AI
| Followers | 71 |
| Posts | 12229 |
| Boards Moderated | 1 |
| Alias Born | 04/01/2000 |
Monday, August 29, 2005 11:05:45 PM
Final - StreetInsider Alerts 08/29/2005 @ 04:55:14 PM
By StreetInsider.com, Investing-News.Com
Aug 29, 2005, 21:22
http://www.investing-news.com/artman/publish/article_1234.shtml
OSTE DJ:INDU ATYT IFX CXR QLGC MCK ANF DJ:INDU ~ Earlier Find `
08/29/2005 04:55:14 PM
StreetInsider Alert for OSTE
Aug 29, 2005 (streetinsider.com via COMTEX) --Osteotech, Inc. (Nasdaq: OSTE) said its Board of Directors has unanimously determined that an unsolicited proposal by the Musculoskeletal Transplant Foundation, a 501 non-profit charity, to acquire all of the outstanding stock of Osteotech, Inc. is inadequate and not in the best interests of Osteotech's shareholders. NOTE: Musculoskeletal Transplant Foundation offered to byy Osteotech for $6.25 per share in cash.
08/29/2005 04:40:18 PM
StreetInsider Alert for DJ:INDU
Aug 29, 2005 (streetinsider.com via COMTEX) --The Dow finished 65.76 points higher to close at 10,463, the Nasdaq rose 16.88 points to close at 2,138, and the S&P 500 gained 7.18 points to close at 1,212. The markets closed out the trading session in the green today as Wall Street's anxiety was eased by a decline in oil prices and a weakening of Hurricane Katrina. Volume was light with 1.57 billion shares trading on the NYSE and 1.23 billion on the Nasdaq. Advancers outpaced decliners today by a margin of 20:12 on the NYSE and by 18:12 on the Nasdaq. In individual stories, Osteotech (Nasdaq: OSTE) closed 27.58% higher after rejecting Musculoskeletal Transplant Foundation's aquisition proposal. On the downside, Ultratech Stepper (Nasdaq: UTEK) closed 7.80% lower after Adams Harkness downgraded the stock. Tomorrow, traders will be watching for economic data on Consumer Confidence, Factory Orders and FOMC Minutes. Consumer Confidence and Factory Orders are due to hit the wire at 10:00 A.M. The FOMC Minutes are expected at 2:00 P.M.
08/29/2005 04:30:18 PM
StreetInsider Alert for ATYT
Aug 29, 2005 (streetinsider.com via COMTEX) --ATI Technologies Inc. (NASDAQ: ATYT) now expects revenues for the fourth quarter to be in the range of $465 - $480 million, compared to the expected range of $550 - $580 million provided on June 23, 2005 and the consensus of $560.85 million.
08/29/2005 04:25:16 PM
StreetInsider Alert for IFX
Aug 29, 2005 (streetinsider.com via COMTEX) --Infineon Technologies AG (NYSE: IFX) announced that it will supply three key components for the Microsoft (Nasdaq: MSFT) Xbox 360(TM) video game and entertainment system. Infineon will provide a removable solid-state memory unit product, a single-chip application-specific integrated circuit (ASIC) wireless game-pad controller that makes cables unnecessary for game play, and an advanced security chip.
08/29/2005 04:15:11 PM
StreetInsider Alert for CXR
Aug 29, 2005 (streetinsider.com via COMTEX) --Cox Radio, Inc. (NYSE: CXR) announced that its Board of Directors has authorized a share repurchase program through which Cox Radio, from time to time, may repurchase up to $100 million of its Class A common stock in the open market or through privately negotiated transactions, with the amount and timing of repurchases to be determined by the Company's management.
08/29/2005 04:10:11 PM
StreetInsider Alert for QLGC
Aug 29, 2005 (streetinsider.com via COMTEX) --QLogic Corporation (Nasdaq: QLGC) announced a definitive agreement to sell its hard disk drive controller and tape drive controller business to Marvell Technology Group Ltd. (Nasdaq: MRVL). Pursuant to the terms of the definitive agreement, the Company will receive $225 million, comprised of $180 million in cash and $45 million in Marvell common stock.
In addition, QLogic's board of directors has authorized a new program to repurchase up to $350 million of the Company's outstanding common stock over the next two years.
08/29/2005 04:10:10 PM
StreetInsider Alert for MCK
Aug 29, 2005 (streetinsider.com via COMTEX) --McKesson Corporation (NYSE: MCK) announced that its Board of Directors has authorized a new repurchase from time to time of up to $250 million of the company's shares of common stock in open market or private transactions. The board's authorization follows the recent completion of a previous $250 million share repurchase program authorized in October 2003.
08/29/2005 04:05:12 PM
StreetInsider Alert for ANF
Aug 29, 2005 (streetinsider.com via COMTEX) --Abercrombie & Fitch Co. (NYSE: ANF) President/COO to resign. August comparable store sales increased 24% compared with the four-week period ended August 28, 2004.
08/29/2005 01:40:38 PM
StreetInsider Alert for DJ:INDU
Aug 29, 2005 (streetinsider.com via COMTEX) --8/29: Streetinsider.com's Unusual 11 Afternoon Movers:
Osteotech (Nasdaq: OSTE) 24.66% HIGHER; rejected Musculoskeletal Transplant Foundation's aquisition proposal.
Salton (NYSE: SFP) 21.30% HIGHER; will sell 52.6% of its ownership interest to Amalgamated Appliance Holdings.
Nutrition 21 (Nasdaq: NXXI) 21.11% HIGHER; FDA approves first qualified health claim for chromium picolinate and risk of Type 2 diabetes.
Panamsat (NYSE: PA) 20.35% HIGHER; will merge with Intelsat for $25 per share in cash, or $3.2 billion.
Abatix Environmental (Nasdaq: ABIX) 16.62% HIGHER; sees momentum as a result of Hurricane Katrina.
Capstone Turbine (Nasdaq: CPST) 12.65% HIGHER; First Albany upgraded the stock.
Micromuse (Nasdaq: MUSE) 10.31% HIGHER; Deutsche Bank upgraded the stock to Buy.
Ultratech Stepper (Nasdaq: UTEK) 9.54% LOWER; Adams Harkness downgraded the stock.
NDCHealth (NYSE: NDC) 6.42% HIGHER; Per Se Technologies (PSTI) will acquire the Compnay for $19.50 per share in cash and stock.
Millennium Cell (Nasdaq: MCEL) 6.14% HIGHER; was granted Phase II funding to continue program with the Department of Defense.
Pinnacle (NYSE: PNK) 3.01% LOWER; the Board approved an increased investment in the Company's two St. Louis area casino projects.
~~~ KwikPOP video? Hmmm- Let me see that again ! ~~~ ~~~ Don't Daytrade Alone !
~~~~~~~~~~~~~~~~~~ [ Opens in a NEW WINDOW ]
SFP DJ:INDU UTEK CNCT CNVR CRM MEDI NTST QMED JDO PKBK TMK HIG TLVT WB O BAX MCEL BMC KMB MDC ACS BJS PIXR PNK CHCI GRIC OPSW CSC HRS WCI RDC WPO PBY MAPS EFJI CPST OVTI NVR CENT PBH MUSE KRI VRTY BC ARDI PTIE ANDW PA Find `
08/29/2005 11:05:07 AM
StreetInsider Alert for SFP RT$
Aug 29, 2005 (streetinsider.com via COMTEX) --Salton, Inc. (NYSE: SFP) entered into a definitive agreement to sell its 52.6% ownership interest in Amalgamated Appliance Holdings Limited (AMAP) to a group of investors led by Interactive Capital (Proprietary) Limited. The Company expects to receive net of expenses of approximately $80 million in connection with the transaction.
08/29/2005 10:50:05 AM
StreetInsider Alert for DJ:INDU
Aug 29, 2005 (streetinsider.com via COMTEX) --8/29: Streetinsider.com's Unusual 8 Morning Movers:
Osteotech (Nasdaq: OSTE RT$) 31.39% HIGHER; rejected Musculoskeletal Transplant Foundation's aquisition proposal.
Nutrition 21 (Nasdaq: NXXI RT$) 24.44% HIGHER; FDA approves first qualified health claim for chromium picolinate and risk of Type 2 diabetes.
Panamsat (NYSE: PA RT$) 20.51% HIGHER; will merge with Intelsat for $25 per share in cash, or $3.2 billion.
Abatix Environmental (Nasdaq: ABIX RT$) 19.72% HIGHER; sees momentum as a result of Hurricane Katrina.
Ultratech Stepper (Nasdaq: UTEK RT$) 14.22% LOWER; Adams Harkness downgraded the stock.
Micromuse (Nasdaq: MUSE RT$) 8.86% HIGHER; Deutsche Bank upgraded the stock to Buy.
NDCHealth (NYSE: NDC RT$) 6.42% HIGHER; Per Se Technologies (PSTI RT$) will acquire the Compnay for $19.50 per share in cash and stock.
Pinnacle (NYSE: PNK RT$) 5.08% LOWER; the Board approved an increased investment in the Company's two St. Louis area casino projects.
08/29/2005 10:30:24 AM
StreetInsider Alert for UTEK RT$
Aug 29, 2005 (streetinsider.com via COMTEX) --Adams Harkness downgrades Ultratech, Inc. (Nasdaq: UTEK) from 'buy' to 'market perform', citing near-term uncertainty created by the departure of the Senior VP of Laser Processing.
08/29/2005 10:00:12 AM
StreetInsider Alert for CNCT RT$
Aug 29, 2005 (streetinsider.com via COMTEX) --AmTech initiates coverage on Connetics Corporation (Nasdaq: CNCT) with a 'buy' rating and $24 price target.
08/29/2005 09:50:15 AM
StreetInsider Alert for CNVR RT$
Aug 29, 2005 (streetinsider.com via COMTEX) --Convera Corporation (NASDAQ: CNVR) executed a long-term contract involving an Excalibur Web indexing system with the U.S. Government. Specific customer and financial terms of the transaction will not be disclosed as Convera is subject to a Non-Disclosure agreement under the terms of the contract.
______ Find
08/29/2005 09:10:13 AM
StreetInsider Alert for CRM RT$
Aug 29, 2005 (streetinsider.com via COMTEX) --Salesforce.com (NYSE: CRM) announced that Air Products & Chemicals, Inc., a leading manufacturer of industrial gases and specialty chemicals, has chosen salesforce.com as its enterprise-wide CRM solution. Air Products' sales and marketing teams worldwide are implementing salesforce.com applications to enhance sales processes, track customer interactions, and coordinate campaigns across multiple businesses. This will allow Air Products to provide more value to their customers by identifying new offerings, responding to customers needs more quickly, and consistently demonstrating sales and operational excellence.
08/29/2005 09:10:12 AM
StreetInsider Alert for MEDI RT$
Aug 29, 2005 (streetinsider.com via COMTEX) --MedImmune, Inc. (Nasdaq: MEDI) licensed worldwide rights from GlaxoSmithKline (NYSE: GSK) to develop certain anti-staphylococcal monoclonal antibodies (MAbs). The program includes BSYX-A110, which is in Phase 2 clinical development for the prevention of serious bloodstream infections caused by Staphylococcus in low-birthweight infants.
______ Find
08/29/2005 09:05:17 AM
StreetInsider Alert for NTST RT$
Aug 29, 2005 (streetinsider.com via COMTEX) --Netsmart Technologies, Inc. (Nasdaq: NTST) announced that Creative has been awarded a $764,000 contract by Wyoming Valley Behavioral Health Services of Wilkes-Barre, Pennsylvania. The contract includes software license, professional services, and maintenance agreements for one year, to install the Avatar suite of human services software, specifically Avatar practice management, managed care, web-based electronic prescriptions, and electronic health records.
08/29/2005 09:05:17 AM
StreetInsider Alert for QMED RT$
Aug 29, 2005 (streetinsider.com via COMTEX) --QMed, Inc., (Nasdaq: QMED) announced that it has been notified by Centers for Medicare and Medicaid Services (CMS) that the Company's Medicare Coordinated Care Demonstration project (MCCD) has been extended for two additional years, and will now end on June 30th, 2008. MCCD is a landmark multi-project study designed to evaluate strategies for coordinating the care of chronically ill beneficiaries in Medicare's vast fee-for-service membership. QMed's coordinated services include the creation and analysis of electronic medical records, decision support for physicians and disease management for patients.
______ Find
08/29/2005 08:50:08 AM
StreetInsider Alert for JDO RT$
Aug 29, 2005 (streetinsider.com via COMTEX) --JED Oil Inc. (AMEX: JDO) announced that its Board of Directors has approved a 3 for 2 stock split. Following Canadian corporate law, JED is seeking approval to amend its Articles of Incorporation for this split by the holders of a two-thirds majority of the shares represented in person or by proxy at the meeting. As such, shareholders of record as of August 29, 2005 are entitled to vote for or against the split at a meeting of shareholders to be held on September 28, 2005. If JED shareholders approve the stock split, it is anticipated the Company's Board of Directors will immediately set the record date for the split. Due to regulatory requirements, the date of record for the stock split cannot be set until after the approval of shareholders. As a result of the stock split, each holder of shares of JED's common stock on the record date will receive three new shares of common stock for each two shares held on that date. Any resulting fractions will be rounded up to the next highest whole number of shares of common stock.
08/29/2005 08:50:07 AM
StreetInsider Alert for PKBK RT$
Aug 29, 2005 (streetinsider.com via COMTEX) --Advest initiates Parke Bancorp (Nasdaq: PKBK) with a Buy; $22 tgt.
08/29/2005 08:50:07 AM
StreetInsider Alert for TMK RT$
Aug 29, 2005 (streetinsider.com via COMTEX) --Lehman Brothers upgrades Torchmark Corporation (NYSE: TMK) from 'equal-weight' to 'overweight' and raises its price target to $60.
08/29/2005 08:50:06 AM
StreetInsider Alert for HIG RT$
Aug 29, 2005 (streetinsider.com via COMTEX) --Lehman downgrades Hartford Financial (NYSE: HIG) from Overweight to Equal-Weight; $76 price target.
______ Find
08/29/2005 08:45:16 AM
StreetInsider Alert for TLVT RT$
Aug 29, 2005 (streetinsider.com via COMTEX) --Telvent GIT S.A. (Nasdaq: TLVT) was awarded a $1.3 million contract by the City of Albuquerque, New Mexico, to upgrade the control and acquisition information system used at the city's water treatment plant.
08/29/2005 08:45:15 AM
StreetInsider Alert for WB RT$
Aug 29, 2005 (streetinsider.com via COMTEX) --Banc of America upgrades Wachovia (NYSE: WB) from Neutral to Buy; $56 price target.
______ Find
08/29/2005 08:40:09 AM
StreetInsider Alert for O RT$
Aug 29, 2005 (streetinsider.com via COMTEX) --AG Edwards upgraded Realty Income (NYSE: O) from Hold to Buy; $25.50 price target.
08/29/2005 08:40:08 AM
StreetInsider Alert for BAX RT$
Aug 29, 2005 (streetinsider.com via COMTEX) --Baxter Healthcare Corporation (NYSE: BAX) received approval from the FDA for Ceftriaxone Injection, USP 1g/50 mL and 2g/50 mL packaged in single-dose plastic containers. Baxter, the only company to offer frozen premixed drugs, will add Ceftriaxone, the generic version of Roche Pharmaceuticals' Rocephin, to its frozen portfolio.
______ Find
08/29/2005 08:35:36 AM
StreetInsider Alert for MCEL RT$
Aug 29, 2005 (streetinsider.com via COMTEX) --Recent momentum mover, Millennium Cell Inc. (NASDAQ: MCEL), announced the award of Phase II funding to continue its program with the U.S. Air Force's Advanced Power Technology Office and the Department of Defense Fuel Cell Test and Evaluation Center operated by Concurrent Technologies Corporation. In the second year of the program, Millennium Cell will develop an advanced solid borohydride fuel module for the 5kW system that was successfully demonstrated at FCTec during the program's first phase. Millennium Cell will deliver the design and critical components of the module that will be constructed and tested by CTC personnel at FCTec.
08/29/2005 08:35:05 AM
StreetInsider Alert for BMC RT$
Aug 29, 2005 (streetinsider.com via COMTEX) --BMC Software, Inc. (NYSE: BMC) announced the resignation of chief financial officer, George Harrington. Stephen B. Solcher, BMC's vice president of finance and treasurer has been appointed as interim CFO, effective immediately. Mr. Solcher will report directly to Bob Beauchamp, president and CEO of BMC Software, Inc.
______ Find
08/29/2005 08:30:13 AM
StreetInsider Alert for KMB RT$
Aug 29, 2005 (streetinsider.com via COMTEX) --Prudential initiates coverage on Kimberly-Clark Corp. (NYSE: KMB) with a 'neutral' rating.
______ Find
08/29/2005 08:20:15 AM
StreetInsider Alert for MDC RT$
Aug 29, 2005 (streetinsider.com via COMTEX) --Banc of America initiates coverage on MDC Holdings Inc. (NYSE: MDC) with a 'neutral' rating.
08/29/2005 08:20:14 AM
StreetInsider Alert for ACS RT$
Aug 29, 2005 (streetinsider.com via COMTEX) --Affiliated Computer Services, Inc. (NYSE: ACS) announced that it has been awarded an additional information technology (IT) outsourcing contract with GlaxoSmithKline (GSK), the second-largest pharmaceutical company in the world. The contract is valued at $100.5 million over five years.
______ Find
08/29/2005 08:15:13 AM
StreetInsider Alert for BJS RT$
Aug 29, 2005 (streetinsider.com via COMTEX) --Susquehanna upgrades BJ Services (NYSE: BJS) from Neutral to Positive.
08/29/2005 08:15:13 AM
StreetInsider Alert for PIXR RT$
Aug 29, 2005 (streetinsider.com via COMTEX) --Harris Nesbitt upgrades Pixar Animation (Nasdaq: PIXR) from Underperform to Outperform; $58 price target.
______ Find
08/29/2005 08:10:21 AM
StreetInsider Alert for PNK RT$
Aug 29, 2005 (streetinsider.com via COMTEX) --Pinnacle Entertainment, Inc. (NYSE: PNK) announced that its Board of Directors has approved an increased level of investment in the Company's two casino projects currently under development in the St. Louis, Missouri area.
08/29/2005 08:10:20 AM
StreetInsider Alert for CHCI RT$
Aug 29, 2005 (streetinsider.com via COMTEX) --Banc of America initiates coverage on Comstock Homebuilding Companies Inc (Nasdaq: CHCI) with a 'neutral' rating.
08/29/2005 08:10:10 AM
StreetInsider Alert for GRIC RT$
Aug 29, 2005 (streetinsider.com via COMTEX) --Equant and GoRemote Internet Communications, Inc. (Nasdaq: GRIC) announced they will deliver a unique Adaptive VPN solution that extends Equant's MPLS-based IP VPN to connect 264 retail stores of The Stride Rite Corporation, a designer and marketer of leading brands of high-quality footwear for children and adults, by using GoRemote's secure managed broadband network services.
08/29/2005 08:10:09 AM
StreetInsider Alert for OPSW RT$
Aug 29, 2005 (streetinsider.com via COMTEX) --Opsware Inc. (NASDAQ: OPSW) announced that TiVo Inc. (NASDAQ: TIVO), the creator and a leader in advertising solutions and television services for digital video recorders (DVRs), has selected Opsware's Server Automation System (SAS) and Network Automation System (NAS) to ensure the highest quality of service to customers as TiVo continues to expand its business. As an integral part of TiVo's growth strategy, Opsware will automate the management of TiVo's mission-critical customer-facing and corporate applications. TiVo selected Opsware automation for its technical superiority, proven success in distributed enterprise environments, and leadership in IT automation.
______ Find
08/29/2005 08:05:15 AM
StreetInsider Alert for CSC RT$
Aug 29, 2005 (streetinsider.com via COMTEX) --Computer Sciences Corporation (NYSE: CSC) announced that it has won a contract to provide comprehensive mission support services to the new Water Security Division within the U.S. Environmental Protection Agency's (EPA) Office of Water. The division was established to address water security and infrastructure protection issues in the wake of the September 11th terrorist attacks. CSC estimates the value of the contract, which has one base year and four one-year options, to be approximately $86 million if all options are exercised.
08/29/2005 08:05:14 AM
StreetInsider Alert for HRS RT$
Aug 29, 2005 (streetinsider.com via COMTEX) --The Board of Directors of Harris Corporation (NYSE: ) has increased the quarterly cash dividend to 8 cents per share, compared to the previous quarterly dividend of 6 cents per share. This dividend is payable September 16, 2005, to shareholders of record September 7, 2005. The 33 percent increase in the cash dividend brings the annual rate to 32 cents per share, on a post-stock-split basis.
______ Find
08/29/2005 08:01:26 AM
StreetInsider Alert for WCI RT$
Aug 29, 2005 (streetinsider.com via COMTEX) --Banc of America initiates coverage on WCI Communities Inc. (NYSE: WCI) with a 'buy' rating and $40 price target.
08/29/2005 08:01:25 AM
StreetInsider Alert for RDC RT$
Aug 29, 2005 (streetinsider.com via COMTEX) --Friedman Billings upgrades Rowan Companies Inc. (NYSE: RDC) from 'market perform' to 'outperform' and raises their price target from $39 to $43.
08/29/2005 08:01:25 AM
StreetInsider Alert for WPO RT$
Aug 29, 2005 (streetinsider.com via COMTEX) --Prudential upgrades Washington Post (NYSE: WPO) from 'underweight' to 'neutral-weight', citing valuation.
______ Find
08/29/2005 08:01:24 AM
StreetInsider Alert for PBY RT$
Aug 29, 2005 (streetinsider.com via COMTEX) --Wachovia upgrades Pep Boys (NYSE: PBY) from 'underperform' to 'market perform'.
08/29/2005 08:01:11 AM
StreetInsider Alert for MAPS RT$
Aug 29, 2005 (streetinsider.com via COMTEX) --J.P. Morgan upgraded MapInfo Corp. (Nasdaq: MAPS) from 'neutral' to 'overwight'.
08/29/2005 08:01:11 AM
StreetInsider Alert for EFJI RT$
Aug 29, 2005 (streetinsider.com via COMTEX) --AG Edwards initiates coverage on EFJ (Nasdaq: EFJI) with a 'buy' rating and $10.50 price target.
08/29/2005 08:01:03 AM
StreetInsider Alert for CPST RT$
Aug 29, 2005 (streetinsider.com via COMTEX) --First Albany upgrades momentum mover, Capstone Turbine (Nasdaq: CPST), from 'neutral' to 'buy' with a $6 price target.
08/29/2005 08:01:03 AM
StreetInsider Alert for OVTI RT$
Aug 29, 2005 (streetinsider.com via COMTEX) --OmniVision Technologies, Inc. (Nasdaq: OVTI) signed a long term agreement with Lenovo Group Limited, China's second largest handset maker, to be the strategic supplier of CMOS camera chips for Lenovo's cellular phone business in China. Prior to this exclusive agreement, OmniVision has already supplied Lenovo with nearly 2 million CMOS sensors since Q4, 2004; a number that is expected to increase significantly under the new agreement.
08/29/2005 08:01:02 AM
StreetInsider Alert for NVR RT$
Aug 29, 2005 (streetinsider.com via COMTEX) --Banc of America initiates coverage on NVR Inc. (AMEX: NVR) with a 'buy' rating and $1025 price target, says company is distinctive among homebuilders.
08/29/2005 08:01:01 AM
StreetInsider Alert for CENT RT$
Aug 29, 2005 (streetinsider.com via COMTEX) --J.P. Morgan downgrades Central Garden & Pet Co. (Nasdaq: CENT) from 'overweight' to 'neutral', citing concern that the pet supply category is slowing after weak results from Petco (Nasdaq: PETC) and Petsmart Inc. (Nasdaq: PETM)
08/29/2005 08:01:01 AM
StreetInsider Alert for PBH RT$
Aug 29, 2005 (streetinsider.com via COMTEX) --CIBC initiates coverage on Prestige Brands (NYSE: PBH) with an 'outperform' rating and $17 price target.
08/29/2005 08:01:00 AM
StreetInsider Alert for MUSE
Aug 29, 2005 (streetinsider.com via COMTEX) --Deutsche Bank upgrades Micromuse (NASDAQ: MUSE) from 'hold' to 'buy' and raises their price target to $9. The firm said checks show the company's pipeline is building up with both carrier and enterprise deals.
08/29/2005 08:00:59 AM
StreetInsider Alert for KRI RT$
Aug 29, 2005 (streetinsider.com via COMTEX) --Prudential downgrades Knight-Ridder (NYSE: KRI) from 'overweight' to 'neutral-weight' and cuts their price target to $69.
08/29/2005 08:00:59 AM
StreetInsider Alert for VRTY RT$
Aug 29, 2005 (streetinsider.com via COMTEX) --Verity Inc. (Nasdaq: VRTY) announced that Bloomberg LP has purchased Verity K2 Enterprise advanced search and classification software as part of Bloomberg's ongoing enhancement of the search functions within its Bloomberg Professional service.
08/29/2005 08:00:58 AM
StreetInsider Alert for BC RT$
Aug 29, 2005 (streetinsider.com via COMTEX) --Smith Barney upgrades Brunswick (NYSE: BC) from 'hold' to 'buy' and raises its price target to $52, citing improving earnings prospects.
08/29/2005 08:00:58 AM
StreetInsider Alert for ARDI RT$
Aug 29, 2005 (streetinsider.com via COMTEX) --Siemens Communications, Inc., and @Road®, Inc. (Nasdaq: ARDI) announced that @Road has selected Siemens MC75 wireless module for use in the @Road iWM(TM) 3150, a mobile Wi-Fi hub that can connect field service professionals to critical data in real time - even as they work on-site.
08/29/2005 08:00:50 AM
StreetInsider Alert for PTIE RT$
Aug 29, 2005 (streetinsider.com via COMTEX) --Pain Therapeutics (Nasdaq: PTIE) announced the filing of a universal shelf registration statement with the U.S. Securities and Exchange Commission (SEC). After the registration statement becomes effective, Pain Therapeutics may, from time-to-time, offer its common stock, preferred stock, depository shares, warrants or debt securities, which in the aggregate may not exceed $150 million.
08/29/2005 08:00:49 AM
StreetInsider Alert for ANDW RT$
Aug 29, 2005 (streetinsider.com via COMTEX) --Andrew Corp (Nasdaq: ANDW) has expanded its market leading Geometrix® mobile location system product line with the acquisition of certain assets of Nortel's (NYSE: NT) wireless location business, augmenting a worldwide offering that supports innovative location-based services for commercial, consumer, and public safety uses.
08/29/2005 08:00:48 AM
StreetInsider Alert for PA RT$
Aug 29, 2005 (streetinsider.com via COMTEX) --Intelsat, Ltd. and PanAmSat Holding Corp (NYSE: PA) announced that the two companies have signed a definitive merger agreement under which Intelsat will acquire PanAmSat for $25 per share in cash, or $3.2 billion.
08/29/2005 08:00:48 AM
StreetInsider Alert for NDC RT$
Aug 29, 2005 (streetinsider.com via COMTEX) --Per-Se Technologies (Nasdaq: PSTI) and NDCHealth Corp (NYSE: NDC) announced that definitive agreements have been signed for the sale of NDCHealth, a leading provider of healthcare technology and information solutions, in a transaction valued at approximately $1 billion. The transaction, after income taxes, debt refinancing and transaction costs, will result in compensation to NDCHealth's shareholders of $19.50 per share, with at least $13.00 paid in cash and up to $6.50 paid in Per-Se stock, as to be determined by Per-Se and to be announced prior to the shareholder meetings.
______ Find
[Editor's Note: UPDATES- THIS URL, with email notification: 8:15am-9:30am (Pre-Market-Open) and after 4:00pm (Final - intended for use next business day); AT INTRADAY MOVERS URL by, or before, 10:50am, 1:50pm and 5:00pm. Bookmark this URL (new one each day), or click your Market Toolbox header "News" link. - df]
Members of The Market Toolbox Club's Yahoo! Group receive emails each time this URL is updated. Or, simply monitor Club notifications by adding to your RSS reader or My Yahoo! or MyMSN
____________
StreetInsider.com Premium's 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
When shown: Copyrights (c) 2005 Briefing.com, Inc. All rights reserved; (c) 2005 Knobias, Inc. All rights reserved.
Copyright (c) 2004 Dialog, a Thomson business. All rights reserved.
By StreetInsider.com, Investing-News.Com
Aug 29, 2005, 21:22
http://www.investing-news.com/artman/publish/article_1234.shtml
OSTE DJ:INDU ATYT IFX CXR QLGC MCK ANF DJ:INDU ~ Earlier Find `
08/29/2005 04:55:14 PM
StreetInsider Alert for OSTE
Aug 29, 2005 (streetinsider.com via COMTEX) --Osteotech, Inc. (Nasdaq: OSTE) said its Board of Directors has unanimously determined that an unsolicited proposal by the Musculoskeletal Transplant Foundation, a 501 non-profit charity, to acquire all of the outstanding stock of Osteotech, Inc. is inadequate and not in the best interests of Osteotech's shareholders. NOTE: Musculoskeletal Transplant Foundation offered to byy Osteotech for $6.25 per share in cash.
08/29/2005 04:40:18 PM
StreetInsider Alert for DJ:INDU
Aug 29, 2005 (streetinsider.com via COMTEX) --The Dow finished 65.76 points higher to close at 10,463, the Nasdaq rose 16.88 points to close at 2,138, and the S&P 500 gained 7.18 points to close at 1,212. The markets closed out the trading session in the green today as Wall Street's anxiety was eased by a decline in oil prices and a weakening of Hurricane Katrina. Volume was light with 1.57 billion shares trading on the NYSE and 1.23 billion on the Nasdaq. Advancers outpaced decliners today by a margin of 20:12 on the NYSE and by 18:12 on the Nasdaq. In individual stories, Osteotech (Nasdaq: OSTE) closed 27.58% higher after rejecting Musculoskeletal Transplant Foundation's aquisition proposal. On the downside, Ultratech Stepper (Nasdaq: UTEK) closed 7.80% lower after Adams Harkness downgraded the stock. Tomorrow, traders will be watching for economic data on Consumer Confidence, Factory Orders and FOMC Minutes. Consumer Confidence and Factory Orders are due to hit the wire at 10:00 A.M. The FOMC Minutes are expected at 2:00 P.M.
08/29/2005 04:30:18 PM
StreetInsider Alert for ATYT
Aug 29, 2005 (streetinsider.com via COMTEX) --ATI Technologies Inc. (NASDAQ: ATYT) now expects revenues for the fourth quarter to be in the range of $465 - $480 million, compared to the expected range of $550 - $580 million provided on June 23, 2005 and the consensus of $560.85 million.
08/29/2005 04:25:16 PM
StreetInsider Alert for IFX
Aug 29, 2005 (streetinsider.com via COMTEX) --Infineon Technologies AG (NYSE: IFX) announced that it will supply three key components for the Microsoft (Nasdaq: MSFT) Xbox 360(TM) video game and entertainment system. Infineon will provide a removable solid-state memory unit product, a single-chip application-specific integrated circuit (ASIC) wireless game-pad controller that makes cables unnecessary for game play, and an advanced security chip.
08/29/2005 04:15:11 PM
StreetInsider Alert for CXR
Aug 29, 2005 (streetinsider.com via COMTEX) --Cox Radio, Inc. (NYSE: CXR) announced that its Board of Directors has authorized a share repurchase program through which Cox Radio, from time to time, may repurchase up to $100 million of its Class A common stock in the open market or through privately negotiated transactions, with the amount and timing of repurchases to be determined by the Company's management.
08/29/2005 04:10:11 PM
StreetInsider Alert for QLGC
Aug 29, 2005 (streetinsider.com via COMTEX) --QLogic Corporation (Nasdaq: QLGC) announced a definitive agreement to sell its hard disk drive controller and tape drive controller business to Marvell Technology Group Ltd. (Nasdaq: MRVL). Pursuant to the terms of the definitive agreement, the Company will receive $225 million, comprised of $180 million in cash and $45 million in Marvell common stock.
In addition, QLogic's board of directors has authorized a new program to repurchase up to $350 million of the Company's outstanding common stock over the next two years.
08/29/2005 04:10:10 PM
StreetInsider Alert for MCK
Aug 29, 2005 (streetinsider.com via COMTEX) --McKesson Corporation (NYSE: MCK) announced that its Board of Directors has authorized a new repurchase from time to time of up to $250 million of the company's shares of common stock in open market or private transactions. The board's authorization follows the recent completion of a previous $250 million share repurchase program authorized in October 2003.
08/29/2005 04:05:12 PM
StreetInsider Alert for ANF
Aug 29, 2005 (streetinsider.com via COMTEX) --Abercrombie & Fitch Co. (NYSE: ANF) President/COO to resign. August comparable store sales increased 24% compared with the four-week period ended August 28, 2004.
08/29/2005 01:40:38 PM
StreetInsider Alert for DJ:INDU
Aug 29, 2005 (streetinsider.com via COMTEX) --8/29: Streetinsider.com's Unusual 11 Afternoon Movers:
Osteotech (Nasdaq: OSTE) 24.66% HIGHER; rejected Musculoskeletal Transplant Foundation's aquisition proposal.
Salton (NYSE: SFP) 21.30% HIGHER; will sell 52.6% of its ownership interest to Amalgamated Appliance Holdings.
Nutrition 21 (Nasdaq: NXXI) 21.11% HIGHER; FDA approves first qualified health claim for chromium picolinate and risk of Type 2 diabetes.
Panamsat (NYSE: PA) 20.35% HIGHER; will merge with Intelsat for $25 per share in cash, or $3.2 billion.
Abatix Environmental (Nasdaq: ABIX) 16.62% HIGHER; sees momentum as a result of Hurricane Katrina.
Capstone Turbine (Nasdaq: CPST) 12.65% HIGHER; First Albany upgraded the stock.
Micromuse (Nasdaq: MUSE) 10.31% HIGHER; Deutsche Bank upgraded the stock to Buy.
Ultratech Stepper (Nasdaq: UTEK) 9.54% LOWER; Adams Harkness downgraded the stock.
NDCHealth (NYSE: NDC) 6.42% HIGHER; Per Se Technologies (PSTI) will acquire the Compnay for $19.50 per share in cash and stock.
Millennium Cell (Nasdaq: MCEL) 6.14% HIGHER; was granted Phase II funding to continue program with the Department of Defense.
Pinnacle (NYSE: PNK) 3.01% LOWER; the Board approved an increased investment in the Company's two St. Louis area casino projects.
~~~ KwikPOP video? Hmmm- Let me see that again ! ~~~ ~~~ Don't Daytrade Alone !
~~~~~~~~~~~~~~~~~~ [ Opens in a NEW WINDOW ]
SFP DJ:INDU UTEK CNCT CNVR CRM MEDI NTST QMED JDO PKBK TMK HIG TLVT WB O BAX MCEL BMC KMB MDC ACS BJS PIXR PNK CHCI GRIC OPSW CSC HRS WCI RDC WPO PBY MAPS EFJI CPST OVTI NVR CENT PBH MUSE KRI VRTY BC ARDI PTIE ANDW PA Find `
08/29/2005 11:05:07 AM
StreetInsider Alert for SFP RT$
Aug 29, 2005 (streetinsider.com via COMTEX) --Salton, Inc. (NYSE: SFP) entered into a definitive agreement to sell its 52.6% ownership interest in Amalgamated Appliance Holdings Limited (AMAP) to a group of investors led by Interactive Capital (Proprietary) Limited. The Company expects to receive net of expenses of approximately $80 million in connection with the transaction.
08/29/2005 10:50:05 AM
StreetInsider Alert for DJ:INDU
Aug 29, 2005 (streetinsider.com via COMTEX) --8/29: Streetinsider.com's Unusual 8 Morning Movers:
Osteotech (Nasdaq: OSTE RT$) 31.39% HIGHER; rejected Musculoskeletal Transplant Foundation's aquisition proposal.
Nutrition 21 (Nasdaq: NXXI RT$) 24.44% HIGHER; FDA approves first qualified health claim for chromium picolinate and risk of Type 2 diabetes.
Panamsat (NYSE: PA RT$) 20.51% HIGHER; will merge with Intelsat for $25 per share in cash, or $3.2 billion.
Abatix Environmental (Nasdaq: ABIX RT$) 19.72% HIGHER; sees momentum as a result of Hurricane Katrina.
Ultratech Stepper (Nasdaq: UTEK RT$) 14.22% LOWER; Adams Harkness downgraded the stock.
Micromuse (Nasdaq: MUSE RT$) 8.86% HIGHER; Deutsche Bank upgraded the stock to Buy.
NDCHealth (NYSE: NDC RT$) 6.42% HIGHER; Per Se Technologies (PSTI RT$) will acquire the Compnay for $19.50 per share in cash and stock.
Pinnacle (NYSE: PNK RT$) 5.08% LOWER; the Board approved an increased investment in the Company's two St. Louis area casino projects.
08/29/2005 10:30:24 AM
StreetInsider Alert for UTEK RT$
Aug 29, 2005 (streetinsider.com via COMTEX) --Adams Harkness downgrades Ultratech, Inc. (Nasdaq: UTEK) from 'buy' to 'market perform', citing near-term uncertainty created by the departure of the Senior VP of Laser Processing.
08/29/2005 10:00:12 AM
StreetInsider Alert for CNCT RT$
Aug 29, 2005 (streetinsider.com via COMTEX) --AmTech initiates coverage on Connetics Corporation (Nasdaq: CNCT) with a 'buy' rating and $24 price target.
08/29/2005 09:50:15 AM
StreetInsider Alert for CNVR RT$
Aug 29, 2005 (streetinsider.com via COMTEX) --Convera Corporation (NASDAQ: CNVR) executed a long-term contract involving an Excalibur Web indexing system with the U.S. Government. Specific customer and financial terms of the transaction will not be disclosed as Convera is subject to a Non-Disclosure agreement under the terms of the contract.
______ Find
08/29/2005 09:10:13 AM
StreetInsider Alert for CRM RT$
Aug 29, 2005 (streetinsider.com via COMTEX) --Salesforce.com (NYSE: CRM) announced that Air Products & Chemicals, Inc., a leading manufacturer of industrial gases and specialty chemicals, has chosen salesforce.com as its enterprise-wide CRM solution. Air Products' sales and marketing teams worldwide are implementing salesforce.com applications to enhance sales processes, track customer interactions, and coordinate campaigns across multiple businesses. This will allow Air Products to provide more value to their customers by identifying new offerings, responding to customers needs more quickly, and consistently demonstrating sales and operational excellence.
08/29/2005 09:10:12 AM
StreetInsider Alert for MEDI RT$
Aug 29, 2005 (streetinsider.com via COMTEX) --MedImmune, Inc. (Nasdaq: MEDI) licensed worldwide rights from GlaxoSmithKline (NYSE: GSK) to develop certain anti-staphylococcal monoclonal antibodies (MAbs). The program includes BSYX-A110, which is in Phase 2 clinical development for the prevention of serious bloodstream infections caused by Staphylococcus in low-birthweight infants.
______ Find
08/29/2005 09:05:17 AM
StreetInsider Alert for NTST RT$
Aug 29, 2005 (streetinsider.com via COMTEX) --Netsmart Technologies, Inc. (Nasdaq: NTST) announced that Creative has been awarded a $764,000 contract by Wyoming Valley Behavioral Health Services of Wilkes-Barre, Pennsylvania. The contract includes software license, professional services, and maintenance agreements for one year, to install the Avatar suite of human services software, specifically Avatar practice management, managed care, web-based electronic prescriptions, and electronic health records.
08/29/2005 09:05:17 AM
StreetInsider Alert for QMED RT$
Aug 29, 2005 (streetinsider.com via COMTEX) --QMed, Inc., (Nasdaq: QMED) announced that it has been notified by Centers for Medicare and Medicaid Services (CMS) that the Company's Medicare Coordinated Care Demonstration project (MCCD) has been extended for two additional years, and will now end on June 30th, 2008. MCCD is a landmark multi-project study designed to evaluate strategies for coordinating the care of chronically ill beneficiaries in Medicare's vast fee-for-service membership. QMed's coordinated services include the creation and analysis of electronic medical records, decision support for physicians and disease management for patients.
______ Find
08/29/2005 08:50:08 AM
StreetInsider Alert for JDO RT$
Aug 29, 2005 (streetinsider.com via COMTEX) --JED Oil Inc. (AMEX: JDO) announced that its Board of Directors has approved a 3 for 2 stock split. Following Canadian corporate law, JED is seeking approval to amend its Articles of Incorporation for this split by the holders of a two-thirds majority of the shares represented in person or by proxy at the meeting. As such, shareholders of record as of August 29, 2005 are entitled to vote for or against the split at a meeting of shareholders to be held on September 28, 2005. If JED shareholders approve the stock split, it is anticipated the Company's Board of Directors will immediately set the record date for the split. Due to regulatory requirements, the date of record for the stock split cannot be set until after the approval of shareholders. As a result of the stock split, each holder of shares of JED's common stock on the record date will receive three new shares of common stock for each two shares held on that date. Any resulting fractions will be rounded up to the next highest whole number of shares of common stock.
08/29/2005 08:50:07 AM
StreetInsider Alert for PKBK RT$
Aug 29, 2005 (streetinsider.com via COMTEX) --Advest initiates Parke Bancorp (Nasdaq: PKBK) with a Buy; $22 tgt.
08/29/2005 08:50:07 AM
StreetInsider Alert for TMK RT$
Aug 29, 2005 (streetinsider.com via COMTEX) --Lehman Brothers upgrades Torchmark Corporation (NYSE: TMK) from 'equal-weight' to 'overweight' and raises its price target to $60.
08/29/2005 08:50:06 AM
StreetInsider Alert for HIG RT$
Aug 29, 2005 (streetinsider.com via COMTEX) --Lehman downgrades Hartford Financial (NYSE: HIG) from Overweight to Equal-Weight; $76 price target.
______ Find
08/29/2005 08:45:16 AM
StreetInsider Alert for TLVT RT$
Aug 29, 2005 (streetinsider.com via COMTEX) --Telvent GIT S.A. (Nasdaq: TLVT) was awarded a $1.3 million contract by the City of Albuquerque, New Mexico, to upgrade the control and acquisition information system used at the city's water treatment plant.
08/29/2005 08:45:15 AM
StreetInsider Alert for WB RT$
Aug 29, 2005 (streetinsider.com via COMTEX) --Banc of America upgrades Wachovia (NYSE: WB) from Neutral to Buy; $56 price target.
______ Find
08/29/2005 08:40:09 AM
StreetInsider Alert for O RT$
Aug 29, 2005 (streetinsider.com via COMTEX) --AG Edwards upgraded Realty Income (NYSE: O) from Hold to Buy; $25.50 price target.
08/29/2005 08:40:08 AM
StreetInsider Alert for BAX RT$
Aug 29, 2005 (streetinsider.com via COMTEX) --Baxter Healthcare Corporation (NYSE: BAX) received approval from the FDA for Ceftriaxone Injection, USP 1g/50 mL and 2g/50 mL packaged in single-dose plastic containers. Baxter, the only company to offer frozen premixed drugs, will add Ceftriaxone, the generic version of Roche Pharmaceuticals' Rocephin, to its frozen portfolio.
______ Find
08/29/2005 08:35:36 AM
StreetInsider Alert for MCEL RT$
Aug 29, 2005 (streetinsider.com via COMTEX) --Recent momentum mover, Millennium Cell Inc. (NASDAQ: MCEL), announced the award of Phase II funding to continue its program with the U.S. Air Force's Advanced Power Technology Office and the Department of Defense Fuel Cell Test and Evaluation Center operated by Concurrent Technologies Corporation. In the second year of the program, Millennium Cell will develop an advanced solid borohydride fuel module for the 5kW system that was successfully demonstrated at FCTec during the program's first phase. Millennium Cell will deliver the design and critical components of the module that will be constructed and tested by CTC personnel at FCTec.
08/29/2005 08:35:05 AM
StreetInsider Alert for BMC RT$
Aug 29, 2005 (streetinsider.com via COMTEX) --BMC Software, Inc. (NYSE: BMC) announced the resignation of chief financial officer, George Harrington. Stephen B. Solcher, BMC's vice president of finance and treasurer has been appointed as interim CFO, effective immediately. Mr. Solcher will report directly to Bob Beauchamp, president and CEO of BMC Software, Inc.
______ Find
08/29/2005 08:30:13 AM
StreetInsider Alert for KMB RT$
Aug 29, 2005 (streetinsider.com via COMTEX) --Prudential initiates coverage on Kimberly-Clark Corp. (NYSE: KMB) with a 'neutral' rating.
______ Find
08/29/2005 08:20:15 AM
StreetInsider Alert for MDC RT$
Aug 29, 2005 (streetinsider.com via COMTEX) --Banc of America initiates coverage on MDC Holdings Inc. (NYSE: MDC) with a 'neutral' rating.
08/29/2005 08:20:14 AM
StreetInsider Alert for ACS RT$
Aug 29, 2005 (streetinsider.com via COMTEX) --Affiliated Computer Services, Inc. (NYSE: ACS) announced that it has been awarded an additional information technology (IT) outsourcing contract with GlaxoSmithKline (GSK), the second-largest pharmaceutical company in the world. The contract is valued at $100.5 million over five years.
______ Find
08/29/2005 08:15:13 AM
StreetInsider Alert for BJS RT$
Aug 29, 2005 (streetinsider.com via COMTEX) --Susquehanna upgrades BJ Services (NYSE: BJS) from Neutral to Positive.
08/29/2005 08:15:13 AM
StreetInsider Alert for PIXR RT$
Aug 29, 2005 (streetinsider.com via COMTEX) --Harris Nesbitt upgrades Pixar Animation (Nasdaq: PIXR) from Underperform to Outperform; $58 price target.
______ Find
08/29/2005 08:10:21 AM
StreetInsider Alert for PNK RT$
Aug 29, 2005 (streetinsider.com via COMTEX) --Pinnacle Entertainment, Inc. (NYSE: PNK) announced that its Board of Directors has approved an increased level of investment in the Company's two casino projects currently under development in the St. Louis, Missouri area.
08/29/2005 08:10:20 AM
StreetInsider Alert for CHCI RT$
Aug 29, 2005 (streetinsider.com via COMTEX) --Banc of America initiates coverage on Comstock Homebuilding Companies Inc (Nasdaq: CHCI) with a 'neutral' rating.
08/29/2005 08:10:10 AM
StreetInsider Alert for GRIC RT$
Aug 29, 2005 (streetinsider.com via COMTEX) --Equant and GoRemote Internet Communications, Inc. (Nasdaq: GRIC) announced they will deliver a unique Adaptive VPN solution that extends Equant's MPLS-based IP VPN to connect 264 retail stores of The Stride Rite Corporation, a designer and marketer of leading brands of high-quality footwear for children and adults, by using GoRemote's secure managed broadband network services.
08/29/2005 08:10:09 AM
StreetInsider Alert for OPSW RT$
Aug 29, 2005 (streetinsider.com via COMTEX) --Opsware Inc. (NASDAQ: OPSW) announced that TiVo Inc. (NASDAQ: TIVO), the creator and a leader in advertising solutions and television services for digital video recorders (DVRs), has selected Opsware's Server Automation System (SAS) and Network Automation System (NAS) to ensure the highest quality of service to customers as TiVo continues to expand its business. As an integral part of TiVo's growth strategy, Opsware will automate the management of TiVo's mission-critical customer-facing and corporate applications. TiVo selected Opsware automation for its technical superiority, proven success in distributed enterprise environments, and leadership in IT automation.
______ Find
08/29/2005 08:05:15 AM
StreetInsider Alert for CSC RT$
Aug 29, 2005 (streetinsider.com via COMTEX) --Computer Sciences Corporation (NYSE: CSC) announced that it has won a contract to provide comprehensive mission support services to the new Water Security Division within the U.S. Environmental Protection Agency's (EPA) Office of Water. The division was established to address water security and infrastructure protection issues in the wake of the September 11th terrorist attacks. CSC estimates the value of the contract, which has one base year and four one-year options, to be approximately $86 million if all options are exercised.
08/29/2005 08:05:14 AM
StreetInsider Alert for HRS RT$
Aug 29, 2005 (streetinsider.com via COMTEX) --The Board of Directors of Harris Corporation (NYSE: ) has increased the quarterly cash dividend to 8 cents per share, compared to the previous quarterly dividend of 6 cents per share. This dividend is payable September 16, 2005, to shareholders of record September 7, 2005. The 33 percent increase in the cash dividend brings the annual rate to 32 cents per share, on a post-stock-split basis.
______ Find
08/29/2005 08:01:26 AM
StreetInsider Alert for WCI RT$
Aug 29, 2005 (streetinsider.com via COMTEX) --Banc of America initiates coverage on WCI Communities Inc. (NYSE: WCI) with a 'buy' rating and $40 price target.
08/29/2005 08:01:25 AM
StreetInsider Alert for RDC RT$
Aug 29, 2005 (streetinsider.com via COMTEX) --Friedman Billings upgrades Rowan Companies Inc. (NYSE: RDC) from 'market perform' to 'outperform' and raises their price target from $39 to $43.
08/29/2005 08:01:25 AM
StreetInsider Alert for WPO RT$
Aug 29, 2005 (streetinsider.com via COMTEX) --Prudential upgrades Washington Post (NYSE: WPO) from 'underweight' to 'neutral-weight', citing valuation.
______ Find
08/29/2005 08:01:24 AM
StreetInsider Alert for PBY RT$
Aug 29, 2005 (streetinsider.com via COMTEX) --Wachovia upgrades Pep Boys (NYSE: PBY) from 'underperform' to 'market perform'.
08/29/2005 08:01:11 AM
StreetInsider Alert for MAPS RT$
Aug 29, 2005 (streetinsider.com via COMTEX) --J.P. Morgan upgraded MapInfo Corp. (Nasdaq: MAPS) from 'neutral' to 'overwight'.
08/29/2005 08:01:11 AM
StreetInsider Alert for EFJI RT$
Aug 29, 2005 (streetinsider.com via COMTEX) --AG Edwards initiates coverage on EFJ (Nasdaq: EFJI) with a 'buy' rating and $10.50 price target.
08/29/2005 08:01:03 AM
StreetInsider Alert for CPST RT$
Aug 29, 2005 (streetinsider.com via COMTEX) --First Albany upgrades momentum mover, Capstone Turbine (Nasdaq: CPST), from 'neutral' to 'buy' with a $6 price target.
08/29/2005 08:01:03 AM
StreetInsider Alert for OVTI RT$
Aug 29, 2005 (streetinsider.com via COMTEX) --OmniVision Technologies, Inc. (Nasdaq: OVTI) signed a long term agreement with Lenovo Group Limited, China's second largest handset maker, to be the strategic supplier of CMOS camera chips for Lenovo's cellular phone business in China. Prior to this exclusive agreement, OmniVision has already supplied Lenovo with nearly 2 million CMOS sensors since Q4, 2004; a number that is expected to increase significantly under the new agreement.
08/29/2005 08:01:02 AM
StreetInsider Alert for NVR RT$
Aug 29, 2005 (streetinsider.com via COMTEX) --Banc of America initiates coverage on NVR Inc. (AMEX: NVR) with a 'buy' rating and $1025 price target, says company is distinctive among homebuilders.
08/29/2005 08:01:01 AM
StreetInsider Alert for CENT RT$
Aug 29, 2005 (streetinsider.com via COMTEX) --J.P. Morgan downgrades Central Garden & Pet Co. (Nasdaq: CENT) from 'overweight' to 'neutral', citing concern that the pet supply category is slowing after weak results from Petco (Nasdaq: PETC) and Petsmart Inc. (Nasdaq: PETM)
08/29/2005 08:01:01 AM
StreetInsider Alert for PBH RT$
Aug 29, 2005 (streetinsider.com via COMTEX) --CIBC initiates coverage on Prestige Brands (NYSE: PBH) with an 'outperform' rating and $17 price target.
08/29/2005 08:01:00 AM
StreetInsider Alert for MUSE
Aug 29, 2005 (streetinsider.com via COMTEX) --Deutsche Bank upgrades Micromuse (NASDAQ: MUSE) from 'hold' to 'buy' and raises their price target to $9. The firm said checks show the company's pipeline is building up with both carrier and enterprise deals.
08/29/2005 08:00:59 AM
StreetInsider Alert for KRI RT$
Aug 29, 2005 (streetinsider.com via COMTEX) --Prudential downgrades Knight-Ridder (NYSE: KRI) from 'overweight' to 'neutral-weight' and cuts their price target to $69.
08/29/2005 08:00:59 AM
StreetInsider Alert for VRTY RT$
Aug 29, 2005 (streetinsider.com via COMTEX) --Verity Inc. (Nasdaq: VRTY) announced that Bloomberg LP has purchased Verity K2 Enterprise advanced search and classification software as part of Bloomberg's ongoing enhancement of the search functions within its Bloomberg Professional service.
08/29/2005 08:00:58 AM
StreetInsider Alert for BC RT$
Aug 29, 2005 (streetinsider.com via COMTEX) --Smith Barney upgrades Brunswick (NYSE: BC) from 'hold' to 'buy' and raises its price target to $52, citing improving earnings prospects.
08/29/2005 08:00:58 AM
StreetInsider Alert for ARDI RT$
Aug 29, 2005 (streetinsider.com via COMTEX) --Siemens Communications, Inc., and @Road®, Inc. (Nasdaq: ARDI) announced that @Road has selected Siemens MC75 wireless module for use in the @Road iWM(TM) 3150, a mobile Wi-Fi hub that can connect field service professionals to critical data in real time - even as they work on-site.
08/29/2005 08:00:50 AM
StreetInsider Alert for PTIE RT$
Aug 29, 2005 (streetinsider.com via COMTEX) --Pain Therapeutics (Nasdaq: PTIE) announced the filing of a universal shelf registration statement with the U.S. Securities and Exchange Commission (SEC). After the registration statement becomes effective, Pain Therapeutics may, from time-to-time, offer its common stock, preferred stock, depository shares, warrants or debt securities, which in the aggregate may not exceed $150 million.
08/29/2005 08:00:49 AM
StreetInsider Alert for ANDW RT$
Aug 29, 2005 (streetinsider.com via COMTEX) --Andrew Corp (Nasdaq: ANDW) has expanded its market leading Geometrix® mobile location system product line with the acquisition of certain assets of Nortel's (NYSE: NT) wireless location business, augmenting a worldwide offering that supports innovative location-based services for commercial, consumer, and public safety uses.
08/29/2005 08:00:48 AM
StreetInsider Alert for PA RT$
Aug 29, 2005 (streetinsider.com via COMTEX) --Intelsat, Ltd. and PanAmSat Holding Corp (NYSE: PA) announced that the two companies have signed a definitive merger agreement under which Intelsat will acquire PanAmSat for $25 per share in cash, or $3.2 billion.
08/29/2005 08:00:48 AM
StreetInsider Alert for NDC RT$
Aug 29, 2005 (streetinsider.com via COMTEX) --Per-Se Technologies (Nasdaq: PSTI) and NDCHealth Corp (NYSE: NDC) announced that definitive agreements have been signed for the sale of NDCHealth, a leading provider of healthcare technology and information solutions, in a transaction valued at approximately $1 billion. The transaction, after income taxes, debt refinancing and transaction costs, will result in compensation to NDCHealth's shareholders of $19.50 per share, with at least $13.00 paid in cash and up to $6.50 paid in Per-Se stock, as to be determined by Per-Se and to be announced prior to the shareholder meetings.
______ Find
[Editor's Note: UPDATES- THIS URL, with email notification: 8:15am-9:30am (Pre-Market-Open) and after 4:00pm (Final - intended for use next business day); AT INTRADAY MOVERS URL by, or before, 10:50am, 1:50pm and 5:00pm. Bookmark this URL (new one each day), or click your Market Toolbox header "News" link. - df]
Members of The Market Toolbox Club's Yahoo! Group receive emails each time this URL is updated. Or, simply monitor Club notifications by adding to your RSS reader or My Yahoo! or MyMSN
____________
StreetInsider.com Premium's 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
When shown: Copyrights (c) 2005 Briefing.com, Inc. All rights reserved; (c) 2005 Knobias, Inc. All rights reserved.
Copyright (c) 2004 Dialog, a Thomson business. All rights reserved.
Where Real Traders Talk Markets
Join thousands of traders sharing insights, catalysts, and charts.
