Cheniere Energy Partners Debuts at a Premium
Today marks the debut for Cheniere Energy Partners (CQP-AMEX), the new limited partnership out of Cheniere (LNG-AMEX) itself. The IPO priced at $21.00, which was the top of the of the $19.00 to $21.00…
All Work
Douglas A. McIntyre
Death Spiral Resumes in Newspapers
Where does one start in tracking the trends of the newspaper industry? If you have been reading anything online over the last 3 years you will know that the industry has been under a…
Goldman Sachs Full Research Summary (MAR 21, 2007)
NVIDIA (NVDA) Raised to Buy; replaces LLTC on AMERICAS BUY LIST; Goldman Sachs says it still has National Semi (NSM) and Intersil (ISIL) as Buys in analog chip sector. GSI Commerce (GSIC) raised from…
Upgrades & Downgrades on Wall Street (MAR 21, 2007)
AA cut to Underweight at Prudential (stock down almost 1%).AAI raised to Overweight at JPMorgan (stock up 2%).AFL raised to Outperform at KBW.AL cut to Neutral at Prudential.AMAG started as Buy at Deutsche Bank.AXL…
CMGI Getting More Attention & Press
CMGI (CMGI) is trading up 5% pre-market at $1.95, just a hair under the $1.98 recent highs. The reason for the gain is that Barron’s has featured it positively in its online edition; you…
Pre-Market Stock News (MAR 21, 2007)
(ABN) ABN AMRO could get late stage bids from rivals according to WSJ.(ADBE) Adobe traded up 5% after beating earnings and reaffirming estimates.(AIR) AAR $0.37 EPS vs $0.37e.(AMSC) American Superconductor receives $8 million order…
Earlybird Analyst Calls (MAR 21, 2007)
AA cut to Underweight at Prudential.AFL raised to Outperform at KBW.AL cut to Neutral at Prudential.AMAG started as Buy at Deutsche Bank.AXL raised to Buy at UBS.BWLD cut to Hold at Jefferies.CLX raised to…
Dell’s Free (Almost) Chinese PC
Dell (DELL) says that its revenue in China grew 26% last year. To try to keep that up, the company is introducing a new, entry-level model for a price as low as $336. (Perhaps…
A New Song For Sirius
Sirius (SIRI) CEO Mel Karmazin is testifying before Congress to give the reasons that the federal government should allows his company to merge with rival XM (XMSR). His pitch is familiar by now. Satellite…
Google’s Dangerous Experiment
Google (GOOG) is testing an advertising system that is based on “pay-per-action” by consumers. Instead of the advertiser simply paying for each time a consumer clicks on an ad, Google and its partners would…
As NAND Prices Stop Their Fall Stocks In Providers Could Rise
NAND flash memory chips used in devices including MP3 players have dropped in price by 30% to 40% over the last few months, according to some industry experts. The price cannot, obviously, drop forever.…
Europe Markets 3/21/2007 Alcatel-Lucent Down
Stocks: (BCS)(BP)(BT)(GSK)(PUK)(RTRSY)(UN)(VOD)(BAY)(DCX)(DB)(DT)(SAP)(SI)(ALU)(AXA)(FTE)(STM)(V) Markets in Europe were slightly higher at 5.55 AM New York time. The FTSE rose .2% to 6,230. Barclays was up .6% to 706.5. BP was up .6% to 514.5. BT was…
As CD Sales Drop, Pirates Continue To Board Music Industy’s Ship
CD sales have dropped 20% in the first three months of this year compared to the same period in 2006. And, digital sales, through outlets like Apple (AAPL) iTunes, are not making up the…
China Mobile Still Envy Of Wireless World?
China Mobile’s (CHL) net income rose 23% to $8.5 billion for 2006. By way of contrast, Sprint’s (S) did $247 million in its last quarter, for an annual run rate of less than $1…
Media Digest 3/21/2007 Reuters, WSJ, NYTimes, FT, Barron’s
According to Reuters, the Fed is expected to keep interest rates where they are after its two day meeting. Reuters writes that Ebay (EBAY) Paypal customers in Europe are close to reaching the 35…
Asia Markets 3/21/2007 China Netcom Up
Stocks: (CN)(CHL)(CHU)(PCW)(HBC) Asia markets rose with the Nikkei closed for a holiday. The Hang Seng rose .9% to 19,531. Cathay Pacific was up 1.3% to 19.68. China Mobile was up 1.1% to 74.6. China…
After Losing Caremark Bid, Will Express Scripts Target Medco Next?
By Chad Brand of Peridot Capitalist Shares of Express Scripts (ESRX) have been on fire lately, rising 30% within months as the company tried to pry competitor Caremark Rx (CMX) from CVS (CVS). Somewhat…
Prediction: Google to Buy Spot Runner
From Internet Insider Spot Runner CEO Nick Grouf presented today at OMMA Hollywood. Spot Runner provides a simple, quick way for local businesses and national corporations with local offices to create, buy, and place…
Blum Capital Accumulates 6.6% Stake in Websense (WBSN)
From 13D Tracker In a 13D filing after the close on Websense Inc. (Nasdaq: WBSN), Blum Capital disclosed a 6.6% stake (2.95 million shares) in the company. The firm did not show a stake…
Sandell Asset Management Intends to Nominate 3 To InfoSpace (INSP) Board
From 13D Tracker Sandell Asset Management announced this morning that it notified InfoSpace, Inc. (Nasdaq: INSP) of its intention to nominate three highly qualified independent candidates for election to the board of directors at…