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Daily Archives: November 13, 2007

Zecco Secures Additional $25 Million in Financing

Posted: November 13, 2007 at 9:59 am

Zecco Holdings (zecco.com) announced this morning that it has secured an additional $25 million in new funding from a number of current and new investors, bringing the total capital raised ...
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LIN TV Heads For YouTube (TVL, GOOG)

Posted: November 13, 2007 at 9:43 am

LIN TV Corp. (NYSE:TVL) has announced the launch of its own dedicated LIN TV Channels on YouTube, giving Google (NASDAQ:GOOG) another hosted "Old Media" feather in its cap. This partnership ...
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SPAC IPO Filing: iStar Acquisition Corp.; iStar Going Hedge Fund (SFI)

Posted: November 13, 2007 at 8:41 am

iStar Acquisition Corp. appears to be the latest special purpose acquisition company filing for an IPO.  The company has registered to sell 57.5 million units at the traditional $10.00 per ...
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Oracle Joins the VMware Fight, Sort Of (VMW, ORCL, RHT, QSFT)

Posted: November 13, 2007 at 8:26 am

Oracle Corp (NASDAQ:ORCL) made its "virtualization push" public yesterday at its Oracle OpenWorld, which is seeing some mixed reaction on the day after.  The enterprise software giant has not had ...
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CNBC Says Merrill (MER) Will Cut 25% Of Fixed Income Staff

Posted: November 13, 2007 at 8:01 am

CNBC is reporting that Merrill Lynch (MER) may cut 25% of its fixed income staff. Total employees in equity operations should not end up being cut.Douglas A. McIntyre ...
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Top 10 Pre-Market Analyst Calls (ADSK, BRKS, CVC, LNG, ITG, SNN, TTEK, TSN, YHOO, AUY)

Posted: November 13, 2007 at 7:55 am

These are not the only analyst calls out there this morning, but these are the top ten that 24/7 Wall St. is looking at this morning.AutoDesk (ADSK) raised to Buy ...
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Microsoft (MSFT) To Triple Ad Spending On New Zune

Posted: November 13, 2007 at 7:18 am

Microsoft (MSFT) things the first version of it Zune player, meant to compete with the Apple (AAPL) iPod, was under-marketed. According to The New York Post "while the updated Zune ...
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Yahoo! (YHOO) Improves Mobile Lead In Asia

Posted: November 13, 2007 at 7:07 am

Yahoo! (YHOO) is cutting deals to improve its mobile foot-print is Asia. Wireless is one of the few areas where the company might beat rival Google (GOOG).The Silicon Valley-based Internet ...
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Wal-Mart (WMT) Earnings Driven By International

Posted: November 13, 2007 at 6:58 am

Wal-Mart (WMT) reported its sales and earnings for the quarter ended Oct. 31, 2007. Net sales for the third quarter of fiscal year 2008 were approximately $90.9 billion, an increase ...
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Home Depot (HD) Earnings Slide

Posted: November 13, 2007 at 6:15 am

Home Depot (HD) reported fiscal 2007 third quarter consolidated net earnings of $1.1 billion, or $0.60 per diluted share, compared with $1.5 billion, or $0.73 per diluted share, in the ...
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Wal-Mart (WMT) Gives Workers A Break, May Burden Shareholders

Posted: November 13, 2007 at 6:10 am

Wal-Mart (WMT) is giving its workers better healthcare benefits. According to The New York Times "Wal-Mart, the nation’s largest private employer, provides insurance to 100,000 more workers than it did ...
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Europe Markets 11/13/2007

Posted: November 13, 2007 at 6:01 am

Markets in Europe were off slightly at 6 AM New York time.The FTSE fell .3% to 6,321. Barclays (BCS) was up 2.5% to 526. BP (BP) was off 1.9% to ...
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Murdoch Say Wall Street Journal Will Go “FREE”

Posted: November 13, 2007 at 5:53 am

Rupert Murdoch, head of News Corp (NWS) told Reuters that the tough economy is not hurting his company in the current quarter. Good news for his shareholders.But, the most important ...
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A Ten Year Storm In Home Prices

Posted: November 13, 2007 at 5:42 am

Robert Shiller, is a Yale University economist and co-developer of Standard and Poor's S&P/Case-Shiller Home Price Indices, a highly regarded measurement of the housing market. He believes that home prices ...
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OPEC Tells West To Kiss Off, Raise Recession Risk

Posted: November 13, 2007 at 5:31 am

There will be no lower oil price in consumer stockings for Christmas. In an interview with the Financial Times, Ali Naimi, the Saudi oil minister, said “there will be absolutely ...
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