Media Digest 3/23/2007
According to Reuters, Blackstone Group has filed to go public and raise $4 billion. Reuters writes that Carlyle, the private equity company, has raised a new fund worth $15 billion. Reuters reports that GE…
All Work
Douglas A. McIntyre
PALM: Palm Buyout Can’t Occur Quickly Enough for Shareholders
By William Trent, CFA of Stock Market Beat Palm Reports Q3 FY07 Results: Financial News – Yahoo! Finance Palm, Inc. (PALM) today reported revenue of $410.5 million in the third quarter of fiscal year…
2006 Group Earnings Performance
From Ticker Sense Now that the book on 2006 earnings has pretty much closed and we look ahead to first quarter earnings reports due out in April, we have dissected last year’s earnings reports…
Analyzing ICE-BOT Merger & More
By Yaser Anwar, CSC of Equity Investmen Ideas Last week ICE made a proposal to merge with the Chicago Board of Trade in a transaction valuing each BOT share at $187.34 based on last…
Thursday’s Top Biotech & Medical Stocks
From BioHealth Investor by H.S. AyoubBioHealth Investor.com Biotechnology OSIRIS THERAPEUTICS +15.40% REXAHN PHARMACEUTICL +12.90% ADVENTRX PHARMACTL +10.05% MEDICURE INC +8.91% BIONOVO INC +8.51% Diagnostic Substances RG GLBL LIFESTYLS +17.45% SYNOVICS PHARMACEUTL +11.20% EPIX PHARMACEUTICALS…
Asia Markets 3/23/2007
Markets in Asia were up slightly The Nikkei rose .4% to 17,481. Canon was up .6% to 6580. Fuji Film was up 1.2% to 4890. Hitachi was down .8% to 871. Honda was up…
S&P Plays Down the NBC & News Corp Online Video Venture
Standard&Poor’s Equity Research came out with a cautious note late in the day about today’s new web video pact, and it is worth a consideration. Even if the information may be more opinion-driven out…
Cramer’s SELL BLOCK (MAR 22, 2007)
On CNBC’s MAD MONEY tonight, Cramer featured his SELL BLOCK where he gives his sell or hold calls. Cramer said on Blockbuster (BBI) that Icahn screwed up getting rid of Antioco and Icahn isn’t…
Everlast Raising Cash to Shore Up Balance Sheet
Everlast (EVST-NASDAQ), the boxing and fitness company (and cult stock), has filed to sell up to $33 million worth of stock for both the company and for holders via Piper Jaffray (before the overallotment). …
Cramer’s Risky Water Stock
Cramer on tonight’s MAD MONEY on CNBC said he got stumped on a question about water holdings when he was at UT in Texas. He has a stock now called Pico Holdings (PICO-NASDAQ) that…
Cramer on Telecom
Cramer on tonight’s MAD MONEY on CNBC was discussing the upcoming huge federal government telecom contract worth $20 Billion out of the federal government. Some place this worth up to $50 Billion total over…
3Com Wins Approval for its Huawei J-V Acquisition (and reports earnings)
3Com (COMS-NASDAQ) announced the receipt of final approval from the People’s Republic of China for 3Com to acquire Huawei Technologies’ 49 percent stake in H3C for $882 million. 3Com, which won the right to…
Nike Just Did It
Nike (NKE) posted $3.9 Billion revenues (up 9%, but 3% was from currency adjustments) and posted EPS of $1.37 (up 10% from last year); estimates were $3.93 Billion and $1.33 EPS. Gross margins were…
Budweiser the King of Beers, maybe its the King of Stocks?
From The Stock Masters Anheuser-Busch Companies, Inc. (NYSE:BUD) has been getting plenty of good attention lately including upgrades and being added to Warren Buffett’s portfolio just before the start of the year. You know…
Commentary From The Stock Masters 3/22/2007
Micron Technology (MU) shares have fallen over 33% in the last six months. Shares of Micron are in the $11 range and flirt with a new 52-week low on a daily basis. It’s no…
The 52-Week Low Club, Motorola Joins
Motorola (MOT) Bad forecast. Down to $17.45 from 52-week high of $26.30. Warner Music Group (WMG) News that CD sales are in free fall. Stock drops to $16.34 against 52-week high of $31.00. US…
Dendreon’s Stock Activity
Dendreon (DNDN-NASDAQ) started making a mystery move at the end of the day, but you have to look at its calendar to see why it moved. It appears that the company has an FDA…
Cramer Positive on Metals
On today’s STOP TRADING segment on CNBC, Cramer noted General Mills (GIS-NYSE): he said the CEO is good and money in the bank. Cramer said the cost of corn in the ethanol joke is…
Net Neutrality Gets A Police Force
The FCC wants to make sure that broadband wireless, cable, and telecom companies treat all internet users the same. Two of the agency commissioners said "they thought the FCC should act now to take…
Oracle Zaps SAP
Oracle (ORCL-NASDAQ) has filed a multi-headed lawsuit against SAP (SAP-NYSE/ADR), its oldest independent pure-play competitor. It accuses SAP of stealing potentially thousands of copyrighted software items and other confidential trade secrets and materials, so…