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Daily Archives: October 23, 2007

More Bad News for NYT, et al: Guardian Invasion

Posted: October 23, 2007 at 7:23 am

From Silicon Alley InsiderThe UK's Guardian has launched a US web site, www.guardianamerica.com, produced by an editorial team of 8 based in Washington DC.  The move is intended to capitalize ...
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Level 3 Communications Misses The Boat (LVLT)

Posted: October 23, 2007 at 7:18 am

Level 3 Communications Inc. (NASDAQ:LVLT) is seeing shares take a haircut in immediate reaction trading to earnings pre-market.  The company beat revenues with $1.061 Billion in revenues versus $1.04 Billion ...
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Dendreon Sets Stage for 2008 for PROVENGE

Posted: October 23, 2007 at 6:55 am

Dendreon (NASDAQ:DNDN) has issued a press release noting that it has completed its target enrollment of 500 patients in phase III IMPACT study of PROVENGE for advanced prostate cancer.  It ...
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AT&T (T) Comes Up Light

Posted: October 23, 2007 at 6:50 am

AT&T (T) reported third-quarter revenues of $30.1 billion, up from $15.6 billion in the year-earlier quarter, prior to its Dec. 29, 2006 acquisition of BellSouth Corporation and the accompanying consolidation ...
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Lockheed Martin (LMT) Makes Wall St. Happy

Posted: October 23, 2007 at 6:43 am

Shares of Lockheed Martin (LMT) are already rising before the bell. The company reported third quarter 2007 net earnings of $766 million ($1.80 per diluted share), compared to $629 million ...
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Online Poker Protesting May Highlight Few Shares (CRYP, GIGM, UBET)

Posted: October 23, 2007 at 6:43 am

We have noted several stocks in the past for online gambling repeals that would benefit if online gambling bans for U.S. citizens were lifted.  Among these that trade in the ...
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Dupont (DD) Goes Strong

Posted: October 23, 2007 at 6:40 am

Dupont (DD) turned in another good quarter.Consolidated net sales increased 6 percent to $6.7 billion in the quarter driven by strength in Europe and Latin America. Net income for the ...
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Apple (AAPL) Is Not Google (GOOG)

Posted: October 23, 2007 at 6:30 am

It is obvious that Apple (AAPL) is not Google, or its stock symbol would be GOOG.But, the issues go beyond that. With Apple's most impressive quarter behind it and with ...
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Microsoft “Product Of The Week Club”: Competition For RIMM?

Posted: October 23, 2007 at 5:42 am

These days it seems that Microsoft (MSFT) cannot get enough products out the door. This week it is a new software set that allows high end wireless devices do most ...
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Europe Markets 10/22/20

Posted: October 23, 2007 at 5:25 am

Markets in Europe were up at 6.20 AM New York time.The FTSE rose 1% to 6,526. BEA Systems was up 2.3% to 494.25. Pearson was up 2.3% to 793.5. Northern ...
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Nike (NKE) Runs Out Of Running Room

Posted: October 23, 2007 at 5:15 am

Nike (NKE) is buying soccer shoe company Umbro for $583 million. That may seen like a modest deal for the world's largest athletic apparel company, but it will have to ...
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Chrysler Gives The UAW An Extra Push

Posted: October 23, 2007 at 5:06 am

The UAW rank and file are turning down the Chrysler contract. Local by local they are voting against it.Chrysler needs an edge. so it got itself one. It promised to ...
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News Corp (NWS) Turns MySpace Into A Portal

Posted: October 23, 2007 at 4:58 am

News Corp (NWS) today announced a deal with online game company Oberon to provide online fun   which will "incorporate features into the MySpace games area that allows users to socialize ...
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Apple’s (AAPL) Next Quarter Will Be Its Hardest

Posted: October 23, 2007 at 4:40 am

Apple (AAPL) always beats earnings forecasts. In the last quarter, it hit revenue of $6.22 billion and had a profit of $1.01 a shares. It sold 10.2 million iPods, 1.1 ...
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Media Digest 10/23/2007 Reuters, WSJ, NYTimes, FT, Barrons’

Posted: October 23, 2007 at 3:12 am

According to Reuters, Apple's (AAPL) rose 67% in the last quarter/Reuters writes that the UAW has a secret deal with Chrysler to make certain products in the US in the ...
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