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Tuesday, August 30, 2005 11:26:37 PM
Final - StreetInsider Alerts 08/30/2005 @ 04:40:06 PM
By StreetInsider.com, Investing-News.Com
Aug 30, 2005, 16:42
http://www.investing-news.com/artman/publish/article_1238.shtml
DJ:INDU SMTC RIG SYNC CTRX SIGM HAS ADCT ~ Earlier Find `
08/30/2005 04:40:06 PM
StreetInsider Alert for DJ:INDU
Aug 30, 2005 (streetinsider.com via COMTEX) --The Dow finished 50.23 points lower to close at 10,413, the Nasdaq fell 7.89 points to close at 2,130, and the S&P 500 lost 3.87 points to close at 1,208.
The markets closed out the trading session in the red today in the aftermath of hurricane Katrina as insurers, gaming companies and consumer discretionary stocks were hit hard.
Volume was light with 1.88 billion shares trading on the NYSE and 1.44 billion on the Nasdaq. Decliners outpaced advancers outpaced today by a margin of 18:14 on the NYSE and by 18:12 on the Nasdaq.
In individual stories, SatCon Tech (Nasdaq: SATC RT$) closed 20.48% higher after receiving new fuel cell electronics orders worth over $1.3 million. On the downside, Vasogen (Nasdaq: VSGN RT$) closed 44% lower after it closed out the SIMPADICO trail early.
Tomorrow, traders will be watching for economic data from the GDP-Prel., Chain Deflator-Prel. and the Chicago PMI. The GDP-Prel. and Chain Deflator-Prel. are due to hit the wires at 8:30 A.M. The Chicago PMI is expected at 10:00 A.M.
08/30/2005 04:35:05 PM
StreetInsider Alert for SMTC RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --Semtech Corp. (Nasdaq: SMTC) reported Q2 EPS of $0.14, in-line with estimates. Revenues came in at $58 million versus the consenus of $56.98 million. Sees Q3 EPS of $0.14 versus the consenus of $0.16 and revenues of $60 million versus the consenus of $60.7 million.
08/30/2005 04:30:20 PM
StreetInsider Alert for RIG RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --Transocean Inc. (NYSE: RIG) announced that Statoil on behalf of a consortium consisting of Statoil, Eni, Norsk Hydro and Shell has awarded multi-year contracts valued at an estimated $700 million in revenues for the company's High-Specification semisubmersible rigs Transocean Arctic and Polar Pioneer.
______ Find
08/30/2005 04:20:11 PM
StreetInsider Alert for SYNC RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --Intellisync Corp. (Nasdaq: SYNC) reported a Q4 loss of $0.02, 1 cent better than estimates. Revenues came in at $15.7 million versus the consenus of $15.39 million.
08/30/2005 04:15:13 PM
StreetInsider Alert for CTRX RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --CoTherix, Inc. (Nasdaq: CTRX) received approval from the FDA to modify the Ventavis Inhalation Solution label to include: 1) information from the Company's clinical study evaluating the safety of Ventavis used in combination with Actelion's Tracleer for pulmonary arterial hypertension (PAH); and 2) the use of Respironics, Inc.'s portable, hand-held I-neb AAD device for the delivery of Ventavis pending receipt of 510(k) regulatory clearance.
08/30/2005 04:10:19 PM
StreetInsider Alert for SIGM RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --Sigma Designs Inc. (Nasdaq: SIGM) reported a Q2 loss of $0.00, 3 cents better than estimates. Revenues came in at $7.961 million versus the consenus of $7.26 million.
______ Find
08/30/2005 04:05:22 PM
StreetInsider Alert for HAS RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --Hasbro, Inc. (NYSE: HAS) announced that its Chairman, Alan G. Hassenfeld, 56, will retire after 35 years at the Company, but will remain as the non-employee Chairman of the Board. This transition will take effect January 1st, 2006.
08/30/2005 04:05:21 PM
StreetInsider Alert for ADCT RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --ADC Telecommunications Inc. (Nasdaq: ADCT) reported Q3 EPS of $0.29, 1 cent better than estimates. Revenues came in at $315 million versus the consenus of $318.21 million.
~~~ Take Your Seat on the Redtram! ~~~ ~~~ Expert Analysis !
~~~~~~ [ Opens in a NEW WINDOW ]
JOE DJ:INDU GM ~ Earlier Find `
08/30/2005 02:40:07 PM
StreetInsider Alert for JOE RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --The St. Joe Company (NYSE: JOE) announced that Hurricane Katrina had little direct impact on JOE's operations or key properties in Walton, Bay and Gulf counties. The hurricane made landfall more than 200 miles from the nearest JOE property. Reaffirming current expectation that earnings per share for the full-year will range from $1.80 to $1.95.
08/30/2005 01:30:19 PM
StreetInsider Alert for DJ:INDU
Aug 30, 2005 (streetinsider.com via COMTEX) --8/30: Streetinsider.com's Unusual 11 Afternoon Movers:
Vasogen (Nasdaq: VSGN RT$) 41.65% LOWER; has closed out the SIMPADICO trail early.
SatCon Tech (Nasdaq: SATC RT$) 30.12% HIGHER; has received new fuel cell electronics orders worth over $1.3 million.
McDermott (NYSE: MDR RT$) 24.45% HIGHER; announced an agreement with the asbestos claimants, and Hibernia raised its target price on the stock.
Hutchinson (Nasdaq: HTCH RT$) 17.04% LOWER; warned for Q4.
Immucor (Nasdaq: BLUD RT$) 13.62% LOWER; revised FY05 earnings; CFO resigned.
Finish Line (Nasdaq: FINL RT$) 13.43% LOWER; guided Q2, Q3 and FY06 below the consensus.
Komag (Nasdaq: KOMG RT$) 11.58% LOWER; down as a result of the Hutchinson warning news.
Capstone Turbine (Nasdaq: CPST RT$) 11.52% HIGHER; was mentioned on CNBC's Mad Money.
Dycom (NYSE: DY RT$) 11.25% LOWER; warned for Q1, and Friedman Billings removed the stock from its Top Pick List.
FuelCell Energy (Nasdaq: FCEL RT$) 6.60% HIGHER; reported better than expected Q3 results and is moving as alternative energy play
Baidu.com (Nasdaq: BIDU RT$) 5.67% HIGHER; reports the Company is gaining market share on Google in key Chinese cities.
08/30/2005 01:20:37 PM
StreetInsider Alert for GM RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --General Motors Corp. (NYSE: GM) reiterated at a meeting of automotive securities analysts and investors that GMAC and the company's global operations, other than in North America, remain on-track to meet or exceed 2005 targets.
~~~ Houston PC-Users' Investing Info ! ~~~ ~~~ What To Look For !
~~~~~~ [ Opens in a NEW WINDOW ]
WSSI PKI GCOM GRVY BSM CLHB SVVS CESV ~ Earlier Find `
08/30/2005 12:25:15 PM
StreetInsider Alert for WSSI RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --Piper Jaffray initiates coverage on WebSideStory, Inc. (Nasdaq: WSSI) with an 'outperform' rating and $22 price target.
08/30/2005 12:00:20 PM
StreetInsider Alert for PKI RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --PerkinElmer Inc. (NYSE: PKI) disclosed in an 8-K filing that on August 29, 2005, John P. Murphy, Executive Vice President and Chief Operating Officer, notified PerkinElmer of his decision to resign his position with the Company for personal reasons relating to his decision not to relocate from California to Massachusetts. Mr. Murphy will leave PerkinElmer on October 22, 2005.
08/30/2005 11:00:34 AM
StreetInsider Alert for GCOM RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --Globecomm Systems Inc. (NASDAQ: GCOM) announced that it has a one-year contract extension with the Iraqi Telecom & Post Company (ITPC).
08/30/2005 11:00:33 AM
StreetInsider Alert for GRVY RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --GRAVITY Co., Ltd. (Nasdaq: GRVY) is 33% higher in early action after the company disclosed a change in control. The company said controlling shareholder, Jung Ryool Kim, sold all of the shares that he and his children owned to EZER Inc., a Japanese corporation. Prior to the Sale, the Sellers owned 3,640,619 shares, or 52.4%, of the shares outstanding.
08/30/2005 10:35:38 AM
StreetInsider Alert for BSM RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --BSD Medical Corp. (Amex: BSM) is 48% higher in early action after the company said this morning the current issue of CANCER, the official Journal of the American Cancer Society, has published the results of an important clinical study that further validates the progress of what the company has dubbed a tri-modality "super therapy" for treating cancer using BSD advanced technology for treatments. Using a triple combination of radiation, chemotherapy and treatments with BSD systems that are designed to increase the effectiveness of both radiation and chemotherapy in addition to killing cancer directly, an international team of researchers at Duke University Medical Center, Norway and the Netherlands gave a powerful punch to the treatment of 68 patients who suffered from advanced cervical cancer. Ninety percent of them experienced a complete remission.
08/30/2005 10:25:20 AM
StreetInsider Alert for CLHB RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --Before the bell, Wedbush Morgan initiated coverage on Clean Harbors (Nasdaq: CLHB) with a 'buy' rating and $29 price target.
08/30/2005 10:05:18 AM
StreetInsider Alert for SVVS RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --SAVVIS, Inc. (NASDAQ: SVVS) announced that WorkflowOne, the nation's largest vendor-neutral provider of printing and promotional products, has chosen SAVVIS to provide the IT services platform that will run its unique customer-centric business model, which includes both product sourcing and business process outsourcing.
08/30/2005 09:55:13 AM
StreetInsider Alert for CESV RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --China Energy Savings Technology, Inc. (Nasdaq: CESV) announced that its energy savings subsidiary has signed a contract with Zhejiang Zhenxing Group Limited, a leading investment conglomerate which owns factories and shopping malls and is based in Zhejiang Province, China, for the outright sale of $4.48 million worth of energy- savings products. The contract is expected to generate a 73% profit margin for China Energy. Under the contract, the Company will sell a total of 1,120 products in five categories, ranging from light savers and sewing machine savers to mechanical energy savers. All have demonstrated the ability to reduce energy consumption from 25% to 32%, based upon recent test results. The installation of the equipment is expected to be completed by the end of December 2005.
~~~ Take Your Seat on the Redtram! ~~~ ~~~ Expert Analysis !
~~~~~~ [ Opens in a NEW WINDOW ]
TRMB HOTT QADI BE LXK CHINA MNTA NVS MVK SATC PF IVC OCR FSH HXM CFC CMRG STI GDW NDE PGNX CBG EYE VTIV LSI EASI FIC HTCH S COGN DISCA POZN BLUD TER APCS UPCS QLGC LTXX VIAC ARTX AMLN FFIV MTLG TER ODFL QLGC ORCH DQE ODMO VSGN IMCL SONO ORGN NVDA CONN ZLC FCEL Find `
08/30/2005 09:15:16 AM
StreetInsider Alert for TRMB RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --Fulcrum upgraded Trimble Navigation (Nasdaq: TRMB) from Neutral to Buy; $40 price target.
______ Find
08/30/2005 09:10:17 AM
StreetInsider Alert for HOTT RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --Hot Topic, Inc. (Nasdaq: HOTT) reports August comparable store sales down 7.1 Percent.
08/30/2005 09:10:17 AM
StreetInsider Alert for QADI RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --Sterling Commerce, the multi-enterprise collaboration company, and QAD Inc. (NASDAQ: QADI) announced a strategic partnership at the AutoTech Conference.
08/30/2005 09:10:16 AM
StreetInsider Alert for BE RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --BearingPoint, Inc. (NYSE: BE) announced that it has been awarded a contract to provide a range of technical and advisory services in the area of process improvement to the United States Naval Air Systems Command (NAVAIR) Depot Cherry Point, N.C. The contract is valued at $2 million in the base year with a potential value of $4 million over a two-year period, if all options are exercised.
______ Find
08/30/2005 09:05:18 AM
StreetInsider Alert for LXK RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --Lexmark International, Inc., (NYSE: LXK) announced that it has named John W. Gamble Jr., 42, as executive vice president and chief financial officer, effective Sept. 6. Gamble succeeds Gary E. Morin, who will be retiring.
08/30/2005 09:00:34 AM
StreetInsider Alert for CHINA RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --CDC Corporation (Nasdaq: CHINA) announced several executive management team changes as part of the company's recently announced strategic review and restructuring efforts.
Mr. Steven Chan, the company's current General Counsel and Company Secretary, has been appointed as the Acting Chief Executive Officer effective immediately. Dr. Raymond Ch'ien has decided to resign from the Chief Executive Officer role but will continue to serve on the Board of Directors as its Chairman.
Mr. Clough, Chairman of the Executive Committee of the Board of Directors of CDC Corporation, stated, "The Board would like to thank Raymond for leading the company since he stepped into the role during a challenging time as a result of our former Chief Executive Officer's medical leave of absence. He has successfully guided the company through the completion of the acquisition of Ross Systems, the creation of the CDC Software group and its emergence as a leading global mid-market enterprise software provider. We will continue to expand on initiatives led by Raymond and we are grateful that he will continue to build on those contributions as Chairman of our Board."
08/30/2005 08:55:15 AM
StreetInsider Alert for MNTA RT$ NVS RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --Momenta Pharmaceuticals, Inc. (Nasdaq: MNTA) said an Abbreviated New Drug Application (ANDA) seeking marketing approval of M-Enoxaparin has been filed with the FDA Momenta is developing M-Enoxaparin, a technology-enabled generic version of Lovenox, in collaboration with Sandoz, the generics division of Novartis AG (NYSE: NVS).
______ Find
08/30/2005 08:50:16 AM
StreetInsider Alert for MVK RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --Maverick Tube Corporation (NYSE: MVK) announced it has accepted the resignation of James Cowan, 47, its President and Chief Operating Officer, effective today. C. Robert Bunch, the Company's Chief Executive Officer, will assume the title of President. The Company has no current plans to fill the position of chief operating officer.
08/30/2005 08:50:05 AM
StreetInsider Alert for SATC RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --SatCon Technology Corporation (Nasdaq: SATC) received a new purchase order totaling in excess of $1.3 million for its fuel cell Power Conditioning Units (PCUs). Delivery of the units is scheduled over the next six to twelve months.
______ Find
08/30/2005 08:35:20 AM
StreetInsider Alert for PF RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --Deutsche cut Perfumania.com (NYSE: PF) from Buy to Hold.
08/30/2005 08:35:19 AM
StreetInsider Alert for IVC RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --KeyBanc upgrades Invacare (NYSE: IVC) from Buy to Aggressive Buy; $50 price target.
08/30/2005 08:30:51 AM
StreetInsider Alert for OCR RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --Morgan Stanley initiates Omnicare Inc. (NYSE: OCR) with an Overweight rating; $60 price target.
______ Find
08/30/2005 08:30:18 AM
StreetInsider Alert for FSH RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --Morgan Stanley initiates Fisher Scientific International Inc. (NYSE: FSH) with an Overweight rating; $75 price target.
08/30/2005 08:30:17 AM
StreetInsider Alert for HXM RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --Morgan Stanley initiates Homex Development (NYSE: HXM) at Overweight; $36 price target.
______ Find
08/30/2005 08:25:38 AM
StreetInsider Alert for CFC RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --Banc of America downgrades Countrywide Financial Corp. (NYSE: CFC) from 'neutral' to 'sell' and cuts its price target to $30. The firm is projecting thinner margins and greater loan retention.
08/30/2005 08:25:38 AM
StreetInsider Alert for CMRG RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --Brean Murray initiates Casual Male (Nasdaq: CMRG) with an Accumulate; $10 price target.
______ Find
08/30/2005 08:20:24 AM
StreetInsider Alert for STI RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --Oppenheimer upgraded SunTrust Banks (NYSE: STI) from Neutral to Buy; $79 price target.
08/30/2005 08:20:23 AM
StreetInsider Alert for GDW RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --Banc of America downgrades Golden West Financial (NYSE: GDW) from 'buy' to 'neutral' and cuts their price target to $66.
08/30/2005 08:20:14 AM
StreetInsider Alert for NDE RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --Banc of America downgrades IndyMac Bancorp Inc. (NYSE: NDE) from 'buy' to 'neutral' and cuts their price target to $41.
08/30/2005 08:20:13 AM
StreetInsider Alert for PGNX RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --Morgan Joseph initiates Progenics Pharm (Nasdaq: PGNX) with a Buy rating; $34 price target.
08/30/2005 08:20:13 AM
StreetInsider Alert for CBG RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --CSFB upgrades CB Richard Ellis (NYSE: CBG) from Neutral to Outperform.
08/30/2005 08:20:12 AM
StreetInsider Alert for EYE RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --Citigroup downgrades Advanced Medical Optics (NYSE: EYE) from Hold to Sell; $39 price target.
______ Find
08/30/2005 08:15:43 AM
StreetInsider Alert for VTIV RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --Ventiv Health, Inc. (Nasdaq: VTIV) announced that its Ventiv Commercial Services (VCS) group has signed a new multi-year agreement with San Diego, California-based Verus Pharmaceuticals, Inc., a pediatric-oriented company dedicated to identifying, developing and delivering solutions to address the unmet medical needs of children and those who care for them.
08/30/2005 08:15:43 AM
StreetInsider Alert for LSI RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --LSI Logic Corporation (NYSE: LSI) announced it has appointed ASI Corporation as an authorized distributor in the Americas for MegaRAID(R) and Host Bus Adapter (HBA) solutions, including Ultra320 SCSI, Fibre Channel, Serial ATA (SATA) and 3Gb/s Serial Attached SCSI (SAS) and SATA II. The addition of ASI as a distributor comes as LSI Logic continues to grow its channel market share and expand its storage adapter product families.
______ Find
08/30/2005 08:14:25 AM
StreetInsider Alert for EASI RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --Engineered Support Systems (Nasdaq: EASI) reports Q3 earnigns of $0.52 per share, 2 cents better than estimates. Revenues came in at $258.7 million versus the consensus of $263 million. Sees FY06 EPS of $2.00-$2.03, versus the consensus of $2.04.
08/30/2005 08:14:24 AM
StreetInsider Alert for FIC RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --Fair Isaac Corporation (NYSE: FIC) announced that its Board of Directors has approved a common stock repurchase program to acquire up to $200 million of the company's outstanding common stock.
08/30/2005 08:14:24 AM
StreetInsider Alert for HTCH RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --Hutchinson Technology (Nasdaq: HTCH) expects net earnings per diluted share for its fiscal 2005 fourth quarter ending September 25, 2005 to range from $0.05 to $0.20 on net sales of $150 to $165 million and unit shipments of 170 to 180 million suspension assemblies.
The company's previous forecast for its fiscal 2005 fourth quarter estimated net sales of $165 to $180 million on unit shipments of 190 to 200 million, gross margins of 28 to 30 percent and earnings per diluted share of $0.55 to $0.65.
08/30/2005 08:14:23 AM
StreetInsider Alert for S RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --Sprint Nextel Corporation (NYSE: S) and IWO Holdings, Inc. (OTC: IWHD) announced an agreement for Sprint Nextel to acquire IWO Holdings for approximately $427 million, including the assumption of approximately $208 million of net debt. Under the terms of the agreement, Sprint Nextel will acquire all of IWO Holdings' outstanding common shares for $42.50 per share in an all-cash merger.
Sprint Nextel also announced an agreement for Sprint Nextel to acquire Gulf Coast Wireless for approximately $287.5 million, including the assumption of debt.
08/30/2005 08:13:03 AM
StreetInsider Alert for COGN RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --AG Edwards downgrades Cognos (Nasdaq: COGN) from 'hold' to 'sell', says company is facing another heavily backend loaded quarter due to its continued reliance on large deals which brings risks.
______ Find
08/30/2005 08:02:20 AM
StreetInsider Alert for DISCA RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --Morgan Stanley initiates coverage on Discovery Holding (Nasdaq: DISCA) with an 'underweight' rating and $14 price target.
08/30/2005 08:02:20 AM
StreetInsider Alert for POZN RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --RBC Capital initiates coverage on POZEN (Nasdaq: POZN) with an 'outperform' rating and $15 price target, citing valuation.
08/30/2005 08:02:12 AM
StreetInsider Alert for BLUD RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --Immucor, Inc. (Nasdaq: BLUD) announced a revision in previously-reported net income for fiscal year 2005 to account for a previously-unrecorded accrual for employee bonuses. The Company also reported that it has accepted the resignation of Steven C. Ramsey as Chief Financial Officer of the Company.
08/30/2005 08:02:12 AM
StreetInsider Alert for TER RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --Banc of America upgrades Teradyne (NYSE: TER) from 'sell' to 'neutral'
08/30/2005 08:02:11 AM
StreetInsider Alert for APCS RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --Bear Stearns downgrades Alamosa Holdings Inc. (Nasdaq: APCS) from 'outperform' to 'peer perform', citing valuation.
08/30/2005 08:02:10 AM
StreetInsider Alert for UPCS RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --Bear Stearns upgraded UbiquiTel, Inc. (Nasdaq: UPCS) from 'peer perform' to 'outperform' with a $10 price target.
08/30/2005 08:02:09 AM
StreetInsider Alert for QLGC RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --Baird downgrades QLogic (Nasdaq: QLGC) from 'outperform' to 'neutral' with a $36 price target, citing valuation.
08/30/2005 08:02:08 AM
StreetInsider Alert for LTXX RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --Smith Barney upgrades LTX Corp (Nasdaq: LTXX) from 'sell' to 'hold'.
08/30/2005 08:01:57 AM
StreetInsider Alert for VIAC RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --ViaCell, Inc. (Nasdaq: VIAC) announced that the Company has licensed from Amgen (Nasdaq: AMGN) rights related to the use of recombinant human Granulocyte Colony Stimulating Factor for the development of a cellular therapy product to treat hematological malignancies and genetic diseases.
08/30/2005 08:01:49 AM
StreetInsider Alert for ARTX RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --Morgan Stanley initiates coverage on Adams Respiratory Therapeutics (Nasdaq: ARTX) with an 'overweight' rating and $40 price target.
08/30/2005 08:01:48 AM
StreetInsider Alert for AMLN RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --Amylin Pharmaceuticals, Inc. (Nasdaq: AMLN) announced a public offering of 5,068,138 shares of common stock at a price of $31.00 per share under shelf registration statements previously filed and declared effective by the SEC.
08/30/2005 08:01:48 AM
StreetInsider Alert for FFIV RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --Baird initiates coverage on F5 Networks (Nasdaq: FFIV) with an 'outperform' rating and $48 price target.
08/30/2005 08:01:38 AM
StreetInsider Alert for MTLG RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --JP Morgan initiates coverage on Metrologic Instruments (Nasdaq: MTLG) with an 'overweight' rating.
08/30/2005 08:01:37 AM
StreetInsider Alert for TER RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --Bank of America upgrades Teradyne (NYSE: TER) from Sell to Neutral on outlook-Price target $15.
08/30/2005 08:01:37 AM
StreetInsider Alert for ODFL RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --Morgan Keegan initiates coverage on Old Dominion (Nasdaq: ODFL) with an 'outperform' rating.
08/30/2005 08:01:35 AM
StreetInsider Alert for QLGC RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --Piper Jaffray downgrades QLogic (Nasdaq: QLGC) from Market Perform to Underperform-Price target $30.
08/30/2005 08:01:33 AM
StreetInsider Alert for ORCH RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --Orchid Cellmark Inc. (Nasdaq: ORCH) has been awarded an exclusive contract for the analysis of DNA casework by the Illinois State Police. This new Illinois casework contract was awarded after deficiencies in the work of another vendor were discovered, and has the potential to generate up to $2.7 million in revenue through next year.
08/30/2005 08:01:32 AM
StreetInsider Alert for DQE RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --J.P. Morgan downgrades Duquesne Light (NYSE: DQE) from Neutral to Underweight on higher commodity price outlook.
08/30/2005 08:01:31 AM
StreetInsider Alert for ODMO RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --CIBC downgrades Odimo (Nasdaq: ODMO) from 'outperform' to 'underperform' following disappointing Q2 results.
08/30/2005 08:01:30 AM
StreetInsider Alert for VSGN RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --Vasogen Inc. (Nasdaq: VSGN) announced the early close out of the 550-patient, double-blind, placebo-controlled phase III SIMPADICO trial of its Celacade(TM) technology for the treatment of symptomatic peripheral arterial disease (PAD). The decision to close out the trial at this time is based on a recommendation received from the SIMPADICO Steering Committee.
08/30/2005 08:01:29 AM
StreetInsider Alert for IMCL RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --ImClone Systems (Nasdaq: IMCL) and Bristol-Myers Squibb (NYSE: BMY) announced that ImClone Systems has submitted a supplemental Biologics License Application to the U.S. Food and Drug Administration (FDA) for approval of ERBITUX® (Cetuximab), an IgG1 monoclonal antibody in the treatment of Squamous Cell Carcinoma of the Head and Neck. The application seeks U.S. marketing approval for the use of ERBITUX in combination with radiation for locally or regionally advanced SCCHN, and as monotherapy in patients with recurrent and/or metastatic SCCHN where prior platinum-based chemotherapy has failed or where platinum-based therapy would not be appropriate. The Companies also announced that ImClone Systems has requested priority review of the application.
08/30/2005 08:01:28 AM
StreetInsider Alert for SONO RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --SonoSite, Inc. (Nasdaq: SONO) signed a three-year, dual-source supply agreement with Novation for portable and vascular access ultrasound equipment and accessories. Novation is the supply company of VHA Inc. and the University Health System Consortium, two national health care alliances that serve approximately 2,500 health care providers nationwide.
08/30/2005 08:01:28 AM
StreetInsider Alert for ORGN RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --Origen Financial, Inc. (Nasdaq: ORGN) announced that it has filed a shelf registration statement on Form S-3 with the SEC for the proposed offering, from time to time after the effectiveness of the registration statement, of up to $200 million of its common stock, preferred stock and debt securities.
08/30/2005 08:01:27 AM
StreetInsider Alert for NVDA RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --Friedman Billings upgrades NVIDIA (Nasdaq: NVDA) from Underperform to Market Perform on outlook-Price target $28.
08/30/2005 08:01:26 AM
StreetInsider Alert for CONN RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --Conns (Nasdaq: CONN) reports Q2 earnings of $0.39 per share, 3 cents better than estimates. Revenues came in at $164.4 million versus the consensus of $159.6 million. Sees FY06 EPS of $1.50-$1.55 versus the consensus of $1.53.
08/30/2005 08:00:51 AM
StreetInsider Alert for ZLC RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --Zale Corp (NYSE: ZLC) reports Q4 earnings of $0.08 per share, In-Line with estimates. Q4 revenues were $472.34 million, higher than analysts estimates of $471.85 million.
08/30/2005 08:00:19 AM
StreetInsider Alert for FCEL RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --FuelCell Energy (Nasdaq: FCEL) reports a Q3 loss of $0.38 per share, 3 cents better than estimates. Q2 revenues were $8.7 million, higher than analysts estimates of $6.38 million.
______ Find
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By StreetInsider.com, Investing-News.Com
Aug 30, 2005, 16:42
http://www.investing-news.com/artman/publish/article_1238.shtml
DJ:INDU SMTC RIG SYNC CTRX SIGM HAS ADCT ~ Earlier Find `
08/30/2005 04:40:06 PM
StreetInsider Alert for DJ:INDU
Aug 30, 2005 (streetinsider.com via COMTEX) --The Dow finished 50.23 points lower to close at 10,413, the Nasdaq fell 7.89 points to close at 2,130, and the S&P 500 lost 3.87 points to close at 1,208.
The markets closed out the trading session in the red today in the aftermath of hurricane Katrina as insurers, gaming companies and consumer discretionary stocks were hit hard.
Volume was light with 1.88 billion shares trading on the NYSE and 1.44 billion on the Nasdaq. Decliners outpaced advancers outpaced today by a margin of 18:14 on the NYSE and by 18:12 on the Nasdaq.
In individual stories, SatCon Tech (Nasdaq: SATC RT$) closed 20.48% higher after receiving new fuel cell electronics orders worth over $1.3 million. On the downside, Vasogen (Nasdaq: VSGN RT$) closed 44% lower after it closed out the SIMPADICO trail early.
Tomorrow, traders will be watching for economic data from the GDP-Prel., Chain Deflator-Prel. and the Chicago PMI. The GDP-Prel. and Chain Deflator-Prel. are due to hit the wires at 8:30 A.M. The Chicago PMI is expected at 10:00 A.M.
08/30/2005 04:35:05 PM
StreetInsider Alert for SMTC RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --Semtech Corp. (Nasdaq: SMTC) reported Q2 EPS of $0.14, in-line with estimates. Revenues came in at $58 million versus the consenus of $56.98 million. Sees Q3 EPS of $0.14 versus the consenus of $0.16 and revenues of $60 million versus the consenus of $60.7 million.
08/30/2005 04:30:20 PM
StreetInsider Alert for RIG RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --Transocean Inc. (NYSE: RIG) announced that Statoil on behalf of a consortium consisting of Statoil, Eni, Norsk Hydro and Shell has awarded multi-year contracts valued at an estimated $700 million in revenues for the company's High-Specification semisubmersible rigs Transocean Arctic and Polar Pioneer.
______ Find
08/30/2005 04:20:11 PM
StreetInsider Alert for SYNC RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --Intellisync Corp. (Nasdaq: SYNC) reported a Q4 loss of $0.02, 1 cent better than estimates. Revenues came in at $15.7 million versus the consenus of $15.39 million.
08/30/2005 04:15:13 PM
StreetInsider Alert for CTRX RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --CoTherix, Inc. (Nasdaq: CTRX) received approval from the FDA to modify the Ventavis Inhalation Solution label to include: 1) information from the Company's clinical study evaluating the safety of Ventavis used in combination with Actelion's Tracleer for pulmonary arterial hypertension (PAH); and 2) the use of Respironics, Inc.'s portable, hand-held I-neb AAD device for the delivery of Ventavis pending receipt of 510(k) regulatory clearance.
08/30/2005 04:10:19 PM
StreetInsider Alert for SIGM RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --Sigma Designs Inc. (Nasdaq: SIGM) reported a Q2 loss of $0.00, 3 cents better than estimates. Revenues came in at $7.961 million versus the consenus of $7.26 million.
______ Find
08/30/2005 04:05:22 PM
StreetInsider Alert for HAS RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --Hasbro, Inc. (NYSE: HAS) announced that its Chairman, Alan G. Hassenfeld, 56, will retire after 35 years at the Company, but will remain as the non-employee Chairman of the Board. This transition will take effect January 1st, 2006.
08/30/2005 04:05:21 PM
StreetInsider Alert for ADCT RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --ADC Telecommunications Inc. (Nasdaq: ADCT) reported Q3 EPS of $0.29, 1 cent better than estimates. Revenues came in at $315 million versus the consenus of $318.21 million.
~~~ Take Your Seat on the Redtram! ~~~ ~~~ Expert Analysis !
~~~~~~ [ Opens in a NEW WINDOW ]
JOE DJ:INDU GM ~ Earlier Find `
08/30/2005 02:40:07 PM
StreetInsider Alert for JOE RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --The St. Joe Company (NYSE: JOE) announced that Hurricane Katrina had little direct impact on JOE's operations or key properties in Walton, Bay and Gulf counties. The hurricane made landfall more than 200 miles from the nearest JOE property. Reaffirming current expectation that earnings per share for the full-year will range from $1.80 to $1.95.
08/30/2005 01:30:19 PM
StreetInsider Alert for DJ:INDU
Aug 30, 2005 (streetinsider.com via COMTEX) --8/30: Streetinsider.com's Unusual 11 Afternoon Movers:
Vasogen (Nasdaq: VSGN RT$) 41.65% LOWER; has closed out the SIMPADICO trail early.
SatCon Tech (Nasdaq: SATC RT$) 30.12% HIGHER; has received new fuel cell electronics orders worth over $1.3 million.
McDermott (NYSE: MDR RT$) 24.45% HIGHER; announced an agreement with the asbestos claimants, and Hibernia raised its target price on the stock.
Hutchinson (Nasdaq: HTCH RT$) 17.04% LOWER; warned for Q4.
Immucor (Nasdaq: BLUD RT$) 13.62% LOWER; revised FY05 earnings; CFO resigned.
Finish Line (Nasdaq: FINL RT$) 13.43% LOWER; guided Q2, Q3 and FY06 below the consensus.
Komag (Nasdaq: KOMG RT$) 11.58% LOWER; down as a result of the Hutchinson warning news.
Capstone Turbine (Nasdaq: CPST RT$) 11.52% HIGHER; was mentioned on CNBC's Mad Money.
Dycom (NYSE: DY RT$) 11.25% LOWER; warned for Q1, and Friedman Billings removed the stock from its Top Pick List.
FuelCell Energy (Nasdaq: FCEL RT$) 6.60% HIGHER; reported better than expected Q3 results and is moving as alternative energy play
Baidu.com (Nasdaq: BIDU RT$) 5.67% HIGHER; reports the Company is gaining market share on Google in key Chinese cities.
08/30/2005 01:20:37 PM
StreetInsider Alert for GM RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --General Motors Corp. (NYSE: GM) reiterated at a meeting of automotive securities analysts and investors that GMAC and the company's global operations, other than in North America, remain on-track to meet or exceed 2005 targets.
~~~ Houston PC-Users' Investing Info ! ~~~ ~~~ What To Look For !
~~~~~~ [ Opens in a NEW WINDOW ]
WSSI PKI GCOM GRVY BSM CLHB SVVS CESV ~ Earlier Find `
08/30/2005 12:25:15 PM
StreetInsider Alert for WSSI RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --Piper Jaffray initiates coverage on WebSideStory, Inc. (Nasdaq: WSSI) with an 'outperform' rating and $22 price target.
08/30/2005 12:00:20 PM
StreetInsider Alert for PKI RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --PerkinElmer Inc. (NYSE: PKI) disclosed in an 8-K filing that on August 29, 2005, John P. Murphy, Executive Vice President and Chief Operating Officer, notified PerkinElmer of his decision to resign his position with the Company for personal reasons relating to his decision not to relocate from California to Massachusetts. Mr. Murphy will leave PerkinElmer on October 22, 2005.
08/30/2005 11:00:34 AM
StreetInsider Alert for GCOM RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --Globecomm Systems Inc. (NASDAQ: GCOM) announced that it has a one-year contract extension with the Iraqi Telecom & Post Company (ITPC).
08/30/2005 11:00:33 AM
StreetInsider Alert for GRVY RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --GRAVITY Co., Ltd. (Nasdaq: GRVY) is 33% higher in early action after the company disclosed a change in control. The company said controlling shareholder, Jung Ryool Kim, sold all of the shares that he and his children owned to EZER Inc., a Japanese corporation. Prior to the Sale, the Sellers owned 3,640,619 shares, or 52.4%, of the shares outstanding.
08/30/2005 10:35:38 AM
StreetInsider Alert for BSM RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --BSD Medical Corp. (Amex: BSM) is 48% higher in early action after the company said this morning the current issue of CANCER, the official Journal of the American Cancer Society, has published the results of an important clinical study that further validates the progress of what the company has dubbed a tri-modality "super therapy" for treating cancer using BSD advanced technology for treatments. Using a triple combination of radiation, chemotherapy and treatments with BSD systems that are designed to increase the effectiveness of both radiation and chemotherapy in addition to killing cancer directly, an international team of researchers at Duke University Medical Center, Norway and the Netherlands gave a powerful punch to the treatment of 68 patients who suffered from advanced cervical cancer. Ninety percent of them experienced a complete remission.
08/30/2005 10:25:20 AM
StreetInsider Alert for CLHB RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --Before the bell, Wedbush Morgan initiated coverage on Clean Harbors (Nasdaq: CLHB) with a 'buy' rating and $29 price target.
08/30/2005 10:05:18 AM
StreetInsider Alert for SVVS RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --SAVVIS, Inc. (NASDAQ: SVVS) announced that WorkflowOne, the nation's largest vendor-neutral provider of printing and promotional products, has chosen SAVVIS to provide the IT services platform that will run its unique customer-centric business model, which includes both product sourcing and business process outsourcing.
08/30/2005 09:55:13 AM
StreetInsider Alert for CESV RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --China Energy Savings Technology, Inc. (Nasdaq: CESV) announced that its energy savings subsidiary has signed a contract with Zhejiang Zhenxing Group Limited, a leading investment conglomerate which owns factories and shopping malls and is based in Zhejiang Province, China, for the outright sale of $4.48 million worth of energy- savings products. The contract is expected to generate a 73% profit margin for China Energy. Under the contract, the Company will sell a total of 1,120 products in five categories, ranging from light savers and sewing machine savers to mechanical energy savers. All have demonstrated the ability to reduce energy consumption from 25% to 32%, based upon recent test results. The installation of the equipment is expected to be completed by the end of December 2005.
~~~ Take Your Seat on the Redtram! ~~~ ~~~ Expert Analysis !
~~~~~~ [ Opens in a NEW WINDOW ]
TRMB HOTT QADI BE LXK CHINA MNTA NVS MVK SATC PF IVC OCR FSH HXM CFC CMRG STI GDW NDE PGNX CBG EYE VTIV LSI EASI FIC HTCH S COGN DISCA POZN BLUD TER APCS UPCS QLGC LTXX VIAC ARTX AMLN FFIV MTLG TER ODFL QLGC ORCH DQE ODMO VSGN IMCL SONO ORGN NVDA CONN ZLC FCEL Find `
08/30/2005 09:15:16 AM
StreetInsider Alert for TRMB RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --Fulcrum upgraded Trimble Navigation (Nasdaq: TRMB) from Neutral to Buy; $40 price target.
______ Find
08/30/2005 09:10:17 AM
StreetInsider Alert for HOTT RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --Hot Topic, Inc. (Nasdaq: HOTT) reports August comparable store sales down 7.1 Percent.
08/30/2005 09:10:17 AM
StreetInsider Alert for QADI RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --Sterling Commerce, the multi-enterprise collaboration company, and QAD Inc. (NASDAQ: QADI) announced a strategic partnership at the AutoTech Conference.
08/30/2005 09:10:16 AM
StreetInsider Alert for BE RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --BearingPoint, Inc. (NYSE: BE) announced that it has been awarded a contract to provide a range of technical and advisory services in the area of process improvement to the United States Naval Air Systems Command (NAVAIR) Depot Cherry Point, N.C. The contract is valued at $2 million in the base year with a potential value of $4 million over a two-year period, if all options are exercised.
______ Find
08/30/2005 09:05:18 AM
StreetInsider Alert for LXK RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --Lexmark International, Inc., (NYSE: LXK) announced that it has named John W. Gamble Jr., 42, as executive vice president and chief financial officer, effective Sept. 6. Gamble succeeds Gary E. Morin, who will be retiring.
08/30/2005 09:00:34 AM
StreetInsider Alert for CHINA RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --CDC Corporation (Nasdaq: CHINA) announced several executive management team changes as part of the company's recently announced strategic review and restructuring efforts.
Mr. Steven Chan, the company's current General Counsel and Company Secretary, has been appointed as the Acting Chief Executive Officer effective immediately. Dr. Raymond Ch'ien has decided to resign from the Chief Executive Officer role but will continue to serve on the Board of Directors as its Chairman.
Mr. Clough, Chairman of the Executive Committee of the Board of Directors of CDC Corporation, stated, "The Board would like to thank Raymond for leading the company since he stepped into the role during a challenging time as a result of our former Chief Executive Officer's medical leave of absence. He has successfully guided the company through the completion of the acquisition of Ross Systems, the creation of the CDC Software group and its emergence as a leading global mid-market enterprise software provider. We will continue to expand on initiatives led by Raymond and we are grateful that he will continue to build on those contributions as Chairman of our Board."
08/30/2005 08:55:15 AM
StreetInsider Alert for MNTA RT$ NVS RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --Momenta Pharmaceuticals, Inc. (Nasdaq: MNTA) said an Abbreviated New Drug Application (ANDA) seeking marketing approval of M-Enoxaparin has been filed with the FDA Momenta is developing M-Enoxaparin, a technology-enabled generic version of Lovenox, in collaboration with Sandoz, the generics division of Novartis AG (NYSE: NVS).
______ Find
08/30/2005 08:50:16 AM
StreetInsider Alert for MVK RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --Maverick Tube Corporation (NYSE: MVK) announced it has accepted the resignation of James Cowan, 47, its President and Chief Operating Officer, effective today. C. Robert Bunch, the Company's Chief Executive Officer, will assume the title of President. The Company has no current plans to fill the position of chief operating officer.
08/30/2005 08:50:05 AM
StreetInsider Alert for SATC RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --SatCon Technology Corporation (Nasdaq: SATC) received a new purchase order totaling in excess of $1.3 million for its fuel cell Power Conditioning Units (PCUs). Delivery of the units is scheduled over the next six to twelve months.
______ Find
08/30/2005 08:35:20 AM
StreetInsider Alert for PF RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --Deutsche cut Perfumania.com (NYSE: PF) from Buy to Hold.
08/30/2005 08:35:19 AM
StreetInsider Alert for IVC RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --KeyBanc upgrades Invacare (NYSE: IVC) from Buy to Aggressive Buy; $50 price target.
08/30/2005 08:30:51 AM
StreetInsider Alert for OCR RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --Morgan Stanley initiates Omnicare Inc. (NYSE: OCR) with an Overweight rating; $60 price target.
______ Find
08/30/2005 08:30:18 AM
StreetInsider Alert for FSH RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --Morgan Stanley initiates Fisher Scientific International Inc. (NYSE: FSH) with an Overweight rating; $75 price target.
08/30/2005 08:30:17 AM
StreetInsider Alert for HXM RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --Morgan Stanley initiates Homex Development (NYSE: HXM) at Overweight; $36 price target.
______ Find
08/30/2005 08:25:38 AM
StreetInsider Alert for CFC RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --Banc of America downgrades Countrywide Financial Corp. (NYSE: CFC) from 'neutral' to 'sell' and cuts its price target to $30. The firm is projecting thinner margins and greater loan retention.
08/30/2005 08:25:38 AM
StreetInsider Alert for CMRG RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --Brean Murray initiates Casual Male (Nasdaq: CMRG) with an Accumulate; $10 price target.
______ Find
08/30/2005 08:20:24 AM
StreetInsider Alert for STI RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --Oppenheimer upgraded SunTrust Banks (NYSE: STI) from Neutral to Buy; $79 price target.
08/30/2005 08:20:23 AM
StreetInsider Alert for GDW RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --Banc of America downgrades Golden West Financial (NYSE: GDW) from 'buy' to 'neutral' and cuts their price target to $66.
08/30/2005 08:20:14 AM
StreetInsider Alert for NDE RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --Banc of America downgrades IndyMac Bancorp Inc. (NYSE: NDE) from 'buy' to 'neutral' and cuts their price target to $41.
08/30/2005 08:20:13 AM
StreetInsider Alert for PGNX RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --Morgan Joseph initiates Progenics Pharm (Nasdaq: PGNX) with a Buy rating; $34 price target.
08/30/2005 08:20:13 AM
StreetInsider Alert for CBG RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --CSFB upgrades CB Richard Ellis (NYSE: CBG) from Neutral to Outperform.
08/30/2005 08:20:12 AM
StreetInsider Alert for EYE RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --Citigroup downgrades Advanced Medical Optics (NYSE: EYE) from Hold to Sell; $39 price target.
______ Find
08/30/2005 08:15:43 AM
StreetInsider Alert for VTIV RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --Ventiv Health, Inc. (Nasdaq: VTIV) announced that its Ventiv Commercial Services (VCS) group has signed a new multi-year agreement with San Diego, California-based Verus Pharmaceuticals, Inc., a pediatric-oriented company dedicated to identifying, developing and delivering solutions to address the unmet medical needs of children and those who care for them.
08/30/2005 08:15:43 AM
StreetInsider Alert for LSI RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --LSI Logic Corporation (NYSE: LSI) announced it has appointed ASI Corporation as an authorized distributor in the Americas for MegaRAID(R) and Host Bus Adapter (HBA) solutions, including Ultra320 SCSI, Fibre Channel, Serial ATA (SATA) and 3Gb/s Serial Attached SCSI (SAS) and SATA II. The addition of ASI as a distributor comes as LSI Logic continues to grow its channel market share and expand its storage adapter product families.
______ Find
08/30/2005 08:14:25 AM
StreetInsider Alert for EASI RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --Engineered Support Systems (Nasdaq: EASI) reports Q3 earnigns of $0.52 per share, 2 cents better than estimates. Revenues came in at $258.7 million versus the consensus of $263 million. Sees FY06 EPS of $2.00-$2.03, versus the consensus of $2.04.
08/30/2005 08:14:24 AM
StreetInsider Alert for FIC RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --Fair Isaac Corporation (NYSE: FIC) announced that its Board of Directors has approved a common stock repurchase program to acquire up to $200 million of the company's outstanding common stock.
08/30/2005 08:14:24 AM
StreetInsider Alert for HTCH RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --Hutchinson Technology (Nasdaq: HTCH) expects net earnings per diluted share for its fiscal 2005 fourth quarter ending September 25, 2005 to range from $0.05 to $0.20 on net sales of $150 to $165 million and unit shipments of 170 to 180 million suspension assemblies.
The company's previous forecast for its fiscal 2005 fourth quarter estimated net sales of $165 to $180 million on unit shipments of 190 to 200 million, gross margins of 28 to 30 percent and earnings per diluted share of $0.55 to $0.65.
08/30/2005 08:14:23 AM
StreetInsider Alert for S RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --Sprint Nextel Corporation (NYSE: S) and IWO Holdings, Inc. (OTC: IWHD) announced an agreement for Sprint Nextel to acquire IWO Holdings for approximately $427 million, including the assumption of approximately $208 million of net debt. Under the terms of the agreement, Sprint Nextel will acquire all of IWO Holdings' outstanding common shares for $42.50 per share in an all-cash merger.
Sprint Nextel also announced an agreement for Sprint Nextel to acquire Gulf Coast Wireless for approximately $287.5 million, including the assumption of debt.
08/30/2005 08:13:03 AM
StreetInsider Alert for COGN RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --AG Edwards downgrades Cognos (Nasdaq: COGN) from 'hold' to 'sell', says company is facing another heavily backend loaded quarter due to its continued reliance on large deals which brings risks.
______ Find
08/30/2005 08:02:20 AM
StreetInsider Alert for DISCA RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --Morgan Stanley initiates coverage on Discovery Holding (Nasdaq: DISCA) with an 'underweight' rating and $14 price target.
08/30/2005 08:02:20 AM
StreetInsider Alert for POZN RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --RBC Capital initiates coverage on POZEN (Nasdaq: POZN) with an 'outperform' rating and $15 price target, citing valuation.
08/30/2005 08:02:12 AM
StreetInsider Alert for BLUD RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --Immucor, Inc. (Nasdaq: BLUD) announced a revision in previously-reported net income for fiscal year 2005 to account for a previously-unrecorded accrual for employee bonuses. The Company also reported that it has accepted the resignation of Steven C. Ramsey as Chief Financial Officer of the Company.
08/30/2005 08:02:12 AM
StreetInsider Alert for TER RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --Banc of America upgrades Teradyne (NYSE: TER) from 'sell' to 'neutral'
08/30/2005 08:02:11 AM
StreetInsider Alert for APCS RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --Bear Stearns downgrades Alamosa Holdings Inc. (Nasdaq: APCS) from 'outperform' to 'peer perform', citing valuation.
08/30/2005 08:02:10 AM
StreetInsider Alert for UPCS RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --Bear Stearns upgraded UbiquiTel, Inc. (Nasdaq: UPCS) from 'peer perform' to 'outperform' with a $10 price target.
08/30/2005 08:02:09 AM
StreetInsider Alert for QLGC RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --Baird downgrades QLogic (Nasdaq: QLGC) from 'outperform' to 'neutral' with a $36 price target, citing valuation.
08/30/2005 08:02:08 AM
StreetInsider Alert for LTXX RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --Smith Barney upgrades LTX Corp (Nasdaq: LTXX) from 'sell' to 'hold'.
08/30/2005 08:01:57 AM
StreetInsider Alert for VIAC RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --ViaCell, Inc. (Nasdaq: VIAC) announced that the Company has licensed from Amgen (Nasdaq: AMGN) rights related to the use of recombinant human Granulocyte Colony Stimulating Factor for the development of a cellular therapy product to treat hematological malignancies and genetic diseases.
08/30/2005 08:01:49 AM
StreetInsider Alert for ARTX RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --Morgan Stanley initiates coverage on Adams Respiratory Therapeutics (Nasdaq: ARTX) with an 'overweight' rating and $40 price target.
08/30/2005 08:01:48 AM
StreetInsider Alert for AMLN RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --Amylin Pharmaceuticals, Inc. (Nasdaq: AMLN) announced a public offering of 5,068,138 shares of common stock at a price of $31.00 per share under shelf registration statements previously filed and declared effective by the SEC.
08/30/2005 08:01:48 AM
StreetInsider Alert for FFIV RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --Baird initiates coverage on F5 Networks (Nasdaq: FFIV) with an 'outperform' rating and $48 price target.
08/30/2005 08:01:38 AM
StreetInsider Alert for MTLG RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --JP Morgan initiates coverage on Metrologic Instruments (Nasdaq: MTLG) with an 'overweight' rating.
08/30/2005 08:01:37 AM
StreetInsider Alert for TER RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --Bank of America upgrades Teradyne (NYSE: TER) from Sell to Neutral on outlook-Price target $15.
08/30/2005 08:01:37 AM
StreetInsider Alert for ODFL RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --Morgan Keegan initiates coverage on Old Dominion (Nasdaq: ODFL) with an 'outperform' rating.
08/30/2005 08:01:35 AM
StreetInsider Alert for QLGC RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --Piper Jaffray downgrades QLogic (Nasdaq: QLGC) from Market Perform to Underperform-Price target $30.
08/30/2005 08:01:33 AM
StreetInsider Alert for ORCH RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --Orchid Cellmark Inc. (Nasdaq: ORCH) has been awarded an exclusive contract for the analysis of DNA casework by the Illinois State Police. This new Illinois casework contract was awarded after deficiencies in the work of another vendor were discovered, and has the potential to generate up to $2.7 million in revenue through next year.
08/30/2005 08:01:32 AM
StreetInsider Alert for DQE RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --J.P. Morgan downgrades Duquesne Light (NYSE: DQE) from Neutral to Underweight on higher commodity price outlook.
08/30/2005 08:01:31 AM
StreetInsider Alert for ODMO RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --CIBC downgrades Odimo (Nasdaq: ODMO) from 'outperform' to 'underperform' following disappointing Q2 results.
08/30/2005 08:01:30 AM
StreetInsider Alert for VSGN RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --Vasogen Inc. (Nasdaq: VSGN) announced the early close out of the 550-patient, double-blind, placebo-controlled phase III SIMPADICO trial of its Celacade(TM) technology for the treatment of symptomatic peripheral arterial disease (PAD). The decision to close out the trial at this time is based on a recommendation received from the SIMPADICO Steering Committee.
08/30/2005 08:01:29 AM
StreetInsider Alert for IMCL RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --ImClone Systems (Nasdaq: IMCL) and Bristol-Myers Squibb (NYSE: BMY) announced that ImClone Systems has submitted a supplemental Biologics License Application to the U.S. Food and Drug Administration (FDA) for approval of ERBITUX® (Cetuximab), an IgG1 monoclonal antibody in the treatment of Squamous Cell Carcinoma of the Head and Neck. The application seeks U.S. marketing approval for the use of ERBITUX in combination with radiation for locally or regionally advanced SCCHN, and as monotherapy in patients with recurrent and/or metastatic SCCHN where prior platinum-based chemotherapy has failed or where platinum-based therapy would not be appropriate. The Companies also announced that ImClone Systems has requested priority review of the application.
08/30/2005 08:01:28 AM
StreetInsider Alert for SONO RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --SonoSite, Inc. (Nasdaq: SONO) signed a three-year, dual-source supply agreement with Novation for portable and vascular access ultrasound equipment and accessories. Novation is the supply company of VHA Inc. and the University Health System Consortium, two national health care alliances that serve approximately 2,500 health care providers nationwide.
08/30/2005 08:01:28 AM
StreetInsider Alert for ORGN RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --Origen Financial, Inc. (Nasdaq: ORGN) announced that it has filed a shelf registration statement on Form S-3 with the SEC for the proposed offering, from time to time after the effectiveness of the registration statement, of up to $200 million of its common stock, preferred stock and debt securities.
08/30/2005 08:01:27 AM
StreetInsider Alert for NVDA RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --Friedman Billings upgrades NVIDIA (Nasdaq: NVDA) from Underperform to Market Perform on outlook-Price target $28.
08/30/2005 08:01:26 AM
StreetInsider Alert for CONN RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --Conns (Nasdaq: CONN) reports Q2 earnings of $0.39 per share, 3 cents better than estimates. Revenues came in at $164.4 million versus the consensus of $159.6 million. Sees FY06 EPS of $1.50-$1.55 versus the consensus of $1.53.
08/30/2005 08:00:51 AM
StreetInsider Alert for ZLC RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --Zale Corp (NYSE: ZLC) reports Q4 earnings of $0.08 per share, In-Line with estimates. Q4 revenues were $472.34 million, higher than analysts estimates of $471.85 million.
08/30/2005 08:00:19 AM
StreetInsider Alert for FCEL RT$
Aug 30, 2005 (streetinsider.com via COMTEX) --FuelCell Energy (Nasdaq: FCEL) reports a Q3 loss of $0.38 per share, 3 cents better than estimates. Q2 revenues were $8.7 million, higher than analysts estimates of $6.38 million.
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