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Daily Archives: December 24, 2007

Apple (AAPL) Hits All-Time High Ahead Of Holiday

Posted: December 24, 2007 at 1:37 pm

Only good news for Apple (AAPL). At least that is how Wall St. looks at the holiday prospects for the maker of Macs, iPods, and iPhones. Apple's shares hit $199.33, ...
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Merrill Lynch Financing Deemed as Too Large of Discount (MER, GE)

Posted: December 24, 2007 at 11:36 am

Merrill Lynch (NYSE: MER) raised some $6.2 Billion today, or at least up to that amount, and that is not inclusive of the unit sale to General Electric (NYSE:GE).  The ...
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Och-Ziff Analyst Quiet Period Ends (OZM)

Posted: December 24, 2007 at 9:46 am

Hedge find manager Och-Ziff Capital Management Group LLC (NYSE:OZM) has had an interesting post-IPO trading.  It priced at $32.00, but units in the hedge fund manager have traded as  far ...
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Thai Elections, Thai Funds (TTF, TF)

Posted: December 24, 2007 at 8:40 am

When your own markets are quiet ahead of a Christmas holiday, it's frequent that investors turn to look at news in overseas markets for impacting events.  This weekend there was ...
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MTC Technologies White Christmas Buyout (MTCT)

Posted: December 24, 2007 at 7:38 am

This morning, MTC Technologies, Inc. (NASDAQ: MTCT) has confirmed its buyout news from late Friday night where MTC Technologies, Inc. (NASDAQ: MTCT) has signed a definitive merger agreement to be ...
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Is Search Engine Traffic Starting To Decline? (GOOG)(YHOO)(MSFT)

Posted: December 24, 2007 at 7:35 am

comScore data from November showed that total online searches done in the US declined 4.7% compared to October. The figure fell to just over 10 billion. With one fewer day ...
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Merrill Lynch Sells Most of Commercial Finance Unit (MER, GE)

Posted: December 24, 2007 at 7:21 am

General Electric (NYSE: GE) is acquiring most of Merrill Lynch Capital, which is the unit of Merrill Lynch (NYSE: MER) wholly-owned middle-market commercial finance business.  Unfortunately the financial terms are ...
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Amazon (AMZN) Sales Show Apple (AAPL) And Hewlett-Packard (HPQ) Doing Well

Posted: December 24, 2007 at 7:01 am

A look at the top-selling PCs on Amazon (AMZN) shows that Hewlett-Packard (HPQ) and Apple (AAPL) are doing unusually well. The HP Pavillion line is doing especially well, as are ...
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Europe Markets 12/24/2007

Posted: December 24, 2007 at 6:45 am

Markets in Europe were higher at 6.40 AM New York time.The FTSE rose .4% to 6,462. Barclays (BCS) was up 2.8% to 518.5. RBS (RBS) was up 2.3% to 445.50. ...
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Apple (AAPL) iPhone Give Carriers Hope For New Dollars

Posted: December 24, 2007 at 6:37 am

Cell carriers like AT&T (T) and Vodafone (VOD) have run into the problem that their home markets are becoming saturated. By many estimates, there are over 250 million cellphones in ...
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Deepest Retail Discounters Draw Most Traffic

Posted: December 24, 2007 at 6:19 am

It makes all of the sense in the world. The stores offering the best discounts are getting most of the traffic this holiday season. But, that may be a mixed ...
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As Credit Card Defaults Soar, New Danger For Banks

Posted: December 24, 2007 at 6:13 am

The mortgage-backed financial instruments that have gone such a long way to hurt brokerages like Merrill Lynch (MER) and banks like Citigourp (C) may be just the start of a ...
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UK Likely To Be More Aggressive Than Fed On Rate Cuts

Posted: December 24, 2007 at 5:58 am

While it is unclear that the Fed will cut rates more next year, it appears that the Bank of England may make as many as four cuts. Perhaps the UK ...
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NYSE Short Interest For Mid-December, Financial Stocks Up

Posted: December 24, 2007 at 5:23 am

For the December 14 period, short interest in financial stocks sky-rocketed compared to figures on November 30. Shares sold short in Citigroup (C) grew 20 million to 104.9 million. Shares ...
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Media Digest 12/24/2007 Reuters, WSJ, NYTimes, FT, Barron’s

Posted: December 24, 2007 at 5:10 am

According to Reuters, retailers offering the sharpest discounts got the lion's share of this year's holiday customers. CostCo (COST)  and Wal-Mart (WMT) made the list.The Wall Street Journal writes that ...
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