AI
| Followers | 71 |
| Posts | 12229 |
| Boards Moderated | 1 |
| Alias Born | 04/01/2000 |
Wednesday, April 13, 2005 8:48:45 AM
Final - StreetInsider Alerts 04/12/2005 @ 11:00:56 PM
By StreetInsider.com / Briefing.com, Investing-News.Com
Apr 13, 2005, 06:23
DJ:INDU ( MOSS TZOO ) FLO CPWR CA BIIB FDRY KFT NVMI CHK ISIG (+ Briefing.com) (To Earlier Below)
04/12/2005 11:00:56 PM
Briefing.com: Hourly In Play (R) - 23:00 ET
[Briefing.com Stock Information]
Apr 12, 2005 (Briefing.com via COMTEX) --Hourly In Play (R)
Updated: 12-Apr-05 23:00 ET
18:54
Swing Trader: IBM, LTR, ALL, EBAY
Markets came under pressure during the first hour of trade and stabilized thoughout mid-day. It wasn't until the Fed minutes were released that Bond Yields dropped and a broad based rebound in the market ensued. All in all, a strong high volume turnaround across the board, less the Energy sector. Interest-rate sensitive groups (Financials, Reits, Utilities) staged the more impressive rallies on the day. The big question now is how much of a follow-through, if any, will we see?...(continued)
17:14
EASI Engineered Support wins $279 mln contract from US Army (52.91 -0.53)
Co received a contract from the U.S. Army to provide a scaleable, highly-available, integrated, open-standards Command and Control Information Technology Infrastructure for the Multi-National Forces -- Iraq, the Coalition military command providing for security in Iraq at the request of the Iraq Interim Government. The contract provides an initial funding level of $12.2 mln, with a ceiling of $279 mln over the 3-year performance period.
16:57
FARO FARO Techs preannounces Q1 revs; reaffirms Y05 outlook (25.96 +1.12)
Co today reported Q1 sales of approx $27.3 mln (Reuters consensus $26.4 mln), a 30.0% increase from approx $21.0 mln in 1Q04. Co also reported new order bookings of approx $25.1 mln during Q1, an increase of $6.0 mln, or 31.4% compared with approx $19.1 mln in the year-ago quarter. "Based on our 31% growth in new orders year-to-date, we are maintaining our sales forecast for 2005 of $121-$126 mln (Reuters consensus $122 mln)," said Simon Raab, CEO. Co expects to issue its complete earnings release for Q1 on May 9, 2005.
16:54
FARO Techs preannounces Q1 revs of $27.3 mln, vs consensus of $26.38 mln
04/12/2005 04:47:51 PM
StreetInsider Alert for DJ:INDU
Apr 12, 2005 (streetinsider.com via COMTEX) --The Dow finished 59.41 points higher to close at 10,507, the Nasdaq rose 13.28 points to close at 2,005 and the S&P 500 gained 6.55 points to close at 1,187.
A late-day rally was sparked by the publishing of the FOMC minutes, which calmed fears that the Fed would get more aggressive in its battle to fight inflation. Weaker oil prices also had buyers more confident.
Volume was steady with 1.97 billion shares trading on the NYSE and 1.93 billion on the Nasdaq. Advancers outpaced decliners today by a margin of 21:12 on the NYSE and by a margin of 17:14 on the Nasdaq.
In individual stories, Mossimo, Inc.'s (Nasdaq: MOSS) closed 24.70% higher after founder Mossimo Giannulli proposed to acquire the outstanding publicly held shares of the Company for $4.00 per share in cash. On the downside, Travelzoo Inc (Nasdaq: TZOO) closed 19.40% lower after reporting Q1 below the consensus.
Tomorrow traders will be watching for data from Retail Sales and Retail Sales ex-auto. Both are due to hit the wires at 8:30 A.M.
04/12/2005 04:47:09 PM
StreetInsider Alert for FLO
Apr 12, 2005 (streetinsider.com via COMTEX) --Flowers Foods (NYSE: FLO) announced the purchase for cash of a block of approximately 2.1 million shares of its common stock from an institutional holder at $28.95 per share, or $59.5 million. The shares were purchased in accordance with the share repurchase plan approved by the board of directors in 2002, which authorizes the company to repurchase up to 7.5 million shares of common stock. With this purchase, the company has repurchased approximately 4.9 million shares of its common stock for $134.0 million, an average of $27.43 per share. To fund the purchase announced today, the company drew upon its existing $150 million credit facility.
04/12/2005 04:25:18 PM
StreetInsider Alert for CPWR
Apr 12, 2005 (streetinsider.com via COMTEX) --Compuware Corporation (Nasdaq: CPWR) warns for Q4; sees revenue of approximately $316 million and EPS of $0.06-$0.08, versus the consensus of $351.93M and $0.13.
04/12/2005 04:25:17 PM
StreetInsider Alert for CA
Apr 12, 2005 (streetinsider.com via COMTEX) --Computer Associates (NYSE: CA) authorized the doubling of its annual cash dividend to $0.16 per share, to be paid out in quarterly installments of $0.04 per share. In addition, the Board authorized repurchasing up to $100 million in Company shares per quarter over fiscal year 2006, for an annual total of up to $400 million.
04/12/2005 04:25:15 PM
StreetInsider Alert for BIIB
Apr 12, 2005 (streetinsider.com via COMTEX) --Biogen Idec (Nasdaq: BIIB) and Elan Corp PLC (NYSE: ELN) said two-year data from the AFFIRM Phase III monotherapy trial presented today for the first time, showed that treatment with TYSBARI led to a significant reduction in disability progression, the rate of clinical relapses and brain lesions in patients with relapsing forms of multiple sclerosis.
AFFIRM met all primary and secondary endpoints, including disability progression and relapse rate. TYSABRI treatment was also associated with a low level of immunogenicity.
NOTE: TYSABRI was withdrawn in February after a patient died from a rare brain infection.
04/12/2005 04:10:20 PM
StreetInsider Alert for FDRY
Apr 12, 2005 (streetinsider.com via COMTEX) --Foundry Networks, Inc. (Nasdaq: FDRY) warns for Q1; said net revenue for the first quarter ended March 31, 2005 is expected to be approximately $84 million, compared to the Company's previous forecast of $100-$110 million. The Company also expects earnings per diluted share for the first quarter to be in the range of $0.06 to $0.07, versus the Company's previous forecast of $0.08 to $0.12.
04/12/2005 04:10:20 PM
StreetInsider Alert for KFT
Apr 12, 2005 (streetinsider.com via COMTEX) --Kraft Foods Inc. (NYSE: KFT) announced that is has agreed to sell its fruit snacks operation to the Kellogg Company, for approximately $30 million. The fruit snacks business generated net revenues of approximately $80 million in 2004.
04/12/2005 04:10:18 PM
StreetInsider Alert for NVMI
Apr 12, 2005 (streetinsider.com via COMTEX) --Nova Measuring Instruments Ltd. (NASDAQ: NVMI), the market leader in Integrated Metrology systems, today announced that revenues for the first quarter of 2005 would be around $5M, below the guidance that was provided previously. Consensus is $10.69M (once analyst)
04/12/2005 04:05:23 PM
StreetInsider Alert for CHK
Apr 12, 2005 (streetinsider.com via COMTEX) --Chesapeake Energy Corporation (NYSE: CHK) announced that it has entered into four independent agreements with private sellers of oil and natural gas assets located in South Texas, East Texas and the Permian Basin for an aggregate of $686.4 million in cash. Through these transactions, Chesapeake anticipates acquiring an internally estimated 566 billion cubic feet of natural gas equivalent (bcfe) proved, probable and possible (3P) reserves, comprised of 289 bcfe of proved reserves and 277 bcfe of probable and possible reserves. Current net production is an estimated 61 million cubic feet of natural gas equivalent (mmcfe) production per day from 405 existing wells.
04/12/2005 03:50:24 PM
StreetInsider Alert for ISIG
Apr 12, 2005 (streetinsider.com via COMTEX) --Insignia Systems (Nasdaq: ISIG) disclosed in a filing that Justin W. Shireman was appointed to serve as the Company's Vice President of Finance, Chief Financial Officer and Treasurer. Since April 2003 Mr. Shireman has been the Company's Controller.
~~~ Guidance For Trades ~~~ [ ALT + BACK ARROW ] to Return
ISIG LENSE MTLG PX DJ:INDU ( VNWI LANV MOSS GRA TZOO ATSN TGEN SALM CACS STEM BDK ) (+ Briefing.com) (To Earlier Below)
04/12/2005 03:50:24 PM
StreetInsider Alert for ISIG
Apr 12, 2005 (streetinsider.com via COMTEX) --Insignia Systems (Nasdaq: ISIG) disclosed in a filing that Justin W. Shireman was appointed to serve as the Company's Vice President of Finance, Chief Financial Officer and Treasurer. Since April 2003 Mr. Shireman has been the Company's Controller.
______
04/12/2005 03:15:15 PM
StreetInsider Alert for LENSE
Apr 12, 2005 (streetinsider.com via COMTEX) --Concord Camera Corp. (NASDAQ: LENSE) received a notice from the Nasdaq Listing Qualifications staff indicating the Company has evidenced compliance with all criteria for continued listing on the Nasdaq National Market. Effective with the opening of business on Wednesday, April 13, 2005, the Company's trading symbol will be changed from LENSE to LENS.
______
04/12/2005 03:05:04 PM
Briefing.com: Hourly In Play (R) - 15:00 ET
[Briefing.com Stock Information]
Apr 12, 2005 (Briefing.com via COMTEX) --Hourly In Play (R)
Updated: 12-Apr-05 15:00 ET
14:53
CI CIGNA challenges its early March highs near 92.23/92.74 (92.34 +2.01)
-Update- - - Technical - -
14:52
USPI United Surgical testing March/April/52-wk high at 46.74 (46.75 +0.46)
- Technical -
14:47
Sector Watch
Rate sensitive sectors continue to lead the way: Housing +1.7%, REITs +1.3%, Insurance +1.2%, Banking +1.9%.
14:47
AMGN Amgen - - 50 Day Alert (60.50 +1.17)
- - Technical - - As the stock runs higher with the general market's upward momentum, it sets up for a test of its 50-day simple moving average near 60.70.
14:44
STZ Constellation Brands moves to new high, nearing 52-wk high at 59.50 (59.35 +1.56)
- Technical -
14:33
EXC Exelon rips higher the last half-hour to test its March highs near 47.03/47.18 (47.05 +0.68)
- - Technical - -
14:29
AFC Allmerica penetrates its 2-month resistance area at 36.61/36.86 to notch a new 52-week high (37.03 +0.81)
- - Technical - -
14:28
COMPX Nasdaq Composite sprints to 200 day sma at 1992 and pauses (1988 -4.12)
-Update- Technical -
14:25
C Citigroup - - 200 Day Alert (46.16 +0.55)
- - Technical - - As the stock launches higher over the last 20-minutes, it challenges its 200-day simple moving average at 46.18.
14:22
Financial groups -Banking, Broker/Dealer- spike higher intraday as 10-yr Note yield drops
14:21
KSS Kohl's challenges its session/3-week highs near 52.18/52.24 (52.19 +0.47)
- - Technical - -
14:12
CMA Comerica - - Reversal Alert (54.55 +0.05)
- - Technical - - The stock has jumped into positive territory as it breaks out of its intraday consolidation to notch a fresh session high.
14:09
AAPL Apple Computer notches a fresh session low (42.06 +0.14)
-Update- As the stock notches a fresh session low, it brings into play yesterday's low and its 50-day simple moving average near 41.91.
14:05
Market seeing buy interest following initial downtick following Fed minutes
14:02
RRGB Red Robin Gourmet announces it receives notice of compliance from Nasdaq (52.20 -1.28)
14:00
Treasury Budget -$71.2 bln vs -$69.8 bln
13:55
MTLG Metrologic Inst receives $4.3 mln in initial funding on new contract for its Advanced Optical Systems division (21.14 -0.78)
Co announced that the Advanced Optical Systems Division of its Adaptive Optics Associates subsidiary has received a letter subcontract valued at $4.3 mln which provides initial funding, expected to last through May 31, 2005, from a proprietary customer on a new project. "We anticipate that additional funding will be awarded in the future. The period of performance for the entire contract is expected to last through the end of 2007."
04/12/2005 02:00:21 PM
StreetInsider Alert for MTLG
Apr 12, 2005 (streetinsider.com via COMTEX) --Metrologic Instruments, Inc. (NASDAQ: MTLG) announced that the Advanced Optical Systems Division of its Adaptive Optics Associates, Inc. ("AOA") subsidiary has received a letter subcontract valued at $4.3 million which provides initial funding, expected to last through May 31, 2005, from a proprietary customer on a new project. We anticipate that additional funding will be awarded in the future. The period of performance for the entire contract is expected to last through the end of 2007. Payments under the contract will be made to AOA on a cost-plus-fee basis.
04/12/2005 01:45:13 PM
StreetInsider Alert for PX
Apr 12, 2005 (streetinsider.com via COMTEX) --Praxair, Inc. (NYSE: PX) has finalized an agreement with BP whereby Praxair will supply hydrogen to BP's Whiting, Indiana, refinery over a 20-year period. Praxair will build a new hydrogen plant with a capacity of 20 million cubic feet per day in order to supply the hydrogen to BP and other customers in northern Indiana. The estimated start-up of the plant is in the third quarter of 2006.
04/12/2005 01:40:18 PM
StreetInsider Alert for DJ:INDU
Apr 12, 2005 (streetinsider.com via COMTEX) --04/12: Streetinsider.com's Unusual 11 Afternoon Movers:
VIA NET.WORKS, Inc. (Nasdaq: VNWI) 42.86% HIGHER; Claranet signed a letter of intent to buy the Company's business operations for $26.5 million to $27 million in cash.
LanVision Systems, Inc.'s (Nasdaq: LANV) 28.13% HIGHER; Streamline Health, joined IBM's (NYSE: IBM) ISV Advantage Initiative for SMB.
Mossimo, Inc.'s (Nasdaq: MOSS) 26.20% HIGHER; founder Mossimo Giannulli proposed buying the remaining outstanding shares for $4.00 per share in cash.
W.R. Grace and Co. (NYSE: GRA) 23.13% HIGHER; is seeing momentum on talk that Senator Specter will introduce asbestos bill shortly.
Travelzoo Inc (Nasdaq: TZOO) 17.65% LOWER; reported Q1 lower.
Artesyn Technologies, Inc. (Nasdaq: ATSN) 13.87% LOWER; warned for Q1.
Targeted Genetics Corporation (Nasdaq: TGEN) 12.68% HIGHER; Dr. Beverly Davidson published encouraging preclinical results for a potential treatment of Huntington's Disease.
Salem Communications (Nasdaq: SALM) 10.42% HIGHER; Stanford Capital upgraded the stock.
Carrier Access Corporation (Nasdaq: CACS) 10.41% LOWER; warned for Q1.
StemCells Inc (Nasdaq: STEM) 10.13% HIGHER; is seeing momentum after The Wall Street Journal reported that some large US companies are pursuing plans to study stem cells from early-stage human embryos.
The Black & Decker Corporation (NYSE: BDK) 8.76% HIGHER; raised Q1 guidance.
~~~ Expert Assistance ~~~ [ ALT + BACK ARROW ] to Return
STKL PETC PONR IPIX CSCO DJ:INDU ( VNWI LANV MOSS TZOO CACS XING TGEN NICE ) UGI MAMA WSSI LANV TIER NVTL WSSI LANV TIER NVTL (To Earlier Below)
04/12/2005 01:10:14 PM
StreetInsider Alert for STKL
Apr 12, 2005 (streetinsider.com via COMTEX) --SunOpta Inc. (Nasdaq: STKL) announced today that The Toronto Stock Exchange has accepted notice of its intention to purchase for cancellation, by way of a normal course issuer bid, up to 2,813,000 (or approximately 5%) of its issued and outstanding common shares, as of March 31, 2005, in the open market through the facilities of the Toronto Stock Exchange and NASDAQ. Purchases will be made in accordance with applicable rules of the TSX and requirements of the U.S. Securities and Exchange Commission and at the prevailing market price at the time of purchase. No specific number of shares to be acquired has been established. However, purchases will not exceed 2% of the outstanding common shares in any 30 day period. The issuer bid will commence on April 14, 2005 and will expire no later than April 13, 2006.
04/12/2005 12:25:11 PM
StreetInsider Alert for PETC
Apr 12, 2005 (streetinsider.com via COMTEX) --PETA and PETCO Animal Supplies, Inc. (Nasdaq: PETC) announced an agreement that will advance animal welfare across the country. PETA will end its campaign against the national pet food and supply retailer and PETCO will end the sale of large birds in its stores. Under terms of the agreement: PETCO will end the sale of large birds in the company's stores and PETA will end its boycott of PETCO and its protests at the company's stores.
04/12/2005 12:20:07 PM
StreetInsider Alert for PONR
Apr 12, 2005 (streetinsider.com via COMTEX) --Pioneer Companies, Inc. (OTCBB: PONR) announced that NASDAQ has approved Pioneer's application to list its common stock on The NASDAQ National Market. The trading symbol for the common stock will be PONR. The Company's common stock currently trades under the same symbol on the over-the-counter market. NASDAQ has advised Pioneer that trading will begin on The NASDAQ National Market at the opening of the market on Thursday, April 14, 20
04/12/2005 11:05:11 AM
StreetInsider Alert for IPIX
Apr 12, 2005 (streetinsider.com via COMTEX) --IPIX Corporation (Nasdaq: IPIX) announced that the United States Penitentiary (USP) in Terre Haute, Ind., has purchased multiple CommandView dome cameras for a pilot program evaluating IPIX's 360-degree technology with the prison's video surveillance needs. The pilot program is the first phase of the USP's initiative to upgrade its video surveillance system.
04/12/2005 10:55:17 AM
StreetInsider Alert for CSCO
Apr 12, 2005 (streetinsider.com via COMTEX) --Merrill Lynch upgrades Cisco Systems (Nasdaq: CSCO) from 'neutral' to 'buy'.
04/12/2005 10:30:16 AM
StreetInsider Alert for DJ:INDU
Apr 12, 2005 (streetinsider.com via COMTEX) --04/12: Streetinsider.com's Unusual 8 Morning Movers:
VIA NET.WORKS, Inc. (Nasdaq: VNWI) 47.62% HIGHER; Claranet, an independent and privately held European internet service provider, signed a letter of intent to buy the Company's business operations for $26.5 million to $27 million in cash.
LanVision Systems, Inc.'s (Nasdaq: LANV) 36.97% HIGHER; Joined IBM's (NYSE: IBM) ISV Advantage Initiative for SMB.
Mossimo, Inc.'s (Nasdaq: MOSS) 23.49% HIGHER; founder Mossimo Giannulli is proposing to acquire the outstanding publicly held shares of the Company for $4.00 per share in cash.
Travelzoo Inc (Nasdaq: TZOO) 16.57% LOWER; reported Q1 below the consensus.
Carrier Access Corporation (Nasdaq: CACS) 13.65% LOWER; warned for Q1. In addition, Susquehanna and Janney Montgomery Scott downgraded the stock.
Qiao Xing Universal Telephone, Inc. (Nasdaq: XING) 9.69% HIGHER; will sell 500,000 shares of its common stock at a price of $7.25 per share, which is higher than the current market price.
Targeted Genetics Corporation (Nasdaq: TGEN) 7.04% HIGHER; Dr. Beverly Davidson of the University of Iowa published encouraging preclinical results for a potential treatment of Huntington's Disease.
NICE Systems (Nasdaq: NICE) 7.19% HIGHER; signed a definitive agreement to acquire the assets of Dictaphone's Communications Recording Systems business for approximately $38.5 million. In addtion, CIBC World Markets upgraded the stock.
04/12/2005 10:10:10 AM
StreetInsider Alert for UGI
Apr 12, 2005 (streetinsider.com via COMTEX) --UBS upgrades UGI Corporation (NYSE: UGI) from 'neutral' to 'buy' with a $56 price target.
04/12/2005 09:45:15 AM
StreetInsider Alert for MAMA
Apr 12, 2005 (streetinsider.com via COMTEX) --UPDATE: Mamma.com Inc. (NASDAQ: MAMA) announced today that a previously disclosed informal investigation being conducted by the SEC has recently been converted to a formal investigation. The Company believes that as part of its investigation, the SEC may consider matters related to trading in the Company's securities and whether an individual and persons acting jointly or in concert with him may have had a significant influence on the Company in the past as a result of undisclosed shareholdings. Stock still halted.
04/12/2005 09:45:14 AM
StreetInsider Alert for WSSI
Apr 12, 2005 (streetinsider.com via COMTEX) --ThinkEquity Partners initiated coverage on WebSideStory Inc (Nasdaq: WSSI) with an Accumulate rating; $13.50 price target. The firm views WSSI as positioned at the intersection of BI & On-Demand, differenting it from just a web analytics company.
04/12/2005 09:40:20 AM
StreetInsider Alert for LANV
Apr 12, 2005 (streetinsider.com via COMTEX) --LanVision Systems, Inc. (Nasdaq: LANV), d\b\a Streamline Health, joined IBM's ISV Advantage Initiative for SMB. (NYSE: IBM) The IBM SMB initiative is a program designed to provide independent software vendors with technical and marketing support to help meet the specific information technology needs of small and medium business organizations. Streamline Health plans to utilize IBM's sales and support resources to expand its presence in the healthcare marketplace, with emphasis on small to medium-sized hospital organizations.
04/12/2005 09:35:21 AM
StreetInsider Alert for TIER
Apr 12, 2005 (streetinsider.com via COMTEX) --Tier Technologies, Inc. (Nasdaq: TIER) announced that it has been awarded an e-procurement system contract by the State of Mississippi Department of Information Technology Services on behalf of the Department of Finance and Administration (DFA). This award is designed as a phased implementation of a General Purchasing System with e-procurement capabilities including integration with the Mississippi Statewide Automated Accounting System (SAAS).
04/12/2005 09:30:44 AM
StreetInsider Alert for NVTL
Apr 12, 2005 (streetinsider.com via COMTEX) --Novatel Wireless, Inc. (Nasdaq: NVTL) said it will supply its Merlin U630 PC Data Cards to Vodafone Spain (NYSE: VOD), one of Southern Europe's largest wireless carriers. Novatel Wireless will provide Vodafone Spain with the country's first quad band Universal Mobile Telecommunications Service Wireless PC Card Modem, enabling its 10.9 million customers to access wireless high-speed broadband worldwide.
______
04/12/2005 09:45:14 AM
StreetInsider Alert for WSSI
Apr 12, 2005 (streetinsider.com via COMTEX) --ThinkEquity Partners initiated coverage on WebSideStory Inc (Nasdaq: WSSI) with an Accumulate rating; $13.50 price target. The firm views WSSI as positioned at the intersection of BI & On-Demand, differenting it from just a web analytics company.
04/12/2005 09:40:20 AM
StreetInsider Alert for LANV
Apr 12, 2005 (streetinsider.com via COMTEX) --LanVision Systems, Inc. (Nasdaq: LANV), d\b\a Streamline Health, joined IBM's ISV Advantage Initiative for SMB. (NYSE: IBM) The IBM SMB initiative is a program designed to provide independent software vendors with technical and marketing support to help meet the specific information technology needs of small and medium business organizations. Streamline Health plans to utilize IBM's sales and support resources to expand its presence in the healthcare marketplace, with emphasis on small to medium-sized hospital organizations.
04/12/2005 09:35:21 AM
StreetInsider Alert for TIER
Apr 12, 2005 (streetinsider.com via COMTEX) --Tier Technologies, Inc. (Nasdaq: TIER) announced that it has been awarded an e-procurement system contract by the State of Mississippi Department of Information Technology Services on behalf of the Department of Finance and Administration (DFA). This award is designed as a phased implementation of a General Purchasing System with e-procurement capabilities including integration with the Mississippi Statewide Automated Accounting System (SAAS).
04/12/2005 09:30:44 AM
StreetInsider Alert for NVTL
Apr 12, 2005 (streetinsider.com via COMTEX) --Novatel Wireless, Inc. (Nasdaq: NVTL) said it will supply its Merlin U630 PC Data Cards to Vodafone Spain (NYSE: VOD), one of Southern Europe's largest wireless carriers. Novatel Wireless will provide Vodafone Spain with the country's first quad band Universal Mobile Telecommunications Service Wireless PC Card Modem, enabling its 10.9 million customers to access wireless high-speed broadband worldwide.
~~~ Don't Trade Alone ~~~ [ ALT + BACK ARROW ] to Return
CELG XING WYNN LLL ARTX SWK AC AVII MTMD NCR BTHS CA IMCO MDT DAL CRM MI ELK OTEX EPAY SFN XGEN SANM AAPL CYTC TZOO MTSN CACS CBH ADI CACS MTLK SLNK STM CA GSF LTXX ECR CDX ECR ARNA CMOS BC INGN PMTC APPB CBI JOE CARS CSC MHS PLD ESRX AFCO ARGN HEW NOLD PII SONC TGEN MOSS BDK AMTD BRY MEG ABT WDC NTLI SNRR SHW TLWT RNOW XEC LAKE CEO SWN SALM ALXN BLL QLTI PPDI SKS PBG CUNO CHKP RYL CUZ BIOI DUK SHOP
04/12/2005 09:25:15 AM
StreetInsider Alert for CELG
Apr 12, 2005 (streetinsider.com via COMTEX) --JMP Securities upgrades Celgene Corp (Nasdaq: CELG) from 'market perform' to 'strong buy' and raised its price target from $38 to $44, after the company announced better-than-expected multiple myeloma interim data from its MM-009 and MM-010 trials, both of which will be used as a basis for its US regulatory filing (expected in 2H05).
04/12/2005 09:25:14 AM
StreetInsider Alert for XING
Apr 12, 2005 (streetinsider.com via COMTEX) --Qiao Xing Universal Telephone, Inc. (Nasdaq: XING) announced that it has obtained binding ommitments from three individual investors to purchase 500,000 shares of its common stock at a price of $7.25 per share, for gross proceeds of $3,625,000. In addition, the investors will receive 5 year warrants to purchase up to 100,000 shares of common stock at $9.86 per share. The shares and warrants are being offered under the Company's effective shelf registration statement previously filed with the Securities and Exchange Commission. The Company placed these shares directly without using a placement agent for the offering.
04/12/2005 09:20:15 AM
StreetInsider Alert for WYNN
Apr 12, 2005 (streetinsider.com via COMTEX) --Legg Mason initiates coverage on Wynn Resorts LTD (Nasdaq: WYNN) with an 'buy' rating and $80 price target.
04/12/2005 09:20:15 AM
StreetInsider Alert for LLL
Apr 12, 2005 (streetinsider.com via COMTEX) --L-3 Communications (NYSE: LLL) announced that its L-3 Communications Security & Detection Systems, Inc. subsidiary (L-3 Security & Detection Systems) has received an order from the U.S. Transportation Security Administration (TSA) for eXaminer 3DX® explosives detection systems (EDS). This latest order, valued at more than $33 million, highlights the industry's confidence in L-3's system. The eXaminer is one of only two in-line systems certified by the TSA to screen checked baggage. There are currently more than 500 L-3 EDS systems deployed throughout the world.
04/12/2005 09:20:14 AM
StreetInsider Alert for ARTX
Apr 12, 2005 (streetinsider.com via COMTEX) --Arotech Corporation (Nasdaq: ARTX) announced that its AoA (Armour of America) subsidiary, belonging to its Armor Division, has received a new order valued at over $1 million for ballistic armor kits.
04/12/2005 09:20:13 AM
StreetInsider Alert for SWK
Apr 12, 2005 (streetinsider.com via COMTEX) --The Stanley Works (NYSE: SWK) announced that Paul M. Isabella, 49, Senior Vice President - Operations, has elected to leave the company effective April 15. Mr. Isabella will join Cooper Industries Ltd. (NYSE: CBE) as Executive Vice President Cooper Connection, a $2.6 billion unit.
______
04/12/2005 09:15:20 AM
StreetInsider Alert for AC
Apr 12, 2005 (streetinsider.com via COMTEX) --Alliance Capital (NYSE: AC) said Q1 earnings are expected to be below current analyst expectations of $0.68 per Alliance Holding Unit as a result of: lower than expected investment advisory fees, primarily a function of weak capital market conditions; mark-to-market losses on investments related to employee compensation plans; substantially higher than expected legal fees.
04/12/2005 09:15:19 AM
StreetInsider Alert for AVII
Apr 12, 2005 (streetinsider.com via COMTEX) --AVI BioPharma, Inc. (Nasdaq: AVII) announced the release of extensive data in five presentations on its NEUGENE antisense approach to developing antiviral therapeutics. The presentations will be given at the 18th International Conference on Antiviral Research, in Barcelona, Spain, being held April 10-14.
04/12/2005 09:15:19 AM
StreetInsider Alert for MTMD
Apr 12, 2005 (streetinsider.com via COMTEX) --Microtek Medical Holdings, Inc. (Nasdaq: MTMD) expects to report net revenues for the quarter ended March 31, 2005 of approximately $34 million, versus the consensus of $33 million. The anticipated net revenues for the first quarter of 2005 represent an increase of approximately $4.5 million, or 15 percent, over the first quarter of 2004.
04/12/2005 09:15:18 AM
StreetInsider Alert for NCR
Apr 12, 2005 (streetinsider.com via COMTEX) --Teradata, a division of NCR Corporation (NYSE: NCR) announced that Charles Schwab & Co., Inc., the brokerage subsidiary of The Charles Schwab Corporation (NYSE: SCH) has selected Teradata data warehousing technology to support the firm's reporting and analytical needs.
______
04/12/2005 09:10:22 AM
StreetInsider Alert for BTHS
Apr 12, 2005 (streetinsider.com via COMTEX) --Benthos, Inc. (NASDAQ: BTHS) has announced that Canada Border Services Agency (formerly Canada Customs and Revenue Agency) has accepted shipment of an additional five Stingray remotely operated vehicle (ROV) systems that were ordered in February of this year. This follows rigorous acceptance testing that was conducted by Canada Border Services Agency in March. These five additional Stingray systems will be added to the fleet of five Stingray systems that were deployed by Canada Border Services Agency throughout Canada in March 2004.
04/12/2005 09:10:21 AM
StreetInsider Alert for CA
Apr 12, 2005 (streetinsider.com via COMTEX) --Computer Associates International, Inc. (NYSE: CA) expects revenue for the fourth quarter to meet previous guidance of $900 million to $920 million; Expects non-GAAP operating earnings for the fourth quarter to meet previous guidance of $0.19 to $0.20 per share; and made a decision to repatriate approximately $500 million of cash under the American Jobs Creation Act of 2004 which will result in a $35 million or $0.06 per share tax charge for the quarter. Because of this, the Company now expects GAAP earnings (net income) per share in the range of $0.01 to $0.02, compared to previous guidance in the range of $0.07 to $0.08.
04/12/2005 09:10:21 AM
StreetInsider Alert for IMCO
Apr 12, 2005 (streetinsider.com via COMTEX) --IMPCO Technologies Inc. (Nasdaq: IMCO) announced that Nickolai A. Gerde, the company's Chief Financial Officer and Treasurer, had resigned effective April 7, 2005 to pursue other opportunities. The company has commenced a search for Mr. Gerde's replacement, but is pleased to announce that Richard T. Fogarty, the company's Corporate Controller, will assume the role of interim principal financial officer.
04/12/2005 09:10:20 AM
StreetInsider Alert for MDT
Apr 12, 2005 (streetinsider.com via COMTEX) --Medtronic, Inc. (NYSE: MDT) announced that its Restore Rechargeable Neurostimulation System is now available, following approval granted by the United States Food and Drug Administration (FDA). The Restore System offers the most powerful and longest-lasting rechargeable battery available. It is a new treatment option for people suffering from complex, difficult-to-treat chronic pain, and those requiring high-power stimulation for pain relief.
______
04/12/2005 09:05:18 AM
StreetInsider Alert for DAL
Apr 12, 2005 (streetinsider.com via COMTEX) --Fulcrum Global Partners downgraded Delta Air Lines Inc (NYSE: DAL) from Buy to Neutral; target price decreased from $13.00 to $4.00. The firm sees a higher risk of bankruptcy due to: higher fuel costs, further cash needs, weak domestic revenue environment, and low international exposure.
______
04/12/2005 09:00:24 AM
StreetInsider Alert for CRM
Apr 12, 2005 (streetinsider.com via COMTEX) --Salesforce.com (NYSE: CRM) announced that Nelnet (NYSE: NNI) is personalizing Supportforce, the on-demand customer support solution from salesforce.com, with salesforce.com's tool for rapid and easy customization, Customforce.
______
04/12/2005 08:50:17 AM
StreetInsider Alert for MI
Apr 12, 2005 (streetinsider.com via COMTEX) --Marshall & Ilsley Corp (NYSE: MI) reports Q1 earnings of $0.73 per share, 2 cents better than the consensus.
04/12/2005 08:50:16 AM
StreetInsider Alert for ELK
Apr 12, 2005 (streetinsider.com via COMTEX) --Southwest Securities downgraded ElkCorp (NYSE: ELK) from Strong Buy to Long-Term Buy. The firm lowered their outlook on ELK as they see near-term upside limited due to their anticipation of dampening shingle demand by the end of 2005.
04/12/2005 08:50:16 AM
StreetInsider Alert for OTEX
Apr 12, 2005 (streetinsider.com via COMTEX) --ThinkEquity Partners downgraded Open Text Corporation (Nasdaq: OTEX) from Accumulate to Sourse of Funds. The firm believes execution issues will persist into 2006, therefore lowering their 2005 EPS estimate to 99c from $1.20 and 2006 estimates to $1.03/$475M from $1.24/$488M.
04/12/2005 08:50:14 AM
StreetInsider Alert for EPAY
Apr 12, 2005 (streetinsider.com via COMTEX) --Bottomline Technologies (NASDAQ: EPAY) announced that the British Pipeline Agency Ltd. has selected Bottomline's BACSTEL-IP electronic payments service, WINBACS-IP. Bottomline's BACSTEL-IP solutions are used by more than 3,000 organizations in support of industry-wide compliance efforts prior to the December 31, 2005 BACS migration deadline.
04/12/2005 08:50:13 AM
StreetInsider Alert for SFN
Apr 12, 2005 (streetinsider.com via COMTEX) --Spherion Corporation (NYSE: SFN) said revenues for the first quarter will be slightly below its original revenue guidance of $510 to $530 million. Management's original guidance for earnings from continuing operations of $0.03 to $0.07 per share, adjusted for the restructuring costs of $0.02 per share announced today, is $0.01 to $0.05 per share. Based on lower revenue trends and severance costs, management anticipates results will be at the low end of the adjusted range. (consensus is $524.58M and $0.05).
The company also said it will reduce costs in reaction to a customer loss.
______
04/12/2005 08:45:13 AM
StreetInsider Alert for XGEN
Apr 12, 2005 (streetinsider.com via COMTEX) --Xenogen Corporation (Nasdaq: XGEN) announced a partnership with MIR Preclinical Services (MIR), a contract research organization, for the purchase and sublicense of Xenogen's biophotonic imaging, or real-time in vivo imaging, technologies. MIR is now authorized to use Xenogen's proprietary technology to conduct pre- clinical research for pharmaceutical and biotech companies, across a variety of therapeutic areas excluding infectious diseases.
04/12/2005 08:45:13 AM
StreetInsider Alert for SANM
Apr 12, 2005 (streetinsider.com via COMTEX) --Sanmina-SCI Corporation (Nasdaq: SANM) and Bell Microproducts (Nasdaq: BELM) announced an affordable and easy-to-use Entry Network Attached Storage (NAS) box that simplifies storage management for small businesses, homes and media centers. Sanmina-SCI has designed the NAS product incorporating the Intel 80219 processor based on Intel XScale® technology and Intel® 31244 4-port SATA controller. The entry NAS box will be available through Bell Microproducts, the preferred North America and Europe distributor.
04/12/2005 08:45:12 AM
StreetInsider Alert for AAPL
Apr 12, 2005 (streetinsider.com via COMTEX) --Apple (Nasdaq: AAPL) announced that Mac OS X Server version 10.4 "Tiger" will be available on Friday, April 29, at the same time as the Mac OS X version 10.4 "Tiger" desktop version. The next major release of Apple's award-winning, UNIX-based server operating system, Tiger Server integrates over 100 leading open source projects and standards-based software applications with easy-to-use management tools that make it easy to deploy for Mac®, Windows and Linux clients. Tiger Server has over 200 new features including native support for 64-bit applications, ideal for high performance computing; iChat Server to deploy secure instant messaging within an organization; Weblog Server that makes it simple to publish and share weblogs (blogs); and Xgrid(TM) to make it easy to turn a group of Macs into a virtual supercomputer.
______
04/12/2005 08:40:12 AM
StreetInsider Alert for CYTC
Apr 12, 2005 (streetinsider.com via COMTEX) --Cytyc Corporation (Nasdaq: CYTC) announced it has placed the first ThinPrep Imaging System in the United Kingdom (U.K.) at The Doctors Laboratory (TDL) in London. TDL is the largest clinical pathology service in the independent healthcare sector in the U.K. The TDL contract with Cytyc U.K. Ltd. is for a term of five years, and represents a potential of approximately 200,000 Imaged ThinPrep® Pap Tests during that period.
04/12/2005 08:40:12 AM
StreetInsider Alert for TZOO
Apr 12, 2005 (streetinsider.com via COMTEX) --Travelzoo Inc (Nasdaq: TZOO) reports Q1 earnings of $0.10 per share and revenue of $11.2 million versus the consensus of $0.14 and $12.51M. Earnings may not be comparable due to charge.
04/12/2005 08:40:11 AM
StreetInsider Alert for MTSN
Apr 12, 2005 (streetinsider.com via COMTEX) --Mattson Technology, Inc. (Nasdaq: MTSN) announced the shipment of an enhanced version of its Aspen III Highlands system to SEMATECH in Austin, TX. The 300 mm system is being installed at ATDF, SEMATECH's R&D wafer fab, which also supports external customers. Mattson's strip system will be used by SEMATECH's Interconnect Division to develop advanced interconnect structures for 45 nanometer (nm) and below chip generations targeted for Keff of 2.5 and lower. Mattson and SEMATECH will work together to develop and optimize low sidewall damage ash processes for the integration of copper with porous ultra-low dielectric constant (ULK) materials.
04/12/2005 08:40:11 AM
StreetInsider Alert for CACS
Apr 12, 2005 (streetinsider.com via COMTEX) --Janney Montgomery Scott downgraded Carrier Access Corporation (Nasdaq: CACS) from Buy to Neutral. The firm based their downgrade on CACS' disappointing 1Q revenue outlook.
04/12/2005 08:35:18 AM
StreetInsider Alert for CBH
Apr 12, 2005 (streetinsider.com via COMTEX) --Stanford Group initiated coverage on Commerce Bancorp, Incorporated (NYSE: CBH) with a Hold rating; $34.00 price target. The firm believes the shares are fully valued at current levels.
04/12/2005 08:35:17 AM
StreetInsider Alert for ADI
Apr 12, 2005 (streetinsider.com via COMTEX) --Robert W. Baird initiated coverage on Analog Devices Inc (NYSE: ADI) with an Outperform rating; $46.00 price target. The firm notes that normalization of inventories in the channel, an expected rebound in sequential rev growth this qtr, and a decline in internal inventories suggest that ADI is past a trough and the stock has limited downside.
04/12/2005 08:35:17 AM
StreetInsider Alert for CACS
Apr 12, 2005 (streetinsider.com via COMTEX) --Susquehanna downgraded Carrier Access Corporation (Nasdaq: CACS) from Net Positive to Net Neutral. The firm based their downgrade on CACS' Q1 pre-announcement.
______
04/12/2005 08:30:29 AM
StreetInsider Alert for MTLK
Apr 12, 2005 (streetinsider.com via COMTEX) --Needham downgraded Metalink Ltd. (Nasdaq: MTLK) from Buy to Hold.
04/12/2005 08:30:28 AM
StreetInsider Alert for SLNK
Apr 12, 2005 (streetinsider.com via COMTEX) --Kaufman Brothers downgraded SpectraLink Corporation (Nasdaq: SLNK) from Buy to Hold; $13.00 price target. The firm based their downgrade on lowered expectations and concerns about the overall enterprise spending environment
04/12/2005 08:30:18 AM
StreetInsider Alert for STM
Apr 12, 2005 (streetinsider.com via COMTEX) --Robert W. Baird upgraded STMicroelectronics NV (NYSE: STM) from Neutral to Outperform; target price increased from $18.00 to $21.00. The firm based their upgrade on strong reception for STM's 90nm technology at customers leading to multiple design wins, as well as attractive valuation following the recent pullback.
______
04/12/2005 08:25:18 AM
StreetInsider Alert for CA
Apr 12, 2005 (streetinsider.com via COMTEX) --Deutsche Bank initiated coverage on Computer Associates International Inc (NYSE: CA) with a Hold rating; $29.00 price target. According to the firm, CA is in the early stages of a turnaround story and will likely benefit from positive fundamentals, but they are hesitant on the timing for cash flow improvement.
04/12/2005 08:25:17 AM
StreetInsider Alert for GSF
Apr 12, 2005 (streetinsider.com via COMTEX) --GlobalSantaFe Corp. (NYSE: GSF) intends to issue in a public offering approximately $1.2 billion of its ordinary shares to the public under the company's existing shelf registration statements. The ordinary shares are expected to be priced on April 14. The closing of the offering is expected on April 20.
04/12/2005 08:25:17 AM
StreetInsider Alert for LTXX
Apr 12, 2005 (streetinsider.com via COMTEX) --Deutsche Bank initiated coverage on LTX Corporation (Nasdaq: LTXX) with a Hold rating. The firm based their Hold rating on valuation, as LTXX is a small supplier in a very competitive area. They would become more aggressive with the improvement of industry fundamentals.
04/12/2005 08:20:18 AM
StreetInsider Alert for ECR
Apr 12, 2005 (streetinsider.com via COMTEX) --JMP Securities initiated coverage on ECC Capital Corporation (NYSE: ECR) with a Market Perform rating; $8.00 price target.
______
04/12/2005 08:20:18 AM
StreetInsider Alert for CDX
Apr 12, 2005 (streetinsider.com via COMTEX) --RBC Capital Markets downgraded Catellus Development Corporation REIT (NYSE: CDX) from Outperform to Sector Perform. The firm thinks the general willingness among competitors to accept low risk-adjusted development yields, and to focus on volume rather than absolute yield has created a hyper-competitive bidding process for development opportunities.
04/12/2005 08:20:18 AM
StreetInsider Alert for ECR
Apr 12, 2005 (streetinsider.com via COMTEX) --JMP Securities initiated coverage on ECC Capital Corporation (NYSE: ECR) with a Market Perform rating; $8.00 price target.
04/12/2005 08:20:17 AM
StreetInsider Alert for ARNA
Apr 12, 2005 (streetinsider.com via COMTEX) --Needham initiated coverage on Arena Pharmaceuticals, Inc. (Nasdaq: ARNA) with 'buy' rating and $8 price target.
04/12/2005 08:20:16 AM
StreetInsider Alert for CMOS
Apr 12, 2005 (streetinsider.com via COMTEX) --Deutsche Bank initiated coverage on Credence Systems Corporation (Nasdaq: CMOS) with a Hold rating; $9.00 price target. The firm assigned their Hold rating as they believe that the dilution from the NPTest acquisition will weigh on their outlook for CMOS.
______
04/12/2005 08:15:19 AM
StreetInsider Alert for BC
Apr 12, 2005 (streetinsider.com via COMTEX) --Salomon Smith Barney downgraded Brunswick Corporation (NYSE: BC) from Buy to Hold. The firm sees risk to near term eps as a result of dealer checks that indicate high fuel prices that are beginning to impact consumer demand and rising materials costs
04/12/2005 08:15:19 AM
StreetInsider Alert for INGN
Apr 12, 2005 (streetinsider.com via COMTEX) --Rodman & Renshaw downgraded Introgen Therapeutics Inc (Nasdaq: INGN) from Market Perform to Market Underperform. The firm thinks that with pending filings of Taxotere and Erbitux for locally advanced SCCHN, SCCHN may no longer be regarded as a critically unmet medical need. They remain doubtful that INGN's accelerated approval request to the FDA can be granted.
04/12/2005 08:15:18 AM
StreetInsider Alert for PMTC
Apr 12, 2005 (streetinsider.com via COMTEX) --PTC (Nasdaq: PMTC) announced that Lockheed Martin's (NYSE: LMT) Engineering Process Improvement Center Mechanical Subcouncil has selected Pro/ENGINEER as its preferred Mechanical Computer Aided Design software. Pro/ENGINEER is a 3D product design solution that helps companies develop detailed, intuitive, and realistic digital product representations.
04/12/2005 08:15:17 AM
StreetInsider Alert for APPB
Apr 12, 2005 (streetinsider.com via COMTEX) --Applebee's International, Inc. (Nasdaq: APPB) announced that it has reached an agreement with The Ozark Apples, Inc., an existing Applebee's franchisee, to acquire the assets of 12 Applebee's restaurants. The 12 restaurants, one of which is currently under development and expected to open in June, are located in Missouri, Kansas and Arkansas.
04/12/2005 08:15:17 AM
StreetInsider Alert for CBI
Apr 12, 2005 (streetinsider.com via COMTEX) --CB&I (NYSE: CBI) has been awarded a lump-sum turnkey contract valued at approximately US$100 million for the design and construction of storage tanks at a new liquefied natural gas import terminal in Fujian Province, Peoples Republic of China. The facility will be owned and operated by CNOOC Fujian LNG Co. Ltd., a co-investment of China National Offshore Oil Corporation and Fujian Investment and Development Corporation.
04/12/2005 08:10:17 AM
StreetInsider Alert for JOE
Apr 12, 2005 (streetinsider.com via COMTEX) --Ryan Beck initiated coverage on Saint Joe Company (NYSE: JOE) with an Outperform rating; $81.00 price target.
04/12/2005 08:10:17 AM
StreetInsider Alert for CARS
Apr 12, 2005 (streetinsider.com via COMTEX) --Capital Automotive REIT (Nasdaq: CARS) raised its quarterly dividend of $0.4380 per common share of beneficial interest for the first quarter ending March 31, 2005. The dividend is payable on May 20, 2005 to shareholders of record as of May 10, 2005.
04/12/2005 08:10:16 AM
StreetInsider Alert for CSC
Apr 12, 2005 (streetinsider.com via COMTEX) --Wachovia Securities initiated coverage on Computer Sciences Corporation (NYSE: CSC) with an Outperform rating. The firm sees CSC as having a large market opportunity for IT and business process outsourcing, contract award momentum, model stability from its government business, improving cash flow generation, and attractive valuation.
04/12/2005 08:10:15 AM
StreetInsider Alert for MHS
Apr 12, 2005 (streetinsider.com via COMTEX) --UBS Securities initiated coverage on Medco Health Solutions Inc (NYSE: MHS) with a Buy rating; $67.00 price target. The firm is expecting MHS to benefit from the shift to mail from retail, generic introductions, and the focus on developing their specialty business with Accredo, their recent acquisition.
04/12/2005 08:05:18 AM
StreetInsider Alert for PLD
Apr 12, 2005 (streetinsider.com via COMTEX) --RBC Capital Markets downgraded Prologis (NYSE: PLD) from Outperform to Sector Perform. The firm downgrade the stock believing several factors will cause its shares to perform in-line with the broader R.E.I.T. sector, including full current valuation, focus on lower multiple fee income and increased competition for development opportunities.
04/12/2005 08:05:07 AM
StreetInsider Alert for ESRX
Apr 12, 2005 (streetinsider.com via COMTEX) --UBS Securities initiated coverage on Express Scripts Inc (Nasdaq: ESRX) with a Neutral rating; $95.00 price target. The firm notes that ESRX's exposure to mail is smaller than its peers.
04/12/2005 08:05:07 AM
StreetInsider Alert for AFCO
Apr 12, 2005 (streetinsider.com via COMTEX) --Adams Harkness assumed coverage on Applied Films Corporation (Nasdaq: AFCO) with a Buy rating; $28.00 price target. The firm is assuming coverage on the stock believing that AFCO will benefit from increased bookings in 2H05.
04/12/2005 08:01:36 AM
StreetInsider Alert for ARGN
Apr 12, 2005 (streetinsider.com via COMTEX) --Amerigon Incorporated (Nasdaq: ARGN) said its proprietary Climate Control Seat system has been selected to be offered as an option on Lincoln's newest luxury sedan, the Lincoln Zephyr, scheduled to be in showrooms this fall.
04/12/2005 08:01:32 AM
StreetInsider Alert for HEW
Apr 12, 2005 (streetinsider.com via COMTEX) --Hewitt Associates (NYSE: HEW) said it will provide comprehensive HR business process outsourcing services to PepsiCo (NYSE: PEP). Financial terms of the deal were not disclosed.
04/12/2005 08:01:31 AM
StreetInsider Alert for NOLD
Apr 12, 2005 (streetinsider.com via COMTEX) --Noland Company (Nasdaq: NOLD) signed an agreement of merger with WinWholesale, a national wholesale distributor. Under the terms of the agreement, which was unanimously approved by a special committee of Noland's board of directors as well as by both companies' boards, WinWholesale will pay $74 in cash for each Noland Company share and assume Noland's outstanding debt at closing.
______
04/12/2005 08:01:27 AM
StreetInsider Alert for PII
Apr 12, 2005 (streetinsider.com via COMTEX) --Polaris Industries Inc. (NYSE: PII) announced the appointment of Bennett Morgan as president and chief operating officer, effective immediately.
04/12/2005 08:01:27 AM
StreetInsider Alert for SONC
Apr 12, 2005 (streetinsider.com via COMTEX) --Sonic Corp. (Nasdaq: SONC) announced that its Board of Directors increased the company's stock repurchase authorization from $60 million to a total of $150 million and has extended its term to August 31, 2006.
04/12/2005 08:01:26 AM
StreetInsider Alert for TGEN
Apr 12, 2005 (streetinsider.com via COMTEX) --Targeted Genetics Corporation (Nasdaq: TGEN) said Dr. Beverly Davidson of the University of Iowa published encouraging preclinical results for a potential treatment of Huntington's Disease. Dr. Davidson is an academic collaborator of Sirna Therapeutics (Nasdaq: RNAI), Targeted Genetics' partner for the development of novel therapies for the treatment of HD. The results of the independent preclinical study demonstrate that RNA interference therapy may have a beneficial impact on the symptoms and progression of HD. The study appeared April 5 in the Online Early Edition of Proceedings of the National Academy of Sciences and will be published in the April 19th issue of PNAS.
04/12/2005 08:01:25 AM
StreetInsider Alert for MOSS
Apr 12, 2005 (streetinsider.com via COMTEX) --Mossimo, Inc.'s (Nasdaq: MOSS) founder Mossimo Giannulli today announced that he is proposing to acquire the outstanding publicly held shares of the Company for $4.00 per share in cash.
04/12/2005 08:01:15 AM
StreetInsider Alert for BDK
Apr 12, 2005 (streetinsider.com via COMTEX) --The Black & Decker Corporation (NYSE: BDK) raises Q1 guidance; sees Q1 EPS of $1.33-to-$1.35, excluding the favorable impact of an insurance settlement. This represents an increase from previous guidance of $1.05-to-$1.10 and the consensus of $1.07. The Corporation expects that the increase in earnings guidance for the first quarter will increase full-year results by a similar amount, and is comfortable with securities analysts' mean EPS estimate of $1.67 for the second quarter.
04/12/2005 08:01:14 AM
StreetInsider Alert for AMTD
Apr 12, 2005 (streetinsider.com via COMTEX) --AmeriTrade (Nasdaq: AMTD) reports Q2 earnings of $0.17 per share, 1 cent better than estimates. Q2 revenues were $232.5 million, higher than analysts estimates of $231.63 million. AMTD reaffirms full-year earnings outlook.
04/12/2005 08:01:06 AM
StreetInsider Alert for BRY
Apr 12, 2005 (streetinsider.com via COMTEX) --Raymond James upgrades Berry Petroleum (NYSE: BRY) from Market Perform to Outperform on valuation.
04/12/2005 08:01:05 AM
StreetInsider Alert for MEG
Apr 12, 2005 (streetinsider.com via COMTEX) --Media General (NYSE: MEG) reports Q1 earnings of $0.39 per share, in-line with estimates. Q1 revenues were $217.9 million, higher than analysts estimates of $216.15 million.
04/12/2005 08:01:04 AM
StreetInsider Alert for ABT
Apr 12, 2005 (streetinsider.com via COMTEX) --Abbott Laboratories (NYSE: ABT) reports Q1 earnings of $0.58 per share, in-line with estimates. Revenues came in at $5.383 billion versus the consensus of $5.28 billion. Sees Q2 EPS of $0.56-$0.58 versus the consensus of $0.58. Sees FY EPS of $2.47-$2.53 versus the consensus of $2.49.
04/12/2005 08:01:03 AM
StreetInsider Alert for WDC
Apr 12, 2005 (streetinsider.com via COMTEX) --J.P. Morgan downgrades Western Digital (NYSE: WDC) from Neutral to Underweight after recent run in stock price.
04/12/2005 08:01:03 AM
StreetInsider Alert for NTLI
Apr 12, 2005 (streetinsider.com via COMTEX) --Morgan Stanley downgrades NTL Inc (Nasdaq: NTLI) from Overweight to Equalweight on concerns over recent decline in carrier business-Price target $75.
04/12/2005 08:01:02 AM
StreetInsider Alert for SNRR
Apr 12, 2005 (streetinsider.com via COMTEX) --Jefferies initiates coverage on Sunterra Corporation (Nasdaq: SNRR) with a 'buy' rating and $21 price target.
04/12/2005 08:00:56 AM
StreetInsider Alert for SHW
Apr 12, 2005 (streetinsider.com via COMTEX) --J.P. Morgan upgrades Sherwin-Williams (NYSE: SHW) from Neutral to Overweight on positive growth outlook for 2005.
04/12/2005 08:00:56 AM
StreetInsider Alert for TLWT
Apr 12, 2005 (streetinsider.com via COMTEX) --Morgan Stanley upgrades Telewest Global (Nasdaq: TLWT) from Equalweight to Overweight on attractive risk/reward outlook.
04/12/2005 08:00:55 AM
StreetInsider Alert for RNOW
Apr 12, 2005 (streetinsider.com via COMTEX) --Baird initiates coverage on Rightnow Tech (Nasdaq: RNOW) with an 'outperform' rating and $15 price target.
______
04/12/2005 08:00:51 AM
StreetInsider Alert for XEC
Apr 12, 2005 (streetinsider.com via COMTEX) --RBC Capital Markets upgrades Cimarex Energy (NYSE: XEC) from Underperform to Sector Perform on valuation.
04/12/2005 08:00:49 AM
StreetInsider Alert for LAKE
Apr 12, 2005 (streetinsider.com via COMTEX) --Friedman Billings downgrades Lakeland Industries (Nasdaq: LAKE) from Outperform to Market Perform-Price target $19.
04/12/2005 08:00:48 AM
StreetInsider Alert for CEO
Apr 12, 2005 (streetinsider.com via COMTEX) --CNOOC Limited (NYSE: CEO) said through its wholly owned subsidiary CNOOC Belgium BVBA, it has signed an agreement with a Canada based company, MEG Energy Corp. to acquire a 16.69% stake in MEG. The Company paid 150 million Canadian dollars for the stake.
04/12/2005 08:00:47 AM
StreetInsider Alert for SWN
Apr 12, 2005 (streetinsider.com via COMTEX) --RBC Capital Markets upgrades Southwestern Energy (NYSE: SWN) from Underperform to Sector Perform on positive outlook.
04/12/2005 08:00:46 AM
StreetInsider Alert for SALM
Apr 12, 2005 (streetinsider.com via COMTEX) --Stanford Capital upgrades Salem Communications (Nasdaq: SALM) from Sell to Buy on positive outlook from religious radio.
04/12/2005 08:00:45 AM
StreetInsider Alert for ALXN
Apr 12, 2005 (streetinsider.com via COMTEX) --Alexion Pharmaceuticals (Nasdaq: ALXN) announced that it has completed enrollment of the pivotal Phase III TRIUMPH efficacy trial of eculizumab in patients with the chronic orphan blood disorder Paroxysmal Nocturnal Hemoglobinuria.
04/12/2005 08:00:44 AM
StreetInsider Alert for BLL
Apr 12, 2005 (streetinsider.com via COMTEX) --Credit Suisse FB upgrades Ball Corp (NYSE: BLL) from Underperform to Neutral on valuation.
04/12/2005 08:00:44 AM
StreetInsider Alert for QLTI
Apr 12, 2005 (streetinsider.com via COMTEX) --QLT Inc. (Nasdaq: QLTI) announced that Michael J. Doty will step down as Senior Vice President Finance and Chief Financial Officer, effective April 15, 2005.
04/12/2005 08:00:44 AM
StreetInsider Alert for PPDI
Apr 12, 2005 (streetinsider.com via COMTEX) --Jefferies & Co downgrades PPD Inc. (Nasdaq: PPDI) from Buy to Hold on valuation-Price target $50.
04/12/2005 08:00:43 AM
StreetInsider Alert for SKS
Apr 12, 2005 (streetinsider.com via COMTEX) --Credit Suisse FB downgrades Saks Inc (NYSE: SKS) from Neutral to Underperform, saying shares could be worth up to $22 in a takeover.
04/12/2005 08:00:42 AM
StreetInsider Alert for PBG
Apr 12, 2005 (streetinsider.com via COMTEX) --Pepsi Bottling (NYSE: PBG) reports Q1 earnings of $0.15 per share, 3 cents better than estimates. Q1 revenues were $2.15 billion, higher than analysts estiamtes of $2.12 billion. PBG sees full-year 2005 earnings between $1.78-1.84, in-line with estimates of $1.80.
04/12/2005 08:00:41 AM
StreetInsider Alert for CUNO
Apr 12, 2005 (streetinsider.com via COMTEX) --Merrill Lynch upgrades CUNO Inc (Nasdaq: CUNO) from Neutral to Buy on valuation-Price target $60.
04/12/2005 08:00:41 AM
StreetInsider Alert for CHKP
Apr 12, 2005 (streetinsider.com via COMTEX) --Jefferies & Co upgrades Check Point Software (Nasdaq: CHKP) from Hold to Buy on positive fundamentals-Price target $26.
04/12/2005 08:00:40 AM
StreetInsider Alert for RYL
Apr 12, 2005 (streetinsider.com via COMTEX) --The Ryland Group (NYSE: RYL) filed a $1 billion shelf offering to periodically sell debt, common stock, preferred stock, debt warrants and other securities.
04/12/2005 08:00:32 AM
StreetInsider Alert for CUZ
Apr 12, 2005 (streetinsider.com via COMTEX) --Wachovia Securities reiterates Outperform and adds Cousins Properties (NYSE: CUZ) to the Focus List.
______*Refresh Your Browser, More To Come *
04/12/2005 08:00:21 AM
StreetInsider Alert for BIOI
Apr 12, 2005 (streetinsider.com via COMTEX) --BioSource Int'l (Nasdaq: BIOI) announced that its Board of Directors voted unanimously to reject an unsolicited proposal from Bio-Rad Laboratories, Inc. (Amex: BIO; Amex: BIOB), dated April 6, 2005, to acquire all of BioSource's outstanding shares at $8.50 per share in cash.
04/12/2005 08:00:20 AM
StreetInsider Alert for DUK
Apr 12, 2005 (streetinsider.com via COMTEX) --CIBC World Markets downgrades Duke Energy (NYSE: DUK) from Sector Outperformer to Sector Performer on valuation-Price target $29.
04/12/2005 08:00:19 AM
StreetInsider Alert for SHOP
Apr 12, 2005 (streetinsider.com via COMTEX) --Shopping.com (Nasdaq: SHOP) announced that it has been selected by the world's leading interactive service provider, America Online, to power the AOL shopping channel in France.
____________
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, info@streetinsider.com, 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.
By StreetInsider.com / Briefing.com, Investing-News.Com
Apr 13, 2005, 06:23
DJ:INDU ( MOSS TZOO ) FLO CPWR CA BIIB FDRY KFT NVMI CHK ISIG (+ Briefing.com) (To Earlier Below)
04/12/2005 11:00:56 PM
Briefing.com: Hourly In Play (R) - 23:00 ET
[Briefing.com Stock Information]
Apr 12, 2005 (Briefing.com via COMTEX) --Hourly In Play (R)
Updated: 12-Apr-05 23:00 ET
18:54
Swing Trader: IBM, LTR, ALL, EBAY
Markets came under pressure during the first hour of trade and stabilized thoughout mid-day. It wasn't until the Fed minutes were released that Bond Yields dropped and a broad based rebound in the market ensued. All in all, a strong high volume turnaround across the board, less the Energy sector. Interest-rate sensitive groups (Financials, Reits, Utilities) staged the more impressive rallies on the day. The big question now is how much of a follow-through, if any, will we see?...(continued)
17:14
EASI Engineered Support wins $279 mln contract from US Army (52.91 -0.53)
Co received a contract from the U.S. Army to provide a scaleable, highly-available, integrated, open-standards Command and Control Information Technology Infrastructure for the Multi-National Forces -- Iraq, the Coalition military command providing for security in Iraq at the request of the Iraq Interim Government. The contract provides an initial funding level of $12.2 mln, with a ceiling of $279 mln over the 3-year performance period.
16:57
FARO FARO Techs preannounces Q1 revs; reaffirms Y05 outlook (25.96 +1.12)
Co today reported Q1 sales of approx $27.3 mln (Reuters consensus $26.4 mln), a 30.0% increase from approx $21.0 mln in 1Q04. Co also reported new order bookings of approx $25.1 mln during Q1, an increase of $6.0 mln, or 31.4% compared with approx $19.1 mln in the year-ago quarter. "Based on our 31% growth in new orders year-to-date, we are maintaining our sales forecast for 2005 of $121-$126 mln (Reuters consensus $122 mln)," said Simon Raab, CEO. Co expects to issue its complete earnings release for Q1 on May 9, 2005.
16:54
FARO Techs preannounces Q1 revs of $27.3 mln, vs consensus of $26.38 mln
04/12/2005 04:47:51 PM
StreetInsider Alert for DJ:INDU
Apr 12, 2005 (streetinsider.com via COMTEX) --The Dow finished 59.41 points higher to close at 10,507, the Nasdaq rose 13.28 points to close at 2,005 and the S&P 500 gained 6.55 points to close at 1,187.
A late-day rally was sparked by the publishing of the FOMC minutes, which calmed fears that the Fed would get more aggressive in its battle to fight inflation. Weaker oil prices also had buyers more confident.
Volume was steady with 1.97 billion shares trading on the NYSE and 1.93 billion on the Nasdaq. Advancers outpaced decliners today by a margin of 21:12 on the NYSE and by a margin of 17:14 on the Nasdaq.
In individual stories, Mossimo, Inc.'s (Nasdaq: MOSS) closed 24.70% higher after founder Mossimo Giannulli proposed to acquire the outstanding publicly held shares of the Company for $4.00 per share in cash. On the downside, Travelzoo Inc (Nasdaq: TZOO) closed 19.40% lower after reporting Q1 below the consensus.
Tomorrow traders will be watching for data from Retail Sales and Retail Sales ex-auto. Both are due to hit the wires at 8:30 A.M.
04/12/2005 04:47:09 PM
StreetInsider Alert for FLO
Apr 12, 2005 (streetinsider.com via COMTEX) --Flowers Foods (NYSE: FLO) announced the purchase for cash of a block of approximately 2.1 million shares of its common stock from an institutional holder at $28.95 per share, or $59.5 million. The shares were purchased in accordance with the share repurchase plan approved by the board of directors in 2002, which authorizes the company to repurchase up to 7.5 million shares of common stock. With this purchase, the company has repurchased approximately 4.9 million shares of its common stock for $134.0 million, an average of $27.43 per share. To fund the purchase announced today, the company drew upon its existing $150 million credit facility.
04/12/2005 04:25:18 PM
StreetInsider Alert for CPWR
Apr 12, 2005 (streetinsider.com via COMTEX) --Compuware Corporation (Nasdaq: CPWR) warns for Q4; sees revenue of approximately $316 million and EPS of $0.06-$0.08, versus the consensus of $351.93M and $0.13.
04/12/2005 04:25:17 PM
StreetInsider Alert for CA
Apr 12, 2005 (streetinsider.com via COMTEX) --Computer Associates (NYSE: CA) authorized the doubling of its annual cash dividend to $0.16 per share, to be paid out in quarterly installments of $0.04 per share. In addition, the Board authorized repurchasing up to $100 million in Company shares per quarter over fiscal year 2006, for an annual total of up to $400 million.
04/12/2005 04:25:15 PM
StreetInsider Alert for BIIB
Apr 12, 2005 (streetinsider.com via COMTEX) --Biogen Idec (Nasdaq: BIIB) and Elan Corp PLC (NYSE: ELN) said two-year data from the AFFIRM Phase III monotherapy trial presented today for the first time, showed that treatment with TYSBARI led to a significant reduction in disability progression, the rate of clinical relapses and brain lesions in patients with relapsing forms of multiple sclerosis.
AFFIRM met all primary and secondary endpoints, including disability progression and relapse rate. TYSABRI treatment was also associated with a low level of immunogenicity.
NOTE: TYSABRI was withdrawn in February after a patient died from a rare brain infection.
04/12/2005 04:10:20 PM
StreetInsider Alert for FDRY
Apr 12, 2005 (streetinsider.com via COMTEX) --Foundry Networks, Inc. (Nasdaq: FDRY) warns for Q1; said net revenue for the first quarter ended March 31, 2005 is expected to be approximately $84 million, compared to the Company's previous forecast of $100-$110 million. The Company also expects earnings per diluted share for the first quarter to be in the range of $0.06 to $0.07, versus the Company's previous forecast of $0.08 to $0.12.
04/12/2005 04:10:20 PM
StreetInsider Alert for KFT
Apr 12, 2005 (streetinsider.com via COMTEX) --Kraft Foods Inc. (NYSE: KFT) announced that is has agreed to sell its fruit snacks operation to the Kellogg Company, for approximately $30 million. The fruit snacks business generated net revenues of approximately $80 million in 2004.
04/12/2005 04:10:18 PM
StreetInsider Alert for NVMI
Apr 12, 2005 (streetinsider.com via COMTEX) --Nova Measuring Instruments Ltd. (NASDAQ: NVMI), the market leader in Integrated Metrology systems, today announced that revenues for the first quarter of 2005 would be around $5M, below the guidance that was provided previously. Consensus is $10.69M (once analyst)
04/12/2005 04:05:23 PM
StreetInsider Alert for CHK
Apr 12, 2005 (streetinsider.com via COMTEX) --Chesapeake Energy Corporation (NYSE: CHK) announced that it has entered into four independent agreements with private sellers of oil and natural gas assets located in South Texas, East Texas and the Permian Basin for an aggregate of $686.4 million in cash. Through these transactions, Chesapeake anticipates acquiring an internally estimated 566 billion cubic feet of natural gas equivalent (bcfe) proved, probable and possible (3P) reserves, comprised of 289 bcfe of proved reserves and 277 bcfe of probable and possible reserves. Current net production is an estimated 61 million cubic feet of natural gas equivalent (mmcfe) production per day from 405 existing wells.
04/12/2005 03:50:24 PM
StreetInsider Alert for ISIG
Apr 12, 2005 (streetinsider.com via COMTEX) --Insignia Systems (Nasdaq: ISIG) disclosed in a filing that Justin W. Shireman was appointed to serve as the Company's Vice President of Finance, Chief Financial Officer and Treasurer. Since April 2003 Mr. Shireman has been the Company's Controller.
~~~ Guidance For Trades ~~~ [ ALT + BACK ARROW ] to Return
ISIG LENSE MTLG PX DJ:INDU ( VNWI LANV MOSS GRA TZOO ATSN TGEN SALM CACS STEM BDK ) (+ Briefing.com) (To Earlier Below)
04/12/2005 03:50:24 PM
StreetInsider Alert for ISIG
Apr 12, 2005 (streetinsider.com via COMTEX) --Insignia Systems (Nasdaq: ISIG) disclosed in a filing that Justin W. Shireman was appointed to serve as the Company's Vice President of Finance, Chief Financial Officer and Treasurer. Since April 2003 Mr. Shireman has been the Company's Controller.
______
04/12/2005 03:15:15 PM
StreetInsider Alert for LENSE
Apr 12, 2005 (streetinsider.com via COMTEX) --Concord Camera Corp. (NASDAQ: LENSE) received a notice from the Nasdaq Listing Qualifications staff indicating the Company has evidenced compliance with all criteria for continued listing on the Nasdaq National Market. Effective with the opening of business on Wednesday, April 13, 2005, the Company's trading symbol will be changed from LENSE to LENS.
______
04/12/2005 03:05:04 PM
Briefing.com: Hourly In Play (R) - 15:00 ET
[Briefing.com Stock Information]
Apr 12, 2005 (Briefing.com via COMTEX) --Hourly In Play (R)
Updated: 12-Apr-05 15:00 ET
14:53
CI CIGNA challenges its early March highs near 92.23/92.74 (92.34 +2.01)
-Update- - - Technical - -
14:52
USPI United Surgical testing March/April/52-wk high at 46.74 (46.75 +0.46)
- Technical -
14:47
Sector Watch
Rate sensitive sectors continue to lead the way: Housing +1.7%, REITs +1.3%, Insurance +1.2%, Banking +1.9%.
14:47
AMGN Amgen - - 50 Day Alert (60.50 +1.17)
- - Technical - - As the stock runs higher with the general market's upward momentum, it sets up for a test of its 50-day simple moving average near 60.70.
14:44
STZ Constellation Brands moves to new high, nearing 52-wk high at 59.50 (59.35 +1.56)
- Technical -
14:33
EXC Exelon rips higher the last half-hour to test its March highs near 47.03/47.18 (47.05 +0.68)
- - Technical - -
14:29
AFC Allmerica penetrates its 2-month resistance area at 36.61/36.86 to notch a new 52-week high (37.03 +0.81)
- - Technical - -
14:28
COMPX Nasdaq Composite sprints to 200 day sma at 1992 and pauses (1988 -4.12)
-Update- Technical -
14:25
C Citigroup - - 200 Day Alert (46.16 +0.55)
- - Technical - - As the stock launches higher over the last 20-minutes, it challenges its 200-day simple moving average at 46.18.
14:22
Financial groups -Banking, Broker/Dealer- spike higher intraday as 10-yr Note yield drops
14:21
KSS Kohl's challenges its session/3-week highs near 52.18/52.24 (52.19 +0.47)
- - Technical - -
14:12
CMA Comerica - - Reversal Alert (54.55 +0.05)
- - Technical - - The stock has jumped into positive territory as it breaks out of its intraday consolidation to notch a fresh session high.
14:09
AAPL Apple Computer notches a fresh session low (42.06 +0.14)
-Update- As the stock notches a fresh session low, it brings into play yesterday's low and its 50-day simple moving average near 41.91.
14:05
Market seeing buy interest following initial downtick following Fed minutes
14:02
RRGB Red Robin Gourmet announces it receives notice of compliance from Nasdaq (52.20 -1.28)
14:00
Treasury Budget -$71.2 bln vs -$69.8 bln
13:55
MTLG Metrologic Inst receives $4.3 mln in initial funding on new contract for its Advanced Optical Systems division (21.14 -0.78)
Co announced that the Advanced Optical Systems Division of its Adaptive Optics Associates subsidiary has received a letter subcontract valued at $4.3 mln which provides initial funding, expected to last through May 31, 2005, from a proprietary customer on a new project. "We anticipate that additional funding will be awarded in the future. The period of performance for the entire contract is expected to last through the end of 2007."
04/12/2005 02:00:21 PM
StreetInsider Alert for MTLG
Apr 12, 2005 (streetinsider.com via COMTEX) --Metrologic Instruments, Inc. (NASDAQ: MTLG) announced that the Advanced Optical Systems Division of its Adaptive Optics Associates, Inc. ("AOA") subsidiary has received a letter subcontract valued at $4.3 million which provides initial funding, expected to last through May 31, 2005, from a proprietary customer on a new project. We anticipate that additional funding will be awarded in the future. The period of performance for the entire contract is expected to last through the end of 2007. Payments under the contract will be made to AOA on a cost-plus-fee basis.
04/12/2005 01:45:13 PM
StreetInsider Alert for PX
Apr 12, 2005 (streetinsider.com via COMTEX) --Praxair, Inc. (NYSE: PX) has finalized an agreement with BP whereby Praxair will supply hydrogen to BP's Whiting, Indiana, refinery over a 20-year period. Praxair will build a new hydrogen plant with a capacity of 20 million cubic feet per day in order to supply the hydrogen to BP and other customers in northern Indiana. The estimated start-up of the plant is in the third quarter of 2006.
04/12/2005 01:40:18 PM
StreetInsider Alert for DJ:INDU
Apr 12, 2005 (streetinsider.com via COMTEX) --04/12: Streetinsider.com's Unusual 11 Afternoon Movers:
VIA NET.WORKS, Inc. (Nasdaq: VNWI) 42.86% HIGHER; Claranet signed a letter of intent to buy the Company's business operations for $26.5 million to $27 million in cash.
LanVision Systems, Inc.'s (Nasdaq: LANV) 28.13% HIGHER; Streamline Health, joined IBM's (NYSE: IBM) ISV Advantage Initiative for SMB.
Mossimo, Inc.'s (Nasdaq: MOSS) 26.20% HIGHER; founder Mossimo Giannulli proposed buying the remaining outstanding shares for $4.00 per share in cash.
W.R. Grace and Co. (NYSE: GRA) 23.13% HIGHER; is seeing momentum on talk that Senator Specter will introduce asbestos bill shortly.
Travelzoo Inc (Nasdaq: TZOO) 17.65% LOWER; reported Q1 lower.
Artesyn Technologies, Inc. (Nasdaq: ATSN) 13.87% LOWER; warned for Q1.
Targeted Genetics Corporation (Nasdaq: TGEN) 12.68% HIGHER; Dr. Beverly Davidson published encouraging preclinical results for a potential treatment of Huntington's Disease.
Salem Communications (Nasdaq: SALM) 10.42% HIGHER; Stanford Capital upgraded the stock.
Carrier Access Corporation (Nasdaq: CACS) 10.41% LOWER; warned for Q1.
StemCells Inc (Nasdaq: STEM) 10.13% HIGHER; is seeing momentum after The Wall Street Journal reported that some large US companies are pursuing plans to study stem cells from early-stage human embryos.
The Black & Decker Corporation (NYSE: BDK) 8.76% HIGHER; raised Q1 guidance.
~~~ Expert Assistance ~~~ [ ALT + BACK ARROW ] to Return
STKL PETC PONR IPIX CSCO DJ:INDU ( VNWI LANV MOSS TZOO CACS XING TGEN NICE ) UGI MAMA WSSI LANV TIER NVTL WSSI LANV TIER NVTL (To Earlier Below)
04/12/2005 01:10:14 PM
StreetInsider Alert for STKL
Apr 12, 2005 (streetinsider.com via COMTEX) --SunOpta Inc. (Nasdaq: STKL) announced today that The Toronto Stock Exchange has accepted notice of its intention to purchase for cancellation, by way of a normal course issuer bid, up to 2,813,000 (or approximately 5%) of its issued and outstanding common shares, as of March 31, 2005, in the open market through the facilities of the Toronto Stock Exchange and NASDAQ. Purchases will be made in accordance with applicable rules of the TSX and requirements of the U.S. Securities and Exchange Commission and at the prevailing market price at the time of purchase. No specific number of shares to be acquired has been established. However, purchases will not exceed 2% of the outstanding common shares in any 30 day period. The issuer bid will commence on April 14, 2005 and will expire no later than April 13, 2006.
04/12/2005 12:25:11 PM
StreetInsider Alert for PETC
Apr 12, 2005 (streetinsider.com via COMTEX) --PETA and PETCO Animal Supplies, Inc. (Nasdaq: PETC) announced an agreement that will advance animal welfare across the country. PETA will end its campaign against the national pet food and supply retailer and PETCO will end the sale of large birds in its stores. Under terms of the agreement: PETCO will end the sale of large birds in the company's stores and PETA will end its boycott of PETCO and its protests at the company's stores.
04/12/2005 12:20:07 PM
StreetInsider Alert for PONR
Apr 12, 2005 (streetinsider.com via COMTEX) --Pioneer Companies, Inc. (OTCBB: PONR) announced that NASDAQ has approved Pioneer's application to list its common stock on The NASDAQ National Market. The trading symbol for the common stock will be PONR. The Company's common stock currently trades under the same symbol on the over-the-counter market. NASDAQ has advised Pioneer that trading will begin on The NASDAQ National Market at the opening of the market on Thursday, April 14, 20
04/12/2005 11:05:11 AM
StreetInsider Alert for IPIX
Apr 12, 2005 (streetinsider.com via COMTEX) --IPIX Corporation (Nasdaq: IPIX) announced that the United States Penitentiary (USP) in Terre Haute, Ind., has purchased multiple CommandView dome cameras for a pilot program evaluating IPIX's 360-degree technology with the prison's video surveillance needs. The pilot program is the first phase of the USP's initiative to upgrade its video surveillance system.
04/12/2005 10:55:17 AM
StreetInsider Alert for CSCO
Apr 12, 2005 (streetinsider.com via COMTEX) --Merrill Lynch upgrades Cisco Systems (Nasdaq: CSCO) from 'neutral' to 'buy'.
04/12/2005 10:30:16 AM
StreetInsider Alert for DJ:INDU
Apr 12, 2005 (streetinsider.com via COMTEX) --04/12: Streetinsider.com's Unusual 8 Morning Movers:
VIA NET.WORKS, Inc. (Nasdaq: VNWI) 47.62% HIGHER; Claranet, an independent and privately held European internet service provider, signed a letter of intent to buy the Company's business operations for $26.5 million to $27 million in cash.
LanVision Systems, Inc.'s (Nasdaq: LANV) 36.97% HIGHER; Joined IBM's (NYSE: IBM) ISV Advantage Initiative for SMB.
Mossimo, Inc.'s (Nasdaq: MOSS) 23.49% HIGHER; founder Mossimo Giannulli is proposing to acquire the outstanding publicly held shares of the Company for $4.00 per share in cash.
Travelzoo Inc (Nasdaq: TZOO) 16.57% LOWER; reported Q1 below the consensus.
Carrier Access Corporation (Nasdaq: CACS) 13.65% LOWER; warned for Q1. In addition, Susquehanna and Janney Montgomery Scott downgraded the stock.
Qiao Xing Universal Telephone, Inc. (Nasdaq: XING) 9.69% HIGHER; will sell 500,000 shares of its common stock at a price of $7.25 per share, which is higher than the current market price.
Targeted Genetics Corporation (Nasdaq: TGEN) 7.04% HIGHER; Dr. Beverly Davidson of the University of Iowa published encouraging preclinical results for a potential treatment of Huntington's Disease.
NICE Systems (Nasdaq: NICE) 7.19% HIGHER; signed a definitive agreement to acquire the assets of Dictaphone's Communications Recording Systems business for approximately $38.5 million. In addtion, CIBC World Markets upgraded the stock.
04/12/2005 10:10:10 AM
StreetInsider Alert for UGI
Apr 12, 2005 (streetinsider.com via COMTEX) --UBS upgrades UGI Corporation (NYSE: UGI) from 'neutral' to 'buy' with a $56 price target.
04/12/2005 09:45:15 AM
StreetInsider Alert for MAMA
Apr 12, 2005 (streetinsider.com via COMTEX) --UPDATE: Mamma.com Inc. (NASDAQ: MAMA) announced today that a previously disclosed informal investigation being conducted by the SEC has recently been converted to a formal investigation. The Company believes that as part of its investigation, the SEC may consider matters related to trading in the Company's securities and whether an individual and persons acting jointly or in concert with him may have had a significant influence on the Company in the past as a result of undisclosed shareholdings. Stock still halted.
04/12/2005 09:45:14 AM
StreetInsider Alert for WSSI
Apr 12, 2005 (streetinsider.com via COMTEX) --ThinkEquity Partners initiated coverage on WebSideStory Inc (Nasdaq: WSSI) with an Accumulate rating; $13.50 price target. The firm views WSSI as positioned at the intersection of BI & On-Demand, differenting it from just a web analytics company.
04/12/2005 09:40:20 AM
StreetInsider Alert for LANV
Apr 12, 2005 (streetinsider.com via COMTEX) --LanVision Systems, Inc. (Nasdaq: LANV), d\b\a Streamline Health, joined IBM's ISV Advantage Initiative for SMB. (NYSE: IBM) The IBM SMB initiative is a program designed to provide independent software vendors with technical and marketing support to help meet the specific information technology needs of small and medium business organizations. Streamline Health plans to utilize IBM's sales and support resources to expand its presence in the healthcare marketplace, with emphasis on small to medium-sized hospital organizations.
04/12/2005 09:35:21 AM
StreetInsider Alert for TIER
Apr 12, 2005 (streetinsider.com via COMTEX) --Tier Technologies, Inc. (Nasdaq: TIER) announced that it has been awarded an e-procurement system contract by the State of Mississippi Department of Information Technology Services on behalf of the Department of Finance and Administration (DFA). This award is designed as a phased implementation of a General Purchasing System with e-procurement capabilities including integration with the Mississippi Statewide Automated Accounting System (SAAS).
04/12/2005 09:30:44 AM
StreetInsider Alert for NVTL
Apr 12, 2005 (streetinsider.com via COMTEX) --Novatel Wireless, Inc. (Nasdaq: NVTL) said it will supply its Merlin U630 PC Data Cards to Vodafone Spain (NYSE: VOD), one of Southern Europe's largest wireless carriers. Novatel Wireless will provide Vodafone Spain with the country's first quad band Universal Mobile Telecommunications Service Wireless PC Card Modem, enabling its 10.9 million customers to access wireless high-speed broadband worldwide.
______
04/12/2005 09:45:14 AM
StreetInsider Alert for WSSI
Apr 12, 2005 (streetinsider.com via COMTEX) --ThinkEquity Partners initiated coverage on WebSideStory Inc (Nasdaq: WSSI) with an Accumulate rating; $13.50 price target. The firm views WSSI as positioned at the intersection of BI & On-Demand, differenting it from just a web analytics company.
04/12/2005 09:40:20 AM
StreetInsider Alert for LANV
Apr 12, 2005 (streetinsider.com via COMTEX) --LanVision Systems, Inc. (Nasdaq: LANV), d\b\a Streamline Health, joined IBM's ISV Advantage Initiative for SMB. (NYSE: IBM) The IBM SMB initiative is a program designed to provide independent software vendors with technical and marketing support to help meet the specific information technology needs of small and medium business organizations. Streamline Health plans to utilize IBM's sales and support resources to expand its presence in the healthcare marketplace, with emphasis on small to medium-sized hospital organizations.
04/12/2005 09:35:21 AM
StreetInsider Alert for TIER
Apr 12, 2005 (streetinsider.com via COMTEX) --Tier Technologies, Inc. (Nasdaq: TIER) announced that it has been awarded an e-procurement system contract by the State of Mississippi Department of Information Technology Services on behalf of the Department of Finance and Administration (DFA). This award is designed as a phased implementation of a General Purchasing System with e-procurement capabilities including integration with the Mississippi Statewide Automated Accounting System (SAAS).
04/12/2005 09:30:44 AM
StreetInsider Alert for NVTL
Apr 12, 2005 (streetinsider.com via COMTEX) --Novatel Wireless, Inc. (Nasdaq: NVTL) said it will supply its Merlin U630 PC Data Cards to Vodafone Spain (NYSE: VOD), one of Southern Europe's largest wireless carriers. Novatel Wireless will provide Vodafone Spain with the country's first quad band Universal Mobile Telecommunications Service Wireless PC Card Modem, enabling its 10.9 million customers to access wireless high-speed broadband worldwide.
~~~ Don't Trade Alone ~~~ [ ALT + BACK ARROW ] to Return
CELG XING WYNN LLL ARTX SWK AC AVII MTMD NCR BTHS CA IMCO MDT DAL CRM MI ELK OTEX EPAY SFN XGEN SANM AAPL CYTC TZOO MTSN CACS CBH ADI CACS MTLK SLNK STM CA GSF LTXX ECR CDX ECR ARNA CMOS BC INGN PMTC APPB CBI JOE CARS CSC MHS PLD ESRX AFCO ARGN HEW NOLD PII SONC TGEN MOSS BDK AMTD BRY MEG ABT WDC NTLI SNRR SHW TLWT RNOW XEC LAKE CEO SWN SALM ALXN BLL QLTI PPDI SKS PBG CUNO CHKP RYL CUZ BIOI DUK SHOP
04/12/2005 09:25:15 AM
StreetInsider Alert for CELG
Apr 12, 2005 (streetinsider.com via COMTEX) --JMP Securities upgrades Celgene Corp (Nasdaq: CELG) from 'market perform' to 'strong buy' and raised its price target from $38 to $44, after the company announced better-than-expected multiple myeloma interim data from its MM-009 and MM-010 trials, both of which will be used as a basis for its US regulatory filing (expected in 2H05).
04/12/2005 09:25:14 AM
StreetInsider Alert for XING
Apr 12, 2005 (streetinsider.com via COMTEX) --Qiao Xing Universal Telephone, Inc. (Nasdaq: XING) announced that it has obtained binding ommitments from three individual investors to purchase 500,000 shares of its common stock at a price of $7.25 per share, for gross proceeds of $3,625,000. In addition, the investors will receive 5 year warrants to purchase up to 100,000 shares of common stock at $9.86 per share. The shares and warrants are being offered under the Company's effective shelf registration statement previously filed with the Securities and Exchange Commission. The Company placed these shares directly without using a placement agent for the offering.
04/12/2005 09:20:15 AM
StreetInsider Alert for WYNN
Apr 12, 2005 (streetinsider.com via COMTEX) --Legg Mason initiates coverage on Wynn Resorts LTD (Nasdaq: WYNN) with an 'buy' rating and $80 price target.
04/12/2005 09:20:15 AM
StreetInsider Alert for LLL
Apr 12, 2005 (streetinsider.com via COMTEX) --L-3 Communications (NYSE: LLL) announced that its L-3 Communications Security & Detection Systems, Inc. subsidiary (L-3 Security & Detection Systems) has received an order from the U.S. Transportation Security Administration (TSA) for eXaminer 3DX® explosives detection systems (EDS). This latest order, valued at more than $33 million, highlights the industry's confidence in L-3's system. The eXaminer is one of only two in-line systems certified by the TSA to screen checked baggage. There are currently more than 500 L-3 EDS systems deployed throughout the world.
04/12/2005 09:20:14 AM
StreetInsider Alert for ARTX
Apr 12, 2005 (streetinsider.com via COMTEX) --Arotech Corporation (Nasdaq: ARTX) announced that its AoA (Armour of America) subsidiary, belonging to its Armor Division, has received a new order valued at over $1 million for ballistic armor kits.
04/12/2005 09:20:13 AM
StreetInsider Alert for SWK
Apr 12, 2005 (streetinsider.com via COMTEX) --The Stanley Works (NYSE: SWK) announced that Paul M. Isabella, 49, Senior Vice President - Operations, has elected to leave the company effective April 15. Mr. Isabella will join Cooper Industries Ltd. (NYSE: CBE) as Executive Vice President Cooper Connection, a $2.6 billion unit.
______
04/12/2005 09:15:20 AM
StreetInsider Alert for AC
Apr 12, 2005 (streetinsider.com via COMTEX) --Alliance Capital (NYSE: AC) said Q1 earnings are expected to be below current analyst expectations of $0.68 per Alliance Holding Unit as a result of: lower than expected investment advisory fees, primarily a function of weak capital market conditions; mark-to-market losses on investments related to employee compensation plans; substantially higher than expected legal fees.
04/12/2005 09:15:19 AM
StreetInsider Alert for AVII
Apr 12, 2005 (streetinsider.com via COMTEX) --AVI BioPharma, Inc. (Nasdaq: AVII) announced the release of extensive data in five presentations on its NEUGENE antisense approach to developing antiviral therapeutics. The presentations will be given at the 18th International Conference on Antiviral Research, in Barcelona, Spain, being held April 10-14.
04/12/2005 09:15:19 AM
StreetInsider Alert for MTMD
Apr 12, 2005 (streetinsider.com via COMTEX) --Microtek Medical Holdings, Inc. (Nasdaq: MTMD) expects to report net revenues for the quarter ended March 31, 2005 of approximately $34 million, versus the consensus of $33 million. The anticipated net revenues for the first quarter of 2005 represent an increase of approximately $4.5 million, or 15 percent, over the first quarter of 2004.
04/12/2005 09:15:18 AM
StreetInsider Alert for NCR
Apr 12, 2005 (streetinsider.com via COMTEX) --Teradata, a division of NCR Corporation (NYSE: NCR) announced that Charles Schwab & Co., Inc., the brokerage subsidiary of The Charles Schwab Corporation (NYSE: SCH) has selected Teradata data warehousing technology to support the firm's reporting and analytical needs.
______
04/12/2005 09:10:22 AM
StreetInsider Alert for BTHS
Apr 12, 2005 (streetinsider.com via COMTEX) --Benthos, Inc. (NASDAQ: BTHS) has announced that Canada Border Services Agency (formerly Canada Customs and Revenue Agency) has accepted shipment of an additional five Stingray remotely operated vehicle (ROV) systems that were ordered in February of this year. This follows rigorous acceptance testing that was conducted by Canada Border Services Agency in March. These five additional Stingray systems will be added to the fleet of five Stingray systems that were deployed by Canada Border Services Agency throughout Canada in March 2004.
04/12/2005 09:10:21 AM
StreetInsider Alert for CA
Apr 12, 2005 (streetinsider.com via COMTEX) --Computer Associates International, Inc. (NYSE: CA) expects revenue for the fourth quarter to meet previous guidance of $900 million to $920 million; Expects non-GAAP operating earnings for the fourth quarter to meet previous guidance of $0.19 to $0.20 per share; and made a decision to repatriate approximately $500 million of cash under the American Jobs Creation Act of 2004 which will result in a $35 million or $0.06 per share tax charge for the quarter. Because of this, the Company now expects GAAP earnings (net income) per share in the range of $0.01 to $0.02, compared to previous guidance in the range of $0.07 to $0.08.
04/12/2005 09:10:21 AM
StreetInsider Alert for IMCO
Apr 12, 2005 (streetinsider.com via COMTEX) --IMPCO Technologies Inc. (Nasdaq: IMCO) announced that Nickolai A. Gerde, the company's Chief Financial Officer and Treasurer, had resigned effective April 7, 2005 to pursue other opportunities. The company has commenced a search for Mr. Gerde's replacement, but is pleased to announce that Richard T. Fogarty, the company's Corporate Controller, will assume the role of interim principal financial officer.
04/12/2005 09:10:20 AM
StreetInsider Alert for MDT
Apr 12, 2005 (streetinsider.com via COMTEX) --Medtronic, Inc. (NYSE: MDT) announced that its Restore Rechargeable Neurostimulation System is now available, following approval granted by the United States Food and Drug Administration (FDA). The Restore System offers the most powerful and longest-lasting rechargeable battery available. It is a new treatment option for people suffering from complex, difficult-to-treat chronic pain, and those requiring high-power stimulation for pain relief.
______
04/12/2005 09:05:18 AM
StreetInsider Alert for DAL
Apr 12, 2005 (streetinsider.com via COMTEX) --Fulcrum Global Partners downgraded Delta Air Lines Inc (NYSE: DAL) from Buy to Neutral; target price decreased from $13.00 to $4.00. The firm sees a higher risk of bankruptcy due to: higher fuel costs, further cash needs, weak domestic revenue environment, and low international exposure.
______
04/12/2005 09:00:24 AM
StreetInsider Alert for CRM
Apr 12, 2005 (streetinsider.com via COMTEX) --Salesforce.com (NYSE: CRM) announced that Nelnet (NYSE: NNI) is personalizing Supportforce, the on-demand customer support solution from salesforce.com, with salesforce.com's tool for rapid and easy customization, Customforce.
______
04/12/2005 08:50:17 AM
StreetInsider Alert for MI
Apr 12, 2005 (streetinsider.com via COMTEX) --Marshall & Ilsley Corp (NYSE: MI) reports Q1 earnings of $0.73 per share, 2 cents better than the consensus.
04/12/2005 08:50:16 AM
StreetInsider Alert for ELK
Apr 12, 2005 (streetinsider.com via COMTEX) --Southwest Securities downgraded ElkCorp (NYSE: ELK) from Strong Buy to Long-Term Buy. The firm lowered their outlook on ELK as they see near-term upside limited due to their anticipation of dampening shingle demand by the end of 2005.
04/12/2005 08:50:16 AM
StreetInsider Alert for OTEX
Apr 12, 2005 (streetinsider.com via COMTEX) --ThinkEquity Partners downgraded Open Text Corporation (Nasdaq: OTEX) from Accumulate to Sourse of Funds. The firm believes execution issues will persist into 2006, therefore lowering their 2005 EPS estimate to 99c from $1.20 and 2006 estimates to $1.03/$475M from $1.24/$488M.
04/12/2005 08:50:14 AM
StreetInsider Alert for EPAY
Apr 12, 2005 (streetinsider.com via COMTEX) --Bottomline Technologies (NASDAQ: EPAY) announced that the British Pipeline Agency Ltd. has selected Bottomline's BACSTEL-IP electronic payments service, WINBACS-IP. Bottomline's BACSTEL-IP solutions are used by more than 3,000 organizations in support of industry-wide compliance efforts prior to the December 31, 2005 BACS migration deadline.
04/12/2005 08:50:13 AM
StreetInsider Alert for SFN
Apr 12, 2005 (streetinsider.com via COMTEX) --Spherion Corporation (NYSE: SFN) said revenues for the first quarter will be slightly below its original revenue guidance of $510 to $530 million. Management's original guidance for earnings from continuing operations of $0.03 to $0.07 per share, adjusted for the restructuring costs of $0.02 per share announced today, is $0.01 to $0.05 per share. Based on lower revenue trends and severance costs, management anticipates results will be at the low end of the adjusted range. (consensus is $524.58M and $0.05).
The company also said it will reduce costs in reaction to a customer loss.
______
04/12/2005 08:45:13 AM
StreetInsider Alert for XGEN
Apr 12, 2005 (streetinsider.com via COMTEX) --Xenogen Corporation (Nasdaq: XGEN) announced a partnership with MIR Preclinical Services (MIR), a contract research organization, for the purchase and sublicense of Xenogen's biophotonic imaging, or real-time in vivo imaging, technologies. MIR is now authorized to use Xenogen's proprietary technology to conduct pre- clinical research for pharmaceutical and biotech companies, across a variety of therapeutic areas excluding infectious diseases.
04/12/2005 08:45:13 AM
StreetInsider Alert for SANM
Apr 12, 2005 (streetinsider.com via COMTEX) --Sanmina-SCI Corporation (Nasdaq: SANM) and Bell Microproducts (Nasdaq: BELM) announced an affordable and easy-to-use Entry Network Attached Storage (NAS) box that simplifies storage management for small businesses, homes and media centers. Sanmina-SCI has designed the NAS product incorporating the Intel 80219 processor based on Intel XScale® technology and Intel® 31244 4-port SATA controller. The entry NAS box will be available through Bell Microproducts, the preferred North America and Europe distributor.
04/12/2005 08:45:12 AM
StreetInsider Alert for AAPL
Apr 12, 2005 (streetinsider.com via COMTEX) --Apple (Nasdaq: AAPL) announced that Mac OS X Server version 10.4 "Tiger" will be available on Friday, April 29, at the same time as the Mac OS X version 10.4 "Tiger" desktop version. The next major release of Apple's award-winning, UNIX-based server operating system, Tiger Server integrates over 100 leading open source projects and standards-based software applications with easy-to-use management tools that make it easy to deploy for Mac®, Windows and Linux clients. Tiger Server has over 200 new features including native support for 64-bit applications, ideal for high performance computing; iChat Server to deploy secure instant messaging within an organization; Weblog Server that makes it simple to publish and share weblogs (blogs); and Xgrid(TM) to make it easy to turn a group of Macs into a virtual supercomputer.
______
04/12/2005 08:40:12 AM
StreetInsider Alert for CYTC
Apr 12, 2005 (streetinsider.com via COMTEX) --Cytyc Corporation (Nasdaq: CYTC) announced it has placed the first ThinPrep Imaging System in the United Kingdom (U.K.) at The Doctors Laboratory (TDL) in London. TDL is the largest clinical pathology service in the independent healthcare sector in the U.K. The TDL contract with Cytyc U.K. Ltd. is for a term of five years, and represents a potential of approximately 200,000 Imaged ThinPrep® Pap Tests during that period.
04/12/2005 08:40:12 AM
StreetInsider Alert for TZOO
Apr 12, 2005 (streetinsider.com via COMTEX) --Travelzoo Inc (Nasdaq: TZOO) reports Q1 earnings of $0.10 per share and revenue of $11.2 million versus the consensus of $0.14 and $12.51M. Earnings may not be comparable due to charge.
04/12/2005 08:40:11 AM
StreetInsider Alert for MTSN
Apr 12, 2005 (streetinsider.com via COMTEX) --Mattson Technology, Inc. (Nasdaq: MTSN) announced the shipment of an enhanced version of its Aspen III Highlands system to SEMATECH in Austin, TX. The 300 mm system is being installed at ATDF, SEMATECH's R&D wafer fab, which also supports external customers. Mattson's strip system will be used by SEMATECH's Interconnect Division to develop advanced interconnect structures for 45 nanometer (nm) and below chip generations targeted for Keff of 2.5 and lower. Mattson and SEMATECH will work together to develop and optimize low sidewall damage ash processes for the integration of copper with porous ultra-low dielectric constant (ULK) materials.
04/12/2005 08:40:11 AM
StreetInsider Alert for CACS
Apr 12, 2005 (streetinsider.com via COMTEX) --Janney Montgomery Scott downgraded Carrier Access Corporation (Nasdaq: CACS) from Buy to Neutral. The firm based their downgrade on CACS' disappointing 1Q revenue outlook.
04/12/2005 08:35:18 AM
StreetInsider Alert for CBH
Apr 12, 2005 (streetinsider.com via COMTEX) --Stanford Group initiated coverage on Commerce Bancorp, Incorporated (NYSE: CBH) with a Hold rating; $34.00 price target. The firm believes the shares are fully valued at current levels.
04/12/2005 08:35:17 AM
StreetInsider Alert for ADI
Apr 12, 2005 (streetinsider.com via COMTEX) --Robert W. Baird initiated coverage on Analog Devices Inc (NYSE: ADI) with an Outperform rating; $46.00 price target. The firm notes that normalization of inventories in the channel, an expected rebound in sequential rev growth this qtr, and a decline in internal inventories suggest that ADI is past a trough and the stock has limited downside.
04/12/2005 08:35:17 AM
StreetInsider Alert for CACS
Apr 12, 2005 (streetinsider.com via COMTEX) --Susquehanna downgraded Carrier Access Corporation (Nasdaq: CACS) from Net Positive to Net Neutral. The firm based their downgrade on CACS' Q1 pre-announcement.
______
04/12/2005 08:30:29 AM
StreetInsider Alert for MTLK
Apr 12, 2005 (streetinsider.com via COMTEX) --Needham downgraded Metalink Ltd. (Nasdaq: MTLK) from Buy to Hold.
04/12/2005 08:30:28 AM
StreetInsider Alert for SLNK
Apr 12, 2005 (streetinsider.com via COMTEX) --Kaufman Brothers downgraded SpectraLink Corporation (Nasdaq: SLNK) from Buy to Hold; $13.00 price target. The firm based their downgrade on lowered expectations and concerns about the overall enterprise spending environment
04/12/2005 08:30:18 AM
StreetInsider Alert for STM
Apr 12, 2005 (streetinsider.com via COMTEX) --Robert W. Baird upgraded STMicroelectronics NV (NYSE: STM) from Neutral to Outperform; target price increased from $18.00 to $21.00. The firm based their upgrade on strong reception for STM's 90nm technology at customers leading to multiple design wins, as well as attractive valuation following the recent pullback.
______
04/12/2005 08:25:18 AM
StreetInsider Alert for CA
Apr 12, 2005 (streetinsider.com via COMTEX) --Deutsche Bank initiated coverage on Computer Associates International Inc (NYSE: CA) with a Hold rating; $29.00 price target. According to the firm, CA is in the early stages of a turnaround story and will likely benefit from positive fundamentals, but they are hesitant on the timing for cash flow improvement.
04/12/2005 08:25:17 AM
StreetInsider Alert for GSF
Apr 12, 2005 (streetinsider.com via COMTEX) --GlobalSantaFe Corp. (NYSE: GSF) intends to issue in a public offering approximately $1.2 billion of its ordinary shares to the public under the company's existing shelf registration statements. The ordinary shares are expected to be priced on April 14. The closing of the offering is expected on April 20.
04/12/2005 08:25:17 AM
StreetInsider Alert for LTXX
Apr 12, 2005 (streetinsider.com via COMTEX) --Deutsche Bank initiated coverage on LTX Corporation (Nasdaq: LTXX) with a Hold rating. The firm based their Hold rating on valuation, as LTXX is a small supplier in a very competitive area. They would become more aggressive with the improvement of industry fundamentals.
04/12/2005 08:20:18 AM
StreetInsider Alert for ECR
Apr 12, 2005 (streetinsider.com via COMTEX) --JMP Securities initiated coverage on ECC Capital Corporation (NYSE: ECR) with a Market Perform rating; $8.00 price target.
______
04/12/2005 08:20:18 AM
StreetInsider Alert for CDX
Apr 12, 2005 (streetinsider.com via COMTEX) --RBC Capital Markets downgraded Catellus Development Corporation REIT (NYSE: CDX) from Outperform to Sector Perform. The firm thinks the general willingness among competitors to accept low risk-adjusted development yields, and to focus on volume rather than absolute yield has created a hyper-competitive bidding process for development opportunities.
04/12/2005 08:20:18 AM
StreetInsider Alert for ECR
Apr 12, 2005 (streetinsider.com via COMTEX) --JMP Securities initiated coverage on ECC Capital Corporation (NYSE: ECR) with a Market Perform rating; $8.00 price target.
04/12/2005 08:20:17 AM
StreetInsider Alert for ARNA
Apr 12, 2005 (streetinsider.com via COMTEX) --Needham initiated coverage on Arena Pharmaceuticals, Inc. (Nasdaq: ARNA) with 'buy' rating and $8 price target.
04/12/2005 08:20:16 AM
StreetInsider Alert for CMOS
Apr 12, 2005 (streetinsider.com via COMTEX) --Deutsche Bank initiated coverage on Credence Systems Corporation (Nasdaq: CMOS) with a Hold rating; $9.00 price target. The firm assigned their Hold rating as they believe that the dilution from the NPTest acquisition will weigh on their outlook for CMOS.
______
04/12/2005 08:15:19 AM
StreetInsider Alert for BC
Apr 12, 2005 (streetinsider.com via COMTEX) --Salomon Smith Barney downgraded Brunswick Corporation (NYSE: BC) from Buy to Hold. The firm sees risk to near term eps as a result of dealer checks that indicate high fuel prices that are beginning to impact consumer demand and rising materials costs
04/12/2005 08:15:19 AM
StreetInsider Alert for INGN
Apr 12, 2005 (streetinsider.com via COMTEX) --Rodman & Renshaw downgraded Introgen Therapeutics Inc (Nasdaq: INGN) from Market Perform to Market Underperform. The firm thinks that with pending filings of Taxotere and Erbitux for locally advanced SCCHN, SCCHN may no longer be regarded as a critically unmet medical need. They remain doubtful that INGN's accelerated approval request to the FDA can be granted.
04/12/2005 08:15:18 AM
StreetInsider Alert for PMTC
Apr 12, 2005 (streetinsider.com via COMTEX) --PTC (Nasdaq: PMTC) announced that Lockheed Martin's (NYSE: LMT) Engineering Process Improvement Center Mechanical Subcouncil has selected Pro/ENGINEER as its preferred Mechanical Computer Aided Design software. Pro/ENGINEER is a 3D product design solution that helps companies develop detailed, intuitive, and realistic digital product representations.
04/12/2005 08:15:17 AM
StreetInsider Alert for APPB
Apr 12, 2005 (streetinsider.com via COMTEX) --Applebee's International, Inc. (Nasdaq: APPB) announced that it has reached an agreement with The Ozark Apples, Inc., an existing Applebee's franchisee, to acquire the assets of 12 Applebee's restaurants. The 12 restaurants, one of which is currently under development and expected to open in June, are located in Missouri, Kansas and Arkansas.
04/12/2005 08:15:17 AM
StreetInsider Alert for CBI
Apr 12, 2005 (streetinsider.com via COMTEX) --CB&I (NYSE: CBI) has been awarded a lump-sum turnkey contract valued at approximately US$100 million for the design and construction of storage tanks at a new liquefied natural gas import terminal in Fujian Province, Peoples Republic of China. The facility will be owned and operated by CNOOC Fujian LNG Co. Ltd., a co-investment of China National Offshore Oil Corporation and Fujian Investment and Development Corporation.
04/12/2005 08:10:17 AM
StreetInsider Alert for JOE
Apr 12, 2005 (streetinsider.com via COMTEX) --Ryan Beck initiated coverage on Saint Joe Company (NYSE: JOE) with an Outperform rating; $81.00 price target.
04/12/2005 08:10:17 AM
StreetInsider Alert for CARS
Apr 12, 2005 (streetinsider.com via COMTEX) --Capital Automotive REIT (Nasdaq: CARS) raised its quarterly dividend of $0.4380 per common share of beneficial interest for the first quarter ending March 31, 2005. The dividend is payable on May 20, 2005 to shareholders of record as of May 10, 2005.
04/12/2005 08:10:16 AM
StreetInsider Alert for CSC
Apr 12, 2005 (streetinsider.com via COMTEX) --Wachovia Securities initiated coverage on Computer Sciences Corporation (NYSE: CSC) with an Outperform rating. The firm sees CSC as having a large market opportunity for IT and business process outsourcing, contract award momentum, model stability from its government business, improving cash flow generation, and attractive valuation.
04/12/2005 08:10:15 AM
StreetInsider Alert for MHS
Apr 12, 2005 (streetinsider.com via COMTEX) --UBS Securities initiated coverage on Medco Health Solutions Inc (NYSE: MHS) with a Buy rating; $67.00 price target. The firm is expecting MHS to benefit from the shift to mail from retail, generic introductions, and the focus on developing their specialty business with Accredo, their recent acquisition.
04/12/2005 08:05:18 AM
StreetInsider Alert for PLD
Apr 12, 2005 (streetinsider.com via COMTEX) --RBC Capital Markets downgraded Prologis (NYSE: PLD) from Outperform to Sector Perform. The firm downgrade the stock believing several factors will cause its shares to perform in-line with the broader R.E.I.T. sector, including full current valuation, focus on lower multiple fee income and increased competition for development opportunities.
04/12/2005 08:05:07 AM
StreetInsider Alert for ESRX
Apr 12, 2005 (streetinsider.com via COMTEX) --UBS Securities initiated coverage on Express Scripts Inc (Nasdaq: ESRX) with a Neutral rating; $95.00 price target. The firm notes that ESRX's exposure to mail is smaller than its peers.
04/12/2005 08:05:07 AM
StreetInsider Alert for AFCO
Apr 12, 2005 (streetinsider.com via COMTEX) --Adams Harkness assumed coverage on Applied Films Corporation (Nasdaq: AFCO) with a Buy rating; $28.00 price target. The firm is assuming coverage on the stock believing that AFCO will benefit from increased bookings in 2H05.
04/12/2005 08:01:36 AM
StreetInsider Alert for ARGN
Apr 12, 2005 (streetinsider.com via COMTEX) --Amerigon Incorporated (Nasdaq: ARGN) said its proprietary Climate Control Seat system has been selected to be offered as an option on Lincoln's newest luxury sedan, the Lincoln Zephyr, scheduled to be in showrooms this fall.
04/12/2005 08:01:32 AM
StreetInsider Alert for HEW
Apr 12, 2005 (streetinsider.com via COMTEX) --Hewitt Associates (NYSE: HEW) said it will provide comprehensive HR business process outsourcing services to PepsiCo (NYSE: PEP). Financial terms of the deal were not disclosed.
04/12/2005 08:01:31 AM
StreetInsider Alert for NOLD
Apr 12, 2005 (streetinsider.com via COMTEX) --Noland Company (Nasdaq: NOLD) signed an agreement of merger with WinWholesale, a national wholesale distributor. Under the terms of the agreement, which was unanimously approved by a special committee of Noland's board of directors as well as by both companies' boards, WinWholesale will pay $74 in cash for each Noland Company share and assume Noland's outstanding debt at closing.
______
04/12/2005 08:01:27 AM
StreetInsider Alert for PII
Apr 12, 2005 (streetinsider.com via COMTEX) --Polaris Industries Inc. (NYSE: PII) announced the appointment of Bennett Morgan as president and chief operating officer, effective immediately.
04/12/2005 08:01:27 AM
StreetInsider Alert for SONC
Apr 12, 2005 (streetinsider.com via COMTEX) --Sonic Corp. (Nasdaq: SONC) announced that its Board of Directors increased the company's stock repurchase authorization from $60 million to a total of $150 million and has extended its term to August 31, 2006.
04/12/2005 08:01:26 AM
StreetInsider Alert for TGEN
Apr 12, 2005 (streetinsider.com via COMTEX) --Targeted Genetics Corporation (Nasdaq: TGEN) said Dr. Beverly Davidson of the University of Iowa published encouraging preclinical results for a potential treatment of Huntington's Disease. Dr. Davidson is an academic collaborator of Sirna Therapeutics (Nasdaq: RNAI), Targeted Genetics' partner for the development of novel therapies for the treatment of HD. The results of the independent preclinical study demonstrate that RNA interference therapy may have a beneficial impact on the symptoms and progression of HD. The study appeared April 5 in the Online Early Edition of Proceedings of the National Academy of Sciences and will be published in the April 19th issue of PNAS.
04/12/2005 08:01:25 AM
StreetInsider Alert for MOSS
Apr 12, 2005 (streetinsider.com via COMTEX) --Mossimo, Inc.'s (Nasdaq: MOSS) founder Mossimo Giannulli today announced that he is proposing to acquire the outstanding publicly held shares of the Company for $4.00 per share in cash.
04/12/2005 08:01:15 AM
StreetInsider Alert for BDK
Apr 12, 2005 (streetinsider.com via COMTEX) --The Black & Decker Corporation (NYSE: BDK) raises Q1 guidance; sees Q1 EPS of $1.33-to-$1.35, excluding the favorable impact of an insurance settlement. This represents an increase from previous guidance of $1.05-to-$1.10 and the consensus of $1.07. The Corporation expects that the increase in earnings guidance for the first quarter will increase full-year results by a similar amount, and is comfortable with securities analysts' mean EPS estimate of $1.67 for the second quarter.
04/12/2005 08:01:14 AM
StreetInsider Alert for AMTD
Apr 12, 2005 (streetinsider.com via COMTEX) --AmeriTrade (Nasdaq: AMTD) reports Q2 earnings of $0.17 per share, 1 cent better than estimates. Q2 revenues were $232.5 million, higher than analysts estimates of $231.63 million. AMTD reaffirms full-year earnings outlook.
04/12/2005 08:01:06 AM
StreetInsider Alert for BRY
Apr 12, 2005 (streetinsider.com via COMTEX) --Raymond James upgrades Berry Petroleum (NYSE: BRY) from Market Perform to Outperform on valuation.
04/12/2005 08:01:05 AM
StreetInsider Alert for MEG
Apr 12, 2005 (streetinsider.com via COMTEX) --Media General (NYSE: MEG) reports Q1 earnings of $0.39 per share, in-line with estimates. Q1 revenues were $217.9 million, higher than analysts estimates of $216.15 million.
04/12/2005 08:01:04 AM
StreetInsider Alert for ABT
Apr 12, 2005 (streetinsider.com via COMTEX) --Abbott Laboratories (NYSE: ABT) reports Q1 earnings of $0.58 per share, in-line with estimates. Revenues came in at $5.383 billion versus the consensus of $5.28 billion. Sees Q2 EPS of $0.56-$0.58 versus the consensus of $0.58. Sees FY EPS of $2.47-$2.53 versus the consensus of $2.49.
04/12/2005 08:01:03 AM
StreetInsider Alert for WDC
Apr 12, 2005 (streetinsider.com via COMTEX) --J.P. Morgan downgrades Western Digital (NYSE: WDC) from Neutral to Underweight after recent run in stock price.
04/12/2005 08:01:03 AM
StreetInsider Alert for NTLI
Apr 12, 2005 (streetinsider.com via COMTEX) --Morgan Stanley downgrades NTL Inc (Nasdaq: NTLI) from Overweight to Equalweight on concerns over recent decline in carrier business-Price target $75.
04/12/2005 08:01:02 AM
StreetInsider Alert for SNRR
Apr 12, 2005 (streetinsider.com via COMTEX) --Jefferies initiates coverage on Sunterra Corporation (Nasdaq: SNRR) with a 'buy' rating and $21 price target.
04/12/2005 08:00:56 AM
StreetInsider Alert for SHW
Apr 12, 2005 (streetinsider.com via COMTEX) --J.P. Morgan upgrades Sherwin-Williams (NYSE: SHW) from Neutral to Overweight on positive growth outlook for 2005.
04/12/2005 08:00:56 AM
StreetInsider Alert for TLWT
Apr 12, 2005 (streetinsider.com via COMTEX) --Morgan Stanley upgrades Telewest Global (Nasdaq: TLWT) from Equalweight to Overweight on attractive risk/reward outlook.
04/12/2005 08:00:55 AM
StreetInsider Alert for RNOW
Apr 12, 2005 (streetinsider.com via COMTEX) --Baird initiates coverage on Rightnow Tech (Nasdaq: RNOW) with an 'outperform' rating and $15 price target.
______
04/12/2005 08:00:51 AM
StreetInsider Alert for XEC
Apr 12, 2005 (streetinsider.com via COMTEX) --RBC Capital Markets upgrades Cimarex Energy (NYSE: XEC) from Underperform to Sector Perform on valuation.
04/12/2005 08:00:49 AM
StreetInsider Alert for LAKE
Apr 12, 2005 (streetinsider.com via COMTEX) --Friedman Billings downgrades Lakeland Industries (Nasdaq: LAKE) from Outperform to Market Perform-Price target $19.
04/12/2005 08:00:48 AM
StreetInsider Alert for CEO
Apr 12, 2005 (streetinsider.com via COMTEX) --CNOOC Limited (NYSE: CEO) said through its wholly owned subsidiary CNOOC Belgium BVBA, it has signed an agreement with a Canada based company, MEG Energy Corp. to acquire a 16.69% stake in MEG. The Company paid 150 million Canadian dollars for the stake.
04/12/2005 08:00:47 AM
StreetInsider Alert for SWN
Apr 12, 2005 (streetinsider.com via COMTEX) --RBC Capital Markets upgrades Southwestern Energy (NYSE: SWN) from Underperform to Sector Perform on positive outlook.
04/12/2005 08:00:46 AM
StreetInsider Alert for SALM
Apr 12, 2005 (streetinsider.com via COMTEX) --Stanford Capital upgrades Salem Communications (Nasdaq: SALM) from Sell to Buy on positive outlook from religious radio.
04/12/2005 08:00:45 AM
StreetInsider Alert for ALXN
Apr 12, 2005 (streetinsider.com via COMTEX) --Alexion Pharmaceuticals (Nasdaq: ALXN) announced that it has completed enrollment of the pivotal Phase III TRIUMPH efficacy trial of eculizumab in patients with the chronic orphan blood disorder Paroxysmal Nocturnal Hemoglobinuria.
04/12/2005 08:00:44 AM
StreetInsider Alert for BLL
Apr 12, 2005 (streetinsider.com via COMTEX) --Credit Suisse FB upgrades Ball Corp (NYSE: BLL) from Underperform to Neutral on valuation.
04/12/2005 08:00:44 AM
StreetInsider Alert for QLTI
Apr 12, 2005 (streetinsider.com via COMTEX) --QLT Inc. (Nasdaq: QLTI) announced that Michael J. Doty will step down as Senior Vice President Finance and Chief Financial Officer, effective April 15, 2005.
04/12/2005 08:00:44 AM
StreetInsider Alert for PPDI
Apr 12, 2005 (streetinsider.com via COMTEX) --Jefferies & Co downgrades PPD Inc. (Nasdaq: PPDI) from Buy to Hold on valuation-Price target $50.
04/12/2005 08:00:43 AM
StreetInsider Alert for SKS
Apr 12, 2005 (streetinsider.com via COMTEX) --Credit Suisse FB downgrades Saks Inc (NYSE: SKS) from Neutral to Underperform, saying shares could be worth up to $22 in a takeover.
04/12/2005 08:00:42 AM
StreetInsider Alert for PBG
Apr 12, 2005 (streetinsider.com via COMTEX) --Pepsi Bottling (NYSE: PBG) reports Q1 earnings of $0.15 per share, 3 cents better than estimates. Q1 revenues were $2.15 billion, higher than analysts estiamtes of $2.12 billion. PBG sees full-year 2005 earnings between $1.78-1.84, in-line with estimates of $1.80.
04/12/2005 08:00:41 AM
StreetInsider Alert for CUNO
Apr 12, 2005 (streetinsider.com via COMTEX) --Merrill Lynch upgrades CUNO Inc (Nasdaq: CUNO) from Neutral to Buy on valuation-Price target $60.
04/12/2005 08:00:41 AM
StreetInsider Alert for CHKP
Apr 12, 2005 (streetinsider.com via COMTEX) --Jefferies & Co upgrades Check Point Software (Nasdaq: CHKP) from Hold to Buy on positive fundamentals-Price target $26.
04/12/2005 08:00:40 AM
StreetInsider Alert for RYL
Apr 12, 2005 (streetinsider.com via COMTEX) --The Ryland Group (NYSE: RYL) filed a $1 billion shelf offering to periodically sell debt, common stock, preferred stock, debt warrants and other securities.
04/12/2005 08:00:32 AM
StreetInsider Alert for CUZ
Apr 12, 2005 (streetinsider.com via COMTEX) --Wachovia Securities reiterates Outperform and adds Cousins Properties (NYSE: CUZ) to the Focus List.
______*Refresh Your Browser, More To Come *
04/12/2005 08:00:21 AM
StreetInsider Alert for BIOI
Apr 12, 2005 (streetinsider.com via COMTEX) --BioSource Int'l (Nasdaq: BIOI) announced that its Board of Directors voted unanimously to reject an unsolicited proposal from Bio-Rad Laboratories, Inc. (Amex: BIO; Amex: BIOB), dated April 6, 2005, to acquire all of BioSource's outstanding shares at $8.50 per share in cash.
04/12/2005 08:00:20 AM
StreetInsider Alert for DUK
Apr 12, 2005 (streetinsider.com via COMTEX) --CIBC World Markets downgrades Duke Energy (NYSE: DUK) from Sector Outperformer to Sector Performer on valuation-Price target $29.
04/12/2005 08:00:19 AM
StreetInsider Alert for SHOP
Apr 12, 2005 (streetinsider.com via COMTEX) --Shopping.com (Nasdaq: SHOP) announced that it has been selected by the world's leading interactive service provider, America Online, to power the AOL shopping channel in France.
____________
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, info@streetinsider.com, 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.
Discover What Traders Are Watching
Explore small cap ideas before they hit the headlines.
