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Daily Archives: October 10, 2007

Someone Loses Big: Live Nation (LYV) Takes Madonna From Warner (WMG)

Posted: October 10, 2007 at 5:57 pm

It appears that pop star Madonna is leaving Warner Music Group (WMG) for concert promoter Live Nation (LYV). The price tag is $120 million for 10 years. Live Nation will ...
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Cramer Now Calling For $750 Google…Or Is It $900?

Posted: October 10, 2007 at 5:14 pm

On CNBC's MAD MONEY tonight, Jim Cramer discussed Google (NASDAQ:GOOG) and said that it isn't expensive despite many pundits calling it expensive.  The Lehman target of $714 and the Merrill ...
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Is GE (GE) About To Sell NBC?

Posted: October 10, 2007 at 4:51 pm

GE (GE) may sell its NBC Universal unit after the Beijing Olympics. So say the FT. The paper writes "The fate of the NBC Universal entertainment unit, will be decided ...
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S&P Lowers Boeing (BA) on Delay, Sort Of….

Posted: October 10, 2007 at 4:17 pm

BOEING (NYSE:BA) Downgraded to "BUY" from "STRONG BUY" by Standard & Poor's Equity analyst.  S&P noted the Boeing first delivery of its new 787 in Nov.-Dec. 2008, compared with prior ...
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Corel Dribbles Earnings (CREL)

Posted: October 10, 2007 at 3:51 pm

Corel Corporation (NASDAQ:CREL) has released earnings and Non-GAAP EPS $0.31 & Revenues in the third quarter were $60.4 million, compared to estimates of $0.30 & $61.1 million.  The company's tax ...
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LAM Research Mixed Results (LRCX)

Posted: October 10, 2007 at 3:17 pm

LAM Research (NASDAQ:LRCX) has released a partial earnings release, but due to its ongoing options review it is only showing earnings.  Revenue for the period was $684.6 million, compared to ...
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The 52-Week Low Club

Posted: October 10, 2007 at 3:07 pm

Georgia Gulf (GGC) Chemical producers out of favor. Falls to $12.23 from 52-week high of $28.65.TOUSA (TOA) Home-builder. Drops to $1.17 from 52-week high of $11.37.Youbet Com (UBET) Horse-racing gambling ...
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Origin Agritech (SEED) Makes Forbes List, Stock Up 50%

Posted: October 10, 2007 at 2:52 pm

Marking one of the Forbes "best of" lists is a nice honor. but should it cause a company's shares to move 50% without any other apparent news?Origin Agritech (SEED) was ...
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Vonage’s Request For Verizon Rehearing Was Likely Expected (VG, VZ, S)

Posted: October 10, 2007 at 2:51 pm

Vonage Holdings (NYSE:VG) announced today that the company has filed a motion for a review by the original three-judge panel or the full panel of the U.S. Court of Appeals ...
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More Dangerous Toys Found (WMT)(TGT)(COST)(SHLD)

Posted: October 10, 2007 at 1:49 pm

Reuters writes that The Center for Environmental Health has been surveying toys sold by a number of retailers and has found Curious George dolls, back-packs and lunch boxes with excessive ...
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Boeing Design Partners Getting Whacked (SPR, BEAV, HON, COL, LMIA, TIE, PCP)

Posted: October 10, 2007 at 12:13 pm

Shares of Boeing (NYSE:BA) are getting hit hard after the jet-maker and aerospace giant finally came clean about the delay of the Dreamliners.  The DJIA component is down 3% on ...
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China Sunergy (CSUN) Get Bad Grade

Posted: October 10, 2007 at 11:32 am

Cowen has just come out with a report on China Sunergy (CSUN) titled "This Run Looks Overdone" from  analyst Robert Stone. He rates the stock "neutral" . He comments that ...
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Boeing (BA) Screws Up

Posted: October 10, 2007 at 11:06 am

Boeing (BA) kept saying that its new 787 Dreamliner would be delivered on time in May 2008..Analysts, the press, and industry experts kept saying "no way". 24/7 Wall St. ran ...
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Global Search Traffic Booms (GOOG)(YHOO)(MSFT)(BIDU)

Posted: October 10, 2007 at 10:55 am

A new study by ComScore shows that internet traffic to search websites is continuing to grow. Surprisingly, Asia ranks ahead of Europe and North America in total searches in August, ...
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Get Spint (S) To Merger With Clearwire (CLWR)

Posted: October 10, 2007 at 10:06 am

Red Herring suggested that Sprint (S) hire telecom pioneer and Clearwire (CLWR) CEO Craig McCaw to replace exiting chief Gary Forsee. But, McCaw has a day job, so that probably ...
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