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Daily Archives: January 14, 2008

IBM To Tech’s Rescue (IBM, CSCO, HPQ, MSFT, DELL, INTC)

Posted: January 14, 2008 at 7:50 am

IBM (IBM) has come out raised guidance this morning on strong international orders.  Big Blue put earnings at $2.80 EPS, and the First Call estimate was $2.60 EPS. and revenues ...
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Top 10 Pre-Market Analyst Calls (ACS, DOX, BBBY, ESRX, HD, LOW, NWA, RFMD, SHLD, UA, ADP, BE, CSC, PAYX, SAPE, HEW)

Posted: January 14, 2008 at 7:36 am

These are not the only key analyst calls that may impact stocks this Monday, but these are the ones that 24/7 Wall St. is focusing on:Affiliated Computer (ACS) raised to ...
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The Novices At Sears (SHLD) Screw-Up Again

Posted: January 14, 2008 at 7:13 am

Sears (SHLD) did worse than it had hoped at the end of last year and does not have cash for its share buyback. SHLD said domestic comparable store sales for ...
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Europe Markets 1/14/2008 (BCS)(BT)

Posted: January 14, 2008 at 7:07 am

Markets in Europe are modestly higher at 7 AM New York time.The FTSE was up .1% to 6,207. Barclays (BCS) was up 2.4% to 476.5. BT (BT) is off 1.6% ...
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Amazon (AMZN) Takes On iTunes

Posted: January 14, 2008 at 6:51 am

Apple's (AAPL) iTunes service has been invulnerable, at least until now. The consumer electronics company has alienated its music publisher partners by dictating pricing and revenue sharing. That would only ...
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Apple (AAPL) iPhone: More Than Just A Pretty Face

Posted: January 14, 2008 at 6:41 am

Google (GOOG) data show that users of Apple (AAPL) iPhones have been accessing its mobile search tools more than people with any other smartphone. According to The New York Times ...
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China Mobile (CHL) Kills Apple (AAPL) iPhone Deal

Posted: January 14, 2008 at 6:25 am

China Mobile (CHL) beat Apple (AAPL) to the punch on a PR announcement, something which rarely happens. The world's largest cellular carrier said it would not cut a deal to ...
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China Wants Its Money Back

Posted: January 14, 2008 at 6:16 am

Late word is that the China Development Bank may pass on putting $2 billion into Citigroup (C) as was planned. According to The Wall Street Journal the Chinese government may ...
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How Complexity Ruined Wall St: No One Read The Instruction Book

Posted: January 14, 2008 at 6:10 am

The NY Attorney General wants to know whether banks withheld information about the complex instruments which they sold to other financial companies. According to The New York Times, the investigation ...
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More GM (GM) Lay-Offs: The 16 Million Car Utopia

Posted: January 14, 2008 at 5:54 am

It has not been expected, but GM (GM) may have to cut a large number of workers again. The AP reports that the company "is close to an agreement with ...
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The Write-Down Guessing Game

Posted: January 14, 2008 at 5:37 am

CNBC reported that Citigroup (C) could have a $24 billion write-off. The source for that report is not clear. Last week, Goldman Sachs said Citi might have to take a ...
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Media Digest 1/14/2008 Reuters, WSJ, NYTimes, FT, Barron’s

Posted: January 14, 2008 at 4:10 am

According to Reuters, CNBC is reporting that Citigroup (C) could write-down $24 billion.Reuters writes that automakers face big hurdles in 2008.Reuters reports that the $200 billion Kuwait Investment Authority had ...
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Asia Markets 1/14/2008 (CHL)(SNP)

Posted: January 14, 2008 at 3:41 am

Markets in Asia were mixed.The Nikkei was closed.The Hang Seng fell 1.5% to 26,468. China Mobile (CHL) dropped 2.9% to 130.2. China Petroleum (SNP) fell 4.8% to 9.98.The Shanghai Composite ...
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