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Daily Archives: August 30, 2007

The 52-Week Low Club

Posted: August 30, 2007 at 3:58 pm

Coldwater Creek (CWTR) Week numbers for women's apparel company. Down to $12.85 from 52-week high of $31.25.Chico's FAS (CHS) Apparel retailer reports poor earnings. Down to $15.35 from 52-week high ...
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Dell: Nothing To Write Home About

Posted: August 30, 2007 at 3:12 pm

Dell (DELL) closed up today. Its shares were up over 2% to $28.36. The company then reported preliminary results for its second quarter of fiscal year 2008, with revenue of ...
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No Company Deserves A “Sell” Rating More Than Wal-Mart

Posted: August 30, 2007 at 9:22 am

Merrill Lynch downgraded Wal-Mart to a "sell" this morning, more humiliation for a management that has already proven that "if it can go wrong, it will go wrong". In the ...
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Sony Swings For A Double

Posted: August 30, 2007 at 9:13 am

The new Sony (SNE) Walkman will not be a home run. Apple's (AAPL) iPod has taken care of that. But, Sony management believes that the new version of its very ...
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Coldwater Creek: Retail Downturn Moves Up

Posted: August 30, 2007 at 8:42 am

Coldwater Creek (CWTR) does not sell the most expensive women's clothes, but it does market to the 35+ age group and to spas. So, not cheap stuff.But, the company reported ...
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Will Nortel Buy Tellabs? Hopefully Not

Posted: August 30, 2007 at 6:57 am

Lightreading is reporting that telecom equipment company Nortel (NT) may be close to buying Tellabs (TLAB). NT may have already made an offer of $14 to $15. According to Lightreading, ...
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More Bad News At Sears

Posted: August 30, 2007 at 6:39 am

Sears (SHLD) reported a poor quarter this AM. The company reported net income of $176 million, or $1.17 per diluted share, for the second quarter ended August 4, 2007, compared ...
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Ciena Jumps Up On Good Numbers

Posted: August 30, 2007 at 6:35 am

Ciena (CIEN) network specialist, announced results for its fiscal third quarter ended July 31, 2007. Revenue for the third quarter totaled $205.0 million, an increase of 34.4% over the same ...
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Early Research Calls 8/20/2007

Posted: August 30, 2007 at 6:29 am

Merriman upgrades Taser (TASR) from neutral to buy.Lehman (LEH) upgrades Motorola (MOT) from equal weight to overweight.Sun Trust starts Penn Virginia with a buy and $54 price target.Cowen upgrades Lab ...
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Intel See Asia Growth: Peanuts For AMD

Posted: August 30, 2007 at 5:58 am

Intel (INTC) says that its growth in Asia will be robust for the balance of the year, a sign that PC sales in the region are strengthening. IDC expects a ...
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Ford’s Slow Go On Jag And Rover

Posted: August 30, 2007 at 5:25 am

Ford (F) management won't say this, but it is in no rush to sell Jaguar or Range Rover until next year. Mahindra & Marhindra, the Indian car conglomerate,TPG Capital, Cerberus ...
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Europe Markets 8/30/2007

Posted: August 30, 2007 at 5:17 am

Markets in Europe were up modestly at 6.15 AM New York time.The FTSE rose .6% to 6,167. BHP Billiton (BHP) rose 1.4% to 1409. BP (BP) rose 1.2% to 549. ...
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Novell: Why Linux Is The Next Netscape

Posted: August 30, 2007 at 5:08 am

Novell (NOVL) reported next to no reveue growth in its last quarter. The number was $243 million, up less than 3% from a year ago. According to TheStreet.com, cash flow ...
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Investment Bankers: Coal From Santa

Posted: August 30, 2007 at 4:58 am

According to Bloomberg, when investment bankers look into their Christmas stockings, all they will see is coal. The news service owned by New York's mayor writes "Standard & Poor's said ...
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Tivo: Not Much Of A Business

Posted: August 30, 2007 at 4:52 am

Tivo (TIVO) was, at one point, the next big thing. Recording and time shifting TV programs. Watch them when you want to. Not VCR required.In the last quarter, TIVO has ...
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