ARGUS Reiterates a 'Sell' on Liz Claiborne (LIZ); Lowers 2009 Estimates Mar 6, 2009 08:36AM

ARGUS reiterates a 'Sell' rating on Liz Claiborne Inc. (NYSE: LIZ).

ARGUS analyst says, "The company is cutting costs and working to reduce debt and ...


Morning Movers 1/13: ZymoGenetics (ZGEN) Up On Bristol-Myers Deal; Lexmark (LXK) Down On Guidance Jan 13, 2009 10:02AM

StreetInsider.com Morning Movers:
Targanta Therapeutics (Nasdaq: TARG) 104% HIGHER; Medicines Company (Nasdaq: MDCO) to acquire Targanta for $2.00 per share in cash. Targanta shareholders may also be entitled to receive additional contingent cash payments upon the achievement of specified regulatory and commercial milestones within agreed upon time periods.

ZymoGenetics, Inc. (Nasdaq: ZGEN) 28% HIGHER; Bristol-Myers Squibb Company (NYSE: BMY) and ZymoGenetics announced a global collaboration for PEG-Interferon lambda, a novel type 3 interferon currently in Phase Ib development for the treatment of Hepatitis C, and its related development program. Click here for the full report.

Prestige Brands Holdings, Inc. (NYSE: PBH) 20% LOWER; said revenues for the fiscal 2009 third quarter are expected to be essentially even with the prior year comparable quarter. Last year, revenues were $80.22 million and the consensus for this year is $82.6 million. The company cited a slowing retail environment and trade inventory reductions. Due ...


David Moenning's Daily State of the Markets: 11/26 Nov 26, 2008 09:40AM

I’d Like an ‘S’ Please

Although I fully recognize that yesterday’s warm and fuzzy session was sponsored by the government’s latest acronym, I will have to admit that I am less than enamored with the name. Think about it; when Hank Paulson announced the Troubled Asset Relief Program, the name “TARP” made perfect sense. At that time, the plan was to round up $700 Billion of those nasty mortgage-backed securities and hide them under “the TARP” in order to keep the bad assets away from the good assets on bank and brokerage firm balance sheets. Then once the government tied down the corners and the loose ends – boom, everything was supposed to be fine.

And while I also recognize that the TARP isn’t exactly being used as it was originally intended, you have to give the powers-that-be some credit for coming up with not only what was a decent ...