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Daily Archives: October 3, 2007

Sprint (S) CEO Forsee Under Seige

Posted: October 3, 2007 at 7:25 pm

Sprint Nextel (S) CEO Gary Forsee may be lingering in his office these days. Heading outside could be dangerous. Relational Investors LLC, which owns almost 2% of Sprint's shares, is ...
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Cramer’s Overlooked Medical Billing Solutions IPO (ATHN, MDRX, QSII)

Posted: October 3, 2007 at 5:31 pm

athenahealth (NASDAQ:ATHN) is a Web 2.0 version of medical billing, and it is like Allscripts Healthcare Solutions (NASDAQ:MDRX) and Quality Systems Inc. (NASDAQ:QSII).  He likes that the company has very ...
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Were Verizon’s (VZ) Fiber TV Subscriptions Inflated?

Posted: October 3, 2007 at 5:21 pm

In a suit filed in U.S. District Court, an advertising agency has charged Verizon (VZ) with inflating the number of FiOS fiber-to-the-home subscriptions that it has by adding "pending" customers ...
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Cramer’s New Gold Stock (ABX, NEM, AUY, BHP)

Posted: October 3, 2007 at 5:17 pm

On tonight's MAD MONEY on CNBC, Jim Cramer reviewed a stock that offers both protection and upside:Barrick Gold (NYSE:ABX) has the most upside according to Cramer in gold stocks.  The ...
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NutriSystem Shareholders Lost More Weight Than Their Clients (NTRI)

Posted: October 3, 2007 at 4:18 pm

NutriSystem, Inc. (NASDAQ:NTRI) has lowered expectations for its preliminary financial results for its third quarter. The company simultaneously announced that it authorized a $100 million increase to its existing stock ...
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Trimeris Gives Up On Biojector (TRMS, BJCT)

Posted: October 3, 2007 at 3:17 pm

Trimeris Inc. (NASDAQ:TRMS) is feeling a little after-hour pressure.  Roche and Trimeris today provided an update on their combined efforts to offer a needle-free device which has been investigated for ...
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The 52-Week Low Club

Posted: October 3, 2007 at 2:56 pm

King Pharmaceuticals (KG) Completes sale of a business unit. Down to $11.25 from 52-week high of $22.25.Worldgate Communications (WGAT) Future of video phone company continues to concern. Falls to $.30 ...
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Interest in Circuit City Driving Shares (CC, SHLD)

Posted: October 3, 2007 at 2:34 pm

Circuit City (NYSE:CC) is actually seeing its shares trade higher today.  This isn't on the consumer rebirth, and it isn't on the company turning itself around.  Today, Barron's is reporting ...
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Merrill Fires Execs Over Fixed -Income Woes

Posted: October 3, 2007 at 2:15 pm

Merrill Lynch (MER) fired the global chief of its fixed-income division and one of his top two U.S. deputies after losses in credit markets, according to Bloomberg. Merrill will not ...
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Globalstar’s Woes (GSAT)

Posted: October 3, 2007 at 1:51 pm

Looking into recent IPO's is usually more than interesting as far as financial investigations are concerned.  There are usually the year's best performers among the names, but there are also ...
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China Market Madness: More Shares Rally

Posted: October 3, 2007 at 1:50 pm

It must be something in the water. A broad range of China stocks are up again today. Most are moving on no news.China Architectural (RCH) Up 58% to a new ...
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Countrywide’s (CFC) New PR Program Get Pounded

Posted: October 3, 2007 at 11:54 am

24/7 Wall St. is not the only medium that took exception to Countrywide's (CFC) hiring of Burson-Marsteller to lift employee morale and help the mortgage company look better to the ...
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Constant Contact IPO: Instant Gapper (CTCT)

Posted: October 3, 2007 at 10:37 am

Constant Contact, Inc. (NASDAQ:CTCT) has finally opened for trading at what appears to be $26.00 as the first print. This IPO was originally supposed to open  at 11:00 AM but ...
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e-Future Shows Traders Still Chasing Chinese Stocks (EFUT)

Posted: October 3, 2007 at 8:48 am

e-Future Information Technology Inc. (NASDAQ:EFUT) is seeing shares post huge gains this morning on active volume after announcing that Beijing Tourism Group ("BTG") has licensed e-Future ONE VPM (Visual Process ...
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Is Tata The Leader In Race To Buy Jaguar And Rover

Posted: October 3, 2007 at 7:45 am

With its US vehicle sales down 20% in September, Ford (F) could use some quick cash. It may need it to fund a union controlled health care fund to get ...
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