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Monthly Archives: December 2007

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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Is Sallie Mae’s $2.5 Billion Raise Enough? (SLM)

Posted: December 27, 2007 at 6:04 am

SLM Corp. (NYSE: SLM), or Sallie Mae, was perhaps the worst merger-arb implosion in recent times. Late yesterday the announced that it is commencing a common stock and convertible preferred ...
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Nasdaq Short Interest Mid-December (LVLT)(SIRI)(INTC)(CSCO)

Posted: December 27, 2007 at 5:08 am

Based on figures for short interest in Nasdaq stocks at mid-December, traders increased their bets against a number of discount brokerage and technical stocks. The numbers compare figures on December ...
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Media Digest 12/27/2007

Posted: December 27, 2007 at 4:50 am

According to Reuters, housing prices had a record annual drop.Reuters writes that Sallie Mae (SLM) will raise $2.5 billion using stock and convertible notes. Reuters writes that Joseph Lewis has ...
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Asia Markets 12/27/2007

Posted: December 27, 2007 at 4:27 am

Markets in Asia were mixed.The Nikkei fell .6% to 15,567. NEC (NIPNY) rose 3% to 518. Yahoo Japan fell 1.6% to 50200.The Hang Seng fell 1% to 27,843. China Mobile ...
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Davis Selected Advisers Takes Piece In MBIA (MBI)

Posted: December 26, 2007 at 3:48 pm

Davis Selected has bought 5.1% of MBIA (MBI). Just a few days ago, the fund put money into Merrill Lynch (MER).MBIA shares are rising on the news, up 11% to ...
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