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Daily Archives: April 6, 2008

An AMR (AMR) Bankruptcy: The Perversion Of The Airline Industry

Posted: April 6, 2008 at 6:22 pm

In all industries staying out of Chapter 11 is a badge of honor. The sole exception to that is the airline business where bankruptcy is embedded in the culture like ...
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24/7 Wall St. Audience Increases 77% In March

Posted: April 6, 2008 at 5:21 pm

According to audience measurement firm Compete, 24/7 Wall St's audience moved up 77% to 150,000 visitors. Over the last year, the websites visitors are up 228%.We appreciate the support from ...
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Why No One Wants Delphi?

Posted: April 6, 2008 at 3:59 pm

When Appaloosa Management pulled out a $2.55 billion equity deal to support Delphi in its exit from Chapter 11 the reason given was that an increasing investment by GM (GM) ...
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Nvidia (NVDA) Falls Off The Map

Posted: April 6, 2008 at 3:31 pm

Over the last three months, shares of Nvidia (NASDAQ: NVDA) have dropped almost 40%. Chipmakers AMD (NYSE: AMD) and Intel (NASDAQ: INTC) have traded fairly flat over the same period.AMD ...
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How Bad Could Yahoo!’s (YHOO) Quarter Be?

Posted: April 6, 2008 at 7:34 am

Jerry Yang and other Yahoo! (NASDAQ: YHOO) management have said that the portal company will make its forecasts for Q1 08. But, those numbers fall within a range and are ...
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Take-Two’s (TTWO) “Grand Theft Auto IV” Sales May Take Stock Above Electronics Arts (ERTS) Bid

Posted: April 6, 2008 at 7:01 am

Electronic Arts (NASDAQ: ERTS) has been trying to get investors in Take-Two Interactive NASDAQ:(TTWO) to view its takeover bid of $26 a share as the best deal in town. TTWO ...
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Russia/Eurasia Fund IPO Withdrawn, After More Than 10 Years (BEN, TRF, TDF)

Posted: April 6, 2008 at 6:44 am

Late Friday there was an interesting form "RW" filed with the SEC for a "withdrawn securities registration."  There was an original filing to bring Templeton Russia/Eurasia Fund public via an ...
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SPAC IPO FILING: CR Acquisition Corp.

Posted: April 6, 2008 at 6:05 am

CR Acquisition Corp. is another special purpose acquisition company, or SPAC, that has filed on Friday after the market close to come public via an initial public offering of $150,000,000 ...
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OPEC: No Meeting Before Septemeber

Posted: April 6, 2008 at 6:04 am

If the US government is counting on help from OPEC, the can forget it. The current Administration has gone to the desert on hand and knee and begged for an ...
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Greenspan, Behind The Times, Sees 50%+ Risk Of Recession

Posted: April 6, 2008 at 5:44 am

If Alan Greenspan was a visionary at any point in his life, those days are behind him. According to Reuters, the aging former Fed chairman says there is more than ...
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