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Daily Archives: November 16, 2007

TD Ameritrade (AMTD) Eying E*Trade (ETFC) Buy-Out?

Posted: November 16, 2007 at 7:29 pm

The head of TD Ameritrade (AMTD) today indicated that his firm might have an interest in buying troubled discount broker E*Trade. AMTD might get quite a deal  "We like their ...
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IPOs For Merrill (MER) And Citi (C) Brokerage Units?

Posted: November 16, 2007 at 7:19 pm

The FT is reporting that Merrill Lynch (MER) and Citigroup (C) are looking at partial IPOs of the retail brokerage units. According to the newspaper "brokerage businesses trade on much ...
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Starbucks 2008 Valuation: $18, $22, or $26 (SBUX, PEET, MCD, CBOU, THI)

Posted: November 16, 2007 at 4:55 pm

We wanted to run some up and down scenarios for Starbucks now that the noise from the research calls have gotten out of the way and now that the post-earnings ...
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Level 3 (LVLT) Mystery Rally

Posted: November 16, 2007 at 4:28 pm

Shares in Level 3 (NASDAQ:LVLT) soared today starting at about 2 PM. Shares ended up 13% to $3.19 on almost 66 million shares.News came out earlier in the week that ...
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The 52-Week Low Club

Posted: November 16, 2007 at 4:19 pm

Quebecor (IQW) Printing company announces refinancing and get downgrades. Falls to $3.03 from $14.79 high. Virgin Mobile Usa (VM) Wider loss that expected. Falls to $8.07 from 52-week high of ...
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Big Lots Stock Uglier Than Its Stores (BIG, TUES, WMT)

Posted: November 16, 2007 at 1:33 pm

Shares of discount retailer Big Lots (NYSE:BIG) are seeing shares get hit pretty hard in a crummy discretionary spending environment.  The 2.1% drop to $19.98 is under the $20.21 52-week ...
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Pardus Capital Management To Take Delta (DAL) Merger To Shareholders

Posted: November 16, 2007 at 11:26 am

Pardus Capital Management, which has taken a position in Delta (DAL), is going to push a merger with United (UAUA) by taking the proposal to other shareholders. Odd as it ...
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FedEx Comes Clean, and Punishes Transports (FDX, UPS, YRCW)

Posted: November 16, 2007 at 9:31 am

FedEx Corp. (NYSE:FDX) is seeing shares trade lower today on an earnings warning.  Rapidly rising oil prices and a slowing economy with lower shipping volumes are unable to be entirely ...
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Garmin Ltd. Secures Its Future (GRMN, NVT, NOK)

Posted: November 16, 2007 at 9:20 am

Garmin Ltd. (NASDAQ:GRMN) decided to take the steps that insure its future is secure.  The personal navigation device maker has signed a 6-year extension to the agreement with NAVTEQ (NYSE:NVT) ...
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Oil Prices Rise Again As OPEC Refuse Help

Posted: November 16, 2007 at 8:41 am

Oil is back above $94 on the New York Mercantile Exchange. The market is assuming that gas consumption will stay strong on holida travel and that a cold winter will ...
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John Chambers Almost Taking Cisco Systems Private (CSCO)

Posted: November 16, 2007 at 8:31 am

Cisco Systems (NASDAQ:CSCO) is seeing a pop in pre-market trading.  The network and data communications equipment giant announced that at its board of directors meeting, the board authorized up to ...
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Goldman (GS) Puts Recession Odds Very High

Posted: November 16, 2007 at 8:25 am

Losses related to record U.S. home foreclosures using a ``back-of-the-envelope'' calculation may be as high as $400 billion for financial companies, Jan Hatzius, chief economist at Goldman (GS) in New ...
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Top 10 Pre-Market Analyst Calls (AVTI, GME, THQI, BRCM, CLWR, EK, EXPE, HPQ, PWR, TGT, WFMI)

Posted: November 16, 2007 at 8:04 am

These are not the only analyst calls moving stocks today, but these are the top calls that 24/7 Wall St. is focusing on:Activision (ATVI), GameStop (GME) and THQ Inc. (THQI) ...
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AMD (AMD), In Need Of More Cash, Sells Shares To Abu Dhabi’s Mubadala Development

Posted: November 16, 2007 at 7:32 am

AMD (AMD) needs more money. It appears that it got about $700 million from Abu Dhabi's Mubadala Development, accordiing to Reuters. The country that controls the fund is one of ...
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Gannett’s (GCI) USA Today Cuts Edit Staff As Newspaper Stocks Hit Lows

Posted: November 16, 2007 at 6:44 am

Gannett (GCI) is the largest newspaper chain in the US and its prized property, USA Today, is the largest paper by total circulation. It is a bad sign then that ...
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