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From the Blogosphere
Morning Movers 3/18: Sun Micro (JAVA) Surges On Possible IBM Deal, Darden (DRI) Up On Solid Results and Gudiance
StreetInsider.com Morning Movers: <>Sun Microsystems Inc. (Nasdaq: JAVA) 66% HIGHER; reports from the Wall Street Journal IBM (NYSE: IBM) in talks to buy the company for at least $6.5 billion in cash to acquire Sun, which is a 100% premium to yesterday's closing price. MORE
Lear Corp. (NYSE: LEA) 30% HIGHER;Reaches Agreement With Lenders to Amend its Primary Credit Facility. MORE
Medicis Pharmaceutical Corp. (NYSE: MRX) 18% LOWER; Teva (Nasdaq: TEVA) announced that the FDA has granted final approval for the Company's Abbreviated New Drug Application to market its generic version of Medicis Ph...
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Analyst upgrades, downgrades and initiations: MCD, BKC, F, GOOG, OZM, WMT
Filed under: Analyst reports, Analyst upgrades and downgrades, Google (GOOG), Wal-Mart (WMT), Ford Motor (F), McDonald's (MCD), Alcoa Inc (AA), QUALCOMM Inc (QCOM), Burger King Hldgs (BKC), Harley-Davidson (HOG), Analyst initiations, Freep't McMoRan Copper (FCX)  Analyst upgrades:
<> Goldman added McDonald's (NYSE:MCD) to its Conviction Buy List as they believe the company will beat their earnings expectations over the next couple quarters. Note that Burger King (NYSE:BKC) was removed from the list.
<>Baird upgraded Woodward Govenor (NASDAQ:WGOV) to Outperform from Neutral citing increased ...
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Lear Good Grasp of the Obvious
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Lear Corporation (LEA) a leading global supplier of automotive seating systems, electrical distribution systems and electronics products, today announced it is withdrawing its full-year 2008 financial guidance as a result of further weakness in global automotive demand and overall industry uncertainty.
That’s good guys. Real good of you to state the absolutely obvious. Basically you have no idea of what to do. The conference call that you will hold to discuss the future is scheduled for Thursday, January 29, 2009 when you will lay out Q4 results which of course will be terrible. By then we< />< />...
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Analyst upgrades, downgrades and initiations: URBN, ACAS, CAT, F, A, COF ...
Too Legit To Quit...
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Yeah I am taking it back to the old school and hitting you up with a little MC Hammer. Back in the day, Hammer had a little assistance from his buddy neon Deon Sanders with this anthem To Legit Too Quit. And with the latest bailout money being tossed around for the auto industry it seems like Congress is saying that Ford, GM and Chrysler are to legit (or to big) to quit! And we have stronger evidence this weekend, with a report written by the Wall Street Journal that indicates that the Big 3 get big dough from a bailout plan that is currently in the works. What does this sound like?!? Well ...
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