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Deutsche Bank Reduces Acme Packet To ‘Hold’ On Near-Term Caution

Deutsche Bank (DB) slashed its rating and price target on Acme Packet Inc. (NASDAQ: APKT) on near-term caution after the networking equipment maker cut its full-year forecast. The company now sees non-GAAP earnings per share of $1.03 to $1.05 on revenue between $308 million and $310 million for 2011. DB analyst Brian Modoff moved down [...]

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Quiet period ends for ANGI; weak recommendations follow

When it comes to IPOs, there are several arcane rules. One is the

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Biophan Bulks Up With FIN 46R Creatine

From AAO Weblog Little Biophan Technologies (current market cap: $45 million) posted one of the more quirky non-reliance 8-Ks in recent history. The quirk is in the effect of the restatement they’ll be making for the proper application of FASB Interpretation 46R, issued in December 2003. That standard became effective for small business issuers like [...]