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Daily Archives: March 25, 2008

MoneyGram Recapitalizes.. What’s Left? (MGI, GS)

Posted: March 25, 2008 at 5:07 pm

MoneyGram International, Inc. (NYSE: MGI) has completed its recapitalization that was led by affiliates of Thomas H. Lee Partners and Goldman Sachs (NYSE: GS).  Here is a breakdown of how ...
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24/7 Wall St. Exclusive Interview With Steve Ballmer, CEO Of Microsoft

Posted: March 25, 2008 at 11:54 am

24/7 Wall St. had a chance to interview Steve Ballmer, CEO of Microsoft (NASDAQ: MSFT) on a few subjects including why some large companies were late to the search business, ...
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T. Boone Pickens, Back to Higher Oil Prices on CNBC (CLNE)

Posted: March 25, 2008 at 10:46 am

Legendary oil investor and magnate T. Boone Pickens has been on CNBC this morning making comments on the current oil environment and current pricing.  As far as his prior call ...
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Consumer Confidence, Bad & Getting Worse

Posted: March 25, 2008 at 9:15 am

The Conference Board's Consumer Confidence Index has just posted another large decline.  The March readings came in at 64.5, which is well under what we had listed as 73.0 consensus ...
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Goldman Sachs SPAC IPO: Liberty Lane Acquisition Corp. (GS, MFW, LKQX, TMO)

Posted: March 25, 2008 at 8:40 am

Liberty Lane Acquisition Corp., another special purpose acquisition company, or SPAC, has filed to come public via an initial public offering of $350 million in units.  Each unit will come ...
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Monsanto Raises Guidance, Right Ahead of Earnings (MON, MOO)

Posted: March 25, 2008 at 8:04 am

Monsanto (NYSE: MON) has just raised its guidance for earnings per share and for free cash flows.  The company is now projecting $3.15 to $3.25 EPS for fiscal-2008 targets, up ...
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Goldman Sachs, Electronic Arts & Conviction Buy (ERTS, TTWO)

Posted: March 25, 2008 at 7:36 am

Goldman Sachs is making an aggressive call on Electronic Arts, Inc. (NASDAQ: ERTS) in the video game sector this morning. The brokerage firm has added Goldman Sachs to its CONVICTION ...
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Junk Market Worst Since 1985, Down $35 Billion

Posted: March 25, 2008 at 7:32 am

JP Morgan estimates that junk bonds have lost almost 4% of their value since the beginning of the year, or $35 billion. The largest losses are at OppenheimerFunds, Fidelity, and ...
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Analyst Sees 100%+ Upside In Many Solar Stocks (ENER, ESLR, FSLR, SPWR, STP)

Posted: March 25, 2008 at 7:16 am

Lazard Capital Markets' Sanjay Shrestha, who covers alternative energy and infrastructure for the firm, has come out and maintained his Buy ratings on many key solar stocks this morning.  The ...
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Goldman Sachs Seriously Pans Sirius (SIRI, XMSR)

Posted: March 25, 2008 at 6:53 am

It seems that Goldman Sachs is sticking by its negative call in Sirius Satellite Radio (NASDAQ: SIRI), except that the call went from cautious to very negative in tone.  Goldman ...
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Top 10 Pre-Market Analyst Calls (COF, CI, CS, GPS, THQI, TIF, UNH, WBD, YHOO, ZUMZ)

Posted: March 25, 2008 at 6:21 am

These are the top analyst upgrades and downgrades that 247WallSt.com is focusing on in pre-market trading this Tuesday morning:Capital One (NYSE: COF) downgraded to Underperform at FBR.CIGNA (NYSE: CI) raised ...
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Microsoft (MSFT) Looks To Big Gains In Wireless OS

Posted: March 25, 2008 at 5:28 am

Microsoft (NASDAQ: MSFT) is predicting that the number of smartphones will move up to 400 million handsets in the next three years. It expects that its share of mobile operating ...
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GE (GE) May Buy Fifty Boeing (BA) 737s

Posted: March 25, 2008 at 5:22 am

GE (NYSE: GE) is considering buying up to fifity Boeing (NYSE: BA) 737 jets to lease to airlines. According to Bloomberg "The order may be valued at as much as ...
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Bank Of China Takes $1.8 Billion Write-Down

Posted: March 25, 2008 at 5:13 am

According to Bloomberg, Bank of China "posted the smallest second-half profit gain among the nation's 14 publicly traded lenders after writing down $1.3 billion of subprime mortgage investments."Douglas A. McIntyre ...
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Sirius (SIRI) And XM Satellite (XMSR): Let The Dead Bury The Dead

Posted: March 25, 2008 at 4:58 am

The Department of Justice has now cleared the deal for Sirius (NASDAQ: SIRI) to merge with XM Satellite Radio (NASDAQ: XMSR). The reaction was muted. Sirius stock rose to $3.15. ...
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