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Daily Archives: September 24, 2007

OPEC Catches Up To American Airlines

Posted: September 24, 2007 at 10:03 am

AMR (AMR), the parent of American Airlines, is off almost 12% today and trading at $21.44.Last last week the company announced that passenger unit revenue would rise between 4% and ...
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Sonus (SNUS) Gets Slaughtered

Posted: September 24, 2007 at 8:37 am

Sonus Pharmaceuticals (SNUS) said that its drug candidate Tocosol Paclitaxel failed in a late-stage study aimed at treating breast cancer, according to AP. The company was trashed by investors, who ...
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How Investors Are Looking at Halo 3 (MSFT, GME, ATVI, TTWO, BBY)

Posted: September 24, 2007 at 8:21 am

By now, everyone on earth knows of the launch of Halo 3.  Microsoft's (NASDAQ:MSFT) Bungie Studios is launching this at Midnight tonight.  This should pretty easily surpass the $125 million ...
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Ford Sticks To Profit Forecast, Maybe

Posted: September 24, 2007 at 8:20 am

Alan Mulally of Ford (F) is sticking to his forecast that the company will be profitable in 2009. But, according to Reuters, he admits that the mortgage crisis and economic ...
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Harman Sets Up To Battle KKR

Posted: September 24, 2007 at 8:03 am

Harman International (HAR) released fiscal 2008 guidance this AM. It is no coincidence that the company issued them after Goldman Sachs (GS) and KKR walked on a deal to take ...
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BHP Billiton’s Major Gold Expectations

Posted: September 24, 2007 at 7:38 am

BHP Billiton Ltd. (NYSE:BHP) is seeing shares up more than 5% in pre-market activity at $76.65 at what will be new 52-week highs for its ADR's.  The word is out ...
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Pre-Market Stock News (September 24, 2007)

Posted: September 24, 2007 at 7:20 am

(ADTN) ADTRAN said seasonal uptick in business for its third quarter did not materialize; shares down over 4%. (ALOG) Analogic $0.60 EPS vs $0.52 est.(ALTH) Allos Therapeutics announced interim results ...
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Pre-Market Analyst Calls (September 24, 2007)

Posted: September 24, 2007 at 6:58 am

ARBA raised to Outperform at Cowen & Co.BCS cut to Underperform at Bear Stearns.BEC cut to Peer Perform at Bear Stearns.CREE cut to Mkt Perform at Morgan Keegan.EMC raised to ...
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VMware (VMW) Research Calls

Posted: September 24, 2007 at 6:05 am

This morning, several brokerages put out research calls on VMware (VMW), the immensely popular EMC (EMC) spin-out. UBS started the company as a "buy". Bank of America started VMW at ...
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Akamai And Limelight: Content Delivery Gets Worse

Posted: September 24, 2007 at 5:54 am

In the age of internet video and data transportation, it would make sense that the companies that facilitate these functions would do well. But, the two leading public companies in ...
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China Car Exports Getting Big Enough To Be Problem

Posted: September 24, 2007 at 5:37 am

It is easy to point to Chinese cars as being low-quality and cheap. But, in place like Africa and Latin America, that may not be such a bad thing. And, ...
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Europe Markets 9/24/2007

Posted: September 24, 2007 at 5:27 am

Markets in Europe were narrowly mixed at 6.20 AM New York Time.The FTSE rose .5% to 6,491. Barclays (BCS) was off 1.3% to 625.5. Rio TInto (RTP) was up 3.6% ...
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VMware (VMW) Buys EMC (EMC) Upgrades With Bear And Citi

Posted: September 24, 2007 at 5:17 am

Citi and Bear Streans both upgraded EMC (EMC) on the strength of its ownership in VMware (VMW) and its own growing storage business. According to MarketWatch, Citi which upped the ...
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Nvidia Goes After Intel

Posted: September 24, 2007 at 5:07 am

Nvidia (NVDA) makes chips that help run graphics on PCs. Most of its business has been aimed at high-end computers. Intel (INTC) makes chips that have a graphics capacity built ...
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Starbucks: Giving Away 50 Million Apple iTunes Download

Posted: September 24, 2007 at 4:53 am

It is not a good sign. Starbucks (SBUX) will give away 50 million downloads as part of its new service with Apple (AAPL). The venture allows iTunes customers to go ...
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