register posts
FeedPosted Jun 6th 2007 9:15AM by Eric Buscemi (RSS feed)
Filed under: Newspapers, Magazines, Internet, Google (GOOG), Bed Bath and Beyond (BBBY), Morgan Stanley (MS)
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MAJOR PAPERS:
- The Wall Street Journal's "Heard on the Street" column wrote that it may not be a good time to buy Bed Bath & Beyond Inc (NASDAQ: BBBY), due to the stocks slump, earnings that will miss estimates, the housing slump and edgy consumers.
- According to Barron's Online's "Weekday Trader," Smith & Wesson Holding Corporation's (NASDAQ: SWHC) fortunes could really take off if the U.S. Army decides to issue soldiers powerful .40 or .45 caliber pistols as standard-issue sidearms.
- The Financial Times reported that a review of data involving pharmaceutical company GlaxoSmithKline's (NYSE: GSK) diabetes drug did not reduce concerns about the drug's safety -- Some medical professionals have linked the company's diabetes drug, Avandia, to heart problems.
OTHER PAPERS:
- Morgan Stanley (NYSE: MS) has advised its clients to reduce their exposure to stocks, after the investment bank's three key warnings began indicating sell signals for the first time since the dotcom bust, according to the Telegraph.
WEBSITES:
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MAJOR PAPERS:
Foreclosures fall, but are still higher than a year ago
HP's deal for 3Com: A missile launch at Cisco?
Before the bell: Stocks to open lower despite Wal-Mart's beat
