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Daily Archives: November 12, 2007

Top 10 Pre-Market Analyst Calls (BHI, HAL, FNM, FRE, INTC, MAT, MSFT, ORCL, MIR, NOVL, FTO, TSO, VLO)

Posted: November 12, 2007 at 8:08 am

These are not the only impacting analyst calls in the land of upgrades & downgrades, but these are the top ten analyst calls 24/7 Wall St. is looking at today:Baker ...
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IBM Pays $5 Billion for Cognos (COGN)

Posted: November 12, 2007 at 7:44 am

IBM (IBM) said today that it was buying business intelligence company Cognos (COGN) for about $5 billion. The move takes IBM deeper into the software business and moves it away ...
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A CEO On Steroids For Citigroup (C)

Posted: November 12, 2007 at 7:16 am

The board at Citigroup (C) is telling CEO candidates that they want with the bank, short of burining it to the ground.A new chief can sell off units, almost at ...
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Virtual Iron CEO Calls VMware Dominance Bad For All In I.T. (VMW, EMC, CTXS, SAP, GS, MSFT, DELL, HPQ, IBM, INTC, AMD, SYMC, SUNW)… 24/7 Wall St. Exclusive

Posted: November 12, 2007 at 6:55 am

The CEO of Virtual Iron, Ed Walsh, spoke exclusively to 24/7 Wall St. partners in two separate interviews.  Virtual Iron is the virtualization company owned in part and backed by ...
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As Doctors Renew Interest In Stents, Boston Scientific (BSX) May Get A Break

Posted: November 12, 2007 at 6:45 am

Several studies which showed that stents could cause blood clotting in the heart have done significant damage to the revenue for those products at Boston Scientific (BSX) and Johnson & ...
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E*Trade (ETFC) to Go Bankrupt?

Posted: November 12, 2007 at 6:32 am

From Silicon Alley InsiderCiti analyst Prashant Bhatia thinks this is a distinct possibility.  Herb Greenberg summarizes:continued... ...
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Countrywide (CFC) Signals Trouble Ahead

Posted: November 12, 2007 at 6:30 am

Countrywide (CFC) has filed with the SEC that if its credit ratings are cut any further, its ability to raise money could be damaged. With the possibility of more write-downs ...
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Firing The Hershy (HSY) Board: A Waste Of Time

Posted: November 12, 2007 at 6:22 am

The trust that controls ownership of Hershey (HSY) forced six directors on the public company's board to leave. Another two independent directors decided to go with them. In  matter of ...
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The OPEC Extortion Play

Posted: November 12, 2007 at 6:12 am

OPEC wants the big oil consuming countries to promise not to spend too much money on alternative fuel development and nuclear energy. The oil producers are afraid that this would ...
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Would Google (GOOG) Buy Sprint (S)?

Posted: November 12, 2007 at 6:02 am

Barron's mentions a rumor from tech industry journal TMCNet. Google (GOOG) will buy Sprint (S). Sprint has a market cap of $46 billion, so it is possible.It would get Google ...
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Media Digest 11/12/2007 Reuters, WSJ, NYTimes, FT, Barron’s

Posted: November 12, 2007 at 4:24 am

According to Reuters, BHP Billiton (BHP) will not sell its petroleum division, as had been rumored, to finance a bid for Rio Tinto (RTP).Reuters writes that most of the Hershey ...
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Asia Markets 11/12/2007

Posted: November 12, 2007 at 3:49 am

Markets in Asia fell sharplyThe Nikkei fell 2.5% to 15,197. Honda (HMC) fell 3.7% to 3760. NTT (NTT) rose 1.2% to 500000. The Hang Seng fell 3.9% to 27,666. China ...
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