Quantcast

Daily Archives: April 7, 2008

Rex Energy Files For Secondary (REXX)

Posted: April 7, 2008 at 4:07 pm

Rex Energy Corporation (NASDAQ: REXX) has filed with the SEC for a secondary offering of 8 million shares today.  KeyBanc Capital Markets is listed as the sole selling agent.As far ...
Read Full Story »

Genentech to Set Biotech Tone For Earnings Season (DNA, OSIP, SGEN, ABT, BIIB)

Posted: April 7, 2008 at 3:45 pm

Thursday after the close, we’ll get to see earnings out of Genentech (NASDAQ: DNA). The estimates from First Call are $0.82 EPS on $3.11 billion in revenues.  Next quarter estimates ...
Read Full Story »

ALCOA Earnings Shell Game… Weak Currency, Energy Costs & Weak Industrial Demand (AA)

Posted: April 7, 2008 at 3:37 pm

ALCOA Inc. (NYSE: AA) gave a strange earnings report today.  The aluminum giant gave $0.37 EPS on $7.4 Billion in revenues. First Call had this quarter estimates at $0.48 EPS ...
Read Full Story »

Boeing (BA) Hacks Off A Wing

Posted: April 7, 2008 at 3:33 pm

Boeing (BA) will never finish its 787 Dreamliner, not at least during the lifetime of anyone over 40. The company said it would make a statement about it plans for ...
Read Full Story »

AMD’s (AMD) Death Rattle

Posted: April 7, 2008 at 3:24 pm

AMD (NYSE: AMD) said things did not go its way in Q1. No one should be surprised. AMD has not had a good quarter in over two year. How CEO ...
Read Full Story »

The 52-Week Low Club (EVVV)(GLS)(RVBD)

Posted: April 7, 2008 at 3:02 pm

4 Kids Entertainment Inc. (NYSE: KDE) not looking so hot, hitting new low of $8.97 today. The 52-week range is $9.33 to $19.90.  Shares bottomed at  $8.94 ev3, Inc. (NASDAQ: ...
Read Full Story »

Auction-Rate Securities Knife Palm (PALM)

Posted: April 7, 2008 at 2:35 pm

In what is likely to become almost a routine announcement for public companies, Palm (NASDAQ: PALM)  revised its fiscal third quarter loss.The device company took at write-down for the value ...
Read Full Story »

Journal Register Finally Yells ‘Uncle!’ (JRC)

Posted: April 7, 2008 at 1:49 pm

Journal Register Company (NYSE: JRC) has finally announced today that it hired Lazard Freres & Co. LLC as its financial advisor to help the company evaluate strategic options.It noted concern ...
Read Full Story »

Digital Domain Sets IPO Terms (DTWO)

Posted: April 7, 2008 at 12:09 pm

Digital Domain submitted an amendment to its IPO filing this morning. The filing for the offering shows a maximum aggregate offering price of $96.6 million at a maximum offering share ...
Read Full Story »

New Search Share Numbers Support Microsoft (MSFT) Bid

Posted: April 7, 2008 at 10:57 am

New figures from HitWise support the Microsoft (MSFT) contention that Yahoo!'s (YHOO) share of the search market is shrinking ,making it less likely that the portal can compete against Google ...
Read Full Story »

Starbucks (SBUX): Individual Store Problems Hard To Fix

Posted: April 7, 2008 at 10:48 am

Perhaps Starbucks (SBUX) has managers who cover small regions of 100 stores each or "spies" from market research companies who visit a certain percent of all the coffee chain's outlets ...
Read Full Story »

Biotech Busine$$ Daily (APPY, LIFC, KCI, MNOV, MCU)

Posted: April 7, 2008 at 10:30 am

AspenBio Pharma (NASDAQ: APPY) entered into a definitive agreement with Novartis Animal Health for AspenBio’s recombinant single-chain bovine products for animals. Shares are up 4% to $6.24.LifeCell (NASDAQ: LIFC)is to ...
Read Full Story »

Legacy Reserves Ready To Tap Financial Markets (LGCY)

Posted: April 7, 2008 at 10:00 am

Legacy Reserves LP (NASDAQ: LGCY) has filed to offer up to $500 million in limited partnership interests and debt securities. The independent oil and natural gas limited partnership acquires and ...
Read Full Story »

Intrepid Potash Sets IPO Terms (IPI)

Posted: April 7, 2008 at 9:38 am

Intrepid Potash, Inc. is getting closer to its upcoming IPO. The company set the terms in its amended IPO filing this morning. The filing shows an offering of some 24 ...
Read Full Story »

2007 Share Buybacks A Record, Hard To Expect Repeat In 2008

Posted: April 7, 2008 at 9:09 am

One topic we cover at 247WallSt.com with regularity is share buybacks from major companies.  While we are starting to see a slower pace in fresh buyback announcements compared to 2006 ...
Read Full Story »