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Daily Archives: May 1, 2008

Shutterfly (SFLY): A Death Rattle From Web 2.0

Posted: May 1, 2008 at 9:56 am

Shutterfly (SFLY) calls itself an Internet-based social expression and personal publishing service. In reality, it is a simple online photo storage, swapping, and printing service.No matter what it is, the ...
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More Ups & Downs in the Oil Patch (APA, MRO, GLF, BP)

Posted: May 1, 2008 at 9:40 am

Apache Corp. (NYSE:APA) reported net income of $1.02 billion and $3.03 EPS for the first quarter of 2008, more than double same period results for 2007 of $492 million and ...
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Las Vegas Sands (LVS): The Wages Of Sin Get Expensive

Posted: May 1, 2008 at 8:53 am

Divide the chips as you will. Las Vegas Sands (LVS) had a pitiful quarter. Revenue rose from $628 million to $1.079 billion. The good news ended there.Operating income fell from ...
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JDSU (JDSU) Enterprise Broadband Spending Stays Down

Posted: May 1, 2008 at 8:42 am

It is the age of broadband, but no one could tell that from the results of companies which supply equipment to the broadband suppliers like cable and telecom firmsJDSU (JDSU), ...
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Higher Utility Bills Coming; Rate Relief Filed (FE, CHG, AEE, AYE, GAS)

Posted: May 1, 2008 at 8:32 am

While many utilities are reporting earnings, there is one thing that many investors will care about more than each company's results.  It seems that utilities across the board are filing ...
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Home Depot (HD) Retreats

Posted: May 1, 2008 at 8:27 am

In a move that has probably never happened in its history, Home Depot (HD) will close 15 stores. It will also cancel the opening of another 50 locations.According to the ...
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52-Week Low Alert: iRobot; iWarning; iCFO Exit (IRBT)

Posted: May 1, 2008 at 8:09 am

iRobot Corp. (NASDAQ: IRBT) shares are seeing their share of sellers today.  The company posted a loss of -$0.16 EPS on $57.3 million in revenues, while First Call estimates were ...
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Apple (AAPL) iTunes Means To Murder DVDs

Posted: May 1, 2008 at 7:42 am

Apple (AAPL) plans to release major movie titles on iTunes as the same time they come out on DVD. That is while the DVD business is still around.According to The ...
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Top 10 Pre-Market Analyst Calls (NLY, CTV, ENDP, FSLR, HOV, JNY, OIIM, PDGI, V, YUM)

Posted: May 1, 2008 at 7:24 am

These are not all of the analyst calls affecting shares but these are ten that we are focused on this Thursday morning:Annaly Mortgage (NYSE: NLY) cut to Hold at Citigroup.CommScope ...
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Exxon (XOM) Sinks

Posted: May 1, 2008 at 7:18 am

Wall St. didn't think much of Exxon's (XOM) earnings. That is odd because the company made an obscene $10.9 billion. The stock is off over 2%.The oil company's earnings for ...
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Comcast (CMCSA) Keep Pressure On Phone Company

Posted: May 1, 2008 at 6:21 am

Comcast (CMCSA) had a very good quarter, and did especially well taking phone customers from its Bell rivals.Revenue was up 14% to 8.389 billion. Operating income moved up 23% to ...
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Can The Economy Recover Without Detroit?

Posted: May 1, 2008 at 5:54 am

Detroit is now viewed as a metaphor for the car industry in the US, even if GM (GM) and Ford (F) are the only public companies based there. For purposes ...
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Europe Markets 5/1/2008 (BHP)(VOD)(SI)(ALU)

Posted: May 1, 2008 at 5:38 am

Markers in Europe were modestly higher at 6.30 AM New York time.The FTSE rose .1% to 6,092. BHP Billiton (BHP) was up 2.8% to 1851. Vodafone (VOD) was off 1.5 ...
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Cutting The Price Of XBox, PS3, and Wii (MSFT)(SEN)

Posted: May 1, 2008 at 5:20 am

With a recession in full swing, Microsoft (MSFT), Sony (SNE), and Nintendo may have to cut the prices of the Xbox 360, Wii, and PS3. At least that is what ...
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Ebay (EBAY) Tries To Knife Craigslist

Posted: May 1, 2008 at 5:04 am

Online classifieds company Craigslist has tremendous goodwill among those who use the internet. It does not even charge for most of its listings. It is more a charity than a ...
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