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Daily Archives: February 19, 2008

Texas Roadhouse, Barbecue Fans Staying Home (TXRH)

Posted: February 19, 2008 at 6:36 pm

Texas Roadhouse(NASDAQ: TXRH) just proved the risks of owning a stock that is only a one restaurant chain pure-play.  The company posted earnings at $0.10 EPS versus a $0.11 First ...
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Crocs Earnings Reaction Uglier Than Its Shoes (CROX)

Posted: February 19, 2008 at 4:38 pm

Crocs, Inc. (NASDAQ: CROX) has posted its fourth Quarter revenues rose more than 99% to $224.8 Million while its diluted EPS rose more than 73% to $0.45.  First Call had ...
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H-P Keeps Exceeding Targets (HPQ, DELL)

Posted: February 19, 2008 at 4:18 pm

Hewlett-Packard (NYSE: HPQ) posted non-GAAP EPS of $0.86 on $28.47 Billion in revenues.  First Call had estimates pegged at $0.81 EPS on $27.6 Billion.  H-P also put next quarter at ...
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The 52-Week Low Club (VZ)(IAR)(MS)(BX)(UBS)

Posted: February 19, 2008 at 4:01 pm

Verizon (VZ) Bad news on broadband set-top delays and price cutting for cellular service. Falls to $35.37 from 52-week high of $46.24.Idearc (IAR) New CEO appointed after weak earnings. Not ...
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ETF Launch: SPDR S&P International Dividend ETF

Posted: February 19, 2008 at 3:57 pm

State Street Corp (NYSE: STT) has announced that its investment management arm State Street Global Advisors has launched the SPDR® S&P® International Dividend ETF (AMEX: DWX) and it began trading ...
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Whitman & Third Avenue Value Fish In Financial Insurers, REITs, Land (ABK, ACGL, LM, MBI, JOE, TPGI, TGIC, USG, VNO)

Posted: February 19, 2008 at 3:27 pm

If there is one seer and age-old timeless veteran in value investing, it is M.J. Whitman.  His Third Avenue Management, LLC has filed its 13F with the SEC and it ...
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Oil Tops $100 A Barrel

Posted: February 19, 2008 at 3:15 pm

Fears that OPEC may cut is production in the spring drove oil to $100.10.Douglas A. McIntyre ...
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Gap Loses OLD NAVY Skipper…. It Should Spin This Dog Off (GPS)

Posted: February 19, 2008 at 2:24 pm

Gap Inc. (NYSE: GPS) is losing its President of its Old Navy brand.  Dawn Robertson, 52, is leaving Gap effective immediately, and Tom Wyatt of the Gap Outlet division will ...
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Hewlett-Packard’s Chart May Outweigh Earnings News (HPQ, DELL)

Posted: February 19, 2008 at 12:48 pm

After today's close, we get to see earnings out of Hewlett-Packard (NYSE: HPQ).  We gave a full earnings preview over the weekend but we have some updates for the options ...
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BlackRock Denies Any CDO Issues (BLK)

Posted: February 19, 2008 at 12:21 pm

BlackRock Inc. (NYSE: BLK) is one of the more well thought of asset managers out there.  It typically doesn't have to respond to market rumors, but there were rumors abound ...
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MMI Pushes Another (UIS, BCO)

Posted: February 19, 2008 at 12:07 pm

Shares of Unisys Corp. (NYSE: UIS) are trading up 8% today after capitulating to activist investor MMI Investments, LLP, which is one of the largest shareholders of Unisys.  Unisys has ...
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Goldman Sachs Sees Gold in Offshore Drillers (DO, PDE, RIG)

Posted: February 19, 2008 at 9:37 am

Goldman Sachs has said enough is enough in oil drillers.  The firm is suggesting that investors take advantage of recent weakness seen in the offshore oil drillers.Its two Buy-rated picks ...
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Fidel Castro Gone, Herzfeld Wins (CUBA)

Posted: February 19, 2008 at 8:48 am

Herzfeld Caribbean Basin Fund Inc. (NASDAQ: CUBA) has been "the go-to trade" for Americans that wanted to invest in the potential normalization of US-Cuba relations. Until today, that always seemed ...
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OPEC Walks The Price Off Oil Up

Posted: February 19, 2008 at 8:30 am

The OPEC ministers are talking lower oil supplies in the spring. Maybe they believe that global slowdown will cut demand. Or, perhaps they just like the profits from crude selling ...
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MBIA (MBI) Rises On CEO Replacement

Posted: February 19, 2008 at 8:26 am

MBIA (NYSE:MBI) has replaced it CEO with former Chairman and CEO Joseph "Jay" Brown, 59, who retired from the firm last May.Brown expressed some degree of confidence about the company's ...
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