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Daily Archives: August 22, 2007

Countrywide Financial: Bank of America’s Deal Of The Century

Posted: August 22, 2007 at 6:21 pm

It is too good to be true. Bank of America (BAC) put $ 2 billion into Countrywide Financial (CFC) by taking convertible preferred with an $18 a share strike price ...
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JDSU: Still No Future

Posted: August 22, 2007 at 4:01 pm

JDSU, which makes communications test and measurement solutions and optical products for the telecom and cable businesses, turned in another lackluster quarter. These are supposed to be the days of ...
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Samsung Should Passe Motorola In Handset Sales

Posted: August 22, 2007 at 3:36 pm

It is a matter of time before Motorola (MOT) loses its position as the No.2 handset maker behind Nokia (NOK). And 'tis Samsung that will do MOT in.According to new ...
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The 52-Week Low Club

Posted: August 22, 2007 at 3:02 pm

Tween Brands (TWB) Specialty retailer has bad quarter and weak guidance. Drops to $27.35 from 52-week high of $49.00.Superior Offshore (DEEP) Senior management enter into stock sales plans. Down to ...
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Cramer Talks Mortgage Lenders Closing Shop (LEH, WFC, WB, BAC)

Posted: August 22, 2007 at 1:49 pm

On today's STOP TRADING on CNBC, Jim Cramer said that the Lehman (NYSE:LEH) exit from the mortgage business is a positive because this wasn't making money.  He'd be a buyer ...
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GM Cuts Truck Production Due To High Inventory

Posted: August 22, 2007 at 1:11 pm

GM (GM) has cut production at six US plants due to high inventory of pick-ups and SUVs. Sales of the GMC Sierra fell 28% last month. The Wall Street Journal ...
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The VMware Conundrum (VMW, EMC, CTXS, MSFT)

Posted: August 22, 2007 at 12:37 pm

VMware, Inc. (NYSE:VMW) has been an unbelievably strong IPO after the partial spin-off from EMC Corp. (NYSE:EMC).  Shares opened for trade last Tuesday and are up about 40% from the ...
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Report: Head Of AMD Sales Resigns

Posted: August 22, 2007 at 12:25 pm

Hexus, the technology news site, is reporting that Henri Richard, the AMD executive vice president and chief sales and marketing officer has resigned.24/7 was unable to get an answer on ...
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New York Times Short Interest High, Faith In Online Plan May Be Fraying

Posted: August 22, 2007 at 11:07 am

Shares sold short in The New York Times Company (NYT) were just below 16 million against daily trading volume in the company's "A" share of 1.158 million. That means that ...
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IPO FILING: Adnexus Therapeutics, Targeting Avastin (ADNX, BMY)

Posted: August 22, 2007 at 11:04 am

ADNEXUS THERAPEUTICS, INC. has filed to come public via an IPO with the filed amount to sell up to $86,250,000 in common stock.  Adnexus has taken the proposed ADNX ticker ...
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Home Depot And Lowe’s Pick Up Larger Short Interest

Posted: August 22, 2007 at 10:01 am

The August short interest numbers show that Home Depot (HD) and Lowe's (LOW) had spikes in shares sold short. At HD that number hit 61.8 million, up 20.8 million. At ...
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No Enthusiasm For TD Ameritrade Deal With E*Trade

Posted: August 22, 2007 at 9:13 am

Investors would suppose that TD Ameritrade (AMTD) and E*Trade (ETFC) shares would be on fire today after The Wall Street Journal broke the story that the companies were in merger ...
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Analyzing YouTube’s Revenue Potential

Posted: August 22, 2007 at 8:33 am

From Silicon Alley InsiderSo, Google's (GOOG) YouTube will finally sell video ads.  How much revenue will they generate?  Most likely, not enough to materially affect Google's overall revenue for at ...
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Detroit On The Amazon

Posted: August 22, 2007 at 6:17 am

China used to be the next big thing for the Big Three. Now it is South America. GM (GM) is saying that it can grow it Latin America and African ...
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Europe Market Report 8/22/2007

Posted: August 22, 2007 at 6:03 am

Market in Europe were up at 7 AM New York time.The FTSE rose 1.1% to 6,151. BT (BT) was down 3% to 302.75. Invesco was up 4.3% to 607. Vodafone ...
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