Schaeffer's Daily Market Blog Features: Ipsco, NS Group,

Fortunet, Freescale Semiconductor, and General Motors 
Among the stocks featured in the September 11 edition of
Schaeffer's Market Blog are Ipsco (NYSE:IPS), NS Group (NYSE:NSS),
Fortunet (NASDAQ:FNET), Freescale Semiconductor (NYSE:FSL), and
General Motors (NYSE:GM). Schaeffer's Market Blog is just one of the
many free market commentaries written every day at - the home of Bernie Schaeffer and
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11:21 AM Ipsco Acquires NS Group for 1.46 Billion Dollars 
In our Opening View column this morning, Jocelynn Drake reported
that Ipsco (NYSE:IPS) and NS Group (NYSE:NSS) have reached a
definitive agreement calling for the acquisition of NSS for $66 per
share in cash. The buyout price equates to a 43-percent premium over
Friday's closing price. IPS said it will finance the $1.46 billion
deal through a combination of cash on hand and debt obtained under
what it called a "fully committed" bank-credit facility. Pending
completion of the transaction, IPS expects to have combined annual
revenue topping $4 billion. At last check, NSS was leading the way on
the New York Stock Exchange, with a gain of more than 39 percent
pushing the price to $64.39. IPS, meanwhile, is down almost six
percent at $87.76. 
11:35 AM Oh Fortunet 
Late last Thursday, Fortunet (NASDAQ:FNET) announced that it has
won approval from the Nevada State Gaming Control Board to become an
operator of mobile gambling devices. I have not seen anything new on
the newswires, but FNET is the leading stock at the Nasdaq this
morning, logging a gain of more than 20 percent. The stock was trading
at $9.31 at last check, and it has broken above its declining 10-week
moving average. Watch to see if it closes above this level today. 
11:48 AM Freescale Advances on Acquisition Story 
Holders of Freescale Semiconductor (NYSE:FSL) stock were in for a
pleasant surprise this morning, when the stock gapped higher on
reports that a consortium of investment firms might be close to an
acquisition deal worth about $16 billion. The company confirmed that
it is in talks, according to the Dow Jones Newswires. At last check,
the stock had gained more than 18 percent, and traded at $36.41. 
12:10 PM GM Plans for Volatile Gas Prices 
The online edition of The Wall Street Journal ran a story today
about falling gas prices. General Motors (NYSE:GM), apparently, is
working on the assumption that gas prices will remain volatile, making
fuel efficiency a top priority. Wall Street has responded
enthusiastically, and GM's price has risen in the morning session of
trading. At last check, the stock stood at $32.22, up more than half a
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