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Daily Archives: June 17, 2008

Gannett (GCI): USA Today Ad Figures Implode (MHP)(GCI)(NWS)(TWX)(WPO)

Posted: June 17, 2008 at 5:09 pm

Gannett (GCI), the country's largest newspaper company posted its revenue for the May period.Advertising revenue dropped 14.3% to $347 million. This was an acceleration from the year-to-date rate of decrease ...
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Banks And Airlines Battle To Find Bottom (WB)(WF)

Posted: June 17, 2008 at 4:29 pm

Late news from the bank and airline industries found analysts in surly moods. Goldman Sachs issued a report saying US banks will have to raise as much as another $65 ...
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The 52-Week Low Club (CNB)(WB)(GHS)(ZION)

Posted: June 17, 2008 at 2:58 pm

The Colonial BancGroup (CNB) Concerns about balance sheet. Down to $4.12 from 52-week high of $25.50.Wachovia (WB) The bigger the bank, the harder its falls. Drops to $16.96 from 52-week ...
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Blank Check IPO Filed: Navios Maritime Acquisition (NM, NNA)

Posted: June 17, 2008 at 2:24 pm

Navios Maritime Acquisition Corporation  is a special purpose acquisition company, or SPAC/Blank Check company, that has filed to come public via an IPO.  It has filed to sell some 22,000,000 ...
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TSX Lists New Emerging Potash Player (XOM)

Posted: June 17, 2008 at 1:49 pm

The Toronto Stock Exchange has granted a final approval for an emerging potash player to list its shares on the TSX.  Potash One Inc. will trade under the ticker "KCL" ...
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T. Boone Pickens Still High On Oil… As Are All Speculators

Posted: June 17, 2008 at 1:25 pm

Everyone wants to know if speculators are driving up oil prices.  The answer from the speculators is "No, absolutely not! (wink, wink)" when they are asked.  The Senate Energy and ...
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Eleven Billion Videos Viewed In April, And No One Made A Dime (GOOG)(NWS)(CSCO)

Posted: June 17, 2008 at 11:28 am

comScore reports that eleven billion videos were watched in the US in April. Of those 4.2 billion were watched on Google (GOOG) sites, which mean YouTube. No one on Wall ...
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Oil & Gas Hedges Galore (APL, TSO, PXP)

Posted: June 17, 2008 at 9:59 am

It looks like Joe Public isn't the only one who thought oil and gas prices were through the roof.  It seems that some of the big boys started locking-in prices ...
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Goldman (GS) Is Golden Again

Posted: June 17, 2008 at 7:30 am

Goldman Sachs (GS) announed EPS of $4.58, higher than consensus expectations of $3.42. Revenue also beat coming in at $9.42 billion against Wall St.'s guess of $8.74 billion.Net revenues in ...
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Best Buy Surprising Good Show (BBY)

Posted: June 17, 2008 at 7:15 am

Best Buy Co, Inc. (NYSE: BBY) has just posted earnings.  The electronics retail giant posted $0.43 EPS on $8.99 Billion in revenues.  First Call had estimates of $0.37 EPS on ...
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Answers Raises Cash (ANSW)

Posted: June 17, 2008 at 6:59 am

Answers Corporation (NASDAQ:ANSW) has entered into agreements for a private placement to raise cash up to $13 million via the sale of convertible preferred stock and warrants to Redpoint Ventures.  ...
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Top 10 Pre-Market Analyst Calls (BMC, CNK, CTXS, CME, CTCM, DHT, RDEN, HOV, TPX, WLL)

Posted: June 17, 2008 at 6:10 am

These aren't going to be the only impact analyst calls this Tuesday morning, but these are ten of the calls we are focusing on very early this morning:BMC Software (NYSE: ...
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Apple (AAPL) Financial News Flash 10028 (GOOG)(MSFT)

Posted: June 17, 2008 at 5:21 am

Apple (AAPL) has agreed to license "visual voicemail" technology from Klausner Technology.The introduction of the new Apple iPhone is unlikely to hurt profits at Research-In-Motion (RIMM), according to Alley Insider. ...
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Inflation Burns Like A Hay Barn, 5% Or Bust

Posted: June 17, 2008 at 5:08 am

In the UK, inflation was up enough in May to put the annual run-rate at 3.3% The Bank of England promptly took a look at those numbers and said inflation ...
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Warren Buffett Supports InBev Bid For Anheuser-Busch (BUD)

Posted: June 17, 2008 at 4:46 am

Belgian newspaper De Standaard has reported that Warren Buffett is prepared to throw the Busch family under the bus and support the InBev offer to buy Anheuser-Busch for $46 billion ...
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