Daily Archives: October 1, 2007

Steel Dynamics Acquisition Helps To Rival China & India (STLD)

Posted: October 1, 2007 at 5:54 pm

Steel Dynamics, Inc. (NASDAQ:STLD) has entered a definitive agreement whereby Steel Dynamics will acquire privately held OmniSource Corp. in a deal that has been approved by the board of directors ...
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Cramer’s Stock Trades For Busting The Unions (GM, F, AXL, TTM)

Posted: October 1, 2007 at 5:33 pm

On tonight's MAD MONEY on CNBC, Jim Cramer said he believes that the market is going to go higher and is on its way to his 14,548 DJIA target, give ...
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The 52-Week Low Club

Posted: October 1, 2007 at 3:35 pm

Harte-Hanks Communications, (HHS) Direct marketing company. Internet is no friend. Falls to $19.11 from 52-week high of $28.78.Acxiom (ACXM) Private equity buyers walk out the door. Down to $14.75 from ...
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Palm Doesn’t Want To Be Slapped, Not Too Hard Anyway (PALM, RIMM, APPL)

Posted: October 1, 2007 at 3:33 pm

Palm Inc. (NASDAQ:PALM) has fallen out of favor from many long-term investors, even if it has recovered off of lows. But after reviewing the numbers this is much better than ...
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Bracing for Record DJIA Close (DIA, SPY, QQQQ, IWM)

Posted: October 1, 2007 at 1:11 pm

Go back just one-month ago right after all the market malaise. It was a fairly small crowd that would expect the stock market to be back at record highs in ...
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Zecco Changes Gears

Posted: October 1, 2007 at 12:42 pm

Zecco will move from 40 free trades a month to 10 free trades. Very few customers trade more than 10 times, according to the company's management.Traders who go over 10 ...
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Citi’s News Actually Sector Relief (! or ?) (C, UBS, BAC, WB, WFC, FITB)

Posted: October 1, 2007 at 11:55 am

After seeing Citigroup's (NYSE:C) news this morning and listening to snippets of the conference call, it seems that at 9:00 AM when shares were down 2% would have been a ...
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Acxiom’s Hopes Of Another Offer Seem Dim (ACXM)

Posted: October 1, 2007 at 10:10 am

It is of little surprise that shares of Acxiom Corp. (NASDAQ:ACXM) are hitting new 52-week lows today. That isn't a first, but this after the fears have come true and ...
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Garmin Feeling Immediate Nokia-NAVTEQ Pressure (GRMN, NVT, NOK, TRMB)

Posted: October 1, 2007 at 9:37 am

We have already covered the Nokia (NYSE:NOK/ADR) buyout of NAVTEQ Corp. (NYSE:NVT). It is somewhat interesting that NAVTEQ would have allowed itself to be acquired in a no-premium buyout, even ...
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First Solar Wins On Analyst Target Hike (FSLR)

Posted: October 1, 2007 at 9:00 am

Analyst coverage on First Solar Inc. (NASDAQ:FSLR) has been updated by Sanjay Shrestha, Managing Director, Senior Analyst, Alternative Energy & Industrials at Lazard Capital Markets: Today Lazard has maintained its ...
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eBay Loses Skype CEO and Takes Charges (EBAY)

Posted: October 1, 2007 at 8:35 am

eBay Inc. (Nasdaq:EBAY) has announced this morning that Niklas Zennstrom has stepped down as CEO of Skype. Zennstrom, who co-founded Skype in 2003, will become non-executive chairman of the Skype ...
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China TechFaith Scores on CDMA Pact (CNTF, QCOM, BRCM, NOK)

Posted: October 1, 2007 at 7:47 am

China Techfaith Wireless Communication Technology Ltd. (NASDAQ:CNTF) is seeing shares up drastically in early pre-market trading. Qualcomm Inc. (Nasdaq: QCOM) has granted TechFaith Wireless Technology Group Limited, a British Virgin ...
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