Lehman Brothers
Pharsight Corporation (Nasdaq: PHST) 32.8% HIGHER; Tripos agreed to acquire Pharsight Corporation for approximately $57 million in cash, or $5.50 per share. Tripos is wholly owned by Vector Capital, a San Francisco-based private equity.
Lehman Brothers Holdings Inc. (NYSE: LEH) 32.8% LOWER; reports hit the wires early this morning saying that talks with Korea Development Bank have ended. Reuters later issued a report refuting this, but no one really knows what is going on with the stock. We are hearing rumors that Lehman could pre-announce earnings in an ...
Barry Rosenstein's JANA Partners released its 13F for the quarter ended June 30, 2008. The firm showed new stakes in Genentech, Nokia, Peabody Energy, Sears, unitedhealth and Washington Mutual. JANA boosted its stakes in AK Steel, Focus Media, Microsoft and Transocean while lowering positions in Anadarko, Cisco, Oracle and Williams Companies. Notably, JANA also liquidated its stakes in Amazon, Apple, CSX Corp., Freeport-McMoRan, Garmin, Lehman Brothers, SLM and Wyeth.
Below is a full summary:
New Stakes:
Agilysys (Nasdaq: AGYS) 765,060 shares
Alpha Natural Resources (NYSE: ANR) 235,000 shares
Arena Resources (NYSE: ARD) 120,000 shares
Belden (NYSE: BDC) 750,000 shares
Century Aluminum (Nasdaq: CENX) 1,204,656 shares
Chubb Corp. (NYSE: CB) 1,517,799 shares
Colfax (NYSE: CFX) 450,000 shares
Columbus McKinnon (Nasdaq: CMCO) 142,755 shares
ConocoPhillips (NYSE: COP) 350,000 shares through puts
Devon Energy (NYSE: DVN) 445,000 shares
EchoStar (Nasdaq: SATS) 554,571 shares
Elizabeth Arden (Nasdaq: RDEN) 148,594 shares
EV3 (Nasdaq ...
StreetInsider.com Notable Analyst Rating Changes:
UPGRADES:
Jefferies upgrades Salesforce.com (NYSE: CRM) from Hold to Buy.
Lehman Brothers upgrades EW Scripps (NYSE: SSP) from Underweight to Overweight and raises thier price target from $43 to $57, citing the long-term outlook for the company's cable network ...
Summary of JANA Partners 13F for the quarter ended March 31, 2008, compared to the quarter ended December 31, 2007.
New Positions:
Actuate (Nasdaq: ACTU) new 3,705,583 share stake
Amazon.com (Nasdaq: AMZN) new 250,000 share stake through puts
American International Group (NYSE: AIG) new 200,000 share stake through calls
Apple (Nasdaq: AAPL) new 350,000 stake through calls
Arris Group (Nasdaq: ARRS) new 1,900,000 share stake
Arthorocare (Nasdaq: ARTC) new 494,979 share stake
Calpine (NYSE: CPN) new 10,204,327 share stake
Citigroup (NYSE: C) new 1,000,000 share stake through puts
Commercial Metals (NYSE: CMC) new 2,890,314 share stake
CONSOL Energy (NYSE: CNX) new 814,927 share stake
Crocs (Nasdaq: CROX) new 780,156 share stake
Diana Shipping (NYSE: DSX) new 200,000 share stake
DryShips (Nasdaq: DRYS) new 194,415 share stake
Focus Media (Nasdaq: FMCN) new 3,056,132 share stake
Forestar Real Estate Group (NYSE: FOR) new 673,317 share stake
Frontier Oil (NYSE ...
