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Daily Archives: July 1, 2008

Will Sirius-XM Cut Talent Costs? (SIRI, XMSR)

Posted: July 1, 2008 at 6:26 am

We already saw the first projections yesterday from Sirius Satellite Radio Inc. (NASDAQ: SIRI) and XM Satellite Radio Inc. (NASDAQ: XMSR).  We also saw the resounding thud that the markets ...
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A Billionaire’s Consensus On A Deep Recession

Posted: July 1, 2008 at 5:25 am

Eli Broad, one of the richest men in the world, says the current economy is the worst he has seen in his lifetime, the worst since WWII. According to Bloomberg, ...
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Nokia (NOK) Takes On Apple (AAPL)

Posted: July 1, 2008 at 5:13 am

If any company has the chance to take on the Apple (AAPL) iTunes/iPod franchise it is Nokia (NOK). It has started its own music store and recently signed up Warner ...
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Does Starbucks (SBUX) New Coffee Taste Like Dishwater?

Posted: July 1, 2008 at 4:55 am

Starbucks (SBUX) hoped one of the ingredients of getting turned around was its new Pike Place Roast coffee.The java chain brought the new product to market because it tastes more ...
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Merging Ford (F) And Chrysler

Posted: July 1, 2008 at 4:36 am

It has been over a year since hedge fund Cerberus bought Chrysler and installed Home Depot (HD) pariah Robert Nardelli as the car company's unlikely CEO. Cerberus coughed up $7.4 ...
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Media Digest 7/1/2008 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: July 1, 2008 at 3:10 am

According to Reuters, global companies may start to issue profit warnings as business slows overseas.Reuters reports that InBev is sticking to it offer to buy Anheuser-Bush (BUD).Reuters reports that Chrysler ...
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Asia Markets 7/1/2008 (CHU)

Posted: July 1, 2008 at 2:41 am

Markets in Asia were mixedThe Nikkei fell .1% to 13,463. Canon fell 2.2% to 5340. Japan Tobacco rose 1.6% to 460000.The Hsng Seng rose .4% to 22,103. China Unicom (CHU) ...
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