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Daily Archives: December 17, 2007

National Oilwell Varco Growing Via Grant Prideco Buyout (NOV, GRP)

Posted: December 17, 2007 at 8:41 am

National Oilwell Varco, Inc. (NYSE:NOV) and Grant Prideco, Inc. (NYSE:GRP) have announced today that they have entered into a definitive merger agreement where National Oilwell Varco will acquire all of ...
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Pre-Market Stock News (December 17, 2007)

Posted: December 17, 2007 at 8:29 am

Below is a highlight of the top pre-market news affecting individual stocks:Acacia Research (ACTG) entered into a retroactive license agreement with Polo Ralph Lauren.Amtech Systems (ASYS) announced receipt of $8.9 ...
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Top 10 Pre-Market Analyst Calls (ABK, AEO, KR, OWW, PCLN, SD, SBUX, TSO, BAC, CFC, JPM, WB, WFC, COF, USB)

Posted: December 17, 2007 at 8:04 am

These are not the only analyst calls moving stocks today in pre-market trading, but these are the top calls that 247WallSt.com is reviewing this morning:AMBAC Financial (ABK) raised to Outperform ...
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The Case Against A Recession

Posted: December 17, 2007 at 6:57 am

Most of the data lining up now say that a recession has either begun or will early in 2008. Alan Greenspan thinks the economy may be headed for stagflation. The ...
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Europe Markets 12/17/2007

Posted: December 17, 2007 at 6:37 am

Markets in Europe were down at 6.30 AMThe FTSE was down 1.2% to 6,319. BHP Billiton (BHP) was off 2.6% to 1505. Vodafone (VOD) was off 1% to 181.4.The DAXX ...
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Tech: Made In America With The Jobs Overseas

Posted: December 17, 2007 at 6:28 am

Most manufacturing has gone out of the US. TVs, cars, steel.What is left? Boeing (BA) and a service and technology economy. Companies like McDonald's (MCD) can't export cooking hamburgers and ...
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How About Some Stagflation? Killing The Economy The Old Fashioned Way

Posted: December 17, 2007 at 6:08 am

"Stagflation" is a strange word. It sounds like a description of a bad bachelor party. Yet, it may be returning to the US economy with a vengeance. If corporate earnings ...
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Retail Sales Begin To Fall Off (SHLD)(WMT)(TGT)

Posted: December 17, 2007 at 5:55 am

"Black Friday" was just a bad joke. Retail sales were good that day, but after a big pop, it has been downhill. Holiday spending dropped after that, and, in certain ...
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Media Digest 12/17/2007 Reuters, WSJ, NYTimes, FT, Barron’s

Posted: December 17, 2007 at 4:21 am

According to Reuters, the pace of holiday spending dropped off in late November and early December.Reuters writes that Ingersoll-Rand (IR) is buying Trane (TT) for $10.1 billion.Reuters writes that chip ...
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Asia Markets 12/17/2007

Posted: December 17, 2007 at 3:51 am

Markets in Asia fell.The Nikkei was off 1.7% to 15,259. NEC (NIPNY) was down 3.5% to 504. Softbank was down 3.8% to 2,285.The Hang Seng fell 3.5% to 26,596. China ...
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