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Daily Archives: October 2, 2007

Hovnanian (HOV) And Ford (F): A Free Car With Every Home?

Posted: October 2, 2007 at 9:27 am

Hovnanian (HOV) the big home builder, recently ran a sale on a number of its houses in selected areas across the country. According to The Washington Post "the largest discounts ...
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The Road To Madness: B of A Sets $400 Price Target On Baidu (BIDU)

Posted: October 2, 2007 at 8:59 am

Bank of America set a $400 price target on Chinese search engine company Baidu (BIDU), according to Minyanville. JP Morgan started the stock at "overweight". All of this noise has ...
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Diebold’s Revenue Recognition Changes Ahead of Election Year (DBD)

Posted: October 2, 2007 at 8:11 am

Diebold Inc. (NYSE:DBD) has announced some changes to its revenue recognition practices deemed the "Bill & Hold" basis within its North America segment as part of ongoing discussions with the ...
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Stranger Than Fiction Story Of The Day: Chinese Reject US Sardines

Posted: October 2, 2007 at 7:22 am

The Chinese government has rejected 47 tons of  US sardines according to China's official Xinhua News Agency. The little fish were shipped through Japan, and, according to the communists were ...
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NYSE Launches New Target Date ETF’s (TDD, TDH, TDN, TDV, TDX)

Posted: October 2, 2007 at 7:08 am

NYSE Euronext started trading five multi-asset class and multi-target date ETF's referred to as TDAX Independence ETFs on NYSE Arca.  These ETF's are designed to track the performance of the ...
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Nokia (NOK) Flogs Video, Ups Stakes Against Apple (AAPL

Posted: October 2, 2007 at 7:02 am

Nokia (NOK) has cut a deal to put more video on its high-end phones. According to Reuters, it has signed new deals with CNN, Sony Pictures, and several other mainstream ...
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Pre-Market Stock News (October 2, 2007)

Posted: October 2, 2007 at 6:56 am

(AXL) American Axle traded up after-hours as Cramer said they would benefit from UAW contracts like GM did.(BMC) BMC Software names former SVP at Oracle as head of North American ...
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Pre-Market Analyst Calls (October 2, 2007)

Posted: October 2, 2007 at 6:42 am

ACAD started as Hold at Citigroup.ALB raised to Neutral at Goldman Sachs.AMB raised to Buy at B of A.APD cut to Neutral at Goldman Sachs.BAC started as Buy at Goldman ...
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Commerce Bancorp Gobbled Up By TD (CBH, TD)

Posted: October 2, 2007 at 6:08 am

Commerce Bancorp (NYSE:CBH) is being acquired by TD Bank Financial Group (NYSE:TD) of Canada for roughly $42.00 per share.  The deal is 25% cash with $10.50 cash and 0.4142 shares ...
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Yahoo!’s (YHOO) Big Mobile Win

Posted: October 2, 2007 at 6:01 am

Yahoo! (YHOO) just scored a big win by getting Telefonica to add its search features to cell services that operate in 15 countries in Latin America and Europe. Yahoo! management ...
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Micorosft (MSFT): Software For Nothing

Posted: October 2, 2007 at 5:47 am

Microsoft (MSFT) CEO Steve Ballmer sounds like a revolutionary. Accordiing to The Telegraph, the chief of Redmond says that "software delivered as a service, or software plus services as Microsoft ...
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Europe Markets 10/2/2007

Posted: October 2, 2007 at 5:32 am

Markets in Europe rose at 6.30 AM New York time.The FTSE was up .4% to 6,534. Barclays (BCS) rose 4.6% to 628.5. BP (BP) was down 1.2% to 559.The DAXX ...
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Belo (BLC): A Reminder Of How Little Newspapers Are Worth

Posted: October 2, 2007 at 5:22 am

Belo (BLC) yesterday announced that it would separate its newspaper and broadcast properties into two separate companies. The firm's shares rose from $17.50 to over $21.Belo's newspaper revenue has dropped ...
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McDonald’s (MCD): A Coup De Grace For Starbucks

Posted: October 2, 2007 at 5:12 am

Crain's Chicago Business has gotten its hands on the game plan for McDonald's (MCD) to conquer the premium coffee world. As the business magazine put it: "In one of its ...
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Facebook Is The New Skype

Posted: October 2, 2007 at 5:03 am

Caveat emptor. Word is that Microsoft (MSFT) may buy 5% of social network Facebook for as much as $500 million. And, rumor is that Google may outbid it.Ebay (EBAY) just ...
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