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Daily Archives: May 8, 2008

McDonald’s (MCD) Strong In April

Posted: May 8, 2008 at 7:11 am

McDonald's Corporation announced today that global comparable sales increased 5.0% in April and 6.8% year-to-date. Systemwide sales for McDonald's worldwide restaurants increased 13.7% in April, or 6.5% in constant currencies. ...
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Wal-Mart (WMT) Goes Wild

Posted: May 8, 2008 at 6:32 am

Wal-Mart (WMT) continued to amaze. How does the world's largest retailer grow faster than almost all of its competition? For the month of April, Wal-Mart's sales were up 9.8% to ...
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Europe Markets 5/8/2008 (BCS)(DB)(SAP)

Posted: May 8, 2008 at 5:51 am

Markets in Europe were off at 6.45 AM New York time.The FTSE was down .2% to 6,252. Barclays (BCS) was off 2.5% to 463.25. Unilever was up 3.9% to 1727.The ...
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AMD (AMD) And The Power To Amaze

Posted: May 8, 2008 at 5:43 am

AMD (AMD) is going to offer the world more powerful chips for servers and PCs. It is not enough that it and Intel (INTC) have hardware with four cores, or ...
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Soros Agonistes

Posted: May 8, 2008 at 5:29 am

George Soros has taken the unpopular side of many economic bets over the years. He has not only lived to tell the tales. He has made himself and his investors ...
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The SEC Opens Banking’s Vaults

Posted: May 8, 2008 at 5:18 am

Since the government is blamed for all ills and catastrophes it should be praised for the good and right that it does. The SEC said yesterday that brokerages could not ...
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In Toyota (TM): The World Economy In A Bucket

Posted: May 8, 2008 at 5:07 am

Toyota (TM) said its earnings fell 28% in the fourth quarter. It blamed the Yen and a slow car market in the US. Although no one was surprised, the figures ...
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Auctioning Off Yahoo! Inc. On Ebay

Posted: May 8, 2008 at 4:51 am

Yahoo! (YHOO) seems to have gotton several pieces of bad news yesterday. The chief of strategy at Microsoft (MSFT), if there can be any such person, said that his company ...
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Moody’s (MCO): A Convenient Execution

Posted: May 8, 2008 at 4:28 am

One of the great traditions in American business is to punish the few for the sins of the many. It a sort of Scopes Monkey Trial for the subprime mess, ...
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Media Digest 5/8/2008 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: May 8, 2008 at 3:04 am

According to Reuters, the head of strategy at Microsoft (MSFT) says it deal to acquire Yahoo! (YHOO) is over.Reuters writes that Toyota (TM) posted a 28% drop in profit due ...
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Asia Markets 5/8/2007 (LFC)(SNP)

Posted: May 8, 2008 at 2:30 am

Markets in Asia were mixed.The Nikkei fell 1.1% to 13,943. Honda (HMC) fell 2.9% to 3340. KDDI fell 3.2% to 670000.The Hang Seng was off .4% to 25,519. China Life ...
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