Daily Archives: February 8, 2008

The 52-Week Low Club (ARUN)(UBS)(IAR)

Posted: February 8, 2008 at 4:02 pm

Idearc (NYSE: IAR) Sell off from bad earnings continues. Falls to $8.55 from 52-week high of $38.R H Donnelley (NYSE: RHD) Shares downgraded. Sells off to $17.33 from 52-week high ...
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Evergreen Solar Oversold Ahead of Secondary Offering? (ESLR)

Posted: February 8, 2008 at 3:59 pm

Evergreen Solar, Inc. (NASDAQ: ESLR) has seen its shares hit harder than most of the other solar stocks this week. On this last Monday it filed to sell 20 million ...
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OPEC May Cut Production, Oil Above $91

Posted: February 8, 2008 at 3:37 pm

OPEC members are beginning to talk about cutting production in March. The reason is to keep prices high. Oil now trades near $92 a barrel.According to MarketWatch "Lower demand coupled ...
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Dell Dumping AMD? (DELL, AMD, INTC)

Posted: February 8, 2008 at 3:15 pm

The Wall Street Journal has reported that Dell Inc. (NASDAQ: DELL) has decided to stop offering processors from Advanced Micro Devices (NYSE: AMD) in most of its PC's. The computers ...
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IPO WITHDRAWAL: Light Sciences Oncology (LSON)

Posted: February 8, 2008 at 1:13 pm

Light Sciences Oncology Inc. withdrew its IPO filing Friday, citing “unfavorable market conditions.” It originally filed IPO paperwork in April 24, 2006. It was approved for listing on NASDAQ with ...
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Today in Biotech Stocks (ALNY, ARIA, CEPH, CYPB, GTCB, ITMN)

Posted: February 8, 2008 at 12:32 pm

Below are some of the news items affecting shares of biotech stocks:Alnylam Pharmaceuticals Inc. (NASDAQ: ALNY) is enjoying upgrades after a positive earnings release Thursday. The company’s partnership with Swiss ...
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Two Analyst Takes On Micron Analyst Meeting (MU)

Posted: February 8, 2008 at 10:13 am

We have been watching Micron Technology, Inc. (NYSE: MU) for quite some time. We even listed it as a "turnaround that hadn't turned" and we have noted how the company ...
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Baidu (BIDU) Is Worse Off Than Google (GOOG)

Posted: February 8, 2008 at 9:40 am

No one in his right mind would be happy about the slide in Google's (NASD: GOOG) shares this year. They are now off 27% on an earnings report that Wall ...
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Bezos On Buybacks (AMZN)

Posted: February 8, 2008 at 9:01 am

This morning Amazon.com (NASDAQ: AMZN) has announced that it is retiring debt and will buy back common stock.Bezos & Co. has authorized a debt repurchase program that it may repurchase, ...
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How About A “Monoline Tsunami”? (DB)(MBI)(ABK)

Posted: February 8, 2008 at 8:59 am

The head of Deutsche Bank (NYSE: DB) said the US could be driven into a deep recession if the muni insurace companies including MBIA (NYSE: MBI) and Ambac (NYSE: ABK) ...
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Goldman Sachs Conviction Buy List Changes (CI, WLP, CNH)

Posted: February 8, 2008 at 8:13 am

Goldman Sachs is making a change to its CONVICTION BUY LIST this morning. The firm is adding CIGNA (NYSE: CI) and dropping WellPoint (NYSE: NYSE: WLP) from the list. Both ...
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Top 10 Pre-Market Analyst Calls (AU, CEPH, KO, CXR, MCO, NVO, URBN, WAG, CVC, CMCSA, TWC, DISH, DTV)

Posted: February 8, 2008 at 7:31 am

Below are some of the key general calls we are looking at in early pre-market trading:Anglogold (NYSE: AU) downgraded to Neutral from Buy at UBS.Cephalon (NASDAQ: CEPH) downgraded to Underperform ...
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WTO Makes EU Go Bananas (CQB)

Posted: February 8, 2008 at 7:08 am

The World trade Organization actually ruled in favor of the U.S. over the European Union having tariffs on bananas. This may actually lead to million of dollars in commercial sanctions. ...
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Eddie Lampert Taps Out At Sears (SHLD)

Posted: February 8, 2008 at 6:50 am

Is Sears (SHLD) getting a little low on cash? A bunch of analysts think so. The cash balance that Sears showed in its last financial statement was a bit light.According ...
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VMware’s Last Hurdle: IPO Lock-Up Expiration (VMW, EMC, INTC, CSCO)