Monday, November 21, 2011

Greece - New premier visits Brussels to fight for aid

Published on Nov 21, 2011 by
http://www.euronews.net/ Greece's new Prime Minister Lucas Papademos has repeated that all parties in his unity coalition must give written support to the country's new bailout plan.

His warning came on a visit to Brussels. Up until now, Greek conservative leader Antonis Samaras has refused to provide such a commitment.

Britain - Actor Hugh Grant accuses British newspaper of phone hacking


Published on Nov 21, 2011 by
http://www.euronews.net/ Actor Hugh Grant has told an inquiry into UK media ethics that his phone may have been hacked by a tabloid newspaper, not owned by Rupert Murdoch.

Giving evidence in London, he said he believes Britain's Mail on Sunday accessed his voicemails before publishing a story in 2007 about his love life.

"I cannot, for the life of me, think of any conceivable source for this story in the Mail on Sunday except those voice messages on my mobile telephone," he told the Leveson inquiry.

AMR Corp. (NYSE:AMR) Selects IAE's V2533-A5 to Power New A321 Fleet (potential upside 174.8%)

Uploaded by on Nov 21, 2011
International Aero Engines has entered into an agreement that will enable the company to play a key role in American Airlines' fleet transformation.

As a part of this pact, IAE will provide American's future fleet of new Airbus A321 aircraft with its V2533-A5 engines.

Bob Reding, executive vice president of operations for American Airlines said, "American Airlines is pleased to select the IAE V2533-A5 engine to power our new A321 aircraft. This engine has some of the best fuel, noise, emission and operating efficiency in its class and will therefore allow us to achieve significant cost savings. IAE is a terrific company and we look forward to establishing a close partnership with them as we introduce the Airbus A321 into our fleet."

The financial terms and conditions have not been disclosed.

AMR (NYSE:AMR) has potential upside of 174.8% based on a current price of $1.74 and an average consensus analyst price target of $4.78.

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


Uploaded by 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 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
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
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 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 ...