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Daily Archives: March 6, 2008

Intel (INTC) Will Pursue Four New Markets

Posted: March 6, 2008 at 6:51 am

The PC business is not enough for Intel (NASDAQ: INTC). It want to get into four more businesses according to The InQuirer. The include low-cost PCs, mobile internet devices, consumer ...
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Europe Markets 3/6/2008 (DT)(ALU)(SI)

Posted: March 6, 2008 at 6:43 am

Markets in Europe were off slightly at 6.40 AM New York time.The FTSE was down .3% to 5,838. British Airways was off 4,3% to 253.5. British Energy was up 4.6% ...
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In The Shadow Of Bankruptcy, Airlines Focus On Mergers (NWA)(AMR)(DAL)

Posted: March 6, 2008 at 6:33 am

The airline industry has periods when more big carriers seem to be in Chapter 11 than not. Another such period may not be that far off. Right now, the news ...
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UBS (UBS): Another Huge Write-Down?

Posted: March 6, 2008 at 6:01 am

UBS (NYSE: UBS) may have sold a huge portion of its high-risk mortgages at an extremely large write-down. And, that may show up in it Q1 results, driving a big ...
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A Dent In The Resolve At Sovereign Funds

Posted: March 6, 2008 at 5:48 am

The Treasury and Congress are still trying to get sovereign funds to agree that their investments in US companies are "financial" and not "political". According to MarketWatch Treasury Undersecretary for ...
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OPEC Blames US For High Oil

Posted: March 6, 2008 at 5:32 am

Using its nice, light touch, OPEC tried to push the cause of high oil prices onto the US government. According to The Wall Street Journal "Ministers from the Organization of ...
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Consumer Spending Still Dropping (WMT)(COST)(BBY)(SHLD)

Posted: March 6, 2008 at 5:20 am

ChangeWave looked at consumer spending habits between February 18 and February 25. They polled 3,773 people on their spending plans going forward.Thirty-nine percent said that they would spend less over ...
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Media Digest 3/6/2007 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: March 6, 2008 at 3:49 am

According to Reuters, H&R Block posted a large quarterly loss.Reuters writes that the service sector slump is pulling down the economy.Reuters writes that Ambak (ABK) raised at least $1.5 billion.Reuters ...
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Asia Markets 3/6/2008 (DCM)(PTR)

Posted: March 6, 2008 at 3:26 am

Markets in Asia rose The Nikkei was up 1.9% to 13,215. Docomo (DCM) was up 2.6% to 159000. Yahoo Japan was up 5.4% to 47500.The Hang Seng was up 1% ...
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