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Daily Archives: October 29, 2007

WellCare Analyst Hopes….. Either Genius Or Just Crazy (WCG)

Posted: October 29, 2007 at 8:20 am

Shares of WellCare Health Plans (NYSE:WCG) are up marginally in pre-market trading Monday.Jefferies & Co. issued a report that, despite the FBI raids, the company probably won't lose its Medicare ...
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UAW Deal Done, GM (GM) Looks To China

Posted: October 29, 2007 at 8:17 am

Now that GM (GM) has its UAW deal in hand, it is hinting that getting its North American business back in shape still may take several years. "It has a ...
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Humana’s Earnings Surge Continues (HUM)

Posted: October 29, 2007 at 8:07 am

Humana is seeing shares up at new year highs in pre-market trading this morning.  The health insurer posted $1.53 EPS versus the $1.48 estimate on revenues of $6.32 Billion versus ...
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Pre-Market Stock News (October 29, 2007)

Posted: October 29, 2007 at 7:27 am

(ALJ) Alon USA lowered guidance.(ARLP) Alliance Resource $0.83 EPS vs $0.78 est.(ARXT) Adams Respiratory received FDA Approvable Letter for Mucinex With Codeine; expects FY08 net sales and EPS to be ...
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Verizon FiOS Adds To Boost Returns (VZ)

Posted: October 29, 2007 at 7:09 am

Verizon (NYSE:VZ) $0.63 EPS vs $0.62 estimates; Revenue rose to $23.77 Billion versus $23.67 Billion estimates.WIRELESS ADDS: 1.8 million net wireless adds (1.6 million after reductions in wholesale customers); 1.21% ...
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Goldman Sachs Conviction Buy List: Add Dell, Remove H-P (DELL, HPQ)

Posted: October 29, 2007 at 6:53 am

This morning Goldman Sachs is making a key change to its PC uinverse coverage.  Dell (NASDAQ:DELL) is being added to the Conviction Buy List, and rival Hewlett-Packard (NYSE:HPQ) is being ...
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Pre-Market Analyst Calls (October 29, 2007)

Posted: October 29, 2007 at 6:36 am

AET cut to Neutral at Merrill Lynch.ARMHY started as Buy at Jefferies.BHI Cut to Mkt Perform at FBR.DCM raised to Hold at Citigroup.DELL raised to Conviction Buy List at Goldman ...
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Gap’s (GPS) PR Problem

Posted: October 29, 2007 at 5:24 am

One of Gap's (GPS) factories in India is employing children as young as 10 years-old. According to MarketWatch, "In a statement released later Sunday, Gap said it was only informed ...
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Alibaba Prices High, Aids Yahoo! (YHOO)

Posted: October 29, 2007 at 5:17 am

Alibaba.com Ltd. raised US$1.5 billion in the biggest ever initial public offering by a Chinese Internet company according to The Wall Street Journal. The IPO price translates to a multiple ...
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Europe Markets 10/29/2007

Posted: October 29, 2007 at 5:14 am

Markets in Europe were higher at 6.10 AM New York time.The FTSE rose .6% to 6,701. BHP Billiton (BHP) rose 2.1% to 1881. Northern Rock fell 2.8% to 185.3 Rio ...
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Another Big Blow To Cable Companies

Posted: October 29, 2007 at 4:59 am

Most cable company stocks are already trading at 52-week lows. Last week, Comcast (CMCSA) reported earnings and subscriber growth that were below Wall St. expectations. And AT&T (T) came out ...
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Nintendo Plans To Add More Stuff To The Wii And DS

Posted: October 29, 2007 at 4:45 am

Nintendo, which makes the DS portable videogame device and Wii console, said it hoped to start by unveiling new features for the DS next year that would be more practical ...
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Oracle (ORCL) Drops BEA Systems (BEAS) Bid

Posted: October 29, 2007 at 4:40 am

Oracle (ORCL) dropped its $17-a-share bid for BEA Systems (BEAS) when a deadling set by the larger company passed. "BEA shareholders should not assume that Oracle will renew its $17 ...
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GE’s (GE) Overseas Dreams

Posted: October 29, 2007 at 4:37 am

GE (GE) management has a theory. With its business growing at 15% to 20% in large countries like China and India, a slowdown in the US economy may barely dent ...
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Media Digest 10/29/2007 Reuters, WSJ, NYTimes, FT, Barron’s

Posted: October 29, 2007 at 3:14 am

According to Reuters, Oracle (ORCL) has withdrawn its bid for BEA Systems (BEAS).Reuters writes that profits at Toahiba rose 38%. Reuters reports that Chrysler workers have approved the UAW contract ...
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