Sector Investing

[ReturntoSender]

CTIC CFSI STTX MHS CPWR FMD DPH ACXM IDSY CERN CHH FLE ISTA ELOS PBH BCON MBAY ECLP THOR UQM DPH GNBT UNP CYTR DAKT SONS DGIN CRXL AXJ DMCX AFT AVNX HORC AGIX SVR LTRX NDC NLX VEGF LPNT OXY WPL NGEN BSG AZ GSK RCL RHAT ESRX CMX FTD ARTG IDXC RX GIS KMT STTX ANSI ANT IMAX TIBX TRID CY PERY NPTH PRW WSM CTRX FNX FDS FLOW MAT MRVL NSM MSFT GILD RETK OSIP BMET LEN


03/22/2005 09:20:12 AM
StreetInsider Alert for CTIC

Mar 22, 2005 (streetinsider.com via COMTEX) --Cell Therapeutics, Inc. (Nasdaq: CTIC) said the Gynecologic Oncology Group initiated a phase III clinical trial examining the ability of XYOTAX to maintain remission and prolong the survival of ovarian cancer patients. The GOG will begin enrolling 1,550 patients at more than 50 principal centers and 160 affiliate institutions in the United States and Europe over the next 18 to 24 months.

______

03/22/2005 09:15:21 AM
StreetInsider Alert for CFSI

Mar 22, 2005 (streetinsider.com via COMTEX) --Credit Suisse First Boston downgraded Collegiate Funding Services,Inc. (Nasdaq: CFSI) from Outperform to Neutral; $16.00 price target. The firm lowered their opinion on the stock due to valuation.


03/22/2005 09:15:20 AM
StreetInsider Alert for STTX

Mar 22, 2005 (streetinsider.com via COMTEX) --Steel Technologies Inc. (NASDAQ: STTX) said its Board of Directors has voted to increase the Company's semi-annual cash dividend 50% to $0.15 per share.


03/22/2005 09:15:19 AM
StreetInsider Alert for MHS

Mar 22, 2005 (streetinsider.com via COMTEX) --Prudential Securities initiated coverage on Medco Health Solutions Inc (NYSE: MHS) with an Overweight rating; $54.00 price target. In the firm's opinion, there is significant upside in these shares. They feel MHS' unmatched size presents many advantages, which should turn the potential risks into opportunities. They also believe MHS' forward looking approach to the Medicare Drug program should offer success as this government program alters the industry structure.


03/22/2005 09:15:17 AM
StreetInsider Alert for CPWR

Mar 22, 2005 (streetinsider.com via COMTEX) --IBM (NYSE: IBM) settled all outstanding litigation with Compuware (Nasdaq: CPWR). As a result of the settlement, IBM and Compuware have signed a software and services agreement.

IBM has agreed to license $140 million of Compuware software over the next four years, and offer to purchase $260 million of select Compuware services over the next four years.


03/22/2005 09:15:16 AM
StreetInsider Alert for FMD

Mar 22, 2005 (streetinsider.com via COMTEX) --JP Morgan upgraded First Marblehead Corporation (NYSE: FMD) from Neutral to Overweight. The firm thinks near-term competitive concerns are overblown

______

03/22/2005 09:10:17 AM
StreetInsider Alert for DPH

Mar 22, 2005 (streetinsider.com via COMTEX) --Delphi Corp. (NYSE: DPH) said the Audit Committee of its Board of Directors, represented by Wilmer Cutler Pickering Hale and Dorr, LLP, outside counsel, and PricewaterhouseCoopers, forensic accountants, has substantially completed its internal accounting investigation.

Robert H. Brust, chairman of Delphi's Audit Committee, said, "Our internal investigation is substantially complete and no significant issues have been identified other than those previously disclosed and the matters set forth below."

______

03/22/2005 09:10:16 AM
StreetInsider Alert for ACXM

Mar 22, 2005 (streetinsider.com via COMTEX) --Acxiom Corporation (NASDAQ: ACXM) announced a two-year renewal of an agreement to provide customized information management services for Providian Financial Corporation, a San Francisco-based provider of credit cards to mainstream American consumers throughout the United States.


03/22/2005 09:10:07 AM
StreetInsider Alert for IDSY

Mar 22, 2005 (streetinsider.com via COMTEX) --I.D. Systems, Inc. (Nasdaq: IDSY) announced that the federal government's General Services Administration (GSA) has issued a Federal Supply Service (FSS) Information Technology (IT) contract covering all hardware, software and services related to the company's patented wireless asset tracking and management system. Effective March 15, 2005, this multiple award schedule contract has an initial term of five years, with up to three additional five-year option periods, for a total maximum contract duration of 20 years.

______

03/22/2005 09:05:31 AM
StreetInsider Alert for CERN

Mar 22, 2005 (streetinsider.com via COMTEX) --Jefferies Group initiated coverage on Cerner Corporation (Nasdaq: CERN) with a Buy rating; $59.00 price target. The firm noted that CERN has a competitive advantage, which should help continue to drive future sales growth.


03/22/2005 09:05:28 AM
StreetInsider Alert for CHH

Mar 22, 2005 (streetinsider.com via COMTEX) --Jefferies Group initiated coverage on Choice Hotels International, Inc. (NYSE: CHH) with a Buy rating; $75.00 price target. The firm stated that CHH is one of the best free cash flow stories in the lodging industry and they believe shares offer an attractively priced, low-risk investment opportunity.

______

03/22/2005 09:00:17 AM
StreetInsider Alert for FLE

Mar 22, 2005 (streetinsider.com via COMTEX) --IRG Research intiiated coverage on Fleetwood Enterprises, Inc. (NYSE: FLE) with a Sell rating; $7.00 price target. In the firm's opinion, FLE's breakup value is lower than its market value, and they feel the company faces a double roadblock to value creation: poor asset utilization in the RV division and a delayed recovery in manufactured housing. In addition, they cited continued projected annual losses for FY05 and FY06, and declining margins due to lower production, increased retail incentives, and reduced product pricing.


03/22/2005 09:00:16 AM
StreetInsider Alert for ISTA

Mar 22, 2005 (streetinsider.com via COMTEX) --Lazard Freres initiates coverage on Ista Pharmaceuticals, Inc (Nasdaq: ISTA) with a 'buy' rating and $14 price target. The analyst says the company's marketed products, Istalol and Vitrase, target a combined $220 million market and that they should benefit from a recent doubling of the company's sales force. In addition, they say Xibrom, with sales potential of $100 million, represents ISTA's largest near-term opportunity and believe its approval is highly likely.


______

03/22/2005 08:55:22 AM
StreetInsider Alert for ELOS

Mar 22, 2005 (streetinsider.com via COMTEX) --Thomas Weisel Partners initiated coverage on Syneron Medical Ltd. Ordinary Shares (Nasdaq: ELOS) with a Peer Perform rating. The firm considers ELOS' growth prospects as superior based on its industry leading margins and rapid revenue and mkt share growth, the benefits of the company's proprietary ELOS technology and the company's broad product offering. However, they cited ELOS' robust valuation and the robust valuation of the aesthetics group.

______

03/22/2005 08:50:15 AM
StreetInsider Alert for PBH

Mar 22, 2005 (streetinsider.com via COMTEX) --SunTrust Banks initiated coverage on Prestige Brands Holdings, Inc. (NYSE: PBH) with a Buy rating; $22.00 price target. In the firm's opinion, PBH is well positioned to benefit from industry consolidation based on the following: 1) mgmt experience; 2) ample opportunities; 3) PBH's scale; and 4) synergistic acquisition criteria. U.S. Bancorp Piper Jaffray started the stock at Outperform; $21.00 price target. The firm forecasts margin expansion through a combination of higher margin product mix driven by recent acquisitions, synergies from acquisitions, and increased operating leverage. Merrill Lynch started the stock at Neutral. The firm notes they do not expect the 20% appreciation necessary for a Buy rating.


03/22/2005 08:50:14 AM
StreetInsider Alert for BCON

Mar 22, 2005 (streetinsider.com via COMTEX) --Beacon Power Corporation (NASDAQ: BCON) has been awarded a contract from Bechtel Bettis, Inc., to design and deliver an advanced flywheel-based power system demonstration unit.

Bechtel Bettis, a Bechtel subsidiary, manages and operates the U.S. Navy Nuclear Propulsion Program's Bettis Atomic Power Laboratory for the U.S. Department of Energy.


03/22/2005 08:45:12 AM
StreetInsider Alert for MBAY

Mar 22, 2005 (streetinsider.com via COMTEX) --MediaBay, Inc. (Nasdaq: MBAY) announced that all of the company's borrowings will be retired and cash reserves will increase to approximately $16 million, following an infusion of $35 million in private equity financing from several institutional investors.


03/22/2005 08:45:12 AM
StreetInsider Alert for ECLP

Mar 22, 2005 (streetinsider.com via COMTEX) --Jefferies Group initiated coverage on Eclipsys Corporation (Nasdaq: ECLP) with a Hold rating.


03/22/2005 08:40:18 AM
StreetInsider Alert for THOR

Mar 22, 2005 (streetinsider.com via COMTEX) --Thoratec Corporation (Nasdaq: THOR) filed for approval to CE Mark its HeartMate II LVAS (Left Ventricular Assist System), the approval of which would allow the commercial launch of the device in Europe.


______

03/22/2005 08:40:18 AM
StreetInsider Alert for UQM

Mar 22, 2005 (streetinsider.com via COMTEX) --UQM Technologies, INC. (Amex: UQM) announced that it has received an order for two UQM® generators that will provide generated power for two additional "Spinner" hybrid electric unmanned ground combat vehicles being built by a team led by the National Robotics Engineering Consortium, a unit of Carnegie Mellon University's Robotics Institute. The UQM generators will be integrated with a small diesel engine to generate the power required by the two additional unmanned ground combat vehicles (UGCV's) which are propelled by high torque wheel-mounted UQM propulsion motors. The UQM generators replace a small turbine generator used in an earlier version of the UGCV, increasing the Company's product content on each hybrid electric UGCV. The UGCV platform is an advanced technology demonstrator that complements the Army's Future Combat System networked system environment of manned and unmanned ground and airborne weapon systems with superior levels of mobility and reduced logistic needs.


03/22/2005 08:40:17 AM
StreetInsider Alert for DPH

Mar 22, 2005 (streetinsider.com via COMTEX) --Delphi Corporation (NYSE: DPH) has signed a non-binding letter of intent with Johnson Controls Inc. to sell our global lead-acid battery business for approximately $212.5 million. The transaction is subject to negotiation of definitive agreements, due diligence, completion of information and consultation procedures with the Works Councils in Europe, final negotiations with the UAW and IUE, and necessary corporate and regulatory approvals, as well as certain other closing conditions.


03/22/2005 08:40:16 AM
StreetInsider Alert for GNBT

Mar 22, 2005 (streetinsider.com via COMTEX) --Generex Biotechnology Corporation (Nasdaq: GNBT) announced that patient enrollment had begun for trials with a novel therapeutic vaccine for breast cancer developed by its wholly owned subsidiary Antigen Express. The compound, AE37, is being tested with LTC George Peoples, MD, Medical Corps, U.S. Army at the Walter Reed Army Medical Center (WRAMC), in conjunction with the Clinical Breast Care Project (CBCP). The CBCP is a Congressionally mandated civilian-military collaboration between WRAMC, the Uniformed Services University of the Health Sciences (USU), the Windber Research Institute (Windber, PA) and The Henry M Jackson Foundation for the Advancement of Military Medicine, Inc. (Foundation). The mission of the CBCP is to undertake advanced research in breast cancer prevention, diagnosis, and treatment. Antigen Express entered into a Collaborative Research and Development Agreement (CRADA) last fall with the USU and the Foundation to work with Dr. Peoples to advance Antigen Express' HER-2/neu vaccine efforts for breast cancer.


03/22/2005 08:40:16 AM
StreetInsider Alert for UNP

Mar 22, 2005 (streetinsider.com via COMTEX) --Union Pacific Corporation (NYSE: UNP) is increasing its first quarter 2005 earnings guidance range to $0.43 to $0.48 per diluted share. This new range compares to the Company's previously issued guidance of $0.25 to $0.35 per diluted share.


03/22/2005 08:40:15 AM
StreetInsider Alert for CYTR

Mar 22, 2005 (streetinsider.com via COMTEX) --CytRx Corporation (Nasdaq: CYTR), Advanced BioScience Laboratories (ABL) and the University of Massachusetts Medical School (UMMS) announced the completion of enrollment of healthy volunteers in a three-arm Phase 1 clinical trial for a novel HIV DNA vaccine.

The primary objective of the Phase 1 clinical trial is to determine the safety and tolerability of different dosages and routes of administration of the DNA vaccine, and a fixed dosage and route of administration of an HIV protein boost. The vaccine strategy is to assess in human volunteers whether a DNA vaccine with a protein boost can stimulate both antibody and T-cell immune responses to the virus as previously demonstrated in animal models. To date, the vaccine has been well tolerated in humans.

______

03/22/2005 08:35:19 AM
StreetInsider Alert for DAKT

Mar 22, 2005 (streetinsider.com via COMTEX) --Daktronics, Inc. (Nasdaq: DAKT) announced it has been awarded a contract for approximately $7 million to provide the second phase of an integrated display system for the Kuwait Stock Exchange in Kuwait City, Kuwait. The first phase of the system, worth approximately $1.5 million, was substantially complete in December 2004.


03/22/2005 08:35:18 AM
StreetInsider Alert for SONS

Mar 22, 2005 (streetinsider.com via COMTEX) --Sonus Networks (Nasdaq: SONS) announced that NuVox Communications is introducing its new business VoIP service that will be delivered over its Sonus-based network. Building on its existing long-distance network, NuVox Communications is now expanding its network, which includes Sonus' GSX9000 and Insignus Softswitch, and broadening its suite of services in order to deliver a comprehensive set of IP telephony applications to enterprise clients.


03/22/2005 08:35:17 AM
StreetInsider Alert for DGIN

Mar 22, 2005 (streetinsider.com via COMTEX) --Digital Insight Corp. (Nasdaq: DGIN) announced the completion of its $25 million stock repurchase program. The Company repurchased approximately 1.5 million shares, including nearly 1.3 million shares during the first quarter ending March 31, 2005, at an average cost of $16.60 per share. The program was announced on October 21, 2004.


03/22/2005 08:35:17 AM
StreetInsider Alert for CRXL

Mar 22, 2005 (streetinsider.com via COMTEX) --Dutch biotechnology company Crucell N.V. (Nasdaq: CRXL) announced the signing of a commercial PER.C6(R) license agreement with Singapore-based company SingVax Pte Ltd for the development and commercialisation of new vaccines against Japanese encephalitis.


03/22/2005 08:35:15 AM
StreetInsider Alert for AXJ

Mar 22, 2005 (streetinsider.com via COMTEX) --AXM Pharma, Inc. (AMEX: AXJ) announced that it has signed a 2005 Distribution Agreement for 3,000,000 RMB (US$362,757) with Wuhan Jianda Commercial Trade Co. LTD. for the Company's line of Whisper feminine hygiene products and Anti-fatigue capsules for distribution in Hubei province.

______

03/22/2005 08:30:25 AM
StreetInsider Alert for DMCX

Mar 22, 2005 (streetinsider.com via COMTEX) --DataMirror (NASDAQ: DMCX) will purchase for cancellation a total of 2,000,000 common shares pursuant to its offer to purchase dated February 11, 2005; at a purchase price of C$10.00 per common share.

The common shares to be repurchased comprise approximately 19% of the outstanding common shares of the Company before giving effect to the repurchase. After giving effect to the repurchase, there will remain outstanding approximately 8,556,000 common shares.


03/22/2005 08:30:25 AM
StreetInsider Alert for AFT

Mar 22, 2005 (streetinsider.com via COMTEX) --Pacific Growth Equities initiated coverage on Axesstel Inc. (AMEX: AFT) with an Overweight rating. The firm based their Overweight rating on the following factors: 1) significant contracts already in place; 2) new contracts and products should boost gross margins; 3) rapid growth; 4) experienced design team; and 5) low cost and low risk manufacturing strategy.


03/22/2005 08:30:24 AM
StreetInsider Alert for AVNX

Mar 22, 2005 (streetinsider.com via COMTEX) --Needham downgrades Avanex (Nasdaq: AVNX) from 'buy' to 'hold'.


03/22/2005 08:30:23 AM
StreetInsider Alert for HORC

Mar 22, 2005 (streetinsider.com via COMTEX) --U.S. Bancorp Piper Jaffray initiated coverage on Horizon Health Corporation (Nasdaq: HORC) with an Outperform rating; $47.00 price target. The firm assigned an Outperform rating due to the following positives: 1) reaccelerating growth in behavioral health; 2) a strong development pipeline; 3) measured M&A pace will be a cornerstone; 4) earnings model is highly sensitive to incremental transactions; 5) joint venture strategy may be a unique avenue for growth in the sector; and 6) they expect FY05 will be a transformational year.


03/22/2005 08:25:13 AM
StreetInsider Alert for AGIX

Mar 22, 2005 (streetinsider.com via COMTEX) --Needham upgrades AtheroGenics (Nasdaq: AGIX) from 'underperform' to 'hold'.


03/22/2005 08:25:13 AM
StreetInsider Alert for SVR

Mar 22, 2005 (streetinsider.com via COMTEX) --Goldman Sachs initiated coverage on Syniverse Holdings, Incorporated (NYSE: SVR) with an In-Line rating. The firm forecasts the stock to earn 77c a share this year. Bear Stearns strated the stock at Outperform; $19.00 price target. In the firm's opinion, SVR has leverage to the growth of global wireless customers and minutes, as well as the increasing complexity of the industry. Deutsche Bank strated the stock at Buy; $24.00 price target. The firm notes that SVR is a leading software vendor, that should benefit from favorable long-term wireless growth trends.

______

03/22/2005 08:25:12 AM
StreetInsider Alert for LTRX

Mar 22, 2005 (streetinsider.com via COMTEX) --Lantronix, Inc. (Nasdaq: LTRX) and Cimetrics Inc., the leading 3rd-party supplier of BACnet software, announced today the formation of a technology and marketing alliance to bring new IP and Web Services solutions to the building automation market by utilizing the Lantronix XPort module.


03/22/2005 08:25:12 AM
StreetInsider Alert for NDC

Mar 22, 2005 (streetinsider.com via COMTEX) --Soleil Securities Corporation upgraded NDC Health Corporation (NYSE: NDC) from Sell to Hold. In the firm's opinion, the filing of restated financials and improving cash flow substantially reduce the potential for debt default, which has been an overhang on the stock. They also feel that core operating trends appear to be improving, albeit at a modest pace.


03/22/2005 08:25:11 AM
StreetInsider Alert for NLX

Mar 22, 2005 (streetinsider.com via COMTEX) --Analex Corporation (Amex: NLX) signed a non-binding letter of intent to acquire ComGlobal Systems, Incorporated, a software engineering and information technology firm primarily providing services to federal government agencies and organizations. ComGlobal Systems is an IT company headquartered in San Diego, California, with revenue of $39.5 million for the fiscal year ended June 30, 2004.



03/22/2005 08:20:11 AM
StreetInsider Alert for VEGF

Mar 22, 2005 (streetinsider.com via COMTEX) --Corautus Genetics Inc. (Nasdaq: VEGF) said the FDA has approved several amendments to the clinical trial protocol for GENASIS, relating to patient enrollment requirements for the trial. GENASIS is Corautus' Phase IIb clinical trial to evaluate the safety and efficacy of Vascular Endothelial Growth Factor-2 for the treatment of patients with refractory angina.


03/22/2005 08:20:11 AM
StreetInsider Alert for LPNT

Mar 22, 2005 (streetinsider.com via COMTEX) --Ryan Beck initiated coverage on LifePoint Hospitals Inc (Nasdaq: LPNT) with an Outperform rating; $44.00 price target. In the firm's opinion, the upside to their ests can be found in LPNT's pending acquisition of Province Healthcare (PRV), which gives it an opportunity to apply its operating strengths to PRV's portfolio. In addition, they believe hospital mgmt stocks are operating in an environment of fairly stable costs and decent pricing.


03/22/2005 08:20:10 AM
StreetInsider Alert for OXY

Mar 22, 2005 (streetinsider.com via COMTEX) --Soleil Securities Corporation initiated coverage on Occidental Petroleum Corporation (NYSE: OXY) with a Hold rating; $67.00 price target. The firm notes that OXY intends to continue its extremely focused oil and gas strategy. Their Hold opinion is based on higher oil prices than its assumption and some meaningful deals in the pipeline.

______

03/22/2005 08:15:27 AM
StreetInsider Alert for WPL

Mar 22, 2005 (streetinsider.com via COMTEX) --WP Stewart and Co Ltd (NYSE: WPL) announced the following management changes: The appointment of Henry B. Smith to the newly created position of President and Chief Executive Officer of the Company; The appointment of Rocco Macri to the position of Managing Director and Chief Operating Officer; The appointment of Susan Leber to the position of Deputy Managing Director - Chief Financial Officer;


03/22/2005 08:15:26 AM
StreetInsider Alert for NGEN

Mar 22, 2005 (streetinsider.com via COMTEX) --Nanogen, Inc. (Nasdaq: NGEN) and Pathway Diagnostics announced today that they have entered into a nonexclusive, worldwide license agreement under which Nanogen will develop diagnostic products that detect genetic variations associated with responses to antidepressant and antipsychotic therapeutics.


03/22/2005 08:15:25 AM
StreetInsider Alert for BSG

Mar 22, 2005 (streetinsider.com via COMTEX) --BISYS (NYSE: BSG) announced that Kevin J. Dell has stepped down from his positions as Executive Vice President, General Counsel and Secretary of the company to pursue other professional opportunities.


03/22/2005 08:10:16 AM
StreetInsider Alert for AZ

Mar 22, 2005 (streetinsider.com via COMTEX) --Lehman Brothers Holdings upgraded Allianz AG ADS (NYSE: AZ) from Equal-weight to Overweight. The firm is raising their recommendation citing impressive growth in life new business profit and its confidence that 2005 IFRS earnings will be strong and that restructuring at Dresdner is complete. In addition, they report that Allianz' capital position had been strengthened following the capital raising in January and they do not believe that it will require further strengthening.


03/22/2005 08:10:15 AM
StreetInsider Alert for GSK

Mar 22, 2005 (streetinsider.com via COMTEX) --GlaxoSmithKline (NYSE: GSK) and Medco Health Solutions, Inc. (NYSE: MHS) announced an innovative collaboration designed to provide broad access to GSK's medicines through Medco's proposed CMS offering as a National Prescription Drug Provider.


03/22/2005 08:10:15 AM
StreetInsider Alert for RCL

Mar 22, 2005 (streetinsider.com via COMTEX) --Bear Stearns downgraded Royal Caribbean Cruises LTD (NYSE: RCL) from Outperform to Peer Perform. In the firm's opinion, while the stock has already pulled back from its highs and bargain hunters may be tempted to step in, a lack of near term catalysts will keep the shares range-bound at best for the foreseeable future.


03/22/2005 08:10:14 AM
StreetInsider Alert for RHAT

Mar 22, 2005 (streetinsider.com via COMTEX) --Red Hat, Inc. (NASDAQ: RHAT) said Ticketmaster has chosen StrongMail on Red Hat Enterprise Linux to power the company's e-mail-based marketing tool for clients across the globe. StrongMail will serve as the e-mail generation and delivery engine for Ticketmaster's new e-mail marketing product, with Red Hat Enterprise Linux serving as the platform solution.


03/22/2005 08:10:13 AM
StreetInsider Alert for ESRX

Mar 22, 2005 (streetinsider.com via COMTEX) --Prudential Securities initiated coverage on Express Scripts Inc (Nasdaq: ESRX) with a Neutral rating; $90.00 target price.


03/22/2005 08:05:19 AM
StreetInsider Alert for CMX

Mar 22, 2005 (streetinsider.com via COMTEX) --Prudential Securities initiated coverage on Caremark Rx Inc (NYSE: CMX) with a Neutral rating; $43.00 price target.


03/22/2005 08:05:19 AM
StreetInsider Alert for FTD

Mar 22, 2005 (streetinsider.com via COMTEX) --Goldman Sachs initiatied coverage on FTD Group (NYSE: FTD) with an Inline rating as it is leverage the optimal floral model. US Bancorp Started the stock at Marketkt Perform;$15 price target. The firm believes that while they expect FTD to continue to be a key beneficiary of the migration to order gatherers and benefit from the growth of new initiatives, the stock is fairly valued and would look to buy shares at the opportunity. They would like to see an acceleration in revenue growth and/or an expansion in operating margins. In addition, they believe FTD enjoys the most recognized brand name in the florist industry.


03/22/2005 08:01:06 AM
StreetInsider Alert for ARTG

Mar 22, 2005 (streetinsider.com via COMTEX) --Art Technology Group, Inc. (NASDAQ: ARTG), said CFO Ed Terino has informed the company that he intends to seek a senior executive position with a broader range of responsibilities. To provide a transition period, his resignation from ATG will become effective June 30, 2005.


03/22/2005 08:01:06 AM
StreetInsider Alert for IDXC

Mar 22, 2005 (streetinsider.com via COMTEX) --Jefferies Group initiates coverage on IDX Systems Corporation (Nasdaq: IDXC) with a 'buy' rating and $42 price target. Says UK contracts provide a greater level of comfort in the guidance and outlook for the company.


03/22/2005 08:01:04 AM
StreetInsider Alert for RX

Mar 22, 2005 (streetinsider.com via COMTEX) --Jefferies Group initiates coverage on IMS Health Inc (NYSE: RX) with a 'hold' rating.


03/22/2005 08:01:03 AM
StreetInsider Alert for GIS

Mar 22, 2005 (streetinsider.com via COMTEX) --General Mills (NYSE: GIS) reports Q3 earnings of $0.74 per share, 4 cents better than estimates. Revenues came in at $2.77 billion versus the consensus of $2.82 billion. Sees FY05 EPS of $2.85-$2.95 versus the consensus of $2.92.


03/22/2005 08:01:03 AM
StreetInsider Alert for KMT

Mar 22, 2005 (streetinsider.com via COMTEX) --Kennametal Inc. (NYSE: KMT) announced that Cathy R. Smith will join the firm as Executive Vice President and Chief Financial Officer effective April 11, 2005.


______* More To Come *

03/22/2005 08:00:59 AM
StreetInsider Alert for STTX

Mar 22, 2005 (streetinsider.com via COMTEX) --Steel Technologies Inc. (NASDAQ: STTX) sees Q2 revenue of $280 million and EPS of $1.08 per share, including a $0.06 tax benefit, versus the consensus of $269.55M and $0.92.


03/22/2005 08:00:58 AM
StreetInsider Alert for ANSI

Mar 22, 2005 (streetinsider.com via COMTEX) --Advanced Neuromodulation Systems, Inc. (Nasdaq: ANSI) received an FDA Investigational Device Exemption approval to implant 160 patients at 12 sites to investigate the safety and efficacy of the ANS Libra(TM) Deep Brain Stimulation System to treat Essential Tremor.


03/22/2005 08:00:57 AM
StreetInsider Alert for ANT

Mar 22, 2005 (streetinsider.com via COMTEX) --Anteon International Corporation (NYSE: ANT) has been awarded a contract by the U.S. Army to provide support to the Medical Communications for Combat Casualty Care (MC4) Program Office. The estimated value of this five-year contract, if all options are exercised, is $117 million.


03/22/2005 08:00:57 AM
StreetInsider Alert for IMAX

Mar 22, 2005 (streetinsider.com via COMTEX) --IMAX Corporation (NASDAQ: IMAX) and Yelmo Cineplex, a leading film exhibitor in Spain, and a joint venture between Loews Cineplex Entertainment and Yelmo Films, today announced that the exhibitor will unveil its second IMAX theatre at the Yelmo Cineplex Plaza Mayor multiplex in Malaga, Spain in late April of this year.



03/22/2005 08:00:56 AM
StreetInsider Alert for TIBX

Mar 22, 2005 (streetinsider.com via COMTEX) --Piper Jaffray initiates coverage on TIBCO Software Inc. (Nasdaq: TIBX) with an 'outperform' rating and $10 price target, citing valuation.


03/22/2005 08:00:55 AM
StreetInsider Alert for TRID

Mar 22, 2005 (streetinsider.com via COMTEX) --Trident Microsystems (Nasdaq: TRID) announced that Tatung Company, Taiwan's leading consumer electronics manufacturers, selects Trident's SVP EX integrated 10-bit video decoder and processor featuring the Digital Cinema Reality Engine to power its latest family of LCD TVs for world-wide markets.


03/22/2005 08:00:55 AM
StreetInsider Alert for CY

Mar 22, 2005 (streetinsider.com via COMTEX) --UBS upgrades Cypress Semiconductor Corp. (NYSE: CY) from 'neutral' to 'buy'.


03/22/2005 08:00:53 AM
StreetInsider Alert for PERY

Mar 22, 2005 (streetinsider.com via COMTEX) --Perry Ellis Int'l (Nasdaq: PERY) reports Q4 earnings of $0.83 per share, 5 cents better than estimates. Q4 revenues were $172.1 million, higher than analysts estimates of $163.8 million. PERY reaffirms full-year earnings outlook and guides higher for full-year revenues.


03/22/2005 08:00:53 AM
StreetInsider Alert for NPTH

Mar 22, 2005 (streetinsider.com via COMTEX) --Enpath Medical Inc. (Nasdaq: NPTH) received CE approval from the European Union to begin marketing its steroid epicardial lead in Europe for one of its two contract customers for this product. The Company anticipates CE approval on a second version of the steroid epicardial lead for its other contract customer in the next several weeks.

The Company also reported that the FDA has indicated it will require prospective human clinical data prior to approving the Company's submission of its steroid epicardial lead.


03/22/2005 08:00:52 AM
StreetInsider Alert for PRW

Mar 22, 2005 (streetinsider.com via COMTEX) --Pro-Pharmaceuticals, Inc. (Amex: PRW) announced encouraging results of pre-clinical experiments that include Avastin, 5-Fluorouracil and DAVANAT.

The presentation highlights results of experiments that reveal when DAVANAT is co-administrated with 5-FU and the anti-Vascular Endothelial Growth Factor drug, Avastin to mice implanted with human colon tumor DAVANAT significantly improves anti-tumor activities of the combination and doubles the tumor shrinkage rate.


03/22/2005 08:00:52 AM
StreetInsider Alert for WSM

Mar 22, 2005 (streetinsider.com via COMTEX) --Williams-Sonoma (NYSE: WSM) reports Q4 earnings of $0.95 per share, (exluding items), in-line with estimates. Q4 revenues were $1.084 billion, slightly lower than analysts estimates of $1.09 billion. Company reaffirms full-year 2006 earnings outlook.


03/22/2005 08:00:51 AM
StreetInsider Alert for CTRX

Mar 22, 2005 (streetinsider.com via COMTEX) --CoTherix, Inc. (Nasdaq: CTRX) announced the commercial availability of Ventavis Inhalation Solution in the U.S. for the treatment of pulmonary arterial hypertension in patients with NYHA Class III or IV symptoms. PAH is a progressive, highly debilitating and potentially fatal disease characterized by high blood pressure in the pulmonary arteries.


03/22/2005 08:00:50 AM
StreetInsider Alert for FNX

Mar 22, 2005 (streetinsider.com via COMTEX) --Bear Stearns downgrades FNX Mining Company (NYSE: FNX) from Outperform to Peer Perform on recent run in stock price.


03/22/2005 08:00:50 AM
StreetInsider Alert for FDS

Mar 22, 2005 (streetinsider.com via COMTEX) --FactSet (NYSE: FDS) reports Q2 earnings of $0.34 per share, in-line with estimates. Q2 revenues were $76.5 million, slightly higher than analysts estimates of $76.39 million. FDS reaffirms Q3 revenue outlook.


03/22/2005 08:00:49 AM
StreetInsider Alert for FLOW

Mar 22, 2005 (streetinsider.com via COMTEX) --Flow International Corporation (Nasdaq: FLOW) said it has completed a transaction with 14 institutional investors for the private placement of 17.5 million equity units of securities, each unit comprised of one share of common stock and a warrant to purchase one-tenth of a share of common stock, at a per-unit price of $3.72. Roth Capital Partners acted as the sole placement agent in this transaction.

______* Refresh Your Browser *

03/22/2005 08:00:37 AM
StreetInsider Alert for MAT

Mar 22, 2005 (streetinsider.com via COMTEX) --Mattel Inc. (NYSE: MAT) announced that the Board of Directors has authorized the company to increase its previously announced share repurchase program by an additional $250 million.


03/22/2005 08:00:37 AM
StreetInsider Alert for MRVL

Mar 22, 2005 (streetinsider.com via COMTEX) --UBS upgrades Marvell Technology (Nasdaq: MRVL) from Reduce to Buy on growth turnaround-Price target $46.


03/22/2005 08:00:36 AM
StreetInsider Alert for NSM

Mar 22, 2005 (streetinsider.com via COMTEX) --UBS Securities upgrades National Semiconductor (NYSE: NSM) from Neutral to Buy on improved outlook.


03/22/2005 08:00:35 AM
StreetInsider Alert for MSFT

Mar 22, 2005 (streetinsider.com via COMTEX) --Microsoft Corp. (Nasdaq: MSFT) said their Xbox consoles were in short supply at several major retail outlets recently due to unexpectedly high demand.


03/22/2005 08:00:25 AM
StreetInsider Alert for GILD

Mar 22, 2005 (streetinsider.com via COMTEX) --Gilead Sciences (Nasdaq: GILD) announced that the company has entered into a licensing agreement with Japan Tobacco Inc. (JT), under which JT has granted to Gilead exclusive rights to develop and commercialize a novel HIV integrase inhibitor in all countries of the world, excluding Japan, where JT will retain rights.


03/22/2005 08:00:25 AM
StreetInsider Alert for RETK

Mar 22, 2005 (streetinsider.com via COMTEX) --Oracle Corp (Nasdaq: ORCL) and Retek Inc. (Nasdaq: RETK) announced that they have signed a definitive merger agreement under which Oracle will acquire Retek at a price of $11.25 for each outstanding Retek share. SAP AG (NYSE: SAP) has dropped out of the bidding.


03/22/2005 08:00:24 AM
StreetInsider Alert for OSIP

Mar 22, 2005 (streetinsider.com via COMTEX) --OSI Pharmaceuticals (Nasdaq: OSIP) announced that the Swiss health authority, Swissmedic, has approved Tarceva for the treatment of patients with locally advanced or metastatic non-small cell lung cancer after failure of at least one prior chemotherapy regimen.


03/22/2005 08:00:23 AM
StreetInsider Alert for BMET

Mar 22, 2005 (streetinsider.com via COMTEX) --Biomet (Nasdaq: BMET) reports Q3 adjusted earnings of $0.40 per share, in-line with estimates. Q3 revenues were $482.02 million, slightly higher than analysts estimates of $481.23 million. BMET reaffirms Q4 earnings and revenue outlook.


03/22/2005 08:00:12 AM
StreetInsider Alert for LEN

Mar 22, 2005 (streetinsider.com via COMTEX) --Lennar Corp (NYSE: LEN) reports Q1 earnings of $1.17 per share, 16 cent better than estimates. Q1 revenues were $2.40 billion, higher than analysts estimates of $2.29 billion. LEN sees better than expected full-year 2005 earnings.

____________

StreetInsider.com Premium is also available to Bloomberg Terminal users. Bloomberg users type STIN for more information.

StreetInsider.com, Inc., US Toll Free: 800-323-0153, [e-mail], http://www.streetinsider.com

About StreetInsider.com: StreetInsider.com is a premium financial news wire service covering the US equity markets. StreetInsider.com provides its premium members with live, market moving news reports for the pre-open, intra-day and after-hours trading sessions. Areas of focus include: Trader Talk, Market Rumors, Broker Comments, Upgrades/Downgrades, Earnings Releases, Corporate News, and General Market News/Events.
For a 2-week free trial to StreetInsider.com Premium please visit the web site at: http://www.streetinsider.com

© 2004 Dialog, a Thomson business. All rights reserved.