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Daily Archives: April 24, 2007

AMD’s (Almost) Favorable Borrowing Terms Help, For Now

Posted: April 24, 2007 at 9:53 am

Last night, Advanced Micro Devices (AMD-NYSE) dropped the ball that it was selling $1.8 Billion in senior convertible notes and shares were down 3% in after-hours and pre-market activity.  This ...
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The New York Times Should Sell About.com

Posted: April 24, 2007 at 9:31 am

Arthur Sulzberger, Jr., Chairman of The New York Times Company (NYT) made this comment in the company's proxy: "we believe About.com is now worth at least twice what we paid ...
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Sirius 52-Week Low Alert

Posted: April 24, 2007 at 9:10 am

Sirius Satellite (SIRI) dropped to another 52-week low this morning, hitting $2.76.Douglas A. McIntyre ...
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DRAM Prices Bottoming: Industry Forecasts

Posted: April 24, 2007 at 8:53 am

DRAMexchange has a note this morning that DRAM prices may soon hit a bottom.  It also notes that NAND Flash suppliers are speeding up development of built-in memory products for ...
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IPO Trading Alert: Cinemark Holdings (CNK)

Posted: April 24, 2007 at 7:18 am

Cinemark Holdings did price its IPO last night at the higher-end of the range.  It priced 28 million shares at $19.00, and the range was indicated at $17.00 to $19.00.  ...
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Full Research Summary (APR 24, 2007)

Posted: April 24, 2007 at 7:10 am

ADI started as Outperform at Bear Stearns.ADM started as Neutral at B of A; started as Overweight at JPMorgan.ARXX Cut to Hold at Jefferies.BBND started as Buy at Jefferies; started ...
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IPO Filing Alert: Lumber Liquidators

Posted: April 24, 2007 at 7:00 am

Lumber Liquidators, Inc., the largest specialty retailer of hardwood flooring in the United States, has filed to sell up to $150 million in shares via an IPO. Underwriters are listed ...
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AT&T: Don’t Phone Home

Posted: April 24, 2007 at 6:52 am

AT&T (T) Q1 Thomson estimate revenue $29.52B.Well, so much for the estimate. AT&T's first-quarter 2007 reported net income was $2.8 billion, up from $1.4 billion in the first quarter of ...
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Pre-Market Stock News (April 24, 2007)

Posted: April 24, 2007 at 6:41 am

(AAPL) Apple’s ex-CFO is settling SEC accounting issues over backdating of options; ex-legal counsel is not settling and will fight the charges. (ATU) Actuant noted by Cramer as a private ...
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China Loves Its Pirates

Posted: April 24, 2007 at 6:39 am

China thinks that the US is being too tough on it by taking complaints about piracy of films and software to the World Trade Organzation. But according to Reuters: "Underscoring ...
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Earlybird Analyst Calls (APR 24, 2007)

Posted: April 24, 2007 at 6:07 am

ADI started as Outperform at Bear Stearns.ADM started as Neutral at B of A; started as Overweight at JPMorgan.BBND started as Buy at Jefferies.BG started as Neutral at JPMorgan.BMC started ...
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Europe Markets 4/24/2007

Posted: April 24, 2007 at 5:10 am

Markets in Europe were lower at 6.00 AM New York time.The FTSE fell .7% to 6,432. Barclays (BCS) was down 1.8% to 719.5. BP (BP) was .1% to 758. BT ...
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Toyota As No.1: Heavy Is The Head That Wears The Crown

Posted: April 24, 2007 at 4:28 am

Toyota (TM) pulled ahead of GM (GM) as the world's No.1 automaker during the first quarter of the year. The Japanese company sold 2.348 million vehicles in the quarter compared ...
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Media Digest 4/24/2007

Posted: April 24, 2007 at 4:08 am

According to Reuters, Toyota (TM) passed GM (GM) as the No.1 car maker in the world during Q1.Reuters writes that Apple's (AAPL) ex-CFO has settled SEC charges.Reuters also writes that ...
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Asia Markets 4/24/2007

Posted: April 24, 2007 at 3:39 am

Markets in Asia were narrowly mixed.The Nikkei fell a small fraction to 17,452. Canon (CAJ) rose 1.5% to 6660. Honda (HMC) fell 1.2% to 4070. NEC (NIPNY) rose 3% to ...
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