Kasriel Blasts Bullish Economist, Defends LEI
From Investment Intellligencer
All Work
Douglas A. McIntyre
StreetInsider.com After-Hours Movers 04/10
American Medical Systems Holdings, Inc. (NASDAQ: AMMD) 13.8% LOWER; reported preliminary sales of $108.4 million for the first quarter of 2007. The Company had previously provided revenue guidance for the quarter of $113 to…
Reports Relational Investors Sold Remaining Stake in Ceridian (CEN)
From 13D Tracker
Nudge From Glenhill Advisors Prompts Action from TLC Vision (TLCV)
From 13D Tracker
Cramer Highlights Harsco (HSC)
On tonight’s MAD MONEY on CNBC, Cramer featured his last stock: Harsco (HSC-NYSE). He said this one is reinventing itself and it is not just an old manufacturing company like he said recently. They…
Cramer Calls Wyndham a Winner
Cramer also said tonight on CNBC’s MAD MONEY that the old Cendant value is a up a combined 32% higher than its break-up last year. There is a laggard there, and that is Wyndam…
Cramer Sticks With Charter Communications
On tonight’s MAD MONEY on CNBC, Jim Cramer said to stick with Charter Communications (CHTR). It has been a big underperformer since he recommended it. He said that Comcast and Insight Media unwound a…
The 52-Week Low Club
Katy Industries (KT) Small conglomerate gets NYSE delisting. Stock goes to $1.55. from 52-week high of $3.60. Hovnanian (HOV) Home building company. Industry gets worse each day. So does share price. Down to $23.45.…
Amgen CFO Walks Out; Any More Execs Leaving?
Amgen (AMGN-NASDAQ) is naming a new CFO. Robert Bradway is replacing Richard Nanula, who is leaving to pursue other opportunities. Bradway came to Amgen in 2006 and prior to that he was with Morgan…
Alcoa Claims Best Q1 Ever
Alcoa Inc. (AA-NYSE) just kicked off earnings season. The company posted $0.77 EPS from operation and $0.75 net-net, but it would have been $0.79 net outside of restructuring charges, with revenues of $7.9 Billion;…
Cramer’s STOP TRADING (APR 10, 2007)
Stock Tickers: ASD, LOW, FO, KO, MA On today’s STOP TRADING on CNBC, Cramer said that American Standard (ASD) is a stealth housing play where they are splitting themselves up at the bottom. Cramer…
Adolor: Is There Anything Left?
Adolor Corp. (ADLR-NASDAQ) may have just joined the ranks of current and future biotech zombies. The company suspended its lead new drug candidate for potential treatment of opioid-induced bowel dysfunction. Safety concerns prompted the…
Cramer Pans Homebuilders
Stock Tickers: DHI, PHM, CTX, LEN On today’s WALL STREET CONFIDENTIAL video on TheStreet.com, Cramer noted that DR Horton (DHI-NYSE) is the most leveraged since it bought large property rights and has the least-written…
MU: DRAM Recovery Elusive
By William Trent, CFA of Stock Market Beat
StreetInsider.com Unusual 11 Mid-Day Movers 04/10/2007
Adolor Corporation (Nasdaq: ADLR) 57.8% LOWER; The company and GlaxoSmithKline (NYSE: GSK) announced negative preliminary results from Phase 3 Safety study of Alvimopan. Current development program for OBD on-hold while findings from long-term safety…
NOV – National Oilwell Varco Inc: Slurping Up Mud Pumping Profits
By CrossProfit 04/10/2007 In 2006 NOV generated $7.02B in revenue.
Siemens Continues To Humiliate GE
They are taking managers out of Siemens (SI) in handcuffs and with raincoats over their heads. The FT says that members of the Siemens supervisory board want chairman Heinrich von Pierer to step down…
Take-Two Now Compliant, But Problems Persist
Stock Tickers: TTWOTake-Two Interactive Software, Inc. (TTWO-NASDAQ) announced earlier this morning that The NASDAQ Stock Market notified Take-Two that it has regained compliance with NASDAQ’s listing requirements. As a result, Take-Two’s common stock will…
Goldman Sachs Research Summary (APR 10, 2007)
Stock Tickers: CBE, FLWS, TEN, ARA, NHWK, MSFT, STX, VAL, HAL, LCC, ORCL, F, GM Earnings estimates INCREASED: Cooper Industries (CBE), Illinois Tool Works (ITW), 1-800-FLOWERS (FLWS), Tenneco (TEN), Aracruz Celulose S.A. (ARA), Nighthawk…
Full Research Summary (APR 10, 2007)
ADLR cut to Mkt Perform at FBR; cut to Neutral at First Albany..ADSK raised to Buy at Goldman Sachs.AMD raised to Neutral at UBS.AMAT raised to Buy at B of A.AMTD started as Outperform…