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Monthly Archives: March 2008

Big Price Movers In S&P 500 For Q1 2008 (MSFT)(GOOG)(AAPL)(INTC)(C)(AIG)(VZ)

Posted: March 31, 2008 at 5:40 pm

The largest losers among the big companies in the S&P 500 for the first quarter were:Microsoft (MSFT) down 21.6%, Google (GOOG) down 36.7%, Apple (AAPL) down 27.8%, Intel (INTC) down ...
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NYTimes: Huffington Value Compared To 24/7 Wall St. Analysis

Posted: March 31, 2008 at 5:04 pm

In today's New York Times an article on The Huffington Post says that the company is looking for a valuation of $200 million. That would be $53 per unique visitor ...
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Dell Slashes & Burns, Right In Its Back Yard (DELL, AMAT)

Posted: March 31, 2008 at 4:25 pm

Dell Inc. (NASDAQ: DELL) has announced additional actions in its previous restructuring in its attempt to smooth its operating model, rationalize its operations and improve profitability and cash flow.  In ...
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Lehman Intends $3 Billion Capital Raise in Preferred Sales (LEH)

Posted: March 31, 2008 at 3:48 pm

Lehman Brothers Holdings Inc. (NYSE: LEH) has just announced that it has "responded to investor interest" with the intent to offer to offer 3,000,000 shares of Non-Cumulative Perpetual Convertible Preferred ...
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Cell Genesys Scores Takeda Deal (CEGE)

Posted: March 31, 2008 at 3:39 pm

Cell Genesys, Inc. (NASDAQ: CEGE) has announced a global alliance with Takeda Pharmaceutical Company Limited in Japan.  The companies will develop and commercialize Cell Genesys' GVAX immunotherapy for prostate cancer, ...
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The 52-Week Low Club (SGP)(MRK)(MO)

Posted: March 31, 2008 at 2:59 pm

Schering-Plough (SGP) Bad news on key cholesterol drug marketed with Merck. Shares fall to $14 from 52-week high of $33.81.Merck (MRK) Pulled down for the same reason. Sells off to ...
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Wall St. Votes Against Big Apple (AAPL) iPhone Prediction

Posted: March 31, 2008 at 2:45 pm

A Wall St. research firm suggested that Apple (NYSE: AAPL) would sell 45 million iPhones in 2009 which would bring in $11.7 billion, according to Silicon Alley Insider. Investors don't ...
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SPAC IPO FILING: Fintech Acquisition Corp. (TBBK)

Posted: March 31, 2008 at 11:59 am

Fintech Acquisition Corp., a SPAC, or special purpose acquisition company, has filed to come public via an IPO. The filing shows a target of $100 million. Each $10 unit will ...
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Cell Therapeutics, Ready To Tap Financing (CTIC)

Posted: March 31, 2008 at 11:51 am

Cell Therapeutics (NASDAQ: CTIC) has filed an open mixed securities shelf registration for up to $150 million.  This will allow it to sell debt securities, common stock, preferred stock, and ...
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Trivial Pursuit, Now All Hasbro’s (HAS)

Posted: March 31, 2008 at 11:33 am

Hasbro, Inc. (NYSE:HAS) has finally purchased all of the intellectual property rights related to the Trivial Pursuit brand from Horn Abbot Ltd. and from Horn Abbot International Ltd.  Hasbro paid ...
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Biotech Busine$$ Daily (BNT, TEVA, BPAX, NCST, RPRX, VRTX)

Posted: March 31, 2008 at 11:23 am

Bentley Pharmaceuticals Inc. (NYSE: BNT) will be purchased by Teva Pharmaceutical Industries (NASDAQ: TEVA) for $360 million. Bentley shareholders will receive $15 per share and an undisclosed amount of shares ...
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Monsanto Acquires European Seed Company (MON)

Posted: March 31, 2008 at 10:32 am

Monsanto Company (NYSE: MON) has just announced that it has signed a definitive agreement to acquire De Ruiter Seeds Group B.V., in The Netherlands.  This is a Dutch-holding company that ...
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AMD (AMD) Takes On More Water

Posted: March 31, 2008 at 10:27 am

AMD (NYSE: AMD) is trading off today and is not much above its 52-week low. The reason may be a note out of JP Morgan picked up at Barron's. The ...
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Exxon Mobil’s Thai Unit, Up For IPO (XOM)

Posted: March 31, 2008 at 10:16 am

Reuters ran a pretty interesting article regarding Exxon Mobil Corp. (NYSE: XOM) today that really hasn't gotten much coverage.  Apparently, its Esso (Thailand), its unit of Exxon Mobil in Thailand, ...
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Did Banks Sell Their Auction-Rate Securities To The Fed? (LEH)(UBS)(C)(MER)(MS)

Posted: March 31, 2008 at 9:59 am

Over the weekend UBS (NYSE: UBS) said that it would be cutting the value of auction-rate securities in it client's accounts. According to CNN Money "UBS using an internal model ...
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