Each Day of the Week will Feature an "Idol-Themed" Program Including Close-Up: Randy Jackson, Idol Tonight: Live at the Finale and a Special Fashion Team Episode Featuring the Glitz and Glamour from this Season and the "Idol" Red Carpet

Combined Organization to Lead the Next Evolution in Digital Home Entertainment Services

Completes an interop with BigBand as the Paul Allen-backed company preps a new CableCARD-based HD DVR for deployment later this year

In addition to goosing full-year guidance, Mediacom says it will launch a campaign targeted at consumers who still rely on rabbit ears

GuideWorks adds mobile, visiting users to its network with TippingPoint appliance

Microsoft snaps up Navic Networks as it looks to paddle alongside that big, cross-MSO advanced advertising initiative

Visit StreetInsider.com at http://www.streetinsider.com/news.php?st=p&id=3741317 for the full story.

Another choppy, mixed day ahead of the FED. Experts are calling for 0.25 BP cut and a statement discussing potential pause. I don't expect markets to rally on that news, but we'll soon see. [More...]

UP
Sohu Com Inc (SOHU)
Sina Corp (SINA)
Spansion Inc (SPSN)
Sutor Tech Group Ltd (SUTR)
Wm. Wrigley Jr. Company (WWY)
DOWN
Ual Corp (UAUA)
Gemstar-Tv Guide Intl Inc (GMST)
Gilead Sciences Inc (GILD)
China Life Ins Co Ltd (LFC)
General Motors Corporation (GM)

Macrovision Corp. [MVSN] better hope that its $2.8 billion deal for Gemstar-TV Guide International Inc. [GMST] comes off. The maker of digital content management company keeps selling off pieces of...

UPGRADES
Nutrisystem NTRI Boenning & Scattergood Market Perform » Market Outperform
MGI Pharma MOGN Susquehanna Financial Negative » Neutral
Cascade CAE Rodman & Renshaw Mkt Perform » Mkt Outperform
RSC Holdings RRR UBS Neutral » Buy
Nymagic NYM Fox Pitt In Line » Outperform
Dyncorp Intl DCP Wachovia Mkt Perform » Outperform
Gemstar-TV Guide GMST Morgan Joseph Hold » Buy
Perficient PRFT Roth Capital Hold » Buy
Cornell Corr CRN Lehman Brothers Underweight » Equal-weight
Bankrate RATE Citigroup Hold » Buy
Dyncorp Intl DCP Jefferies & Co Hold » Buy
ITT Educational ESI Lehman Brothers Equal-weight » Overweight
Air France KLM AKH UBS Neutral » Buy
Ryanair Hldgs RYAAY UBS Neutral » Buy
Terex TEX UBS Neutral » Buy
Beckman Coulter BEC Banc of America Sec Neutral » Buy
Circuit City CC Soleil Hold » Buy

DOWNGRADES
Rohm and Haas ROH KeyBanc Capital Mkts Aggressive Buy » Buy $68
Hemispherx Biopharma HEB Boenning & Scattergood Market Outperform » Market Perform
Gemstar-TV Guide GMST Janco Partners Buy » Mkt Perform $7.10 » $6.35
STEC Inc STEC B. Riley & Co Buy » Neutral $9.50
Amer Mort Accept AMC RBC Capital Mkts Sector Perform » Underperform
Gemstar-TV Guide GMST Kaufman Bros Buy » Hold
Learning Tree LTRE Stifel Nicolaus Buy » Hold
Veolia Environnement VE Brean Murray Buy » Hold
SGX Pharma SGXP JMP Securities Mkt Outperform » Mkt Perform
Emerson EMR Deutsche Securities Buy » Hold
Dominion D Credit Suisse Outperform » Neutral
Red Hat RHT Jefferies & Co Buy » Hold
StatoilHydro STO Deutsche Securities Buy » Hold
Telkom SA TKG Deutsche Securities Buy » Hold
Amgen AMGN Bernstein Outperform » Mkt Perform
Forward Air FWRD Bear Stearns Peer Perform » Underperform
Portugal Telecom PT Credit Suisse Outperform » Underperform
Palm PALM UBS Neutral » Sell

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Gemstar is going to be taken over in the second quarter of 2008 by macrovision.  the shares will be bought out for 6.35 or 1/4 of a new stock in the new holding company.

both options offer a guarrunteed 25%+ on an investment.

a no brainer here

this is a great investment for a couple of quarters.

Sun Valley is host the dozens of media moguls this week where deal making is at a peak for the industry. Murdoch is probably the most visible CEO but listen to the cast for notes on Joost, NING, and Dow Jones. The Buggles sang Video Killed the Radio Star. Life seems to be imitating art these days as YouTube accelerates, Emmis shifts down another gear. The Money and Media podcast, features on StreetIQ, is now a simple application you can add to your Facebook profile. Add Georg and Stephen as your friends http://apps.facebook.com/streetiq (GOOG) (AAPL) (DTV) (WMG) (EMMS) (GMST) (NWS)

Bidding for Univision, Jumping The Shark, StreetTalk, Special Guest Pete Winkler from PWC (CBS) (UVN) (AAPL) (GMST)