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Daily Archives: June 9, 2008

RIM (RIMM) Ignores Apple’s (AAPL) iPhone

Posted: June 9, 2008 at 6:01 pm

When Apple (AAPL) came out with its new 3G iPhone today, shares in Steve Jobs' company fell. Shares at rival smartphone company Research-In-Motion (RIMM) rose.The new iPhone has a number ...
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Cramer Endorses Motorola & Yahoo!, Sort Of (MOT, YHOO)

Posted: June 9, 2008 at 5:52 pm

On tonight's MAD MONEY on CNBC, Jim Cramer came out and said he is doing the unthinkable: He's saying you can probably buy both Motorola Inc. (NYSE: MOT) and Yahoo! ...
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The 52-Week Low Club (TASR)(EK)(GHS)(MNI)(WB)(WM)(MBI)(ABK)

Posted: June 9, 2008 at 5:47 pm

Washington Mutual (WM) Concerns about the financial crisis burn like wildfire. Drops sharply to $6.14 from 52-week high of $44.19.AMBAC (ABK) Sells off to $2.02 after downgrades. The 52-week high ...
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Safaricom Soars in Kenya IPO (VOD, GAF, EZA, TRAMX)

Posted: June 9, 2008 at 5:44 pm

Today was a feature we have loosely been covering on occasion, and that is investing on the final frontier here on Earth: Africa.  Interestingly enough, Vodafone Group plc (NYSE: VOD) ...
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Peplin Withdraws US IPO

Posted: June 9, 2008 at 4:38 pm

An Australian company called Peplin Inc., which originally filed to come public in August 2007, has filed with the SEC to withdraw its IPO paperwork.  The emerging biotech was going ...
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IPO Withdrawal: CCS Medical Holdings

Posted: June 9, 2008 at 4:30 pm

A company called CCS Medical Holdings, Inc. has filed with the SEC to withdraw its planned initial public offering today.   The Company has determined, due to current public market conditions, ...
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Texas Instruments Mid-Quarter Equal for Bulls & Bears (TXN)

Posted: June 9, 2008 at 4:16 pm

Texas Instruments Inc. (NYSE: TXN) has issued its mid-quarter updateafter the close on Monday.  The company put the new revenue guidancerange at between $3.33 to $3.46 billion, compared with its ...
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CMGI Internal Guidance Breaks Major Move (CMGI)

Posted: June 9, 2008 at 4:10 pm

After the close of trading today, CMGI Inc. (NASDAQ: CMGI) reported its quarterly numbers.  Unfortunately for holders, the reaction isn't a strong one.  The ModusLink owner and incubator for tech ...
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The 24/7 Wall St. Bankruptcy Odds Watch (AMR)(UAUA)(NWA)(GHS)(DAL)(LHS)(LEH)(CAL)(WB)(F)(MNI)(AIG)

Posted: June 9, 2008 at 2:25 pm

There are the 24/7 Wall St. odds that several companies will have to file for Chapter 11 between now and the end of the year. These will become a permanent ...
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Pier One & Cost Plus Merger; 1 + 1 = 1 (PIR, CPWM)

Posted: June 9, 2008 at 1:33 pm

Pier One Inc. (NYSE: PIR) saw shares tumble today on what some may think as a game changing deal where it offered to acquire rival Cost Plus Inc. (NASDAQ: CPWM), ...
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Yahoo!’s New Icahn Battleship: U.S.S. Defiant (YHOO, MSFT)

Posted: June 9, 2008 at 12:59 pm

Yahoo! Inc. (NASDAQ:YHOO) has filed its own proxy materials for its August 1 shareholder meeting, and it is essentially asking shareholders to follow it 100% with no concessions to activist ...
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Saudi Arabia Pushes Oil Buyer/Seller Meeting

Posted: June 9, 2008 at 12:18 pm

Even the kings and princes of Saudi Arabia are getting concerned about the rising price of crude. The are pushing for a summit meeting of the world's largest oil producers ...
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CMGI Braces For Earnings (CMGI)

Posted: June 9, 2008 at 11:45 am

After the close of trading today, or shortly before the close as before, we'll get the fiscal Q3-2008 quarterly earnings report out of CMGI Inc. (NASDAQ: CMGI).Unfortunately there is only ...
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Nokia (NOK) Makes Another Run At Apple’s (AAPL) iPhone

Posted: June 9, 2008 at 9:24 am

Nokia (NOK) can't seem to get the message the consumers don't want pseudo Apple (AAPL) iPhones.The world's largest handset maker will release its new N96 super-sophisticated handset later this year. ...
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Oppenheimer Takes Down Citigroup (C) And Merrill Lynch (MER), Again

Posted: June 9, 2008 at 9:05 am

Meredith Whitney of Opperheimer covers financial stocks, but she clearly hates them. At least for the time being.She is no making the point that as MBIA (MBI) and Ambac (ABK) ...
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