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Daily Archives: May 14, 2008

High Profile Failures At Motorola (MOT) And Blockbuster (BBI) Make Icahn Yahoo! Bid Questionable

Posted: May 14, 2008 at 7:06 pm

Carl Icahn has made the announcement that he plans a proxy fight to either control or influence the Yahoo! board. It is a remarkably poor idea.Microsoft (MSFT) has made it ...
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GE’s Ever-Changing Portfolio Mix (GE)

Posted: May 14, 2008 at 4:29 pm

It seems the calls and progress in changing the shape of General Electric Co. are just never-ending.  The Wall Street Journal is reporting that General Electric Co. (NYSE: GE) is ...
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Google (GOOG) Tops List Of Most Visited US Sites For First Time

Posted: May 14, 2008 at 3:46 pm

Search has already trumped all other models on the internet for making money, and now its popularity has reached the point where the Google (GOOG) sites have passed Yahoo! (YHOO) ...
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To Microsoft (MSFT) Xbox Goes The Victory Wreath

Posted: May 14, 2008 at 3:38 pm

Microsoft (MSFT) claims that its Xbox 360 has reached the sale of ten million units in the US ahead of the Nintendo Wii and Sony (SNE) PS3.The news is somewhat, ...
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ShengdaTech Raising Cash (SDTH)

Posted: May 14, 2008 at 3:18 pm

ShengdaTech Inc. (NASDAQ: SDTH) announced that it will plans to offer an aggregate of $100 million of senior convertible notes due 2018, in an offering to qualified institutional buyers under ...
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The 52-Week Low Club (IMB)(TMA)(WFMI)(URRE)

Posted: May 14, 2008 at 2:59 pm

IndyMac Bancorp (IMB) Fitch cuts debt rating  Down to $1.83 from 52-week high of $37.50.Thornburg Mortgage Asset  (TMA) Ongoing concerns about company losses. Drops to $.64 from 52-week high of ...
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Geron Given FDA Hold (GERN)

Posted: May 14, 2008 at 1:40 pm

Geron Corporation (NASDAQ: GERN) announced today that the company received a verbal notice from the FDA that Geron's Investigational New Drug (IND) submission for GRNOPC1, its cell therapy for spinal ...
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As UK Inflation Rises, A Ripple In US?

Posted: May 14, 2008 at 1:37 pm

The CPI showed that prices for food rose .9% in April, the most in 18 years. Overall, total inflation was more muted and the market was relieved. In the UK, ...
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Merrill Lynch (MER): Rate More Stocks As “Sell”, See If It Works

Posted: May 14, 2008 at 11:38 am

The Zeppelin commanders who run the research operations at Merrill Lynch (MER) have told their analysts that 20% of the stocks which the cover must be rated as "sell", or ...
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Verso Paper Corp. Slashes IPO Expectations (VRS, IP)

Posted: May 14, 2008 at 11:25 am

Verso Paper Corp. has just slashed its IPO terms in an amended IPO filing this morning.  The company's prior range was up to 18.75 million shares and an expoected price ...
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GM (GM) Wants To Raise Money, Lehman Says It Must

Posted: May 14, 2008 at 10:25 am

GM (GM) said yesterday that it might want to raise some capital. Today, Lehman indicated that the car company may not have a choice. According to Reuters, an analyst at ...
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JP Morgan (JPM) Moves Into Oil Trading, Just Too Good To Pass Up

Posted: May 14, 2008 at 10:09 am

JP Morgan (JPM) will start to trade oil by the end of this year, and that is not just futures. According to Reuters "We will start trading in physical oil ...
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Uranium Resources Raising Cash For More Deals (URRE, BHP)

Posted: May 14, 2008 at 9:56 am

Uranium Resources, Inc. (NASDAQ: URRE) announced this morning that it entered into a private placement based on the closing prices yesterday after the close.  While it does not imply that ...
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Chindex Hit On Filing (CHDX)

Posted: May 14, 2008 at 8:51 am

Chindex International Inc. (NASDAQ: CHDX) is seeing shares under pressure this morning after it filed last night for a secondary offering of up to $100 million.  The filing is for ...
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A Deere, a Cat & a Titan All Stuck in the Headlights (DE, CAT, TITN)

Posted: May 14, 2008 at 8:24 am

Deere & Co. (NYSE: DE) shares are going to be a drag today.  The giant manufacturer of farm and construction machinery posted $1.74 EPS on a 19% revenue fain to ...
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