Monday, December 3, 2007

Multifarious Morsels

Yahoo Finance poll today: 77% of respondents expect a rate cut on 12/11.

Diamond Offshore announced contracts worth up to $2.3 bln.

Top independent research firm positions EMC as a leader in enterprise content management. Seeking Alpha reports a Barron's interview with $2 billion fund manager and stock advisor Don Hays of Hays Advisory Group who likes EMC.

ARO (25.18 -1.45%), 200 dma $25.35; where to buy again? $24? Then $21?

CHK (37.46 -1.03%); support near $34?

Homebuilder Lennar Corp. (LEN 16.04, +0.20) and Morgan Stanley Real Estate, an affiliate of Morgan Stanley (MS 52.38, -0.33), announced an investment joint venture to acquire, develop, manage and sell residential real estate. Concurrently, Lennar, which is reeling from a slowdown in the U.S. housing market, agreed to sell the venture a diversified portfolio of land valued at $1.3 billion for $525 million. A sign that we're nearer the bottom?

Sears' (SHLD) Lampert fires back

DOW 200 dma 13253, NAZ 2589, S&P 1484

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