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Daily Archives: August 15, 2007

Merrill Lynch’s Very Late Countrywide (CFC) Call

Posted: August 15, 2007 at 8:17 am

Merrill Lynch downgraded Countrywide Financial (CFC) to a "sell" today. It has had a "buy" on the stock since April 2005, according to Bloomberg. And, investors always thought analysts earned ...
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A Google (GOOG) Takeover Of Adobe (ADBE)?

Posted: August 15, 2007 at 8:01 am

GigaOm has suggested that Google (GOOG) may look at buying online tools company Adobe (ADBE). While the big search company would get the large Acrobat and Photoshop, the key to ...
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E*Trade DARTs Rise As Customer Internals Weaken (ETFC)

Posted: August 15, 2007 at 8:01 am

E*Trade Financial Corp. (NASDAQ:ETFC) released the industry metric that Wall Street looks at to see how its overall trading revenues are going.  Its DARTs (daily average revenue trades) rose a ...
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Broadcom (BRCM) Works To Shut Qualcomm (QCOM) Down

Posted: August 15, 2007 at 7:40 am

Broadcom (BRCM) is arguing in federal court that Qualcomm (QCOM) should be prohibited from selling a number of its chips because they infringe on BRCM patents. According to Reuters:  "Broadcom ...
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Pre-Market Stock News (August 15, 2007)

Posted: August 15, 2007 at 7:32 am

(AMAT) Applied Materials trading down 3% after yesterday's earnings.(CSC) CSC said it is part of a large government pact that will result in close to $900 million to CSC.(DE) Deere ...
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Pre-Market Analyst Calls (August 15, 2007)

Posted: August 15, 2007 at 7:08 am

ABR cut to Equal Weight at Lehman.AXA cut to Neutral at Credit Suisse.CEN cut to Neutral at UBS.CNO started as Mkt Perform at FBR.CPLA started as Buy at Citigroup.DGX started ...
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Wal-Mart (WMT) Will Begin To Close Stores

Posted: August 15, 2007 at 5:39 am

Wal-Mart's (WMT) quarterly numbers were awful and they sent the company's shares to a new 52-week low of $43.52. The 52-week high is $52.15. The weakest part of the retail ...
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AMD (AMD): Is Its New Chip Late?

Posted: August 15, 2007 at 5:14 am

The Inquirer is reporting that the new AMD (AMD) multi-core Barcelona chip is shipping late. The chip was scheduled to go to market in mid-August, and it has apparently not ...
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Apple (AAPL) iPhone Gets Lift From Facebook

Posted: August 15, 2007 at 5:06 am

Facebook has built an application that runs on the Apple (AAPL) iPhone. TechCrunch believes that it is the best application yet for the handset. The new product is a win ...
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Dell (DELL): Another Partnership

Posted: August 15, 2007 at 4:54 am

Dell (DELL) has moved to sell its PCs through retail outlets like Wal-Mart (WMT) Now, it wants to help retailers run their businesses.The computer company has married itself up with ...
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Smart Ads: Yahoo! (YHOO) Late Again

Posted: August 15, 2007 at 4:37 am

Yahoo! (YHOO) is hoping that a new technology called Smart Ads will makes its display advertising more attractive to marketers. The product allows an advertiser to give a broad array ...
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DirecTV’s (DTV) Voodoo Broadband

Posted: August 15, 2007 at 4:27 am

DirecTV (DTV) is setting up a partnership with Current Group to sell broadband that is delivered over powerlines. The product uses the existing wiring from the utilities to send a ...
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Media Digest 8/15/2007 Reuters, WSJ, NYTimes, FT, Barron’s

Posted: August 15, 2007 at 3:22 am

According to Reuters, Nestle increased its share buyback to $21 billion after reporting a strong first half.Reuters writes that SAP (SAP) and Dell (DELL) will create products that help retailers ...
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Asia Markets 8/15/2007

Posted: August 15, 2007 at 2:51 am

Markets in Asia were down sharply.The Nikkei fell  2.2% to 16,476. Sony (SNE) fell 2.6% to 5520. Toyota (TM) fell 3% to 6850. The Hang Seng fell 2.8% to 21,397. ...
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