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Daily Archives: November 20, 2007

Salvation For Cable? GOP Hates FCC Plan

Posted: November 20, 2007 at 6:44 am

It looked like the FCC was going to have cable companies for dinner. The commission was talking about forcing cable systems to open channels to small networks, and perhaps planning ...
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Europe Markets 11/20/2007

Posted: November 20, 2007 at 6:27 am

Markets in Europe were higher at 6.25 AM New York time.The FTSE rose .5% to 6,152. Barclays (BCS) was up 3.5% to 508.5. Nothern Rock was down 25.6% to 77.5. ...
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McClatchy (MNI) Bleeding To Death

Posted: November 20, 2007 at 6:17 am

McClatchy (MNI), the large newspaper chain, reported dismal results for the month of Octobers. The company reported both consolidated advertising and total revenues in October 2007 decreased 9.9%..Classified advertising fell ...
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Goldman’s (GS) Alpha Fund May Have Huge Loss For Year

Posted: November 20, 2007 at 6:06 am

According to Bloomberg "Goldman Sachs Group Inc.'s (GS) Global Alpha hedge fund may lose about $6 billion in assets this year, a 60 percent decline, because of trades that went ...
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How Hewlett-Packard (HPQ) Saved The World

Posted: November 20, 2007 at 6:01 am

Hewlett-Packard (HPQ) earnings always hit the quarterly cycle late. Its fiscal puts it a month behind most companies, so it gets a chance to run the anchor leg of the ...
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Why Is Sears (SHLD) Messing With Restoration Hardware?

Posted: November 20, 2007 at 5:41 am

Sears Holdings (SHLD) appears to be making a play to buy specialty retailer Restoration Hardware. (RSTO). Catterton Partners has already agreed to pay $6.70 for the company. But, when work ...
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Media Digest 11/20/2007 Reuters, WSJ, NYTimes, FT, Barron’s

Posted: November 20, 2007 at 4:16 am

According to Reuters, Goldman Sachs (GS) issued a report saying the housing sector had much further to fall and that some financial institutions would have to raise money to stay ...
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Asia Markets 11/20/2007

Posted: November 20, 2007 at 3:50 am

Markets in Asia moved higherThe Nikkei rose 1.1% to 15,212. Daiwa Securities rose 3.6% to 1010. NTT (NTT) fell 2.2% to 50000. The Hang Seng was up 1.1% to 27,771. ...
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