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Daily Archives: December 27, 2007

52-Week Low Club (AAI, ANN, AM, BIG, BJRI, CHS, CC, LIZ, M, OMX, MSO, RL, HOT, WM, WEN, ZLC)

Posted: December 27, 2007 at 4:01 pm

Today's list of 52-week lows was still dominated by retail and consumer spending stocks, although a surprise surge from several key semiconductor names made today's list.  Some of these did ...
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Fed Rate Reductions Most Of Next Year?

Posted: December 27, 2007 at 3:33 pm

According to Bloomberg the Federal Reserve will reduce interest rates at every policy setting meeting ``for the next two to three quarters,'' Pacific Investment Management Co.'s Paul McCulley said in ...
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Key Chip & Semiconductor Stocks Hit 52-Week Lows (MRVL, MU, SNDK, STM)

Posted: December 27, 2007 at 1:13 pm

It was a bit surprising today to see some of the names that were on the 52-week low list that were chip stocks.  So far AMD has managed to escape ...
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Boeing (BA) Picks Up An Order From British Air

Posted: December 27, 2007 at 12:21 pm

The end of the year has turned out well for Boeing (BA). British Airways has put in an order for twenty-four 787 Dreamliners. The face value of the order is ...
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Financial Market Reactions On Bhutto Assassination (INP, IFN, IIF, MINDX, IBN, TTM)

Posted: December 27, 2007 at 12:08 pm

It is unfortunate to have to analyze tragic international or domestic terrorism news from a financial angle on horrible news such as the murder of a foreign leader or a ...
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Are Netflix & Blockbuster Watching Apple’s Video Deal? (NFLX, AAPL, BBI)

Posted: December 27, 2007 at 7:59 am

We've all heard by now that Apple (NASDAQ:AAPL) is in a deal with News Corp's (NYSE: NWS) Fox for a movie rental download deal.  Apple is Since Apple TV is ...
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Goldman Sachs Raises Potash (POT)

Posted: December 27, 2007 at 7:47 am

Goldman Sachs is upgrading its prior Neutral rating on Potash Corp. (NYSE: POT) to a new BUY rating.  It is also calling for a 29% stock upside from here with ...
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SPAC IPO FILING: Grand Slam Acquisition Corp. (APP, VRY, TCW)

Posted: December 27, 2007 at 7:30 am

Grand Slam Acquisition Corp. is a SPAC (special purpose acquisition company) that has filed to come public via an IPO.  But this is larger than most SPAC IPO's with a ...
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China’s Car Market Gets Tougher

Posted: December 27, 2007 at 7:14 am

The Chinese are clearly getting tired of having their automotive markets dominated by joint ventures which benefit foreign companies like GM (GM) and VW. That may make it much harder ...
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MRV Communications & Source Photonics Finally Live Up To Promises (MRVC)

Posted: December 27, 2007 at 7:12 am

MRV Communications, Inc. (NASDAQ:MRVC) is finally living up to its promise.  The company is making good on its promise to spin Source Photonics, which used to be Luminent, via an ...
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Europe Markets 12/27/2007

Posted: December 27, 2007 at 7:09 am

Markets in Europe were up modestly at 7.05 AM New York time.The FTSE rose .2% to 6,494. Barclays (BCS) fell 1.7% to 508. RBS (RBS) rose 1.3% to 448.5.The DAXX ...
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Oil Moves Back Toward $100

Posted: December 27, 2007 at 7:02 am

In a sign that the eco-system that determines oil prices is more fragile with each passing month, oil is back to $96 a share.The conflict between the Turks and Kurds ...
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Apple (AAPL) At $200: The Madness Of Crowds

Posted: December 27, 2007 at 6:50 am

This holiday, the press is replete with stories of sales of Macs on the Amazon (AMZN) website and the transcendent experience of shopping at an Apple store. Perhaps all of ...
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Citigroup (C) As A Growth Stock

Posted: December 27, 2007 at 6:28 am

Analysts at Goldman Sachs think Citigroup (C) will have to cut its dividend 40%. Their expectation is that the big bank "may write off $18.7 billion in collateralized debt obligations" ...
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Apple’s (AAPL) Deal With Fox, A Waste Of Time

Posted: December 27, 2007 at 6:14 am

Apple (AAPL) has signed a deal with News Corp's (NWS) to rent Fox studio movies on iTunes. Apple looks at it as something of a break-through. iTunes subscribers have been ...
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