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Daily Archives: March 18, 2008

Apple (AAPL) Looks At Free iTunes For Everyone

Posted: March 18, 2008 at 5:30 pm

Apple (NASDAQ: AAPL) is in conversations with the music industry about offering its entire iTunes library free. It would recoup the loss of revenue by changing more for its iPod ...
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New Electronics Forecast Bad For Apple (AAPL) And Best Buy (BBY)

Posted: March 18, 2008 at 4:47 pm

New data from ChangeWave Research point to a huge drop in spending on consumer electronics. The most recent data was taken from a survey of 4,427 consumers between February 19th ...
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Uranium Strategic Investment, Denison Mines and Uranerz (DNN, URZ)

Posted: March 18, 2008 at 4:00 pm

Uranerz Energy Corporation (AMEX: URZ)announced that it will raise approximately $23.676 million (US Dollars) in funds via a brokered private placement of 4 million units and via a non-brokered private ...
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The 52-Week Low Club (XRM)(MGI)(BGP)(DVAX)(NUVO)(SHFL)

Posted: March 18, 2008 at 2:56 pm

Xerium Technologies (XRM) delays 10-K and risk of default. Falls to $1.16 from 52-week high of $9.20.Moneygram (MGI) is taken out of one of the S&P indexes. Down to $1.62 ...
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Visa IPO: Traders Use Member Banks & Owners As Back Door Plays (V, AXP, MA, DFS, JPM, BAC, NCC, WFC, C, USB)

Posted: March 18, 2008 at 2:36 pm

Tonight we are going to get the highly awaited VISA, Inc. initial public offering.  This one has been on the books since November 2007 and we have previously noted that ...
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SPAC IPO FILING: China Growth Alliance Ltd. (CGN)

Posted: March 18, 2008 at 1:51 pm

China Growth Alliance Ltd. is another a blank-check company or special purpose acquisition company (or SPAC) that has filed to come public via an initial public offering.  It filed to ...
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FOMC Goes Three-Quarters Of The Way

Posted: March 18, 2008 at 1:24 pm

The FOMC has made its rate cut, although not quite as much as Wall Street was talking up.  Wall Street wanted a 100-basis point cut or 1 full point.  We ...
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Adobe Barely Off 52-Week Lows Ahead of Earnings (ADBE)

Posted: March 18, 2008 at 12:57 pm

Tuesday after the close, we’ll get to see earnings out of Adobe Systems Inc. (NASDAQ: ADBE). The estimates from First Call are $0.45 EPS on $875.8 million in revenues.  Adobe ...
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US Vehicles Sales Could Hit Thirteen Year Low (GM)(F)

Posted: March 18, 2008 at 11:58 am

GM (NYSE: GM) and Ford (NYSE: F) already trade near 52-week lows because of high gas costs and the rising prices of commodities for components used in cars.Now, JP Power ...
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Frank Quattrone Launches Qatalyst (CS, GS, GOOG, JMP)

Posted: March 18, 2008 at 10:16 am

If you have been around the markets for a decade you'll know the name Frank Quattrone quite well.  Quattrone was one of the most influential investment bankers in the 1990's ...
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Apple (AAPL): Macs On Fire

Posted: March 18, 2008 at 9:12 am

If research firm NPD Group is to be believed, the Apple (NASDAQ: AAPL) Mac had 14% of PC sales in the US in February and 25% of the revenue share. ...
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Early Recovery Laggards (AMGN, ARII, IP, MCD, SRZ, URI)

Posted: March 18, 2008 at 9:06 am

It almost seems that no matter what happens, there are always some major companies whose shares just won't recover when the broad market recovers.  Sometimes it's on news, and sometimes ...
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High PPI More Honest Than CPI, FOMC Has To Look Past It

Posted: March 18, 2008 at 8:02 am

This morning we saw February Producer Prices come out with a gain of +0.3%, and that is after a +1% gain in January.  The core rate on an ex-food and ...
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Yahoo! (YHOO) Comes Out With Lame Business Plan To Support Higher Value

Posted: March 18, 2008 at 7:44 am

Yahoo! (NASDAQ: YHOO) has come out with a business plan which says the company is worth more than Micorosft (NASDAQ: MSFT) is offering. That is based, to some large extent, ...
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GameStop Sets Earnings Growth to 2010 (GME)

Posted: March 18, 2008 at 7:43 am

GameStop Corp. (NYSE: GME) has just posted its earnings with $1.14 diluted EPS on revenues of $2.8656 Billion. The estimates for the largest pure-play video game retailer from First Call ...
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