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Daily Archives: April 28, 2008

Warren Buffett Calls Recession (BRK.A, BRK.B)

Posted: April 28, 2008 at 7:57 am

Warren Buffett of Berkshire Hathaway (NYSE: BRK.A, BRK.B) has been on CNBC this morning discussing his Wrigley's bid this morning.  Interestingly enough this interview was more of a general discussion ...
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Sycamore Sicker-More (SCMR)

Posted: April 28, 2008 at 7:40 am

Sycamore Networks (NASDAQ: SCMR) is showing the risks of being a small technology company with the bulk of orders coming from a few companies.  The bandwidth management solutions company has ...
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Kerkorian Steps Into Ford (F)

Posted: April 28, 2008 at 7:05 am

Kirk Kerkorian, billionaire and elder statesman of takeovers, said he will make a tender offer for another 20 million shares of Ford (F). The price will be $8.50 a share.His ...
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Quiet Period Ends: Visa Analysts Unleash The Hounds (V)

Posted: April 28, 2008 at 7:00 am

The quiet period has ended for Visa Inc. (NYSE: V) after its IPO.  The underwriters have thus initiated their coverage ratings this morning on the credit card payment processing company.  ...
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A Sunny Report From Verizon (VZ)

Posted: April 28, 2008 at 6:41 am

Verizon (VZ) had a quarter which indicated that no matter what is wrong with the economy people are still subscribing to cellular service.Revenue at the phone company rose 5.5% to ...
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Top 10 Pre-Market Analyst Calls (BIG, CSH, CS, ERIC, GT, MRVL, MMR, MNTA, NTRS, PCZ)

Posted: April 28, 2008 at 6:33 am

These are ten of the top analyst calls we see affecting shares in pre-market indications this Monday morning:Big Lots (NYSE: BIG) Raised to Overweight from Neutral at JPMorgan.Cash America (NYSE: ...
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OPEC Chief Looks To $200 Oil

Posted: April 28, 2008 at 5:02 am

The head of OPEC says that he can see oil hitting $200. OPEC's President Chakib Khelil refuses to blame supply. His theory is that the price of the dollar is ...
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Buffett + Chocolate = Gum

Posted: April 28, 2008 at 4:46 am

The Oracle of Omaha and Mars, the big privately-held chocolate company, will buy gum concern Wrigley (WWY) for $22 billion. The price is a 27% premium over where Wrigley traded ...
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No Fed Rate Cut Ahead

Posted: April 28, 2008 at 4:29 am

In what may be the last great act of his presidency, George Bush is sending many Americans tax rebates. The checks begin to go out today. Some households may get ...
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Media Digest 4/28/2008 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: April 28, 2008 at 2:41 am

According to Reuters, oil price moved toward $120 on fear for supply interruptions.Reuters writes that Chrysler is trying to sell two of its North American plants.Reuters reports that many Wall ...
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Asia Markets 4/28/2008 (LFC)(SNP)

Posted: April 28, 2008 at 2:20 am

Markets in Asia were mixed.The Nikkei rose .2% to 13,894. Kyorcera rose 6% to 9440. Mazda rose 7.9% to 465.The Hang Seng rose .2% to 25,679. China Life (LFC) fell ...
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