Quantcast

Daily Archives: March 22, 2007

Media Digest 3/22/2007 Reuters, WSJ, NYTimes, FT, Barron’s

Posted: March 22, 2007 at 3:54 am

According to Reuters, Starbucks (SBUX) is close to a settlement with the Ethiopian government over trademarking the country's coffee beans.Reuters writes that Hutchison Whampoa Ltd narrowed its loss on better ...
Read Full Story »

Asia Markets 3/22/2007 Hitachi, Cathay Pacific Up

Posted: March 22, 2007 at 3:31 am

Most markets in Asia were sharply higher.The Nikkei rose 1.5% to 17,419. Bridgestone was up 1.5% to 2410. Canon was up 1.7% to 6540. Fuji Film was up .6% to ...
Read Full Story »
Spx50day

S&P Closes Above 50-Day; Utilities, Telecom Make New Highs

Posted: March 22, 2007 at 3:18 am

From Ticker SenseAfter today's gains, the S&P 500 has moved back above its 50-day moving average.  Utilities and Telecom, unfazed by prior broad market declines, are back to 52-week highs. ...
Read Full Story »

MOT: Motorola Confirms Our Thesis – No Bottom in Sight for Mobile

Posted: March 22, 2007 at 3:17 am

By William Trent, CFA of Stock Market BeatWe have been saying for quite some time that the mobile phone market had peaked for the current cycle, and have been bearish ...
Read Full Story »

On Corus, Fremont, and the Impairment Charge

Posted: March 22, 2007 at 3:14 am

From Gannon On IvestingI haven't written about the sub-prime lending story on this blog, because it didn't involve the kinds of stocks I would normally write about. Despite the recent ...
Read Full Story »

AES: Restating Due To Remediation

Posted: March 22, 2007 at 3:10 am

From AAO WeblogMonday, AES Corporation issued a non-reliance 8-K covering its financials for 2006 to date and the years ended 2005, 2004, and 2003.The company is still investigating, but it ...
Read Full Story »

Wednesday’s Top Biotech & Medical Stocks

Posted: March 22, 2007 at 3:07 am

by H.S. AyoubBioHealth Investor.comBiotechnologyOSIRIS THERAPEUTICS [OSIR] +12.53% EMERGENT BIOSOLUTION [EBS] +9.25% ZIOPHARM ONCOLOGY IN [ZIOP] +8.91% NANOGEN INC [NGEN] +8.20% NEURO-HITECH INC [NHPI.OB] +6.60% Diagnostic SubstancesADVANCE MAGNETIC [AMAG] +6.49% REMOTEMDX ...
Read Full Story »

Chapman Demands Independent Audit of eSpeed (ESPD) – Cantor Fitzgerald Agreement

Posted: March 22, 2007 at 3:03 am

From 13DTrackerLarge eSpeed, Inc. (Nasdaq: ESPD) holder, Chapman Capital LLC, demanded that the company's Board of Directors retain an independent auditor, distinct from eSpeed/BGC Partners/Cantor Fitzgerald's shared financial auditor Deloitte ...
Read Full Story »

Chapman Capital Demands Embarcadero Technologies (EMBT) Director Haroian Resign

Posted: March 22, 2007 at 3:00 am

From 13D TrackerChapman Capital, a 9.3% holder of Embarcadero Technologies Inc. (Nasdaq: EMBT), demanded that Mr. Gary E Haroian immediately resign from the company's board of directors.Robert Chapman said, "Mr. ...
Read Full Story »

Loeb’s Third Point LLC Raises Stake in PDL BioPharma (PDLI), Wants Four Board Seats, Retain Consulting Firm

Posted: March 22, 2007 at 2:58 am

From 13D TrackerIn an amended 13D filing on PDL BioPharma Inc. (Nasdaq: PDLI), Dan Loeb's Third Point LLC disclosed an 8.8% stake (10.1 million shares) in the company. This is ...
Read Full Story »