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Daily Archives: June 25, 2008

BUD To Blow Off InBev Bid, Betray Investors

Posted: June 25, 2008 at 6:20 pm

Word from several media sources is that Anheuser-Busch (BUD) will turn down a $46.4 billion offer from InBev. The offer had pushed BUD shares as high $62.72. In the previous ...
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Nike Earnings, Currency, Taxes & Valuation: Just There (NKE)

Posted: June 25, 2008 at 3:46 pm

Nike Inc. (NYSE: NKE) posted its quarterly and fiscal earnings, with a fiscal gain of 14% in revenues, a 28% EPS gain, and a future orders gain of 11%.  For ...
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Bed Bath & Beyond Earnings, Above & Beyond (BBBY)

Posted: June 25, 2008 at 3:30 pm

Just when you thought home furnishings and knick knack sales were soft, Bed Bath & Beyond Inc. (NASDAQ: BBBY) came and saved the day.  The company posted diluted earnings of ...
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Research-in-Motion Not Solid Enough (RIMM)

Posted: June 25, 2008 at 3:18 pm

Research in Motion Ltd. (NASDAQ: RIMM) posted disappointing earnings today and shares are paying for it.  The smartphone giant posted $0.84 EPS on $2.24 Billion in revenues.  The First Call ...
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Larry Ellison Shows Oracle’s Earnings Worth (ORCL)

Posted: June 25, 2008 at 3:07 pm

Oracle Corp. (NASDAQ: ORCL) reported earnings after the close of trading today.  Its earnings were $0.47 non-GAAP EPS on $7.2 Billion revenues.  The First Call estimates for the enterprise software ...
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The 52-Week Low Club (BA)(AM)(ROK)(HON)(SONC)(LCAV)

Posted: June 25, 2008 at 2:53 pm

Boeing (BA) Hit by broker downgrade on fears of order cuts from troubled airlines. Down to $69.16 from 52-week high of $107.83.American Greetings (AM) Happy card company gets beat up ...
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Ken Heebner Keeps Up On Petrobras (PBR)

Posted: June 25, 2008 at 1:53 pm

The esteemed Ken Heebner of CGM Funds came on CNBC after the coin toss announcement from the FOMC today and he has defended and reiterated his strong and solid views ...
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Oracle Earnings To Set Tech & IT Enterprise Bias (ORCL)

Posted: June 25, 2008 at 1:42 pm

Oracle Corp. (NASDAQ: ORCL) reports earnings after today's close, but it is getting the same amount of attention as an ant across the field.  While everyone is focused on R-I-M, ...
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FOMC’s Coin Toss

Posted: June 25, 2008 at 1:17 pm

Today we saw the FOMC decision on rates, but the focus was more on the statements and wording than the unchanged Fed Funds Rate of 2.00% and a Discount Rate ...
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Final Expectations For Research-in-Motion Earnings (RIMM, AAPL)

Posted: June 25, 2008 at 12:33 pm

Traders and investors alike are impatiently awaiting earnings out of smartphone giant Research-in-Motion Ltd. (NASDAQ: RIMM) today after the close.  The entire cell phone and electronic gadget market may be ...
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Short Sellers Still Target Solar Stocks (FSLR, SPWR, ESLR, CSIQ, AKNS, HOKU)

Posted: June 25, 2008 at 12:01 pm

These are not all of the solar stocks we cover on NASDAQ, but as you can see the short selling against these stocks has increased as of mid-June despite the ...
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China Sunergy Secures Supplies For 2009 to 2015 (CSUN)

Posted: June 25, 2008 at 11:42 am

China Sunergy Co., Ltd. (NASDAQ: CSUN) has entered into a new supply agreement with the European wafer provider REC Wafer for a high quality supply of monocrystalline 156-millimeter wafers for ...
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Countrywide Holders Approve Bank of America Buyout (CFC, BAC)

Posted: June 25, 2008 at 11:29 am

If there were questions whether or not the first first of the large bank and lender deal would get done, it looks like that is history.   Countrywide Financial Corporation (NYSE: ...
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Palm (PALM) Is Toast (AAPL)(RIMM)(GOOG)(T)(NOK)(S)

Posted: June 25, 2008 at 11:06 am

Most of the focus in the smartphone business over the last month has passed Palm (PALM) by. The new 3G Apple (AAPL) iPhone, RIM's (RIMM) earnings, the Nokia (NOK) purchase ...
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Carbon Trading Goes ETF/ETN on NYSE (NYX, GRN)

Posted: June 25, 2008 at 10:38 am

It seems that the insatiable appetite for new exchange traded funds (ETF's) and exchange traded notes (ETN's) has now gone as far as carbon trading, which will be a highly ...
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