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Daily Archives: April 21, 2008

Motorola Tries To Find Shinola in Virtualization (MOT)

Posted: April 21, 2008 at 9:31 am

Motorola, Inc. (NYSE: MOT) is making an investment through Motorola Ventures, which is its strategic venture capital arm.  The company has decided to go after the virtualization field and has ...
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Micron Sending Out $550 Million For DRAM J-V (MU)

Posted: April 21, 2008 at 8:39 am

Micron Technology, Inc. (NYSE: MU) has entered into a joint venture today with Nanya Technology Corporation.  This new JV will be called MeiYa Technology Corporation.  This is not an easy ...
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Intel (INTC) Masses WiMax Forces In Taiwan

Posted: April 21, 2008 at 8:14 am

Intel (INTC) may try to make a WiMax invasion of mainland China using Taiwan as its starting point.The big US chip company said it will put $500 million into building ...
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Jefferies Saves Miserable Quarter With Financing Package (JEF, LUK)

Posted: April 21, 2008 at 7:12 am

Jefferies Group, Inc. (NYSE: JEF) has posted some ugly earnings this morning and it has announced a financing package.  Jefferies posted a net loss of $60.5 million, or -$0.43 EPS ...
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Goldman Sachs Sticks Sell on GameStop (GME)

Posted: April 21, 2008 at 6:50 am

GameStop Corp. (NYSE: GME) has seen shares downgraded at Goldman Sachs this morning.  The brokerage firm cut its already cautious Neutral rating down to a new Sell target.  The stock ...
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Top 10 Pre-Market Analyst Calls (CAT, CRUS, EQ, HCCI, MAR, MTG, PPC, R, SLB, WFC)

Posted: April 21, 2008 at 6:20 am

These are not the only calls that will be impacting stocks, but these are the initial calls that 247WallSt.com is focusing on this Monday morning:Caterpillar (NYSE: CAT) Cut to Neutral ...
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Auction-Rates, The Martin Act, And Wall St.’s Next Disaster

Posted: April 21, 2008 at 5:40 am

There is no law on the books anywhere in the US to rival The Martin Act for giving prosecutors a big stick. As one expert on the breadth of 1930s ...
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Europe Markets 4/21/2008 (BHP)(VOD)

Posted: April 21, 2008 at 5:19 am

Europe markets are narrowly mixed at 6.15 AM.The FTSE is up .2% 6,066. BHP (BHP) was up 2.5% to 1835. Vodafone (VOD) is down 2.3% to 152.4.The DAXX is down ...
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Is Boeing (BA) Dreamliner Delayed Again

Posted: April 21, 2008 at 5:05 am

Perhaps it is a rumor and perhaps not. German magazine Focus has reported that the launch of the Boeing (BA) Dreamliner will be delayed another six months into 2010. The ...
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Circuit City (CC) Should Buy Blockbuster (BBI): The Pac-Man Defense

Posted: April 21, 2008 at 4:56 am

One the way to buying Circuit City (CC), Blockbuster (BBI) found out it may not have the money to close a deal. Its big shareholder Carl Icahn might help and ...
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As NCC (NCC) Raises Money, Bank Shareholders Shafted Again

Posted: April 21, 2008 at 4:39 am

NCC (NCC) was one of those banks that decided the mortgage business was simply an outstanding way to make money. The price of homes and commercial buildings would rise at ...
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Viacom (VIA) Movie Deal Wrecks CBS (CBS) Prospects

Posted: April 21, 2008 at 4:29 am

The torpedoes from Viacom (VIA) ran true and have hit CBS (CBS) right in the boiler room. One of Sumner Redstone's companies is out to get the other. Fratricide at ...
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Media Digest 4/21/2008 Reuters, WSJ, NYTimes, FT, Barron’s

Posted: April 21, 2008 at 2:53 am

According to Reuters, National City (NCC) will raise as much as $7 billion.Reuters writes that Viacom (VIA) will launch a pay TV channel to compete with Time Warner's (TWX) HBO. ...
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Asia Markets 4/21/2008 (HMC)(SNE)(LFC)(PTR)

Posted: April 21, 2008 at 2:30 am

Most markets in Asia were up.The Nikkei rose 1.6% to 13,697. Canon was up 6.1% to 5380. Honda (HMC) was up 8.8% to 3330. NEC was up 7.3% to 468. ...
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