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Armor Holdings to be Acquired
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Another one of our holdings is about to get acquired:
Armor Holdings, which has local operations in Fairfield and West Chester, said Monday that it is being acquired by a British defense firm.
BAE Systems Inc., a subsidiary of United Kingdom-based BAE Systems plc, said it has agreed to acquire Jacksonville, Fla.-based Armor for $4.1 billion, or $88 per share.
At $88 per share equates to over an 80% gain in our AH position.
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Cisco Agrees to Buy Web Conferencing Company WebEx for $3.2 Billion in Cash
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SAN FRANCISCO (AP) -- Cisco Systems Inc. said Thursday that it has agreed to acquire the online meeting company WebEx Communications Inc. for about $3.2 billion in cash.
Cisco, the leading maker of routers and switches that direct data over computer networks, said it will pay $57 per share of WebEx. That represents a 23 percent premium over WebEx's closing price of $46.20 Wednesday on the Nasdaq Stock Market.
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Posted by ljdeangelis on Friday, March 16 @ Eastern Daylight Time (313 reads)
(comments? | Score: 0)
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May 2006 Equities Market Correction More Severe Than Sell-off in 2000
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May 25, 2006--Even after today's equity rally, the severity of the recent market correction, when measured on a return basis, has been more than twice as intense as the decline that occurred following the stock market highs of March 2000, according to CPMKTS(sm) The Capital Markets Index, the first and only measure of the total return of the U.S. investment-grade capital markets. Click 'Read More'
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Google Launches Financial Website
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Google Inc. unveiled a new site Tuesday featuring financial news and related content, pushing into a high-growth market long ago staked out by rivals such as Yahoo Inc.
http://finance.google.com
Type in a stock ticker. You'll notice that you can scroll the chart and see where news stories correspond. Pretty cool tool.
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2 ECCP Holdings Added to QQQQ
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NASDAQ just announced a re-balancing of their tech index, QQQQ. It seems that GOOG and ATVI have been added!
Click 'read more' to see the story
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Posted by dcheng on Saturday, December 10 @ Eastern Standard Time (168 reads)
(Read More... | 2177 bytes more | comments? | Score: 4.5)
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Bill (BBOC) posted this article in the forums. I think it's worth a read. It seeks to find some answers to AQNT's ride to glory.
Click 'read more' to see the article
Click here for the AQNT forums and post your thoughts!
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XBox 360 Launch and its impact on the market
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I found an interesting story on how the street feels the new Xbox 360 will impact the market. I've put a post on the forums on the topic too.
Click 'read more' to read the news story.
Click Here to see the forum topic
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Google: AWWWW YEEAAAHHH!!!
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Google: The $400 club
Shares of the popular search engine have eclipsed the big milestone. How high can the stock go?
Click 'Read More' to find out...
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TORONTO, Nov 07, 2005 (MARKET WIRE via COMTEX) -- Generex Biotechnology
Corporation (NASDAQ: GNBT) announced today that on October 31, 2005 it filed its
Annual Report on Form 10-K in respect of its fiscal year ended July 31, 2005.
The Form 10-K includes the report of BDO Dunwoody LLP, its independent
registered public accounting firm, with respect to the Company's financial
statements for the fiscal year ended July 31, 2005. The report of BDO Dunwoody
LLP included an explanatory paragraph regarding the company's ability to
continue as a going concern given its recurring net losses and negative cash
flows from operations and its working capital deficiency.
CLICK HERE to read the 10-k statement. Pay attention to auditors comments and Note 1
We already sold our GNBT holdings and made a decent profit. I still think it useful to follow this company and the course it takes. Some have pointed out that the shares are now trading above 1.20, but I still think we sold at an appropriate time given all the risk. The ongoing concerns about the company's ability to maintian enough cash to operate might be a prompt for some of you with personal GNBT holdings to take your profits.
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Posted by dcheng on Monday, November 07 @ Eastern Standard Time (201 reads)
(comments? | Score: 0)
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ATVI just held their quarterly conference call. The company beat the expectations for the quarter by posting a $0.05 loss per share instead of a $0.07 loss per share. Still, this is compared to a $0.09 profit per share a year ago. Click 'read more' to see more earnings information.
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Posted by dcheng on Wednesday, November 02 @ Eastern Standard Time (151 reads)
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