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Daily Archives: October 10, 2007

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

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?

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?

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….

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)

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)

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

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%

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)

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)

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)

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

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

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)

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)

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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