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Daily Archives: May 13, 2008

IPO FILING: Metastorm Inc. (MSTM)

Posted: May 13, 2008 at 5:59 pm

A company called Metastorm, Inc. has just filed with the SEC to come public via an initial public offering.  It will take the proposed ticked on NASDAQ of "MSTM."It has ...
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IAC/Interactive vs. Liberty: Diller Trumps Malone (IACI, LINTA, LCAPA, LMDIA)

Posted: May 13, 2008 at 4:42 pm

IAC/InteractiveCorp. (NASDAQ: IACI) and Liberty Media Corporation (NASDAQ: LINTA) (NASDAQ: LCAPA) (NASDAQ: LMDIA) have settled their disputes, and it looks like Barry Diller Came out on top of John Malone.We ...
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Continental Unloading Copa Shares (CPA, CAL)

Posted: May 13, 2008 at 3:54 pm

Copa Holdings, S.A. (NYSE: CPA) announced today that it has filed a registration statement for a proposed offering of 3,977,300 Class A non-voting shares of Copa Holdings by selling shareholder ...
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Electronic Arts; Half Full & Half Empty (ERTS, TTWO)

Posted: May 13, 2008 at 3:36 pm

Electronic Arts (NASDAQ: ERTS) posted a net loss of $94 million or -$0.30 EPS, but on a non-GAAP basis from operations the company showed $0.09 EPS on a "excluding a ...
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Applied Materials Solar Not Enough To Carry Earnings, Yet (AMAT)

Posted: May 13, 2008 at 3:18 pm

Applied Materials Inc. (NASDAQ: AMAT) posted $0.22 EPS on $2.15 Billion in revenues.  Non-GAAP net income for Q2-2008 was $362 million, or $0.26 EPS.  First Call had estimates at $0.22 ...
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The 52-Week Low Club (IMB)(WNR)(VVTV)(URRE)

Posted: May 13, 2008 at 3:03 pm

IndyMac Bancorp (IMB) Broker report says company needs more capital. Falls to $2.15 from 52-week high of $37.50.Western Refining (WNR)  Bad earnings and broker downgrade. Drops to $7.81 from 52-week ...
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CNBC: An Icahn Proxy Fight For Yahoo! (YHOO): Never

Posted: May 13, 2008 at 2:37 pm

CNBC is saying that Carl Icahn may start a proxy fight for control of Yahoo! (YHOO).It will never happen.Microsoft (MSFT) has made it clear that it does not want Yahoo!. ...
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Lazard’s Alternative Energy Calls (CSIQ, LDK, JASO)

Posted: May 13, 2008 at 1:22 pm

Between late yesterday and early today, Lazard Capital Markets' Sanjay Shrestha has keyed on many of his alternative energy picks after earnings or other news.  Among the calls are Canadian ...
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Setbacks Back At Boston Scientific (BSX)

Posted: May 13, 2008 at 12:47 pm

Boston Scientific (BSX) has been the "gang who couldn't shot straight" of the medical device business for some time. It spent far too much money to buy another medical company, ...
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As Airbus Cracks Up, A Little Light For Boeing (BA)

Posted: May 13, 2008 at 12:20 pm

No one wanted to be in Boeing's (BA) shoes, at least until today perhaps. The big US airplane company has hit three delays for its 787 Dreamliner and there are ...
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Biotech Business Daily (CHTP, CRXL, LLY, IOMI, MEDX, TRCA)

Posted: May 13, 2008 at 12:10 pm

Chelsea Therapeutics International, Ltd. (NASDAQ: CHTP) falling today after first quarter earnings showed wider losses than first quarter 2007. Net loss was $8.7 million compared to a loss of $3.8 ...
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IPO FILING: Patriot Risk Management (PRMI)

Posted: May 13, 2008 at 10:57 am

Patriot Risk Management filed with the SEC for its IPO paperwork this morning. The maximum proposed aggregate offering price for the workers’ compensation company is listed as $115 million but ...
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Hughes Raises Satellite Spending Cash (HUGH)

Posted: May 13, 2008 at 10:33 am

Hughes Communications, Inc. (NASDAQ: HUGH) is under a little pressure after the company announced plans to offer a shelf registration for up to 2 million shares of common stock. The ...
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A Red Light For GM (GM)

Posted: May 13, 2008 at 10:05 am

GM (GM) says it has plenty of money on hand for tough times. So do Ford (F) and Chrysler. Based on where the two public companies trade, almost no one ...
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Apollo Sells Stock, Pays Down Debt (AINV)

Posted: May 13, 2008 at 9:23 am

Apollo Investment Corporation (NASDAQ: AINV) has priced its proposed secondary stock offering this morning.  The company sold 22,327,500 shares at an offering price of $17.11 per share, in an approximate ...
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