- Intercell AG ('Intercell') to acquire Iomai Corporation ('Iomai') in a fully recommended share/cash transaction for USD 6.60 per share of Iomai's common stock representing a fully diluted equity value of Iomai of approximately USD 189 million (EUR 122 million). Acquisition to be accomplished through stock-for-stock exchange for approximately 41 percent of Iomai's current shares outstanding held by major shareholders for approximately 1.7 million Intercell shares (representing approximately four percent of Intercell's total outstanding shares), and an all-cash merger for the remaining fully diluted outstanding shares of Iomai's common stock for approximately USD 119 million (EUR 77 million).

The bigger they are, the harder they (might) fall.

Intercell AG offered $189 million, a 126% premium over the closing price on Monday, to purchase Iomai Corp. ( Nasdaq: IOMI).  Shares of the biopharmaceutical leaped $3.41 to $6.33....

Falling home prices and a drop in retail sales weighed down the markets during the midday with the Dow dropping 55 points to 12,822. Nasdaq slipped a fraction to 2488.

Visit StreetInsider.com at http://www.streetinsider.com/news.php?st=p&id=3642690 for the full story.

Iomai Corp. ( Nasdaq:IOMI) shares are skyrocketing 116% after the Gaithersburg, Md.-based biopharmaceutical firm announced it is being bought by Intercell AG for $189 million in a stock-and-cash deal. Intercell, and Austria-based vaccine developer, will pay $6.60 per share, a 126% premium from Mondays closing price.

Major indices closed up the week here the details:
Nasdaq 3,4%
Dow Jones 1,9%
S&P 500 2,7%

Here The Weekly Movers:

GAINERS
Iomai Corporation (IOMI)
China Architectural Engineering, Inc. (RCH)
Pyramid Oil Company (PDO)
China Shenghuo Pharmaceutical Hldg, Inc. (KUN)
National Coal Corp. (NCOC)
VisionChina Media Inc (VISN)
LOSERS
Gencor Industries, Inc. (DE) (GENC)
Crystal River Capital, Inc. (CRZ)
NxStage Medical, Inc. (NXTM)
Corus Bankshares, Inc. (CORS)
Website Pros, Inc. (WSPI)
Advance America, Cash Advance Centers (AEA)

UP
Canadian Solar In (CSIQ)
Netsol Technologies Inc (NTWK)
Iomai Corp (IOMI)
Gigamedia Ltd (GIGM)
Vanda Pharmaceuticals Inc (VNDA)
DOWN
True Religion Apparel Inc (TRLG)
Openwave Sys Inc (OPWV)
Guaranty Finl Group Inc (GFG)
TBS International, Ltd. (TBSI)
Capstone Turbine Corp (CPST)

Filed under: Analyst reports, DaimlerChrysler (DAI), Analyst initiations

MOST NOTEWORTHY: Quicksilver Gas Services, Hireright, DaimlerChrysler and Masimo were today's noteworthy initiations:

• AG Edwards initiated Quicksilver Gas Services (NYSE: KGS) with a Buy rating and $26 target as the firm believes the company's distribution growth has high visibility, based on its current asset base and the possibility of third-party acquisitions. UBS initiated shares with a Buy rating and $34 target.
  
• Hireright (NASDAQ: HIRE) was initiated with a Market Perform rating and $13 target at Piper Jaffray, as the firm believes the company's distribution growth has high visibility, based on its current asset base and the possibility of third-party acquisitions. CIBC is positive on Hireright's extensive solution set and strategic alliances and initiated shares with a Sector Outperformer rating.
  
• DaimlerChrysler (NYSE: DAI) was started at Bear Stearns with an Outperform rating. Following the Chrysler transaction, Bear expects Daimler to raise its margin guidance now that the company can focus on its truck platform.
  
• Masimo Corporation (NASDAQ: MASI) was initiated with an Outperform rating at Piper Jaffray, as the firm believes the company's "best in class" technology will drive continued pulse oximetry share gains. Cowen initiated shares with a Neutral rating on valuation and Deutsche Bank started shares with a Buy rating and $30 target..

OTHER INITIATIONS:

• TD Newcrest started shares of Vitran Corporation (NASDAQ: VTNC) with a Hold rating.
  
• Lazard started shares of E-House China Holdings (NYSE: EJ) with a Buy rating; CIBC initiated shares with a Sector Outperformer rating and $25 target.
  
• Rodman & Renshaw initiated shares of Iomai Corporation (NASDAQ: IOMI) with a Market Outperform rating and $4.25 target.

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Here are the late Tuesday and early Wednesday calls.

UPGRADES

Apple AAPL Citigroup Hold » Buy
RealNetworks RNWK Soleil Sell » Hold
ArvinMeritor ARM UBS Neutral » Buy
Iomai IOMI UBS Neutral » Buy
Atlantic Tele-Network ATNI UBS Neutral » Buy
Apria Healthcare AHG Oppenheimer Sell » Neutral
HSBC Holdings HBC Citigroup Hold » Buy
Westamerica Banc WABC Citigroup Hold » Buy
AGCO Corp AG Bear Stearns Peer Perform » Outperform
Advanta Corp ADVNB Friedman Billings Mkt Perform » Outperform
Emdeon HLTH Friedman Billings Mkt Perform » Outperform
Fresh Del Monte FDP BB&T Capital Mkts Underweight » Hold
Alliance One AOI Davenport Neutral » Buy
Universal Corp UVV Davenport Neutral » Buy
Plum Creek PCL DA Davidson Neutral » Buy
American Dental ADPI Dougherty & Company Neutral » Buy
ValueClick VCLK Pacific Growth Equities Sell » Neutral
Sensient SXT KeyBanc Capital Mkts / McDonald Hold » Buy
Rohm and Haas ROH KeyBanc Capital Mkts / McDonald Buy » Aggressive Buy
Intl Flavors IFF KeyBanc Capital Mkts / McDonald Buy » Aggressive Buy
Koppers Holdings KOP KeyBanc Capital Mkts / McDonald Buy » Aggressive Buy
Heartland Express HTLD Stifel Nicolaus Hold » Buy
Centene CNC Matrix Research Buy » Strong Buy
Inverness Medical IMA Caris & Company Above Average » Buy
Sun Microsystems SUNW Caris & Company Average » Above Averag

Here are the late Tuesday and early Wednesday calls.

UPGRADES

Apple AAPL Citigroup Hold » Buy
RealNetworks RNWK Soleil Sell » Hold
ArvinMeritor ARM UBS Neutral » Buy
Iomai IOMI UBS Neutral » Buy
Atlantic Tele-Network ATNI UBS Neutral » Buy
Apria Healthcare AHG Oppenheimer Sell » Neutral
HSBC Holdings HBC Citigroup Hold » Buy
Westamerica Banc WABC Citigroup Hold » Buy
AGCO Corp AG Bear Stearns Peer Perform » Outperform
Advanta Corp ADVNB Friedman Billings Mkt Perform » Outperform
Emdeon HLTH Friedman Billings Mkt Perform » Outperform
Fresh Del Monte FDP BB&T Capital Mkts Underweight » Hold
Alliance One AOI Davenport Neutral » Buy
Universal Corp UVV Davenport Neutral » Buy
Plum Creek PCL DA Davidson Neutral » Buy
American Dental ADPI Dougherty & Company Neutral » Buy
ValueClick VCLK Pacific Growth Equities Sell » Neutral
Sensient SXT KeyBanc Capital Mkts / McDonald Hold » Buy
Rohm and Haas ROH KeyBanc Capital Mkts / McDonald Buy » Aggressive Buy
Intl Flavors IFF KeyBanc Capital Mkts / McDonald Buy » Aggressive Buy
Koppers Holdings KOP KeyBanc Capital Mkts / McDonald Buy » Aggressive Buy
Heartland Express HTLD Stifel Nicolaus Hold » Buy
Centene CNC Matrix Research Buy » Strong Buy
Inverness Medical IMA Caris & Company Above Average » Buy
Sun Microsystems SUNW Caris & Company Average » Above Averag





DOWNGRADES

AC Moore ACMR Credit Suisse Outperform » Neutral
First Marblehead FMD JP Morgan Overweight » Neutral
ECI Telecom ECIL Jefferies & Co Buy » Hold
Maguire Properties MPG Deutsche Securities Hold » Sell
Community Health CYH Citigroup Buy » Hold
Newcastle Investment NCT Citigroup Buy » Hold
RAIT Invtmt Trust RAS KeyBanc Capital Mkts / McDonald Aggressive Buy » Hold
MGIC Investment MTG Keefe Bruyette Outperform » Mkt Perform
OSI Pharm OSIP CE Unterberg Towbin Buy » Market Perform
Health Management HMA Deutsche Securities Buy » Hold
Hot Topic HOTT AG Edwards Hold » Sell
Energy Transfer Equity ETE UBS Neutral » Reduce
West Marine WMAR Morgan Joseph Buy » Hold
CV Therapeutics CVTX Needham & Co Buy » Hold
Intevac IVAC Needham & Co Buy » Hold
Simpson Manufacturing SSD Matrix Research Buy » Hold
Goodyear Tire GT Matrix Research Hold » Sell