AAPL Downgrade: Praise for the Sell-side

Apple shares are under modest pressure Tuesday after Morgan Keegan analyst Tavis McCourt downgraded the firm, citing macroeconomic weakness and Apple’s exposure to state and local governments, whose budgets are coming under severe pressure.McCourt’s downg

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Petraeus: Iraq Security Gains ‘Fragile’

Gen. David Petraeus told Congress that security gains in Iraq were “fragile and reversible” in a progresss report. Video courtesy of Reuters. (April

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AMD’s Miss: Collateral Damage Limited

Advanced Micro Devices dropped another (stink) bomb Monday night, forecasting first-quarter revenues below expectations and announcing plans to cut 10% of its workforce.AMD said it had “lower than expected sales across all business segments,” an

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Greenspan: OK, Blame Me a Little

Alan Greenspan is taking his “reputation reclamation project” to new heights with a lengthy interview with The Wall Street Journal’s Greg Ip.Greenspan admits to a few errors in judgment and that he was “praised for things I didn’t do,”

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Morning Mashup: Bad News (and Bad Hair) Outweighs Good

Tuesday is shaping up as a key test of the market’s recent flirtation with optimism.Will traders focus on the “good news” coming from Washington Mutual, which raised $7 billion from TPG ($2 billion more than rumored Monday) and Goldman Sachs, wh

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Petraeus: Iraq Security Gains ‘Fragile’

Gen. David Petraeus told Congress that security gains in Iraq were “fragile and reversible” in a progresss report. Video courtesy of Reuters. (April

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Wall Street Losing Patience With Yahoo

From Silicon Alley Insider, April 8, 2008:Like Steve Ballmer, Wall Street appears to be getting tired of Yahoo’s waiting game (YHOO).It has been a while since big shareholders like Legg Mason’s Bill Miller came out publicly to say that Microsoft (MSFT) ne

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Apple Downgraded, Yahoo’s Yang Responds

Yahoo finally answers Microsoft’s ultimatum; Air travelers have worst year according to a survey; Apple gets hit with a downgrade while Alcoa and AMD disappoint. (April

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