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Daily Archives: October 24, 2007

Earnings May Help Tribune (TRB) LBO

Posted: October 24, 2007 at 9:47 am

The Tribune Company (TRB) reported earnings, and anyone who thought they would bolster the case for Sam Zell taking the company private might have had a positive surprise.Net income attributable ...
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Corning Breaks From Reality Versus Expectations (GLW)

Posted: October 24, 2007 at 9:01 am

Corning Inc. (NYSE:GLW) is feeling the wrath of a sloppy earnings report today.  The earnings report for the quarter was fin as it posted $0.38 EPS on a 9.5% revenue ...
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Electronics for Imaging (EFII) Shares Down Over 20%

Posted: October 24, 2007 at 8:45 am

Digital printing operation Electronics for Imaging (EFII) posted third-quarter results below analysts' expectations on lower margins at its inkjet business.For the quarter ended September 30, 2007, the EFII reported revenues ...
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Anadigic (ANAD) Down Over 20%

Posted: October 24, 2007 at 8:36 am

Anadigic (ANAD) reported a third-quarter profit that missed its own forecast, hurt by manufacturing inefficiencies from the rapid build up of production capacity, according to Reuters. The shares are off ...
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Transmeta’s New Right To Life From Intel (TMTA, INTC)

Posted: October 24, 2007 at 8:00 am

Transmeta Corp. (NASDAQ:TMTA) is seeing shares gap up exponentially after the announcement that it has reached an agreement with Intel (NASDAQ:INTC) to settle all legal claims between the companies and ...
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Pre-Market Earnings Summaries (October 24, 2007)

Posted: October 24, 2007 at 7:48 am

(ABI) Applied Bio $0.32 EPS vs $0.31 est.(ABK) AMBAC $1.78 EPS vs $1.87 est.(ACAT) Arctic Cat$0.76 EPS vs $0.56 estimates; but sees $0.30-0.37 EPS next quarter versus $0.46 est.(AEP) American ...
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NCI Contract Win “Along With” Google by USSTRATCOM (NCIT, GOOG)

Posted: October 24, 2007 at 7:14 am

NCI Inc. (NASDAQ:NCIT) has been awarded two technology demonstration task orders from the United States Strategic Command to develop cutting-edge search and geospatial visualization capability for key federal customers. The ...
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Pre-Market Analyst Calls (October 24, 2007)

Posted: October 24, 2007 at 6:55 am

AMGN raised to Outperform at Credit Suisse.BIIB cut to Neutral at HSBC.BBI cut to Neutral at JPMorgan.BRCM cut to Hold at Deutsche Bank; cut to Market Perform at Wachovia.BNI cut ...
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Boeing (BA) Does Nicely

Posted: October 24, 2007 at 6:49 am

Boeing (BA) announced third-quarter net earnings increased to $1.1 billion, or $1.44 per share, from $694 million, or $0.89 per share, in the same period last yearThird-quarter revenues increased 12 ...
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Merrill Lynch (MER) Train Wreck

Posted: October 24, 2007 at 6:44 am

Merrill Lynch (MER) reported a net loss from continuing operations for the third quarter of $2.3 billion, or $2.85 per diluted share, significantly below net earnings of $2.22 per diluted ...
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A Microsoft (MSFT) Christmas

Posted: October 24, 2007 at 6:00 am

Christmas may come early to Microsoft (MSFT) investors.Just a year ago, it was hard to imagine that the world's largest software company would ever have an earnings engine beyond its ...
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Verizon’s (VZ) Cable Killer

Posted: October 24, 2007 at 5:50 am

Mario Gabelli and other investors do not want to let Cablevision's (CVC) founding family to take the company private at their current offer price of about $34. The investors think ...
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Yahoo! Admits Mistakes, Promises To Do Better

Posted: October 24, 2007 at 5:43 am

Yahoo! (YHOO) management is now admitting that it was slow to react to changes on the internet and in the online ad market. And, it wants to fundamentally change the ...
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Buffett Disrepects Chinese Share Prices

Posted: October 24, 2007 at 5:31 am

According to Reuters:" Berkshire Hathaway (BRK) Inc's Warren Buffett said on Wednesday he is scouring the world for big businesses, but is doubtful about finding a good buy in China ...
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Europe Markets 10/24/2007

Posted: October 24, 2007 at 5:28 am

Markets in Europe were mixed at 6.25 AM New York time.The FTSE was up .3% to 6,534. Barclays (BCS) was up 1.3% to 596. Prudential (PUK) was up 1.5% to ...
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