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Daily Archives: December 11, 2007

Goldman Sachs Pours Starbucks Down The Drain (SBUX)

Posted: December 11, 2007 at 7:13 am

Starbucks (NASDAQ:SBUX) is being downgraded from a BUY rating down to a NEUTRAL rating at Goldman Sachs this morning.  Starbucks has now underperformed its peers since being a buy at ...
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GE (GE): The Agony Of Being Average

Posted: December 11, 2007 at 6:57 am

GE (GE) shares had a real rally this year. They hit a multi-year high in late October. The big company was firing on most cylinders, and earnings for the rest ...
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The Fed Gets Ready To Push The Dow To 15,000

Posted: December 11, 2007 at 6:47 am

Over that last six months, the Dow is up 3%. But, it has been a "no stock market growth" kind of period. GDP was fairly strong, but any strength in ...
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ChinaEdu Prices IPO (CEDU)

Posted: December 11, 2007 at 6:42 am

ChinaEdu Corporation (NASDAQ: CEDU) priced its 6.82 million ADR IPO at $10.00 per share, which is actually at the lower-end of its $10.00 to $12.00 range.  Bear Stearns acted as ...
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Sony (SNE): US Consumer Electronics Are Doing Fine

Posted: December 11, 2007 at 6:23 am

Consumers in the US cannot afford cars and houses, at least not based on current economic information.A look at the McDonald's (MCD) numbers show that people can still buy hamburgers ...
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Toyota (TM) Gets Better At Saving Money

Posted: December 11, 2007 at 6:14 am

Part of what was supposed to happen in Detroit this year was that the new UAW contract was going to lower costs for the Big Three. This would bring their ...
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China Inflation Rate Hits 7%

Posted: December 11, 2007 at 6:04 am

Based on November numbers provided by the Chinese government, annual inflation is running at 6.9% and the cost of food is rising at 18%. The banking system in the big ...
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Media Digest 12/11/2007 Reuters, WSJ, NYTimes, FT, Barron’s

Posted: December 11, 2007 at 4:48 am

According to Reuters, the Fed is set to cut rates today.Reuters writes that inflation in China hit an 11 year high at almost 7% in November.Reuters reports that global deals ...
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Asia Markets 12/11/2007

Posted: December 11, 2007 at 4:28 am

Markets in Asia were higher.The Nikkei moved up .8% to 16.945. Sony (SNE) was up 2.6% to 6230The Hang Seng rose 2.5% to 29,227. China Mobile (CHL) was up 3.5% ...
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