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Daily Archives: July 9, 2008

Top 10 Pre-Market Analyst Upgrades (CCJ, EDS, GENZ, GU, QCOM, STLD, RIG, VRSN, WB, XNPT)

Posted: July 9, 2008 at 6:26 am

These are not all of the upgrades we have seen so far this morning, but here are ten of the top positive analyst calls we have seen so far early ...
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Top 10 Pre-Market Analyst Downgrades (ACE, DRIV, EIG, PAC, INTU, NOK, NCX, OMX, VMW)

Posted: July 9, 2008 at 6:22 am

There are many research calls out this morning. Here are ten downgrades or negative analyst calls we are monitoring this morning:ACE Ltd. (NYSE: ACE) Cut To Hold From Buy By ...
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IMF Does Not Like Economy’s Chances

Posted: July 9, 2008 at 6:03 am

The IMF seems to think that the global economy is going to go badly this year and worse next.According to Reuters, "With sky-high food and oil prices adding to the ...
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Merrill Lynch (MER) To Get $5 Billion For Bloomberg Stake

Posted: July 9, 2008 at 5:46 am

It looks like Merrill Lynch (MER) is about to get a big lift for its balance sheet. According to The New York Post, Michael Bloomberg is prepared to pay $5 ...
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Alcoa (AA): A Weather Vane For Inflation

Posted: July 9, 2008 at 5:38 am

Wall St. liked Alcoa's (AA) earnings. They were down, but no by as much as most analysts had supposed.Earnings at the metal company dropped 24% to $546 million. Revenue was ...
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Auction-Rate Securities And Alcatraz

Posted: July 9, 2008 at 5:24 am

It is a good thing that "The Rock" is a national park now, and not a high-security prison. Some of the people who marketed auction-rate instruments may be going to ...
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Icahn’s Folly: What Can He Get For Yahoo! (YHOO)?

Posted: July 9, 2008 at 5:06 am

Carl Icahn often makes money in his corporate takeover attempts, but he is as flawed as a raider can be. His recent investments in Motorola (MOT) and Blockbuster (BBI) have ...
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The SEC And The Credit Rating Agencies, Better Profits Through Cheating (MCO)(MHP)

Posted: July 9, 2008 at 4:50 am

"I am shocked, shocked to see that gambling is going on in here,"--Captain Renault, "Casablanca: 1942Of course, Captain Renault controlled the gambling in Casablanca, but it was best that, as ...
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Google’s (GOOG) YouTube Disaster

Posted: July 9, 2008 at 4:33 am

Google (GOOG) paid something around $1.7 billion to buy YouTube, which is by a wide measure the most popular video site in the world. By some accounts, one billion videos ...
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Media Digest 7/9/2008 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: July 9, 2008 at 3:00 am

According to Reuters, large Yahoo! (YHOO) shareholder Legg Mason said Carl Icahn's bid would have more support if he guaranteed he would not sell the company for less than $33.Reuters ...
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Asia Markets 7/9/2008 (LFC)(SNP)

Posted: July 9, 2008 at 2:40 am

Most markets in Asia were higher.The Nikkei moved up .2% to 13,052. Izuzu Motors was up 3.3% to 498. KDDI was up 1.1% to 621000.The Hang Seng rose 2% to ...
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