Buyside articles from April 2002

Buyside archives from April 2002

AGL Resources, Inc.(Brief Article)(Statistical Data Included)
April 1, 2002... (ATG: NYSE) RATING: OUTPERFORM COMPANY DESCRIPTION: AGL Resources, Inc. is a regional energy holding company based in Atlanta, Ga. Principally, the company is in the natural gas distribution business throughout the Southeast and is the...

ABB. (Citibank Depositary Receipt Issuers).(Brief Article)
April 1, 2002... Country: Switzerland Exchange: NYSE Ticker: ABB CUSIP: 000375204 Ratio (Ords to ADRs): 1:1 ABB is a global leader in power and automation technologies that enable utility and industry customers to improve performance...

ASM International. (Citibank Depositary Receipt Issuers).(Brief Article)
April 1, 2002... Country: Netherlands Exchange: NASDAQ Ticker: ASMI CUSIP: N07045102 Ratio (Ords to NYRSs. (*)): 1:1 ASM International N.V. is a leading supplier of semiconductor process equipment in both front- and back-end markets....

Bradesco. (Citibank Depositary Receipt Issuers).(Brief Article)(Statistical Data Included)
April 1, 2002... Country: Brazil Exchange: NYSE Ticker: BBD CUSIP: 059460204 Ratio (Ords to ADRs): 5000:1 Banco Bradesco is the largest privately-owned commercial bank in Brazil. Founded in 1943, in the interior of the State of Sao...

CRH plc. (Citibank Depositary Receipt Issuers).(Brief Article)
April 1, 2002... Country: Ireland Exchange: NASDAQ Ticker: CRHCY CUSIP: 12626K203 Ratio (Ords to ADRs): 1:1 CRH plc is a Top-5 international building materials group, with over 1,500 locations in 22 countries primarily in Europe and...

Koninklijke Philips Electronics N.V. (Citibank Depositary Receipt Issuers).(Brief Article)
April 1, 2002... Country: Netherlands Exchange: NYSE Ticker: PHG CUSIP: 500472204 Ratio (Ords to NYRSs (*)): 1:1 Philips is one of the world's top 10 semiconductor companies, the global number one in lighting, number two in medical...

The Sandvik Group. (Citibank Depositary Receipt Issuers).
April 1, 2002... Country: Sweden Exchange: OTC Ticker: SAVKY CUSIP: 800212201 Ratio (Ords to ADRs): 1:1 The Sandvik Group, with headquarters in Sandviken, is one of Sweden's largest export companies, with worldwide business activities...

SKF aktiebolaget. (Citibank Depositary Receipt Issuers).
April 1, 2002... Country: Sweden Exchange: NASDAQ Ticker: SKFRY CUSIP: 784375404 Ratio (Ords to ADRs): to 1:1 SKF is the leading global supplier of products, customer solutions and services in the rolling hearing and seals business. SKF...

Sonera Corporation. (Citibank Depositary Receipt Issuers).(Brief Article)
April 1, 2002... Country: Finland Exchange: NASDAQ Ticker: SNRA CUSIP: 835433202 Ratio (Ords to ADRs): 1:1 Sonera Corporation (HEX: SRA) is a leading provider of mobile and advanced telecommunications services. Sonera is growing as on...

UPM-Kymmene Corporation. (Citibank Depositary Receipt Issuers).(Brief Article)
April 1, 2002... Country: Finland Exchange: NYSE Ticker: UPM CUSIP: 915436109 Ratio (Ords to ADRs): to 1:1 UPM-Kymmene ranks second in Europe and fourth in the world in paper and board production. The production capacity of over 9 million...

Lloyds TSB.(Brief Article)(Statistical Data Included)
April 1, 2002... ONE OF THE WORLD'S MOST PROFITABLE BANKS Lloyds TSB is a UK-based premier global financial services company with operations across three continents. With over 80,000 employees, Lloyds TSB provides retail banking, wealth management, personal...

Life in the balance. (Publisher's Letters).(Letter to the Editor)
April 1, 2002... Gail Dudack noted an interesting comment generated during the FOMC's March 19 meeting: "The risks are balanced..." Dudack went on to say that she agreed, and that an application to the stock market fit as well. That "balance" is more like...

2001 top managers by asset class ranked by InvestorForce. (Rank and File).(Brief Article)(Statistical Data Included)
April 1, 2002... InvestorForce, a provider of technology-based business solutions to institutional investment professionals, has identified the top-10 performing equity and fixed income separate account managers in 19 asset classes. The survey was based on...

The cream of the crop gets its kudos in IR Magazine Awards. (Rank and File Part II).(Brief Article)
April 1, 2002... IR Magazine, In association with Barron's, announced the winners of its U.S. 2002 Investor Relations Magazine Awards. The awards provide the corporate world with solid benchmarks of achievement in corporate communications. Included in the list...

Tracks and treks of money managers and analysts. (Buside on the Buy Side).
April 1, 2002... Techvest announced the launch of a new Asset Advisory service focused on biotechnology and medical technology investing. "Our service appeals to investors that are unwilling or unable to commit to the large sums and long lock-ups demanded by...

FTSE strengthens index range in Asian markets. (Foreign Collaborators).(Brief Article)
April 1, 2002... FTSE Group. the global index provider, has expanded its range of offerings for international investors in the Asian markets with a collaboration with HSI International, the company that calculates the Hang Seng indexes. The companies have...

Making the grade: Buyside's who's-who of stocks that made the grade with a recommendation upgrade or initiation to 'strong buy'. (For Strong Buys Only).
April 1, 2002... DIVERSIFIED SERVICES eBay (EBAY) BASIS FOR STRONG BUY: We recently upgraded our investment rating on shares of eBay to strong buy from buy, and believe that the recent sell-off in the stock has created an attractive entry point...

A league of his own. (Money Manager Profile: Scott T. Brayman\Sentinel).(Brief Article)
April 1, 2002... Scott T. Brayman, portfolio manager for the Sentinel Small Company Fund (SAGWX), has a flare for finding budding businesses. Like an NFL scout in search of top prospects, Brayman hand-picks his company base using similar standards. If a...

It's only rock 'N roll. (Money Manager Profile: David Pullman\The Pullman Group).(Brief Article)
April 1, 2002... If scanning the prospectus of yet another oilfield services or regional bank has become about as exciting as reading a cereal box, then maybe you should try making a play for the Thin White Duke or the Soul Man. The Pullman Group made a...

A piece of the rock: Old economy financial services and food service blended with high tech defense in the best of December's IPOS. (IPOs).(Brief Article)(Statistical Data Included)
April 1, 2002... The IPO market is starting to take on a familiar face with the success of new issues that emerged in the fourth quarter of last year. December's IPO calendar brought some heavyweights ranging from an insurance record-breaker to a defense stock...

Magic bus: Investors set to ride on Prudential's bus tour of Silicon Valley. (Silicon Valley Bus Tour).(Brief Article)
April 1, 2002... For the third year running. John McPeake of Prudential Securities will be asking his institutional clients to get on the bus for three days of touring the Silicon Valley. Each day during the April trip riders will visit as many as seven...

Symantec Corporation. (Prudential Securities).(Brief Article)(Statistical Data Included)
April 1, 2002... Enterprise Software (SYMC: NASDAQ) Recommendation: Buy Company Profile: Symantec Corp., based in Cupertino, Calif., is a world leader in antivirus software for both enterprise and individual computing. Symantec also provides...

Credit due: Sandler O'Neill & Partners keeps the flame lit with its February West Coast Financial Services Conference. (West Coast Financial Services Conference).(Brief Article)
April 1, 2002... Sandler O'Neill & Partners' West Coast Financial Services Conference carried tremendous symbolic value. Badly hit in the tragedy of September 11 -- its rebuilding was the focus of a Fortune January cover story -- the firm's amazing rebound is...

Balance Equals: Robert W. Baird & Co. remains strong and ahead of the market despite economic volatility.
April 1, 2002... While everyone longs for the return of the bulls, Robert W. Baird & Co.'s Director of Research Bob Venable says working in a recession is more exciting and challenging. Everyone knows that doing well in a good year isn't exactly as easy as...

SPSS Inc.: Technology services. (Baird/U.S. Equity Research).(Brief Article)(Statistical Data Included)
April 1, 2002... (SPSS: NASDAQ) RATING: MARKET OUTPERFORM COMPANY DESCRIPTION: Incorporated in 1975 and headquartered in Chicago, Ill., SPSS Inc. develops, markets and supports analytical and statistical software products and services that enable the...

Watts Industries, Inc.: Utilities. (Baird/U.S. Equity Research).(Brief Article)(Statistical Data Included)
April 1, 2002... (WTS: NYSE) RATING: MARKET OUTPERFORM COMPANY DESCRIPTION: For more than 125 years, Watts Industries, Inc. has designed, manufactured and distributed products that promote the comfort and safety of people in the quality and...

Gene Logic Inc.: Health care/life sciences. (Baird/U.S. Equity Research).(Statistical Data Included)
April 1, 2002... (GLGC: NASDAQ) RATING: MARKET OUTPERFORM COMPANY DESCRIPTION: Gene Logic Inc. is a leading supplier of genomic information through an integrated informatics platform used by pharmaceutical, biotechnology and other life sciences...

Avocent Corporation: Supply chain technology. (Baird/U.S. Equity Research).(Brief Article)(Statistical Data Included)
April 1, 2002... (AVCT: NASDAQ) RATING: STRONG BUY COMPANY DESCRIPTION: Avocent Corporation develops, produces and markets keyboard, video monitor and mouse (KVM) switches, extension and remote access products for use in the computer industry. The...

Exactech, Inc.: Medical technology. (Baird/U.S. Equity Research).(Brief Article)(Statistical Data Included)
April 1, 2002... (EXAC: NASDAQ) RATING: MARKET OUTPERFORM COMPANY DESCRIPTION: Exactech, Inc. headquartered in Gainesville, Fla., participates in the large domestic and international orthopedic markets, primarily in the joint-replacement area. The...

The Business of Medicine. (Robert W. Baird & CO.).(medical technology investments)(Brief Article)
April 1, 2002... THE BUSINESS OF MEDICINE IS being driven by ongoing technological advancements, according to Suey Wong, a medical technology analyst with Robert W. Baird & Co. New products range from low-tech improvements in contact lenses and dental fillings...

Henry Schein, Inc.: Health care/life sciences.(Brief Article)(Statistical Data Included)
April 1, 2002... HEALTH CARE/LIFE SCIENCES. (Baird/U.S. Equity Research) (HSIC: NASDAQ) RATING: STRONG BUY COMPANY DESCRIPTION: Henry Schein, Inc., headquartered in Melville, NewYork, is the largest direct marketer of healthcare products and...

JDA Software Group, Inc.: Software. (Baird/U.S. Equity Research).(Brief Article)
April 1, 2002... (JDAS: NASDAQ) RATING: STRONG BUY Company Description: Based in Scottsdale, Ariz., JDA Software Group, Inc. is a leading vendor of a comprehensive application suite (JDA Portfolio) to retailers operating in all of the major retailing...

Enterprising analysis. (Robert W. Baird & Co.).(Brief Article)
April 1, 2002... ONE THING THAT PATRICK SNELL can always count on in his work is that nothing ever stays the same. Fortunately, he likes it that way. Snell covers enterprise software, an industry that he describes as "always evolving." A director and...

Aspen Technology, Inc.: Supply chain/B2B commerce. (Baird / U.S. Equity Research).(Brief Article)
April 1, 2002... (AZPN: NASDAQ) RATING: STRONG BUY COMPANY DESCRIPTION: Aspen Technology, Inc. is a leading provider of software applications that facilitate the automation, integration and optimization of engineering, manufacturing and supply-chain...

TECO Energy, Inc.: Utilities. (Baird/U.S. Equity Research).(Brief Article)
April 1, 2002... (TE: NYSE) RATING: STRONG BUY Company Description: TECO Energy, Inc. is a diversified energy company headquartered in Tampa, Florida. With total assets of $6.6 billion, TECO Energy, through its largest subsidiary, Tampa Electric,...

Post-Enron positives. (Robert W. Baird & Co.).(Brief Article)
April 1, 2002... DAVE PARKER IS NOT THE TYPE OF guy who takes himself too seriously, although other people do. Recognized by The Wall Street Journal and Reuters for his work as a senior utilities analyst and a director of equity research for Robert W. Baird &...

Mystery solved. (Robert W. Baird & Co.).(Brief Article)
April 1, 2002... A GREAT MYSTERY NOVEL KEEPS YOU guessing right up until the final pages. However, as any super sleuth can attest, discovering who the real killer is involves more than mere speculation. Stephen Keane of Robert W. Baird & Co. is a man who...

The Genlyte Group Inc.: Lighting fixtures & controls. (Baird/U.S. Equity Research).(Brief Article)
April 1, 2002... (GLYT: NASDAQ) RATING: MARKET OUTPERFORM Company Description: The Genlyte Group, Inc. is a leading manufacturer of lighting fixtures and controls for the commercial, industrial and residential markets. In August 1998, Genlyte combined...

Albany International Corp.: Manufacturing. (Baird/U.S. Equity Research).(Brief Article)
April 1, 2002... (AIN:NYSE) RATING: MARKET OUTPERFORM COMPANY DESCRIPTION: Albany International Corp. is the world's leading manufacturer of paper machine clothing. Operating in 13 countries, the company has grown from a producer of press fabrics in...

Fuzzy math. (Special Report the Accounting Crisis).
April 1, 2002... Enron may not end up looking like a choirboy, but when it comes to creative accounting, it is far from alone, and the damages may be farther reaching than expected. Enron, Tyco and K-Mart make for spectacular headlines, but the...

Who's at the helm? With biotech and pharma companies succumbing to the foibles of the dot coms, and a lack of FDA leadership, strong management is crucial. (Biotech Pharma).
April 1, 2002... Putting money into biotechnology may be the closest a lot of investors get to dabbling in magic. Biotech, in the eyes of its most ardent supporters, holds the key to life itself. It promises to create new drugs to combat dread diseases, at the...

Bringing up baby: The no longer nascent segment, SMID Caps, takes a step into maturity with outperformance in two official indexes. (Smid Cap Stocks).(Statistical Data Included)
April 1, 2002... The recently discovered market segment coined the 'smid caps' by Prudential's Steven DeSanctis is an intriguing combination of small caps and mid-caps. What's more, it's become official, thanks to two new indexes. DeSanctis, director of...

Research & Discovery: Lesser known companies may need to be creative to get their foot in an investor's door, but is paid for research the right answer? (Research Practice).
April 1, 2002... While the industry and its regulators wrestle with ways to rein in the runaway accounting schemes that threaten to collapse corporate earnings and bolster investor confidence, the concept of fair disclosure is making for some strange...

A brief inquiry: Searching for key stocks in a turning economy, we scrutinize Salomon Smith Barney's Top Picks 2002 list.
April 1, 2002... The buzz is in the air: economic recovery. The mood on Wall Street has brightened as investors are beginning to buy rather than just sell. As the market rebounds, substantive analysis will help determine where money managers can make their...

Taking on the mantle: For SunTrust Robinson Humphrey, strong proprietary research remains a high priority. (SunTrust Robinson Humphrey).
April 1, 2002... If only every corporate merger could go this smoothly. Since SunTrust Equitable Securities Corp. and SunTrust Banks successfully acquired the investment banking and capital markets divisions of The Robinson-Humphrey Co. on July 27, 2001, the...

Corinthian Colleges, Inc.(Brief Article)
April 1, 2002... (COCO: NASDAQ) RATING: BUY COMPANY DESCRIPTION: Headquartered in Santa Ana, Calif., Corinthian Colleges, Inc. is a leading provider of career-focused higher education services. The company currently serves more than 28,500 students...

SpectRx, Incorporated.(Brief Article)
April 1, 2002... (SPRX: NASDAQ) RATING: OUTPERFORM COMPANY DESCRIPTION: SpectRx, Incorporated is a medical technology company providing innovative detection, monitoring and treatment solutions for the diabetes and non-invasive diagnostic healthcare...

FINTRAC and the two edged sword. (Inside Buyside Canada).(Brief Article)
April 1, 2002... In general, life is pleasantly normal for the moment. The pain and anxiety of September 11 seem to have faded a bit, though people still acknowledge that life will never be the same. FINTRAC is one of the ways in which life will never be...

BuysideCanada on the buy side. (BuysideCanada Insights & Conference Calendar).(Brief Article)
April 1, 2002... Scotiabank Group has completed the purchase of Charles Schwab Canada, Co. from The Charles Schwab Corp. The purchase of Charles Schwab Canada, Co. represents the acquisition of a client base in both direct investing and full-service brokerage...

The right chemistry: Biotechs forge ahead as investor interest slackens, offering opportunities. (Biotech & Pharma).
April 1, 2002... Investor impatience. combined with some disappointing test results, has created good opportunities in the Canadian biotechnology sector. Sheila Broughton, CFA, a biotechnology analyst with Pacific International Securities in Vancouver....

A profitable passion. (Money Manager Profile: Patrick F. Slater \ QVGD Investors).
April 1, 2002... The road to success isn't always a straight path. For Patrick Slater, the diversions along the way have given him the ability to do what most of us only dream about -- turn passions into professions. As vice president and portfolio manager...