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Daily Archives: May 7, 2008

52-Week Low Club (AGN, WTR, CTB, ISLE, LPSN, OPTT, SGIC, SNCR)

Posted: May 7, 2008 at 2:50 pm

Today turned out being an ugly day, but there were many stocks that fell sharply to new 52-week lows all on their own without help from the market working against ...
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CurrencyShares ETF Launch: Russia, South Africa, Singapore, Hong Kong

Posted: May 7, 2008 at 11:31 am

Rydex Investments has filed to launch 4 new CurrencyShares platforms. These platforms will allow traders and investors to purchase “Baskets” for the specific currency. Therefore, the share price of each ...
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Will Productivity Gains Boost Layoffs?

Posted: May 7, 2008 at 11:15 am

This morning was strange on the economic number cycle as far as firstquarter worker productivity is concerned.  The Labor Departmentreleased a figure of non-farm business worker productivity measured asper-hour output ...
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CEOs Who Don’t Get Out Often Enough, And Some Who Do

Posted: May 7, 2008 at 9:47 am

The hallmark of some of the most successful companies over the last fifty years is that the CEOs spent a great deal of their time with customers and at company ...
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Can Synchronoss Really Blame iPhone For Its Woes? (SNCR, AAPL, T)

Posted: May 7, 2008 at 9:07 am

Synchronoss Technologies Inc (NASDAQ: SNCR) looks now like it will be one of the worst seen earnings moves of popular companies in all of this earnings season.  The outsourced device ...
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Regenerx Looks To Boost Liquidity Via Offering (RGN)

Posted: May 7, 2008 at 8:37 am

REGENERX BIOPHARMACEUTICALS, INC. (AMEX: RGN) filed for a secondary offering late yesterday to sell some $60 million in a secondary offering of stock and warrants.Its fully diluted market cap on ...
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IPO Withdrawal: Harry & David

Posted: May 7, 2008 at 7:58 am

Harry & David Holdings, Inc. has withdrawn the company’s IPO Filing registration statement and all related exhibits.The current climate is being blamed for the IPO withdrawal: ".....the Registration Statement has ...
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Secondary Offering Weighs on Itron (ITRI)

Posted: May 7, 2008 at 7:43 am

Itron Inc. (NASDAQ:ITRI) announced after yesterday's close that it will sell 3.4 million shares of common stock in an at the market public secondary offering. Yesterday's closing price was $94.47 ...
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Top 10 Pre-Market Analyst Calls (WTR, BYD, CNET, CTRP, GOOG, SOLD, NITE, NYX, SOHU, VDSI)

Posted: May 7, 2008 at 7:01 am

These are ten of the top analyst calls we are focusing on this morning:Aqua America (NYSE: WTR) cut to Market Perform at Wachovia.Boyd Gaming (NYSE: BYD) started as Sell at ...
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OPEC Will Drive Down Oil Prices

Posted: May 7, 2008 at 5:17 am

The operating theory of most oil analysts and economists is that OPEC will let prices go up and up. Nothing could be further from the truth.  Goldman Sachs has said ...
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Take-Two (TTWO): Time For Electronic Arts (ERTS) To Walk

Posted: May 7, 2008 at 4:51 am

It looks like Take-Two Interactive (TTWO) will sell $500 million of its new game "Grand Theft Auto IV" the first week that it is on the market. That is better ...
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Sprint & Friends: Revenge Against The Phone Companies

Posted: May 7, 2008 at 4:39 am

Sprint (NYSE: S) was dead and being lowered into the grave when the big firms which really hate the phone companies came in and exhumed it  At this point Verizon ...
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Wall St. Misreads Disney (DIS) Results

Posted: May 7, 2008 at 4:19 am

Disney (NYSE: DIS) certainly did well in the first quarter. Walt Disney himself would have been proud. Revenue at the entertainment company moved up 10% to $8.71 billion. EPS rose ...
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Media Digest 5/7/2008 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: May 7, 2008 at 2:46 am

According to Reuters, Cisco (CSCO) has a good quarter but was cautious about the future.Reuters reports that Sprint (S) and Clearwire (CLWR) will announced a $12 billion project for national ...
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Asia Markets 5/7/2009 (LFC)(SNP)

Posted: May 7, 2008 at 2:28 am

Markets in Asia were mixedThe Nikkei moved up .4% to 14,102. Mazda was up 2.8% to 472. NEC was up 4.9% to 535.The Hang Seng fell 2.4% to 25,638. China ...
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