morning update .... 04 05 2007

Norinchukin Bank Ltd., a central bankfor Japan's farm and fishery cooperatives, is seeking to co-invest with KKR to expand its oversea private equity investment. -the bond yields is low and leading margin is tight GS's CEO plans to meet Russian president to strength the tie's of its business in Russia -the largest underiter of equty offering, late comer, ranked 12th, 7.8% economy last year, more room to grow Oracle is upgraded by S&P from A- to A -Diversified business and its acquistion has helped increas sales, Peoplesoft and Siebel SAP, 3rd quarter sales beat estimate. -10 y bond is at 5.5%, fair value for industry companies LG.Philips LCD Co and other LCD makers have been raised by some analysts from Macquarie Securities Ltd. and Nomura Securities. Citigroup and UBS industry is turnning around -Their prices has dropped too much when profits peaked in2005 -because the the reduced production and higher demand will drive the recovery -cheap price of LCD will be attractive for customers.