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Daily Archives: June 4, 2007

Amgen Buys Ilypsa, Diversification Via Acquisition

Posted: June 4, 2007 at 10:08 pm

Amgen (AMGN) is paying a hefty sum to diversify its Aranesp and Epogen franchises.  The company is acquiring developmental-stage Ilypsa, a biotech company based in San Francisco that focuses on ...
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Cramer Calls For a Citigroup Break-Up (C)

Posted: June 4, 2007 at 5:17 pm

On tonight's MAD MONEY on CNBC, Jim Cramer said that he wants to address the board of Citigroup (C-NYSE) because they are sitting on a goldmine: He questions the whole ...
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ETF Winners & Losers (June 4, 2007)

Posted: June 4, 2007 at 3:44 pm

Stock Tickers: OIH, DBB, ITB, UVT, GWL, URE, DUG, EZA, HHK, FBT, INP, EWZ, PGJ, CHNETF WINNERS JUNE 4, 2007:Oil Services HOLDRs (OIH)                       ...
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Cramer’s ASCO Biotech Stocks (CELG, ONXX, WMT)

Posted: June 4, 2007 at 1:49 pm

On today's Stop Trading segment on CNBC, Jim Cramer said he was shocked that Revlimid from Celgene (CELG) was hardly noticed and he thinks it's ready to run here.  This ...
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Cramer’s Apple Strategy Ahead of iPhone (AAPL)

Posted: June 4, 2007 at 1:03 pm

Jim Cramer on TheStreet.com video gave an Apple (AAPL) stock strategy going into the June 29 release date.  The video is more detailed but in short he thinks you can ...
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Scholastic: Would Harry Potter Already Take Profits? (SCHL)

Posted: June 4, 2007 at 12:30 pm

Scholastic Corp. (SCHL-NASDAQ) is up more than 13% after announcing the $200 million accelerated share buyback plan after the close on Friday.  This is always a tough decision, but what ...
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AT&T (T): Expand Overseas?

Posted: June 4, 2007 at 12:16 pm

The new CEO of AT&T (T) says he is looking outside the US for acquisitions. His company has already sucked up every regional Bell except Qwest (Q) and Verizon (VZ). ...
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Blackstone IPO Terms Set

Posted: June 4, 2007 at 10:14 am

The Blackstone Group L.P. has set its IPO terms for its 133,333,334 million limited partnership units in an initial range of $29.00 to $31.00 per unit.  These are units rather ...
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iPhone Pre-Sale Major Premiums on eBay (AAPL, EBAY)

Posted: June 4, 2007 at 9:10 am

Since the Apple (AAPL-NASDAQ) iPhone has been given the actually release date of June 29, 2007, it looks like the eBay (EBAY-NASDAQ) auction scalping is back on.  Keep in mind ...
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The Krispy Creme (KKD) Donut Boat Don’t Float

Posted: June 4, 2007 at 8:31 am

Krispy Creme (KKD) lost more money last quarter, again. And, to make matters worse, revenue dropped. The company is slowly disappearing. The top line dropped over 7% to $111 million. ...
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Dominion’s $6.5 Billion Asset Sale

Posted: June 4, 2007 at 8:30 am

Dominion Resources Inc. (D-NYSE) has been trying to trim down its focus on more core assets via assets sales and select combinations. This morning the company has enetered into two ...
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Pre-Market Stock News (June 4, 2007)

Posted: June 4, 2007 at 7:55 am

(ANSW) Answers may be an indicated Internet takeover target according to “TheDeal.Com”; shares trading up 2.2%.(CBI) Chicago Bridge & Iron won a $775M LNG pact in Chile. (CELG) Celgene up ...
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Wal-Mart Gets 4 Upgrades (WMT)

Posted: June 4, 2007 at 7:02 am

In our Friday article noting that the 'less bad is good' for Wal-Mart (WMT-NYSE), we noted that theway the news was presented and the initiatives that were being continued were ...
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Dendreon Taps Financing Sooner Than Expected

Posted: June 4, 2007 at 6:35 am

Shares of Dendreon (DNDN) are trading down some 7% pre-market after the company announced that it was going to offer $75 million in convertible senior subordinated notes that are due ...
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Europe Markets 6/4/2007

Posted: June 4, 2007 at 6:29 am

Most markets in Europe were off about one-half of one percent.British Air (BAB) was down 1.3%. GlaxoSmithKline (GSK) was down 1.5%. DeutscheBank (DB) was down 1.4%. Volkswagen was up 1.7%. ...
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