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Daily Archives: November 21, 2008

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Top Pre-Market Analyst Downgrades (ADSK, BEAV, CPSI, DELL, GPRO, GR, GOOG, JASO, CSIQ, ORCL, SPR, STP, VMW)

Posted: November 21, 2008 at 7:25 am

These are the top analyst downgrades and negative analyst calls we are seeing this Friday morning:Autodesk (ADSK) Cut to Neutral at Baird.BE Aerospace (BEAV) Cut To Market Perform at FBR.Computer ...
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Verizon (VZ) Gets It Own Apple (AAPL) iPhone

Posted: November 21, 2008 at 6:23 am

It must vex the Verizon (VZ) management that AT&T (T) has the nifty Apple (AAPL) iPhone and all the publicity and surging handset sales that go with it. AT&T even ...
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Rallying Back From The Depths Of Hell

Posted: November 21, 2008 at 6:09 am

The market has to rally something, and this is as good as any. The DJIA has fallen from 13,850 less than a year ago to 7,552. The idea that Citigroup ...
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Farmers Face Down Deflation As Tractors Get Rusty

Posted: November 21, 2008 at 5:50 am

Farmers are supposed to be frugal and that characteristic may serve them well. After getting fat and happy off high agricultural goods prices, they get to be on the poor ...
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As Corporate IT Spending Drop Apple (AAPL) And RIM (RIMM) Hold On

Posted: November 21, 2008 at 5:30 am

Corporate IT spending has driven off a cliff. No one should be surprised. The recession has cut into corporate revenue. Many companies are faced with cutting people or upgrading hardware ...
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As New York Times (NYT) Cuts Dividend, Rupert Murdoch Sits In The Wings

Posted: November 21, 2008 at 5:08 am

The New York Times Company (NYT) announced that it was cutting its dividend by 74% to $.06. That came after its revealed that its October advertising revenue fell over 16%. ...
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Media Digest 11/21/2008 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: November 21, 2008 at 3:51 am

According to Reuters, Citigroup (C) is weighing options including a sale.Reuters reports that oil moved to a three-and-a-half year low.Reuters writes that Fannie Mae (FNM) and Freddie Mac (FRE) are ...
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Asia Markets And Europe Open 11/21/2008

Posted: November 21, 2008 at 3:24 am

Most markets in Asia rose.The Nikkei was up 2.7% to 7,911.The Hang Seng rose 3% to 12,668.The Shanghai Composite was down .7% to 1,969.In Europe, the FTSE opened down .5% ...
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