AI
| Followers | 71 |
| Posts | 12229 |
| Boards Moderated | 1 |
| Alias Born | 04/01/2000 |
Wednesday, April 20, 2005 8:50:43 AM
Final - StreetInsider Alerts 04/19/2005 @ 05:50:46 PM
By StreetInsider.com / Briefing.com, Investing-News.Com
Apr 19, 2005, 22:04
LLTC ADLR JNPR DJ:INDU ( ORPH INSM ) RX ARXX BGP NTPA PPDI PLXT BRO N TSS YHOO MIPS PTV YHOO ASPT AV SMDI BCR SYK STX CAKE JNPR INTC CYMI CKFR USNA SGTL BTH KFT SOV CGNX SBSE WM GILD (To Earlier Below)
04/19/2005 05:50:46 PM
StreetInsider Alert for LLTC
Apr 19, 2005 (streetinsider.com via COMTEX) --Linear Technology Corp (Nasdaq: LLTC) reported Q3 EPS of $0.39, 7 cents better than estimates. Revenues came in at $290.7 million versus the consensus of $250.63 million. Sees Q4 revenue of $255-$258 million versus the consensus of $259.65 million.
04/19/2005 05:50:45 PM
StreetInsider Alert for ADLR
Apr 19, 2005 (streetinsider.com via COMTEX) --Adolor Corporation (Nasdaq: ADLR) said the FDA has extended the Prescription Drug User Fee Act (PDUFA) target action date from April 25, 2005 to July 25, 2005 for the completion of its review of the New Drug Application for Entereg capsules for the management of postoperative ileus.
04/19/2005 05:20:40 PM
StreetInsider Alert for JNPR
Apr 19, 2005 (streetinsider.com via COMTEX) --Juniper Networks (Nasdaq: JNPR) sees Q2 EPS of $0.17 versus the consensus of $0.16 and revenue of $470-$475 million versus the consensus of $457.98 million.
04/19/2005 05:10:40 PM
StreetInsider Alert for DJ:INDU
Apr 19, 2005 (streetinsider.com via COMTEX) --The Dow finished 56.16 points higher to close at 10,127, the Nasdaq rose 19.44 points to close at 1,932, and the S&P 500 gained 6.80 points to close at 1,152.
The markets closed out the trading session in the green today as lower wholesale prices eased fears of higher inflation, bond yields fell, and earnings remained strong to spur a sweeping rally.
Volume was heavy with 2.13 billion shares trading on the NYSE and 1.85 billion on the Nasdaq. Advancers outpaced decliners today by a margin of 24:8 on the NYSE and by 21:9 on the Nasdaq.
In individual stories, Orphan Medical, Inc. (Nasdaq: ORPH) closed 22.92% higher after privately held Jazz Pharmaceuticals, Inc. agreed to acquire the Company for $10.75 per share in cash. On the downside, Insmed Incorporated (Nasdaq: INSM) closed 14.39% lower after the Court denied Insmed's motion that a summary judgment, or final verdict, be made in Insmed's favor.
Tomorrow traders will be watching for data from the Fed's Beige Book, CPI, and Core CPI. The CPI and Core CPI are due to hit the wires at 8:30 A.M, and the Fed's Beige Book is scheduled for 2:00 P.M.
04/19/2005 05:00:46 PM
StreetInsider Alert for RX
Apr 19, 2005 (streetinsider.com via COMTEX) --IMS Health Inc (NYSE: RX) reported Q1 EPS of $0.29, 1 cent better than estimates. Revenues came in at $411 million versus the consensus of $396.75 million.
04/19/2005 04:50:48 PM
StreetInsider Alert for ARXX
Apr 19, 2005 (streetinsider.com via COMTEX) --Aeroflex Incorporated (Nasdaq: ARXX) announced the acquisition of the business of JcAIR Test Systems from aerospace and defense supplier, Goodrich Corporation, for $35 million in cash.
04/19/2005 04:50:48 PM
StreetInsider Alert for BGP
Apr 19, 2005 (streetinsider.com via COMTEX) --Borders Group, Inc. (NYSE: BGP) warns for Q1; now projects a first quarter consolidated per share loss of $0.06 to $0.07 versus previously projected consolidated earnings per share of $0.00 to $0.02. Both projections include the impact of non-operating adjustments.
Comparable stores sales at Borders superstores have declined by 0.8% and by 3.0% at Waldenbooks for the quarter.
04/19/2005 04:45:46 PM
StreetInsider Alert for NTPA
Apr 19, 2005 (streetinsider.com via COMTEX) --Netopia, Inc. (Nasdaq: NTPA) agreed to employ Charles Constanti as its new Vice President and Chief Financial Officer.
04/19/2005 04:45:45 PM
StreetInsider Alert for PPDI
Apr 19, 2005 (streetinsider.com via COMTEX) --Pharmaceutical Product Development (Nasdaq: PPDI) reported Q1 EPS of $0.55, 1 cent worse than estimates. Revenues came in at $244.1 million versus the consensus of $215.83 million.
04/19/2005 04:45:45 PM
StreetInsider Alert for PLXT
Apr 19, 2005 (streetinsider.com via COMTEX) --PLX Technology Inc (Nasdaq: PLXT) reported Q1 EPS of $0.00, 1 cent worse than estimates. Revenues came in at $13.2 million versus the consensus of $13.97 million.
04/19/2005 04:40:38 PM
StreetInsider Alert for BRO
Apr 19, 2005 (streetinsider.com via COMTEX) --Brown & Brown Inc (NYSE: BRO) reported Q1 EPS of $0.62, 4 cents better than estimates. Revenues came in at $202.4 million versus the consensus of $196.31 million.
04/19/2005 04:40:37 PM
StreetInsider Alert for N
Apr 19, 2005 (streetinsider.com via COMTEX) --Inco Ltd (NYSE: N) reported Q1 EPS of $1.09, 17 cents better than estimates. Reinstated quarterly dividend of $0.10 per share.
04/19/2005 04:40:37 PM
StreetInsider Alert for TSS
Apr 19, 2005 (streetinsider.com via COMTEX) --Total System Services Inc (NYSE: TSS) reported Q1 EPS of $0.23, 3 cents better than estimates. Revenues came in at $350 million versus the consensus of $323.50 million.
04/19/2005 04:35:45 PM
StreetInsider Alert for YHOO
Apr 19, 2005 (streetinsider.com via COMTEX) --Yahoo! Inc (Nasdaq: YHOO) sees Q2 revenue of $855-$895 million versus the consensus of $842.29 million.
______
04/19/2005 04:35:45 PM
StreetInsider Alert for MIPS
Apr 19, 2005 (streetinsider.com via COMTEX) --MIPS Technologies Inc (Nasdaq: MIPS) reported Q3 EPS of $0.09, in-line with estimates. Revenues came in at $16.8 million versus the consensus of $16.63 million.
04/19/2005 04:35:44 PM
StreetInsider Alert for PTV
Apr 19, 2005 (streetinsider.com via COMTEX) --Pactiv Corp (NYSE: PTV) reported Q1 EPS of $0.17, 1 cent worse than estimates. Revenues came in at $832 million versus the consensus of $838.22 million. Sees Q2 EPS of $0.27-$0.31 versus the consensus of $0.33 and FY05 EPS of $1.23-$1.35 versus the consensus of $1.32.
04/19/2005 04:35:43 PM
StreetInsider Alert for YHOO
Apr 19, 2005 (streetinsider.com via COMTEX) --Yahoo! Inc (Nasdaq: YHOO) reported Q1 EPS of $0.13, 2 cents better than estimates. Revenues came in at $821 million versus the consensus of $795.49 million.
04/19/2005 04:30:51 PM
StreetInsider Alert for ASPT
Apr 19, 2005 (streetinsider.com via COMTEX) --Aspect Communications Corp (Nasdaq: ASPT) reported Q1 EPS of $0.13, 1 cent better than estimates. Revenues came in at $90.6 million versus the consensus of $89.42 million. Sees Q2 EPS of $0.12-$0.14 versus the consensus of $0.15.
04/19/2005 04:30:50 PM
StreetInsider Alert for AV
Apr 19, 2005 (streetinsider.com via COMTEX) --Avaya Inc (NYSE: AV) reported Q2 EPS of $0.07, may not be comparable to the consensus. Revenues came in at $1.22 billion versus the consensus of $1.29 billion.
04/19/2005 04:25:52 PM
StreetInsider Alert for SMDI
Apr 19, 2005 (streetinsider.com via COMTEX) --Sirenza Microdevices Inc (Nasdaq: SMDI) reported a Q1 loss of $0.03, 2 cents worse than estimates. Revenues came in at $12.2 million versus the consensus of $12.31 million.
04/19/2005 04:25:51 PM
StreetInsider Alert for BCR
Apr 19, 2005 (streetinsider.com via COMTEX) --C.R. Bard Inc (NYSE: BCR) reported Q1 EPS of $0.73, 4 cents better than estimates. Revenues came in at $428.6 million versus the consensus of $430.72 million.
04/19/2005 04:25:50 PM
StreetInsider Alert for SYK
Apr 19, 2005 (streetinsider.com via COMTEX) --Stryker Corp (NYSE: SYK) reported Q1 EPS of $0.42, 2 cents better than estimates. Revenues came in at $1.2 billion versus the consensus of $1.18 billion.
04/19/2005 04:20:52 PM
StreetInsider Alert for STX
Apr 19, 2005 (streetinsider.com via COMTEX) --Seagate Technology (NYSE: STX) reported Q3 EPS of $0.45, 8 cents better than estimates. Revenues came in at $1.97 billion versus the consensus of $1.87 billion.
04/19/2005 04:20:51 PM
StreetInsider Alert for CAKE
Apr 19, 2005 (streetinsider.com via COMTEX) --Cheesecake Factory Inc (Nasdaq: CAKE) reported Q1 EPS of $0.24, in-line with estimates. Revenues came in at $268.2 million versus the consensus of $270.60 million.
04/19/2005 04:20:51 PM
StreetInsider Alert for JNPR
Apr 19, 2005 (streetinsider.com via COMTEX) --Juniper Networks (Nasdaq: JNPR) reported Q1 EPS of $0.16, 1 cent better than estimates. Revenues came in at $449.1 million versus the consensus of $440.44 million.
04/19/2005 04:20:50 PM
StreetInsider Alert for INTC
Apr 19, 2005 (streetinsider.com via COMTEX) --Intel Corp (Nasdaq: INTC) reported Q1 EPS of $0.34, 3 cents better than estimates. Revenues came in at $9.4 billion versus the consensus of $9.31 billion.
04/19/2005 04:20:50 PM
StreetInsider Alert for CYMI
Apr 19, 2005 (streetinsider.com via COMTEX) --Cymer Inc (Nasdaq: CYMI) reported Q1 EPS of $0.14, 6 cents better than estimates. Revenues came in at $84.8 million versus the consensus of $80.22 million.
04/19/2005 04:15:53 PM
StreetInsider Alert for CKFR
Apr 19, 2005 (streetinsider.com via COMTEX) --CheckFree Corp (Nasdaq: CKFR) reported Q3 EPS of $0.39, 3 cents better than estimates. Revenues came in at $191.2 million versus the consensus of $189.90 million. Sees FY05 $1.41-$1.43 versus the consensus of $1.38.
04/19/2005 04:15:52 PM
StreetInsider Alert for USNA
Apr 19, 2005 (streetinsider.com via COMTEX) --USANA Health Sciences Inc (Nasdaq: USNA) reported Q1 EPS of $0.45, 3 cents better than estimates. Revenues came in at $76.6 million versus the consensus of $77.60 millon.
______
04/19/2005 04:15:36 PM
StreetInsider Alert for SGTL
Apr 19, 2005 (streetinsider.com via COMTEX) --Sigmatel Inc (Nasdaq: SGTL) reported Q1 EPS of $0.67, 24 cents better than estimates. Revenues came in at $99.3 million versus the consensus of $81.30 million. Sees Q2 $0.48-$0.57 versus the consensus of $0.40.
04/19/2005 04:10:46 PM
StreetInsider Alert for BTH
Apr 19, 2005 (streetinsider.com via COMTEX) --Blyth, Inc. (NYSE: BTH) said earnings per share for the fiscal year ending January 31, 2006 are expected to be between $2.20 and $2.25. Management's previously issued E.P.S. guidance was $2.35 to $2.40 for the full year (consensus is $2.31).
04/19/2005 04:10:46 PM
StreetInsider Alert for KFT
Apr 19, 2005 (streetinsider.com via COMTEX) --Kraft Foods Inc (NYSE: KFT) reported Q1 EPS of $0.41, may not be comparable with estimates. Revenues came in at $8.06 billion versus the consensus of $7.89 billion.
04/19/2005 04:10:45 PM
StreetInsider Alert for SOV
Apr 19, 2005 (streetinsider.com via COMTEX) --Sovereign Bancorp Inc (NYSE: SOV) reported Q1 EPS of $0.46, 2 cents better than estimates.
04/19/2005 04:10:45 PM
StreetInsider Alert for CGNX
Apr 19, 2005 (streetinsider.com via COMTEX) --Cognex Corp (Nasdaq: CGNX) reported Q1 EPS of $0.11, in-line with estimates. Revenues came in at $43.2 million versus the consensus of $42.30 million.
04/19/2005 04:10:44 PM
StreetInsider Alert for SBSE
Apr 19, 2005 (streetinsider.com via COMTEX) --SBS Technologies Inc (Nasdaq: SBSE) reported Q3 EPS of $0.03, 5 cents worse than estimates. Revenues came in at $37.1 million versus the consensus of $37 million.
04/19/2005 04:05:45 PM
StreetInsider Alert for WM
Apr 19, 2005 (streetinsider.com via COMTEX) --Washington Mutual Inc (NYSE: WM) reported Q1 EPS of $1.01 versus the consensus of $0.82. Raised dividend from $0.46 to $0.47.
04/19/2005 04:05:44 PM
StreetInsider Alert for GILD
Apr 19, 2005 (streetinsider.com via COMTEX) --Gilead Sciences Inc (Nasdaq: GILD) reported Q1 EPS of $0.34, 5 cents better than estimates. Revenues came in at $430.4 million versus the consensus of $396.94 million.
~~~ Don't Trade Alone ~~~ [ ALT + BACK ARROW ] to Return
MMM HSY DVA (+ Briefing.com ) (To Earlier Below)
04/19/2005 03:45:34 PM
StreetInsider Alert for MMM
Apr 19, 2005 (streetinsider.com via COMTEX) --3M Co (NYSE: MMM) issued the following statement from W. James McNerney, Jr., chairman of the board and CEO, in response to ongoing speculation about other available CEO positions: "As I've said before, I am very happy at 3M and believe strongly in the company's future. I have no plans to leave in any foreseeable time frame. Rumors notwithstanding, I am not a candidate for any other job, including Boeing (NYSE: BA)."
04/19/2005 03:40:39 PM
StreetInsider Alert for HSY
Apr 19, 2005 (streetinsider.com via COMTEX) --The Hershey Company (NYSE: HSY) approved an authorization to acquire up to $250 million of Hershey's Common Stock. The Board anticipates it will take from 18 to 24 months to complete the authorized repurchase, subject to market conditions. Acquired shares of the Common Stock will be held as Treasury shares.
______
04/19/2005 03:00:31 PM
Briefing.com: Hourly In Play (R) - 15:00 ET
[Briefing.com Stock Information]
Apr 19, 2005 (Briefing.com via COMTEX) --Hourly In Play (R)
Updated: 19-Apr-05 15:00 ET
14:54
DVA DaVita announces C.F.O. departure (41.65 -0.13)
Co announced that Denise Fletcher has stepped down as Senior Vice President and C.F.O. effective April 15. This decision was reached by mutual agreement. Tom Kelly, Executive Vice President, will assume the role of acting C.F.O.
14:46
SBUX Starbucks - - Relative Weakness (46.00 -1.00) -- Technical --
The stock displays relative weakness as it continues to slide lower intraday to fresh 6-month lows.
14:43
PSYS Psychiatric Solutions extends advance to 50 day ema/sma at 41.80/41.97 -- session high 41.88 (41.84 +2.11) -- Technical --
14:25
FLS Flowserve pushes higher intraday to notch a new 3-month high above its March highs near 26.80 (26.93 +0.76) -- Technical --
14:19
MAT 200 Day-Alert -- Mattel sets new session high but nearing resistance at yesterday's recovery high/200 sma at 18.65/18.68 (18.62 +0.34) -- Technical --
Briefing.com is the leading Internet provider of live market analysis for U.S. Stock, U.S. Bond and world FX market participants. 1-800-752-3013 or http://www.briefing.com
Copyright (C) 2005 Briefing.com, Inc. All rights reserved.
04/19/2005 02:55:36 PM
StreetInsider Alert for DVA
Apr 19, 2005 (streetinsider.com via COMTEX) --DaVita Inc. (NYSE: DVA) announced that Denise Fletcher has stepped down as Senior Vice President and Chief Financial Officer effective April 15, 2005. This decision was reached by mutual agreement.
~~~ Guidance For Trades ~~~ [ ALT + BACK ARROW ] to Return
NAFC DJ:INDU GM MCU LLY DJ:INDU ALA BSX STT (To Earlier Below)
04/19/2005 01:40:46 PM
StreetInsider Alert for NAFC
Apr 19, 2005 (streetinsider.com via COMTEX) --Nash Finch Company (Nasdaq: NAFC) announced that its board of directors has declared a regular quarterly cash dividend of 18 cents per share of common stock. The dividend is payable June 10, 2005 to shareholders of record at the close of business on May 27, 2005. It is the Company's 315th consecutive quarterly cash dividend, and represents an increase from the 13.5 cents per share declared for the previous quarter. There are 12,686,053 shares of common stock outstanding.
04/19/2005 01:40:46 PM
StreetInsider Alert for DJ:INDU
Apr 19, 2005 (streetinsider.com via COMTEX) --4/19: Streetinsider.com's Unusual 11 Afternoon Movers:
Orphan Medical, Inc. (Nasdaq: ORPH) 23.27% HIGHER; Jazz Pharmaceuticals, Inc. agreed to acquire the Company for $10.75 per share in cash.
ADC (Nasdaq: ADCT) 21.28% HIGHER; announced one-for-seven reverse stock split and raised Q2 guidance.
ICU Medical ((Nasdaq: ICUI) 17.91% HIGHER; Soleil upgraded the stock following Q1 report.
Genta Incorporated (Nasdaq: GNTA) 15.31% HIGHER; preclinical data has shown that Genasense may enhance the anti-tumor activity of Iressa.
Insmed Incorporated (Nasdaq: INSM) 14.39% LOWER; Court denied Insmed's motion that a summary judgment, or final verdict, be made in Insmed's favor. The Court granted Insmed's motion to dismiss the plaintiffs' complaint as originally written, but allowed the plaintiffs 30 days to amend and resubmit their complaint.
Capstone Turbine (Nasdaq: CPST) 13.01% HIGHER; announced follow-on orders from distributors in Italy and in Russia.
Lionbridge Technologies Inc (Nasdaq: LIOX) 12.25% LOWER; reported disapponting Q1 results.
EMC Corp (NYSE: EMC) 12.02% HIGHER; reported impressive Q1 results.
NMS Communications Corporation (Nasdaq: NMSS) 10.86% HIGHER; reported impressive Q1 results.
State Street (NYSE: STT) 8.08% HIGHER; reported impressive Q1 results.
Krispy Kreme Doughnuts Inc (NYSE: KKD) 7.14% LOWER; delayed 10-k filing.
04/19/2005 12:35:44 PM
StreetInsider Alert for GM
Apr 19, 2005 (streetinsider.com via COMTEX) --General Motors Corp's (NYSE: GM) CFO says a dividend cut is NOT being considered, as had been rumored.
04/19/2005 11:50:38 AM
StreetInsider Alert for MCU
Apr 19, 2005 (streetinsider.com via COMTEX) --Medicure Inc. (AMEX: MCU) said following a meeting of the independent Data Safety Monitoring Board, the Company has received a recommendation to continue its Phase II/III MEND-CABG trial. This recommendation is based on their recent review of the safety data in the majority of patients who have completed 30 days of treatment following Coronary Artery Bypass Graft surgery.
04/19/2005 11:45:40 AM
StreetInsider Alert for LLY
Apr 19, 2005 (streetinsider.com via COMTEX) --General Electric Company (NYSE: GE), through GE Global Research and GE Healthcare, along with Eli Lilly and Company (NYSE: LLY) announced a joint research collaboration intended to accelerate the discovery and development of new diagnostics and therapeutics for Alzheimer's Disease. The research collaboration is intended to focus on beta-amyloid, a protein in the brain that is believed to play a key role in the progression of the disease.
04/19/2005 10:40:39 AM
StreetInsider Alert for DJ:INDU
Apr 19, 2005 (streetinsider.com via COMTEX) --4/19: Streetinsider.com's Unusual 8 Morning Movers:
Orphan Medical, Inc. (Nasdaq: ORPH) 22.92% HIGHER; privately held Jazz Pharmaceuticals, Inc. agreed to acquire the Company for $10.75 per share in cash.
ADC (Nasdaq: ADCT) 19.15% HIGHER; announced one-for-seven reverse stock split and raised Q2 guidance.
Genta Incorporated (Nasdaq: GNTA) 13.27% HIGHER; preclinical data has shown that Genasense may enhance the anti-tumor activity of Iressa.
NMS Communications Corporation (Nasdaq: NMSS) 12.36% HIGHER; reported impressive Q1 results. In addition, First Albany upgraded the stock.
ICU Medical ((Nasdaq: ICUI) 11.65% HIGHER; Soleil upgraded the stock from Hold to Buy following Q1 report.
Lionbridge Technologies Inc (Nasdaq: LIOX) 11.07% LOWER; reported disapponting Q1 results.
Steel Tech (Nasdaq: STTX) 9.08% HIGHER; reported Q2 earnings 9 cents better than estimates.
Lincare Holdings Inc (Nasdaq: LNCR) 4.52% LOWER; reported disappointing Q1 results. In addition, UBS downgraded the stock.
04/19/2005 10:15:35 AM
StreetInsider Alert for ALA
Apr 19, 2005 (streetinsider.com via COMTEX) --Alcatel (NYSE: ALA) names Mike Quigley as COO.
04/19/2005 10:05:45 AM
StreetInsider Alert for BSX
Apr 19, 2005 (streetinsider.com via COMTEX) --Boston Scientific (NYSE: BSX) reports Q1 earnings of $0.51, in-line with the consensus. Revenues came in at $1.62 billion versus the consensus of $1.61 billion.
04/19/2005 09:30:51 AM
StreetInsider Alert for STT
Apr 19, 2005 (streetinsider.com via COMTEX) --Merrill Lynch upgraded State Street Corporation (NYSE: STT) from Neutral to Buy. The firm views Q1 results as an inflection point in earnings growth.
~~~ Consistency In Trading ~~~ [ ALT + BACK ARROW ] to Return
EDO JNJ WYE PXG FALC JNJ RTN SY WPTE IMMR ENMD HYC CYTR TXU BTU MGG AXJ HTI CUB VICL AMGN UVN PAYX ASO FCX SONS PRXL CECE ERJ RBAK GLK BRCM BDN ITW XL GNA MEL CHK JNJ DRIV IPG WFC TER GNTA PBY TU CNP OMC NRG CEGE APD JRCC PRXL DUSA BOBJ TER CDWC JNJ BUCY GPRO ORPH AMED TKR PSRC SVU MAGS MAN ACTG LOGI AAP HYDL JCI EMC ACTL ICUI LU BIOI ASD PFE RSH VIAB NMSS CPO NVLS MDC VRNT TASR ADBE DHI ACO KO NCC
04/19/2005 09:25:43 AM
StreetInsider Alert for EDO
Apr 19, 2005 (streetinsider.com via COMTEX) --EDO Corporation (NYSE: EDO) has been awarded a contract by the Office of Naval Research (ONR) valued at up to $3.2 million to provide engineering services and program support. The cost plus fixed-fee contract includes a one-year base with four one-year option periods.
04/19/2005 09:10:42 AM
StreetInsider Alert for JNJ
Apr 19, 2005 (streetinsider.com via COMTEX) --UPDATE: Johnson & Johnson Inc (NYSE: JNJ) sees FY05 EPS in the range of $3.41-$3.43, versus the consensus is $3.40.
______
04/19/2005 09:15:36 AM
StreetInsider Alert for WYE
Apr 19, 2005 (streetinsider.com via COMTEX) --Wyeth (NYSE: WYE) said the European Commission has approved InductOs for the treatment of single level anterior lumbar spine fusions as a substitute for autogenous bone graft in adults with degenerative disc disease who have had at least six months of nonoperative treatment for this condition. InductOs has been approved by the European authorities since 2002 for the treatment of acute tibia fractures in adults, as an adjunct to standard care using open fracture reduction and intramedullary nail fixation.
04/19/2005 09:15:35 AM
StreetInsider Alert for PXG
Apr 19, 2005 (streetinsider.com via COMTEX) --Phoenix Footwear Group, Inc. (Amex: PXG) announced that it has signed a definitive asset purchase agreement to acquire Chambers Belt Company, a leading manufacturer of men's and women's belts and accessories.
Under the terms of the definitive agreement, Phoenix Footwear will pay $21.5 million for the assets of Chambers Belt, which will be funded through a combination of cash and Phoenix Footwear common stock. The cash portion of the purchase price is expected to be funded through new debt financing. In addition, Phoenix Footwear will pay $3.0 million in non-compete payments over a five year period and earn-out payments to be made in either cash and Phoenix Footwear common stock during the two years after closing, provided that the Chambers Belt business exceeds earnings performance targets during that period.
______
04/19/2005 09:10:43 AM
StreetInsider Alert for FALC
Apr 19, 2005 (streetinsider.com via COMTEX) --FalconStor Software, Inc. (Nasdaq: FALC) announced that Toshiba Information Systems UK, a provider of consumer electronics and business communication systems, has chosen FalconStor's IPStor® Enterprise Edition software to manage a resilient storage area network and provide for disaster recovery operations. IPStor software will be implemented and integrated by FalconStor partner Redstor.
04/19/2005 09:10:42 AM
StreetInsider Alert for JNJ
Apr 19, 2005 (streetinsider.com via COMTEX) --UPDATE: Johnson & Johnson Inc (NYSE: JNJ) sees FY05 EPS in the range of $3.41-$3.43, versus the consensus is $3.40.
______
04/19/2005 09:05:42 AM
StreetInsider Alert for RTN
Apr 19, 2005 (streetinsider.com via COMTEX) --Raytheon Company (NYSE: RTN) has been awarded a $12.5 million subcontract from Northrop Grumman Corporation's ship systems sector for Life Cycle Engineering and Support for the LPD 17 class of amphibious warfare ships.
______
04/19/2005 09:00:56 AM
StreetInsider Alert for SY
Apr 19, 2005 (streetinsider.com via COMTEX) --Sybase, Inc (NYSE: SY) reports Q1 earnings of $0.22 per share, 1 cent better than estimates. Revenues came in at $191.9 million versus the consensus $190.5 million.
04/19/2005 09:00:45 AM
StreetInsider Alert for WPTE
Apr 19, 2005 (streetinsider.com via COMTEX) --WPT Enterprises, Inc. (Nasdaq: WPTE) said Steven Lipscomb, its President and CEO, has withdrawn his structured trading plan to sell shares of WPTE's common stock. Mr. Lipscomb previously had a Rule 10b5-1 trading plan in place that allowed for the sale of up to 450,000 shares of common stock through March of 2006.
______
04/19/2005 08:55:39 AM
StreetInsider Alert for IMMR
Apr 19, 2005 (streetinsider.com via COMTEX) --Immersion Corporation (Nasdaq: IMMR) announced that Hip Interactive has entered into a patent license with Immersion, including rights for advanced vibro-tactile, spinning mass, gaming technologies.
Under the terms of the license, Hip Interactive's Hip Gear products featuring vibration feedback will now bear the Immersion Feel The Game TouchSense Technology logo. Hip Gear video game peripherals for consoles such as the Sony PlayStation and PlayStation 2, Microsoft Xbox, and Nintendo GameCube are available through leading North American retailers such as Blockbuster, EB Games, Target, Wal-Mart Canada, Zellers, and CompUSA.
04/19/2005 08:55:39 AM
StreetInsider Alert for ENMD
Apr 19, 2005 (streetinsider.com via COMTEX) --EntreMed, Inc. (Nasdaq: ENMD) announced the presentation of preclinical data for its Proteinase Activated Receptor Inhibitor program.
Data from the Company's preclinical studies indicate that its PAR-2 antagonists inhibit tumor growth and the formation of new blood vessels in animal models. PAR-2 antagonists also demonstrated inhibition of inflammation in preclinical rheumatoid arthritis and acute inflammation models. Antagonists of PAR-2 signaling demonstrate a potential relationship between the onset of inflammation and the regulation of tumor growth and angiogenesis.
04/19/2005 08:50:44 AM
StreetInsider Alert for HYC
Apr 19, 2005 (streetinsider.com via COMTEX) --Hypercom Corporation (NYSE: HYC) announced that ICICI Bank, the second largest financial institution in India had purchased 5,000 T7Plus EMV-certified credit/debit card payment terminals. The terminals and associated software will be rolled out to retail merchants throughout the country over the next two months, equipping them with compact countertop units distinguished by their reliability, fast input functions and high-speed printing.
04/19/2005 08:50:32 AM
StreetInsider Alert for CYTR
Apr 19, 2005 (streetinsider.com via COMTEX) --CytRx Corporation (Nasdaq: CYTR) announced the completion of a meeting with representatives of the FDA prior to the submission of the Company's Investigational New Drug application for its lead small molecule drug candidate arimoclomol for the treatment of amyotrophic lateral sclerosis (ALS, or Lou Gehrig's disease).
______
04/19/2005 08:45:40 AM
StreetInsider Alert for TXU
Apr 19, 2005 (streetinsider.com via COMTEX) --Credit Suisse First Boston initiated coverage on TXU Corporation (NYSE: TXU) with an Outperform rating; $93.00 price target.
04/19/2005 08:43:24 AM
StreetInsider Alert for BTU
Apr 19, 2005 (streetinsider.com via COMTEX) --Peabody Energy Corp (NYSE: BTU) reports Q1 earnings of $0.39 per share, 8 cents better than estimates. Revenues came in at $1.08 billion versus the consensus of $990.8 million. Sees FY05 EPS of $2.50-$3.10 versus the consensus of $2.82
04/19/2005 08:40:50 AM
StreetInsider Alert for MGG
Apr 19, 2005 (streetinsider.com via COMTEX) --MGM Mirage (NYSE: MGG) reports Q1 earnings of $0.87 per share, 12 cents better than estimates. Revenues came in at $1.2 billion versus the consensus of $1.16 billion. Sees Q2 EPS of $0.70-$0.75 versus the consensus of $0.74.
04/19/2005 08:40:50 AM
StreetInsider Alert for AXJ
Apr 19, 2005 (streetinsider.com via COMTEX) --AXM Pharma, Inc. (AMEX: AXJ) announced that the Company has signed a $362,756 distribution agreement with Chengdu Xianhu Commercial Co. Ltd for Company's line of Whisper feminine hygiene products in the Sichuan territory and signed a $241,837 distribution agreement with Tianjin Jiashi Commercial Trade Co. Ltd for Company's line of Whisper feminine hygiene products in the Tianjin territory. The total of the two contracts is $604,593.
04/19/2005 08:40:49 AM
StreetInsider Alert for HTI
Apr 19, 2005 (streetinsider.com via COMTEX) --Halozyme Therapeutics, Inc. (Amex: HTI) announced it has received 510(k) clearance from the U.S. Food and Drug Administration (FDA) for Cumulase for the treatment of oocytes to facilitate certain in vitro fertilization (IVF) procedures. The active pharmaceutical ingredient in Cumulase is the first and only recombinant human hyaluronidase approved in the United States for cumulus removal in the IVF process.
______
04/19/2005 08:37:20 AM
StreetInsider Alert for CUB
Apr 19, 2005 (streetinsider.com via COMTEX) --The defense segment of Cubic Corporation (AMEX: CUB) has won a $16 million contract to provide additional Multiple Integrated Laser Engagement Systems, or MILES 2000, to U.S. Army troops at Fort Polk, La. The equipment will support training rotations at the Joint Readiness Training Center (JRTC) -- the U.S. Army's premier training center for light infantry and special operations units.
04/19/2005 08:37:19 AM
StreetInsider Alert for VICL
Apr 19, 2005 (streetinsider.com via COMTEX) --Vical Incorporated (Nasdaq: VICL) announced that initial human testing of an investigational vaccine targeting West Nile virus (WNV) has begun at the National Institutes of Health's (NIH) Clinical Center in Bethesda, MD. The vaccine, based on Vical's proprietary DNA delivery technology, was co-developed at the National Institute of Allergy and Infectious Diseases' (NIAID) Vaccine Research Center (VRC) and at Vical. Vical manufactured research and clinical supplies of the vaccine, and has an option to exclusive commercialization rights.
04/19/2005 08:37:18 AM
StreetInsider Alert for AMGN
Apr 19, 2005 (streetinsider.com via COMTEX) --Legg Mason assumed coverage on Amgen Inc. (Nasdaq: AMGN) with a Buy rating; $68.00 price target. The firm as assuming coverage on the stock and sees AMGN's solid performance giving investors a safe haven.
04/19/2005 08:37:17 AM
StreetInsider Alert for UVN
Apr 19, 2005 (streetinsider.com via COMTEX) --Legg Mason initiated coverage on Univision Communications Inc. (NYSE: UVN) with a Buy rating; $33.00 price target.
04/19/2005 08:35:49 AM
StreetInsider Alert for PAYX
Apr 19, 2005 (streetinsider.com via COMTEX) --Morgan Stanley initiated coverage on Paychex, Inc. (Nasdaq: PAYX) with an Overweight rating; $38.00 price target. The firm based their rating on the company's position, which is #1, in the small business payroll servicing sector.
04/19/2005 08:35:48 AM
StreetInsider Alert for ASO
Apr 19, 2005 (streetinsider.com via COMTEX) --AmSouth Banc (NYSE: ASO) reports Q1 earnings of $0.50 per share, 2 cents better than estimates.
04/19/2005 08:35:28 AM
StreetInsider Alert for FCX
Apr 19, 2005 (streetinsider.com via COMTEX) --Freeport-McMoRan (NYSE: FCX) reports Q1 earnings of $0.70 per share, 6 cents better than estimates. Rvenues came in at $803.1 million versus the consensus of $794.5 million.
04/19/2005 08:35:27 AM
StreetInsider Alert for SONS
Apr 19, 2005 (streetinsider.com via COMTEX) --Credit Suisse First Boston upgraded Sonus Networks, Incorporated (Nasdaq: SONS) from Neutral to Outperform. In the firm's opinion SONS remains competitively well positioned in the carrier VoIP market, which remains one of the healthiest product segments within the communications infrastructure industry.
04/19/2005 08:35:27 AM
StreetInsider Alert for PRXL
Apr 19, 2005 (streetinsider.com via COMTEX) --Jefferies Group downgraded Parexel International Corporation (Nasdaq: PRXL) from Hold to Underperform; target price decreased from $22.00 to $16.00. The firm expects the lack of visibility, rev growth, and further restructurings to pressure the stock. Bear Stearns downgraded the stock from Peer Perform to Underperform. The firm lowered their rating based on negative Q3 pre-announcement. They see a further decline in the shares likely when Parexel reports 3Q results. They mentioned that Parexel will also begin expensing stock options in FY1Q06.
04/19/2005 08:35:26 AM
StreetInsider Alert for CECE
Apr 19, 2005 (streetinsider.com via COMTEX) --CECO Environmental Corp. (Nasdaq: CECE) said it received $5.6 million in three new orders. One order is for a $3.4 million pollution control system for an Ethanol plant in Nebraska and another order is for a $1.0 million thermal oxidizer for an Ethanol manufacturer in Wisconsin. The third order is for a $1.23 million ventilation project for a foundry in the Southwestern, U.S.
______
04/19/2005 08:27:40 AM
StreetInsider Alert for ERJ
Apr 19, 2005 (streetinsider.com via COMTEX) --Salomon Smith Barney upgraded Embraer Empresa Brasileira de Aeronautica SA (NYSE: ERJ) from Sell to Hold; target price increased from $26.00 to $33.00. The firm based their upgrade on ERJ's valuation. In addition, the firm believes the following: 1) the mkt has a better understanding of potential risks; 2) US Airways' eventual disappearance should not occur with a "bang," but with a long, slow whimper; and 3) the stock's YTD underperformance makes this a decent entry point.
04/19/2005 08:25:48 AM
StreetInsider Alert for RBAK
Apr 19, 2005 (streetinsider.com via COMTEX) --Redback Networks Inc. (Nasdaq: RBAK) announced that Germany's second largest fixed-line telecommunications carrier is evolving its consumer and business broadband network by adding next-generation Redback SmartEdge Service Gateway systems.
04/19/2005 08:25:47 AM
StreetInsider Alert for GLK
Apr 19, 2005 (streetinsider.com via COMTEX) --JP Morgan upgraded Great Lakes Chemical Corporation (NYSE: GLK) from Underweight to Neutral. The firm raised their rating based on valuation.
04/19/2005 08:25:47 AM
StreetInsider Alert for BRCM
Apr 19, 2005 (streetinsider.com via COMTEX) --Broadcom Corporation (Nasdaq: BRCM) announced a strategic partnership to provide wireless technology for Nintendo's next generation gaming systems.
04/19/2005 08:25:46 AM
StreetInsider Alert for BDN
Apr 19, 2005 (streetinsider.com via COMTEX) --JP Morgan initiated coverage on Brandywine Realty Trust (NYSE: BDN) with an Overweight rating. The firm believes BDN's tight geographic focus allows it to be a "local sharpshooter" in its mkts.
04/19/2005 08:25:46 AM
StreetInsider Alert for ITW
Apr 19, 2005 (streetinsider.com via COMTEX) --Illinois Tool Works Inc (NYSE: ITW) reports Q1 earnings of $1.06 per share, in-line with estimates. Revenues came in at $3.07 billion versus the consensus of $3.06 billion. Sees FY EPS of $5.06-$5.20 versus the consensus of $5.09
______
04/19/2005 08:20:47 AM
StreetInsider Alert for XL
Apr 19, 2005 (streetinsider.com via COMTEX) --Merrill Lynch upgraded XL Capital Ltd (NYSE: XL) fromk Neutral to Buy; $80.00 price target. The firm based their upgrade on valuation.
04/19/2005 08:20:46 AM
StreetInsider Alert for GNA
Apr 19, 2005 (streetinsider.com via COMTEX) --Soleil Securities Corporation initiated coverage on Gerdau Ameristeel Corp (NYSE: GNA) with a Buy rating. The firm based their Buy rating on growth and valuation of the stock. Given a major acquisition completed late last year, they expect GNA to generate cost reductions of about $200 mln.
04/19/2005 08:20:46 AM
StreetInsider Alert for MEL
Apr 19, 2005 (streetinsider.com via COMTEX) --Mellon Financial (NYSE: MEL) reports Q1 earnings of $0.72 per share, which may not comparable to the consensus of $0.44. Also raises its quarterly dividend to $0.20 from $0.18.
04/19/2005 08:20:45 AM
StreetInsider Alert for CHK
Apr 19, 2005 (streetinsider.com via COMTEX) --Harris Nesbitt Gerard initiated coverage on Chesapeake Energy Corporation (NYSE: CHK) with an Outperform rating; $28.00 price target. The firm based their Neutral rating on valuation. They believe that CHK's focus and its model of creating predictable and repeatable growth through an aggressive "acquire and exploit" strategy affords investors attractively priced exposure to a unique natural gas-levered, long-lived reserve, and multi-year drilling inventory story among a crowded field of independents.
04/19/2005 08:20:37 AM
StreetInsider Alert for JNJ
Apr 19, 2005 (streetinsider.com via COMTEX) --Johnson & Johnson (NYSE: JNJ) reports Q1 earnings of $0.97 per share, 5 cents better than estimates. Revenues came in at $12.83 billion versus the consensus of $12.54 billion.
04/19/2005 08:15:50 AM
StreetInsider Alert for DRIV
Apr 19, 2005 (streetinsider.com via COMTEX) --Digital River, Inc. (NASDAQ: DRIV) said its Board of Directors authorized a new share repurchase program of up to $50 million of its outstanding common shares.
04/19/2005 08:15:49 AM
StreetInsider Alert for IPG
Apr 19, 2005 (streetinsider.com via COMTEX) --Credit Suisse First Boston initiated coverage on Interpublic Group of Companies (NYSE: IPG) with an Outperform rating; $20.00 price target. The firm thinks the stock has likely bottomed, and management's turnaround goals are beatable.
04/19/2005 08:15:49 AM
StreetInsider Alert for WFC
Apr 19, 2005 (streetinsider.com via COMTEX) --Wells Fargo (NYSE: WFC) reports Q1 earnings of $1.08 per share, which may not be comparable to the consensus of $1.09 billion. Revenues came in at $8.09 billion versus the consensus of $7.9 billion.
04/19/2005 08:15:48 AM
StreetInsider Alert for TER
Apr 19, 2005 (streetinsider.com via COMTEX) --Wells Fargo downgraded Teradyne Incorporated (NYSE: TER) from Buy to Hold. The firm is downgrading Teradyne as they expect lower guidance on Wednesday. They noted that through their "channel work," they have heard that new orders remain weak.
04/19/2005 08:15:47 AM
StreetInsider Alert for GNTA
Apr 19, 2005 (streetinsider.com via COMTEX) --Genta Incorporated (Nasdaq: GNTA) said preclinical data have shown that Genasense, the Company's lead anticancer drug, may enhance the anti-tumor activity of gefitinib (Iressa(R); AstraZeneca PLC (NYSE: AZN) in non-small cell lung cancer. Gefitinib has been recently approved for clinical treatment of patients with advanced NSCLC. Data shows similar activity with OSI's (Nasdaq: OSIP) Tarceva and Eli Lilly'S (NYSE: LLY) Alimt.
04/19/2005 08:15:47 AM
StreetInsider Alert for PBY
Apr 19, 2005 (streetinsider.com via COMTEX) --RBC Capital Markets initiated coverage on Pep Boys--Manny, Moe & Jack (NYSE: PBY) with an Outperform rating; $22.00 price target. The firm expects significant long term benefits from the company's turnaround strategy.
04/19/2005 08:15:45 AM
StreetInsider Alert for TU
Apr 19, 2005 (streetinsider.com via COMTEX) --RBC Capital Markets downgraded Telus Corporation (NYSE: TU) from Top Pick to Outperform. The firm downgrade the stock given TU's announcement that it intends to implement certain lockout measures if a new collective agreement is not reached before April 25. They believe that while a work stoppage is not being considered at present, mgmt is focused on achieving a settlement and is likely to continue bringing pressure to bear until an agreement is reached.
04/19/2005 08:10:40 AM
StreetInsider Alert for CNP
Apr 19, 2005 (streetinsider.com via COMTEX) --Credit Suisse First Boston initiated coverage on CenterPoint Energy, Inc. (NYSE: CNP) with a Neutral rating; $13.00 price target. The firm's rating is based on valuation and litigation overhang.
04/19/2005 08:10:39 AM
StreetInsider Alert for OMC
Apr 19, 2005 (streetinsider.com via COMTEX) --Credit Suisse First Boston initiated coverage on Omnicom Group Inc (NYSE: OMC) with an Outperform rating; $101.00 price target. In the firm's opinion, the mkt is discounting OMC's relative lack of operational leverage despite its ability to grow profit double over the next 2 years, which is a far superior media growth rate.
04/19/2005 08:10:39 AM
StreetInsider Alert for NRG
Apr 19, 2005 (streetinsider.com via COMTEX) --Credit Suisse First Boston initiated coverage on NRG Energy Inc (NYSE: NRG) with an Outperform rating; $39.00 price target. The firm believes that the recent pull back in NRG's stock to $32 presents an attractive risk, and NRG offers investors the benefits of differentiated financial growth, improving earnings, and improved balance sheet.
______
04/19/2005 08:02:28 AM
StreetInsider Alert for CEGE
Apr 19, 2005 (streetinsider.com via COMTEX) --Cell Genesys, Inc. (Nasdaq: CEGE) reports potential breakthrough in antibody production technology. Today the company's scientists reported today the development of a proprietary gene expression technology that enables the production of full-length monoclonal antibodies at commercially relevant levels from a single production cell line. Moreover, the time required to develop cell lines that can be used for commercial production can be significantly shortened from months to weeks.
04/19/2005 08:02:28 AM
StreetInsider Alert for APD
Apr 19, 2005 (streetinsider.com via COMTEX) --Soleil upgrades Air Products & Chemicals (NYSE: APD) from Hold to Buy on recent dip in stock price.
04/19/2005 08:02:27 AM
StreetInsider Alert for JRCC
Apr 19, 2005 (streetinsider.com via COMTEX) --James River Coal Company (Nasdaq: JRCC) filed a registration statement with the SEC relating to proposed concurrent underwritten public offerings of its common stock and senior notes. A total of 4,200,000 shares of common stock will be offered, of which 1,448,348 shares will be offered by the Company and 2,751,652 shares will be offered by two funds affiliated with Carl Marks Management Company, L.P. The Company concurrently will offer $135 million aggregate principal amount of its Senior Notes due 2015. Neither offering will be conditioned on the other.
04/19/2005 08:02:26 AM
StreetInsider Alert for PRXL
Apr 19, 2005 (streetinsider.com via COMTEX) --Bear Stearns downgrades PAREXEL Int'l (Nasdaq: PRXL) from Peer Perform to Underperform after Q3 earnings warning.
04/19/2005 08:02:26 AM
StreetInsider Alert for DUSA
Apr 19, 2005 (streetinsider.com via COMTEX) --Jefferies initiates coverage on DUSA Pharmaceuticals, Inc. (Nasdaq: DUSA) with a 'buy' rating and $13 price target. The analyst says DUSA is a unique sm-cap company with 100%+ top line growth prospects, expanding gross margins, and strong R&D pipeline.
04/19/2005 08:02:25 AM
StreetInsider Alert for BOBJ
Apr 19, 2005 (streetinsider.com via COMTEX) --J.P. Morgan adds Business Objects (Nasdaq: BOBJ) to the European Focus List, citing positive sales and earnings growth through 2006.
04/19/2005 08:02:24 AM
StreetInsider Alert for TER
Apr 19, 2005 (streetinsider.com via COMTEX) --Wells Fargo downgrades Teradyne (NYSE: TER) from Buy to Hold on lowered earnings outlook.
04/19/2005 08:02:14 AM
StreetInsider Alert for CDWC
Apr 19, 2005 (streetinsider.com via COMTEX) --CDW Corp (Nasdaq: CDWC) reports Q1 earnings of $0.72 per share, 1 cent better than estimates. Revenues came in at $1.48 billion versus the consensus of $1.47 billion.
04/19/2005 08:02:13 AM
StreetInsider Alert for JNJ
Apr 19, 2005 (streetinsider.com via COMTEX) --Johnson & Johnson (NYSE: JNJ) announced a definitive agreement under which Ortho-McNeil Pharmaceutical, Inc., a subsidiary of Johnson & Johnson, would acquire Peninsula Pharmaceuticals, Inc., a privately held biopharmaceutical company focused on developing and commercializing antibiotics to treat life-threatening infections.
The cash-for-stock transaction is valued at approximately $245 million and is expected to close in the second quarter. Upon closing, Johnson & Johnson expects to incur a one-time after-tax charge of approximately $0.08 per share, as substantially all of the purchase price will be expensed as in-process research and development.
04/19/2005 08:02:02 AM
StreetInsider Alert for BUCY
Apr 19, 2005 (streetinsider.com via COMTEX) --Lehman Bros. upgrades Bucyrus Int'l (Nasdaq: BUCY) from Underweight to Equalweight on strong demand-Price target $44.
04/19/2005 08:01:51 AM
StreetInsider Alert for GPRO
Apr 19, 2005 (streetinsider.com via COMTEX) --Gen-Probe's (Nasdaq: GPRO) prototype urine test for PCA3 gene expression may help improve the diagnosis of prostate cancer, according to three early-stage studies presented as posters at the American Association for Clinical Chemistry's 37th Annual Oak Ridge Conference and the Annual Meeting of the American Association for Cancer Research.
04/19/2005 08:01:40 AM
StreetInsider Alert for ORPH
Apr 19, 2005 (streetinsider.com via COMTEX) --Privately held Jazz Pharmaceuticals, Inc. agreed to acquire Orphan Medical, Inc. (Nasdaq: ORPH) for $10.75 per share in cash.
04/19/2005 08:01:40 AM
StreetInsider Alert for AMED
Apr 19, 2005 (streetinsider.com via COMTEX) --Legg Mason upgrades Amedisys (Nasdaq: AMED) from Hold to Buy on positive outlook-Price target $36.
04/19/2005 08:01:36 AM
StreetInsider Alert for TKR
Apr 19, 2005 (streetinsider.com via COMTEX) --Timken (NYSE: TKR) reports Q1 earnings of $0.64 per share, 4 cents better than estimates. Sees Q2 EPS of $0.55-$0.60 versus the consensus of $0.55 and FY05 EPS of $2.05-$2.20 versus the consensus of $2.15.
04/19/2005 08:01:35 AM
StreetInsider Alert for PSRC
Apr 19, 2005 (streetinsider.com via COMTEX) --Stanford upgrades PalmSource (Nasdaq: PSRC) from Hold to Buy based on attractive risk/reward.
______
04/19/2005 08:01:30 AM
StreetInsider Alert for SVU
Apr 19, 2005 (streetinsider.com via COMTEX) --SuperValu (NYSE: SVU) reports Q4 earnings of $0.65 per share, 2 cents better than estimates. Q4 revenues were $4.6 billion, lower than analysts estimates of $4.75 billion. SVU guides lower for full-year 2006 earnings.
04/19/2005 08:01:29 AM
StreetInsider Alert for MAGS
Apr 19, 2005 (streetinsider.com via COMTEX) --Magal Security Systems Ltd. (Nasdaq: MAGS) completed its previously announced registered direct offering of 1,700,000 ordinary shares. The ordinary shares were sold to unaffiliated institutional investors at a purchase price of $9.50 per share and to affiliated investors at a purchase price of $9.92 per share (the closing price of the ordinary shares on the Nasdaq National Market on April 14, 2005) for aggregate gross proceeds of approximately $16.3 million.
04/19/2005 08:01:29 AM
StreetInsider Alert for MAN
Apr 19, 2005 (streetinsider.com via COMTEX) --Manpower (NYSE: MAN) reports Q1 earnings of $0.35 per share, 1 cent worse than estimates. Q1 revenues were $3.76 billion, lower than analysts estimates of $3.81 billion. MAN reaffirms Q2 earnings outlook.
04/19/2005 08:01:21 AM
StreetInsider Alert for ACTG
Apr 19, 2005 (streetinsider.com via COMTEX) --Acacia Research Corporation (Nasdaq: ACTG) (Nasdaq: CBMX) filed a patent infringement lawsuit in the District Court for the Central District of California against Intel Corporation (Nasdaq: INTC) and Texas Instruments Corporation (NYSE: TXN). The lawsuit alleges patent infringement by Intel's Itanium line of microprocessors, and certain series of digital signal processors sold by Texas Instruments.
04/19/2005 08:01:21 AM
StreetInsider Alert for LOGI
Apr 19, 2005 (streetinsider.com via COMTEX) --Logitech Int'l (Nasdaq: LOGI) reports Q4 earnings of $0.83 per share, 1 cent better than estimates. Q4 revenues were $402.6 million, higher than analysts estimates of $381.35 million.
04/19/2005 08:01:20 AM
StreetInsider Alert for AAP
Apr 19, 2005 (streetinsider.com via COMTEX) --Robert W. Baird upgrades Advance Auto Parts (NYSE: AAP) from 'neutral' to 'outperform' and raises its price target from $58 to $62.
04/19/2005 08:01:19 AM
StreetInsider Alert for HYDL
Apr 19, 2005 (streetinsider.com via COMTEX) --First Albany upgrades Hydril Corp (Nasdaq: HYDL) from 'neutral' to 'buy' with a $60 price target, citing valuation.
04/19/2005 08:01:18 AM
StreetInsider Alert for JCI
Apr 19, 2005 (streetinsider.com via COMTEX) --Johnson Controls (NYSE: JCI) reports Q2 earnings of $0.85 per share, 1 cent better than estimates. Q2 revenues were $7.1 billion, higher than analysts estimates of $7.07 billion.
04/19/2005 08:01:18 AM
StreetInsider Alert for EMC
Apr 19, 2005 (streetinsider.com via COMTEX) --EMC Corp (NYSE: EMC) reports Q1 earnings of $0.11 per share, in-line with estimates. Q1 revenues were $2.24 billion, in-line with estimates. EMC reaffirms Q2 and full-year earnings outlook.
04/19/2005 08:01:12 AM
StreetInsider Alert for ACTL
Apr 19, 2005 (streetinsider.com via COMTEX) --Banc of America upgrades Actel (Nasdaq: ACTL) from 'sell' to 'neutral' with a $16 target, citing valuation.
04/19/2005 08:01:11 AM
StreetInsider Alert for ICUI
Apr 19, 2005 (streetinsider.com via COMTEX) --Soleil upgrades ICU Medical ((Nasdaq: ICUI) from 'hold' to 'buy' following Q1 report.
04/19/2005 08:01:09 AM
StreetInsider Alert for LU
Apr 19, 2005 (streetinsider.com via COMTEX) --Lucent Technologies (NYSE: LU) reports Q2 earnings of $0.06 per share, 2 cents better than estimates. Q2 revenues were $2.34 billion, higher than analysts estimates of $2.31 billion.
04/19/2005 08:01:08 AM
StreetInsider Alert for BIOI
Apr 19, 2005 (streetinsider.com via COMTEX) --Bio Rad Laboratories Inc. (AMEX: BIO) disclosed a 6.8% ownership of BioSource International Inc. (Nasdaq: BIOI). On April 6th, Bio Rad offered to acquier BioSource's for $8.50 per share, an offer that was later rejected.
04/19/2005 08:01:07 AM
StreetInsider Alert for ASD
Apr 19, 2005 (streetinsider.com via COMTEX) --American Standard (NYSE: ASD) reports Q1 earnings of $0.47 per share, 1 cent better than estimates. Q1 revenues were $2.34 billion, in-line with estimates. ASD reaffirms Q2 and full-year earnings outlook.
04/19/2005 08:00:58 AM
StreetInsider Alert for PFE
Apr 19, 2005 (streetinsider.com via COMTEX) --Pfizer (NYSE: PFE) reports Q1 earnings of $0.54 per share, 1 cent better than estimates. Q1 revenues were $13.09 billion, higher than analysts estimates of $12.53 billion.
______* Refresh Your Browser *
04/19/2005 08:00:57 AM
StreetInsider Alert for RSH
Apr 19, 2005 (streetinsider.com via COMTEX) --RadioShack (NYSE: RSH) reports Q1 earnings of $0.34 per share, 2 cents better than estimates. Q1 revenues were $1.12 billion, in-line with estimates. RSH sees full-year 2005 earnings between $1.80-1.90, lower than analysts estimates of $2.13.
04/19/2005 08:00:57 AM
StreetInsider Alert for VIAB
Apr 19, 2005 (streetinsider.com via COMTEX) --Viacom B (NYSE: VIAb) reports Q1 earnings of $0.36 per share, 5 cents better than estimates. Q1 revenues were $5.59 billion, higher than analysts estimates of $5.42 billion.
04/19/2005 08:00:56 AM
StreetInsider Alert for NMSS
Apr 19, 2005 (streetinsider.com via COMTEX) --First Albany upgrades NMS Communications (Nasdaq: NMSS) from Buy to Strong Buy after Q1 earnings results.
04/19/2005 08:00:52 AM
StreetInsider Alert for CPO
Apr 19, 2005 (streetinsider.com via COMTEX) --Corn Products (NYSE: CPO) reports Q1 earnings of $0.22 per share, in-line with estimates. Q1 revenues were $566.5 million, lower than analysts estimates of $578.8 million. CPO Guides in-line with full-year earnings outlook.
04/19/2005 08:00:51 AM
StreetInsider Alert for NVLS
Apr 19, 2005 (streetinsider.com via COMTEX) --Piper Jaffray upgrades Novellus (Nasdaq: NVLS) from Underperform to Market Perform afte positive earnings results-Price target $30.
04/19/2005 08:00:50 AM
StreetInsider Alert for MDC
Apr 19, 2005 (streetinsider.com via COMTEX) --MDC Holdings (NYSE: MDC) reports Q1 earnings of $1.86 per share, 8 cents better than estimates. Q1 revenues were $933.9 million, higher than analysts estimates of $898.06 million.
04/19/2005 08:00:50 AM
StreetInsider Alert for VRNT
Apr 19, 2005 (streetinsider.com via COMTEX) --UBS Securities upgrades Verint Systems (Nasdaq: VRNT) from Reduce to Neutral, telling clients recent dip in stock price presents a good entry point.
04/19/2005 08:00:49 AM
StreetInsider Alert for TASR
Apr 19, 2005 (streetinsider.com via COMTEX) --Taser Int'l (Nasdaq: TASR) reported Q1 revenues of $10.2 million, higher than analysts estimates of $10.08 million.
04/19/2005 08:00:48 AM
StreetInsider Alert for ADBE
Apr 19, 2005 (streetinsider.com via COMTEX) --Deutsche Bank upgrades Adobe Systems (Nasdaq: ADBE) from Hold to Buy after acquisition announcement.
04/19/2005 08:00:47 AM
StreetInsider Alert for DHI
Apr 19, 2005 (streetinsider.com via COMTEX) --D.R. Horton (NYSE: DHI) reports Q2 earnings of $0.92 per share, 12 cents better than estimates. Q2 revenues were $2.83 billion, higher than analysts estimates of $2.82 billion. DHI reaffirms Q3 earnings and guides higher for full-year outlook.
04/19/2005 08:00:46 AM
StreetInsider Alert for ACO
Apr 19, 2005 (streetinsider.com via COMTEX) --AMCOL Int'l (NYSE: ACO) reports Q1 earnings of $0.23 per share, 5 cents better than estimates. Q1 revenues were $122.1 million, higher than analysts estimates of $112.66 million.
04/19/2005 08:00:45 AM
StreetInsider Alert for KO
Apr 19, 2005 (streetinsider.com via COMTEX) --Coca-Cola (NYSE: KO) reports Q1 earnings of $0.47 per share, 4 cents better than estimates. Q1 revenues were $5.27 billion, higher than analysts estimates of $5.17 billion. The Company announces $2 billion stock buyback.
04/19/2005 08:00:35 AM
StreetInsider Alert for NCC
Apr 19, 2005 (streetinsider.com via COMTEX) --National City Corp (NYSE: NCC) reports Q1 earnings of $0.74 per share, 5 cents better than estimates.
____________
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 19, 2005, 22:04
LLTC ADLR JNPR DJ:INDU ( ORPH INSM ) RX ARXX BGP NTPA PPDI PLXT BRO N TSS YHOO MIPS PTV YHOO ASPT AV SMDI BCR SYK STX CAKE JNPR INTC CYMI CKFR USNA SGTL BTH KFT SOV CGNX SBSE WM GILD (To Earlier Below)
04/19/2005 05:50:46 PM
StreetInsider Alert for LLTC
Apr 19, 2005 (streetinsider.com via COMTEX) --Linear Technology Corp (Nasdaq: LLTC) reported Q3 EPS of $0.39, 7 cents better than estimates. Revenues came in at $290.7 million versus the consensus of $250.63 million. Sees Q4 revenue of $255-$258 million versus the consensus of $259.65 million.
04/19/2005 05:50:45 PM
StreetInsider Alert for ADLR
Apr 19, 2005 (streetinsider.com via COMTEX) --Adolor Corporation (Nasdaq: ADLR) said the FDA has extended the Prescription Drug User Fee Act (PDUFA) target action date from April 25, 2005 to July 25, 2005 for the completion of its review of the New Drug Application for Entereg capsules for the management of postoperative ileus.
04/19/2005 05:20:40 PM
StreetInsider Alert for JNPR
Apr 19, 2005 (streetinsider.com via COMTEX) --Juniper Networks (Nasdaq: JNPR) sees Q2 EPS of $0.17 versus the consensus of $0.16 and revenue of $470-$475 million versus the consensus of $457.98 million.
04/19/2005 05:10:40 PM
StreetInsider Alert for DJ:INDU
Apr 19, 2005 (streetinsider.com via COMTEX) --The Dow finished 56.16 points higher to close at 10,127, the Nasdaq rose 19.44 points to close at 1,932, and the S&P 500 gained 6.80 points to close at 1,152.
The markets closed out the trading session in the green today as lower wholesale prices eased fears of higher inflation, bond yields fell, and earnings remained strong to spur a sweeping rally.
Volume was heavy with 2.13 billion shares trading on the NYSE and 1.85 billion on the Nasdaq. Advancers outpaced decliners today by a margin of 24:8 on the NYSE and by 21:9 on the Nasdaq.
In individual stories, Orphan Medical, Inc. (Nasdaq: ORPH) closed 22.92% higher after privately held Jazz Pharmaceuticals, Inc. agreed to acquire the Company for $10.75 per share in cash. On the downside, Insmed Incorporated (Nasdaq: INSM) closed 14.39% lower after the Court denied Insmed's motion that a summary judgment, or final verdict, be made in Insmed's favor.
Tomorrow traders will be watching for data from the Fed's Beige Book, CPI, and Core CPI. The CPI and Core CPI are due to hit the wires at 8:30 A.M, and the Fed's Beige Book is scheduled for 2:00 P.M.
04/19/2005 05:00:46 PM
StreetInsider Alert for RX
Apr 19, 2005 (streetinsider.com via COMTEX) --IMS Health Inc (NYSE: RX) reported Q1 EPS of $0.29, 1 cent better than estimates. Revenues came in at $411 million versus the consensus of $396.75 million.
04/19/2005 04:50:48 PM
StreetInsider Alert for ARXX
Apr 19, 2005 (streetinsider.com via COMTEX) --Aeroflex Incorporated (Nasdaq: ARXX) announced the acquisition of the business of JcAIR Test Systems from aerospace and defense supplier, Goodrich Corporation, for $35 million in cash.
04/19/2005 04:50:48 PM
StreetInsider Alert for BGP
Apr 19, 2005 (streetinsider.com via COMTEX) --Borders Group, Inc. (NYSE: BGP) warns for Q1; now projects a first quarter consolidated per share loss of $0.06 to $0.07 versus previously projected consolidated earnings per share of $0.00 to $0.02. Both projections include the impact of non-operating adjustments.
Comparable stores sales at Borders superstores have declined by 0.8% and by 3.0% at Waldenbooks for the quarter.
04/19/2005 04:45:46 PM
StreetInsider Alert for NTPA
Apr 19, 2005 (streetinsider.com via COMTEX) --Netopia, Inc. (Nasdaq: NTPA) agreed to employ Charles Constanti as its new Vice President and Chief Financial Officer.
04/19/2005 04:45:45 PM
StreetInsider Alert for PPDI
Apr 19, 2005 (streetinsider.com via COMTEX) --Pharmaceutical Product Development (Nasdaq: PPDI) reported Q1 EPS of $0.55, 1 cent worse than estimates. Revenues came in at $244.1 million versus the consensus of $215.83 million.
04/19/2005 04:45:45 PM
StreetInsider Alert for PLXT
Apr 19, 2005 (streetinsider.com via COMTEX) --PLX Technology Inc (Nasdaq: PLXT) reported Q1 EPS of $0.00, 1 cent worse than estimates. Revenues came in at $13.2 million versus the consensus of $13.97 million.
04/19/2005 04:40:38 PM
StreetInsider Alert for BRO
Apr 19, 2005 (streetinsider.com via COMTEX) --Brown & Brown Inc (NYSE: BRO) reported Q1 EPS of $0.62, 4 cents better than estimates. Revenues came in at $202.4 million versus the consensus of $196.31 million.
04/19/2005 04:40:37 PM
StreetInsider Alert for N
Apr 19, 2005 (streetinsider.com via COMTEX) --Inco Ltd (NYSE: N) reported Q1 EPS of $1.09, 17 cents better than estimates. Reinstated quarterly dividend of $0.10 per share.
04/19/2005 04:40:37 PM
StreetInsider Alert for TSS
Apr 19, 2005 (streetinsider.com via COMTEX) --Total System Services Inc (NYSE: TSS) reported Q1 EPS of $0.23, 3 cents better than estimates. Revenues came in at $350 million versus the consensus of $323.50 million.
04/19/2005 04:35:45 PM
StreetInsider Alert for YHOO
Apr 19, 2005 (streetinsider.com via COMTEX) --Yahoo! Inc (Nasdaq: YHOO) sees Q2 revenue of $855-$895 million versus the consensus of $842.29 million.
______
04/19/2005 04:35:45 PM
StreetInsider Alert for MIPS
Apr 19, 2005 (streetinsider.com via COMTEX) --MIPS Technologies Inc (Nasdaq: MIPS) reported Q3 EPS of $0.09, in-line with estimates. Revenues came in at $16.8 million versus the consensus of $16.63 million.
04/19/2005 04:35:44 PM
StreetInsider Alert for PTV
Apr 19, 2005 (streetinsider.com via COMTEX) --Pactiv Corp (NYSE: PTV) reported Q1 EPS of $0.17, 1 cent worse than estimates. Revenues came in at $832 million versus the consensus of $838.22 million. Sees Q2 EPS of $0.27-$0.31 versus the consensus of $0.33 and FY05 EPS of $1.23-$1.35 versus the consensus of $1.32.
04/19/2005 04:35:43 PM
StreetInsider Alert for YHOO
Apr 19, 2005 (streetinsider.com via COMTEX) --Yahoo! Inc (Nasdaq: YHOO) reported Q1 EPS of $0.13, 2 cents better than estimates. Revenues came in at $821 million versus the consensus of $795.49 million.
04/19/2005 04:30:51 PM
StreetInsider Alert for ASPT
Apr 19, 2005 (streetinsider.com via COMTEX) --Aspect Communications Corp (Nasdaq: ASPT) reported Q1 EPS of $0.13, 1 cent better than estimates. Revenues came in at $90.6 million versus the consensus of $89.42 million. Sees Q2 EPS of $0.12-$0.14 versus the consensus of $0.15.
04/19/2005 04:30:50 PM
StreetInsider Alert for AV
Apr 19, 2005 (streetinsider.com via COMTEX) --Avaya Inc (NYSE: AV) reported Q2 EPS of $0.07, may not be comparable to the consensus. Revenues came in at $1.22 billion versus the consensus of $1.29 billion.
04/19/2005 04:25:52 PM
StreetInsider Alert for SMDI
Apr 19, 2005 (streetinsider.com via COMTEX) --Sirenza Microdevices Inc (Nasdaq: SMDI) reported a Q1 loss of $0.03, 2 cents worse than estimates. Revenues came in at $12.2 million versus the consensus of $12.31 million.
04/19/2005 04:25:51 PM
StreetInsider Alert for BCR
Apr 19, 2005 (streetinsider.com via COMTEX) --C.R. Bard Inc (NYSE: BCR) reported Q1 EPS of $0.73, 4 cents better than estimates. Revenues came in at $428.6 million versus the consensus of $430.72 million.
04/19/2005 04:25:50 PM
StreetInsider Alert for SYK
Apr 19, 2005 (streetinsider.com via COMTEX) --Stryker Corp (NYSE: SYK) reported Q1 EPS of $0.42, 2 cents better than estimates. Revenues came in at $1.2 billion versus the consensus of $1.18 billion.
04/19/2005 04:20:52 PM
StreetInsider Alert for STX
Apr 19, 2005 (streetinsider.com via COMTEX) --Seagate Technology (NYSE: STX) reported Q3 EPS of $0.45, 8 cents better than estimates. Revenues came in at $1.97 billion versus the consensus of $1.87 billion.
04/19/2005 04:20:51 PM
StreetInsider Alert for CAKE
Apr 19, 2005 (streetinsider.com via COMTEX) --Cheesecake Factory Inc (Nasdaq: CAKE) reported Q1 EPS of $0.24, in-line with estimates. Revenues came in at $268.2 million versus the consensus of $270.60 million.
04/19/2005 04:20:51 PM
StreetInsider Alert for JNPR
Apr 19, 2005 (streetinsider.com via COMTEX) --Juniper Networks (Nasdaq: JNPR) reported Q1 EPS of $0.16, 1 cent better than estimates. Revenues came in at $449.1 million versus the consensus of $440.44 million.
04/19/2005 04:20:50 PM
StreetInsider Alert for INTC
Apr 19, 2005 (streetinsider.com via COMTEX) --Intel Corp (Nasdaq: INTC) reported Q1 EPS of $0.34, 3 cents better than estimates. Revenues came in at $9.4 billion versus the consensus of $9.31 billion.
04/19/2005 04:20:50 PM
StreetInsider Alert for CYMI
Apr 19, 2005 (streetinsider.com via COMTEX) --Cymer Inc (Nasdaq: CYMI) reported Q1 EPS of $0.14, 6 cents better than estimates. Revenues came in at $84.8 million versus the consensus of $80.22 million.
04/19/2005 04:15:53 PM
StreetInsider Alert for CKFR
Apr 19, 2005 (streetinsider.com via COMTEX) --CheckFree Corp (Nasdaq: CKFR) reported Q3 EPS of $0.39, 3 cents better than estimates. Revenues came in at $191.2 million versus the consensus of $189.90 million. Sees FY05 $1.41-$1.43 versus the consensus of $1.38.
04/19/2005 04:15:52 PM
StreetInsider Alert for USNA
Apr 19, 2005 (streetinsider.com via COMTEX) --USANA Health Sciences Inc (Nasdaq: USNA) reported Q1 EPS of $0.45, 3 cents better than estimates. Revenues came in at $76.6 million versus the consensus of $77.60 millon.
______
04/19/2005 04:15:36 PM
StreetInsider Alert for SGTL
Apr 19, 2005 (streetinsider.com via COMTEX) --Sigmatel Inc (Nasdaq: SGTL) reported Q1 EPS of $0.67, 24 cents better than estimates. Revenues came in at $99.3 million versus the consensus of $81.30 million. Sees Q2 $0.48-$0.57 versus the consensus of $0.40.
04/19/2005 04:10:46 PM
StreetInsider Alert for BTH
Apr 19, 2005 (streetinsider.com via COMTEX) --Blyth, Inc. (NYSE: BTH) said earnings per share for the fiscal year ending January 31, 2006 are expected to be between $2.20 and $2.25. Management's previously issued E.P.S. guidance was $2.35 to $2.40 for the full year (consensus is $2.31).
04/19/2005 04:10:46 PM
StreetInsider Alert for KFT
Apr 19, 2005 (streetinsider.com via COMTEX) --Kraft Foods Inc (NYSE: KFT) reported Q1 EPS of $0.41, may not be comparable with estimates. Revenues came in at $8.06 billion versus the consensus of $7.89 billion.
04/19/2005 04:10:45 PM
StreetInsider Alert for SOV
Apr 19, 2005 (streetinsider.com via COMTEX) --Sovereign Bancorp Inc (NYSE: SOV) reported Q1 EPS of $0.46, 2 cents better than estimates.
04/19/2005 04:10:45 PM
StreetInsider Alert for CGNX
Apr 19, 2005 (streetinsider.com via COMTEX) --Cognex Corp (Nasdaq: CGNX) reported Q1 EPS of $0.11, in-line with estimates. Revenues came in at $43.2 million versus the consensus of $42.30 million.
04/19/2005 04:10:44 PM
StreetInsider Alert for SBSE
Apr 19, 2005 (streetinsider.com via COMTEX) --SBS Technologies Inc (Nasdaq: SBSE) reported Q3 EPS of $0.03, 5 cents worse than estimates. Revenues came in at $37.1 million versus the consensus of $37 million.
04/19/2005 04:05:45 PM
StreetInsider Alert for WM
Apr 19, 2005 (streetinsider.com via COMTEX) --Washington Mutual Inc (NYSE: WM) reported Q1 EPS of $1.01 versus the consensus of $0.82. Raised dividend from $0.46 to $0.47.
04/19/2005 04:05:44 PM
StreetInsider Alert for GILD
Apr 19, 2005 (streetinsider.com via COMTEX) --Gilead Sciences Inc (Nasdaq: GILD) reported Q1 EPS of $0.34, 5 cents better than estimates. Revenues came in at $430.4 million versus the consensus of $396.94 million.
~~~ Don't Trade Alone ~~~ [ ALT + BACK ARROW ] to Return
MMM HSY DVA (+ Briefing.com ) (To Earlier Below)
04/19/2005 03:45:34 PM
StreetInsider Alert for MMM
Apr 19, 2005 (streetinsider.com via COMTEX) --3M Co (NYSE: MMM) issued the following statement from W. James McNerney, Jr., chairman of the board and CEO, in response to ongoing speculation about other available CEO positions: "As I've said before, I am very happy at 3M and believe strongly in the company's future. I have no plans to leave in any foreseeable time frame. Rumors notwithstanding, I am not a candidate for any other job, including Boeing (NYSE: BA)."
04/19/2005 03:40:39 PM
StreetInsider Alert for HSY
Apr 19, 2005 (streetinsider.com via COMTEX) --The Hershey Company (NYSE: HSY) approved an authorization to acquire up to $250 million of Hershey's Common Stock. The Board anticipates it will take from 18 to 24 months to complete the authorized repurchase, subject to market conditions. Acquired shares of the Common Stock will be held as Treasury shares.
______
04/19/2005 03:00:31 PM
Briefing.com: Hourly In Play (R) - 15:00 ET
[Briefing.com Stock Information]
Apr 19, 2005 (Briefing.com via COMTEX) --Hourly In Play (R)
Updated: 19-Apr-05 15:00 ET
14:54
DVA DaVita announces C.F.O. departure (41.65 -0.13)
Co announced that Denise Fletcher has stepped down as Senior Vice President and C.F.O. effective April 15. This decision was reached by mutual agreement. Tom Kelly, Executive Vice President, will assume the role of acting C.F.O.
14:46
SBUX Starbucks - - Relative Weakness (46.00 -1.00) -- Technical --
The stock displays relative weakness as it continues to slide lower intraday to fresh 6-month lows.
14:43
PSYS Psychiatric Solutions extends advance to 50 day ema/sma at 41.80/41.97 -- session high 41.88 (41.84 +2.11) -- Technical --
14:25
FLS Flowserve pushes higher intraday to notch a new 3-month high above its March highs near 26.80 (26.93 +0.76) -- Technical --
14:19
MAT 200 Day-Alert -- Mattel sets new session high but nearing resistance at yesterday's recovery high/200 sma at 18.65/18.68 (18.62 +0.34) -- Technical --
Briefing.com is the leading Internet provider of live market analysis for U.S. Stock, U.S. Bond and world FX market participants. 1-800-752-3013 or http://www.briefing.com
Copyright (C) 2005 Briefing.com, Inc. All rights reserved.
04/19/2005 02:55:36 PM
StreetInsider Alert for DVA
Apr 19, 2005 (streetinsider.com via COMTEX) --DaVita Inc. (NYSE: DVA) announced that Denise Fletcher has stepped down as Senior Vice President and Chief Financial Officer effective April 15, 2005. This decision was reached by mutual agreement.
~~~ Guidance For Trades ~~~ [ ALT + BACK ARROW ] to Return
NAFC DJ:INDU GM MCU LLY DJ:INDU ALA BSX STT (To Earlier Below)
04/19/2005 01:40:46 PM
StreetInsider Alert for NAFC
Apr 19, 2005 (streetinsider.com via COMTEX) --Nash Finch Company (Nasdaq: NAFC) announced that its board of directors has declared a regular quarterly cash dividend of 18 cents per share of common stock. The dividend is payable June 10, 2005 to shareholders of record at the close of business on May 27, 2005. It is the Company's 315th consecutive quarterly cash dividend, and represents an increase from the 13.5 cents per share declared for the previous quarter. There are 12,686,053 shares of common stock outstanding.
04/19/2005 01:40:46 PM
StreetInsider Alert for DJ:INDU
Apr 19, 2005 (streetinsider.com via COMTEX) --4/19: Streetinsider.com's Unusual 11 Afternoon Movers:
Orphan Medical, Inc. (Nasdaq: ORPH) 23.27% HIGHER; Jazz Pharmaceuticals, Inc. agreed to acquire the Company for $10.75 per share in cash.
ADC (Nasdaq: ADCT) 21.28% HIGHER; announced one-for-seven reverse stock split and raised Q2 guidance.
ICU Medical ((Nasdaq: ICUI) 17.91% HIGHER; Soleil upgraded the stock following Q1 report.
Genta Incorporated (Nasdaq: GNTA) 15.31% HIGHER; preclinical data has shown that Genasense may enhance the anti-tumor activity of Iressa.
Insmed Incorporated (Nasdaq: INSM) 14.39% LOWER; Court denied Insmed's motion that a summary judgment, or final verdict, be made in Insmed's favor. The Court granted Insmed's motion to dismiss the plaintiffs' complaint as originally written, but allowed the plaintiffs 30 days to amend and resubmit their complaint.
Capstone Turbine (Nasdaq: CPST) 13.01% HIGHER; announced follow-on orders from distributors in Italy and in Russia.
Lionbridge Technologies Inc (Nasdaq: LIOX) 12.25% LOWER; reported disapponting Q1 results.
EMC Corp (NYSE: EMC) 12.02% HIGHER; reported impressive Q1 results.
NMS Communications Corporation (Nasdaq: NMSS) 10.86% HIGHER; reported impressive Q1 results.
State Street (NYSE: STT) 8.08% HIGHER; reported impressive Q1 results.
Krispy Kreme Doughnuts Inc (NYSE: KKD) 7.14% LOWER; delayed 10-k filing.
04/19/2005 12:35:44 PM
StreetInsider Alert for GM
Apr 19, 2005 (streetinsider.com via COMTEX) --General Motors Corp's (NYSE: GM) CFO says a dividend cut is NOT being considered, as had been rumored.
04/19/2005 11:50:38 AM
StreetInsider Alert for MCU
Apr 19, 2005 (streetinsider.com via COMTEX) --Medicure Inc. (AMEX: MCU) said following a meeting of the independent Data Safety Monitoring Board, the Company has received a recommendation to continue its Phase II/III MEND-CABG trial. This recommendation is based on their recent review of the safety data in the majority of patients who have completed 30 days of treatment following Coronary Artery Bypass Graft surgery.
04/19/2005 11:45:40 AM
StreetInsider Alert for LLY
Apr 19, 2005 (streetinsider.com via COMTEX) --General Electric Company (NYSE: GE), through GE Global Research and GE Healthcare, along with Eli Lilly and Company (NYSE: LLY) announced a joint research collaboration intended to accelerate the discovery and development of new diagnostics and therapeutics for Alzheimer's Disease. The research collaboration is intended to focus on beta-amyloid, a protein in the brain that is believed to play a key role in the progression of the disease.
04/19/2005 10:40:39 AM
StreetInsider Alert for DJ:INDU
Apr 19, 2005 (streetinsider.com via COMTEX) --4/19: Streetinsider.com's Unusual 8 Morning Movers:
Orphan Medical, Inc. (Nasdaq: ORPH) 22.92% HIGHER; privately held Jazz Pharmaceuticals, Inc. agreed to acquire the Company for $10.75 per share in cash.
ADC (Nasdaq: ADCT) 19.15% HIGHER; announced one-for-seven reverse stock split and raised Q2 guidance.
Genta Incorporated (Nasdaq: GNTA) 13.27% HIGHER; preclinical data has shown that Genasense may enhance the anti-tumor activity of Iressa.
NMS Communications Corporation (Nasdaq: NMSS) 12.36% HIGHER; reported impressive Q1 results. In addition, First Albany upgraded the stock.
ICU Medical ((Nasdaq: ICUI) 11.65% HIGHER; Soleil upgraded the stock from Hold to Buy following Q1 report.
Lionbridge Technologies Inc (Nasdaq: LIOX) 11.07% LOWER; reported disapponting Q1 results.
Steel Tech (Nasdaq: STTX) 9.08% HIGHER; reported Q2 earnings 9 cents better than estimates.
Lincare Holdings Inc (Nasdaq: LNCR) 4.52% LOWER; reported disappointing Q1 results. In addition, UBS downgraded the stock.
04/19/2005 10:15:35 AM
StreetInsider Alert for ALA
Apr 19, 2005 (streetinsider.com via COMTEX) --Alcatel (NYSE: ALA) names Mike Quigley as COO.
04/19/2005 10:05:45 AM
StreetInsider Alert for BSX
Apr 19, 2005 (streetinsider.com via COMTEX) --Boston Scientific (NYSE: BSX) reports Q1 earnings of $0.51, in-line with the consensus. Revenues came in at $1.62 billion versus the consensus of $1.61 billion.
04/19/2005 09:30:51 AM
StreetInsider Alert for STT
Apr 19, 2005 (streetinsider.com via COMTEX) --Merrill Lynch upgraded State Street Corporation (NYSE: STT) from Neutral to Buy. The firm views Q1 results as an inflection point in earnings growth.
~~~ Consistency In Trading ~~~ [ ALT + BACK ARROW ] to Return
EDO JNJ WYE PXG FALC JNJ RTN SY WPTE IMMR ENMD HYC CYTR TXU BTU MGG AXJ HTI CUB VICL AMGN UVN PAYX ASO FCX SONS PRXL CECE ERJ RBAK GLK BRCM BDN ITW XL GNA MEL CHK JNJ DRIV IPG WFC TER GNTA PBY TU CNP OMC NRG CEGE APD JRCC PRXL DUSA BOBJ TER CDWC JNJ BUCY GPRO ORPH AMED TKR PSRC SVU MAGS MAN ACTG LOGI AAP HYDL JCI EMC ACTL ICUI LU BIOI ASD PFE RSH VIAB NMSS CPO NVLS MDC VRNT TASR ADBE DHI ACO KO NCC
04/19/2005 09:25:43 AM
StreetInsider Alert for EDO
Apr 19, 2005 (streetinsider.com via COMTEX) --EDO Corporation (NYSE: EDO) has been awarded a contract by the Office of Naval Research (ONR) valued at up to $3.2 million to provide engineering services and program support. The cost plus fixed-fee contract includes a one-year base with four one-year option periods.
04/19/2005 09:10:42 AM
StreetInsider Alert for JNJ
Apr 19, 2005 (streetinsider.com via COMTEX) --UPDATE: Johnson & Johnson Inc (NYSE: JNJ) sees FY05 EPS in the range of $3.41-$3.43, versus the consensus is $3.40.
______
04/19/2005 09:15:36 AM
StreetInsider Alert for WYE
Apr 19, 2005 (streetinsider.com via COMTEX) --Wyeth (NYSE: WYE) said the European Commission has approved InductOs for the treatment of single level anterior lumbar spine fusions as a substitute for autogenous bone graft in adults with degenerative disc disease who have had at least six months of nonoperative treatment for this condition. InductOs has been approved by the European authorities since 2002 for the treatment of acute tibia fractures in adults, as an adjunct to standard care using open fracture reduction and intramedullary nail fixation.
04/19/2005 09:15:35 AM
StreetInsider Alert for PXG
Apr 19, 2005 (streetinsider.com via COMTEX) --Phoenix Footwear Group, Inc. (Amex: PXG) announced that it has signed a definitive asset purchase agreement to acquire Chambers Belt Company, a leading manufacturer of men's and women's belts and accessories.
Under the terms of the definitive agreement, Phoenix Footwear will pay $21.5 million for the assets of Chambers Belt, which will be funded through a combination of cash and Phoenix Footwear common stock. The cash portion of the purchase price is expected to be funded through new debt financing. In addition, Phoenix Footwear will pay $3.0 million in non-compete payments over a five year period and earn-out payments to be made in either cash and Phoenix Footwear common stock during the two years after closing, provided that the Chambers Belt business exceeds earnings performance targets during that period.
______
04/19/2005 09:10:43 AM
StreetInsider Alert for FALC
Apr 19, 2005 (streetinsider.com via COMTEX) --FalconStor Software, Inc. (Nasdaq: FALC) announced that Toshiba Information Systems UK, a provider of consumer electronics and business communication systems, has chosen FalconStor's IPStor® Enterprise Edition software to manage a resilient storage area network and provide for disaster recovery operations. IPStor software will be implemented and integrated by FalconStor partner Redstor.
04/19/2005 09:10:42 AM
StreetInsider Alert for JNJ
Apr 19, 2005 (streetinsider.com via COMTEX) --UPDATE: Johnson & Johnson Inc (NYSE: JNJ) sees FY05 EPS in the range of $3.41-$3.43, versus the consensus is $3.40.
______
04/19/2005 09:05:42 AM
StreetInsider Alert for RTN
Apr 19, 2005 (streetinsider.com via COMTEX) --Raytheon Company (NYSE: RTN) has been awarded a $12.5 million subcontract from Northrop Grumman Corporation's ship systems sector for Life Cycle Engineering and Support for the LPD 17 class of amphibious warfare ships.
______
04/19/2005 09:00:56 AM
StreetInsider Alert for SY
Apr 19, 2005 (streetinsider.com via COMTEX) --Sybase, Inc (NYSE: SY) reports Q1 earnings of $0.22 per share, 1 cent better than estimates. Revenues came in at $191.9 million versus the consensus $190.5 million.
04/19/2005 09:00:45 AM
StreetInsider Alert for WPTE
Apr 19, 2005 (streetinsider.com via COMTEX) --WPT Enterprises, Inc. (Nasdaq: WPTE) said Steven Lipscomb, its President and CEO, has withdrawn his structured trading plan to sell shares of WPTE's common stock. Mr. Lipscomb previously had a Rule 10b5-1 trading plan in place that allowed for the sale of up to 450,000 shares of common stock through March of 2006.
______
04/19/2005 08:55:39 AM
StreetInsider Alert for IMMR
Apr 19, 2005 (streetinsider.com via COMTEX) --Immersion Corporation (Nasdaq: IMMR) announced that Hip Interactive has entered into a patent license with Immersion, including rights for advanced vibro-tactile, spinning mass, gaming technologies.
Under the terms of the license, Hip Interactive's Hip Gear products featuring vibration feedback will now bear the Immersion Feel The Game TouchSense Technology logo. Hip Gear video game peripherals for consoles such as the Sony PlayStation and PlayStation 2, Microsoft Xbox, and Nintendo GameCube are available through leading North American retailers such as Blockbuster, EB Games, Target, Wal-Mart Canada, Zellers, and CompUSA.
04/19/2005 08:55:39 AM
StreetInsider Alert for ENMD
Apr 19, 2005 (streetinsider.com via COMTEX) --EntreMed, Inc. (Nasdaq: ENMD) announced the presentation of preclinical data for its Proteinase Activated Receptor Inhibitor program.
Data from the Company's preclinical studies indicate that its PAR-2 antagonists inhibit tumor growth and the formation of new blood vessels in animal models. PAR-2 antagonists also demonstrated inhibition of inflammation in preclinical rheumatoid arthritis and acute inflammation models. Antagonists of PAR-2 signaling demonstrate a potential relationship between the onset of inflammation and the regulation of tumor growth and angiogenesis.
04/19/2005 08:50:44 AM
StreetInsider Alert for HYC
Apr 19, 2005 (streetinsider.com via COMTEX) --Hypercom Corporation (NYSE: HYC) announced that ICICI Bank, the second largest financial institution in India had purchased 5,000 T7Plus EMV-certified credit/debit card payment terminals. The terminals and associated software will be rolled out to retail merchants throughout the country over the next two months, equipping them with compact countertop units distinguished by their reliability, fast input functions and high-speed printing.
04/19/2005 08:50:32 AM
StreetInsider Alert for CYTR
Apr 19, 2005 (streetinsider.com via COMTEX) --CytRx Corporation (Nasdaq: CYTR) announced the completion of a meeting with representatives of the FDA prior to the submission of the Company's Investigational New Drug application for its lead small molecule drug candidate arimoclomol for the treatment of amyotrophic lateral sclerosis (ALS, or Lou Gehrig's disease).
______
04/19/2005 08:45:40 AM
StreetInsider Alert for TXU
Apr 19, 2005 (streetinsider.com via COMTEX) --Credit Suisse First Boston initiated coverage on TXU Corporation (NYSE: TXU) with an Outperform rating; $93.00 price target.
04/19/2005 08:43:24 AM
StreetInsider Alert for BTU
Apr 19, 2005 (streetinsider.com via COMTEX) --Peabody Energy Corp (NYSE: BTU) reports Q1 earnings of $0.39 per share, 8 cents better than estimates. Revenues came in at $1.08 billion versus the consensus of $990.8 million. Sees FY05 EPS of $2.50-$3.10 versus the consensus of $2.82
04/19/2005 08:40:50 AM
StreetInsider Alert for MGG
Apr 19, 2005 (streetinsider.com via COMTEX) --MGM Mirage (NYSE: MGG) reports Q1 earnings of $0.87 per share, 12 cents better than estimates. Revenues came in at $1.2 billion versus the consensus of $1.16 billion. Sees Q2 EPS of $0.70-$0.75 versus the consensus of $0.74.
04/19/2005 08:40:50 AM
StreetInsider Alert for AXJ
Apr 19, 2005 (streetinsider.com via COMTEX) --AXM Pharma, Inc. (AMEX: AXJ) announced that the Company has signed a $362,756 distribution agreement with Chengdu Xianhu Commercial Co. Ltd for Company's line of Whisper feminine hygiene products in the Sichuan territory and signed a $241,837 distribution agreement with Tianjin Jiashi Commercial Trade Co. Ltd for Company's line of Whisper feminine hygiene products in the Tianjin territory. The total of the two contracts is $604,593.
04/19/2005 08:40:49 AM
StreetInsider Alert for HTI
Apr 19, 2005 (streetinsider.com via COMTEX) --Halozyme Therapeutics, Inc. (Amex: HTI) announced it has received 510(k) clearance from the U.S. Food and Drug Administration (FDA) for Cumulase for the treatment of oocytes to facilitate certain in vitro fertilization (IVF) procedures. The active pharmaceutical ingredient in Cumulase is the first and only recombinant human hyaluronidase approved in the United States for cumulus removal in the IVF process.
______
04/19/2005 08:37:20 AM
StreetInsider Alert for CUB
Apr 19, 2005 (streetinsider.com via COMTEX) --The defense segment of Cubic Corporation (AMEX: CUB) has won a $16 million contract to provide additional Multiple Integrated Laser Engagement Systems, or MILES 2000, to U.S. Army troops at Fort Polk, La. The equipment will support training rotations at the Joint Readiness Training Center (JRTC) -- the U.S. Army's premier training center for light infantry and special operations units.
04/19/2005 08:37:19 AM
StreetInsider Alert for VICL
Apr 19, 2005 (streetinsider.com via COMTEX) --Vical Incorporated (Nasdaq: VICL) announced that initial human testing of an investigational vaccine targeting West Nile virus (WNV) has begun at the National Institutes of Health's (NIH) Clinical Center in Bethesda, MD. The vaccine, based on Vical's proprietary DNA delivery technology, was co-developed at the National Institute of Allergy and Infectious Diseases' (NIAID) Vaccine Research Center (VRC) and at Vical. Vical manufactured research and clinical supplies of the vaccine, and has an option to exclusive commercialization rights.
04/19/2005 08:37:18 AM
StreetInsider Alert for AMGN
Apr 19, 2005 (streetinsider.com via COMTEX) --Legg Mason assumed coverage on Amgen Inc. (Nasdaq: AMGN) with a Buy rating; $68.00 price target. The firm as assuming coverage on the stock and sees AMGN's solid performance giving investors a safe haven.
04/19/2005 08:37:17 AM
StreetInsider Alert for UVN
Apr 19, 2005 (streetinsider.com via COMTEX) --Legg Mason initiated coverage on Univision Communications Inc. (NYSE: UVN) with a Buy rating; $33.00 price target.
04/19/2005 08:35:49 AM
StreetInsider Alert for PAYX
Apr 19, 2005 (streetinsider.com via COMTEX) --Morgan Stanley initiated coverage on Paychex, Inc. (Nasdaq: PAYX) with an Overweight rating; $38.00 price target. The firm based their rating on the company's position, which is #1, in the small business payroll servicing sector.
04/19/2005 08:35:48 AM
StreetInsider Alert for ASO
Apr 19, 2005 (streetinsider.com via COMTEX) --AmSouth Banc (NYSE: ASO) reports Q1 earnings of $0.50 per share, 2 cents better than estimates.
04/19/2005 08:35:28 AM
StreetInsider Alert for FCX
Apr 19, 2005 (streetinsider.com via COMTEX) --Freeport-McMoRan (NYSE: FCX) reports Q1 earnings of $0.70 per share, 6 cents better than estimates. Rvenues came in at $803.1 million versus the consensus of $794.5 million.
04/19/2005 08:35:27 AM
StreetInsider Alert for SONS
Apr 19, 2005 (streetinsider.com via COMTEX) --Credit Suisse First Boston upgraded Sonus Networks, Incorporated (Nasdaq: SONS) from Neutral to Outperform. In the firm's opinion SONS remains competitively well positioned in the carrier VoIP market, which remains one of the healthiest product segments within the communications infrastructure industry.
04/19/2005 08:35:27 AM
StreetInsider Alert for PRXL
Apr 19, 2005 (streetinsider.com via COMTEX) --Jefferies Group downgraded Parexel International Corporation (Nasdaq: PRXL) from Hold to Underperform; target price decreased from $22.00 to $16.00. The firm expects the lack of visibility, rev growth, and further restructurings to pressure the stock. Bear Stearns downgraded the stock from Peer Perform to Underperform. The firm lowered their rating based on negative Q3 pre-announcement. They see a further decline in the shares likely when Parexel reports 3Q results. They mentioned that Parexel will also begin expensing stock options in FY1Q06.
04/19/2005 08:35:26 AM
StreetInsider Alert for CECE
Apr 19, 2005 (streetinsider.com via COMTEX) --CECO Environmental Corp. (Nasdaq: CECE) said it received $5.6 million in three new orders. One order is for a $3.4 million pollution control system for an Ethanol plant in Nebraska and another order is for a $1.0 million thermal oxidizer for an Ethanol manufacturer in Wisconsin. The third order is for a $1.23 million ventilation project for a foundry in the Southwestern, U.S.
______
04/19/2005 08:27:40 AM
StreetInsider Alert for ERJ
Apr 19, 2005 (streetinsider.com via COMTEX) --Salomon Smith Barney upgraded Embraer Empresa Brasileira de Aeronautica SA (NYSE: ERJ) from Sell to Hold; target price increased from $26.00 to $33.00. The firm based their upgrade on ERJ's valuation. In addition, the firm believes the following: 1) the mkt has a better understanding of potential risks; 2) US Airways' eventual disappearance should not occur with a "bang," but with a long, slow whimper; and 3) the stock's YTD underperformance makes this a decent entry point.
04/19/2005 08:25:48 AM
StreetInsider Alert for RBAK
Apr 19, 2005 (streetinsider.com via COMTEX) --Redback Networks Inc. (Nasdaq: RBAK) announced that Germany's second largest fixed-line telecommunications carrier is evolving its consumer and business broadband network by adding next-generation Redback SmartEdge Service Gateway systems.
04/19/2005 08:25:47 AM
StreetInsider Alert for GLK
Apr 19, 2005 (streetinsider.com via COMTEX) --JP Morgan upgraded Great Lakes Chemical Corporation (NYSE: GLK) from Underweight to Neutral. The firm raised their rating based on valuation.
04/19/2005 08:25:47 AM
StreetInsider Alert for BRCM
Apr 19, 2005 (streetinsider.com via COMTEX) --Broadcom Corporation (Nasdaq: BRCM) announced a strategic partnership to provide wireless technology for Nintendo's next generation gaming systems.
04/19/2005 08:25:46 AM
StreetInsider Alert for BDN
Apr 19, 2005 (streetinsider.com via COMTEX) --JP Morgan initiated coverage on Brandywine Realty Trust (NYSE: BDN) with an Overweight rating. The firm believes BDN's tight geographic focus allows it to be a "local sharpshooter" in its mkts.
04/19/2005 08:25:46 AM
StreetInsider Alert for ITW
Apr 19, 2005 (streetinsider.com via COMTEX) --Illinois Tool Works Inc (NYSE: ITW) reports Q1 earnings of $1.06 per share, in-line with estimates. Revenues came in at $3.07 billion versus the consensus of $3.06 billion. Sees FY EPS of $5.06-$5.20 versus the consensus of $5.09
______
04/19/2005 08:20:47 AM
StreetInsider Alert for XL
Apr 19, 2005 (streetinsider.com via COMTEX) --Merrill Lynch upgraded XL Capital Ltd (NYSE: XL) fromk Neutral to Buy; $80.00 price target. The firm based their upgrade on valuation.
04/19/2005 08:20:46 AM
StreetInsider Alert for GNA
Apr 19, 2005 (streetinsider.com via COMTEX) --Soleil Securities Corporation initiated coverage on Gerdau Ameristeel Corp (NYSE: GNA) with a Buy rating. The firm based their Buy rating on growth and valuation of the stock. Given a major acquisition completed late last year, they expect GNA to generate cost reductions of about $200 mln.
04/19/2005 08:20:46 AM
StreetInsider Alert for MEL
Apr 19, 2005 (streetinsider.com via COMTEX) --Mellon Financial (NYSE: MEL) reports Q1 earnings of $0.72 per share, which may not comparable to the consensus of $0.44. Also raises its quarterly dividend to $0.20 from $0.18.
04/19/2005 08:20:45 AM
StreetInsider Alert for CHK
Apr 19, 2005 (streetinsider.com via COMTEX) --Harris Nesbitt Gerard initiated coverage on Chesapeake Energy Corporation (NYSE: CHK) with an Outperform rating; $28.00 price target. The firm based their Neutral rating on valuation. They believe that CHK's focus and its model of creating predictable and repeatable growth through an aggressive "acquire and exploit" strategy affords investors attractively priced exposure to a unique natural gas-levered, long-lived reserve, and multi-year drilling inventory story among a crowded field of independents.
04/19/2005 08:20:37 AM
StreetInsider Alert for JNJ
Apr 19, 2005 (streetinsider.com via COMTEX) --Johnson & Johnson (NYSE: JNJ) reports Q1 earnings of $0.97 per share, 5 cents better than estimates. Revenues came in at $12.83 billion versus the consensus of $12.54 billion.
04/19/2005 08:15:50 AM
StreetInsider Alert for DRIV
Apr 19, 2005 (streetinsider.com via COMTEX) --Digital River, Inc. (NASDAQ: DRIV) said its Board of Directors authorized a new share repurchase program of up to $50 million of its outstanding common shares.
04/19/2005 08:15:49 AM
StreetInsider Alert for IPG
Apr 19, 2005 (streetinsider.com via COMTEX) --Credit Suisse First Boston initiated coverage on Interpublic Group of Companies (NYSE: IPG) with an Outperform rating; $20.00 price target. The firm thinks the stock has likely bottomed, and management's turnaround goals are beatable.
04/19/2005 08:15:49 AM
StreetInsider Alert for WFC
Apr 19, 2005 (streetinsider.com via COMTEX) --Wells Fargo (NYSE: WFC) reports Q1 earnings of $1.08 per share, which may not be comparable to the consensus of $1.09 billion. Revenues came in at $8.09 billion versus the consensus of $7.9 billion.
04/19/2005 08:15:48 AM
StreetInsider Alert for TER
Apr 19, 2005 (streetinsider.com via COMTEX) --Wells Fargo downgraded Teradyne Incorporated (NYSE: TER) from Buy to Hold. The firm is downgrading Teradyne as they expect lower guidance on Wednesday. They noted that through their "channel work," they have heard that new orders remain weak.
04/19/2005 08:15:47 AM
StreetInsider Alert for GNTA
Apr 19, 2005 (streetinsider.com via COMTEX) --Genta Incorporated (Nasdaq: GNTA) said preclinical data have shown that Genasense, the Company's lead anticancer drug, may enhance the anti-tumor activity of gefitinib (Iressa(R); AstraZeneca PLC (NYSE: AZN) in non-small cell lung cancer. Gefitinib has been recently approved for clinical treatment of patients with advanced NSCLC. Data shows similar activity with OSI's (Nasdaq: OSIP) Tarceva and Eli Lilly'S (NYSE: LLY) Alimt.
04/19/2005 08:15:47 AM
StreetInsider Alert for PBY
Apr 19, 2005 (streetinsider.com via COMTEX) --RBC Capital Markets initiated coverage on Pep Boys--Manny, Moe & Jack (NYSE: PBY) with an Outperform rating; $22.00 price target. The firm expects significant long term benefits from the company's turnaround strategy.
04/19/2005 08:15:45 AM
StreetInsider Alert for TU
Apr 19, 2005 (streetinsider.com via COMTEX) --RBC Capital Markets downgraded Telus Corporation (NYSE: TU) from Top Pick to Outperform. The firm downgrade the stock given TU's announcement that it intends to implement certain lockout measures if a new collective agreement is not reached before April 25. They believe that while a work stoppage is not being considered at present, mgmt is focused on achieving a settlement and is likely to continue bringing pressure to bear until an agreement is reached.
04/19/2005 08:10:40 AM
StreetInsider Alert for CNP
Apr 19, 2005 (streetinsider.com via COMTEX) --Credit Suisse First Boston initiated coverage on CenterPoint Energy, Inc. (NYSE: CNP) with a Neutral rating; $13.00 price target. The firm's rating is based on valuation and litigation overhang.
04/19/2005 08:10:39 AM
StreetInsider Alert for OMC
Apr 19, 2005 (streetinsider.com via COMTEX) --Credit Suisse First Boston initiated coverage on Omnicom Group Inc (NYSE: OMC) with an Outperform rating; $101.00 price target. In the firm's opinion, the mkt is discounting OMC's relative lack of operational leverage despite its ability to grow profit double over the next 2 years, which is a far superior media growth rate.
04/19/2005 08:10:39 AM
StreetInsider Alert for NRG
Apr 19, 2005 (streetinsider.com via COMTEX) --Credit Suisse First Boston initiated coverage on NRG Energy Inc (NYSE: NRG) with an Outperform rating; $39.00 price target. The firm believes that the recent pull back in NRG's stock to $32 presents an attractive risk, and NRG offers investors the benefits of differentiated financial growth, improving earnings, and improved balance sheet.
______
04/19/2005 08:02:28 AM
StreetInsider Alert for CEGE
Apr 19, 2005 (streetinsider.com via COMTEX) --Cell Genesys, Inc. (Nasdaq: CEGE) reports potential breakthrough in antibody production technology. Today the company's scientists reported today the development of a proprietary gene expression technology that enables the production of full-length monoclonal antibodies at commercially relevant levels from a single production cell line. Moreover, the time required to develop cell lines that can be used for commercial production can be significantly shortened from months to weeks.
04/19/2005 08:02:28 AM
StreetInsider Alert for APD
Apr 19, 2005 (streetinsider.com via COMTEX) --Soleil upgrades Air Products & Chemicals (NYSE: APD) from Hold to Buy on recent dip in stock price.
04/19/2005 08:02:27 AM
StreetInsider Alert for JRCC
Apr 19, 2005 (streetinsider.com via COMTEX) --James River Coal Company (Nasdaq: JRCC) filed a registration statement with the SEC relating to proposed concurrent underwritten public offerings of its common stock and senior notes. A total of 4,200,000 shares of common stock will be offered, of which 1,448,348 shares will be offered by the Company and 2,751,652 shares will be offered by two funds affiliated with Carl Marks Management Company, L.P. The Company concurrently will offer $135 million aggregate principal amount of its Senior Notes due 2015. Neither offering will be conditioned on the other.
04/19/2005 08:02:26 AM
StreetInsider Alert for PRXL
Apr 19, 2005 (streetinsider.com via COMTEX) --Bear Stearns downgrades PAREXEL Int'l (Nasdaq: PRXL) from Peer Perform to Underperform after Q3 earnings warning.
04/19/2005 08:02:26 AM
StreetInsider Alert for DUSA
Apr 19, 2005 (streetinsider.com via COMTEX) --Jefferies initiates coverage on DUSA Pharmaceuticals, Inc. (Nasdaq: DUSA) with a 'buy' rating and $13 price target. The analyst says DUSA is a unique sm-cap company with 100%+ top line growth prospects, expanding gross margins, and strong R&D pipeline.
04/19/2005 08:02:25 AM
StreetInsider Alert for BOBJ
Apr 19, 2005 (streetinsider.com via COMTEX) --J.P. Morgan adds Business Objects (Nasdaq: BOBJ) to the European Focus List, citing positive sales and earnings growth through 2006.
04/19/2005 08:02:24 AM
StreetInsider Alert for TER
Apr 19, 2005 (streetinsider.com via COMTEX) --Wells Fargo downgrades Teradyne (NYSE: TER) from Buy to Hold on lowered earnings outlook.
04/19/2005 08:02:14 AM
StreetInsider Alert for CDWC
Apr 19, 2005 (streetinsider.com via COMTEX) --CDW Corp (Nasdaq: CDWC) reports Q1 earnings of $0.72 per share, 1 cent better than estimates. Revenues came in at $1.48 billion versus the consensus of $1.47 billion.
04/19/2005 08:02:13 AM
StreetInsider Alert for JNJ
Apr 19, 2005 (streetinsider.com via COMTEX) --Johnson & Johnson (NYSE: JNJ) announced a definitive agreement under which Ortho-McNeil Pharmaceutical, Inc., a subsidiary of Johnson & Johnson, would acquire Peninsula Pharmaceuticals, Inc., a privately held biopharmaceutical company focused on developing and commercializing antibiotics to treat life-threatening infections.
The cash-for-stock transaction is valued at approximately $245 million and is expected to close in the second quarter. Upon closing, Johnson & Johnson expects to incur a one-time after-tax charge of approximately $0.08 per share, as substantially all of the purchase price will be expensed as in-process research and development.
04/19/2005 08:02:02 AM
StreetInsider Alert for BUCY
Apr 19, 2005 (streetinsider.com via COMTEX) --Lehman Bros. upgrades Bucyrus Int'l (Nasdaq: BUCY) from Underweight to Equalweight on strong demand-Price target $44.
04/19/2005 08:01:51 AM
StreetInsider Alert for GPRO
Apr 19, 2005 (streetinsider.com via COMTEX) --Gen-Probe's (Nasdaq: GPRO) prototype urine test for PCA3 gene expression may help improve the diagnosis of prostate cancer, according to three early-stage studies presented as posters at the American Association for Clinical Chemistry's 37th Annual Oak Ridge Conference and the Annual Meeting of the American Association for Cancer Research.
04/19/2005 08:01:40 AM
StreetInsider Alert for ORPH
Apr 19, 2005 (streetinsider.com via COMTEX) --Privately held Jazz Pharmaceuticals, Inc. agreed to acquire Orphan Medical, Inc. (Nasdaq: ORPH) for $10.75 per share in cash.
04/19/2005 08:01:40 AM
StreetInsider Alert for AMED
Apr 19, 2005 (streetinsider.com via COMTEX) --Legg Mason upgrades Amedisys (Nasdaq: AMED) from Hold to Buy on positive outlook-Price target $36.
04/19/2005 08:01:36 AM
StreetInsider Alert for TKR
Apr 19, 2005 (streetinsider.com via COMTEX) --Timken (NYSE: TKR) reports Q1 earnings of $0.64 per share, 4 cents better than estimates. Sees Q2 EPS of $0.55-$0.60 versus the consensus of $0.55 and FY05 EPS of $2.05-$2.20 versus the consensus of $2.15.
04/19/2005 08:01:35 AM
StreetInsider Alert for PSRC
Apr 19, 2005 (streetinsider.com via COMTEX) --Stanford upgrades PalmSource (Nasdaq: PSRC) from Hold to Buy based on attractive risk/reward.
______
04/19/2005 08:01:30 AM
StreetInsider Alert for SVU
Apr 19, 2005 (streetinsider.com via COMTEX) --SuperValu (NYSE: SVU) reports Q4 earnings of $0.65 per share, 2 cents better than estimates. Q4 revenues were $4.6 billion, lower than analysts estimates of $4.75 billion. SVU guides lower for full-year 2006 earnings.
04/19/2005 08:01:29 AM
StreetInsider Alert for MAGS
Apr 19, 2005 (streetinsider.com via COMTEX) --Magal Security Systems Ltd. (Nasdaq: MAGS) completed its previously announced registered direct offering of 1,700,000 ordinary shares. The ordinary shares were sold to unaffiliated institutional investors at a purchase price of $9.50 per share and to affiliated investors at a purchase price of $9.92 per share (the closing price of the ordinary shares on the Nasdaq National Market on April 14, 2005) for aggregate gross proceeds of approximately $16.3 million.
04/19/2005 08:01:29 AM
StreetInsider Alert for MAN
Apr 19, 2005 (streetinsider.com via COMTEX) --Manpower (NYSE: MAN) reports Q1 earnings of $0.35 per share, 1 cent worse than estimates. Q1 revenues were $3.76 billion, lower than analysts estimates of $3.81 billion. MAN reaffirms Q2 earnings outlook.
04/19/2005 08:01:21 AM
StreetInsider Alert for ACTG
Apr 19, 2005 (streetinsider.com via COMTEX) --Acacia Research Corporation (Nasdaq: ACTG) (Nasdaq: CBMX) filed a patent infringement lawsuit in the District Court for the Central District of California against Intel Corporation (Nasdaq: INTC) and Texas Instruments Corporation (NYSE: TXN). The lawsuit alleges patent infringement by Intel's Itanium line of microprocessors, and certain series of digital signal processors sold by Texas Instruments.
04/19/2005 08:01:21 AM
StreetInsider Alert for LOGI
Apr 19, 2005 (streetinsider.com via COMTEX) --Logitech Int'l (Nasdaq: LOGI) reports Q4 earnings of $0.83 per share, 1 cent better than estimates. Q4 revenues were $402.6 million, higher than analysts estimates of $381.35 million.
04/19/2005 08:01:20 AM
StreetInsider Alert for AAP
Apr 19, 2005 (streetinsider.com via COMTEX) --Robert W. Baird upgrades Advance Auto Parts (NYSE: AAP) from 'neutral' to 'outperform' and raises its price target from $58 to $62.
04/19/2005 08:01:19 AM
StreetInsider Alert for HYDL
Apr 19, 2005 (streetinsider.com via COMTEX) --First Albany upgrades Hydril Corp (Nasdaq: HYDL) from 'neutral' to 'buy' with a $60 price target, citing valuation.
04/19/2005 08:01:18 AM
StreetInsider Alert for JCI
Apr 19, 2005 (streetinsider.com via COMTEX) --Johnson Controls (NYSE: JCI) reports Q2 earnings of $0.85 per share, 1 cent better than estimates. Q2 revenues were $7.1 billion, higher than analysts estimates of $7.07 billion.
04/19/2005 08:01:18 AM
StreetInsider Alert for EMC
Apr 19, 2005 (streetinsider.com via COMTEX) --EMC Corp (NYSE: EMC) reports Q1 earnings of $0.11 per share, in-line with estimates. Q1 revenues were $2.24 billion, in-line with estimates. EMC reaffirms Q2 and full-year earnings outlook.
04/19/2005 08:01:12 AM
StreetInsider Alert for ACTL
Apr 19, 2005 (streetinsider.com via COMTEX) --Banc of America upgrades Actel (Nasdaq: ACTL) from 'sell' to 'neutral' with a $16 target, citing valuation.
04/19/2005 08:01:11 AM
StreetInsider Alert for ICUI
Apr 19, 2005 (streetinsider.com via COMTEX) --Soleil upgrades ICU Medical ((Nasdaq: ICUI) from 'hold' to 'buy' following Q1 report.
04/19/2005 08:01:09 AM
StreetInsider Alert for LU
Apr 19, 2005 (streetinsider.com via COMTEX) --Lucent Technologies (NYSE: LU) reports Q2 earnings of $0.06 per share, 2 cents better than estimates. Q2 revenues were $2.34 billion, higher than analysts estimates of $2.31 billion.
04/19/2005 08:01:08 AM
StreetInsider Alert for BIOI
Apr 19, 2005 (streetinsider.com via COMTEX) --Bio Rad Laboratories Inc. (AMEX: BIO) disclosed a 6.8% ownership of BioSource International Inc. (Nasdaq: BIOI). On April 6th, Bio Rad offered to acquier BioSource's for $8.50 per share, an offer that was later rejected.
04/19/2005 08:01:07 AM
StreetInsider Alert for ASD
Apr 19, 2005 (streetinsider.com via COMTEX) --American Standard (NYSE: ASD) reports Q1 earnings of $0.47 per share, 1 cent better than estimates. Q1 revenues were $2.34 billion, in-line with estimates. ASD reaffirms Q2 and full-year earnings outlook.
04/19/2005 08:00:58 AM
StreetInsider Alert for PFE
Apr 19, 2005 (streetinsider.com via COMTEX) --Pfizer (NYSE: PFE) reports Q1 earnings of $0.54 per share, 1 cent better than estimates. Q1 revenues were $13.09 billion, higher than analysts estimates of $12.53 billion.
______* Refresh Your Browser *
04/19/2005 08:00:57 AM
StreetInsider Alert for RSH
Apr 19, 2005 (streetinsider.com via COMTEX) --RadioShack (NYSE: RSH) reports Q1 earnings of $0.34 per share, 2 cents better than estimates. Q1 revenues were $1.12 billion, in-line with estimates. RSH sees full-year 2005 earnings between $1.80-1.90, lower than analysts estimates of $2.13.
04/19/2005 08:00:57 AM
StreetInsider Alert for VIAB
Apr 19, 2005 (streetinsider.com via COMTEX) --Viacom B (NYSE: VIAb) reports Q1 earnings of $0.36 per share, 5 cents better than estimates. Q1 revenues were $5.59 billion, higher than analysts estimates of $5.42 billion.
04/19/2005 08:00:56 AM
StreetInsider Alert for NMSS
Apr 19, 2005 (streetinsider.com via COMTEX) --First Albany upgrades NMS Communications (Nasdaq: NMSS) from Buy to Strong Buy after Q1 earnings results.
04/19/2005 08:00:52 AM
StreetInsider Alert for CPO
Apr 19, 2005 (streetinsider.com via COMTEX) --Corn Products (NYSE: CPO) reports Q1 earnings of $0.22 per share, in-line with estimates. Q1 revenues were $566.5 million, lower than analysts estimates of $578.8 million. CPO Guides in-line with full-year earnings outlook.
04/19/2005 08:00:51 AM
StreetInsider Alert for NVLS
Apr 19, 2005 (streetinsider.com via COMTEX) --Piper Jaffray upgrades Novellus (Nasdaq: NVLS) from Underperform to Market Perform afte positive earnings results-Price target $30.
04/19/2005 08:00:50 AM
StreetInsider Alert for MDC
Apr 19, 2005 (streetinsider.com via COMTEX) --MDC Holdings (NYSE: MDC) reports Q1 earnings of $1.86 per share, 8 cents better than estimates. Q1 revenues were $933.9 million, higher than analysts estimates of $898.06 million.
04/19/2005 08:00:50 AM
StreetInsider Alert for VRNT
Apr 19, 2005 (streetinsider.com via COMTEX) --UBS Securities upgrades Verint Systems (Nasdaq: VRNT) from Reduce to Neutral, telling clients recent dip in stock price presents a good entry point.
04/19/2005 08:00:49 AM
StreetInsider Alert for TASR
Apr 19, 2005 (streetinsider.com via COMTEX) --Taser Int'l (Nasdaq: TASR) reported Q1 revenues of $10.2 million, higher than analysts estimates of $10.08 million.
04/19/2005 08:00:48 AM
StreetInsider Alert for ADBE
Apr 19, 2005 (streetinsider.com via COMTEX) --Deutsche Bank upgrades Adobe Systems (Nasdaq: ADBE) from Hold to Buy after acquisition announcement.
04/19/2005 08:00:47 AM
StreetInsider Alert for DHI
Apr 19, 2005 (streetinsider.com via COMTEX) --D.R. Horton (NYSE: DHI) reports Q2 earnings of $0.92 per share, 12 cents better than estimates. Q2 revenues were $2.83 billion, higher than analysts estimates of $2.82 billion. DHI reaffirms Q3 earnings and guides higher for full-year outlook.
04/19/2005 08:00:46 AM
StreetInsider Alert for ACO
Apr 19, 2005 (streetinsider.com via COMTEX) --AMCOL Int'l (NYSE: ACO) reports Q1 earnings of $0.23 per share, 5 cents better than estimates. Q1 revenues were $122.1 million, higher than analysts estimates of $112.66 million.
04/19/2005 08:00:45 AM
StreetInsider Alert for KO
Apr 19, 2005 (streetinsider.com via COMTEX) --Coca-Cola (NYSE: KO) reports Q1 earnings of $0.47 per share, 4 cents better than estimates. Q1 revenues were $5.27 billion, higher than analysts estimates of $5.17 billion. The Company announces $2 billion stock buyback.
04/19/2005 08:00:35 AM
StreetInsider Alert for NCC
Apr 19, 2005 (streetinsider.com via COMTEX) --National City Corp (NYSE: NCC) reports Q1 earnings of $0.74 per share, 5 cents better than estimates.
____________
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.
