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Daily Archives: December 4, 2007

Goldman Sachs Casts Doubts On XM & SIRIUS, Merger or No Merger (SIRI, XMSR)

Posted: December 4, 2007 at 9:06 am

XM Satellite Radio (NASDAQ:XMSR) shares are reeling from a Goldman Sachs downgraded this morning.  Goldman Sachs downgraded its Neutral rating down to a new SELL rating with a 26% downside ...
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Finally, 10 Billion Cheers for Dell (DELL)

Posted: December 4, 2007 at 8:44 am

Shares of Dell Inc. (NASDAQ:DELL) are trading up in pre-market trading on the company's announcement that it is FINALLY able to resume its share buyback plan.  Dell announced that it ...
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Pre-Market Stock News (December 4, 2007)

Posted: December 4, 2007 at 8:35 am

Below are the news items affecting individual stocks in pre-market trading:America's Car-Mart Inc. (CRMT) indicated up over 13% after beating earnings estimates.Deere (DE) trades ex-split to reflect a 2-1 stock ...
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Lehman Swipes Up Van der Moolen Specialist Ops (LEH, VDM)

Posted: December 4, 2007 at 8:30 am

The fate of at least one of the exiting specialists has been sealed.  Van der Moolen Holding NV (NYSE: VDM) has reached agreement to sell certain assets of its US ...
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Top 10 Pre-Market Analyst Calls (ATVI, ALTH, BHI, BSC, GS, LEH, COO, CEPH, MRVL, TIF, PAY, XMSR)

Posted: December 4, 2007 at 8:09 am

These are not the only impact-calls affecting stocks from analysts in pre-market trading, but these are the ones that 24/7 Wall St. is focusing on:Activision (ATVI) raised to Overweight at ...
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Medarex Spreads Its Wings (MEDX, BMY)

Posted: December 4, 2007 at 7:44 am

Medarex, Inc. (Nasdaq: MEDX) this morning has announced the allowance of two separate investigational new drug applications filed with the FDA for MDX-1342: one for the treatment of chronic lymphocytic ...
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If OPEC is Idle, Oil Goes Back Above $100

Posted: December 4, 2007 at 7:03 am

Oil prices have come down toward $90 over the last two weeks. There is some indication that US supply is better than thought. There are rumors that OPEC will increase ...
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Merging GM (GM) And Ford (F)

Posted: December 4, 2007 at 6:47 am

Going back to 1962, GM (GM) sold half of all the cars bought in America. By 1981, it had only dropped to 45%. In 1999, the Big Three still had ...
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Europe Markets 12/4/2007

Posted: December 4, 2007 at 6:20 am

Markets in Europe were down at 6.15 AM New York time.The FTSE fell 1% to 6,324. Barclays (BCS) was off 3.6% to 541. Northern Rock was down 3.9% to 104.8. ...
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A China’s Chery Begins To Export Cars, Auto Companies Face New Competition

Posted: December 4, 2007 at 6:12 am

Ford (F) and GM (GM) said they would cut back production for 2008. Demand is just not there due to higher fuel prices and a slow economy. But, that is ...
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A Chinese Bid For Rio Tinto (RTP)

Posted: December 4, 2007 at 5:57 am

Rio Tinto (RTP) has rejected advances from larger rival BHP Billiton (BHP). It claims that BHP's offer is too low, and, because it is in stock, it carries too much ...
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Nokia (NOK) Forecast, A Killer For Motorola (MOT)

Posted: December 4, 2007 at 5:42 am

Nokia (NOK) issued its annual forecast. Much of it could be predicted. Smartphone sales will be up. Margins will be OK at about 16%. But, total handset sales will rise ...
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Media Digest 12/4/2007 Reuters, WSJ, NYTimes, FT, Barron’s

Posted: December 4, 2007 at 4:11 am

According to Reuters, the Henry Paulson said that a plan would be ready this week to spare some homeowners from mortgage resets.Reuters writes that November auto sales were weak with ...
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Asia Markets 12/4/2007

Posted: December 4, 2007 at 3:37 am

Markets in Asia were mixedThe Nikkei fell 1% to 15,480. Casio fell 4.5% to 1327. NTT (NTT) rose 3.2% to 516000. Sony (SNE) fell 2% to 5840.The Hang Seng rose ...
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