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Daily Archives: November 3, 2008

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Sirius (SIRI): With Half Of Subscriptions From Car Companies, Satellite Radio Heads To Oblivion

Posted: November 3, 2008 at 8:04 pm

Approximately half of the subscribers to Sirius (SIRI) satellite radio originally came though new car sales. That channel accounted for about 80% of sales last quarter. With US car sales ...
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New Yahoo! (YHOO) Deal With Google (GOOG): Saving Face, Little Value

Posted: November 3, 2008 at 7:42 pm

Once it became clear that The Department of Justice would take dim view of Google (GOOG) selling search advertising for Yahoo! (YHOO) under a 10-year partnership, it looked as though ...
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Coldwater Creek Up You Know Which Creek (CWTR)

Posted: November 3, 2008 at 4:25 pm

Coldwater Creek Inc. (NASDAQ: CWTR) has issued an earnings warning after the close of trading.  Its preliminary third quarter results show sales of approximately $225 million.  But that is only ...
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The 52-Week Low Club (MCK)(VSE)(ATRC)(CLZR)

Posted: November 3, 2008 at 4:16 pm

McKesson (MCK) Sales slowdown and downgrade. Drops to $35.81 from 52-week high of $68.43.Verasun Energy (VSE) Chapter 11. Sells down to $.20 from 52-week high of $17.75.Atricure (ATRC) Department of ...
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Foreign & US Autos, A Nursing Home Beauty Contest (GM, F, TM, HMC)

Posted: November 3, 2008 at 3:40 pm

It was no secret that US auto sales were going to be down the drain.  Frankly, it is hard to find many who really expect any sudden recovery.  The election ...
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GM’s (GM) Stock: Now Just A Junk Bond

Posted: November 3, 2008 at 2:40 pm

GM's (GM) stock can no longer be viewed as equity in the sense that it would be at most companies. It does trade on the NYSE, at an average volume ...
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Insight In Most Active Options (PG, HUN, GE)

Posted: November 3, 2008 at 1:58 pm

We have evaluated several options trades today which struck us as rather unusual and may be indicative of speculative bets.  We have put links through to each full story over ...
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Will Gears of War 2 Challenge Halo 3 Records? (MSFT, GME)

Posted: November 3, 2008 at 12:19 pm

There is another blockbuster gaming event this week on November 7: the release of "Gears of War 2 " The game published by Microsoft (NASDAQ: MSFT) Game Studio's unit and ...
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Store Closings Aside: Circuit City (CC) Can’t Make It To 2009

Posted: November 3, 2008 at 11:21 am

Today's financial news headlines and stories are about how Circuit City (CC) is closing 155 stores in the hope of staying in business.The real story is in the fine print. ...
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Today’s Most Remarkable Moment On Financial TV Today: CNBC And Ryanair

Posted: November 3, 2008 at 10:56 am

CNBC interviewed remarkably pompous Michael O'Leary, CEO of European discount airline Ryanair.O'Leary described why a recession is great for the economy. He called other airlines "rubbish" and explains how he ...
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Shareholders Fighting SIRIUS XM To The Core (SIRI)

Posted: November 3, 2008 at 10:27 am

If you are one of the hundreds of thousands of investors following penny stocks and low-priced stocks such as SIRIUS XM Radio Inc. (NASDAQ: SIRI), then you will not be ...
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Have Cisco Earnings Expectations Come Down Enough? (CSCO)

Posted: November 3, 2008 at 10:04 am

Cisco Systems, Inc. (NASDAQ: CSCO) is set to report earnings after the close of trading on Wednesday.  While many technology, telecom, and networking companies have grown more cautious, it is ...
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Most Overpaid CEO Of The Day: Sachi Gerlitz Of Ness Technologies (NSTC)

Posted: November 3, 2008 at 10:01 am

Sachi Gerlitz, the CEO of Ness Techologies (NSTC), is remarkably well paid for doing a less than modest job of getting shareholders results.According to the NSTC proxy he made $903,000 ...
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Worst Corporate Press Release Of The Day: Dana (DAN)

Posted: November 3, 2008 at 9:41 am

"Dana Holdings Corporation Sharpens Focus On Leadership Roles""Dana Holding Corporation (DAN )today announced that its Board of Directors has appointed John Devine to the expanded role of chairman and CEO, ...
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Sierra Pacific: More Might Be Less (SRP)

Posted: November 3, 2008 at 9:19 am

Back in September, Sierra Pacific Resources (NYSE:SRP) changed the names of both its utility companies to NV Energy. That didn't do much to help its third-quarter earnings, which the company ...
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