2.05.2007

COLLECTOR'S ITEM?

Futures are trading slightly lower this AM with some interesting news on the wire:

Carl Icahn group proposes to Buy LEA at $36; STT to Buy IFIN for $4.5B; Credit Suisse upgrades DELL; UBS initiates SWN with a Buy; GS upgrades BP to Buy; CTSH beats by 3 cents, revenues rose 65% to $424M vs $408 consensus and sees EPS of $.47 vs $.45 and revenue of $448 vs 433 consensus; HOG dissed by the WSJ; Barrons sees downside greater than upside for MSFT; Wachovia cuts estimates for PSUN GPS and ANN; RBC raises target for AVB to $165 from $148; CIBC raises target for CVX to $82 from $73; JEF upgrades MXIM to Buy and $38 target; GS raises estimates for ICE;

Gapping up- IFIN MLS ANAD CLWT SIFY CTSH CROX RMBS;

Gapping down- CBRX NOVL IFX RACK GFI MRVL;

1 Comments:

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