Market Comments From TheStockMasters
Ah the drama of Phoenix Footwear (PXG) – today shares are up 7% and just 80 cents away from the 52-week low.
All Work
Douglas A. McIntyre
CBS Video Deals: Quincy Smith Being Smart Again
From Internet Outsider
Icahn’s Golden Touch Finds MedImmune (MEDI)
From 13D Tracker
Cramer’s STOP TRADING (APR 12, 2007)
Cramer noted that Dow Chemical (DOW-NYSE) this last round of firing over unauthorized merger talk engagements of talks signals that this means the ousted executives could lead a deal to take DOW private. Otherwise…
Uranium: When Is Too Much Really Too Much?
Stock Tickers: USU, CCJ, EMU, URZ, USEG, TXU, URRE, URME The recent performance of Uranium stocks has just been too powerful to overlook, even if the mere mention of it is probably a jinx. …
MedImmune Decides To Pursue a Sale
MedImmune, Inc. (MEDI-NASDAQ) announced that its board of directors has authorized management to evaluate whether third parties would have an interest in acquiring the company at a price and on terms that would represent…
Wal-Mart: Sales Up, Earnings Down?
Wal-Mart (WMT) said its same store sales for the period rose 4% in March. Sales for the five weeks ending April 6 were up almost 12% to $34.26 billion. That would appear to be…
Vonage Decides Its CEO Must Go, Finally
Vonage Holdings Corp. (VG-NYSE) announced that Michael Snyder has (FINALLY) stepped down from his position as CEO and resigned from the Company’s Board of Directors effective April 11, 2007. Jeffrey Citron, Chairman, has been…
Goldman Sachs Research Summary (APR 12, 2007)
Stock Tickers: BARE, HWAY, RIMM, DNA, ETP, APPB, C, RUTH, PFCB, SLG, BPO Upgrades: Bare Escentuals, Inc. (BARE) raised to Buy from Neutral.Healthways, Inc. (HWAY) raised from Sell to Neutral, but estimates cut from…
Full Research Summary (APR 12, 2007)
ABK raised to Buy at B of A.AIR started as Buy at Stifel Nicolaus.AMTD started as Hold at Deutsche Bank.AV cut to Neutral at B of A.BAC started as Hold at Deutsche Bank.BARE raised…
Pre-Market Stock News (APR 12, 2007)
(AEO) American Eagle Outfitters raised guidance after stronger sales.(AMAG) Advanced Magnetics said phase III in iron replacements showed very positive results and shares rose 7%.(CKFR) CheckFree confirmed that it did have discussions with one…
DELL: DELL Ditching Retail Dabble?
By William Trent, CFA of Stock Market Beat
Earlybird Analyst Calls (APR 12, 2007)
ABK raised to Buy at B of A.AIR started as Buy at Stifel Nicolaus.AV cut to Neutral at B of A.BAC started as Hold at Deutsche Bank.C started as Buy at Deutsche Bank.
Europe Markets 4/12/2007
Stocks: (BCS)(BT)(BP)(GSK)(PUK)(RTRSY)(UN)(VOD)(BAY)(DCX)(DT)(DB)(SAP)(ALU)(AXA)(FTE)(STM) Markets in Europe were down slightly at 6.30 AM New York time.
As Clearwire Falls, More Money For WiMax
Telsima, a WiMax equipment company, has raised another $50 million from VC firms including NewPath Ventures and Intel Capital. The WiMax standard already has tremendous backing from large tech companies including Intel (INTC), Motorola…
CBS: When Too Much Is Not Enough
CBS (CBS) has cut a series of deals to put its TV shows on Time Warner (TWX) AOL, Microsoft (MSFT) MSN, and Yahoo! (YHOO). The programming will also go on new peer-to-peer video distribution…
Sprint: Will Gary Forsee Be Sacrificed?
A large institutional money management firm, Relational Investors, has picked up 1% of Sprint (S) and wants the company to cut capital spending and sell its long distance operations. The large investor is also…
Media Digest 4/12/2007 Reuters, WSJ, NYTimes, FT, Barron’s
According to Reuters, Nestle has paid $5.5 billion to buy Gerber Foods from Novartis (NVS). Reuters writes that IBM (IBM) has developed a new chip stacking technique to make microprocessors faster and more energy…
Asia Markets 4/12/2007 China Life Rises
Stocks: (CAJ)(HIT)(HMC)(NIPNY)(NTT)(DCM)(SNE)(TM)((CHL)(CHU)(CN)(PCW)(HBC)(LFC) Most markets in Asia were down.