AT&T (NYSE:T) Customers Notified of Hacking Attempt

Uploaded by FinancialNewsOnline on Nov 21, 2011

Bloomberg reported that AT&T (NYSE:T) sent an e-mail notice to selected customers advising of "an organized and systematic effort" to hack their online accounts.

The e-mail said: "We recently detected an organized and systematic attempt to obtain information on a number of AT&T customer accounts, including yours. We do not believe that the perpetrators of this attack obtained access to your online account or any of the information contained in that account."

AT&T (NYSE:T) has potential upside of 10.6% based on a current price of $28.29 and an average consensus analyst price target of $31.29.

AT&T should find initial resistance at its 50-day moving average (MA) of $28.79 and further resistance at its 200-day MA of $29.53.

Medtronic (NYSE:MDT) Counting On New products to Drive Revenue

Uploaded by FinancialNewsOnline on Nov 21, 2011

Medtronic (NYSE:MDT) is expected to report Q2 earnings before the market open on Tuesday, November 22 with a conference call scheduled for 8am ET.

Analysts are looking for EPS of $0.82 on revenue of $4.07 billion. The consensus range is $0.79-$0.84 for EPS, and $4.01 billion-$4.13 billion for revenue, according to First Call. Positive catalysts for the company could include increasing revenue from its transcatheter aortic valve implants, renal denervation, and atrial fibrillation products.

Johnson & Johnson's (NYSE:JNJ) departure from the stent business may also prove to be a revenue tailwind for Medtronic. Negative drivers continue to be the ICD and spine segment headwinds. On the company's Q1 earnings call the CEO warned about the effects of macro economic headwinds: "Although Medtronic possesses a number of strengths, it is clear that our industry is facing a very challenging environment. The macroeconomic conditions in many developed countries have led to constrained healthcare budgets and increased pressure on utilization."

On October 18, Cowen initiated Medtronic with an Outperform rating. On November 2, Medtronic was initiated with an Outperform rating at Credit Suisse with a price target of $45.

Belgium - government negotiator asks to quit

Published on Nov 21, 2011 by Euronews

http://www.euronews.net/ The man charged with bringing six parties together to form a coalition government in Belgium has handed in his resignation.

Elio Di Rupo, leader of the French-speaking Socialists, decided to quit after talks on next year's budget failed to produce an agreement.

Despite wanting to go, Di Rupo will need King Albert II to approve his request to resign.

It is the second time Di Rupo has tried to step down. He was stopped from leaving in July when the King refused to let him go.

Spain - Basque peace dividend in Madrid / España - dividendos de la paz vasca en Madrid

Published on Nov 21, 2011 by Euronews

http://www.euronews.net/ Nationalists in Spain's autonomous northern Basque region have real reasons to celebrate these elections. The Amaiur left-wing coalition of several parties has won seven seats in the parliament in Madrid, where leftist nationalists last had a voice 15 years ago. Amaiur was launched officially this year in September.

Now, their leader Sabino Cuadra told them: "We're back! Like people said, in Monteagudo, Navarre, Álava, Bizkaia, Gipuzkoa, to defend our rights and our culture."
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Nacionalistas autónomas de España en el norte de la región vasca tiene motivos reales para celebrar estas elecciones. El Amaiur coalición de izquierda de varios partidos ha ganado siete escaños en el Parlamento en Madrid, donde los nacionalistas de izquierdas última tenía una voz hace 15 años. Amaiur se presentó oficialmente este año en septiembre.

Ahora, su líder Sabino Cuadra les dijo: "Estamos de vuelta igual que la gente dijo, en Monteagudo, Navarra, Álava, Bizkaia, Gipuzkoa, para defender nuestros derechos y nuestra cultura!".

eBay (NASDAQ:EBAY) Acquires Hunch.com (launched in 2009), Terms Not Disclosed - (potential upside 36.3%)

Uploaded by FinancialNewsOnline on Nov 21, 2011

eBay (NASDAQ:EBAY) announced it has acquired the innovative team and technology of Hunch, an online launched in 2009 that delivers customized recommendations to its users banned on their individual tastes.

Mark Carges, Chief Technology Officer and Senior Vice President, Global Products, Marketplaces said, "We are engaging consumers in innovative ways and attracting top technologists to shape the future of commerce. With Hunch, we're adding new capabilities to personalizing the shopping experience on eBay to the individual relevant tastes and interests of our customers. We expect Hunch's technologies to benefit eBay shoppers as they browse and buy, and to bring sellers on eBay new ways to connect the right products with the right customers."

Hunch's employees will remain with the company, including co-founders Chris Dixon, Tom Pinckney and Matt Gattis.

Hunch will continue to be based in New York.

eBay (NASDAQ:EBAY) has potential upside of 36.3% based on a current price of $28.49 and an average consensus analyst price target of $38.84.
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Hunch (website) - Wikipedia, the free encyclopedia

en.wikipedia.org/wiki/Hunch_(website)

Hunch is a website, designed as a collective intelligence decision-making system that uses decision trees to make decisions based on users' interest. Hunch is ...

euronews le mag - Thessalonika's Museum of Photography shows off Spyros Staveris' photos

Published on Nov 21, 2011 by Euronews

http://www.euronews.net/ "A World without Margins" is the title of a retrospective of Spyros Staveris. Thessalonika's Museum of Photography and the 52nd International Film Festival co-organize this exhibition to show 30 years of work by one of Greece's most important photographers.

It includes street scenes, urban life, portraits of celebrities and unknowns, and snapshots of events of all kinds - from local festivals to low brow scenes, much like the photographer's own travels, which for the 61 year-old began in Paris.

Western Digital (NYSE:WDC) Reports Challenge of a $525 Million Arbitration Decision (potential upside 31.3%)

Uploaded by FinancialNewsOnline on Nov 21, 2011

Western Digital (NYSE:WDC) reported that on November 18, an arbitration award of $525 million was rendered against the company by a sole arbitrator in a pending confidential arbitration action in Minnesota.

The amount of the award does not include prejudgment interest, which will be subsequently determined. The award involves claims brought by Seagate Technology LLC (NASAQ:STX) against WD and one employee who was formerly employed by Seagate, alleging misappropriation of confidential information and trade secrets.

CEO John Coyne said in a statement, "We do not believe there is any basis in law or fact for the damage award of the arbitrator. We believe the company acted properly at all times and we will vigorously challenge the award. This does not affect our ability to conduct our operations, to complete the recovery and recommencement of our Thailand operations or, subject to obtaining the required regulatory approvals, to consummate our planned acquisition of Hitachi GST."

Western Digital (NYSE:WDC) has potential upside of 31.3% based on a current price of $25.45 and an average consensus analyst price target of $33.43.

USA - No deal to ease the Budget deficit

Published on Nov 21, 2011 by Euronews

http://www.euronews.net/ In the U.S. a so called 'super committee' is set to admit defeat in its bid to come to grips with the country's debt deficit.

The Republican and Democrat leaders of the 12- member committee will release a statement saying three months of talks have failed to bridge deep divides over taxes and spending.

It is seen as another sign that U.S lawmakers are too entrenched to compromise on the tax increases and benefit cuts which experts say are necessary.