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Daily Archives: July 17, 2008

Which Major Media Companies Will Buy The Big Blogs?

Posted: July 17, 2008 at 7:46 am

24/7 Wall St. recently listed The 25 Most Valuable Blogs. Two have been sold. Ars Technica was acquired by Conde Nast for about what we estimated. The 24/7 price tag ...
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Canadian Solar Secondary Pricing Pressures Stock (CSIQ)

Posted: July 17, 2008 at 7:45 am

Canadian Solar Inc. (NASDAQ: CSIQ) has priced its follow-on secondary offering of 3,500,000 common shares at $34.00 per share. Deutsche Bank and Piper Jaffray are the joint book-runners for the ...
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Top Pre-Market Analyst Downgrades (AMRI, BBY, EBAY, GGC, PLD, JOE, WFC)

Posted: July 17, 2008 at 7:00 am

These are not all of the analyst downgrades or negative calls affecting shares, but these are some of the calls impacting shares pre-market this Thursday morning:Albany Molecular (NASDAQ: AMRI) Cut ...
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Top Pre-Market Analyst Upgrades (ACE, AUTH, CMCSA, IFX, LLTC, MCHP, SOLF, HOT)

Posted: July 17, 2008 at 6:51 am

These are not all of the upgrades and positive analyst calls affecting shares, but these are some of the calls impacting shares pre-market this Thursday morning:Ace Limited (NYSE: ACE) Raised ...
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Nokia (NOK) Sucks More Air Out Of The Handset Room (AAPL)(MOT)(RIMM)

Posted: July 17, 2008 at 5:39 am

Nokia (NOK) had a stronger second quarter than most people expected. According to The Wall Street Journal, "Nokia said sales rose to €13.15 billion from €12.59 billion. Analysts expected sales ...
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Car Sales Recession Gets Worse Into 2009

Posted: July 17, 2008 at 5:21 am

At the beginning of this year, a number of US car companies said they thought that domestic units sales would drop only slightly from 2007. Those numbers have been revised ...
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The Mirage Of Rising Global PC Sales (AAPL)(INTC)(AMD)(NVDA)(DELL)(HPQ)

Posted: July 17, 2008 at 5:08 am

Several reputable firms measure global PC sales. According to The Wall Street Journal, "Gartner Inc. said world-wide PC shipments grew 16% in the period, with U.S. shipments growing 4.2%." On ...
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ebay (EBAY): Stealing Sales From The Old World Economy

Posted: July 17, 2008 at 4:49 am

Wall St. was not in love with ebay's (EBAY) earnings. They were outstanding, but the company's forecasts were light. According to The Wall Street Journal, "In the second quarter, eBay's ...
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China: A 10% GDP Growth Rate Recession

Posted: July 17, 2008 at 4:30 am

A recession cannot exist without two consecutive quarters of negative GDP growth. It is right there in every economics textbook.China may be a bit different and may show that the ...
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Media Digest 7/17/2008 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: July 17, 2008 at 2:56 am

According to Reuters, the FBI is probing IndyMac (IMB) for possible fraud.Reuters reports that Ebay's (EBAY) outlook knocked its shares down.Reuteres writes that Merrill Lynch (MER) will sell its Bloomberg ...
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Asia Market 7/17/2008 (LFC)(SNP)

Posted: July 17, 2008 at 2:31 am

Markets in Asia were mixed. The Nikkei was up 1% to 12,888. Japan Airlines was up 4.3% to 221.Japan Tobacco was up 3.5% to 443000.The Hang Seng rose 2.5% to ...
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