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Daily Archives: June 11, 2008

Anheuser-Busch Buyout, Round 1: $65 From InBev

Posted: June 11, 2008 at 4:04 pm

Anheuser-Busch Companies Inc. (NYSE: BUD) came out and confirmed some discussions that were making the rounds today.  The beer giant noted that it has received a unsolicited and non-binding $46 ...
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The 52-Week Low Club (MTG)(LCC)(RBS)(BAC)(MER)(CAL)(GHS)(EWBC)

Posted: June 11, 2008 at 2:58 pm

MGIC Investment (MTG) Money still moving out of bond insurers. Down to $8.75 from 52-week high of $62.94.US Airways Group (LCC) Oil prices up driving airlines down. Company say fuel ...
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InBev/Bud Merger Closer? (BUD)

Posted: June 11, 2008 at 2:11 pm

CNBC's David Faber just broke news that InBev is closer to making a formal bid for Anheuser-Busch Companies Inc. (NYSE: BUD).  He said that this bid could come in the ...
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Wall St. Capitulates On Financial Shares (C)(MER)(BAC)(WB)(LEH)(AIG)

Posted: June 11, 2008 at 11:58 am

From the viewpoint of pessimists, it was just a matter of time. The run-up in financial shares which began in mid-March would be tomahawked by a flailing economy and the ...
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S&P Hikes Amazon.com Corporate Credit Ratings (AMZN)

Posted: June 11, 2008 at 11:44 am

Standard & Poor's Ratings Services has raised its corporate credit rating on Amazon.com (NASDAQ: AMZN) to 'BB+' from 'BB'. While this is still junk status, it is now just a ...
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Private Equity Still Outperforming Over Long-Term

Posted: June 11, 2008 at 11:01 am

Have you wondered if the current environment was going to signal the death or a serious blow to the end of private equity as we know it?  It seems that ...
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ETF Filed To Track Housing Prices (UMM, DMM)

Posted: June 11, 2008 at 10:00 am

MacroMarkets LLC has announced that its subsidiary MacroShares Housing Depositor has now filed with the Securities and Exchange Commission for exchange-traded securities that will allow investors to invest in the ...
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New Commodity ETF/ETN (LSC)

Posted: June 11, 2008 at 9:47 am

NYSE Euronext has announced that the ELEMENTS(SM) S&P Commodity Trends Indicator Total Return Index ETN listed and began trading under the ticker symbol "LSC" on NYSE Arca.  This ETN was ...
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Martha Stewart (MSO): Firing The Wrong Person

Posted: June 11, 2008 at 9:05 am

Martha Stewart Living (MSO) CEO Susan Lyne was asked to leave the table today. Two other executives at the company replaced here. The market did not like the news and ...
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Traders Bracing for Capstone Turbine Earnings Call (CPST)

Posted: June 11, 2008 at 8:27 am

Capstone Turbine Corporation (NASDAQ: CPST) is set to report earnings this Thursday, June 12, 2008 after the market closes and a conference call will follow at 4:45 PM EST.  This ...
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Agrium and Ag Still Rocking (AGU)

Posted: June 11, 2008 at 6:58 am

Agrium Inc. (NYSE: AGU) is seeing a surge in shares this morning after the agriculture player raised its guidance for part of 2008.  The firm raised guidance for its second ...
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Goldman Sachs Conviction List Changes (LO, STT, MI, NGG)

Posted: June 11, 2008 at 6:42 am

Goldman Sachs has made some changes to its highly watched "CONVICTION" lists this morning.Lorillard (NYSE: LO) and State Street (NYSE: STT) were both added to the CONVICTION BUY LIST this ...
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Top 10 Pre-Market Analyst Calls (AA, ACAS, NLY, ARRS, BYD, CCJ, INTU, ISRG, MCHP, PETM)

Posted: June 11, 2008 at 6:31 am

These are ten of the analyst calls we are focusing on this Wednesday morning in the early pre-market hours:Alcoa (NYSE: AA) cut to Neutral at JP Morgan.American Capital (NASDAQ: ACAS) ...
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Slapping Sense Into Market, BP Chair Says $250 Oil Is Hogwash

Posted: June 11, 2008 at 5:26 am

No sooner than the CEO of Russia-owned oil company Gazprom said oil would hit $250 a barrel next year, the head of BP called him criminally insane. According to Reuters, ...
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Free Internet For The Masses

Posted: June 11, 2008 at 4:52 am

FCC chair Kevin Martin can't get off the "free internet" hobby-horse. US citizens do not get free water, electricity, gas, or telephone service. Mr. Martin believes that access to the ...
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