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Daily Archives: April 16, 2008

Why Northwest Air (NWA) Is In Trouble

Posted: April 16, 2008 at 9:41 am

Investors should hope that airlines will do what they can to keep business. Northwest Airlines (NYSE: NWA) seems to want to do the opposite.I tried to get a ticket for ...
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Canpotex Owners Surge On Potash Price Hikes For China (POT, MOS, AGU, MOO)

Posted: April 16, 2008 at 8:20 am

There was a significant agreement out of Canada between it and China, via Canpotex (Canadian Potash Exporters).  Canpotex is the world's largest exporter of potash.  Canpotex announced potash price increases ...
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Financial Earnings Winners & Losers (BLK, JPM, NITE, MER, WFC)

Posted: April 16, 2008 at 7:52 am

BlackRock, Inc. (NYSE: BLK) posted a 25% gain in earnings, but reported $1.90 EPS versus $2.00 estimates; Assets under management are now $1.364 Trillion.  Shares are trading down by 2% ...
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News Corp (NWS) MySpace: Taking Failed Model Abroad

Posted: April 16, 2008 at 7:34 am

Fox Interactive, the online division of News Corp (NWS), will miss its numbers. A few of the marketing executives there lost there jobs. It would seem that the primary culprit ...
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Top 10 Pre-Market Analyst Calls (MO, HLF, ITT, M, MCK, NTRI, PM, SLM, STT, YGE)

Posted: April 16, 2008 at 6:54 am

These are 10 of the top calls that 247WallSt.com is looking at this morning:Altria (NYSE: MO) cut to Neutral at JPMorgan.Herbalife (NYSE: HLF) started as Overweight at Lehman Brothers.ITT Industries ...
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JP Morgan (JPM) Hits A Slump

Posted: April 16, 2008 at 6:18 am

JP Morgan (JPM) took some big write-offs which dropped its profits well below the same quarter last year.The bank 2008 first-quarter net income of $2.4 billion, compared with record net ...
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Europe Markets 4/16/2008 (BCS)(SI)(ALU)(FTE)

Posted: April 16, 2008 at 5:40 am

Markets in Europe were modestly higher at 6.35 AMThe FTSE rose .7% to 5,948. Barclays (BCS) was up 2.9% to 462. BA was up 2.6% to 214.The DAXX rose .4% ...
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Microsoft (MSFT): Lending Money To Improve Revenue

Posted: April 16, 2008 at 5:34 am

Microsoft (NASDAQ: MSFT) has come up with a canny way to increase its revenue during a recession. It will loan companies money to buy its software. Redmond has always had ...
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Venezuela Oil Tax: Another Reason For Crude To Rise

Posted: April 16, 2008 at 5:15 am

Venezuela president-for-life and dissociative identity disorder diagnosed Hugo Chavez will raise a new tax on excess oil profits for crude found and refined in his "republic". According to The Wall ...
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Merrill Lynch (MER) Write-Offs: The Economic Crisis Is No Longer Behind Us

Posted: April 16, 2008 at 4:58 am

Mack of Morgan Stanley (NYSE: MS) and Fuld of Lehman (NYSE: LEH) have both expressed the opinion that the worst of the Wall St. earnings crisis may now be in ...
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Inflation Up 8.1% In China, 3.6% In Europe: Multi-Year Highes

Posted: April 16, 2008 at 4:41 am

Inflation in Europe rose 3.6% in March, the highest rate in 16 years. In China, inflation moved up 8.1%. According to The Wall Street Journal, the Communist government's target was ...
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Media Digest 4/16/2008 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: April 16, 2008 at 2:52 am

According to Reuters,  US senator Charles Schumer has asked the SEC to look at conflicts of interest at bond rating firms. Reuters writes that Washington Mutual (WM) are in favor ...
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Asia Markets 4/16/2008 (SNE)(DCM)(CN)(SNP)

Posted: April 16, 2008 at 2:21 am

Markets in Asia were mixedThe  Nikkei rose 1.2% to 13,146. Docomo (DCM) was down 1.3% to 151000. Sony (SNE) was up 3.5% to 4190.The Hang Seng rose .2% to 23,952. ...
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