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Daily Archives: January 3, 2008

Ingram Micro Catches A Goldman Sachs Upgrade (IM, TECD)

Posted: January 3, 2008 at 7:31 am

Ingram Micro Inc. (NYSE: IM) is seeing a valuation upgrade from Goldman Sachs this morning.  It is being added to the Americas Buy List (after a neutral) after recent weakness ...
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Dell (DELL) Troubled By Slow Move To Retail, Lenovo

Posted: January 3, 2008 at 7:12 am

Dell (DELL) is trying to pick which products it wants to give to retailers like Best Buy (BBY) and Wal-Mart (WMT) and which it wants to sell on the internet. ...
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The Weather Channel Is For Sale

Posted: January 3, 2008 at 6:54 am

According to The New York Times, The Weather Channel is for sale by owner Landmark. The price is estimated to be about $5 billion. That number seems low. The cable ...
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State Street, Not Immune To Subprime (STT)

Posted: January 3, 2008 at 6:48 am

State Street Corporation (NYSE:STT) has announced that it will record a net after-tax charge in the fourth quarter of 2007 of $279 million, or $0.71 per share. The charge is ...
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Europe Markets 1/3/2008

Posted: January 3, 2008 at 6:46 am

Markets in Europe were lower at 6.40 AM New York time. The FTSE was off .2% to 6,403. BP (BP) was up 2.2% to 630. Intercontinental Hotels was off 4.5% ...
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Tech, The Market’s Superman, Weakens (GOOG)(AAPL)(MSFT)(ORCL)

Posted: January 3, 2008 at 6:30 am

A recent poll from Reuters showed that analysts believe that earnings growth rates will go negative in the fourth quarter. It is the first time that has happened since the ...
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The Beatings Continue At VeriFone (PAY)

Posted: January 3, 2008 at 6:28 am

VeriFone Holdings Inc. (NYSE: PAY) saw shares crushed on the debut of 2008 as the company issued a year-end statement noting that its ongoing restatement process will cause a delay ...
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Netflix (NFLX) Goes After The TV Market

Posted: January 3, 2008 at 6:13 am

Netflix (NFLX) has put together a deal with LG Electronics to build a box which will allow consumers to download movies and play them on their TVs. It would seem ...
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Why Are Toyota’s (TM) Shares Down 20%?

Posted: January 3, 2008 at 6:05 am

Over the last year, shares in Toyota (TM) are down well over 20%. The fact that GM (GM) and Ford (F) have fallen makes sense. They are still losing market ...
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Online Jobs Dive Ahead of Friday Jobs Report

Posted: January 3, 2008 at 6:02 am

The first Friday of every month is one of the key economic readings for the economy, and that comes in the form of the monthly unemployment report and non-farm payrolls ...
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Oil’s Next Stop: $150

Posted: January 3, 2008 at 5:50 am

Legions of analysts said that oil would never touch $100. OPEC would lift supply. A slowing economy would cut demand in China and the US. Political problems in Nigeria, the ...
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Media Digest 1/3/2008 Reuters, WSJ, NYTimes, FT, Barron’s

Posted: January 3, 2008 at 4:16 am

According to Reuters, manufacturing weakness in the US has raised new fears of recession.Reuters reports that the most recent Fed minutes indicate a willingness to cut rates again.Reuters reports that ...
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Asia Markets 1/3/2008

Posted: January 3, 2008 at 3:51 am

Most markets in Asia fell and Japan was closed for a holiday.The Hang Seng was off 2.4% to 26,887. China Petroleium (SNP) was off 4.5% to 11.1. China Unicom (CHU) ...
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