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Daily Archives: December 28, 2007

52-Week Low Club (December 28, 2007)

Posted: December 28, 2007 at 3:01 pm

Some of these stocks hit 52-week lows and recovered off of lows so they won't have a low close.  But these did all touch or breach the 52-week lows.  At ...
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Macy’s: Growth Through Closures.. Expect Others To Follow (M, KSS, SHLD, TJX, JCP)

Posted: December 28, 2007 at 2:12 pm

In a slowing retail environment, Macy's (NYSE: M) has decided it's time to close some stores.  This may not sound like a great 'growth strategy' for a retailer, but some ...
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Shaw Group’s SEC Inquiry Ends (SGR)

Posted: December 28, 2007 at 8:59 am

The Shaw Group Inc. (NYSE: SGR) has just announced that it has received notification from the Securities and Exchange Commission that the SEC's Division of Enforcement has completed its informal ...
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2008 Tech Kickoff: Macworld Versus Consumer Electronics Show, CES (MSFT, AAPL, INTC, MCZ, S)

Posted: December 28, 2007 at 8:48 am

January is always an interesting month for gadget lovers, techies, programmers, computer geeks, gamers, and more.  The year is always kicked off with the biggest event of the year as ...
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Technology CEO’s Who Need to Go in 2008 (ALU, AMD, BBND, CC, SYMC)

Posted: December 28, 2007 at 8:01 am

2007 has been a volatile year in the stock market, but there are many key technology CEO's who just aren't making a passing grade. 247WallSt.com has issued a brief list ...
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Citigroup (C) May Have To Sell Smith Barney

Posted: December 28, 2007 at 6:37 am

The market was full of talk yesterday about Goldman Sachs predictions that Citigroup (C) might have to write-off another $18.7 billion in CDOs in the fourth quarter. Word was that ...
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Turnarounds That Haven’t Turned Around: Tyco International (TYC, TEL, COV)

Posted: December 28, 2007 at 6:29 am

Tyco International Ltd. (NYSE: TYC) is a hard turnaround to call as one that hasn't turned around because it has already begun its long-term initiatives to enhance shareholder values.  The ...
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The Case For $150 Oil

Posted: December 28, 2007 at 6:19 am

The killing of Benazir Bhutto and a drop in oil supplies in the US moved oil above $96 overnight. Trouble between the Kurds and Turks contributed as well. But, none ...
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10 More Stocks That Could Double In 2008

Posted: December 28, 2007 at 6:01 am

It takes a lot for an active stock of an already established company to see the price of its shares double.  In fact, it usually means that a company has ...
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Wal-Mart (WMT) Goes Back To Selling Shirts Online

Posted: December 28, 2007 at 6:00 am

According to several media reports, Wal-Mart (WMT) has shut its movie download business. It blames the fact that Hewlett-Packard (HPQ) is discontinuing the technology platform which makes the service work. ...
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Media Digest 12/28/2007 Reuters, WSJ, NYTimes, FT, Barron’s

Posted: December 28, 2007 at 4:57 am

According to Reuters, Merrill Lynch (MER) plans to lay-off 1,600 people.Reuters writes that US durable goods numbers were worse than expected for November.Reuters writes that Wal-Mart (WMT) will end its ...
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Asia Markets 12/28/2007

Posted: December 28, 2007 at 4:37 am

Markets in Asia fell.The Nikkei was off 1.7% to 15,308.The Hang Seng fell 1.7% to 27,371. China Petroleum (SNP) was off 3.8% to 11.70. Bank of East Asia was up ...
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