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Daily Archives: July 1, 2008

Apollo Earnings Shocker (APOL)

Posted: July 1, 2008 at 3:46 pm

Apollo Group Inc. (NASDAQ: APOL) is seeing shares surge in after-hours after the company posted better than expected earnings.  The for-profit and online education company earned $139.1 million after an ...
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Michael Dell Loads Up On Stock (DELL)

Posted: July 1, 2008 at 3:20 pm

As you will see below from a Form 4 filing with the SEC, Mich Dell bought some 4.5 million shares of Dell Inc. (NASDAQ: DELL) over the last 3 trading ...
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Another Defeat For Starbucks (SBUX)

Posted: July 1, 2008 at 3:14 pm

Howard Schultz, the CEO for life at Starbucks (SBUX) recently told Portfolio magazine all about his plans to turn around the company. The editors should not have bought a word ...
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The 52-Week Low Club (CAR)(AMR)(UAUA)(CC)(FO)

Posted: July 1, 2008 at 2:56 pm

Avis Budget (CAR) Part of the collapse of the travel industry. Down to $6.93. Fortune Brands (FO) Poor results dog the stock. Down to $51.59 from 52-week high of $90.80. ...
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Does Bank Of America (BAC) Need $10 Billion In New Capital?

Posted: July 1, 2008 at 2:43 pm

KBW, the bank research firms, thinks Bank of America (BAC) will have to raise $10 billion in new capital. Its mix of real estate, LBO, business, and consumer credit debt ...
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With June Worse Than Expected, Question Arises Whether GM (GM) And Ford (F) Can Stay Independent

Posted: July 1, 2008 at 1:34 pm

The June numbers for domestic vehicles sales were worse than expected. Most of the car companies posted 30% or greater declines in light truck and SUV units. For Ford (F), ...
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AT&T (T) Pricing For Apple (AAPL) iPhone Kills Sprint (S)

Posted: July 1, 2008 at 1:14 pm

Whether AT&T (T) makes a lot of money on the new Apple (AAPL) iPhone may not matter to Sprint (S). What does matter is that the market thinks the No.3 ...
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AT&T (T): A Dangerous Price Plan For The Apple (AAPL) iPhone

Posted: July 1, 2008 at 12:26 pm

AT&T (T) announced its pricing plan for the Apple (AAPL) iPhone today. The plan is extremely confusing. That may make it harder to sell to the average customer, both for ...
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What Happens To Oil Prices When Refiners Stop Producing? (VLO, WNR, TSO)

Posted: July 1, 2008 at 11:28 am

As we've pointed out earlier, oil refining is not the business to be in these days. Refiners have been hit hard by skyrocketing crude oil prices because they are unable ...
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Desalination IPO On Deck: Energy Recovery (ERII)

Posted: July 1, 2008 at 10:12 am

A company called Energy Recovery, Inc. is set to come public via an initial public offering this week. If pricing does not occur tonight or in the wee hours of ...
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Occidental To Try Enhanced Oil Recovery in Permian Basin (OXY, KMP)

Posted: July 1, 2008 at 9:18 am

Occidental Petroleum (NYSE:OXY) plans to spend $1.1 Billion on a natural gas processing plant and related pipelines. The company expects the enhanced oil recovery (EOR) program to increase it's Permian ...
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CIT Gets a Kitchen Pass (CIT)

Posted: July 1, 2008 at 8:37 am

CIT Group Inc. (NYSE: CIT) is going to be one of today's winners in the financial services sectors.  So it looks as of this morning.  The company has sold two ...
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Upgrades & Downgrades in Oil & Gas (BHI, SII, HAL, NOV, SLB, WFT, BJS, SE, TTES, NBF)

Posted: July 1, 2008 at 7:38 am

These are some of the top analyst calls in oil and gas stocks we have seen in the early hours of trading this Tuesday morning.Citigroup picked up new coverage on ...
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Upgrades Come to Financials (AXP, COF, CMA, DFS, LEH, PRSP)

Posted: July 1, 2008 at 7:14 am

These are some of the top analyst calls for the financial services group we have seen in the early hours of trading this Tuesday morning:American Express (NYSE: AXP) raised to ...
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Oilsands Quest: Speculation vs. Value (BQI)

Posted: July 1, 2008 at 6:57 am

Hi commodity prices beget high stock prices of companies that deal in those commodities.  At least speculation isn't at play in the markets, after all the speculators even say they ...
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