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Daily Archives: November 5, 2007

GooglePhone Revenue Ests: $2B-$5B in Year 2/3, OpCo

Posted: November 5, 2007 at 8:51 am

From Silicon Alley InsiderIt's GooglePhone day (everyone says), and Oppenheimer analyst Sandeep Aggarwal takes the opportunity to roll out some Google Mobile revenue estimates: continued... ...
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Biotech Implosion: Novacea (NOVC, SGP)

Posted: November 5, 2007 at 8:29 am

Novacea, Inc. (NASDAQ:NOVC) has ended its Phase III ASCENT-2 clinical trial of Asentar(TM) (DN-101).  Unfortunately this is Novacea's lead investigational cancer therapy for the treatment of patients with androgen-independent prostate ...
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Pre-Market Stock News (November 5, 2007)

Posted: November 5, 2007 at 8:08 am

(ABT) Abbott's investigational SIMCOR offers similar LDL lowering to simvastatin and significantly raises HDL and lowers triglycerides in Phase III studies.(AVGN) Avigen's AV411 shows promising initial results for neuropathic pain ...
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Pre-Market Analyst Calls (November 5, 2007)

Posted: November 5, 2007 at 7:46 am

ACA cut to Underperform at Credit Suisse.ACW raised to Neutral at UBS.AMSC started as Buy at Jefferies.ATPG cut to Underperform at RBC.BSC cut to Equal Weight at Lehman.BSY cut to ...
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News Corp (NWS): Social Networks Try To Grow Up

Posted: November 5, 2007 at 6:16 am

News Corp's (NWS) is launching a way for advertisers to target users at its huge social network, MySpace. The marketer's knock against the site has been that users cannot be ...
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Europe Markets 11/5/2007

Posted: November 5, 2007 at 6:02 am

Markets in Europe were down at 6 AM New York time.The FTSE fell 1% to 6,463. Barclays (BCS) was off 4.2% to 515. BHP Billiton (BHP) was down 3.9% to ...
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Boston Scientific (BSX): Saving Itself Through Auctioning Off Pieces

Posted: November 5, 2007 at 5:54 am

Boston Scientific (BSX) did it shareholders a terrible disservice buy buying Guidant in a bidding war with Johnson & Johnson. It now has long-term debt of almost $8.3 billion. Troubles ...
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Kraft (KFT) Buckles To Peltz Pressure

Posted: November 5, 2007 at 5:41 am

Kraft (KFT) is in the late stages of a deal to sell its Post cereal division to private label cereal company Ralcorp for $2.8 billion. The unit was considered a ...
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Media Digest 11/5/2007 Reuters, WSJ, NYTimes, FT, Barron’s

Posted: November 5, 2007 at 3:58 am

According to Reuters, Chuck Prince stepped down at CEO of Citigroup (C) and the bank indicated it may have to write off as much as another $11 billion.Reuters writes that ...
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Asia Markets 11/5/2007 Hang Seng Down 5%

Posted: November 5, 2007 at 3:37 am

Shares in Asia fell sharply.The Nikkei fell 1.5% to 16,269. Honda (HMC) rose 1.4% to 4270. KDDI fell 2.8% to 799000. Softbank fell 5.1% to 2675. Yahoo Japan fell 5.6% ...
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