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Daily Archives: December 4, 2007

Covad Drops Again, Yet Merger Supposedly Still On (DVW)

Posted: December 4, 2007 at 7:29 pm

Covad Communications Group Inc. (AMEX:DVW) fell almost 5% today to aprice of $0.79 on double the normal trading volume.  But shares fellalmost 10% on Monday to $0.83, on normal volume.Back ...
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Comcast (CMCSA) Slashes Projections

Posted: December 4, 2007 at 6:35 pm

Cable companies are taking a beating, and Comcast (CMCSA) has cut some of it guidance, which will make matters worse. The firm said that reflecting an increasingly challenging economic and ...
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Abbott (ABT) Stent Slowdown, Bad For Johnson & Johnson (JNJ) And Boston Scientific (BSX)

Posted: December 4, 2007 at 6:28 pm

Abbott Labs (ABT) which just launched a new stent product, Xience V, has laid off 1,200 people because of slowness in the stent market. Stranger than fiction. According to MarketWatch, ...
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Sohu (SOHU) Raises Guidance, Shares Rocket

Posted: December 4, 2007 at 5:19 pm

Sohu (SOHU) is raising its guidance for the fourth quarter of 2007 for total revenue, which is now expected to be between US$55.5 million and US$57.5 million, an increase of ...
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Fannie Mae Liquidity Answer: Cut Dividend & Sell Securities (FNM, FRE)

Posted: December 4, 2007 at 5:11 pm

It's no secret that Fannie Mae (NYSE:FNM) has been in trouble, and this afternoon we just found out some more of what we have been expecting.  The troubled GSC is ...
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The 52-Week Low Club

Posted: December 4, 2007 at 4:27 pm

W Holding (WHI) Listing issues. Recently came out of SEC investigation. Drops to $.75 from 52-week high of $6.70.Phillips-Van Heusen (PVH) Weak earning outlook. Down to $36.65 from 52-week high ...
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Junk Bond ETF Launch: SPDR Lehman High Yield Bond ETF (JNK)

Posted: December 4, 2007 at 4:11 pm

The American Stock Exchange launched trading in a new ETF today as the SPDR Lehman High Yield Bond ETF (Amex: JNK) by State Street Global Advisors. JNK uses a passive ...
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Amazon.com’s Kindle Only Available For Scalpers (AMZM, EBAY, SNE)

Posted: December 4, 2007 at 2:57 pm

We were quite interested in Amazon.com's (NASDAQ:AMZN) upcoming product release for the new e-book reader, the Kindle.  Interestingly enough it almost immediately sold out of its initial supply and gave ...
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Yu-Gi-Oh Starts Buying 4Kids Stock (KDE, SCHL)

Posted: December 4, 2007 at 2:22 pm

4Kids Entertainment, Inc. (NYSE: KDE) must have gotten tired of seeing its stock hitting new near-term lows in its stock prices.  The entertainment company which has the US rights to ...
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Apple (AAPL) iPhone Starts Getting Business Software

Posted: December 4, 2007 at 1:28 pm

SAP (SAP) is launching sales force automation products that will work on the Apple (AAPL) iPhone. As much as any initiative so far this begins to move the handset away ...
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IPO Filing: Gushan Environmental, Biodeiesel & In China (GU)

Posted: December 4, 2007 at 12:47 pm

After yesterday's close, there was quite an interesting IPO filing with the buzz that may ring in many ears: enter Gushan Environmental Energy Limited..... Gushan Environmental is biodiesel player for ...
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AMD “Chip-Level Problems” in Quad-Core Processors? (AMD, INTC)

Posted: December 4, 2007 at 10:11 am

Advanced Micro Devices (NYSE:AMD) is gracing us on the new list of 52-week lows this morning, and we have featured this one negatively in the 24/7 Wall St. "10 Stocks ...
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Another 52-Week Low For AMD (AMD)

Posted: December 4, 2007 at 9:50 am

AMD (AMD) is making another 52-week low today, trading down to $9.44. Concerns that Dell (DELL) may not be committed to using as many of the company's chips as they ...
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MarketWatch Bringing More New Features (DJ, NWS)

Posted: December 4, 2007 at 9:35 am

If you regularly use MarketWatch, you've probably noticed some additional offerings and additional features of late.  If you haven't noticed you probably will soon.  MarketWatch has added "First Take" for ...
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Merck (MRK) Estimates Miss Street

Posted: December 4, 2007 at 9:32 am

Merck (MRK) is not going to do as well as Wall St. had hoped next year. It guided to $3.28 to $3.38 earnings per share. A Reuters poll puts the ...
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