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Monthly Archives: May 2008

Kerkorian’s Folly: Putting Money Into Ford (F)(GM)(MOT)(BBI)(YHOO)(MSFT)

Posted: May 31, 2008 at 6:59 pm

Kirk Kerkorian may be able to join Carl Icahn as a billionaire who has taken a lot of mad gambles recently. According to Reuters, "Kerkorian's investment vehicle Tracinda Corp said ...
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Our Man Greenspan: On The “Bubble” Watch

Posted: May 31, 2008 at 6:27 pm

Alan Greenspan has frightened away the specter of economic "bubbles." He spoke and the economy must obey.According to Reuters, the former Fed head said "he does not expect another "bubble" ...
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Pension Funds Find Another Way To Lose Money

Posted: May 31, 2008 at 6:19 pm

Pension funds are outstanding when it comes to losing money. Tired of the old ways of just putting money into stocks and bonds, they now invest in private equity, venture ...
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Tivo (TIVO): More Trouble It Can’t Afford (DISH)(SATS)

Posted: May 31, 2008 at 6:10 pm

Tivo (TIVO) was such a promising consumer electronics start-up. The firm owned the digital video recorder business and then that was taken away from it by the cable companies, satellite ...
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This week on Stockhouse May 26 – 30

Posted: May 31, 2008 at 6:01 pm

Wall Street started a short week off with a bang, as U.S. stocks rose Tuesday on upbeat new home sales data and falling oil prices. Wednesday saw better-than-expected durable goods ...
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Kodak (EK): Inflation In a Tea Cup

Posted: May 31, 2008 at 5:59 pm

CSX (CSX) is raising freight rates. So is Burlington Northern (BNI). Their diesel costs are up, and they need to pass them on to customers. Dow Chemical (DOW) said it ...
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2008 to 2009: The Major Inflation Years (DOW, DD, HUN, EK, POT)

Posted: May 31, 2008 at 11:30 am

This week set one specific outcome in motion: price hikes equals inflation.  We saw several major producers announce price hikes, and that is on the heels of other price hikes ...
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Apple (AAPL) iPhone Loses Share, RIM (RIMM) Gains

Posted: May 31, 2008 at 5:18 am

It may be the first bad news ever about the Apple (AAPL) iPhone, It is certainly good for RIM (RIMM), the maker of the Blackberry, According to research firm IDC, ...
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Eastman Kodak Tries Price Hikes, Good Luck (EK)

Posted: May 30, 2008 at 3:51 pm

Eastman Kodak Co. (NYSE: EK) announced today that it will increase prices on certain consumable products by up to 20%.  You can guess the reason: soaring materials costs and the ...
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The 52-Week Low Club (JBLU)(UAUA)(BC)

Posted: May 30, 2008 at 2:38 pm

US Air (LCC) Airline breaks of talks with United (UAUA) and stock runs down to $4 from 52-week high of $36.81.Brunswick Corporation (BC) Concerns about boating business and downgrade earlier ...
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Why The Reuters/University Of Michigan Consumer Poll Is Hogwash

Posted: May 30, 2008 at 10:28 am

The Reuters/University of Michigan Surveys of Consumers said the final reading in May for its index of confidence fell to 59.8 from April's 62.6. According to Reuters, "May's reading was ...
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JetBlue Sees Pressure From Convertible Debt (JBLU)

Posted: May 30, 2008 at 8:32 am

Shares of JetBlue Airways Corporation (NASDAQ: JBLU) are seeing some extra pressure this morning after the company announced the pricing of a previously announced convertible debt offering of 5.5% convertible ...
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Oil & Gas Upgrades & Downgrades on Wall Street (HES, SUN, TSO, MRO, VLO, BRY, SWN)

Posted: May 30, 2008 at 7:32 am

We've seen several analyst calls on Wall Street this morning out of the oil patch, and here are some of the key calls:Hess (NYSE: HES), Sunoco (NYSE: SUN), and Tesoro ...
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It Takes Two to Contango (ICE, NMX)

Posted: May 30, 2008 at 7:13 am

In the last week or so, everybody seems to have weighed in with an opinion on whether or not speculation is responsible for the rapid recent rise in crude oil ...
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Top 10 Pre-Market Analyst Calls (ADCT, ANN, ASH, ASMI, CLHB, COST, IDTI, JCG, MRVL, NDAQ)

Posted: May 30, 2008 at 7:01 am

These are ten of the analyst calls we are focusing on this Friday morning:ADC Telecom (NASDAQ: ADCT) raised to Overweight at JPMorgan.AnnTaylor (NYSE: ANN) raised to Outperform at FBR.Ashland (NYSE: ...
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