Business

Media Digest 8/16/2007 Reuters, WSJ, NYTimes, FT, Barron’s

According to Reuters, China Mobile's (CHL) net rose 28%. Reuters writes that Amgen (AMGN) will fire 14% of its sales force.Reuters reports that Hasbro (HAS) will increase inspection of products ...
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Cramer’s Immune Growth Pick In A Crummy Market (GRMN, UA, CROX, NVT, TRMB, SIRF)

On tonight's MAD MONEY on CNBC, Jim Cramer wanted to look at what actually works in a major credit crunch.  His situation that worked back in 1990 in food, drug, ...
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Taking Charter (CHTR) Private

Billionaire Paul Allen disclosed that he was looking that the possibility of taking Charter Communications (CHTR) private or "a recapitalization or restructuring designed to reduce Charter's leverage", according to The ...
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Amgen Moves From Biotech to Big Pharma, With More Baggage

Amgen Inc. (NASDAQ:AMGN) did what Wall Street thought it would in its after-the-bell conference call.  The biotech giant announced layoffs to the tune 12% to 14% of its workforce, which ...
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Wal-Mart Flirts With 52-Week Lows; Will Lee Scott Consider His Future? (WMT)

Retail behemoth Wal-Mart (NYSE:WMT) has graced us today with a dubious 52-week low.  If this gets under and closes under $43.48, then Wal-Mart stock will be riding a true 52-week ...
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Maybe Warren Buffett Is The Buyer of Last Resort in Financials (BRK-A, WFC, BAC, USB)

Yesterday evening's FED FILINGS shows some interesting increases in holdings in Warren Buffett's Berkshire Hathaway (NYSE:BRK-A).  He boosted holdings in his financial stocks, and it is helping the stocks today.  ...
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E*Trade DARTs Rise As Customer Internals Weaken (ETFC)

E*Trade Financial Corp. (NASDAQ:ETFC) released the industry metric that Wall Street looks at to see how its overall trading revenues are going.  Its DARTs (daily average revenue trades) rose a ...
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Wal-Mart (WMT) Will Begin To Close Stores

Wal-Mart's (WMT) quarterly numbers were awful and they sent the company's shares to a new 52-week low of $43.52. The 52-week high is $52.15. The weakest part of the retail ...
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Home Depet (HD): Things Get Nasty

The Home Depot (HD) today reported fiscal 2007 second quarter consolidated net earnings of $1.6 billion, or $0.81 per diluted share, compared with $1.9 billion, or $0.90 per diluted share, ...
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Financial Website Rankings For July: WSJ Digital, No Murdoch Goldmine

It appears that the speculation about Rupert Murdoch's News Corp (NWS)  making the WSJ online edition free to expand its audience may not make sense. Based on measurements from Net ...
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Apple (AAPL) Gets Into Social Networking

Apple (AAPL) has created several "widgets" which will make it easy for iTunes users to show what they have bought, what they listen to, and what they think of their ...
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Where Did All Goldman Sach’s (GS) Money Go?

Bloomberg is reporting that $8 billion Global Alpha hedge fund is down 26% this year and 40% since July 31. The fall is going to cost Goldman Sachs (GS) a ...
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Politician And Pundits Look To $100 Oil

The prevailing wisdom is that oil prices will move down. They have already dropped from over $78 to $72, and most observers think that is only the beginning. Troubled financial ...
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Paint-By-Numbers: Why Newspapers Are Screwed (NYT)

From Silicon Valley InsiderIt's easy to say that the New York Times (NYT)  and other newspaper companies are screwed, but sometimes it helps to actually run the numbers.  Do you ...
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Earnings Preview: Blackstone Group (BX)

The Blackstone Group, LP (NYSE:BX) will post earnings for its units on Monday morning, August 13.  First Call looks like the estimates were $0.46 EPS, but investors should be cautious ...
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