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Daily Archives: November 15, 2007

China Looks To US To Keep Its Economy Hot

Posted: November 15, 2007 at 7:09 pm

Perhaps Americans thought they would never hear it, but the Chinese have admitted that US consumption is one of the critical engines of the Asian country's 10% annual GDP growth ...
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More Evidence of Corporate Credit Crunch Continuing (TLI)

Posted: November 15, 2007 at 5:31 pm

LMP Corporate Loan Fund Inc., (NYSE:TLI) is a closed-end fund that makes money off corporate loans participation.  If you think the credit fallout isn't weighing in on corporations, the news ...
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Autodesk Shareholders Wanted More (ADSK)

Posted: November 15, 2007 at 4:55 pm

AutoDesk (NASDAQ:ADSK) has posted non-GAAP EPS of $0.49 on revenues of $538 million, while First Call estimates were $0.47 EPS and $536.14 million in revenues. Here is guidance:Q4-2008 (Jan-2008 end): ...
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The 52-Week Low Club

Posted: November 15, 2007 at 4:38 pm

Novastar Finl Inc (NFI) Poor earnings and possible delisting. Drops to $1.72 from 52-week high of $127.20.Standard Pacific  (SPF) Home builder. Down to $3.66 from 52-week high of $30.52.Fannie Mae ...
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Intuit Holds Its Own, Despite Losses (INTU)

Posted: November 15, 2007 at 4:29 pm

Intuit Inc. (NASDAQ:INTU) has posted revenues of $444.9 million, which is up 27% from the year ago quarter.  Its non-GAAP loss was -$0.10 EPS.  First Call had estimates at -$0.12 ...
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Starbucks (SBUX) Gets Creamed

Posted: November 15, 2007 at 4:13 pm

Starbucks (SBUX) was down over 2% much of the day, but rallied into the close. Analysts expected quarterly revenue to come in at $2.42 billion and EPS to run $.21. ...
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TheStreet.com Takes On An Investor (TSCM)

Posted: November 15, 2007 at 4:12 pm

TheStreet.com, Inc. (NASDAQ: TSCM) has announced that Technology Crossover Ventures has agreed to purchase a minority stake in TheStreet.com for some $55 million.  The investment is to support the Company’s ...
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GlaxoSmithKline (GSK) Take More Heat

Posted: November 15, 2007 at 3:04 pm

Now that the FDA has forced GlaxoSmithKline (GSK) to put a "black label" on its diabetes drug Avandia, the competition is going for a coup de grace. Takeda Pharmaceutical Co ...
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More Bad News On SIVs

Posted: November 15, 2007 at 2:07 pm

Bloomberg writes: "The net asset value of structured investment vehicles, companies that borrow short term to buy higher yielding securities, has fallen to 69.7 percent as the credit slump erodes ...
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If Banks Are Good For Warren Buffett, Are They Good For You? (WFC, USB, BAC, KMX, UNH, WLP, BNI, BRK-A)

Posted: November 15, 2007 at 1:19 pm

Last night came the filing from Berkshire Hathaway (NYSE:BRK-A) showing its public company stock holdings as of September 30, 2007.  Berkshire's four largest holdings in the report are American Express ...
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Stocks Under $10: Ford (F)

Posted: November 15, 2007 at 10:44 am

For everything that has happened at Ford (F) over the last three months, Wall St. should expect some movement in the shares. But, they are flat. Barely a penny of ...
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Largest Van der Moolen Specialist Stocks II (VDM, LAB, HUM, MBI, IP, MT, PFE, PHM, SAP, HOT, SYK, TXT, UA, WEN)

Posted: November 15, 2007 at 9:47 am

We have already noted the Van der Moolen (NYSE:VDM) exit of all NYSE Specialist activities and we've already covered some of the other key stocks where Van der Moolen acts ...
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Largest Van der Moolen Specialist Stocks (VDM, ANF, APA, CAG, DDS, DIS, HOG, HTZ, HPQ)

Posted: November 15, 2007 at 9:35 am

We have already noted the Van der Moolen (NYSE:VDM) exit of all NYSE Specialist activities.  What we wanted to look at is the underling stocks companies where Van der Moolen ...
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Van der Moolen Bites The Dust As NYSE Specialist (VDM, NYX)

Posted: November 15, 2007 at 9:10 am

Van der Moolen (NYSE:VDM) posted another loss today, but we don't even care about the results after looking at the real news.  Van der Moolen is terminating its operation as ...
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A Product Delay For AMD (AMD)?

Posted: November 15, 2007 at 9:05 am

Galleon Group, which 24/7 Wall St. pointed out bought shares in AMD (AMD), may already regret that move.Bloomberg writes "Advanced Micro Devices Inc., the world's second-largest maker of computer processors, ...
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