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Daily Archives: February 11, 2008

Google (GOOG) Share Of US Online Revenue 24%

Posted: February 11, 2008 at 7:02 pm

Google's (NASDAQ: GOOG) share of the US online ad revenue market was 23.7% in Q4. That number fell from Q3, but only by .5%. Research group IDC said that a ...
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GM (GM) Earnings Preview, International Numbers Are Key

Posted: February 11, 2008 at 5:07 pm

When GM (NYSE: GM) posts earnings it will be the first look at what the company's expense run rate will be as it moves into 2008. There may be one-time ...
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Blackberry Outages (RIMM)

Posted: February 11, 2008 at 4:56 pm

Research-in-Motion (NASDAQ: RIMM) is reporting a critical outage for its Blackberry users this afternoon.  Some outages in the past have affected some users, while others were system-wide.  This outage is ...
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The 52-Week Low Club (AIG)(PRU)(ALL)(NURO)

Posted: February 11, 2008 at 3:58 pm

American International Group (NYSE: AIG) Warns about more potentia write-offs and bad financial controls. Falls to $44.52 from 52-week high of $72.97.PNM Res (NYSE: PNM) Numbers miss Wall St. estimates. ...
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Another Oil IPO Failed: Forum Oil Technologies (FOT)

Posted: February 11, 2008 at 3:11 pm

Forum Oilfield Technologies, Inc. has just filed to withdraw its IPO application.  The reason: "due to market conditions."  This was one we had previously noted that would have the NYSE ...
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LBO Debt May Be Written Down 10%: Merrill Lynch (MER) And Goldman Sachs (GS) At Risk

Posted: February 11, 2008 at 12:05 pm

Bank of America has release a study showing the levels of LBO write-downs that large banks and brokerages may have to take. The figures are based on a "the current ...
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IPO Withdrawal: Plains GP Holdings (PAA)

Posted: February 11, 2008 at 11:49 am

Plains GP Holdings, L.P. withdrew its IPO filing this morning, stating that the withdrawal it is “consistent with the public interest and the protection of investors.”  Plains originally filed its ...
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SPAC IPO FILING: JWL Partners (JWL, SHRP)

Posted: February 11, 2008 at 11:29 am

JWL Partners Acquisition Corp., a SPAC, or special purpose acquisition company, submitted an IPO filing on Friday. The filing shows $200 million proceeds targeted at $10.00 per unit, each unit ...
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Unusual Biotech Movers (DSCO, GNTA, IDMI, DDSS, POTP, DARA)

Posted: February 11, 2008 at 10:59 am

Discovery Laboratories Inc. (NASDAQ: DSCO) shares are up after a report that their drug Surfaxin, a respiratory distress syndrome treatment for premature infants, should gain FDA approval by May. In ...
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AIG Disclosure In Filings Hammers Stock (AIG)

Posted: February 11, 2008 at 10:27 am

American International Group, Inc. (NYSE: AIG) is spooking the financial markets over what is once again another point of the markets not being able to price anything in.  AIG in ...
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Darden Apparently No Victim of Casual Dining Woes (DRI)

Posted: February 11, 2008 at 9:38 am

Darden Restaurants, Inc. (NYSE: DRI) is seeing shares surge Monday in early trading activity after the company gave an updated guidance to its quarter.  While Darden expects its EPS growth ...
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Sony Ericsson Turns Up Heat On Motorola (MOT) In US

Posted: February 11, 2008 at 9:30 am

The US is Motorola's (NYSE: MOT) handset stronghold. While the company does not do terribly well overseas, it has held a market share lead on it home turf. Nokia NYSE: ...
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DJIA Index Changes (MO, HON, BAC, CVX)

Posted: February 11, 2008 at 9:20 am

It's been a while since we have seen any serious changes to the Dow Jones industrial Averages components, with 2004 being the last change and 1999 before that.  This morning ...
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G7: Subprime Write-Offs Could Hit $400 Billion

Posted: February 11, 2008 at 8:50 am

As if banks and brokerages had not written off enough money for the subprime mistakes, the G7 experts think the figure could go as high as $400 billion. According to ...
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Cheesecake Factory Added to Goldman Sachs Conviction Buy List (CAKE)

Posted: February 11, 2008 at 7:50 am

The Cheesecake Factory (NASDAQ: CAKE) is being added to Goldman Sachs CONVICTION BUY LIST.  This call is reflecting a view of early cycle casual diners and a fundamental view on ...
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