Dallas, TX -- (ReleaseWire) -- 07/07/2008 -- Today’s TraderNotes include: Google Inc. (Nasdaq: GOOG), Fifth Third Bancorp. (Nasdaq: FITB), Penn National Gaming Inc. (Nasdaq: PENN), Radian Group Inc. (NYSE: RDN), Rite Aid Corp. (NYSE: RAD), Trident Microsystems Inc. (Nasdaq: TRID), Atmel Corp. (Nasdaq: ATML) and Advanced Analogic Technologies Inc. (Nasdaq: AATI).
“Google Inc. (GOOG) shares inched nearly 2% to $545.30 just after Monday’s opening bell. Google, a technology company, maintains index of Web sites and other online content for users, advertisers, Google network members, and other content providers. Its automated search technology helps users to obtain instant access to relevant information from its online index…
“Recently, Google tackled the new issue of online privacy after a U.S. judge ordered YouTube, its online video site, to hand over records detailing the viewing habits of its millions of users…
“The order from the judge will force YouTube to hand over computer logs that contain information that could be used to identify the videos viewed by YouTube users and, potentially, the computers on which they were viewed…”
“Fifth Third Bancorp (FITB) shares rose nearly 2% to $10.56 Monday morning. The diversified financial services holding company recently announced several initiatives intended to strengthen its capital position, including the potential sale of certain noncore assets…
“According to some experts, Fifth Third's processing-solutions segment, which includes Fifth Third's merchant-acquiring franchise and the Jeanie electronic funds transfer (EFT) network, is a potential asset that is not being fully valued by the market, whose value could be monetized through either a sale or some form of equity offering…”
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Beacon Equity Research Disclosure
The analysts contributing to this report do not hold any shares of Google Inc. (Nasdaq: GOOG). Additionally the analysts contributing to this report certify that the views expressed herein accurately reflect the analysts' personal views as to the subject securities and issuers. The analyst(s) writing this report recognize and aspire to all of the CFA Institute Guidelines for Independent Research. Beacon Equity Research (“Beacon”) certifies that no part of the analysts' compensation was, is, or will be, directly or indirectly, related to the specific recommendation or views expressed by the analysts in the report. This report is based on data obtained from sources we believe to be reliable, but is not guaranteed as to accuracy and does not purport to be complete. As such, the report should not be construed as advice designed to meet the particular investment needs of any investor. Any opinions expressed herein are subject to change.