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Daily Archives: September 25, 2007

EchoStar Restructuring Worth Only 1.6%? (DISH, DTV)

Posted: September 25, 2007 at 7:42 am

EchoStar Communications Corp. (NASDAQ:DISH) has announced that its board of directors has directed management to pursue a possible separation of its businesses into two distinct publicly traded companies. EchoStar recently ...
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Pre-Market Analyst Calls (September 25, 2007)

Posted: September 25, 2007 at 7:08 am

ACLI cut to Hold at Cantor Fitzgerald.ARRS cut to Mkt Perform at FBR.BKR cut to Neutral at Oppenheimer.BRCM cut to Mkt Perform at FBR. BZH started as Sell at UBS.CAKE ...
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UBS Starts Coverage of Homebuilders (BZH, CTX, DHI, HOV, KBH, MTH, PHM, RYL, SPF, LEN, LOW)

Posted: September 25, 2007 at 6:59 am

Lennar posted earnings and as expected these were just ugly.  The loss was $3.25 per share after charges, although this includes charges of $3.33 per share.  Revenues were $2.34 Billion.  ...
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Microsoft (MSFT) Considers A Public Offer For Yahoo!

Posted: September 25, 2007 at 5:53 am

According to sources inside Microsoft (MSFT), the New York Post is reporting that if the world's largest software company does not conclude a deal to buy part of Facebook, it ...
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Europe Markets 9/25/2007

Posted: September 25, 2007 at 5:39 am

Markets in Europe were off sharply at 6.35 AM New York time.The FTSE fell 1% to 6,401. Barclays (BCS) was down 3.9% to 592. BP (BP) was down 2.8% to ...
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Lennar (LEN): Housing Gets Much Worse

Posted: September 25, 2007 at 5:15 am

Lennar (LEN), one of the largest home-builders, reported a third quarter net loss in 2007 of $513.9 million, or $3.25 per diluted share, compared to third quarter net earnings of ...
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BP: Blame Old Management

Posted: September 25, 2007 at 4:41 am

The new CEO of BP (BP) says that the next quarter will be "dreadful". According to the FT, results could be the worst the company has posted since 1992-1993. Margins ...
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GM: A Long, Cruel Strike And Fuel For A Recession

Posted: September 25, 2007 at 4:30 am

The media said there would be no strike by the UAW. GM (GM) management seemed to indicate that talks on a new contract were getting close.But, now the union is ...
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Media Digest 9/25/2007 Reuters, WSJ, NYTimes, FT, Barron’s

Posted: September 25, 2007 at 3:08 am

According to Reuters, Microsoft (MSFT) launched its Halo 3 game which is essential to driving Xbox sales.Reuters writes that the UAW struck GM (GM) as contract negotiations failed.Reuters reportst that ...
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Asia Markets 9/25/2007

Posted: September 25, 2007 at 2:50 am

Markets in Asia were mixed.The Nikkei rose .6% to 16,402. NEC (NIPNY) rose 1.4% to 555. Toyota (TM) rose 1.2% to 6640.The Hang Seng fell .9% to 26,316. China Construction ...
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