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Daily Archives: June 3, 2008

S&P Boots AMBAC (ABK, LO, CG, LTR)

Posted: June 3, 2008 at 5:04 pm

After the close of trading today, Standard & Poor's announced that it is booting Ambac Financial Group Inc. (NYSE: ABK) out of the S&P 500 Index.  The company's size has ...
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The 52-Week Low Club (PFE)(RF)(EK)(JAVA)(WB)

Posted: June 3, 2008 at 2:59 pm

Wachovia (WB) Sacking of CEO is still driving away shareholders. Down to $21.04 from 52-week high of $54.54.Sun Microsystems (JAVA) sells off on concerns that the company's bad forecasts could ...
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A Viking Funeral For Sun Microsystems (JAVA)

Posted: June 3, 2008 at 2:08 pm

Sun Microsystems (JAVA) hit a new 52-week low of $12.32. The market has believed for some time that the server company will have a poor year with relatively flat revenue ...
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Lehman (LEH) Selling Turns To Panic

Posted: June 3, 2008 at 1:40 pm

Shares in Lehman (LEH) are now down almost 12% at $29.68 as concerns about the company's viability grow. Several media sources said the company would raise between $3 billion and ...
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GM (GM) Sales Go To Hell

Posted: June 3, 2008 at 1:23 pm

GM (GM) reported a 28% drop in May domestic sales to 268,892 cars and trucks from 371,056 a year ago. Cars dropped 14% while trucks fell 37%. GM blamed strikes, ...
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Stevia One Step Closer To Food & Beverage Market (KO, PEP)

Posted: June 3, 2008 at 12:39 pm

If you have been a "diet" or zero calorie soft drink beverage drinker or have used artificial sweeteners on foods, there has always been the issue of "what are you ...
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MarketAxess Scores on Cap Raise (MKTX)

Posted: June 3, 2008 at 10:32 am

MarketAxess Holdings Inc. (NASDAQ: MKTX) has raised some $35 million from Technology Crossover Ventures. The financing involves the sale of preferred stock and warrants at a conversion price of $10.00 ...
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Boston Scientific Keeps CEO Tobin But Dumps COO (BSX)

Posted: June 3, 2008 at 9:56 am

Boston Scientific Corporation (NYSE: BSX) is making a move which may be a questionable one if you have followed this stock for a while.  The company said that President and ...
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Small Businesses Hit By Credit Environment

Posted: June 3, 2008 at 8:59 am

The Small Business Administration's most popular small-business loan is down 19 percent nationally in volume from the same time a year ago, based on agency data. According to the St. ...
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Sherwin-Williams, Too Poor to Paint (SHW)

Posted: June 3, 2008 at 8:46 am

Sherwin-Williams Co. (NYSE: SHW)  is under trading pressure this morning based on an earnings warning the company issued in pre-market hours.  The paint and coatings company cited lower sales, housing ...
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SuccessFactors Secondary Greatly Increases Float (SFSF)

Posted: June 3, 2008 at 8:06 am

SuccessFactors, Inc. (NASDAQ: SFSF) is exiting that 180-day lock-up period, and the company is going to sell shares along with shareholders according to the SEC FILING.  The company filed to ...
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Top 10 Pre-Market Analyst Calls (ANF, ASTI, ASMI, NILE, CHU, CSX, DPS, LLTC, QCOM, WOOF )

Posted: June 3, 2008 at 6:48 am

These are ten of the analyst calls we are focusing on this Tuesday morning in pre-market trading:Abercrombie (NYSE: ANF) cut to Market Perform at FBR.Ascent Solar (NASDAQ: ASTI) started as ...
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The Newspapers: Rating The Top 25 Newspaper Websites

Posted: June 3, 2008 at 6:11 am

The struggle for large daily metropolitan newspapers to stay profitable and survive is based on the race between the drop in their print advertising and the improvement of their online ...
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Microsoft (MSFT) And HP (HPQ) Gang Up On Google (GOOG)

Posted: June 3, 2008 at 5:26 am

Microsoft (MSFT) has cut a deal with HP (HPQ) to put its Live Search into the internet tool bar which ships on the hardware companies PCs in the US and ...
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US Government: $100 Plus Oil Forever

Posted: June 3, 2008 at 5:18 am

The experts in the US government have finally come around to the reality that oil prices are not going to drop. And, they could stay high for a very, very ...
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