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06/28/05 11:11 PM

#5689 RE: ReturntoSender #5688

Final - StreetInsider Alerts 06/28/2005 @ 05:30:18 PM
By StreetInsider.com, Investing-News.Com
Jun 28, 2005, 19:37

http://www.investing-news.com/artman/publish/article_992.shtml

STZ DJ:INDU CVG SGTL SBL TRI SNX CTHR MTSN TSCM EXFO ESIO XATA CDIC (To Earlier Below)


06/28/2005 05:30:18 PM
StreetInsider Alert for STZ RT$

Jun 28, 2005 (streetinsider.com via COMTEX) --Standard & Poor's Changes: S&P MidCap 400 constituent Constellation Brands Inc. (NYSE: STZ RT$) will replace Great Lakes Chemical Corp. (NYSE: GLK RT$) in the S&P 500. Great Lakes Chemical is being acquired by S&P MidCap 400 constituent Crompton Corp. (NYSE:CK); The Corporate Executive Board Co. (NASDAQ: EXBD) will replace Constellation Brands in the S&P MidCap 400; EnPro Industries Inc. (NYSE: NPO) will replace Thomas Industries Inc. (NYSE:TII) in the S&P SmallCap 600. Thomas Industries is being acquired by fellow S&P SmallCap 600 constituent Gardner Denver Inc. (NYSE: GDI).


06/28/2005 04:55:16 PM
StreetInsider Alert for DJ:INDU

Jun 28, 2005 (streetinsider.com via COMTEX) --The Dow finished 114.85 points higher to close at 10,406, the Nasdaq rose 24.69 points to close at 2,070, and the S&P 500 gained 10.88 points to close at 1,202. The markets closed out the trading session in the green today, despite news that ex-HealthSouth CEO Richard Scrushy was acquitted of all charges in his fraud trial, as consumer confidence proved to be at a three year high and oil prices fell over $2 per barrel.

Volume was light with 1.76 billion shares trading on the NYSE and 1.58 billion on the Nasdaq. Advancers outpaced Decliners today by a margin of 24:9 on the NYSE and by a margin of 22:8 on the Nasdaq.

In individual stories, Lionbridge Technologies, Inc. (Nasdaq: LIOX RT$) closed 43.34% higher after signing a definitive agreement to acquire Bowne Global Solutions, a division of Bowne & Co., Inc. (NYSE: BNE RT$), for at least $180 million, in a combination of cash and common stock. On the downside, Fiberstars (Nasdaq: FBST RT$) closed 16.74% lower after saying it will post an unexpected Q2 loss and initiate a restructuring, cost cutting plan.

Tomorrow, traders will be watching for data from the GDP-Final and the Chain Deflator-Final, which are both due to hit the wires at 8:30 A.M.


06/28/2005 04:45:15 PM
StreetInsider Alert for CVG RT$

Jun 28, 2005 (streetinsider.com via COMTEX) --Convergys Corporation (NYSE: CVG) authorized the company to repurchase up to 10 million additional common shares from time to time as market and business conditions warrant.



06/28/2005 04:45:15 PM
StreetInsider Alert for SGTL RT$

Jun 28, 2005 (streetinsider.com via COMTEX) --SigmaTel Inc. (NASDAQ: SGTL) warn for Q2; expects revenue for the quarter ending June 30, 2005 to be in the range of $68 million to $72 million. SigmaTel expects diluted earnings per share to be between $0.29 and $0.33. These revenue and earnings estimates are below the company's previous guidance for revenue of between $86 million and $95 million and diluted earnings per share of $0.48 to $0.57.


06/28/2005 04:40:21 PM
StreetInsider Alert for SBL RT$

Jun 28, 2005 (streetinsider.com via COMTEX) --Symbol Tech (NYSE: SBL) warns; expects revenue and earnings in the second quarter 2005 to be below the guidance provided in early May of revenue in the $460 to $470 million range and earnings per share in the $0.07 to $0.09 per share range, excluding a $5 million negative tax impact caused by a state tax law change. The Company now believes second quarter 2005 revenue and earnings will be approximately $440 million and $0.02 to $0.05 per share, excluding the negative tax impact and the restructuring and related charges.


06/28/2005 04:40:10 PM
StreetInsider Alert for TRI RT$

Jun 28, 2005 (streetinsider.com via COMTEX) --Triad Hospitals, Inc. (NYSE: TRI) announced plans to offer 3,642,987 shares of its common stock to the public to raise gross proceeds of approximately $200 million at current market prices.


06/28/2005 04:25:13 PM
StreetInsider Alert for SNX RT$

Jun 28, 2005 (streetinsider.com via COMTEX) --Synnex (NYSE: SNX) reports Q2 earnings of $0.32 per share, 1 cent better than estimates. Revenues came in at $1.35 billion versus the consensus of $1.32 billion. Sees Q3 EPS of $0.32-$0.34 versus the consensus of $0.34. Sees Q3 revenues of $1.36-$1.41 billion versus the consensus of $1.38 billion.


06/28/2005 04:20:15 PM
StreetInsider Alert for CTHR RT$

Jun 28, 2005 (streetinsider.com via COMTEX) --Charles & Colvard, Ltd., (Nasdaq: CTHR) is increasing preliminary sales estimate for the second quarter 2005 from the previously announced range of between $7.7 million and $8.4 million to a new estimate of between $9.0 million and $9.5 million.


06/28/2005 04:20:13 PM
StreetInsider Alert for MTSN RT$

Jun 28, 2005 (streetinsider.com via COMTEX) --Mattson Technology, Inc. (Nasdaq: MTSN) revised its bookings guidance for the second quarter, ending June 26, 2005 to approximately $27 million due to changes in timing of customer orders for advanced products. Prior bookings guidance was $37 to $42 million. Revenue and gross margin guidance for the period remain unchanged


06/28/2005 04:15:15 PM
StreetInsider Alert for TSCM RT$

Jun 28, 2005 (streetinsider.com via COMTEX) --TheStreet.com, Inc. (NASDAQ: TSCM) is closing business operations of its wholly owned subsidiary, Independent Research Group LLC (IRG Research), which operates its securities research and brokerage segment. IRG Research had net revenue in 2004 of $4.5 million, which represented 12.7% of TheStreet.com's total net revenue for the year. Expenses for the year totaled $10.3 million, which represented 27.3% of TheStreet.com's total expense.


06/28/2005 04:10:13 PM
StreetInsider Alert for EXFO RT$

Jun 28, 2005 (streetinsider.com via COMTEX) --Exfo Electro-Optical Engineering Inc (Nasdaq: EXFO) reported Q3 EPS of $0.03, 1 cent better than estimates. Revenues came in at $26.2 million versus the consensus of $24.82 million. Sees Q4 EPS of $0.00-$0.03 versus the consensus of $0.03.


06/28/2005 04:10:10 PM
StreetInsider Alert for ESIO RT$

Jun 28, 2005 (streetinsider.com via COMTEX) --Electro Scientific Industries Inc (Nasdaq: ESIO) reported a Q4 loss of $0.03, may not be comparable to estimates. Revenues came in at $45.7 million versus the consensus of $46.90 million.



06/28/2005 04:05:23 PM
StreetInsider Alert for XATA RT$

Jun 28, 2005 (streetinsider.com via COMTEX) --XATA Corporation (Nasdaq: XATA) was awarded a contract for the deployment of 5,500 XATANET 3.0 Systems into one of the nation's largest private truck fleets.


06/28/2005 04:05:23 PM
StreetInsider Alert for CDIC RT$

Jun 28, 2005 (streetinsider.com via COMTEX) --Cardiodynamics International Corp (Nasdaq: CDIC) reported a Q2 loss of $0.01, 1 cent worse than estimates. Revenues came in at $9.4 million versus the consensus of $10.95 million.


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BBT WPSC GCOM NRPH AUGT HEM (To Earlier Below)


06/28/2005 03:45:20 PM
StreetInsider Alert for BBT RT$

Jun 28, 2005 (streetinsider.com via COMTEX) --The board of directors of BB&T Corporation (NYSE: BBT) declared the 2005 third quarter dividend of $0.38 per share, an 8.6 percent increase over the $0.35 paid in the third quarter of 2004.
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06/28/2005 03:00:31 PM
StreetInsider Alert for WPSC RT$

Jun 28, 2005 (streetinsider.com via COMTEX) --UBS downgrades Wheeling Pittsburg Corp (Nasdaq: WPSC) from 'neutral' to 'reduce', $14 price target.


06/28/2005 03:00:30 PM
StreetInsider Alert for GCOM RT$

Jun 28, 2005 (streetinsider.com via COMTEX) --Globecomm Systems Inc. (NASDAQ: GCOM) announced that it has been awarded two infrastructure contracts from repeat United States Government customers valued at approximately $1.3 million.


06/28/2005 03:00:30 PM
StreetInsider Alert for NRPH RT$

Jun 28, 2005 (streetinsider.com via COMTEX) --New River Pharmaceuticals Inc. (Nasdaq: NRPH) submitted an investigational new drug application to the U.S. Food and Drug Administration for NRP290, New River's second compound under development. NRP290, a novel opioid, is a conditionally bioreversible derivative of hydrocodone


06/28/2005 03:00:19 PM
StreetInsider Alert for AUGT RT$

Jun 28, 2005 (streetinsider.com via COMTEX) --Wells Fargo upgrades August Technology Corp (Nasdaq: AUGT) from 'hold' to 'buy'.



06/28/2005 03:00:18 PM
StreetInsider Alert for HEM RT$

Jun 28, 2005 (streetinsider.com via COMTEX) --Today's IPO for HemoSense (AMEX: HEM) is open for trading. The stock is trading at $5.53 after pricing at $5.50, below the $6-$8 range (original range $8-$10) The 3.5 million share deal is being led by Lazard Capital Markets. HemoSense makes blood monitoring systems.


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(Briefing.com) NANO FHRX SIRI DJ:INDU ASIA ACCL DRS (To Earlier Below)


06/28/2005 01:01:06 PM
Briefing.com: Stock Market Update - 13:00 ET


Jun 28, 2005 (Briefing.com via COMTEX) --Stock Market Update

Updated: 28-Jun-05

The market at 13:00 ET

Dow: +73...

Nasdaq: +16... S&P: +8.07...

NYSE Vol: 620 mln.. Adv: 2217.. Dec: 923

Nasdaq Vol: 844 mln.. Adv: 2009.. Dec: 900

Moving the Market

Sector Watch

10-yr note -17/32 yielding 3.96% June consumer confidence of 105.8 well above expectations Oil prices trading below $60/bbl

Strong: industrials, health care, consumer discretionary, materials, tech, utilities, financial, telecom svc, steel, retail, homebuilding, transportation, semi, airline, railroads, hardware, networking, internet

Weak: education services, gold, insurance, disk drive

13:00 ET

Dow +73, Nasdaq +16, S&P +8.07

[BRIEFING.COM] More of the same for stocks as a bullish bias remains intact... Advancers on both the NYSE and Nasdaq hold a more than 2 to 1 advantage over decliners while a 3-to-1 ratio of up to down suggests an even more positive tone to trading at both the Big Board and the Composite... Meanwhile, the Dow, S&P and Nasdaq continue to trade well above initial support levels but have run into resistance near 10380 and 1201, 2065, respectively... ..NYSE Adv/Dec 2217/923. ..NASDAQ Adv/Dec 2009/900.

12:30 ET

Dow +74, Nasdaq +17, S&P +8.27

[BRIEFING.COM] No change in the prevailing trend as the afternoon session gets underway and buying remains widespread across most areas... Bonds, however, continue to weaken, posting their largest declines in about two weeks... While a stronger than expected read on June consumer confidence has weighed on the Treasury market, falling oil prices (catalysts behind the recent run-up in bonds) have also prompted traders to lock in profits heading into the FOMC's two-day meeting which begins tomorrow... The 10-year note is now off 17 ticks to yield 3.96%... ..NYSE Adv/Dec 2234/876. ..NASDAQ Adv/Dec 2005/885.

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06/28/2005 12:25:19 PM
StreetInsider Alert for NANO RT$

Jun 28, 2005 (streetinsider.com via COMTEX) --Adams Harkness upgrades Nanometrics Inc (Nasdaq: NANO) from 'market perform' to 'buy' with a $15 price target. The analyst says the termination of the August Technology (Nasdaq: AUGT) merger agreement creates a buying opportunity.


06/28/2005 12:10:22 PM
StreetInsider Alert for FHRX RT$

Jun 28, 2005 (streetinsider.com via COMTEX) --Piper Jaffray initiates coverage on First Horizon Pharmaceutical (Nasdaq: FHRX) with an 'outperform' rating and $24 price target.



06/28/2005 11:20:11 AM
StreetInsider Alert for SIRI RT$

Jun 28, 2005 (streetinsider.com via COMTEX) --Sanford C. Bernstein & Co. initiates coverage on Sirius Satellite Radio (Nasdaq: SIRI) with an 'outperform' rating and $7.50 price target and starts XM Satellite Radio (Nasdaq: XMSR) at 'market perform' with a $40 price target. The analyst expects the satellite radio industry to grow from 5.2M to 44M subscribers by the end of 2010.


06/28/2005 10:30:11 AM
StreetInsider Alert for DJ:INDU

Jun 28, 2005 (streetinsider.com via COMTEX) --6/28: Streeinsider.com's Unusual 8 Morning Movers:

SeeBeyond Technology Corporation (Nasdaq: SBYN RT$) 34.15% HIGHER; entered into a definitive agreement to be acquired by Sun Microsystems, Inc. (Nasdaq: SUNW) for $4.25 per share in cash, or approximately $387 million.

AirNet Communications Corporation (Nasdaq: ANCC RT$) 32.85% HIGHER; expects to exceed its second quarter 2005 revenue forecast.

Lionbridge Technologies, Inc. (Nasdaq: LIOX RT$) 24.10% HIGHER; signed a definitive agreement to acquire Bowne Global Solutions, a division of Bowne & Co., Inc. (NYSE: BNE RT$), for at least $180 million, in a combination of cash and common stock.

Cubist Pharmaceuticals, Inc. (Nasdaq: CBST RT$) 17.29% HIGHER; Phase 3 Staphylococcus aureus endocarditis and bacteremia trial of CUBICIN at 6 mg/kg once daily met its primary endpoints. In addition, Legg Mason upgraded the stock.

WPCS International Incorporated (Nasdaq: WPCS RT$) 13% HIGHER; has recently been awarded approximately $5.3 million in new contracts.

Cardiac Science Inc. (Nasdaq: DFIB RT$) 11.58% HIGHER; received regulatory approval from the People's Republic of China State Food and Drug Administration to sell its latest line of automatic external defibrillators.

PHAZAR CORP (Nasdaq: ANTP RT$) 10.46% HIGHER; was recently awarded a $1,733,482 firm fixed price subcontract from BAE Systems.

Kopin Corp (Nasdaq: KOPN RT$) 10.08% HIGHER; ThinkEquity upgraded the stock to Buy.


06/28/2005 10:25:13 AM
StreetInsider Alert for ASIA RT$

Jun 28, 2005 (streetinsider.com via COMTEX) --AsiaInfo Holdings, Inc. (Nasdaq: ASIA) signed a contract with Shanghai Mobile, a major subsidiary of China Mobile, to provide AsiaInfo's IN-BOSS billing software solution to support the carrier's real-time monitoring of prepaid calling charges.


06/28/2005 09:55:16 AM
StreetInsider Alert for ACCL RT$

Jun 28, 2005 (streetinsider.com via COMTEX) --WR Hambrecht initiating coverage of Accelrys, Inc. (NASDAQ: ACCL) with a 'hold' rating and a $5.25 price target. The analyst said they like Accelrys' software focus and business model; however, the company is still in turnaround mode.


06/28/2005 09:30:27 AM
StreetInsider Alert for DRS RT$

Jun 28, 2005 (streetinsider.com via COMTEX) --DRS Technologies, Inc. (NYSE: DRS) announced that it was awarded a new $30 million contract, including options, to develop advanced shaftless propulsion technology for a next-generation U.S. Navy nuclear-powered submarine design study under the Tango Bravo program.


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HCA FEIC FRC MMS GOOG KMB NVDA GTK PPCO OXGN AUGT MTZ ORBT ATYT ARXX TOPP ARIA CBST SHLM CDCYE PDSN VRSN ANCC SYS BAC KMG WJCI OKSB DRRX RAH UHCO NAPS DHR DEPO EASI PH FFIV FFKY KEA LSI TIBX SYI STX COVD SIRI IPG XMSR PEGA VEGF SYMM SBYN TEU KOPN SGTL ZEUS THS PLCM ZGEN EDO PKTR WLL ARTG ESLR MSSR RATE CRDN CALM CBRL WPCS ALB RYL COGN PAYX ENCY NFLD SAPE HYSL PNRA APOL BMC ALL CPC DFIB EMMS SONC THS PFE BLS WMT LIOX


06/28/2005 09:25:20 AM
StreetInsider Alert for HCA RT$

Jun 28, 2005 (streetinsider.com via COMTEX) --CSFB initiates coverage on the Healthcare Facilities sector with a Market Weight rating. Stocks: Initiates coverage on LifePoint Hospitals Inc (NASDAQ: LPNT) $59 target, Health Management Associates Inc (NYSE: HMA) $30 target and HCA Inc (NYSE: HCA) $66 target with 'outperform' ratings. The analyst starts Universal Health Services Inc (NYSE: UHS), Triad Hospitals Inc (NYSE: TRI), Tenet Healthcare Corp (NYSE: THC) and Community Health Systems Inc (NYSE: CYH) with 'neutral' ratings.
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06/28/2005 09:20:05 AM
StreetInsider Alert for FEIC RT$

Jun 28, 2005 (streetinsider.com via COMTEX) --WR Hambrecht initiating coverage of FEI Company (NASDAQ: FEIC) with a Buy rating and a $27 price target. The analyst says FEI's new Titan product line is due to ship in Q3 and will likely anchor the next wave of high resolution tools (0.07 nm). The analyst also sees growth in pharmaceutical and materials clients as long-term drivers.
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06/28/2005 09:15:14 AM
StreetInsider Alert for FRC RT$

Jun 28, 2005 (streetinsider.com via COMTEX) --Sandler O'Neill downgraded First Republic Bank (NYSE: FRC) from Buy to Hold. The firm based its downgrade on valuation.



06/28/2005 09:15:13 AM
StreetInsider Alert for MMS RT$

Jun 28, 2005 (streetinsider.com via COMTEX) --KeyBanc initiated coverage on Maximus, Inc. (NYSE: MMS) with a Buy rating; $40.00 price target. In the firm's opinion, MMS has solid fundamentals, strong cash flows, attractive valuation and a new focused management team.


06/28/2005 09:15:12 AM
StreetInsider Alert for GOOG RT$

Jun 28, 2005 (streetinsider.com via COMTEX) --Google Inc. (Nasdaq: GOOG) announced the launch of Google Earth, Google's new satellite imagery-based mapping product that combines 3D buildings and terrain with mapping capability and Google search.

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06/28/2005 09:10:15 AM
StreetInsider Alert for KMB RT$

Jun 28, 2005 (streetinsider.com via COMTEX) --Kimberly-Clark Health Care announced that Kimberly-Clark Corporation (NYSE: KMB) and Cardinal Health (NYSE: CAH) have reached a settlement resolving a patent infringement dispute filed by Kimberly-Clark early last year. The dispute centered on dual ply sterilization wrap used for sterilizing surgical implements. Under their settlement, Cardinal has agreed to discontinue all sales and related marketing of SIMUL-WRAP sterilization wrap as of June 30, 2006.


06/28/2005 09:10:15 AM
StreetInsider Alert for NVDA RT$

Jun 28, 2005 (streetinsider.com via COMTEX) --NVIDIA Corporation (Nasdaq: NVDA) announced that Acer, one of the world's leading PC OEMs, has selected the GeForce(TM) Go 6 series of graphics processing units (GPUs) for its new TravelMate notebooks. The GeForce Go 6200 GPU with TurboCache(TM) technology will be used in the Acer TravelMate 4150 notebook and TravelMate C310 Convertible Tablet PC, while the GeForce Go 6600 GPU has been selected for the TravelMate 4650. The GeForce Go 6 series of GPUs was selected for their ability to deliver rich multimedia and graphics capabilities while lowering overall system power consumption.

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06/28/2005 09:05:13 AM
StreetInsider Alert for GTK RT$

Jun 28, 2005 (streetinsider.com via COMTEX) --GTECH Holdings Corporation (NYSE: GTK) announced that its wholly-owned subsidiary, GTECH Corporation, has signed a two-year contract extension with the Ohio Lottery Commission to continue its role as the provider of an online/instant lottery central system and related services. In addition, the Lottery signed a separate two-year extension with GTECH for the lease of Instant Ticket Vending Machines (ITVMs). Both extensions will commence on July 1, 2005, and can be extended for an additional two years at the option of the Lottery.
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06/28/2005 09:00:23 AM
StreetInsider Alert for PPCO RT$

Jun 28, 2005 (streetinsider.com via COMTEX) --Oppenheimer initiated coverage on Penwest Pharmaceuticals Co (Nasdaq: PPCO) with a Neutral rating. In their opinion, prospects are adequately reflected in its current valuation.


06/28/2005 09:00:13 AM
StreetInsider Alert for OXGN RT$

Jun 28, 2005 (streetinsider.com via COMTEX) --Lazard Freres initiated coverage on OxiGene, Inc. (Nasdaq: OXGN) with a Hold rating; $5.00 price target. The firm feels there is a lack of near-term catalysts.

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06/28/2005 08:55:19 AM
StreetInsider Alert for AUGT RT$

Jun 28, 2005 (streetinsider.com via COMTEX) --dolph Technologies, Inc. (Nasdaq: RTEC) signed a definitive merger agreement with August Technology Corporation (Nasdaq: AUGT). Under the terms of the agreement, each August shareholder will receive either $10.50 per share in cash or $10.50 per share in Rudolph stock. NOTE - KLA-Tencor Corp. (Nasdaq: KLAC) and Nanometrics (Nasdaq: NANO) were also interested in buying AUGT.


06/28/2005 08:55:18 AM
StreetInsider Alert for MTZ RT$

Jun 28, 2005 (streetinsider.com via COMTEX) --Needham initiates coverage on MasTec (NYSE: MTZ) with a 'buy' rating and a $11 price target.

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06/28/2005 08:50:17 AM
StreetInsider Alert for ORBT RT$

Jun 28, 2005 (streetinsider.com via COMTEX) --Orbit International Corp. (NASDAQ: ORBT) announced that on June 24, 2005, its Board of Directors unanimously approved a twenty-five percent (25%) stock dividend to shareholders of record on July 18, 2005, payable on July 29, 2005.


06/28/2005 08:50:17 AM
StreetInsider Alert for ATYT RT$

Jun 28, 2005 (streetinsider.com via COMTEX) --Lehman Brothers upgraded ATI Technologies Inc (Nasdaq: ATYT) from Equal-weight to Overweight; $14.00 price target. The firm believes the shares have bottomed and sees upside from new high-end products, gross margin expansion and revenue growth.


06/28/2005 08:50:16 AM
StreetInsider Alert for ARXX RT$

Jun 28, 2005 (streetinsider.com via COMTEX) --Aeroflex Incorporated (Nasdaq: ARXX) received a contract for approximately $7.0 million from a major military subcontractor, in support of the B-1B Flight Control System Upgrade Program. Initial deliveries will commence in the current quarter and are expected to be completed by the March 2006 quarter.


06/28/2005 08:50:15 AM
StreetInsider Alert for TOPP RT$

Jun 28, 2005 (streetinsider.com via COMTEX) --Topps Company (Nasdaq: TOPP) reports Q1 EPS of $0.02 versus the consensus of $0.12. Revenues came in at $78.9 million versus the consensus of $87.4 million. The company said profitability for the current period was impacted significantly by softness in U.S. and European sport.


06/28/2005 08:50:15 AM
StreetInsider Alert for ARIA RT$

Jun 28, 2005 (streetinsider.com via COMTEX) --Oppenheimer initiated coverage on Ariad Pharmaceuticals, Inc. (Nasdaq: ARIA) with a Buy rating; $9.00 price target. The firm cites confidence in the development, regulatory outcome and commercial potential of AP23573, the company's lead drug candidate for the treatment of sarcoma.


06/28/2005 08:50:14 AM
StreetInsider Alert for CBST RT$


Jun 28, 2005 (streetinsider.com via COMTEX) --Legg Mason upgraded Cubist Pharmaceuticals, Inc. (Nasdaq: CBST) from Hold to Buy; $16.00 price target. According to the firm, Cubist announced that a Phase III study of Cubicin to treat endocarditis and bacteremia met the primary endpoint of showing non-inferiority in both the intent-to-treat (ITT) and per protocol (PP) populations. In their opinion, there exists a very strong likelihood that Cubicin will achieve a label expansion to include both the endocarditis and bacteremia indications. Additionally, they feel that the label expansion will lead to an uptick in Cubicin scripts over the course of 2006 and 2007. Accordingly, the firm lifted their 2006 Cubicin sales estimate from $171 million to $186 million and 2007 sales estimate from $222 million to $233 million.

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06/28/2005 08:45:16 AM
StreetInsider Alert for SHLM RT$

Jun 28, 2005 (streetinsider.com via COMTEX) --A. Schulman Inc. (Nasdaq: SHLM) warns; sees Q3 earnings of approximately $0.20 per diluted share. This is less than the First Call average earnings estimate of $0.30 per diluted share. Primary reasons for the shortfall in earnings in the third quarter of 2005 include lower than expected demand in North America from all markets, particularly the sluggish performance of the domestic auto industry.
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06/28/2005 08:40:18 AM
StreetInsider Alert for CDCYE RT$

Jun 28, 2005 (streetinsider.com via COMTEX) --CompuDyne Corporation (Nasdaq: CDCYE) announced that it had total awards of $15.0 million during the month of May, 2005.


06/28/2005 08:40:18 AM
StreetInsider Alert for PDSN RT$

Jun 28, 2005 (streetinsider.com via COMTEX) --PowerDsine Ltd. (NASDAQ: PDSN) announced it has been awarded an "Ethernet switch assembly patent" in the United States that further extends PowerDsine's patent portfolio in PoE technology.


06/28/2005 08:40:17 AM
StreetInsider Alert for VRSN RT$

Jun 28, 2005 (streetinsider.com via COMTEX) --Diversinet Corp. (Nasdaq: DVNTF) announced an OEM licensing agreement with VeriSign, Inc. (NASDAQ: VRSN) to deliver its OATH-compliant suite of mobile tokens and mobile authentication services for distribution by VeriSign with the VeriSign(R) Unified Authentication solution.


06/28/2005 08:40:17 AM
StreetInsider Alert for ANCC RT$

Jun 28, 2005 (streetinsider.com via COMTEX) --AirNet Communications Corporation (Nasdaq: ANCC) expects to exceed its second quarter 2005 revenue forecast. The Company also announced that it expects to report positive cash flow from operations for the second quarter. The company sees revenues of $4.5 million to $5.5 million, versus prior guidance of $2.5 million to $4.0 million.


06/28/2005 08:40:16 AM
StreetInsider Alert for SYS RT$

Jun 28, 2005 (streetinsider.com via COMTEX) --SYS Technologies, (AMEX: SYS) has been awarded two contracts with a combined value of up to $4.7 million. SYS will be providing logistics and engineering services to the U.S. Navy. In addition, SYS also announced that it is part of a team headed by CACI International that was recently awarded a $9.8 million task order by the U.S. Navy in support of the Cooperative Engagement Capability (CEC) naval electronic defense system program.


06/28/2005 08:40:05 AM
StreetInsider Alert for BAC RT$

Jun 28, 2005 (streetinsider.com via COMTEX) --Advest Group initiated coverage on Bank of America Corporation (NYSE: BAC) with a Buy rating; $56.00 price target. The firm based their recommendation on BAC earnings visibility and positioning to bring strong profits and consistent growth.
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06/28/2005 08:35:19 AM
StreetInsider Alert for KMG RT$

Jun 28, 2005 (streetinsider.com via COMTEX) --Lehman Brothers upgraded Kerr-McGee Corporation (NYSE: KMG) from Underweight to Equal-weight. The firm comments that the shares have appreciated 4%-5% vs. a 12%-13% appreciation in the large-cap peer group.



06/28/2005 08:35:18 AM
StreetInsider Alert for WJCI RT$

Jun 28, 2005 (streetinsider.com via COMTEX) --WJ Communications, Inc. (Nasdaq: WJCI) announced that the company is expanding its global presence in strategic locations such as China to provide high-quality local support to meet increased customer demand around the globe.


06/28/2005 08:35:18 AM
StreetInsider Alert for OKSB RT$

Jun 28, 2005 (streetinsider.com via COMTEX) --Keefe Bruyette & Woods initiated coverage on Southwest Bancorp, Inc. (Nasdaq: OKSB) with a Market Perform rating; $21.00 price target. The firm cited valuation as basis for their recommendation.


06/28/2005 08:35:17 AM
StreetInsider Alert for DRRX RT$

Jun 28, 2005 (streetinsider.com via COMTEX) --Oppenheimer initiated coverage on Durect Corporation (Nasdaq: DRRX) with a Buy rating; $6.50 price target. In the firm's opinion, a sum-of-the-parts valuation is worth greater than what investors are currently paying for the stock.


06/28/2005 08:35:16 AM
StreetInsider Alert for RAH RT$

Jun 28, 2005 (streetinsider.com via COMTEX) --Legg Mason initiating coverage of Ralcorp Holdings, Inc. (NYSE: RAH) with a Hold rating and 'fair value' target of $41-$44 per share.



06/28/2005 08:35:14 AM
StreetInsider Alert for UHCO RT$

Jun 28, 2005 (streetinsider.com via COMTEX) --JP Morgan initiated coverage on Universal American Financial Corp. (Nasdaq: UHCO) with a Neutral rating. The firm is positive on growth opportunities and expects that in 2006-2007, UHCO could reach $300M-$600M in net revenues from part D.

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06/28/2005 08:30:26 AM
StreetInsider Alert for NAPS RT$

Jun 28, 2005 (streetinsider.com via COMTEX) --Stanford Group initiated coverage on Napster Inc (Nasdaq: NAPS) with a Hold rating; $4.00 price target. The firm notes that notes that while they expect the portable device growth market to grow in excess of 20% annually for the next 5 years, NAPS could burn through its $3 a share in cash over the next 2 years if margins do not improve and is facing intense competition.


06/28/2005 08:30:16 AM
StreetInsider Alert for DHR RT$

Jun 28, 2005 (streetinsider.com via COMTEX) --A.G. Edwards initiated coverage on Danaher Corporation (NYSE: DHR) with a Buy rating; $63.00 price target. In the firm's opinion, DHR's method of operations will continue to be successful in the future even if the industry slows. Deutsche Bank started the stock at Hold.


06/28/2005 08:30:15 AM
StreetInsider Alert for DEPO RT$

Jun 28, 2005 (streetinsider.com via COMTEX) --Depomed, Inc. (Nasdaq: DEPO) fulfilled its loan obligation to Elan Pharma International, Ltd. (NYSE: ELN) with an early lump sum payment of $9.1 million. The loan was not due until January 2006 with a projected balance due of $11.3 million at maturity. Elan agreed to accept early payment and retire the loan, including the common stock conversion feature associated with it. The loan was convertible into 1.5 million shares of Depomed common stock.
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06/28/2005 08:25:15 AM
StreetInsider Alert for EASI RT$

Jun 28, 2005 (streetinsider.com via COMTEX) --A.G. Edwards initiated coverage on Engineered Support Systems Inc (Nasdaq: EASI) with a Hold rating. In the firm's opinion, EASI is already putting up operating margins at or near peak levels.



06/28/2005 08:25:15 AM
StreetInsider Alert for PH RT$

Jun 28, 2005 (streetinsider.com via COMTEX) --A.G. Edwards initiated coverage on Parker-Hannifin Corporation (NYSE: PH) with a Hold rating. The firm notes that PH is cyclical and valuation reflects EPS visibility and the anticipated peak earnings.



06/28/2005 08:25:14 AM
StreetInsider Alert for FFIV RT$

Jun 28, 2005 (streetinsider.com via COMTEX) --Piper Jaffray initiates coverage on F5 Networks Inc (Nasdaq: FFIV) and RADWARE Ltd (Nasdaq: RDWR) with 'market perform' rating and price target fo $49 and $22, respectively. The company expects increased competition given recent acquisitions by Juniper Networks (NASDAQ: JNPR), Cisco Systems Inc (NASDAQ: CSCO), and CoTherix Inc (NASDAQ: CTRX) that could impact suppliers.


06/28/2005 08:25:13 AM
StreetInsider Alert for FFKY RT$

Jun 28, 2005 (streetinsider.com via COMTEX) --Keefe Bruyette & Woods initiated coverage on First Financial Service Corporation (Nasdaq: FFKY) with an Outperform rating; $32.00 price target. The firm views the shares as trading at a significant discount to commercial bank peers.

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06/28/2005 08:20:19 AM
StreetInsider Alert for KEA RT$

Jun 28, 2005 (streetinsider.com via COMTEX) --UBS initiated coverage on Keane, Inc. (NYSE: KEA) with a Reduce rating; $12.00 price target. The firm sees KEA's market share at risk from two groups of competitors.


06/28/2005 08:20:18 AM
StreetInsider Alert for LSI RT$

Jun 28, 2005 (streetinsider.com via COMTEX) --Susquehanna initiated coverage on LSI Logic Corporation (NYSE: LSI) with a Positive rating. The firm is positive on revenue growth and margin expansion turnaround.


06/28/2005 08:20:17 AM
StreetInsider Alert for TIBX RT$


Jun 28, 2005 (streetinsider.com via COMTEX) --Deutsche Bank initiates coverage on Tibco (Nasdaq: TIBX) with a 'hold' rating and $7 price target, citing execution concerns and valuation.


06/28/2005 08:20:17 AM
StreetInsider Alert for SYI RT$


Jun 28, 2005 (streetinsider.com via COMTEX) --Keefe Bruyette & Woods initiated coverage on S.Y. Bancorp, Inc. (AMEX: SYI) with a Market Perform rating; $24.00 price target. The firm assigned their rating based on lack of catalysts.

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06/28/2005 08:15:16 AM
StreetInsider Alert for STX RT$

Jun 28, 2005 (streetinsider.com via COMTEX) --Goldman Sachs downgraded Seagate Technology (NYSE: STX) from In-line to Underperform. The firm sees signs that the industry is beginning to decelerate on its way to its peak. As a consequence, they expect earnings to either stabilize at current levels or, more likely, to come down. In addition, they commented that although areas like enterprise and desktop continue to look solid, conditions are not quite as ideal on the margin side as they were in previous quarters.



06/28/2005 08:15:07 AM
StreetInsider Alert for COVD RT$

Jun 28, 2005 (streetinsider.com via COMTEX) --Covad Communications Group, Inc. (Nasdaq: COVD) and Samsung Electronics Company, Ltd. announced that Samsung Telecommunications America has been selected as the provider of new central office equipment that will power Covad's market launch of line-powered voice access. This new technology enables Covad to offer basic local and long distance voice services, along with high-speed Internet and, eventually, video over DSL.


06/28/2005 08:15:06 AM
StreetInsider Alert for SIRI RT$

Jun 28, 2005 (streetinsider.com via COMTEX) --SIRIUS Satellite Radio (Nasdaq: SIRI) and MultiCultural Radio Broadcasting Inc., a privately held multi-ethnic radio operator, today announced a multi-year exclusive agreement to create and launch Asian language channels on SIRIUS. The Asian programming, the first of its kind to be broadcast on satellite radio, will launch first with a Korean channel and later followed by a Chinese channel.

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06/28/2005 08:10:17 AM
StreetInsider Alert for IPG RT$

Jun 28, 2005 (streetinsider.com via COMTEX) --Interpublic Group (NYSE: IPG) said its Chief Financial Officer Robert Thompson has decided to leave the company. Interpublic has reached tentative agreement with an external candidate to serve as its new Chief Financial Officer. For reasons having to do with that individual's current professional situation, Interpublic is unable to formally announce his arrival at this time, but expects to do so during the second half of July.

The company further indicated that it expects to file its 2004 annual report on Form 10-K, as well as reports on Form 10-Q for both the first and second quarters of this year, by September 30, 2005.


06/28/2005 08:10:16 AM
StreetInsider Alert for XMSR RT$

Jun 28, 2005 (streetinsider.com via COMTEX) --Hyatt Hotels Corporation and XM Satellite Radio (Nasdaq: XMSR) announced a multi-year agreement to provide XM Satellite Radio service free-of-charge in guestrooms at Hyatt hotels nationwide. Starting this fall, XM and Hyatt will work to deploy service to more than 50,000 Hyatt guest rooms in the continental U.S.


06/28/2005 08:10:15 AM
StreetInsider Alert for PEGA RT$

Jun 28, 2005 (streetinsider.com via COMTEX) --With continued economic growth in Asia driving demand for best-in-class technology led by world-class service practitioners, Pegasystems (Nasdaq: PEGA) and Satyam Computer Services Ltd. (NYSE: SAY) announced the extension of their successful North American Business Process Management partnership into Asia.


06/28/2005 08:10:15 AM
StreetInsider Alert for VEGF RT$

Jun 28, 2005 (streetinsider.com via COMTEX) --Corautus Genetics Inc. (Nasdaq: VEGF) announced that Boston Scientific Corporation (NYSE: BSX) and separately a group of private investors have agreed to purchase approximately 4.7 million shares of common stock for approximately $18 million. In addition, Boston Scientific has amended its loan agreement with Corautus making $5 million in loan proceeds immediately available, which will bring the total proceeds from these transactions to $23 million.


06/28/2005 08:10:03 AM
StreetInsider Alert for SYMM RT$

Jun 28, 2005 (streetinsider.com via COMTEX) --Symmetricom, Inc. (Nasdaq: SYMM) announced that it has been selected as a supplier for the Advanced Technology Atomic Frequency Standard (ATAFS) program, sponsored by the Department of Defense (DOD) Joint Program Office (JPO). The ATAFS program will support development of the next-generation atomic clocks for possible deployment on the Global Positioning System (GPS-III) satellite constellation.

Under the contract, awarded by the Space and Missile System Center (SMC) at Los Angeles Air Force Base and valued at $3.9 million, Symmetricom will develop high-performance atomic clocks based on its proprietary optically-pumped cesium beam technology. The contract leverages Symmetricom's extensive atomic clock expertise.

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06/28/2005 08:05:09 AM
StreetInsider Alert for SBYN RT$

Jun 28, 2005 (streetinsider.com via COMTEX) --Sun Microsystems, Inc. (Nasdaq: SUNW) and SeeBeyond Technology Corporation (Nasdaq: SBYN) today announced that they have entered into a definitive agreement for Sun to acquire SeeBeyond. Under the terms of the agreement approved by both boards of directors, SeeBeyond stockholders will receive $4.25 per share in cash for each SeeBeyond share for an aggregate value of approximately $387 million, including the assumption of employee stock options.



06/28/2005 08:05:08 AM
StreetInsider Alert for TEU RT$

Jun 28, 2005 (streetinsider.com via COMTEX) --UBS upgrades CP Ships (NYSE: TEU) from 'reduce' to 'neutral'.


06/28/2005 08:01:32 AM
StreetInsider Alert for KOPN RT$

Jun 28, 2005 (streetinsider.com via COMTEX) --ThinkEquity upgrades Kopin Corp (Nasdaq: KOPN) from 'accumulate' to 'buy' and raises its price target to $6.


06/28/2005 08:01:26 AM
StreetInsider Alert for SGTL RT$

Jun 28, 2005 (streetinsider.com via COMTEX) --Jefferies downgrades Sigmatel (Nasdaq: SGTL) from 'buy' to 'hold' and lowers its price target to $17, citing slowdown in MP3 players and says company could pre-announce poor revenues in the next week


06/28/2005 08:01:25 AM
StreetInsider Alert for ZEUS RT$

Jun 28, 2005 (streetinsider.com via COMTEX) --Jefferies initiates coverage on Olympic Steel (Nasdaq: ZEUS) with a 'hold' rating and $14 price target, saying shares are fully valued.


06/28/2005 08:01:23 AM
StreetInsider Alert for THS RT$

Jun 28, 2005 (streetinsider.com via COMTEX) --Bear Stearns initiates coverage on TreeHouse Foods (NYSE: THS) with a 'peer perform' rating. The analyst said the management team has an excellent opportunity within the packaged food space with a debt free balance sheet and compelling growth strategy.


06/28/2005 08:01:23 AM
StreetInsider Alert for PLCM RT$

Jun 28, 2005 (streetinsider.com via COMTEX) --Thomas Weisel downgrades Polycom (Nasdaq: PLCM) from 'outperform' to 'peer perform', citing increased competition in the core videoconferencing market.


06/28/2005 08:01:22 AM
StreetInsider Alert for ZGEN RT$

Jun 28, 2005 (streetinsider.com via COMTEX) --Morgan Stanley initiates coverage on Zymogenetics (Nasdaq: ZGEN) with an 'equal-weight' rating and $20 price target, citing positive clinical data on the comapny's rh Thrombin.



06/28/2005 08:01:21 AM
StreetInsider Alert for EDO RT$

Jun 28, 2005 (streetinsider.com via COMTEX) --CSFB upgrades EDO Corporation (NYSE: EDO) from 'underperform' to 'neutral' with a $28 price target.


06/28/2005 08:01:16 AM
StreetInsider Alert for PKTR RT$

Jun 28, 2005 (streetinsider.com via COMTEX) --Piper Jaffray resumes coverage on Packeteer (Nasdaq: PKTR) with an 'outperform' rating and $18 price target.


06/28/2005 08:01:16 AM
StreetInsider Alert for WLL RT$

Jun 28, 2005 (streetinsider.com via COMTEX) --AG Edwards downgrades Whiting Petroleum (NYSE: WLL) from 'buy' to 'hold', citing lowered guidance.



06/28/2005 08:01:15 AM
StreetInsider Alert for ARTG RT$

Jun 28, 2005 (streetinsider.com via COMTEX) --Art Technology Group (NASDAQ: ARTG) announced that leading lifestyle retailer American Eagle Outfitters, Inc. (NASDAQ: AEOS) has selected catalog search technology from ATG.


06/28/2005 08:01:15 AM
StreetInsider Alert for ESLR RT$

Jun 28, 2005 (streetinsider.com via COMTEX) --Evergreen Solar, Inc. (Nasdaq: ESLR) announced that the initial purchasers of its recent offering of $75 million aggregate principal amount of 4.375% convertible subordinated notes due 2012 have exercised in full their option to purchase an additional $15 million aggregate principal amount of such notes. The initial purchasers' exercise of their option brings the total offering size to $90 million.


06/28/2005 08:01:14 AM
StreetInsider Alert for MSSR RT$

Jun 28, 2005 (streetinsider.com via COMTEX) --ThinkEquity initiates coverage on McCormick & Schmick's (Nasdaq: MSSR) with a 'buy' rating and $20 price target.


06/28/2005 08:01:12 AM
StreetInsider Alert for RATE RT$

Jun 28, 2005 (streetinsider.com via COMTEX) --ThinkEquity initiates coverage on Bankrate (Nasdaq: RATE) with a 'buy' rating and $23 price target.


06/28/2005 08:01:11 AM
StreetInsider Alert for CRDN RT$

Jun 28, 2005 (streetinsider.com via COMTEX) --Ceradyne, Inc. (Nasdaq: CRDN) announced the receipt of a $75.5 million delivery order for its lightweight ceramic body armor. This is the third delivery order received under the $461 million indefinite delivery/indefinite quantity contract announced on August 20, 2004.


06/28/2005 08:01:10 AM
StreetInsider Alert for CALM RT$

Jun 28, 2005 (streetinsider.com via COMTEX) --Cal-Maine Foods, Inc. (NASDAQ: CALM) announced the election of Timothy A. Dawson as Vice President, Chief Financial Officer, effective August 1, 2005. Dawson will succeed Bobby J. Raines, who will continue in his other management positions until his retirement from Cal-Maine Foods on October 31, 2005.
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06/28/2005 08:01:03 AM
StreetInsider Alert for CBRL RT$

Jun 28, 2005 (streetinsider.com via COMTEX) --CBRL Group, Inc. (NASDAQ: CBRL) said its current expectations for total revenue and diluted net income per share for the fourth quarter are at the low end of it prior range.


06/28/2005 08:01:02 AM
StreetInsider Alert for WPCS RT$

Jun 28, 2005 (streetinsider.com via COMTEX) --WPCS International Incorporated (Nasdaq: WPCS) through its subsidiary companies has announced that it has recently been awarded approximately $5.3 million in new contracts for wireless infrastructure services, general construction and specialty communication systems. Included in the contracts awarded to WPCS are projects to be completed for the Port Authority of New York and New Jersey, Mohegan Sun Casino, Princeton University, Sybase, New Jersey State Police, State of California Transportation Agency (Caltrans), Bechtel, Lockheed Martin and the State of New Jersey.


06/28/2005 08:01:02 AM
StreetInsider Alert for ALB RT$

Jun 28, 2005 (streetinsider.com via COMTEX) --JP Morgan upgrades Albemarle (NYSE: ALB) from 'neutral' to 'overweight', citing strong long-term earnings growth prospects.


06/28/2005 08:01:01 AM
StreetInsider Alert for RYL RT$

Jun 28, 2005 (streetinsider.com via COMTEX) --Banc of America upgrades Ryland Group (NYSE: RYL) from 'neutral' to 'buy' and raises its price target to $84, saying estimates are too low and trades at a discount to peers.



06/28/2005 08:01:01 AM
StreetInsider Alert for COGN RT$

Jun 28, 2005 (streetinsider.com via COMTEX) --Deutsche Bank upgrades Cognos (NASDAQ: COGN) from 'hold' to 'buy' and raises their price target to $42.



06/28/2005 08:01:00 AM
StreetInsider Alert for PAYX RT$

Jun 28, 2005 (streetinsider.com via COMTEX) --Prudential upgrades Paychex (NASDAQ: PAYX) from 'underweight' to 'neutral-weight' and raises their price target to $31, following Q4 results


06/28/2005 08:00:59 AM
StreetInsider Alert for ENCY RT$

Jun 28, 2005 (streetinsider.com via COMTEX) --UBS initiates coverage on Encysive Pharmaceuticals (Nasdaq: ENCY) with a 'buy' rating and $14 price target. The analyst believes the company's endothelin receptor antagonist, Thelin, possess four key advantages over Actelion's E.T.R.A., Tracleer, in the treatment of pulmonary arterial hypertension.


06/28/2005 08:00:59 AM
StreetInsider Alert for NFLD RT$

Jun 28, 2005 (streetinsider.com via COMTEX) --UBS initiates coverage on Northfield Laboratories (Nasdaq: NFLD) with a 'buy' rating and $17 price target. The analyst expects the company's Polyheme to be the first hemoglobin-based oxygen carrier to receive FDA approval.


06/28/2005 08:00:58 AM
StreetInsider Alert for SAPE RT$

Jun 28, 2005 (streetinsider.com via COMTEX) --UBS initiates coverage on Sapient (Nasdaq: SAPE) with a 'buy' rating and $10 price target


06/28/2005 08:00:57 AM
StreetInsider Alert for HYSL RT$

Jun 28, 2005 (streetinsider.com via COMTEX) --Hyperion (Nasdaq: HYSL) said Mentor Graphics (Nasdaq: MENT) will leverage the speed-of-thought analysis of Hyperion Essbase 7X to perform high-speed query, reporting and analysis within its worldwide operations. The company is already leveraging Hyperion Master Data Management Server for data synchronicity.


06/28/2005 08:00:57 AM
StreetInsider Alert for PNRA RT$

Jun 28, 2005 (streetinsider.com via COMTEX) --Panera Bread (Nasdaq: PNRA) now sees Q2 earnings between $0.32-0.33 per share, in-line with analysts estimates of $0.33.


06/28/2005 08:00:56 AM
StreetInsider Alert for APOL RT$

Jun 28, 2005 (streetinsider.com via COMTEX) --Apollo Group (Nasdaq: APOL) reports Q3 earnings of $0.77 per share, 3 cents better than estimates. Q3 revenues were $619 million, lower than analysts estimates of $625.53 million. APOL guides slightly lower for Q4 revenue outlook.


06/28/2005 08:00:48 AM
StreetInsider Alert for BMC RT$

Jun 28, 2005 (streetinsider.com via COMTEX) --UBS Securities upgrades BMC Software (NYSE: BMC) from Reduce to Neutral-Price target $17.



06/28/2005 08:00:46 AM
StreetInsider Alert for ALL RT$

Jun 28, 2005 (streetinsider.com via COMTEX) --Merrill Lynch downgrades Allstate (NYSE: ALL) from Buy to Neutral on valuation.


06/28/2005 08:00:46 AM
StreetInsider Alert for CPC RT$

Jun 28, 2005 (streetinsider.com via COMTEX) --Bear Stearns upgrades Central Parking Corp (NYSE: CPC) from Peer Perform to Outperform, saying recent sell-off is overdone.


06/28/2005 08:00:45 AM
StreetInsider Alert for DFIB RT$

Jun 28, 2005 (streetinsider.com via COMTEX) --Cardiac Science Inc. (Nasdaq: DFIB) announced that it has received regulatory approval from the People's Republic of China State Food and Drug Administration to sell its latest line of automatic external defibrillators, including its Powerheart brand public-access AEDs and the Powerheart CRM.


06/28/2005 08:00:37 AM
StreetInsider Alert for EMMS RT$

Jun 28, 2005 (streetinsider.com via COMTEX) --Emmis Communications (Nasdaq: EMMS) reports Q1 earnings of $0.14 per share, 1 cent worse than estimates. Q1 revenues were $162.7 million, higher than analysts estimates of $160.2 million.


06/28/2005 08:00:36 AM
StreetInsider Alert for SONC RT$

Jun 27, 2005 (streetinsider.com via COMTEX) --Sonic Corp. (Nasdaq: SONC) reports Q3 earnings of $0.36 per share, in-line with estimates. Revenues came in at $167.7 million versus the consensus of $168.26 million. Sees FY05 EPS of $1.21 to $1.22 per share versus the consensus of $1.22.


06/28/2005 08:00:24 AM
StreetInsider Alert for THS RT$

Jun 27, 2005 (streetinsider.com via COMTEX) --TreeHouse Foods, Inc. (NYSE: THS) completed its announced spin-off from Dean Foods Company (NYSE: DF) through a distribution of one share of TreeHouse stock for every five shares of Dean Foods Company stock held by Dean Foods Company shareholders on the June 20, 2005 record date. TreeHouse expects that shares of its common stock will begin trading on the New York Stock Exchange under the symbol "THS" on June 28, 2005.


06/28/2005 08:00:23 AM
StreetInsider Alert for PFE RT$

Jun 27, 2005 (streetinsider.com via COMTEX) --Pfizer Inc. (NYSE: PFE) said that a review of all post-marketing ocular event reports has concluded that there is no evidence of increased risk of blindness among patients taking


06/28/2005 08:00:14 AM
StreetInsider Alert for BLS RT$

Jun 27, 2005 (streetinsider.com via COMTEX) --BellSouth Corporation (NYSE: BLS) announced that Mark Feidler, currently chief operating officer, has been named president and chief operating officer, and elected to the Board of Directors.


06/28/2005 08:00:14 AM
StreetInsider Alert for WMT RT$

Jun 27, 2005 (streetinsider.com via COMTEX) --Wal-Mart Stores, Inc. (NYSE: WMT) announced the death of John Walton. A Vietnam War hero, member of the Wal-Mart Board of Directors and philanthropist, Walton was killed when the ultra-light aircraft he was piloting crashed shortly after take-off from the Jackson Hole Airport in Grand Teton National Park. Walton was the second son of Wal-Mart founder, Sam Walton.



06/28/2005 08:00:12 AM
StreetInsider Alert for LIOX RT$

Jun 27, 2005 (streetinsider.com via COMTEX) --Lionbridge Technologies, Inc. (Nasdaq: LIOX) signed a definitive agreement to acquire Bowne Global Solutions, a division of Bowne & Co., Inc. (NYSE: BNE), for at least $180 million (excluding cash received), in a combination of cash and common stock. The transaction is expected to close in the third quarter of 2005 and is expected to be accretive to Lionbridge earnings within the first full quarter of combined operations, excluding restructuring and related expenses.

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