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Daily Archives: January 9, 2008

Lenovo Shares Hit As PC World Implodes

Posted: January 9, 2008 at 6:14 am

So much for the turnaround at Dell (DELL) and the two-year revival at Hewlett-Packard (HPQ). Even overseas PC companies like Lenovo are being hurt by the perception that US demand ...
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Why No One Wants To Pump $100 Oil

Posted: January 9, 2008 at 6:03 am

At $100 a barrel, investors would think oil companies could not get crude out of the ground fast enough. Think of the huge profits now that the price of oil ...
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AT&T (T): The Phone Company Was Supposed To Be Recession-Proof

Posted: January 9, 2008 at 5:49 am

Wall St. was taken by surprise when AT&T's (T) chief said that the company was seeing soft home phone and internet business. So far, wireless spending seems OK. Since big ...
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Wall St. Doesn’t Care About The Primaries

Posted: January 9, 2008 at 5:32 am

John McCain and Hillary Clinton may have won in New Hampshire. Michigan and South Carolina are next.But, Wall St. does not care about the primaries. Their results won't be reflected ...
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Media Digest 1/9/2008 Reuters, WSJ, NYTimes, FT, Barron’s

Posted: January 9, 2008 at 4:13 am

According to Reuters, Bear Stearns (BSC) replaced its CEO James Cayne who will remain chairman.Reuters writes that the CEO of Best Buy (BBY) sees the retail climate getting tougher.Reuters writes ...
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Asia Markets 1/9/2008

Posted: January 9, 2008 at 3:50 am

Markets in Asia were mostly higherThe Nikkei rose .5% to 14,599. NTT (NTT) rose 2.4% to 530000. Sony (SNE) rose 2.7% to 6190.The Hang Seng rose 1.9% to 27,616. China ...
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