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Daily Archives: July 2, 2008

NVIDIA Stubs Its Toes.. All Of Them (NVDA, AMD)

Posted: July 2, 2008 at 4:01 pm

NVIDIA Corporation (NASDAQ: NVDA) has just come out and issued an earnings warning over several issues. The graphics processor giant said that second quarter revenue and gross margin are expected ...
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The 52-Week Low Club (GM)(CC)(HTZ)(CAL)(UAUA)(MNI)

Posted: July 2, 2008 at 2:47 pm

GM (GM) falls as issue of Chapter 11 is raised. Drops to $10 from 52-week high of $43.20.Circuit City (CC) drops as Blockbuster (BBI) withdraws bid. Plummets to $2.10 from ...
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OneBeacon, White Mountain Files Shelf Registration (OB, WTM)

Posted: July 2, 2008 at 1:54 pm

OneBeacon Insurance Group (NYSE: OB) isn't a household name.  But today it filed for a $1 Billion mixed securities shelf registration.  With a $1.67 Billion market cap, this may get ...
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Will Cisco Systems Ask Jerry Yang To Leave Its Board? (CSCO, YHOO, MSFT)

Posted: July 2, 2008 at 12:49 pm

Most people think of Jerry Yang as the Chief Yahoo! over at Yahoo! Inc. (NASDAQ: YHOO).  But there is another Jerry Yang role, and we aren't talking about him living ...
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Getty Images Goes Bye-Bye (GYI, GOOG, MSFT)

Posted: July 2, 2008 at 12:31 pm

The long-awaited $34.00 cash buyout of Getty Images, Inc. (NYSE: GYI) by Hellman & Friedman looks as though it is coming to an end.  The company has issued a statement ...
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Starbucks Actions Severe Enough to Spur Credit Rating Activity (SBUX)

Posted: July 2, 2008 at 11:03 am

Standard & Poor's (via its Ratings Services) has placed its corporate credit ratings on Starbucks Corp. (NASDAQ: SBUX) on CreditWatch with negative implications.  This pertains to the corporate ratings including ...
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A GM (GM) Chapter 11?

Posted: July 2, 2008 at 10:34 am

Merrill Lynch has said what many people already believe. One of the large US car companies could go into bankruptcy. Merrill's comments target GM (GM).The brokerage's analysis is that the ...
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Blockbuster Realizes Circuit City Is Garbage In Garbage Out (BBI, CC)

Posted: July 2, 2008 at 9:38 am

Blockbuster Inc. (NYSE: BBI) is seeing a surge in early trading ahead of a long weekend.  The company realized that the buyout interest of wanting to own Circuit City Stores ...
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More Losses For Merrill Lynch (MER)

Posted: July 2, 2008 at 9:31 am

Oppenheimer says that Merrill Lynch (MER) lost $5.8 billion in the second quarter.The analysis also says Merrill will cut is dividend.According to MarketWatch, Oppenheimer analyst Meredith Whitney also slashed Merrill's ...
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Abu Dhabi Sends X-Ray Order to AS&E (ASEI)

Posted: July 2, 2008 at 8:41 am

American Science and Engineering, Inc. (NASDAQ: ASEI) has announced this morning that the company has received a $55.1 million contract from the Abu Dhabi Customs. The Customs Administration at Abu ...
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Fiserv Sells Insurance Ops, To Shrink Float (FISV)

Posted: July 2, 2008 at 7:44 am

Fiserv Inc. (NASDAQ: FISV) has announced a rather interesting move, and interestingly enough all that will be accomplished on the surface is a direct shrinkage of the company.The company has ...
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Top 10 Pre-Market Analyst Calls (BJ, CPWR, FITB, GM, JCI, RJF, SJM, SUPG, UAUA)

Posted: July 2, 2008 at 7:06 am

These are not anywhere near all of the research upgrades & downgrades we are seeing, but here are ten of the impacting calls we have seen so far in early ...
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IPO PRICING: Energy Recovery, Inc. (ERII)

Posted: July 2, 2008 at 6:53 am

Energy Recovery, Inc. (NASDAQ: ERII) has priced its initial public offering of 14,000,000 shares of common stock at $8.50 per share, which was within the $7.00 to $9.00 range. Of ...
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Ballard Power & Plug Power Extend Exclusive Lock-Up (BLDP, PLUG)

Posted: July 2, 2008 at 6:47 am

Plug Power Inc. (NASDAQ: PLUG) and Ballard Power Systems (NASDAQ: BLDP) have extended their existing supply agreement through December 31, 2010, which was currently set to expire on May 1, ...
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IPO FILING: ZONARE MEDICAL SYSTEMS (ZONE)

Posted: July 2, 2008 at 6:17 am

ZONARE MEDICAL SYSTEMS, INC. has filed for an initial public offering to sell up to $86.25 million as the nominal securities amount.  The company has applied to take on the ...
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