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Daily Archives: March 20, 2008

Texas Instruments Takes a Downgrade (TXN)

Posted: March 20, 2008 at 9:06 am

Shares of Texas Instruments (NYSE: TXN) are trading lower this morning.  The culprit is a downgrade out of American Technology Research.  Analyst Doug Freedman has cut the chip maker from ...
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Intel Juices Dividends (INTC)

Posted: March 20, 2008 at 8:08 am

Intel Corp. (NASDAQ: INTC) has just announced that it is hiking its quarterly dividend on common stock.  The $0.1275 per share dividend will now be a higher rate of $0.14 ...
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Goldman Sachs & Massive Steel Prices (X, NUE, ATI, STLD, SCHN, GNA, WOR, AKS, ROCK, RS, CMC)

Posted: March 20, 2008 at 7:29 am

Goldman Sachs is out with a call raising its steel company earnings targets after above expectation steel prices and tighter supplies that represent a physical steel shortage. It sees some ...
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Merrill Lynch Flips Conglomerate Coverage (GE, MMM)

Posted: March 20, 2008 at 7:06 am

Merrill Lynch has made a key reversal call in the conglomerate sector.  It has raised General Electric (NYSE: GE) to Buy from Neutral, and it has downgraded 3M (NYSE: MMM) ...
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FedEx Guidance Basis Not Welcomed (FDX)

Posted: March 20, 2008 at 6:57 am

FedEx Corp. (NYSE: FDX) has just posted earnings of $1.26 EPS on 9.44 Billion in revenues, while First Call had estimates at $1.23 EPS on $9.148 Billion in revenues.FedEx's guidance ...
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AMD (AMD) May Be Cutting More Staff

Posted: March 20, 2008 at 6:47 am

The Inquirer is reporting that AMD (NYSE: AMD) is cutting 5% more of its staff.This may be an indication that the chip company will miss its numbers for the first ...
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Iomai and Pandemic Avian Flu Vaccine (IOMI)

Posted: March 20, 2008 at 6:45 am

Iomai Corp. (Nasdaq: IOMI) is one of the interesting microcap stocks in the biotech sector with a government twist to its avian flu program.  The company has announced positive interim ...
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Top 10 Pre-Market Analyst Calls (ABT, MO, AMGN, CRME, FNM, FRE, IBN, PNRA, SNDK, ZMH)

Posted: March 20, 2008 at 6:28 am

These are the top analyst calls we are focusing on early this Thursday morning in pre-market trading:Abbott Laboratories (NYSE: ABT) Raised To Outperform at Wachovia.Altria (NYSE: MO) started as Buy ...
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Europe Markets 3/20/2008 (BP)(SI)(ALU)(AXA)

Posted: March 20, 2008 at 6:06 am

Markets in Europe were off modestly at 7 AM New York time.The FTSE was down .6% to 5,512. BP (BP) was down 1.9% to 505. British Air was up 3.9% ...
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Oil Won’t Come Down

Posted: March 20, 2008 at 5:51 am

Under most circumstances, a drop in demand in the US would bring oil prices down some. The recession should cut the amount of oil consumed here as drivers, airlines, and ...
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Clear Channel (CCU): Another Buy-Out Heads To Trash Bin

Posted: March 20, 2008 at 5:33 am

Thomas H. Lee and Bain Capital agreed to buy broadcast company Clear Channel (CCU) for $39.20 a share. As usual, several banks are putting up most of the money, an ...
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Dell (DELL) Buys More Parts In China, Flatters The Locals

Posted: March 20, 2008 at 5:22 am

Dell (DELL) announced that it will buy $23 billion of components in China this year, up 28% from last year. None other than Michael Dell himself said "China is one ...
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The Wheels Come Off In The Airline Industry (DAL)(UAUA)

Posted: March 20, 2008 at 5:10 am

Forget about mergers. The US airline industry just has to stay afloat. Rising fuel costs and a recession that will keep people off airplanes like a SARS epidemic have hit ...
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Another Delay From Boeing (BA) As Company Loses Credibility

Posted: March 20, 2008 at 5:00 am

No wonder the Air Force rewarded its tanker contract to Northrop Grumman (NOC) and EADS instead of Boeing (BA). The US airplane maker can't deliver products on time. According to ...
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The Ostrich Farm: Detroit’s Trouble Gets Worse (F)(GM)(TM)

Posted: March 20, 2008 at 4:45 am

When the most powerful company in an industry says it won't makes it numbers, the ripples are bound to look like storm-driven waves. Toyota (TM), for so long certain that ...
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