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Daily Archives: May 21, 2008

The 52-Week Low Club (AMR)(LLC)(CAL)(DAL)(NWA)(UAUA)

Posted: May 21, 2008 at 2:52 pm

AMR (AMR) falls after saying it will cut service to save money. Down to $6 from 52-week high of $29.32.US Air (LLC) drops as oil spikes and investors fear huge ...
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FOMC Describes Recession Without Saying It

Posted: May 21, 2008 at 1:29 pm

If you are hoping for already-low interest rates in the U.S. to go lower, you better look at the FOMC minutes from the last meeting.In the minutes, even though the ...
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Why is CVS Buying $2 Billion of its Stock? (CVS, WAG, RAD)

Posted: May 21, 2008 at 11:10 am

CVS Caremark Corp. (NYSE: CVS) has announced that the company will buy back up to $2 Billion worth of common stock from time to time in the open markets during ...
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Ladenburg Thalmann Takes Poleaxe To Lehman (LEH)

Posted: May 21, 2008 at 9:41 am

Ladenburg did nothing to spare the feelings of management and employees at Lehman (LEH). It cut its price target on the brokerages stock to $38 from $48. According to Reuters, ...
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AMR’s Sweeping Changes Could Set Industry Trends (AMR)

Posted: May 21, 2008 at 9:26 am

AMR Corp. (NYSE: AMR), the parent of American Airlines, has announced some sweeping changes at its annual meeting of shareholders today.  More importantly than just how this affects AMR, these ...
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Gafisa (GFA): The Best Homebuilder In the Universe

Posted: May 21, 2008 at 8:27 am

The housing market in Brazil operates in a what which is beyond the wildest dreams of US homebuilders. The sector has very little leverage. A number of government programs help ...
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Top 10 Pre-Market Analyst Calls (CENT, CSUN, EP, FSLR, INTU, MDT, MU, NOV, NUE, PALM)

Posted: May 21, 2008 at 7:03 am

These are ten of the analyst calls we are focusing on this morning:Central Garden (NASDAQ: CENT) raised to Buy at Piper Jaffray.China Sunergy (NASDAQ: CSUN) raised to Hold at Jefferies.El ...
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Worst Research Call Of The Month: Soleil Downgrades Airlines (AMR)(CAL)(UAUA)

Posted: May 21, 2008 at 6:27 am

Soleil has downgraded the airlines industry from "outperform" from "neutral". The call is not only about six months late, the downgrade should be to "sell".The firm did have the sense ...
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Microsoft (MSFT) Begins Service To Pay People To Search

Posted: May 21, 2008 at 5:32 am

If Microsoft (MSFT) can't make up ground on Google (GOOG) the old fashion way, they can pay people to use their search product.Redmond will give consumers who use its search ...
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Honda’s (HMC) Hybrid: Driving Miss Daisy

Posted: May 21, 2008 at 5:23 am

Introducing new car models is now all about the environment. Too much gas is bad for the ozone, global warming, and Al Gore. The race to create hybrids and vehicles ...
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Barnes & Noble (BKS) + Borders (BGP) = 0

Posted: May 21, 2008 at 5:12 am

Barnes & Noble (BKS), the No.1 bricks and mortar bookseller, is looking at a buy-out of No.2 player Borders (BGP). Neither company has done especially well as readers have turned ...
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Microsoft (MSFT): A Pox On The House Of Yahoo! (YHOO)

Posted: May 21, 2008 at 4:58 am

Carl Icahn is known as much for his mistakes as his successes. His process for making money is based on forcing management to do the right thing. He cannot, however, ...
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Time Warner’s (TWX) Cable Spin: A Pay-Day For Mr. Bewkes

Posted: May 21, 2008 at 4:35 am

Time Warner (TWX) plans to spin-off its cable company, Time Warner Cable (TWC), to shareholders. In the process, the parent will get a payment of $9.25 billion as part of ...
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Moody’s (MCO): Why Tell The Truth?

Posted: May 21, 2008 at 4:19 am

It turns out that Moody’s (MCO) may be more than incompetent. After missing most of the risks in subprime paper and keeping “Aaa” ratings on the municipal bond ratings agencies ...
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Media Digest 5/21/2008 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: May 21, 2008 at 2:45 am

According to Reuters, Microsoft's (MSFT) Steve Ballmber said his company will not bid for Yahoo! (YHOO).Reuters writes that HP's (HPQ) operating margin rose to 10% in the last quarter.Reuters writes ...
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