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Daily Archives: December 5, 2007

New York Times Outlines Cost Structures & Cuts (NYT)

Posted: December 5, 2007 at 9:13 am

The New York Times Company (NYSE: NYT) has provided some updated guidance for the fourth quarter of 2007 and is providing its initial outlook for 2008.Janet L. Robinson, president and ...
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Is US Economy Still Strong?

Posted: December 5, 2007 at 8:46 am

Two pieces of information out today would indicate that the overall US economy is not being hurt by the housing and fuel cost problems.According to Bloomberg, ADP says that companies ...
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Lexicon New Alzheimer’s Disease Trial Dosing (LXRX)

Posted: December 5, 2007 at 8:42 am

Lexicon Pharmaceuticals, Inc. (Nasdaq: LXRX) has announced that dosing has commenced in its Phase IIa clinical trial with LX6171.  This is an oral drug candidate that is implied for the ...
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Yahoo! (YHOO) Starting Online Competition For CNBC And Fox Business

Posted: December 5, 2007 at 8:35 am

Word is that Yahoo! (YHOO) Finance will begin an online business show which will compete with cable channels CNBC and Fox Business. According to TechCruch the show, to be called ...
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Pre-Market Stock News (December 5, 2007)

Posted: December 5, 2007 at 8:34 am

This not all of the big stock news in pre-market trading on Tuesday evening, but these are some of the ones that 247WallSt.com is focusing on.Adolor (NASDAQ:ADLR) in pain treatment ...
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Top 10 Analyst Calls (APOL, COCO, CMCSA, FNM, FRE, HUGH, INTC, NTRS, PZN, CSR, UTX)

Posted: December 5, 2007 at 8:18 am

Below are some of the key impact analyst calls from 247WallSt.com:Apollo Group (APOL) and Corinthian Colleges (COCO) started as Buy at B of A.Comcast (CMCSA) downgraded to Neutral at Goldman ...
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Europe Markets 12/5/2007

Posted: December 5, 2007 at 7:08 am

Markets in Europe were up modestly at 7 AM New York time.The FTSE rose 1.3% to 6,397. BT (BT) is up 1.7% to 291.25. Rio Tinto (RTP) is up 1.7% ...
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A Sovereign Fund For The US Government?

Posted: December 5, 2007 at 6:34 am

The Dubai International Capital fund has $15 billion to invest. Temasek Holdings, Singapore's state-owned investment company, just put $2 billion into a new investment vehicle in China. According to the ...
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Debt Rating Companies Worry About Auto Industy, Again

Posted: December 5, 2007 at 6:10 am

The new cost cuts at GM (GM) and Ford (F) are not going to help them with their debt service. Cash flow will be hurt by a combination of lower ...
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Oil Moves Back Up As OPEC Dawdles

Posted: December 5, 2007 at 5:55 am

OPEC appears to be ready to do nothing. It probably will not raise oil production despite pleas from Western countries and China to do so. The argument is that oil ...
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Citigroup (C) Goes Begging For CEO

Posted: December 5, 2007 at 5:43 am

According to the FT, the board at Citigroup (C) tried to get Josef Ackermann, the head man at DeutscheBank (DB) to come to the US bank as CEO. He said ...
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Blackstone (BX): Just An Ordinary Company

Posted: December 5, 2007 at 5:34 am

A booming market in widgets makes most widget company management look good. It turns out to be the same with private equity. The people who run Blackstone (BX) looked like ...
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Media Digest 12/5/2007 Reuters, WSJ, NYTimes, FT, Barron’s

Posted: December 5, 2007 at 4:15 am

According to Reuters, OPEC will probably keep oil output at current levels.Reuters writes that a goverment plan to help sub-prime borrowers will probably freeze their rates for five years. Reuters ...
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Asia Markets 12/5/2007

Posted: December 5, 2007 at 3:44 am

Asia markets moved higher. The Nikkei rose .8% to 15,609. Casio rose 5% to 1393. NTT (NTT) rose 2.1% to 527000. The Hang Seng rose 1.6% to 29,345. China Petroleum ...
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