Tuesday, March 20, 2007

Morning News Roundup

Here are some of the highlights on this morning's tape:
  • Piper starts ELOS with Outperform ($31 tgt)
  • Accredited Home Lenders announces $200 mln term loan commitment
  • Recommend aggressive accumulation of PAY - Suntrust
  • Affiliated Computer founder & Cerberus offer to buy ACS for ~59.25/share
  • Progress Software beats by $0.02
  • Silicon Motion raises revenue guidance for Q1
  • Boeing 787 sales book filled until late 2013 - Chicagotribune.com
  • Housing Starts 1525K vs 1445K consensus
  • Allegheny Tech tgt raised to $116 from $104 at BofA
  • PeopleSupport added to Focus List at Amtech
  • Global semiconductor equipment sales up 23% in 2006
  • ISIS Pharm reinitiated with a Buy at Fortis- tgt $13

long ELOS

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