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Daily Archives: December 7, 2007

The 52-Week Low Club

Posted: December 7, 2007 at 4:06 pm

Smith & Wesson (SWHC) Particularly bad earnings report. Drops to $6.68 from 52-week high of $322.80.Macrovision (MVSN) Wall St. upset with takeover of Gemstar-TV Guide (GMST). Down to $18.60 from ...
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The Week of Stock Buybacks (DELL, KDE, IBM, ACL, WU, IAAC, HBIO, PMRY, EDGW, KNXA, TRF, MT, CLDN, HGRD, FUL, PNSN)

Posted: December 7, 2007 at 1:54 pm

This was an active week in share repurchases, and many key stocks announced new buyback plans or gave updates to their buyback plans.  Below are the key buybacks 247WallSt.com reviewed:Kenexa ...
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10 CEO’s That Need To Leave in 2008: James Tobin of Boston Scientific (BSX, BIIB, JNJ, ABT)

Posted: December 7, 2007 at 12:12 pm

James Tobin, the CEO of Boston Scientific (NYSE:BSX) is likely to find himself in front of the shareholder firing squad in 2008.  In early 2004 this stock was above $40 ...
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Would Nintendo Risk A Hail Mary Strategy To Meet Insatiable Wii Demand (NTDOY, SNE, MSFT) (7974.JP)

Posted: December 7, 2007 at 11:03 am

If there is one thing you still hear about as being immune from a weak consumer and from any Christmas spending concerns it is that Nintendo's Wii is in such ...
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Smith & Wesson (SWHC) Troubled As Crime Falls

Posted: December 7, 2007 at 10:31 am

Smith & Wesson (SWHC) shareholders are having an awful day. The stock is off 28% to $7.10 and hit a 52-week low of $6.68. The period high is $22.80.Part of ...
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Macrovision (MVSN) Crushed On Gemstar-TV Guide (GMST)

Posted: December 7, 2007 at 10:13 am

Macrovision (MSVN) says that it will raise $800 million as part of the financing for its buy-out of Gemstar-TV Guide (GMST). The market does not seem to like the debt ...
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National Semi, Some Ammo For Bulls & Bears Alike (NSM)

Posted: December 7, 2007 at 9:14 am

National Semiconductor (NYSE: NSM) posted revenue of $499 million versus consensus $498.4 million and reported $0.33 EPS versus consensus of $0.31.  The problem is that the February quarter end was ...
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Top 10 Pre-Market Analyst Calls (AXP, COF, DFS, ATVI, HANS, JCP, LEN, MFE, SWHC, TGT, YGE)

Posted: December 7, 2007 at 8:13 am

These aren't the only analyst calls we are watching, but these are the top ten that 247wallst.com is reviewing:Activision (NASDAQ: ATVI) raised to Buy from Neutral at Piper Jaffray.Hansen Natural ...
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Macrovision (MSVN) Buys Gemstar-TV Guide (GMST)

Posted: December 7, 2007 at 6:56 am

Macrovision (MSVN) is buying Gemstar-TV Guide (GMST) for $2.8 billion. The price is a 29% premium over the 10-day price average of GMST.Douglas A. McIntyre ...
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Europe Markets 12/7/2007

Posted: December 7, 2007 at 6:17 am

Markets in Europe moved higher at 6.15 AM New York time.The FTSE is up .9% to 8,542. Rio Tinto (RTP) was up 1.4% to 5660. Vodafone (VOD) was down .7% ...
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Big Three Cut Production Of Most Profitable Products

Posted: December 7, 2007 at 6:08 am

It is no secret that Detroit makes its biggest money on SUVs and pick-ups. That is a huge problem. The US companies are launching smaller cars as fast as they ...
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JP Morgan (JPM) Chief Predicts Bank Mergers

Posted: December 7, 2007 at 5:58 am

Jamie Dimon, head of JP Morgan (JPM), predicts that there will be a large number of bank mergers, especially in the US and Germany. Dimon may be right. It makes ...
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Short Interest For NYSE, November 30: Big Bets Against Financials, Tech

Posted: December 7, 2007 at 4:31 am

The November 30 short interest of NYSE traded stocks shows that the market is predicting a further drop in financial and tech stocks. The numbers compare to November 15, 2007. ...
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Media Digest 12/6/2007 Reuters, WSJ, NYTimes, FT, Barron’s

Posted: December 7, 2007 at 4:10 am

According to Reuters, the former head of UnitedHealth gave up $400 million in stock options to settle chages with the SEC and the company.Reuters writes that the head of Rio ...
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Asia Markets 12/7/2007

Posted: December 7, 2007 at 3:47 am

Markets in Asia were mixed.The Nikkei rose .5% to 15,956. Kobe Steel rose 3.7% to 364. Pioneer rose 4.6% to 1122. Sony (SNE) fell 1.5% to 5910. The Hang Seng ...
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