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Monthly Archives: May 2008

Moody’s (MCO) Egg-Heads Say Ambac (ABK) And MBIA (MBI) Are Junk

Posted: May 30, 2008 at 5:25 am

Moody's (MCO) primary ratings unit gives Ambac (ABK) and MBIA (MBI) "Aaa" ratings. Those ratings were in trouble, but when the two companies raised capital, they kept their Good Housekeeping ...
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Nokia (NOK) Pushes Into Africa

Posted: May 30, 2008 at 5:17 am

It would not surprise many people to hear that there are not a ton of cellphone in Africa, especially when Egypt and South Africa are taking out of the mix.Nokia ...
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Oil Prices: Better Profits Through Cheating

Posted: May 30, 2008 at 5:03 am

Regulators are going to look more closely at the trading of oil. According to The Wall Street Journal "U.S. regulators disclosed a broad nationwide probe into potential oil-market manipulation and ...
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Google (GOOG) Beats Yahoo! (YHOO) Like A Rented Mule

Posted: May 30, 2008 at 4:51 am

comScore (SCOR) and other analysts made the mistake of saying that Google's click-through rates on the text advertising that runs next to its search results we not doing very well ...
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US Air (LLC), United (UAUA) On Again, Off Again Talks Are Off Again

Posted: May 30, 2008 at 4:41 am

The press alternates between reporting that United (UAUA) and US Air (LCC) are in merger talks one day, and not in merger talks the next. According to Reuters "United Airlines ...
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Ford Motor Credit Hurts Recovery, Independence

Posted: May 30, 2008 at 4:27 am

VW says it want a bigger market share in the US. Much bigger. With the tremendous competition in the world's largest car market, it may not get there, unless it ...
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Media Digest 5/30/2008 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: May 30, 2008 at 2:49 am

According to Reuters, merger talks between United (UAUA) and US Air (LCC) has been halted.Reuters reports that a US oil probe is focusing on price manipulation.Reuters writes that April insured ...
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Asia Markets 5/30/2008 (SNP)(PTR)

Posted: May 30, 2008 at 2:26 am

Markets in Asia were mixedThe Nikkei rose 1.5% to 14,339. Honda was up 5.1% to 3530. Sony (SNE) was up 3.9% to 5280.The Hang Seng was up .4% to 24,291. ...
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Lehman Ponders Wind & Solar Alternatives (LEH)

Posted: May 29, 2008 at 6:32 pm

Lehman Brothers Holdings Inc. (NYSE: LEH) has announced that it is "considering" strategic alternatives for its SkyPower Corp. unit in Canada to augment its growing capital base and accelerate development ...
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Capital Senior Living Farther On Strategic Review (CSU)

Posted: May 29, 2008 at 4:56 pm

Capital Senior Living Corp. (NYSE:CSU) has announced that a Special Committee of its Board of Directors has engaged Banc of America Securities, part of Bank of America (NYSE: BAC), as ...
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J. Crew Falls Off Rowboat (JCG)

Posted: May 29, 2008 at 3:37 pm

Shares of J. Crew Group, Inc. (NYSE: JCG) are drowning in after-hours trading.  The apparel retailer posted over 20% gains to $0.48 EPS on a 15% rise in revenues to ...
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Dell Sails Past Estimates (DELL)

Posted: May 29, 2008 at 3:12 pm

Dell, Inc. (NASDAQ: DELL) came out with a solid quarter today after the close, and shares are seeing some after-hours love.  The company showed $0.38 EPS on $16.08 Billion in ...
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The 52-Week Low Club (TTM)(RBS)

Posted: May 29, 2008 at 2:45 pm

Tata Motos (TTM) Concern about company taking on financial obligationt to buy Jaguar and Rover. Falls to $13.62 from 52-week high of $21.30.Royal Bank of Scotland (RBS) Bank cannot sell ...
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UN Wants Genetic Crops (MON)

Posted: May 29, 2008 at 1:22 pm

The UN sees food prices staying high for years.That not only undermines much of the global economy, it means a great many people don't eat at all.The UN's solutions are ...
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Estimates Crept Up Ahead of Dell Earnings (DELL, HPQ, EDS)

Posted: May 29, 2008 at 11:26 am

After today's close, we'll get to see earnings out of Dell, Inc. (NASDAQ: DELL).  First Call shows that the computer giant's earnings estimates have changed slightly since our post over ...
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