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July 26, 2007

Staying Positive on Hoku Scientific

We believe the stock remains undervalued, and we reaffirm our BUY recommendation on HOKU common stock with a six-month target price of $13.00

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Morgan Stanley Profit Rises on Trading, Investment-Banking Fees

Dec. 19 (Bloomberg) -- Morgan Stanley, the world's second- largest securities firm, said fourth-quarter profit rose a better-than-expected 26 percent as a rally in stocks, bonds and currencies fueled trading and investment-banking fees climbed. Click here for more info

Koizumi supports plan to restrict off-hours stock trading

_ Prime Minister Junichiro Koizumi voiced support Thursday for a government plan to revise the Securities and Exchange Law in the wake of Livedoor Co.'s surprise acquisition of a major stake in Nippon Broadcasting System Inc. through off-hours trading.

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Trading Guru Niederauer Seen Capable Operator For NYSE

NEW YORK -(Dow Jones)- As markets digest reports that John Thain is ready to step down as CEO of NYSE Euronext (NYX) to take the helm of Merrill Lynch & Co. (MER), they're finding comfort that person likely to be tapped to head the iconic institution is Duncan Niederauer.

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