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Daily Archives: November 29, 2007

Will CEO Aylwin Lewis Be Fired At Sears (SHLD)?

Posted: November 29, 2007 at 7:35 am

There is no crying in baseball or whining in big business. Sears CEO Aylwin Lewis said, regarding the company's 99% drop in earnings in the last quarter: "We are very ...
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Southwest Air (LUV): Better Earnings Through Hedging

Posted: November 29, 2007 at 6:52 am

Herb Kelleher, the legendary CEO of Southwest Air (LUV), is retired now. He made his reputation as the best airline executive of the last 25 years by setting up a ...
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Europe Markets 11/29/2007

Posted: November 29, 2007 at 6:43 am

Markets in Europe were mixed at 6.40 AM New York time.The FTSE was off .2% to 6,294. Barclays (BCS) was down 4% to 532. BP (BP) was up 1.5% to ...
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Will Bank Of America (BAC) Buy Countrywide (CFC)

Posted: November 29, 2007 at 6:33 am

Bank of America (BAC) looks the fool. It put $2 billion into floundering mortgage company Countrywide (CFC), but the drop in the troubled company's shares have taken the value of ...
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Sears (SHLD) Profit Down 99%

Posted: November 29, 2007 at 6:20 am

Sears Holdings (SHLD) reported net income of $2 million, or $0.01 per diluted share, for the third quarter ended November 3, 2007, compared with net income of $196 million, or ...
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A 3G iPhone Will Rock Cell Industry Again

Posted: November 29, 2007 at 6:12 am

According to the head of AT&T (T), Apple (AAPL) will launch its 3G iPhone next year. If the current handset has one major Achilles Heel it is that, working on ...
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Oil Price Up 3.5% On US/Canada Pipeline Fire Show Risks Of Price Rise

Posted: November 29, 2007 at 5:48 am

Is a pipeline fire that might temporarily interrupt the flow of oil between Canada and the US worth a 3.5% rise in global oil prices? The market thinks so. Crude ...
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Citadel Saves E*Trade With Huge Investment

Posted: November 29, 2007 at 5:21 am

E*Trade (ETFC), the big discount broker, was in such bad shape that the market thought a firm like TD Ameritrade (AMTD) would walk in and get the firm for next ...
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Media Digest 11/29/2007 Reuters, WSJ, NYTimes, FT, Barron’s

Posted: November 29, 2007 at 4:18 am

According to Reuters, a fire closed most of the oil pipeline between the US and Canada.Reuters writes that the head of VW said the the Russian car market would eventually ...
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Asia Markets 11/29/2007

Posted: November 29, 2007 at 3:43 am

Markets in Asia were sharply higher.The Nikkei rose 2.4% to 15,514. Fujitsu rose 7.7% to 787. Mazdo rose 4% to 573. Docomo (DCM) rose 4.7% to 177000. Toyota (TM) rose ...
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