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Daily Archives: December 21, 2007

52-Week Low Club (CC, DBD, FIC, GTOP, IMB, MSSR, RECN, MU, RT, STI)

Posted: December 21, 2007 at 4:01 pm

Some of these recovered off lows but here are some of the more active stocks that hit 52-week lows today:Circuit City (NYSE: CC)... after posting wider losses and then forecasting ...
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Dell & Tesco European PC Retail (DELL)

Posted: December 21, 2007 at 10:33 am

Dell (NASDAQ:DELL) and Tesco have announced that Dell notebook and desktop computers will become avaliable in Tesco stores starting next month.Dell XPS and Inspiron products will be sold on the ...
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E*Trade Previews Turnaround Plans (ETFC, AMTD, SCHW)

Posted: December 21, 2007 at 9:51 am

E*TRADE (NASDAQ: ETFC) has announced an 'aggressive customer win-back campaign' as one component of its 'comprehensive' turnaround plan.   Since this is a preview, that comprehensive plan is more of a ...
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Investor Optimism Rising, Sort Of

Posted: December 21, 2007 at 9:35 am

Investor optimism gained slightly in December rising 6 points to a level of 50 according to the UBS/Gallup Index of Investor Optimism. Most surveys refer to this as "investor sentiment" ...
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Top 10 Pre-Market Analyst Calls (GTOP, HAS, MAT, ITRI, MVL, RIMM, RAD, SGP)

Posted: December 21, 2007 at 8:36 am

If analysts were cowboys they'd say, "It's getting pretty darn thin out there on the research front."  Here are the few analyst calls we are looking at today ahead of ...
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Circuit City Results & Comments Show Incompetence (CC, BBY)

Posted: December 21, 2007 at 8:14 am

Circuit City (NYSE: CC) has just posted its earnings, or at least its results.  The company posted a loss of $140 million from operations. Quarterly net sales decreased 3.1 percent ...
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Marsh & McLennan: Cherkasky Out! (MMC)

Posted: December 21, 2007 at 7:52 am

Marsh & McClennan (NYSE: MMC) has announced that its CEO Michael Cherkasky is out.  The board of directors is searching for a new CEO.  Over the last two weeks 247WallSt.com ...
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A Lesson From RIM (RIMM) And Oracle (ORCL)

Posted: December 21, 2007 at 5:50 am

Most people with a college education would guess that the near-spectacular results posted by Research In Motion (RIMM) and Oracle (ORCL) are a sign that the broad tech industry has ...
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US Private Equity On Sidelines As Singapore Goes For Merrill (MER)

Posted: December 21, 2007 at 5:25 am

Now that news has gotten around that Singapore's Temasek may put $5 billion into Merrill Lynch to offset fourth quarter write-downs, the cycle of sovereign funds investing in US financial ...
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Media Digest 12/21/2007 Reuters, WSJ, NYTimes, FT, Barron’s

Posted: December 21, 2007 at 4:38 am

According to Reuters  India's Tata is about to close a deal to buy Jaguar and Rover from Ford (F).Reuters writes that the IMF says that the subprime mortgage problem will ...
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Asia Markets 12/21/2007

Posted: December 21, 2007 at 4:17 am

Markets in Asia rose.The Nikkei was up 1,5% to 15,257.The Hang Seng rose 2.3% to 27,627.The Shanghai Composite rose 1.2% to 5,102.Douglas A. McIntyre ...
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