Daily Archives: May 20, 2008

Things Are Getting Better On Wall St.? Lehman (LEH) To Cut 5% Of People

Posted: May 20, 2008 at 3:35 pm

Against a back-drop of several Wall St. analysts saying the credit crisis will damage bank earnings into 2009, Lehman Bros. (LEH) will cut 5% of its work force, according to ...
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Is Nanotechnology the Next Asbestos? (PXN)

Posted: May 20, 2008 at 2:53 pm

Nanotechnology is one of those industries that has advocates lining up for it and against it. The theoretical possibilities are endless. These could be in micro-computing, arterial plaque attacks, tissue ...
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The 52-Week Low Club (AIG, GAIA, HANS, LORL, PLA, RCL, SCUR)

Posted: May 20, 2008 at 2:41 pm

Today was a larger day on the wall of shame in the 52-week low club. There were some new names and some old familiar names.American International Group (NYSE: AIG) was ...
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GM (GM) Sells Off As Market Wakes Up To Troubles

Posted: May 20, 2008 at 2:25 pm

It did not take a story in The Wall Street Journal to let Wall St. know that it would be a hard year for GM (GM) and its peers in ...
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IPO FILING: Synthesis Energy Systems, Inc.

Posted: May 20, 2008 at 1:30 pm

Synthesis Energy Systems, Inc. has filed to come public today via an initial public offering, and it will take the proposed ticker of "SYMX" on NASDAQ. The two underwriters listed ...
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Satyam Broadens GE Pact In Alliance (SAY, GE)

Posted: May 20, 2008 at 1:08 pm

Satyam Computer Services Ltd. (NYSE: SAY) has partnered with General Electric Co. (NYSE: GE) unit GE Healthcare to support customers deploying healthcare IT solutions based on GE Centricity Enterprise software.The ...
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New Apple (AAPL) iPhone Rumor: June 9 Launch

Posted: May 20, 2008 at 12:04 pm

Perhaps the reason those Apple (AAPL) 2.5G iPhones are so hard to come by is that the launch date for the 3G versions is set for June 9. Why have ...
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Investors Await Intuit’s Key Quarter (INTU)

Posted: May 20, 2008 at 9:41 am

Intuit Inc. (NASDAQ: INTU) reports earnings after the close of trading today. The tax and business software provider is expected to post $1.33 EPS on $1.29 Billion in revenues. As ...
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Oppenheimer Won’t Lay Off Bad News On Banks (C)(BAC)

Posted: May 20, 2008 at 8:10 am

Oppenheimer now puts out a negative report on banks stocks every other day, like clock work.Today's reports says that money center financial firms "may write off more than $170 billion ...
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Target Sails By Estimates (TGT, JPM, WMT)

Posted: May 20, 2008 at 7:48 am

Target Corporation (NYSE:TGT) has reported its Q1 net income of $602 million, down from $651million in the same quarter in 2007. It saw a 1.4% drop in earnings per share ...
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T. Boone Pickens: $150 Oil (EP, SD, XCO, CLNE, YHOO)

Posted: May 20, 2008 at 7:16 am

CNBC just hosted oil magnate T. Boone Pickens this morning in a sit down interview with Becky Quick. Now that his $125 target on oil has been hit, he's making ...
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Goldman Sachs Drops Specialty Apparel Names (COLM, NKE, UA, LULU, FL, GCO, FINL, KSWS)

Posted: May 20, 2008 at 6:49 am

Goldman Sachs has noted that an analyst named Brad Cragin has left the firm, and his former targets and ratings in specialty apparel names are no longer in effect. These ...
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Lehman Trims European I-Bankers (UBS, CS, DB)

Posted: May 20, 2008 at 6:34 am

In a call overseas earlier this morning, Lehman Brothers decided to cut its target prices on some select European investment banks. Here are three of the investment bankers that are ...
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Top 10 Pre-Market Analyst Calls (ASMI, ATAI, CCI, EMC, GNA, NFLX, NRG, PDS, TER, WGOV)

Posted: May 20, 2008 at 6:23 am

These are not the only analyst calls out there, but these are ten calls affecting stocks this Tuesday morning:ASM Intl NV (NASDAQ: ASMI) started as Underperform at Jefferies.ATA Inc. (NASDAQ: ...
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Home Depot (HD) Gets Dragged Beneath The Waves

Posted: May 20, 2008 at 5:29 am

It was impossible for Home Depot (HD) to post good earnings. It relies too much on the troubled housing industry.But, its earnings were cut by a huge amount, a signal ...
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