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Monthly Archives: January 2008

Amazon.com Sees Greatness In Audible (AMZN, ADBL)

Posted: January 31, 2008 at 7:19 am

Audible Inc. (NASDAQ: ADBL) is finally being acquired.  Amazon.com (NASDAQ: AMZN) will pay some $11.50 per share of Audible in an all-cash buyout.  Including Audible's cash on hand, this transaction ...
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P&G (PG) To Spin-Off Coffee Operations

Posted: January 31, 2008 at 7:19 am

P&G (PG) announced plans to separate its coffee business and create an independent company named The Folgers Coffee Company. The coffee business had sales of approximately $1.6 billion and operating ...
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Asia Markets 1/31/2008 (SNE)(TM)(LFC)(PTR)

Posted: January 31, 2008 at 3:15 am

Markets in Asia were mixed at 3.10 AM New York time.The Nikkei was up 1.9% to 23.329. Sony (SNE) was up 3.6% to 5,220. Toyota (TM) was up 5.4% to ...
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Eli Lilly (LLY): The Drug Companies Never Learn

Posted: January 31, 2008 at 3:05 am

At least once a year, and probably more often, a big drug company makes a settlement or faces suits over not disclosing the bad effects of one or more of ...
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Starbucks (SBUX) Will Have To Close A Lot More Than 100 Stores

Posted: January 31, 2008 at 2:50 am

No one on Wall St. liked the Starbucks (SBUX) quarterly results and the shares moved down after they were announced. They still sit close to a 52-week low. The company ...
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Sony Earnings: Playstation Resurrection

Posted: January 31, 2008 at 2:35 am

For years the Playstation franchise carried Sony's (SNE) earnings. The PS2 was one of the great selling consumer electronics products of all time. Sony stumbled with the launch of the ...
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S&P Sees CDO And Subprime Losses As High As $265 Billion

Posted: January 31, 2008 at 2:26 am

Losses from securities linked to subprime mortgages may exceed $265 billion as regional U.S. banks, credit unions and overseas financial institutions write down the value of their holdings, according to ...
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Amazon (AMZN): Nothing Will Satisfy A Bear Market

Posted: January 31, 2008 at 2:23 am

Wall St. has gone through the looking glass into Wonderland with Alice. The world is upside down now. Awful results at firms like E*Trade (ETFC) and Countrywide (CFC) can make ...
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MBIA (MBI) Takes A Torpedo In The Boiler Room

Posted: January 31, 2008 at 2:08 am

Wall St. thought things would be bad when MBIA (MBI) reported earnings, but they were worse. The largest bond insurer posted a loss of $2.3 billion, or $18.61 a share, ...
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Media Digest 1/31/2008 Reuters, WSJ, NYTimes, FT, Barron’s

Posted: January 31, 2008 at 1:40 am

According to Reuters, Amazon's (AMZN) financial results show that its profit margins were squeezed in the last quarter.Reuters writes that Starbucks (SBUX) will close 100 stores and say 2008 could ...
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Can Google Break The Internet Earnings Drop? (GOOG, YHOO, AMZN, EBAY)

Posted: January 30, 2008 at 8:30 pm

After the close of trading on Thursday, the beloved Google (NASDAQ: GOOG) will report earnings for Q4-2007.  This is the last of the internet giants to report earnings.  Interestingly enough, ...
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Intuitive Surgical Braces For Earnings (ISRG)

Posted: January 30, 2008 at 6:12 pm

Intuitive Surgical Inc. (NASDAQ: ISRG) is set to report earnings after the close on Thursday.  Shares closed at $235.00 Wednesday, down from a 52-week high of $359.59 and down from ...
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Accuray, Neither Recession Proof Nor Credit Proof (ARAY)

Posted: January 30, 2008 at 5:35 pm

Accuray Inc. (NASDAQ: ARAY) is being punished in after-hours trading.  The company posted earnings at $0.04 EPS on revenues of $52 million.  The problem is that First Call was at ...
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Starbucks Earnings, Ammo For Bulls & Bears Alike (SBUX)

Posted: January 30, 2008 at 5:13 pm

Starbucks (NASDAQ: SBUX) is seeing shares trade slightly lower in after-hours trading after earnings.  The coffee inflating retailer posted earnings of $0.28 EPS on revenues of $2.8 Billion, yet First ...
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52-Week Low Club (AMLN, CYMI, NTCH, KEYN, MMA, NATI, STE, WTW)

Posted: January 30, 2008 at 4:53 pm

There was a much larger list of companies which hit 52-week lows, but these were some of the larger percentage changes that we looked at:Amylin Pharmaceuticals Inc. (AMLN) closed at ...
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