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Daily Archives: May 2, 2008

Warren Buffett: A Media & Watcher’s 360 Review Into Annual Meeting (BRK.A, BRK.B, C, WWY)

Posted: May 2, 2008 at 1:27 pm

Everyone loves covering Warren Buffett, rain or shine.  His long-term shareholders love him, the media follows his every move, and everyone on Wall Street either cares about his potential next ...
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Sun Microsystems (JAVA): A Letter To James Barksdale, Kenneth Oshman, And Anthony Ridder

Posted: May 2, 2008 at 12:12 pm

While it may be a foregone conclusion, it is time for Jonathan Schwartz to leave as the CEO of Sun Microsystems (NASDAQ: JAVA). He has done absolutely nothing for the ...
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Sirius & XM See Result From FCC Letter… Is Approval Any Closer? (SIRI, XMSR)

Posted: May 2, 2008 at 8:36 am

Shares of both Sirius Satellite radio (NASDAQ: SIRI) and XM Satellite Radio (NASDAQ: XMSR) are trading higher in pre-market trading today.  You could say it is the market, but it ...
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Up & Down the Oil & Energy Patch (CVX, DUK, PTEN, PXD, MUR)

Posted: May 2, 2008 at 8:11 am

Chevron Corporation (NYSE:CVX) reported earnings of $5.17 billion and $2.48 EPS for the first quarter of 2008.  First Call had estimates at $2.41 EPS. This compared with $4.72 billion and ...
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Investools Hit By Double Whammy (SWIM)

Posted: May 2, 2008 at 7:42 am

Investools Inc. (NASDAQ: SWIM) is under serious fire this morning from traders.  The company posted net income of $0.17 EPS, but First Call was at $0.21 EPS.  This is on ...
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April Unemployment Classified as “Less Bad”

Posted: May 2, 2008 at 7:37 am

The Labor Department just released the April 2008 unemployment numbers.  While these are negative, they aren't as bad as estimates.The unemployment rate came in at 5.0% versus estimates we had ...
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Is the Viacom Turnaround Afoot? (VIA, CBS)

Posted: May 2, 2008 at 7:21 am

Viacom Inc. (NYSE: VIA) posted earnings of $0.44 EPS on $3.12 Billion in revenues. First Call consensus estimates were $0.41 EPS and $2.97 Billion on revenues.This shows that revenues rose ...
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Ford (F) To Sell Volvo And Mercury?

Posted: May 2, 2008 at 7:19 am

Jerry York, henchmen for Kirk Kerkorian, has told Automotive News that it is time for Ford (F) to dump Volvo and Mercury. The former car exec said that the No.2 ...
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Top 10 Pre-Market Analyst Calls (AGN, SCOR, BOOM, EQ, GPS, HRC, JWN, MORN, PCLN, RSH)

Posted: May 2, 2008 at 6:55 am

These are ten of the analyst calls we see impacting shares this Friday morning:Allergan (NYSE: AGN) cut to Hold at Jefferies.ComScore (NASDAQ: SCOR) raised to Outperform at Oppenheimer.Dynamic Materials (NASDAQ: ...
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Europe Markets 5/2/2008 (SI)

Posted: May 2, 2008 at 5:36 am

Markets in Europe were rallying at 6.30 AMThe FTSE was up 1.1% to 6,151 Cadbury was up 8.7% to 630. Prudential was up 3.4% to 721.The DAXX rose 1.2% to ...
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Bond-Holders At Countrywide (CFC) Sweet The Buy-Out

Posted: May 2, 2008 at 5:19 am

Bond-holders who own debt in Countrywide (CFC) have assume that Bank of America (BAC) would take those obligations on and that they would get paid out. Maybe not.According to Bloomberg. ...
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Utilities And Commodities Prices Kill Alternative Cars: The Coal-Powered Auto

Posted: May 2, 2008 at 5:10 am

Owning one of those new cars that runs on ethanol or electricity may be more expensive than the old-school gas versions, even if petrol stays at $3.50 a gallon. The ...
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Wal-Mart (WMT) Pushes The Wii Fit For Mom’s Day: Call A Doctor

Posted: May 2, 2008 at 4:58 am

Wal-Mart (WMT) has decided Mom does not want flowers or candy this year. It is aggressively marketing the new Nintendo Wii Fit as a way to pull reluctant and impoverished ...
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Yahoo!’s (YHOO) Failures Now Drive Its Value

Posted: May 2, 2008 at 4:47 am

Trying to make sense of all the rumors about Microsoft (MSFT) buying Yahoo! (YHOO) and Yahoo! making a search deal with Google (GOOG) is senseless.. Only three or four people ...
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Dow 14,000: A Rally For The Ages (AAPL)(CAT)(MSFT)

Posted: May 2, 2008 at 4:34 am

As hard as it may be to believe, the Dow is withing 200 points of where it was a year ago, and above where it was last August. There is ...
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