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Daily Archives: September 17, 2007

InfoSpace Finally Sells, At Least Partly (INSP, IAR, GOOG)

Posted: September 17, 2007 at 8:29 am

InfoSpace (NASDAQ:INSP) has been one of the perpetual old "internet value stocks" that circulated as a takeover stock because of the relative market cap to asset value, but the value ...
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Goldman Sachs Major Oil Changes (APA, FST, KWK, KGS, EP, XOM, FTO, HES, MUR, OXY, CVX)

Posted: September 17, 2007 at 8:05 am

Goldman Sachs this morning made some significant "Super-Spike" era calls where it said oil could reach $135 per barrel and noted up to $4.50 per gallon of gasoline at the ...
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Goldman Sachs Major Oil Changes (Up To $135 Per Barrel Super-Spike)

Posted: September 17, 2007 at 7:24 am

This morning Goldman Sachs has made some major changes to its integrated oil and refining universe to reflect new commodity price assumptions, as well as changes in many cost structures ...
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Pre-Market Stock News (September 17, 2007)

Posted: September 17, 2007 at 7:11 am

(ALVR) Alvarion won a WiMAX contract from Digicel Group in the Cayman Islands.(CTSH) Cognizant Tech announced a 2 for 1 stock split and authorized up to $100 million for share ...
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Pre-Market Analyst Calls (September 17, 2007)

Posted: September 17, 2007 at 7:02 am

ALU cut to Neutral at UBS.AON raised to outperform at Morgan Stanley.AMD raised to Neutral at JPMorgan.BEBE raised to Outperform at Wachovia.BKCC started as Outperform at Wachovia.BRCD raised to Buy ...
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International Flavors & Fragrances Kicks Buybacks Into Overdrive (IFF)

Posted: September 17, 2007 at 6:40 am

International Flavors & Fragrances Inc. (NYSE: IFF) has announced that it has entered into a $450 million accelerated share repurchase program with Morgan Stanley. Under the accelerated buyback plan, IFF ...
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Europe Markets 9/17/2007

Posted: September 17, 2007 at 6:09 am

Markets in Europe are down sharply. The FTSE is off 1.5% to 6,198. Barclays (BCS) is off 2.7% to 580. Northern Rock is down 33% to 294.The DAXX fell .6% ...
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Nokia Ramps Up Mobile Ad Business

Posted: September 17, 2007 at 6:02 am

Nokia (NOK) has started its own music store to compete with Apple (AAPL) iTunes, so why not have its own online advertising operation? Early today NOK bought U.S.cellphone screen advertising ...
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Deutsche Telekom Pushes Deeper Into US Wireless

Posted: September 17, 2007 at 5:10 am

Deutsche Telekom (DT) is buying SunCom Wireless (TPC) for $1.6 billion. The German phone giant will pay $27 a share. TPC stock closed at $22 on Friday.SunCom has one million ...
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Food Makers Ask FDA For More Regulation: Target China

Posted: September 17, 2007 at 4:59 am

The Grocery Manufacturers Association is going to ask the government to strengthen regulation of food imports. The group, which includes Kraft (KFT) and Coca-Cola (KO) wants "beef up federal oversight ...
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Suppliers Mock Boeing

Posted: September 17, 2007 at 4:46 am

Boeing (BA) insists that it 787 Dreamliner will be delivered on time next year, despite a multi-month delay in its maiden flight. Lack of parts for the new plane and ...
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MIcrosoft Loses EU Appeal, But The Charges Weren’t Necessary

Posted: September 17, 2007 at 4:36 am

Microsoft (NASD:MSFT) lost its appeal of the antitrust case brought by the EU. The court upheld the $612 fine imposed on the company as well. The EU had charged that ...
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Media Digest 9/17/2007 Reuters, WSJ, NYTimes, FT, Barron’s

Posted: September 17, 2007 at 3:23 am

According to Reuters, GM (GM) and the UAW have broken off talks and will resume them late Monday.Reuters writes that Nokia (NOK) said on Monday it had agreed to buy ...
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Asia Market 9/17/2007

Posted: September 17, 2007 at 2:49 am

Markets in Asia were mixed.The Nikkei was closed for a holiday.The Hang Seng fell .7% to 24,728. China Mobile (CHL) fell 1.4% to 107. HSBC (HBC) fell .5% to 138.1. ...
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