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Daily Archives: July 14, 2008

GE’s CFO Offers Long-Term Views: 24/7 Wall St. Exclusive (GE)

Posted: July 14, 2008 at 5:03 pm

Everyone has seen the report from General Electric Co. (NYSE: GE) regarding Friday's earnings.  This report and the current situation remains a glass half-full and a glass half-empty depending upon ...
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Genentech Masks a Whiff (DNA)

Posted: July 14, 2008 at 3:12 pm

Genentech Inc. (NYSE: DNA) is initially looking like a severe disappointment to those who thought Cramer's call last week was the right one.  The largest biotech in the U.S. posted ...
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The 52-Week Low Club 7/14/2008 (CAL)(UAUA)(MNI)(GHS)(WM)(FHN)(WB)(LEH)(MER)

Posted: July 14, 2008 at 2:55 pm

Washington Mutual (WM) Concerns mortgage firm will make it after government takes over IndyMac. Falls to $3.03 from 52-week high of $42.93.First Horizon (FHN) Same fears as with WM. Drops ...
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Genentech Ready to Lead Biotech Earnings Bias (DNA, BIIB)

Posted: July 14, 2008 at 12:37 pm

Genentech Inc. (NYSE: DNA) is set to report earnings after the close of trading today.  The largest biotech in the U.S. is expected to post $0.86 EPS on $3.23 Billion ...
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Can WaMu, National City, Or Others Find Takeunder Bids? (WM, NCC)

Posted: July 14, 2008 at 11:08 am

Washington Mutual Inc. (NYSE: WM) is looking exactly like "The Good, The Bad, and The Ugly."  The difference is that this one is real instead of a movie.  Shares are ...
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Even With Fed Rescue Plan, Major Financials Sell Down (UBS)(FNM)(WM)(WB)(FRE)

Posted: July 14, 2008 at 10:10 am

Fannie Mae (FNM) and Freddie Mac (FRE) opened well up today. FRE hit a high of $9.80 up from a $7.75 close on Friday. Now, it is only up a ...
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Could Your Bank Be Closed By The Feds? (C)(IMB)(BAC)(NCC)

Posted: July 14, 2008 at 9:41 am

The most important financial lifeline for most small businesses and consumers is their bank. More often than not these banks are regional or local. They are easier to approach and ...
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Apple (AAPL) Sells One Million iPhones In Three Days, Little Reaction By Stock

Posted: July 14, 2008 at 9:10 am

According to Apple (AAPL), it sold one million versions of its new 3G handset worldwide during the first day it was on the market."iPhone 3G had a stunning opening weekend," ...
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Boeing (BA) Gets A Big Order

Posted: July 14, 2008 at 8:30 am

Abu Dhabi's national airline today made orders for 35 Boeing (BA) 787s and 10 777s. According to a Reuters report, the list prices of the planes are worth about $8 ...
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Key Analyst Downgrades (CSC, HPC, JBX, RMD, SAPE, HOT, TRIN, WB)

Posted: July 14, 2008 at 6:31 am

These are some of the preliminary downgrades or negative research calls seen out of Wall Street analysts this Monday morning in early morning hours:Computer Sciences Corp. (NYSE: CSC) Cut to ...
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Top Early Analyst Upgrades (CIEN, DF, GENZ, LPX, M, TAP, NOV, OC, VRTX)

Posted: July 14, 2008 at 6:27 am

These are some of the preliminary upgrades or positive research calls seen out of Wall Street analysts this Monday morning in early morning hours:Ciena (NASDAQ: CIEN) raised to Market Perform ...
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Sony (SNE): Playstation Resurrection

Posted: July 14, 2008 at 5:45 am

When the Sony (SNE) PS3 was launched to replace the aging Playstation 2, the Japanese company had great hopes that it could maintain its No.1 spot against Nintendo and the ...
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The Price Of Oil: A Strike In Brazil

Posted: July 14, 2008 at 5:29 am

Workers for Petrobas, the largest oil company in Brazil, are going on strike. According to Bloomberg, the action may cut Brazilian daily oil output by more than half. In a ...
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The Government Chases Rumor Mongers, Mirages, And Ghosts

Posted: July 14, 2008 at 5:16 am

Several agencies within the federal government will start to target people and firms who spread rumors to move share prices up and down. Allegedly, this is a practices often used ...
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Fannie Mae (FNM), Freddie Mac (FRE), And Bear Strearns: Who Decides Who Lives And Who Dies?

Posted: July 14, 2008 at 5:01 am

The federal government has decided that Fannie Mae (FNM) and Freddie Mac (FRE) are too big to fail. The Fed and Treasury will offer a combination of loans and stock ...
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