insane: Dumping $100 Million into NBCU-News YouTube Killer

Posted: August 9, 2007 at 6:57 am

From Silicon Alley Insider...at a $1 billion valuation.  Not done deal yet, but Providence Equity Partners is apparently ready to sign.  Continued here. ...
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Some Sunlight For Vonage (VG)

Posted: August 9, 2007 at 6:41 am

Vonage (VG), know in some quarters as the worst IPO in history, had a decent earnings announcement.Revenue for the second quarter 2007 grew to a record $206 million, a 43% ...
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Pre-Market Analyst Calls (August 9, 2007)

Posted: August 9, 2007 at 6:41 am

AA raised to Outperform at FBR.AHR raised to Buy at Jefferies.CHK cut to Mkt Perform at Wachovia.CMRG cut to Neutral at JPMorgan.CNC raised to Hold at Jefferies.CVC cut to Mkt ...
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The Death Of Broadband (T)(CMCSA)(VZ)(S)(CLWR)(TWC)

Posted: August 9, 2007 at 5:33 am

Verizon (VZ) is trying to take business from cable companies like Comcast (CMCSA) and Time Warner Cable (TWC) using its new $23 billion fiber-to-the-home project. The cable guys are trying ...
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Europe Markets 8/9/2007

Posted: August 9, 2007 at 5:18 am

Markets in Europe were down sharply at 6.10 AM New York time.The FTSE fell .9% to 6,338. Barclays (BCS) was down 3% to 691. BP (BP) was down 2.2% to ...
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Wal-Mart (WMT) And Facebook Go To School

Posted: August 9, 2007 at 5:00 am

Wal-Mart (WMT) has signed a deal with Facebook that will allow college roommates to use the social network to help decorate their dorms. The users will take a quiz and ...
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Google (GOOG) News Wants Your Opinion

Posted: August 9, 2007 at 4:53 am

Google (GOOG) has announced that people who have written content used in Google News of subjects covered in articles in the service will be able to comment on the content. ...
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Toyota (TM) Blows An Engine

Posted: August 9, 2007 at 4:44 am

Toyota (TM) is the hybrid company. The Prius is the hybrid car. The Japanese car company has used that reputation to build a hybrid business in the US that no ...
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Blockbuster (BBI) Goes Download Two Year Too Late

Posted: August 9, 2007 at 4:34 am

Blockbuster (BBI) bought Movielink, a premium video content download service owned by several Hollywood studios. The price was rumored to be $20 million. The move is almost certainly two years ...
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Media Digest 8/9/2007 Reuters, WSJ, NYTimes, FT, Barron’s

Posted: August 9, 2007 at 3:21 am

According to Reuters, BNP Pariba suspending three funds due to sub-prime problems in their portfolios.Reuters writes the net income and sales rose at News Corp (NWS).Reuters reports that Wal-Mar (WMT) ...
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Asia Markets 8/9/2007

Posted: August 9, 2007 at 2:52 am

Markets in Asia were mixed. The Nikkei rose .8% to 17,171. Canon (CAJ) rose 1.1% to 6490. Docomo (DCM) rose 2.9% to 176000. Toyota (TM) fell .5% to 7270.The Hang ...
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