diversified investments

NextWave Wireless Announces First Quarter 2007 Financial Results

SAN DIEGO--(BUSINESS WIRE)--NextWave Wireless Inc. (NASDAQ: WAVE) a global provider of mobile broadband and wireless multimedia products and technologies to enable Wireless 2.0, the next generation of mobile communications, today announced financial results for the first quarter of 2007 ended March 31, 2007. Financial schedules are included with this release.

Revenues were $7.7 million for the first quarter of 2007 and were derived primarily from our PacketVideo subsidiary, which supplies device-embedded multimedia software to many of the largest wireless carriers and handset manufacturers in the world. Our first quarter revenues represent a 98% increase over revenues of $3.9 million for the first quarter of 2006 and are primarily the result of unit sales growth and market penetration of mobile subscriber services by PacketVideo's customer base.

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Nastech to Present at Acumen BioFin Rodman & Renshaw Global ...

BOTHELL, Wash., May 3 /PRNewswire-FirstCall/ -- Nastech Pharmaceutical Company Inc. announced today that it will present at the Acumen BioFin Rodman & Renshaw Global Healthcare Conference on Monday, May 14, 2007 at 9:25 a.m. Central European Summer Time (3:25 a.m. Eastern Daylight Time) at the Le Meridien Beach Plaza Hotel in Monte Carlo, Monaco.

To access the live audio webcast for this conference, please log on to Nastech's website at http://www.nastech.com/ approximately 15 minutes prior to the presentation in order to register and download any necessary software. A replay .

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Broker tips: BSkyB, Capita, Imperial Tobacco, Home Retail, Punch

LONDON (SHARECAST) - Satellite broadcaster BSkyB rallied Wednesday following strong third quarter results, prompting Morgan Stanley to repeat its 'overweight' rating. The groups shares topped 600p for the first time since 2004 as it reported customer growth of 51,000 during the period, up 28% year-on-year. The broker kept its 640p price target as it believes operating metrics will continue to improve through the rest of the second half, while investment in broadband will begin to show benefits. In addition, Swiss broker UBS maintained 'buy' advice and 725p target as the figures beat consensus forecasts. Home Retail was down despite reporting full year earnings slightly better than Swiss broker UBS had expected. But analysts there repeated their neutral rating as they see no property angle or cyclical margin recovery at Argos.