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Monthly Archives: November 2007

Wall St.’s Message To Dell (DELL): Stop Restructuring

Posted: November 30, 2007 at 6:42 am

Dell's (DELL) earnings seemed OK. Revenue was up 9% to $15.6 billion. EPS rose 26% to $0.34. With a restructuring charge backed out, that was what Wall St. expected.US sales ...
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Europe Markets 11/30/2007

Posted: November 30, 2007 at 6:26 am

Markets in Europe are modestly higher at 6.20 AM New York time.The FTSE is up .7% to 6,391. Barclays (BCS) is up 2.6% to 554. Man Group is up 4.4% ...
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As Google (GOOG) Bids For Wireless Spectrum, Will Used Car Business Be Next Target?

Posted: November 30, 2007 at 6:17 am

The Wall Street Journal is reporting what everyone already assumed. Google (GOOG) will announce that it will bid for wireless spectrum in the upcoming FCC auction in January. The financial ...
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Goldman’s (GS) China Partner Starts Some Competition

Posted: November 30, 2007 at 6:06 am

Ah, China. A place where your best friend can compete with you on a day's notice. Especially if you are not a card carrying member of the communist party.Goldman Sachs ...
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Freeze Mortgage Rates For Millionaires

Posted: November 30, 2007 at 5:59 am

The federal government and several large mortgage lenders have a plan to freeze loan rates for certain subprime borrowers. The Wall Street Journal writes that 'The Bush administration and major ...
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Media Digest 11/30/2007 Reuters, WSJ, NYTimes, FT, Barron’s

Posted: November 30, 2007 at 4:21 am

According to Reuters, Fed chief Bernanke said the resurgence in financial strains in recent weeks had dimmed the outlook for the U.S. economy.Reuters writes that Dell's (DELL) profit rose but ...
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Asia Markets 11/30/2007

Posted: November 30, 2007 at 3:38 am

Asia markets were mixed.The Nikkei was up 1.1% to 15,681. NTT (NTT) rose 2.6% to 505000. Yahoo Japan fell 2.7% to 53300.The Hang Seng moved up .6% to 28,644. China ...
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Bad News For Boston Scientific (BSX) As Abbott (ABT) Moves Closer To Stent Approval

Posted: November 29, 2007 at 6:47 pm

Abbot Labs (ABT) is trying to get into the stent business. The market has been dominated by Boston Scientific (BSX) and Johnson & Johnson (JNJ). Stents are small mess implants ...
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Another Blow For Qualcomm (QCOM): Verizon Picks An Alternate

Posted: November 29, 2007 at 6:30 pm

Verizon Wireless, a joint venture between Verizon (VZ) and Vodafone (VOD), announced that it would use so called Long Term Evolution for its 4G networks. The move is a huge ...
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The 52-Week Low Club (SHLD)

Posted: November 29, 2007 at 5:21 pm

Cato Corp (CTR) Drop in Q3 numbers and poor guidance for Q4. Falls to $14.45 from 52-week high of $25.66.Mens Wearhouse (MW) Emperor has no cloths. Bad earnings. Drops to ...
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Sprint (S) Does Not Needs Its Old Management Back

Posted: November 29, 2007 at 4:58 pm

Word from The Wall Street Journal is that the former Chairman of Sprint (S) would like to come back to the company as CEO. Tim Donahue, who had been CEO ...
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Dell (DELL) Gets Killed, Falls 7.5% After Hours

Posted: November 29, 2007 at 4:20 pm

First Call has estimates at $0.35 EPS and  $15.34 Billion in revenues for Dell's (DELL) last quarter. For the January 2008 quarter Wall St. is expecting numbers to be $0.38 ...
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Wall St. Thinks Level 3 (LVLT) Is Worth $4.50

Posted: November 29, 2007 at 12:37 pm

Level 3 (LVLT), the big communications company, had a tough quarter. It debt is still high. And, investors are getting angry.LVLT share trade at $3.37, down from a 52-week high ...
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Memo To Journal Register (JRC) CEO James W. Hall: Sell The Company Assets ASAP

Posted: November 29, 2007 at 10:30 am

The writing is on the wall now. Journal Register (JRC) is almost certainly worth less than its debt and market cap combined. The company's debt stands at $642 million as ...
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Freddie Mac Moves Into Value Investor Circle (FRE, FNM)

Posted: November 29, 2007 at 9:29 am

We won't rehash the credit malaise that has punished shares of Freddie Mac (NYSE:FRE) and Fannie Mae (NYSE:FNM).  You've already seen it, heard it, felt it, and maybe lost money ...
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