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Daily Archives: April 3, 2008

Europe Markets 4/3/2008 (BCS) (AXA)

Posted: April 3, 2008 at 5:57 am

Markets in Europe were slightly lower at 6.50 AM New York time.The FTSE was off .4% to 5,895. Barclays (BCS) was off 2.9% to 489.5. British Air was down 3% ...
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RIM (RIMM)’s Blackberry: What’s Cheap Still Sells

Posted: April 3, 2008 at 5:48 am

Go to an AT&T (T) store. You can still get a Blackberry from Research In Motion (RIMM) for under $300, especially if you press the guy behind the desk.Blackberry had ...
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Justice For Countrywide (CFC)?

Posted: April 3, 2008 at 5:31 am

A federal judge has approved an investigation into the lending practices of Countrywide (CFC). The mortgage company may have, among other things, charged borrowers large, unjustified fees. That was after ...
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Concern About Bond Defaults Signal Financials Not Out Of The Woods

Posted: April 3, 2008 at 5:15 am

The bets that companies will default on their debts is rising. Financials which own junk bonds or have financed junk deals will be on the hook. One S&P executive told ...
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Live Nation (LYV) Signs Jay-Z And A Major Headache

Posted: April 3, 2008 at 4:56 am

Live Nation (LYV) is about to sign over $150 million to rapper and serial business start-up master Jay-Z. For the privilege the NYSE listed company gets a piece of all ...
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ATA Airlines: Another Bankruptcy

Posted: April 3, 2008 at 4:36 am

At Aloha Airlines the reason for Chapter 11 was high fuel costs and too much competition. Overnight ATA Airlines went into bankruptcy because it lost a key military contract. As ...
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Media Digest 4/3/2008 Reuters, WSJ, NYTimes, FT, Barron’s

Posted: April 3, 2008 at 2:50 am

According to Reuters, The Treasury said that regulators saved Bear Stearns (BSC) to help the markets.Reuters writes that Sony (SNE) will cut costs and boost order to fight the strong ...
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Asia Markets 4/3/2008 LFC, SNP

Posted: April 3, 2008 at 2:24 am

Markets in Asia rose.The Nikkei was up 1.5% to 13,390. Hitachi was down 1.9% to 613. KDDI was up 3.7% to 6444000,The Hang Seng rose 1.8% to 24,278. China Life ...
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