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Daily Archives: August 15, 2007

Broadcom (BRCOM) Injunction Could Cost Qualcomm (QCOM) $2.4 Billion

Posted: August 15, 2007 at 6:14 pm

As 24/7 Wall St. reported this morning, Broadcom's (BRCM) efforts to get an injunction against Qualcomm (QCOM) marketing chips with BRCM intellectual property could have effect of shutting down parts ...
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Cramer’s Immune Growth Pick In A Crummy Market (GRMN, UA, CROX, NVT, TRMB, SIRF)

Posted: August 15, 2007 at 5:36 pm

On tonight's MAD MONEY on CNBC, Jim Cramer wanted to look at what actually works in a major credit crunch.  His situation that worked back in 1990 in food, drug, ...
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Getty Images Stock Hits Multi-Year Lows (GYI)

Posted: August 15, 2007 at 5:12 pm

We have covered Getty Images (NYSE:GYI) about how they are a business at risk, how they are going to lose market share, how their margins are going to compress almost ...
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Sirius (SIRI) Beams Up New Devices, Tries Solving iPod Envy

Posted: August 15, 2007 at 4:26 pm

From Silicon Alley InsiderJust returned from Sirius' (SIRI) gadget showcase at their Midtown headquarters. The most interesting device they showed off is the new Stiletto 2, an Apple (AAPL) iPod-sized ...
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Taking Charter (CHTR) Private

Posted: August 15, 2007 at 4:15 pm

Billionaire Paul Allen disclosed that he was looking that the possibility of taking Charter Communications (CHTR) private or "a recapitalization or restructuring designed to reduce Charter's leverage", according to The ...
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Amgen Moves From Biotech to Big Pharma, With More Baggage

Posted: August 15, 2007 at 4:07 pm

Amgen Inc. (NASDAQ:AMGN) did what Wall Street thought it would in its after-the-bell conference call.  The biotech giant announced layoffs to the tune 12% to 14% of its workforce, which ...
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The VIX Crosses Above 30….An Omen, Or Closer To An Extreme

Posted: August 15, 2007 at 3:33 pm

DJIA                     12,861.47; -167.45 (-1.29%)S&P500               1,406.70; -19.84 (-1.39%)NASDAQ             2,458.83; -40.29 (-1.61%)10YR- Bond        4.706%; -0.026%NYSE Volume  ...
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Countrywide (CFC) Merrill Rating: Credit Where Credit Is Due

Posted: August 15, 2007 at 3:20 pm

Merrill put a "sell" on Countrywide Financial (CFC) which looked late in the game. For shareholders who got into the stock earlier in the year, the rating could have come ...
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Wal-Mart Flirts With 52-Week Lows; Will Lee Scott Consider His Future? (WMT)

Posted: August 15, 2007 at 2:59 pm

Retail behemoth Wal-Mart (NYSE:WMT) has graced us today with a dubious 52-week low.  If this gets under and closes under $43.48, then Wal-Mart stock will be riding a true 52-week ...
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Salesforce.Com Set For Earnings (CRM)

Posted: August 15, 2007 at 1:30 pm

After today's close, we'll get the awaited earnings relase from Salesforce.com (NYSE:CRM).  First Call pegs estimates at $0.01 EPS and $173.6 million in revenues.  Next quarter estimates are $0.02 EPS ...
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Maybe Warren Buffett Is The Buyer of Last Resort in Financials (BRK-A, WFC, BAC, USB)

Posted: August 15, 2007 at 12:33 pm

Yesterday evening's FED FILINGS shows some interesting increases in holdings in Warren Buffett's Berkshire Hathaway (NYSE:BRK-A).  He boosted holdings in his financial stocks, and it is helping the stocks today.  ...
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Countrywide Financial (CFC) Shrugs Off Merrill “Sell”

Posted: August 15, 2007 at 10:20 am

The market ignored Merrill's "sell" call on Countrywide (CFC) today. Merrill had rated the mortgage company as a "buy" since 2005. The stock was off only 1.4% at 11.15 AM ...
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NASDAQ (NDAQ) Launches Private-Stock Market

Posted: August 15, 2007 at 9:41 am

From Silicon Alley InsiderOne of New York's two biggest e-commerce businesses, NASDAQ, aimed a volley of enthusiastic press releases at its own moribund stock this morning (NDAQ) saying that it ...
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IPO Filing: Value Financial Services, A Pawn Operation (VFSI)

Posted: August 15, 2007 at 9:25 am

Value Financial Services, Inc., a pawn shop operator, has filed to come public via an IPO under the NASDAQ ticker "VFSI."  The pawn operator lists JMP Securities and Ferris Baker ...
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Yahoo! (YHOO) Finance Missing NYSE Quotes

Posted: August 15, 2007 at 8:48 am

Yahoo!'s (YHOO) live NYSE stock quotes are down this AM. Any Yahoo! paid subscriber to quotes cannot access any stocks traded on the big NY exchange.A check with other online ...
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