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Daily Archives: October 17, 2007

Are USA Today Results Sending NYT To 52-Week Low?

Posted: October 17, 2007 at 8:53 am

Gannett (GCI) announced Q3 results today along with details on revenue for September. Total operating revenues for the company were $1.81 billion in the third quarter compared to $1.88 billion ...
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China TechFaith Wireless (CNTF): Insane Chinese Stock Of The Day

Posted: October 17, 2007 at 8:37 am

China TechFaith Wireless (CNTF) is trading up 32% to $8.64 on news that the company announced that China's Ministry of Public Security Information Center has awarded TechFaith a contract to ...
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Baidu (BIDU) Stock Rushes Up On E-Commerce Move

Posted: October 17, 2007 at 8:12 am

Baidu (BIDU), which operates the most popular search engine in China, has traded as high as 70x revenue. The stock was beateen down last week, but it appears that the ...
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Heelys Blows The Tires Off (HLYS)

Posted: October 17, 2007 at 8:07 am

If you've ever heard shoes referred to "wheels" in slang that isn't really slang for Heelys Inc. (NASDAQ:HLYS), which makes the wheeled shoes for kids.  This was a fairly hot ...
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Medarex Hit With Sell Rating (MEDX, BMY)

Posted: October 17, 2007 at 7:51 am

Medarex (NASDAQ:MEDX) is seeing shares being hit by a research note where Banc of America initiated coverage with a "SELL" rating.  This is a fairly thin volume stock in pre-market ...
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Pre-Market Stock News (October 17, 2007)

Posted: October 17, 2007 at 7:18 am

(ABBI) Abraxis received two FDA Approvals for Fludarabine Phosphate as cancer drugs.(ABT) Abbott Labs $0.67 EPS vs $0.66 est.(ALGN) Align Tech traded up on positive Cramer comments on Mad Money.(ASYS) ...
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T. Boone Pickens: $100 Oil Coming

Posted: October 17, 2007 at 7:13 am

This morning CNBC hosted oil guru T. Boone Pickens for his oil outlook.  He thinks oil is going on up and he thinks within a year that you'll see $100 ...
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Pre-Market Analyst Calls (October 17, 2007)

Posted: October 17, 2007 at 7:00 am

ADSK cut to Neutral at UBS.ANSS started as Outperform at Bear Stearns.BMC cut to Underperform at Bear Stearns.COGN cut to Mkt Perform at FBR.ERIC cut to Equal Weight at Lehman.GME ...
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Altria (MO) Smokes Estimates, Shares Ups

Posted: October 17, 2007 at 6:29 am

Altria (MO) announced third-quarter diluted earnings per share from continuing operations of $1.24, up $0.19 or 18.1% versus the prior year. And, the company had further good tidings. It raised ...
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Have A Coke (KO) And A Smile, Good Quarter On Tap

Posted: October 17, 2007 at 6:22 am

The Coca-Cola Company (KO) reported third quarter earnings per share of $0.71, an increase of 15 percent versus the prior year quarter. Earnings per share for the quarter included a ...
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JP Morgan’s (JPM) No Where Quarter

Posted: October 17, 2007 at 6:17 am

JP Morgan (JPM) reported 2007 third-quarter net income of $3.4 billion, up from $3.3 billion in the third quarter of 2006. Earnings per share of $0.97 were up 5%, compared ...
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Cablevision (CVC) LBO Is Toast

Posted: October 17, 2007 at 5:40 am

Most LBO's these days get killed because buyers develop remorse over a high price and the tough borrowing environment. At Cablevision (CVC) all of that has been turned on its ...
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Skype (EBAY) And MySpace (NWS): 1+1=0

Posted: October 17, 2007 at 5:19 am

News Corp's (NWS) social network MySpace will add Ebay's (EBAY) Skype voice over IP product to the MySpace instant messaging feature. The two companies say that the deal will promote ...
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The High Lay-Off Economy (BSX)(INTC)(CFC)(HPQ)

Posted: October 17, 2007 at 5:08 am

Workers in industries that are not doing well usually get laid off. But, it is not a good omen when workers in robust sectors of the economy are losing their ...
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Santa On A Rickshaw: More Chinese Toys For Christmas

Posted: October 17, 2007 at 4:52 am

Reuters reports that "Li Changjiang, the head of General Administration of Quality Supervision, Inspection and Quarantine, said factory owners in the southern province of Guangdong, China's manufacturing heartland, told him ...
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