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Daily Archives: March 13, 2008

Did Zumiez Finally Bottom? (ZUMZ)

Posted: March 13, 2008 at 6:48 pm

Zumiez Inc. (NASDAQ: ZUMZ) saw shares rocket in after-hours trading after the company posted earnings.  The apparel and equipment retailer for young adults in extreme sports )snowboarding etc.) posted earnings ...
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Data Differentiates Newspaper Vs. Online News Reader Characteristics (SCOR, JRC, MNI, NYT, JRN, GCI)

Posted: March 13, 2008 at 5:20 pm

If you have read any of our commentary or probably most other commentary online, you know that newspapers are not exactly the next growth engine in the economy.  In fact, ...
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Transition Therapeutics Scores Lilly in Diabetes Pact (TTHI, LLY)

Posted: March 13, 2008 at 4:51 pm

Transition Therapeutics Inc. (NASDAQ: TTHI) is seeing shares surge in after-hours activity.  It has signed a pact with Eli Lilly and Co. (NYSE: ELY) where Lilly will acquire exclusive rights ...
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Level 3 Insiders Nibble On Stock (LVLT)

Posted: March 13, 2008 at 4:33 pm

After the close, there were several SEC Filings that showed insiders at Level 3 Communications Inc. (NASDAQ: LVLT) bought shares of the company.  These buys may sound like a lot ...
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The 52-Week Low Club (CHTR)(SIGM)(GM)(F)(BSC)(VM)

Posted: March 13, 2008 at 2:58 pm

Virgin Mobile (NYSE VM) Quaterly loss takes shares down. Falls to $1.90 from 52-week high of $15.69.Bear Stearns (NYSE: BSC) Market still believes that company has severe balance sheet problems. ...
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The Barney Frank and S&P Rally

Posted: March 13, 2008 at 1:41 pm

House Financial Services Committee Chairman Barney Frank announced new legislation Thursday that would increase the involvement of the Federal Housing Administration in the current crisis to help fight the rise ...
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Schwab Kicks Up Buybacks (SCHW)

Posted: March 13, 2008 at 1:22 pm

The Charles Schwab Corporation (NASDAQ: SCHW) has authorized share repurchases of up to an additional $500 million of its common stock through open market or via privately negotiated transactions.Schwab notes ...
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Chrysler To Shut Entire Company For Two Weeks

Posted: March 13, 2008 at 11:16 am

Chrysler LLC is planning to shut down the entire company for two weeks this summer as a cost saving move to accelerate Chrysler's recovery and transformation.  Chief Executive Robert Nardelli ...
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S&P Thinks Subprime Writedowns End In Sight, Well Sort Of

Posted: March 13, 2008 at 11:04 am

S&P has issued a report today noting that the subprime writedowns could reach $285 Billion, which is higher than the $265 Billion it noted before.  But there is a silver ...
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Shares in Ford (F) And GM (GM) Collapse

Posted: March 13, 2008 at 10:04 am

The wheels finally came off in Detroit. GM (NYSE: GM) is down 8% to $19.13, a new 52-week low. The stock bounced around that level in late 2005 and early ...
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IPO FILING: Salient Surgical Technologies, Inc. (SLNT, MDT)

Posted: March 13, 2008 at 9:25 am

Salient Surgical Technologies, Inc. has filed to come public via an initial public offering and has applied to trade on the NASDAQ under the ticker "SLNT."  The company lists that ...
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AmTech Notes PC Seasonality & Memory Oversupply (INTC, AMD, NVDA, MU, QI)

Posted: March 13, 2008 at 9:05 am

Doug Freedman at American Technology Research has issued a call in the PC and memory sector this morning.  The firm notes that the March quarter is tracking in-line with normal ...
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SPAC IPO Filing: BHG ACQUISITION CORP.

Posted: March 13, 2008 at 8:36 am

BHG ACQUISITION CORP., another special purpose acquisition company, or SPAC, has filed to come public via an IPO.  It plans to sell some 35 million units for $10.00 per unit, ...
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Neutral Tandem Insiders Scramble To Sell Into Lock-Up Expiration (TNDM)

Posted: March 13, 2008 at 8:11 am

Neutral Tandem, Inc. (NASDAQ: TNDM) has filed to sell 4.5 million shares of stock in a secondary offering this morning via underwriter Morgan Stanley.  The use of proceeds is zero ...
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Would GE Consider Being The Next Vulture Over Distressed Assets? (GE)

Posted: March 13, 2008 at 7:13 am

Yesterday we saw the annual report out of General Electric Co. (NYSE: GE), along with the letter from CEO Jeff Immelt.  While we noted many issues that were broken down ...
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