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Daily Archives: March 7, 2007

Smithers

Smithers: Look Out Below

From Investment IntelligencerLondon-based strategist Andrew Smithers argues that "everything" is overvalued--stocks, houses, REITs, and even art.  In his view, there are only two ways the situation can correct itself: 1) ...
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Sp_500_1967

Talk About A Lack of Conviction

From Ticker SenseA 90% upside volume day occurs when 90% of the NYSE volume occurs in stocks which finished positive on the day, while a 90% downside day means 90% ...
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Pre-Market Stock News (MAR 7, 2007)

(ADTN) Adtran won IP service contract from Verizon.(ASVI) ASV $0.09 EPS vs $0.11e.(BNT) Bentley Pharma announced approval of its generic oncology product in Spain.(CAKE) Cheesecake Factory announced an additional 10M ...
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Analyst Calls (MAR 7, 2007)

AIV raised to Buy at UBS.ALK started as Hold at Soleil.AMR started as Hold at Soleil.AXL raised to Overweight at JPMorgan.AVAV started as Market Weight at Thomas Weisel.AVB raised to ...
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China Funny Money Becomes Big Business

In China they have a lot of "virtual" money. Consumers play online games and win the ethereal dough. But, it can be used to buy real stuff in the real ...
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Europe Markets 3/7/2007 Deutsche Telekom, France Telecom Down

Europe markets were up slightly at 6.05 AM New York time.The FTSE is up are up .1% to 6,144. Barclays down 1.5% to 719.5. BP is up .3% to 513.5. ...
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Digital Revenue Won’t Save The New York Times

Management at The New York Times Company (NYT) wants Wall St. to know that its digital revenue will rise 30% to $350 million this year. That includes revenue from its ...
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Wall St. Calls For Blood At Dell

Blood lust is such an attractive trait on Wall St. A hardware analyst at Bernstein Research wants Dell (DELL) to cut 15% of its employees. More to the point, 13,124 ...
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Microsoft Wants To Be AT&T

The management at Microsoft is talking big about how its VoIP software is going to rule the world of telecommunications. The company says that its new server software, which allows ...
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Media Digest 3/7/2007 Reuters, WSJ, NYTimes, FT, Barron’s

According to Reuters, Microsoft (MSFT) believes that it can bring in billions of dollars as businesses shift from traditional phone service to VoIP using its software.Reuters writes that investors in ...
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Asia Markets 3/7/2007 China Slides Again With China Mobile Down

Stocks:  (CAJ)(FUJ)(HIT)(HMC)(NIPNY)(NTT)(DCM)(SNE)(TM)(CHL)(CHU)(CN)(PCW)(HBC)Markets in Asia were mixed with the Hang Seng down.The Nikkei was off .5% to 16,765. Bridgestone was down 1.7% to 2405. Canon was down 2.4% to 6070. Fuji ...
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Alaska Air: Lease Restatements Deja Vu

From AAO WeblogRemember the wave of lease restatements from early 2005? That was when a letter from then-chief accountant Don Nicolaisen triggered re-examinations of lease contracts and accounting far and ...
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Tuesday’s Top Biotech & Medical Stocks

From BioHealth InvestorBiotechnologyANTIGENICS INC [AGEN] +11.46% CADENCE PHARM. INC. [CADX] +10.04% COMBINATORX [CRXX] +9.53% GENITOPE CORPORATION [GTOP] +9.24% PROGEN INDS LTD [PGLA] +8.84% Diagnostic SubstancesICAGEN, INC. [ICGN] +11.11% LEXICON GENETICS ...
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Tuesday’s Top Biotech & Medical Stocks

From BioHealth InvestorBiotechnologyANTIGENICS INC [AGEN] +11.46% CADENCE PHARM. INC. [CADX] +10.04% COMBINATORX [CRXX] +9.53% GENITOPE CORPORATION [GTOP] +9.24% PROGEN INDS LTD [PGLA] +8.84% Diagnostic SubstancesICAGEN, INC. [ICGN] +11.11% LEXICON GENETICS ...
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