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Monthly Archives: August 2007

NBC Joins Universal Leaving iTunes

Posted: August 31, 2007 at 5:20 am

NBC has told Apple (AAPL) that it will not renew its long-term deal with the iTunes store. The GE (GE) unit is "the No. 1 supplier of digital video to ...
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Toyota: No More Easy Growth

Posted: August 31, 2007 at 5:09 am

The nice thing about the management at Toyota (TM) is that they tell their rivals ahead of time how badly they are going to crush them.The big Japanese car company ...
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S&P Chief Out, McGraw-Hill Chief Should Follow

Posted: August 31, 2007 at 4:55 am

McGraw-Hill (MGP) sacked the head of its S&P unit on the theory that the ratings agency should have seen sub-prime problems coming sooner and downgraded pools of the mortgage-backed securities. ...
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The Ariad Pharmaceuticals Conundrum (ARIA, MRK)

Posted: August 31, 2007 at 4:50 am

Business Week has run a brief feature article on Ariad Pharmaceuticals (NASDAQ:ARIA) in its "Inside Wall Street" magazine section and noted that the company's partner Merck (NYSE:MRK), has "deep pockets."  ...
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Media Digest 8/31/2007 Reuters, WSJ, NYTimes, FT, Barron’s

Posted: August 31, 2007 at 3:31 am

According to Reuters, Bush will outline a plan to help holders of sub-prime mortgages.Reuters writes that Dell (DELL) topped Wall St. estimates but sees costs drops slowing.Reuters writees that Freddie ...
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Asia Markets 8/31/2007

Posted: August 31, 2007 at 3:00 am

Markets in Asia were up shareply. The Nikkei rose 2.7% to 16,569. Honda (HMC) rose 4.4% to 3820. NEC (NIPNY) rose 3.8% to 547. NTT (NTT) rose 2.9% to 538000. ...
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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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