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Daily Archives: March 8, 2008

Ambac (ABK) Insiders Make Big Share Purchases, Nice Return

Posted: March 8, 2008 at 5:37 pm

At the end of the week, Ambac (NYSE: ABK) raised $1.5 billion and was able to keep it "Aaa" rating, essential for the company and the bonds it insures. The ...
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As Boeing (NYSE: BA) And Airbus Battle, China Walks In A Side Door

Posted: March 8, 2008 at 5:18 pm

Boeing (NYSE: BA) and Airbus go toe to tor for almost very major commercial airline contract in the world. They haul each other into court over international trade practice questions. ...
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Delphi’s Troubles Prick GM (GM) Balance Sheet

Posted: March 8, 2008 at 5:02 pm

GM (NYSE: GM) would rather not put money into its former parts operations which is now a separate company and in Chapter 11. Because of tight credit markets, the large ...
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This week on Stockhouse March 3 – 7

Posted: March 8, 2008 at 4:45 pm

Another unstable week had the Dow and the TSX down most of the week on continuing credit concerns and a darker U.S. economic outlook.Despite closing slightly higher Wednesday, stocks on ...
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Google (GOOG) At $350?

Posted: March 8, 2008 at 11:49 am

Fred Hickey, the editor of HIgh Tech Strategist, is saying Google (NASDAQ: GOOG) will have a very large earnings miss this quarter followed by "more disappointments to come," according to ...
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Blackstone Earnings & Private Equity Outlook (BX, PSP)

Posted: March 8, 2008 at 10:09 am

Shares of The Blackstone Group, L.P. (NYSE: BX) have seen their share of pain since coming public in 2007.  The private equity giant will report earnings Monday, and this may ...
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Banks May Face $325 Billion Margin Call

Posted: March 8, 2008 at 10:02 am

The Fed may need to get ready to put another $300 billion into the banking system, trading cash for paper that is clearly not worth a hundred cents on the ...
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Can Texas Instruments Mid-Quarter Update Rescue Chip Stocks? (TXN)

Posted: March 8, 2008 at 9:07 am

Texas Instruments Inc. (NYSE: TXN) is set to report its mid-quarter update on Monday.  What is expected to be a short press release will come after the close.  The chip ...
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If Ambac Insiders Bought Shares, Does It Help? (ABK)

Posted: March 8, 2008 at 8:47 am

Ambac Financial Group, Inc. (NYSE: ABK) did manage to raise its additional $1.5 Billion in new capital as the company tries to maintain its Triple-A ratings.  Ambac priced 185.2 million ...
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FBI Goes After Management Thugs At Countrywide (CFC), Bank Of America Deal May Be Troubled

Posted: March 8, 2008 at 6:35 am

The FBI is looking into whether Countrywide (NYSE: CFC) committed securities fraud by making false statements about the mortgage bank's financial position.The Wall Street Journal writes that a "potential issue ...
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Strike At Suppliers Helping GM (GM)

Posted: March 8, 2008 at 6:17 am

According to Bloomberg, GM (NYSE: GM) has a 113 day supply of trucks. That is well above the 60 days that most industry analysts believe is ideal. Strikes have closed ...
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Boeing (BA) Whines About Tanker Loss

Posted: March 8, 2008 at 5:59 am

Now that Boeing (NYSE: BA) has officially lost the bidding for a new Air Force tanker to Northrop Grumman (NYSE: NOC) and EADS, parent of Airbus, it will probably make ...
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