Full Analyst Research Summary (MAR 30, 2007)
ANAD started as Outperform at Credit Suisse.ASCA cut to Underweight at Prudential.AU cut to Neutral at HSBC.BELM cut to Neutral at Baird.BRCM raised to Buy at Stifel Nicolaus.
All Work
Douglas A. McIntyre
Will Vodafone’s Troubles Hit US Cell Companies?
Vodafone (VOD) mostly operates in the mature European markets. It holds a big stake in Verizon (VZ) Wireless. Today is announced competitive pressures, dropping prices and regulatory issues were hurting its financial margins. As…
Pre-Market Stock News (MAR 30, 2007)
(ACOR) Acorda positive in MS treatments in Business Week.(BGP) Borders is reportedly in talks tyo sell its book store operations in the UK to Richard Branson’s Virgin.(DELL) Dell fell 5% on 10-K delay over…
Dell Accounting: Taking The Eye Off The Ball
Dell (DELL) says it uncovered errors and misconduct in a review of its accounting practices and past financial statements. The stock dropped by as much as 7% after the market closed. But, the company…
Dendreon Massive Pre-Market
Dendreon (DNDN-NASDAQ) won big yesterday after receiving panel backing from the FDA for Provenge for the treatment of advanced prostate cancer. The stock has reopened for trading just a few minutes ago and the…
Earlybird Analyst Calls (MAR 30, 2007)
ANAD started as Outperform at Credit Suisse.ASCA cut to Underweight at Prudential.BRCM raised to Buy at Stifel Nicolaus.CDR started as Neutral at B of A.DSCM started as Neutral at First Albany.
Europe Markets 3/30/2007 Vodafone, Alcatel Down
Stocks: (BCS)(BP)(BT)(GSK)(PUK)(RTRSY)(UN)(VOD)(BAY)(DCX)(DT)(DB)(SAP)(SI)(ALU)(AXA)(FTE)(STM)(V)
Toyota’s New Pick-Up Falters: Welcome To Detroit
Toyota’s (TM) new full-sized pick-up, the Tundra, was supposed to get the Japanese company into a lucrative market dominated by Ford’s (F) F-series and the Chevy (GM) Silverado. But, on the way to another…
Take-Two Shareholders Are No Better Off
Dissident institutional investors have taken over Take-Two Interactive (TTWO). They have fired the CEO and put in new management. The process of putting the company into play and the general recovery of video game…
Media Digest 3/30/2007 Reuters, WSJ, NYTimes, FT, Barron’s
Reuters, Wall Street Journal, New York Times, Financial Times, Barron’s Online………
Asia Markets 3/30/2007 NTT Up
Stocks: (CAJ)(FUJ)(HIT)(HMC)(NIPNY)(NTT)(DCM)(SNE)(TM)(CHL)(NBC)(PCW)
On Buffett, Berkshire, and You
From Gannon On Investing At the end of my post “On Billionaires, Their Buys, and Buffett“, I said “I will follow up with another post on this topic tomorrow. Hopefully, I can give you…
Baltic Dry Freight Index
From Ticker Sense The Baltic Dry Freight Index is considered by some to be a decent indicator as to the future direction of the economy. The logic goes along the lines that if shippers…
The Rising Cost of Healthcare Taken To Another Extreme
By Chad Brand of Peridot Capitalist LOS ANGELES, March 26 (Reuters) – Shares of Alexion Pharmaceuticals Inc. (ALXN) rose more than 9 percent on Monday after the company told analysts that its treatment for…
Interview With Michael Mauboussin
By Yaser Anwar, CSC of Equity Investment Ideas Michael J. Mauboussin joined Legg Mason Capital Management as Chief Investment Strategist in 2004. Prior to joining LMCM, Michael served as Managing Director and Chief U.S.…
Lincare Synchs Up Revenues
From AAO Weblog A while ago, I mentioned Apria Healthcare’s SAB 108 adjustment to retained earnings for getting revenues recognition (and expense recognition) in line with when revenues are actually earned. Not too surprising,…
ART Is Not A Luxury!
by H.S. AyoubBioHealth Investor.com One of the most over-used arguments against assisted reproductive technology (ART) is that couples do not need it. Opponents continually point out that adoption is a great way of giving…
StreetInsider.com After-Hours Movers 03/29
Cell Genesys, Inc. (Nasdaq: CEGE) 22% HIGHER; related to FDA panel backing of Dendreon’s (Nasdaq: DNDN) Provenge for prostate cancer. CEGE also has a cancer immunotherapy for prostate cancer. Spectrum Control Inc. (Nasdaq: SPEC)…
Pirate Capital Cuts Stake in Cornell Companies (CRN) to 8.9%
From 13D Tracker In an amended 13D filing on Cornell Companies (NYSE: CRN), Pirate Capital disclosed an 8.9% stake (1.25 million shares) in the company. This is down from the 16.5% stake (2.32 million…
Nierenberg Losing Patience with Electro Scientific (ESIO), May Nominate its Own Candidates to the Board
From 13D Tracker In an amended 13D filing on Electro Scientific Industries Inc. (Nasdaq: ESIO), 11.7% holder Nierenberg Investment Management said it is losing patience with ESIO as its share price weakens.