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Daily Archives: January 11, 2008

Citigroup (C) Gets Money From Overseas

Posted: January 11, 2008 at 7:41 pm

Perhaps Warrent Buffett was asked and perhaps he was not, but Citigroup (C) ended the week with more money in its checking account.According to The Wall Street Journal "Prince Alwaleed ...
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This week on Stockhouse January 7 – 11

Posted: January 11, 2008 at 7:37 pm

This was a great week for gold as the yellow metal continued to forge new highs, though many investors wondered when the effect will spill over to the junior miner ...
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IncrediMail’s Ad Wrath (MAIL, GOOG, YHOO, TWX)

Posted: January 11, 2008 at 6:36 pm

IncrediMail Ltd. (NASDAQ:MAIL) saw its shares just crushed today.  The company made the announcement that it received a notification from Google January 9th that Google (NASDAQ:GOOG) disengaged the Google Adsense ...
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Broadband For Farmers Still Far Off

Posted: January 11, 2008 at 3:04 pm

It will be 2011 until ViaSat launches a new satellite to help get broadband coverage to people in rural areas. WiMax may be available sooner.Accroding to The New York Times ...
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Another Vote For $100 Oil

Posted: January 11, 2008 at 2:58 pm

Matt Simmons, founder of Houston-based Simmons and Co International believes that oil will be above $100 for some time to come. "Demand is far more durable than anyone ever thought," ...
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World of Warcraft Heading to Consoles? (ATVI, MSFT, SNE, GME)

Posted: January 11, 2008 at 10:46 am

Vivendi's Blizzard could have a new trick up its sleeve in MMORPG (massively multi-player online role playing games) besides its pending merger.  There is a report on the MMORPG Blog ...
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Wall St. Sours On McDonald’s (MCD)

Posted: January 11, 2008 at 9:56 am

Just a couple of weeks ago McDonald's (MCD) was the toast of the town. Same store sales were great and its breakfast menu was selling like hotcakes. It said it ...
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Cadence Pharmaceuticals (CADX): Another Biotech Implosion

Posted: January 11, 2008 at 9:36 am

Shares in Cadence Pharmaceuticals (CADX) are off as much as 50% on news that one of its drugs had failed in trials. According to Reuters "the biopharmaceutical company said one ...
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When Will Advertising Recession Hit? This Quarter

Posted: January 11, 2008 at 9:26 am

From Silicon Alley InsiderMost major Wall Street firms are now predicting a recession (or saying we're in one). Financial services firms, retailers, cable companies, and phone companies are hurting. Credit ...
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Draft on posts

Posted: January 11, 2008 at 8:43 am

247WallSt.com brings you the daily recap of the printed word from major publications:REUTERS:Bernanke said the Fed was ready to cut rates sharply in the face of a falling economy.November trade ...
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Goldman Sachs On Alternative Energy (SPWR, BLDP)

Posted: January 11, 2008 at 7:49 am

Goldman Sachs has an upgrade and a downgrade in the alternative energy sector today, although it notes positive headwinds in the sector continuing for 2008.  On the auto-side for fuel ...
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Top 10 Pre-Market Analyst Calls (BSC, CAL, DELL, ESRX, HON, ILMN, NUAN, SPW, STM, AU, DROOY, GFI, GBN, HMY)

Posted: January 11, 2008 at 7:31 am

These are not the only big analysts calls this Friday morning, but these are the ones that 24/7WallSt.com is focusing on this morning:Bear Stearns (BSC) raised to Buy at Merrill ...
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Amazon (AMZN) Trumps Apple (AAPL)

Posted: January 11, 2008 at 7:24 am

Amazon (AMZN) appears to have landed a deal to get Sony BMG as a customer for its music download service on top of deals with EMI, Universal, and Warner, according ...
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Bank of America (BAC) Buys Countrywide (CFC) For $4 Billion

Posted: January 11, 2008 at 7:16 am

Bank of America (BAC) has bought Countrywide Financial (CFC) for about $4 billion.The move makes BAC the largest mortgage lender in the US.Douglas A. McIntyre ...
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Europe Markets 1/11/2008 (AXA)

Posted: January 11, 2008 at 7:13 am

Markets in Europe were modestly lower at 7.10 AM New York timeThe FTSE fell .7% to 6,177. British Airways rose 4.5% to 280. Diageo fell 4% to 1009.The DAXX dropped ...
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