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Daily Archives: October 24, 2007

Merrill Lynch (MER) And Citigroup (C): Where Were The Boards?

Posted: October 24, 2007 at 6:37 pm

Back in the day when Merrill Lynch (MER) was minting money and the stock was at $98, it had made a run from $35 in early 2003. That was just ...
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Cramer Organic & Naturals Trend Stock (HAIN, UNFI, WFMI)

Posted: October 24, 2007 at 5:31 pm

On tonight's MAD MONEY, Jim Cramer wanted to discuss a stock in a great trend from microtrends.  The vegan children and organic going mainstream is a huge and growing market ...
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The 52-Week Low Club: Merrill Lynch (MER)

Posted: October 24, 2007 at 5:03 pm

AMBAC (ABK) Bond insurance company in a bad periiod for bonds.Earnings move to a loss. Drops to $49.05 from 52-week high of $96.01.Merrill Lynch (MER) Pitiful earnings. Drops to $61.40 ...
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Bank Of America (BAC) Trashes Its Investment Bank: Heads Roll

Posted: October 24, 2007 at 4:42 pm

According to The Wall Street Journal, Bank of America (BAC) will "pink slip" large numbers of people at its investment banking group. Gene Taylor, president of corporate and investment banking ...
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Align Technology Crooked Teeth (ALGN)

Posted: October 24, 2007 at 4:22 pm

Align Technology Inc. (NASDAQ:ALGN) is getting crushed in after-hours trading.  The company posted earnings and announced it was losing a key officer. Total revenues for the third quarter were $71.5 ...
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Heelys Still Warning & New Lows (HLYS)

Posted: October 24, 2007 at 4:00 pm

Heelys, Inc. (NASDAQ:HLYS) is being punished, again, in after-hours trading because of an earnings warning.  The Company currently expects net sales for the third quarter to be approximately $49 million ...
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Palm Becomes A Smaller Stock (PALM)

Posted: October 24, 2007 at 3:47 pm

Palm Inc. (NASDAQ:PALM) announced that its recapitalization plan with the private-equity firm Elevation Partners has closed. Elevation invested $325 million in Palm, and the company will utilize these proceeds along ...
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Microsoft (MSFT) Gets Facebook Deal, Pushes Out Google

Posted: October 24, 2007 at 3:39 pm

According to The Wall Street Journal, Microsoft (MSFT) agreed to invest $240 million for a minority stake in Facebook Inc. that values the social-networking site at $15 billion. As part ...
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Symantec (SYMC) Hammered On Poor Numbers

Posted: October 24, 2007 at 3:26 pm

Symantec (SYMC) was forecast to post a fiscal second-quarter earnings of 26 cents a share on revenue of $1.39 billionThe firm reported the results of its second quarter of fiscal ...
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A Modest Quarter For Amgen (AMGN)

Posted: October 24, 2007 at 3:18 pm

Wall St. expected Amgen (AMGN) to report a 1% decline in earnings to $1.03 a share on a 1% decline in revenue to $3.56 billion for the third quarter, according ...
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VMware Chugs Past Estimates, But No Guidance (VMW)

Posted: October 24, 2007 at 3:13 pm

VMware Inc. (NYSE:VMW) posted earnings of $0.23 non-GAAP and $0.18 EPS GAAP on revenues of $358 million.  First Call on last look was showing $0.17 EPS non-GAAP on $332.5 Million ...
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Akamai (AKAM) Report Beats Estimates (Update)

Posted: October 24, 2007 at 3:11 pm

Akamai (AKAM) was forecast to post earnings of 33 cents a share on $161 million in revenue for the third quarterRevenue for the third quarter 2007 was $161.2 million, a ...
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WellCare Shares Punished For FBI Raid (WCG)

Posted: October 24, 2007 at 1:30 pm

Shares of WellCare Health Plans, Inc. (NYSE:WCG) were trading down over an FBI raid at the company's Tampa, Florida headquarters. Unfortunately there aren't any details as to what it was ...
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Put A Facebook On Your BlackBerry (RIMM, GOOG, MSFT)

Posted: October 24, 2007 at 12:00 pm

Research In Motion (NASDAQ:RIMM) has launched Facebook® for BlackBerry® Smartphones.  This announcement came out of CTIA Wireless IT and Entertainment 2007.  This will allow BlackBerry software applications that enable fast, ...
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Level 3 Troubles Continue (LVLT)

Posted: October 24, 2007 at 10:39 am

A weak tech market being led by communications and communications infrastructure isn't helping a situation already gone bad, but Level 3 Communications (NASDAQ:LVLT) has gone from bad to worse after ...
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