this video should be a wake up call for all who are not in the know.
MarketWatch.com - Pre-Market Indications
Wednesday, April 9, 2008
Watch for these consolidations in 2008.
> 1.) Hale Business Systems, Mary Kay Cosmetics, Fuller
> Brush, and W. R. Grace Co. Will merge and become:
> Hale, Mary, Fuller, Grace.
> 2.) PolyGram Records, Warner Bros., and Zest Crackers
> join forces and become:
> Poly, Warner Cracker.
> 3.) 3M will merge with Goodyear and become:
> 4. Zippo Manufacturing, Audi Motors, Dofasco, and
> Dakota Mining will merge and become:
> ZipAudiDoDa .
> 5. FedEx is expected to join its competitor, UPS, and
> 6. Fairchild Electronics and Honeywell Computers will
> Fairwell Honeychild.
> 7. Grey Poupon and Docker Pants are expect ed to
> 8. Knotts Berry Farm and the National Organization of
> Women will become:
> Knott NOW!
> And finally ..
> 9. Victoria 's Secret and Smith &Wesson will merge
> under the new name:
> TittyTittyBang Bang
this is obviously a joke. do not trade on this info.
MERGERS -- WORTH A LOOK
Posted by st0ckman at 11:18 AM
Rising food prices could spark worldwide unrest and threaten political stability, the UN's top humanitarian official warned yesterday after two days of rioting in Egypt over the doubling of prices of basic foods in a year and protests in other parts of the world.
Sir John Holmes, undersecretary general for humanitarian affairs and the UN's emergency relief coordinator, told a conference in Dubai that escalating prices would trigger protests and riots in vulnerable nations. He said food scarcity and soaring fuel prices would compound the damaging effects of global warming. Prices have risen 40% on average globally since last summer.
"The security implications [of the food crisis] should also not be underestimated as food riots are already being reported across the globe," Holmes said. "Current food price trends are likely to increase sharply both the incidence and depth of food insecurity."
He added that the biggest challenge to humanitarian work is climate change, which has doubled the number of disasters from an average of 200 a year to 400 a year in the past two decades.
As well as this week's violence in Egypt, the rising cost and scarcity of food has been blamed for:
· Riots in Haiti last week that killed four people
· Violent protests in Ivory Coast
· Price riots in Cameroon in February that left 40 people dead
· Heated demonstrations in Mauritania, Mozambique and Senegal
· Protests in Uzbekistan, Yemen, Bolivia and Indonesia
UN staff in Jordan also went on strike for a day this week to demand a pay rise in the face of a 50% hike in prices, while Asian countries such as Cambodia, China, Vietnam, India and Pakistan have curbed rice exports to ensure supplies for their own residents.
Officials in the Philippines have warned that people hoarding rice could face economic sabotage charges. A moratorium is being considered on converting agricultural land for housing or golf courses, while fast-food outlets are being pressed to offer half-portions of rice.
Food price rises threaten global security - UN | Environment | The Guardian
In reaction to strong earnings/guidance: ZZ +15.5% (also upgraded to Outperform at Morgan Keegan), CPKI +5.3%, SIG +5.2%, CC +4.9%, MIND +4.7%, WBSN +4.6%, XRM +3.1%...
M&A news: EPMD +87.2% ( to be acquired by St. Jude Medical; shareholders will receive $3.00), IOM +4.1% (EMC Corp to acquire Iomega in a cash tender offer of $3.85/share)...
Other news: SPR +10.7% (disclosed in 8-k that co and Boeing amended their existing B787 supply agreement), TGEN +9.9% (announces publication of preclinical data 'Supporting the Use' of AAV Vectors to deliver siRNA), CRXL +6.9% (Aeras, Crucell and SATVI announce 'Encouraging' preliminary results of tuberculosis vaccine clinical trial in South Africa), PMRY +5.6% (comments on Schedule 13D filing proposing $7.05/share takeover, co will consider offer), VASC +5.4% (announces settlement of patent litigation with Diomed; one-time payment of $3.586 mln to Diomed), FMD +2.9% (modestly rebounding after yesterday's decline 30%+), C +2.3% (near deal to sell $12 bln loans to private equity - FT), WBD +2.2% (Cramer makes positive comments on MadMoney), IBN +2.1% (still checking), ERIC +1.9% (chief reiterates outlook and plan to take market share - Bloomberg), HON +1.8% (wins $23 bln contract to supply next generation HTF7500-E turbofan propulsion system for New Embraer business jets), BP +1.5% (BP and ConocoPhillips plan Alaska gas pipeline - NY Times), AZN +1.5% (modestly rebounding after yesterday's decline), BA +1.3% (revises 787 first flight and delivery plans; adds schedule margin to reduce risk of further delays; 'no change to '08 earnings guidance'), CMCSA +1.2% (asks court to overturn FCC decision on set-top boxes -- Bloomberg), FRE +1.1% (requires remediation plan from PMI Mortgage Insurance after ratings downgrade)...
Analyst upgrades: GTI +3.1% (upgraded to Outperform at Oppenheimer), FRP +2.2% (upgraded to Buy at Soleil)
Gapping up: TGEN +22.0%, ZZ +11.1%, WBSN +6.2%, CPKI +5.3%, MIND +4.7%, IOM +3.8%, XRM +3.1%, SGR +3.0%, C +3.0%, WBD +2.2%, DELL +2.1%, ERIC +1.9%, HON +1.6%, AZN +1.5%, BP +1.3%, FRE +1.1%...
Gapping down: ACAT -12.5%, FORM -7.6%, ACLI -7.2%, AMAG -6.4%, UBS -4.2%, IMNY -3.9%, CDS -3.3%, BBBY -3.0%, LEH -2.7%, BEN -2.4%, AMR -2.2%, WM -2.2%, SPSN -2.0%, EOG -1.8%, FDX -1.6%.
NYSE Arca Morning Update for Wednesday, Apr 9, 2008 :
10 Most Active stocks on NYSE Arca as of 08:30:00 ET
|Based on Dollar Volume:||Based on Share Volume:|
NYSE Arca Morning Update
- AthenaHealth (NASDAQ: ATHN) started as Outperform at JMP Securities.
- Bed Bath & Beyond (NASDAQ: BBBY) cut to Sell at Piper Jaffray.
- Canadian Natural Resources (NYSE: CNQ) raised to overweight at Lehman Brothers.
- Clear Channel (NYSE: CCU) cut to Hold at Stanford Research.
- Corinthian Colleges (NASDAQ: COCO) cut to Neutral at Piper Jaffray
- Estee Lauder (NYSE: EL) cut to Sell at Piper Jaffray.
- ITT Educational (NYSE: ESI) cut to Neutral at Piper Jaffray.
- Salesforce.com (NYSE: CRM) cut to Market Perform at Bernstein.
- Southern Copper (NYSE: PCU) started as Sell at Citigroup.
- Urban Outfitters (NASDAQ: URBN) cut to Neutral at Piper Jaffray.
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Pre-Market Most Active Stocks - NASDAQ Premarket