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Daily Archives: December 10, 2007

A JP Morgan (JPM) Takeover Of Citigroup (C)?

Posted: December 10, 2007 at 6:44 pm

Well, some one with a pen and paper thinks that Citigroup (C) may be taken over. According to FT blog site Alpahville, JP Morgan (JPM) may be just the folks ...
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Cramer’s Blue Cross Blue Shield Play (GTS)

Posted: December 10, 2007 at 6:13 pm

On tonight's MAD MONEY on CNBC, Jim Cramer said he wanted to review a recent IPO which is a great spot that didn't perform well.  Triple-S Management (NYSE: GTS) is ...
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Medarex Stubs Its Toe (MEDX, BMY, DNDN)

Posted: December 10, 2007 at 4:57 pm

Medarex inc. (NASDAQ: MEDX) is seeing shares slapped in after-hours trading after the company is issuing disappointing news over the hopes for its Ipilimumab Pivotal Trials in patients with Advanced ...
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Slash And Burn At Washington Mutual (WM)

Posted: December 10, 2007 at 4:45 pm

Washington Mutual (WM) has announced that it will cut its dividend, stop lending to the subprime market, and raise $2.5 billion through a preferred stock offering. The market took that ...
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Texas Instruments Sweetens Its Tune (TXN, SMH)

Posted: December 10, 2007 at 4:39 pm

It appears that the weakness being seen in many of the mobile handset makers isn't really hurting Texas Instruments (NYSE: TXN).  The company gave its mid-quarter update and narrowed its ...
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10 CEO’s That Need To Leave in 2008: Gary Pruitt of McClatchy (MNI)

Posted: December 10, 2007 at 4:31 pm

It is no secret that the newspaper industry is in trouble and it might not be fair to only single out one individual CEO out of the whole industry.  But ...
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The 52-Week Low Club

Posted: December 10, 2007 at 4:05 pm

Force Protection (FRPT) Concerns about whether the company's latest product will ever come to market. Recent IPO falls to $7.48 from $9.99. Spartan Motors (SPAR) No major news. Falls to ...
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What To Expect From Classmates IPO (UNTD, MSFT, NWS, CLAS)

Posted: December 10, 2007 at 2:50 pm

This week we expect the pricing of the Calssmates.com (NASDAQ:CLAS) parent Classmates Media Corp. IPO and partial spin-off from United Online (NASDAQ:UNTD).  We have noted recently and before that this ...
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ETN/ETF Launch: Tracking Closed-End Funds (GCE)

Posted: December 10, 2007 at 2:22 pm

NYSE Euronext has launched an unusual ETN.  The Claymore CEF Index-Linked GS ConnectSM ETN (NYSE: GCE) began trading on the NYSE today.  This is not a typical ETF (or actually ...
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ETF Launch: Vanguard Extended Duration Treasury ETF (EDV)

Posted: December 10, 2007 at 2:11 pm

The American Stock Exchange has launched trading in the Vanguard Extended Duration Treasury ETF (Amex: EDV). The "EDV" ETF is designed to track the performance of the Lehman Brothers Treasury ...
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Lazard’s Sell & $25 Target on LDK Solar (LDK, WFR)

Posted: December 10, 2007 at 2:02 pm

Lazard Capital Markets has maintained its sell rating on LDK Solar Co. (NYSE: LDK) despite a 22% rise in the stock today.  LDK signed a 10-year "take or pay" contract ...
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No Good News For CNET (CNET) Investors

Posted: December 10, 2007 at 12:55 pm

According to recent numbers from comScore, CNET's (CNET) News.com website has been losing audience. Unique visitors in August were 2.478 million. In October, that number fell to 2.045 million. Pageviews ...
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Celgene Proves Riskier Than Imagined (CELG)

Posted: December 10, 2007 at 11:52 am

Celgene Corp. (NASDAQ:CELG) is seeing the price of its shares crushed today after trial results were shown on Sunday at the 49th annual American Society of Hematology (ASH) Meeting of ...
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MBIA Raises Cash & Bolsters Books

Posted: December 10, 2007 at 11:28 am

MBIA Inc. (NYSE: MBI) has entered into a definitive agreement with global private equity firm Warburg Pincus to invest up to $1 billion in MBIA through a direct purchase of ...
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Starbucks (SBUX) May Have Bottomed

Posted: December 10, 2007 at 11:16 am

Normally, when McDonald's (MCD) comes out with strong same-store sales and attributes some of its success to revenue from premium coffee, shares in Starbucks (SBUX) sell off.MCD did just that, ...
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