Its Monday May 1, 2006, and kicking off the first day of May is a massive protest that will be taking place across the United States today in protest of the pending immigration bill that would make being an illegal immigrant in the United States a felony. If this bill does get passed this will have an impact on the U.S. economy, companies like Tyson Foods (NYSE: TSN), Cargill and Swift have said that it will shut down several beef and pork plants to allow workers to attend the rallies. The NAMC Newswires Wall Street to Main Street segment in its entirety is only available to subscribers. Dont miss out and Keep in mind that all subscriptions are free and will remain that way. All that you need to do is go to www.namcnewswire.com and add your email address to receive the full segments. We value your privacy and all email addresses are only used for NAMC related items and not shared with any third parties. We want to hear from our readers/listeners, so drop us a line, maybe you have a question about a certain company or perhaps you want to introduce us to a company that we should know about.. All that you need to do is either shoot us out an email using our contact form on our website at www.namcnewswire.com or give us a call toll free at 888-463-9237 between the hours of 6:30pm and 12am EST weekdays. Your question could be a part of the Wall Street to Main Street radio show that is syndicated daily. Remember that you can always listen to the NAMC Radio on Streetiq.com, the leader in financial podcast. www.streetiq.com and is also available on iTunes. Political Front As the deadline has come and gone, the tension builds as it relates to Iran and the enriching of uranium. Iran said that it would cooperate if they did not have to deal with the United Nations. That sounds a tad bit suspicious. Still on the subject of Iran, they deny entering Baghdad to hunt down and attack Kurds, this just puts a nice spin on our efforts in Iraq and the pending conflict in Iran. China Could Open Doors for More IPOs The China Securities Regulatory Commission has given an indication that they will once again open the doors for additional public offerings. This is comes close to year since China put the brakes on new offerings, in a statement that came out of their office they said that fundraising including IPOs will resume according to market oriented conditions. The only worry is that funds will rotate out of existing publicly traded companies to roll into the IPOs. Movers and Shakers Some major movers in Fridays trading session included Amerigroup Corp (NYSE: AGP) which traded up $3.87 to close at $25.83, Commscope, Inc (NYSE: CTV) which traded up $4.72 to close at $33.05, Snap On (NYSE: SNA) which traded up $4.03 to close at $41.50, Agnico Eagle Mines (NYSE: AEM) which traded up $3.19 to close at $6.70, Intuitive Surgical (NASDAQ: ISRG) which surged up $23.83 to close at $127.00, Ventana Medical Systems (NASDAQ: VNMI) which traded up $7.90 to close at $48.70 and Advent Software (NASDAQ: ADVS) which traded up $3.82 to close at $35.20. Analyst Upgrades/Downgrades Recent Analyst upgrades include Mcafee, Inc (NYSE: MFE) which was upgraded to a Buy from a Neutral by Janney Montgomery, Wachovia Corp (NYSE: WB) which was upgraded to a Outperform from an In-Line by Goldman Sachs, Anaren Microwave (NASDAQ: ANEN) which was upgraded to a Buy from a Neutral by Pacific Growth Equities, Omnicell, Inc (NASDAQ: OMCL) which was upgraded to a Strong Buy from a Buy by First Albany and Cooper Cameron Corporation (NYSE: CAM) was upgraded to a Outperform from a Market Perform by Raymond James. Recent Analyst downgrades include KB Home (NYSE: KBH) was downgraded to a Neutral from a Buy by Janney Montgomery, Pulte Corporation (NYSE: PHM) was downgraded to a Neutral from a Buy by Janney Montgomery, The Ryland Group (NYSE: RYI) was downgraded to a Neutral from a Buy by Janney Montgomery and Landec Corp (NASDAQ: LNDC) was downgraded to a Neutral from a Buy by Sidoti & Co. Recent Analyst Coverage Initiations include Qualcomm (NASDAQ: QCOM) which was initiated with a Buy rating and a $63 price target by Lazard Capital Markets and Leap Wireless (NASDAQ: LEAP) which was initiated with an overweight rating and a $54 price target by Morgan Stanley. Tid Bits Hartford Financial Services (NYSE: HIG) moved up to $91.93 as others in their sector got hit hard last week. The company reported better than expected earnings due to the strong sales of products such as variable annuities and mutual funds. They also gave a better profit outlook for their full year. They may be dragged down in todays trading session as they may get bundled in with Humana (NYSE: HUM) as they report earnings. Similar to when Aetna (NYSE: AET) dragged down the sector last week. Netflix (NASDAQ: NFLX) dropped down below $30 as they closed down $1.65 to close at $29.64. This is due to their diluting shareholders with a 3.5 million share secondary offering. We initially liked Netflix in their niche industry but the secondary offering and the dilution factor puts us on the sidelines, as this will impact both their earnings and shareholder value. The banks made nice movement last week as Citigroup (NYSE: C), JP Morgan Chase (NYSE: JPM) and Bank of America (NYSE: BAC) rose to the occasion as Citigroup closed up $1.80 to close at $49.95, JP Morgan Chase closed up $1.43 to close at $45.38 and Bank of America (NYSE: BAC) closed up 88 cents to close at $49.92. Intuitive Surgical jumped up over 23 percent as the stock traded up $23.83 to close at $127.00 on Friday, They beat the estimate as they reported earnings of 38 cents up from 25 cents for the same period last year. Overstock.com (NASDAQ: OSTK) dropped $2.84 to close at $25.88 after reporting a wider first quarter loss, I wonder if this recent decline can be blamed on the shorts as well as Patrick Byrne has claimed time and time again. Wall Street Corner with Larry Oakley The Elder Statesman of Financial Writers Larry Oakley focuses on Pacific Rim Mining Corp. (AMEX: PMU) FURIOUS FIVE This is the first of our Furious Five companies that we see excelling in their industry in 2006. This is our first addition to this weeks Furious Five is American Eagle Outfitters (NASDAQ: AEOS) it trades on the Nasdaq under the symbol AEOS. For the entire segment subscribe to Wall Street to Main Street for FREE at www.namcnewswire.com We cannot stress enough that investors need to do their due diligence, call the companies, get the information, consult with your investment advisor and if you do not have one consider getting one. Put the same time into investigating these companies as you do when you go to purchase a new television, its only for your protection. When it comes to thinly traded securities stagger your orders or put a limit order in to avoid a run up. NAMC Newswire Note Go to the NAMC Newswire for updates at www.namcnewswire.com and you can listen to the NAMC Radio for the audio version of Wall Street to Main Street at www.namcnewswire.com/namcradio To register to receive the Wall Street to Main Street Free Daily Newsletter Click Here or go to our site and click on the Newsletter section. www.namcnewswire.com/newsletter CEOs that want to contact us can do so by going to www.namcnewswire.com or call us at 888-463-9237. Louis Victor
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