BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/http://www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[Banks Flooded the Fed with Junk in Exchange for Loans]]>http://www.bloggingstocks.com/2010/12/03/banks-flood-the-fed-with-junk-in-exchange-for-loans/http://www.bloggingstocks.com/2010/12/03/banks-flood-the-fed-with-junk-in-exchange-for-loans/http://www.bloggingstocks.com/2010/12/03/banks-flood-the-fed-with-junk-in-exchange-for-loans/#commentsFiled under: , ,

The U.S. Federal Reserve was forced to disclose its transactions during the financial meltdown. Some 23,000 transactions were published.

During the crisis, the Fed set up 10 different programs to funnel money to governments, banks, financial institutions, hedge funds and private corporations. One such program was called the Primary Dealer Credit Facility (PDCF). Under the program, dealers could pledge securities or bonds in exchange for Fed loans.

Continue reading Banks Flooded the Fed with Junk in Exchange for Loans

Banks Flooded the Fed with Junk in Exchange for Loans originally appeared on BloggingStocks on Fri, 03 Dec 2010 12:30:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>Credit SuisseCSFederal ReserveinthenewsPDCFPrimary Dealer Credit FacilityFri, 03 Dec 2010 12:30:00 EST<![CDATA[Analyst Calls: AMZN, CAKE, CS, EMC, FCX, GR, HOT, K, MAR, TWC, UNP, USB ...]]>http://www.bloggingstocks.com/2010/10/22/analyst-upgrades-downgrades/http://www.bloggingstocks.com/2010/10/22/analyst-upgrades-downgrades/http://www.bloggingstocks.com/2010/10/22/analyst-upgrades-downgrades/#commentsFiled under: , , , , , , , ,

Analyst Upgrades

  • Union Pacific (UNP) and Polycom (PLCM) were upgraded to outperform from market perform at Wells Fargo.
  • Time Warner Cable (TWC) was upgraded to outperform from sector perform at RBC Capital.
  • Cheesecake Factory (CAKE) was upgraded to neutral from underweight at JPMorgan.
  • LaSalle Hotel (LHO) was upgraded to outperform from neutral at RW Baird.
  • Graco (GGG) was upgraded to buy from hold at BB&T.
  • Valley National (VLY) was upgraded to market perform from underperform at Keefe Bruyette.
  • Credit Suisse (CS) was upgraded to hold from sell at RBS.
  • U.S. Bancorp (USB) was upgraded to outperform from perform at Oppenheimer.
  • Penn National (PENN) and Riverbed (RVBD) were upgraded to buy from hold at Jefferies.
  • Goodrich (GR) was upgraded to outperform from neutral at Cowen.
  • Amazon.com (AMZN) upgraded to buy from average at Caris.

Continue reading Analyst Calls: AMZN, CAKE, CS, EMC, FCX, GR, HOT, K, MAR, TWC, UNP, USB ...

Analyst Calls: AMZN, CAKE, CS, EMC, FCX, GR, HOT, K, MAR, TWC, UNP, USB ... originally appeared on BloggingStocks on Fri, 22 Oct 2010 11:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>ALXNAmazon.comAMRBAMZNanalyst upgradesArcelorMittalCablevisionCAKECheesecake FactoryCHHCredit SuisseCSCVCDLRdowngradesEMCFCXFreeport McMoRanGETGGGGNTXGoodrichGRGracoHOTHSTHTHWAYinitiationsinthenewsKKelloggLHOLSCCMARMarriottMHGCMTPENNPLCMRVBDStarwoodSTISunTrustTesoroTSOTWCUnion PacificUNPUSBVLYWLLFri, 22 Oct 2010 11:00:00 EST<![CDATA[JPMorgan Leads in Year Bankers Make Money on Each Other]]>http://www.bloggingstocks.com/2010/03/04/jpmorgan-leads-in-year-bankers-make-money-on-each-other/http://www.bloggingstocks.com/2010/03/04/jpmorgan-leads-in-year-bankers-make-money-on-each-other/http://www.bloggingstocks.com/2010/03/04/jpmorgan-leads-in-year-bankers-make-money-on-each-other/#commentsFiled under: , , ,

Thanks to a trillion dollars in credit losses write-downs on mortgage-related securities in 2007 and 2008, financial companies around the world had a lot of capital to recapture. So, in the first half of 2009, they issued stock. More than half the new shares to come out worldwide in those six months were issued by banks and brokers. All this stock, of course, translated to fees for investment banks. In a strange way, consequently, the financial industry healed itself.

According to Bloomberg, investment banking fees surged 13% in 2009, from $53.1 billion to $59.8 billion. This is still far short of the $86.9 billion record set in 2007, but it's at least a step in the right direction. Even with the surge of bank and broker shares issued in the first two quarters last year, total activity was still lower than in 2008.

Continue reading JPMorgan Leads in Year Bankers Make Money on Each Other

JPMorgan Leads in Year Bankers Make Money on Each Other originally appeared on BloggingStocks on Thu, 04 Mar 2010 11:40:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>bankingcredit suissecsGoldman SachsGSinthenewsinvestment bankingJPMJpmorganChasemerckMorgan StanleyMRKmsSchering-PloughThu, 04 Mar 2010 11:40:00 EST<![CDATA[Financial Crisis Didn't Push Bankers from Industry, LinkedIn Reports]]>http://www.bloggingstocks.com/2010/02/21/financial-crisis-didn-t-push-bankers-from-industry-linkedin-rep/http://www.bloggingstocks.com/2010/02/21/financial-crisis-didn-t-push-bankers-from-industry-linkedin-rep/http://www.bloggingstocks.com/2010/02/21/financial-crisis-didn-t-push-bankers-from-industry-linkedin-rep/#commentsFiled under: , , , , ,

The financial crisis, employment market and social media explosion have converged, providing a new level of clarity into what is happening in the world around us. Where was ground zero for this financial catastrophe? Well, according to the LinkedIn blog, five companies have shown the most action: Barclays (BCS), Credit Suisse (CS), Citigroup (C), Bank of America (BAC) and JPMorgan Chase (JPM). Interestingly, Goldman Sachs (GS), among the biggest winners now that we're pulling out from the recession, didn't see as much play.

Continue reading Financial Crisis Didn't Push Bankers from Industry, LinkedIn Reports

Financial Crisis Didn't Push Bankers from Industry, LinkedIn Reports originally appeared on BloggingStocks on Sun, 21 Feb 2010 15:10:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>bacBank of AmericaBarclaysbcscitigroupcredit suisseCreditSuissecsfinancial crisisfinancial servicesGoldman Sachs Groupinthenewsinvestment bankersinvestment bankinginvestment banksjp morgan chaseJPMJpMorganLehman BrotherslinkedinLinkedIn.commerrill lynchNomurasocial mediasocial networksocial networking sitessocial networksunemploymentSun, 21 Feb 2010 15:10:00 EST<![CDATA[Pensions Consider Insurance Securitization Finance Because You Refuse to Die]]>http://www.bloggingstocks.com/2010/02/15/pensions-consider-insurance-securitization-finance-because-you-r/http://www.bloggingstocks.com/2010/02/15/pensions-consider-insurance-securitization-finance-because-you-r/http://www.bloggingstocks.com/2010/02/15/pensions-consider-insurance-securitization-finance-because-you-r/#commentsFiled under: ,

The odds that you'll have a long, healthy life are better than ever ... and that creates a pretty hefty problem for pension funds. They need to find new ways to meet their obligations in a turbulent market, and the risk that you'll hang on forever is approaching every day. So, unless we're able to pass legislation encouraging mass suicide among the Baby Boomers (it's a joke, people, read Christopher Buckley's Boomsday to see how it shakes out), pension fund managers have a hefty dose of risk to offload -- fast. They're looking at the insurance-linked securities market as a way to handle the problem.

All joking aside, pension funds and insurers are translating to total pension liabilities of $19 trillion in the U.S. and $3 trillion in the UK, according to a Reuters report using data from International Financial Services London. And, an increase in longevity by one year could translate into a 3% jump in liabilities. Put simply, the IFSL's data means another $600 billion in the U.S. and $90 billion in the UK. Basically, everything we do to stick around longer (not that I'm discouraging it) leads to a higher and higher price tag.

Continue reading Pensions Consider Insurance Securitization Finance Because You Refuse to Die

Pensions Consider Insurance Securitization Finance Because You Refuse to Die originally appeared on BloggingStocks on Mon, 15 Feb 2010 14:40:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>credit suisseCredit Suisse GroupCreditSuisseCreditSuisseGroupcsfeaturedGoldman SachsGoldman Sachs GroupGoldmanSachsGroupGoldmanSachsGroupGsinsurancelongevity insuranceLongevityInsurancepension fundsPensionFundsPensionMaximizationPensionPlansRSAsecuritizationswiss reSwiss ReinsuranceSwissReSwissReinsuranceMon, 15 Feb 2010 14:40:00 EST<![CDATA[AIG Skips JPMorgan for Asian IPO]]>http://www.bloggingstocks.com/2010/02/15/aig-skips-jpmorgan-for-asian-ipo/http://www.bloggingstocks.com/2010/02/15/aig-skips-jpmorgan-for-asian-ipo/http://www.bloggingstocks.com/2010/02/15/aig-skips-jpmorgan-for-asian-ipo/#commentsFiled under: , , , , , , , ,

JPMorgan Chase (JPM) wanted a piece of what could be the most interesting insurance IPO of the year, but it won't get a taste.

American International Group's (AIG) Asian life insurance unit, American International Association, is going to go public in Hong Kong for an estimated $10 billion, and JPMorgan isn't being allowed to play, insiders say, because of a sour relationship that stretches back to the September 2008 financial crisis. As a result, it will be the only major investment bank not being admitted to the party.

Continue reading AIG Skips JPMorgan for Asian IPO

AIG Skips JPMorgan for Asian IPO originally appeared on BloggingStocks on Mon, 15 Feb 2010 11:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>AIGamerican international groupbacBank of AmericablackstoneBlackstone GroupBXcitigroupcredit suissecsfeaturedGoldman Sachs GroupGSinitial public offeringsinsuranceinsurance industryinthenewsipojp morgan chaseJPMJpMorganMon, 15 Feb 2010 11:00:00 EST<![CDATA[UBS in the Black, but Challenges Still Loom]]>http://www.bloggingstocks.com/2010/02/09/ubs-in-the-black-but-challenges-still-loom/http://www.bloggingstocks.com/2010/02/09/ubs-in-the-black-but-challenges-still-loom/http://www.bloggingstocks.com/2010/02/09/ubs-in-the-black-but-challenges-still-loom/#commentsFiled under: ,

UBS (UBS) was one of the hardest hit from the financial crisis, but the company is showing signs of stabilization. In the latest quarterly report, the firm posted profits of $1.3 billion. Actually, it was the first reported profit in a year.

Of course, the cost-cutting was a big help (roughly 16% of the workforce). But there was also a nice tax credit during the quarter.

The company's new CEO, Oswald Grübel, definitely understands how to turnaround financial institutions. After all, he had considerable success at Credit Suisse (CS).

Continue reading UBS in the Black, but Challenges Still Loom

UBS in the Black, but Challenges Still Loom originally appeared on BloggingStocks on Tue, 09 Feb 2010 13:40:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>Credit SuisseCSearningsinthenewsOswald GrübelUBSTue, 09 Feb 2010 13:40:00 EST<![CDATA[Douglas Dynamics Plows Ahead with an IPO]]>http://www.bloggingstocks.com/2010/02/01/douglas-dynamics-plows-ahead-with-an-ipo/http://www.bloggingstocks.com/2010/02/01/douglas-dynamics-plows-ahead-with-an-ipo/http://www.bloggingstocks.com/2010/02/01/douglas-dynamics-plows-ahead-with-an-ipo/#commentsFiled under: ,

When it comes to snowplows and salt spreaders for light trucks, Douglas Dynamics has top-notch brands in the industry. They include Western, Fisher and Blizzard.

Now, Douglas has filed to go public. The estimated size of the offering is about $150 million.

Continue reading Douglas Dynamics Plows Ahead with an IPO

Douglas Dynamics Plows Ahead with an IPO originally appeared on BloggingStocks on Mon, 01 Feb 2010 12:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>AK Steel HoldingAKSAurora Capital GroupCredit SuisseCSDouglas DynamicsinthenewsIPOsMon, 01 Feb 2010 12:30:00 EST<![CDATA[The economy turns the corner? Consumer spending likely up slightly]]>http://www.bloggingstocks.com/2009/11/22/the-economy-turns-the-corner-consumer-spending-likely-up-slight/http://www.bloggingstocks.com/2009/11/22/the-economy-turns-the-corner-consumer-spending-likely-up-slight/http://www.bloggingstocks.com/2009/11/22/the-economy-turns-the-corner-consumer-spending-likely-up-slight/#commentsFiled under: ,

October seems to have been a good month for consumer spending. Unemployment is holding consumers back, but it isn't keeping wallets clamped shut.

A Bloomberg survey reveals that purchases grew 0.5% last month, based on the thoughts of 61 economists. The U.S. Department of Commerce is releasing its report on Wednesday. In advance of this news, Bloomberg's survey suggests that there are signs of slight improvement.

Continue reading The economy turns the corner? Consumer spending likely up slightly

The economy turns the corner? Consumer spending likely up slightly originally appeared on BloggingStocks on Sun, 22 Nov 2009 11:40:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>amazonamazon.comamznauto salesautomakersbloomberg newsCase Shiller Home Price IndexCash for Clunkersconsumer spendingcredit suissecsDepartment of Commerceeconomistsinthenewsretail salesunemploymentSun, 22 Nov 2009 11:40:00 EST<![CDATA[Analyst upgrades, downgrades and initiations: CMCSA, CS, JWN, RCL, RIMM, YUM ...]]>http://www.bloggingstocks.com/2009/11/02/analyst-upgrades-downgrades-and-initiations-cmcsa-cs-jwn-rc/http://www.bloggingstocks.com/2009/11/02/analyst-upgrades-downgrades-and-initiations-cmcsa-cs-jwn-rc/http://www.bloggingstocks.com/2009/11/02/analyst-upgrades-downgrades-and-initiations-cmcsa-cs-jwn-rc/#commentsFiled under: , , , , ,

Analyst upgrades:

  • Jefferies upgraded Biogen (NASDAQ: BIIB) to Buy from Hold based on valuation. The firm, which has a $50 target on the stock, believes Tysabri PML cases are reflected in shares.
  • Deutsche Bank upgraded Nordstrom (NYSE: JWN) to Buy from Hold as it finds the valuation attractive and believes the company's sales are benefiting from stabilization in California and share gains. Deutsche raised its target on shares to $45 from $36.
  • RBC Capital upgraded Yum! Brands (NYSE: YUM) to Outperform from Sector Perform and raised its target to $39 from $36 citing valuation and views it as a low risk option on a global economic recovery.
  • Credit Suisse (NYSE: CS) was upgraded to Buy from Hold at Citigroup.
  • Royal Caribbean (NYSE: RCL) was upgraded to Outperform from Market Perform at Wells Fargo.
  • Alcatel-Lucent (NYSE: ALU) was upgraded to Hold from Sell at RBS.

Continue reading Analyst upgrades, downgrades and initiations: CMCSA, CS, JWN, RCL, RIMM, YUM ...

Analyst upgrades, downgrades and initiations: CMCSA, CS, JWN, RCL, RIMM, YUM ... originally appeared on BloggingStocks on Mon, 02 Nov 2009 12:40:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>ALUanalyst upgradesBIIBCCHCMCSAComcastCPLPCredit SuisseCSdowngradesEURXINCYinitiationsinthenewsJWNODPPLCMRADSRCLResearch in MotionRIMRIMMSLGWTSYUMYum BrandsMon, 02 Nov 2009 12:40:00 EST<![CDATA[Earnings highlights: Amazon, Apple, Caterpillar, Hershey, McDonald's, UPS ...]]>http://www.bloggingstocks.com/2009/10/24/earnings-highlights-amazon-apple-caterpillar-hershey-mcdona/http://www.bloggingstocks.com/2009/10/24/earnings-highlights-amazon-apple-caterpillar-hershey-mcdona/http://www.bloggingstocks.com/2009/10/24/earnings-highlights-amazon-apple-caterpillar-hershey-mcdona/#commentsFiled under: , , , , , , , , , , , , , , ,

Here are some highlights from last week's earnings coverage from BloggingStocks:

Continue reading Earnings highlights: Amazon, Apple, Caterpillar, Hershey, McDonald's, UPS ...

Earnings highlights: Amazon, Apple, Caterpillar, Hershey, McDonald's, UPS ... originally appeared on BloggingStocks on Sat, 24 Oct 2009 14:20:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>3MAAIAAPLAirTranAmazon.comAMZNAppleBank of New YorkBKBlackRockBLKBRCMBroadcomCATCaterpillarCredit SuisseCSearningsGannettGCIHersheyHSYJim CramerKimberley-ClarkKMBLMTLockheeed MartinMCDMcDonaldsMMMMorgan StanleyMSNew York TimesNYTSLMTexas InstrumentsTXNUPSWhirlpoolWHRSat, 24 Oct 2009 14:20:00 EST<![CDATA[Accretive Health IPO: trying to clean up the healthcare mess]]>http://www.bloggingstocks.com/2009/09/30/accretive-health-ipo-trying-to-clean-up-the-healthcare-mess/http://www.bloggingstocks.com/2009/09/30/accretive-health-ipo-trying-to-clean-up-the-healthcare-mess/http://www.bloggingstocks.com/2009/09/30/accretive-health-ipo-trying-to-clean-up-the-healthcare-mess/#commentsFiled under: ,

While the federal government plans to spend more on healthcare, the fact remains that the sector will continue to remain under cost pressures. It certainly doesn't help that the US economy continues to be mired in an economic morass.

But, Accretive Health has a solution: a system to manage revenue cycles for healthcare providers. In fact, because of the momentum of its business, the company plans to launch an IPO.

Continue reading Accretive Health IPO: trying to clean up the healthcare mess

Accretive Health IPO: trying to clean up the healthcare mess originally appeared on BloggingStocks on Wed, 30 Sep 2009 14:40:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>Accretive Healthaccretive health ipoAccretiveHealthAccretiveHealthIpocsgsinthenewsWed, 30 Sep 2009 14:40:00 EST<![CDATA[Options Update: European money center's volatility low]]>http://www.bloggingstocks.com/2009/09/02/options-update-european-money-centers-volatility-low/http://www.bloggingstocks.com/2009/09/02/options-update-european-money-centers-volatility-low/http://www.bloggingstocks.com/2009/09/02/options-update-european-money-centers-volatility-low/#commentsFiled under:

Deutsche Bank (NYSE: DB) closed at $64.23. DB September option implied volatility is at 49, October is at 51; below its 26-week average of 66, according to Track Data, suggesting decreasing price movement.

Credit Suisse (NYSE: CS) closed at $47.94. CS October option implied volatility of 47 is below its 26-week average of 62 according to Track Data, suggesting decreasing price movement.

UBS AG (NYSE: UBS), Switzerland's biggest bank, closed at $17.02. UBS September option implied volatility is at 54, October is at 56; below its 26-week average of 70, according to Track Data, suggesting decreasing price movement.

Option Update is provided by Stock Specialist Paul Foster of theflyonthewall.com.

Options Update: European money center's volatility low originally appeared on BloggingStocks on Wed, 02 Sep 2009 08:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>Credit SuisseCreditSuissecsdbDeutsche BankDeutscheBankoption implied volatilityOptionImpliedVolatilityubsUBS AGUbsAgWed, 02 Sep 2009 08:30:00 EST<![CDATA[For Barclays, dealmaking saves the day]]>http://www.bloggingstocks.com/2009/08/03/for-barclays-dealmaking-saves-the-day/http://www.bloggingstocks.com/2009/08/03/for-barclays-dealmaking-saves-the-day/http://www.bloggingstocks.com/2009/08/03/for-barclays-dealmaking-saves-the-day/#commentsFiled under: , ,

Banking crisis? Well, banks continue to post profits. Look at Barclays PLC (NYSE: BCS), which today reported a $3.15 billion profit for the first half of 2009.

Why the growth? Interestingly enough, Barclays got a big boost from its investment banking division (which is focused on mergers & acquisitions, public offerings and capital raises). Keep in mind that the company purchased the U.S. operations of Lehman Brothers.

And the strength is no fluke. Other major banks -- such as Goldman Sachs (NYSE: GS), Credit Suisse (NYSE: CS) and JPMorgan Chase (NYSE: JPM) -- also posted strong results with investment banking.

Continue reading For Barclays, dealmaking saves the day

For Barclays, dealmaking saves the day originally appeared on BloggingStocks on Mon, 03 Aug 2009 12:20:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>BarclaysBCSBlackrockBLKCredit SuisseCSGoldman SachsGSinthenewsInvestment bankingIPOsJPMJPMorganMAMon, 03 Aug 2009 12:20:00 EST<![CDATA[Analyst upgrades, downgrades and initiations: AMGN, CS, DB, LEN, MET, SNI, X ...]]>http://www.bloggingstocks.com/2009/07/28/analyst-upgrades-downgrades-and-initiations/http://www.bloggingstocks.com/2009/07/28/analyst-upgrades-downgrades-and-initiations/http://www.bloggingstocks.com/2009/07/28/analyst-upgrades-downgrades-and-initiations/#commentsFiled under: , ,

Analyst upgrades:

  • Jefferies upgraded Autodesk (NASDAQ: ADSK) to Buy from Hold after the firm's channel checks indicated the company's business is stabilizing. Jefferies raised its target on shares to $27 from $20.
  • Citigroup upgraded Veeco (NASDAQ: VECO) to Buy from Hold on expectations LED order momentum will continue and cost discipline will help margin leverage. Citi raised its target on shares to $24 from $8.
  • Deutsche Bank upgraded Domtar (NYSE: UFS) to Buy from Hold on expectations earnings will improve meaningfully over the next year. The firm keeps a $24 price target on the stock.
  • Varian (NASDAQ: VARI) was upgraded to Equal Weight from Underweight at Barclays.
  • Air Products (NYSE: APD) was upgraded to Overweight from Neutral at JPMorgan.
  • U.S. Steel (NYSE: X) was upgraded to Buy from Neutral at Goldman.

Continue reading Analyst upgrades, downgrades and initiations: AMGN, CS, DB, LEN, MET, SNI, X ...

Analyst upgrades, downgrades and initiations: AMGN, CS, DB, LEN, MET, SNI, X ... originally appeared on BloggingStocks on Tue, 28 Jul 2009 11:20:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>ADSKAMGNAPDCELGCSDBdowngradesinitiationsLENLLNWMETPARDPRGOSNITHSU.S. SteelUFSupgradesVARIVECOWGOVTue, 28 Jul 2009 11:20:00 EST<![CDATA[Analyst upgrades, downgrades and initiations: ANN, CS, MCO, NRG, RHT, TJX ...]]>http://www.bloggingstocks.com/2009/07/23/analyst-upgrades-downgrades-and-initiations/http://www.bloggingstocks.com/2009/07/23/analyst-upgrades-downgrades-and-initiations/http://www.bloggingstocks.com/2009/07/23/analyst-upgrades-downgrades-and-initiations/#commentsFiled under: , ,

Analyst upgrades:

  • Citigroup upgraded Robert Half (NYSE: RHI) to Hold from Sell following the company's Q2 results, believing the worst may be behind the company. Citi raised its target on shares to $24 from $18.
  • Goldman upgraded AnnTaylor (NYSE: ANN) to Buy from Neutral and raised its target to $13 from $6.50, citing improved merchandising and inventories.
  • Baird upgraded TrueBlue (NYSE: TBI) to Outperform from Underperform and raised its target to $12 from $9, citing the better-than-expected Q2 report and guidance, strong balance sheet, and valuation.
  • F5 Networks (NASDAQ: FFIV) was upgraded to Neutral from Underperform at BofA/Merrill.
  • Credit Suisse (NYSE: CS) was upgraded to Buy from Hold at Deutsche Bank.
  • Sanmina (NASDAQ: SANM) was upgraded to Neutral from Underperform at Credit Suisse.

Continue reading Analyst upgrades, downgrades and initiations: ANN, CS, MCO, NRG, RHT, TJX ...

Analyst upgrades, downgrades and initiations: ANN, CS, MCO, NRG, RHT, TJX ... originally appeared on BloggingStocks on Thu, 23 Jul 2009 11:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>AGNCANNAROATUCRNTCSdowngradesFFIVFITGOVinitiationsMCOMSCCNRGRHIRHTRVBDSANMTBITJXupgradesThu, 23 Jul 2009 11:00:00 EST<![CDATA[Huntsman deal to kill private equity?]]>http://www.bloggingstocks.com/2009/06/24/huntsman-deal-to-kill-private-equity/http://www.bloggingstocks.com/2009/06/24/huntsman-deal-to-kill-private-equity/http://www.bloggingstocks.com/2009/06/24/huntsman-deal-to-kill-private-equity/#commentsFiled under:

The complicated legal fight over the implosion of the private equity buyout of Huntsman (NYSE: HUN) has been settled. The firm was able to get $632 million in cash and $1.1 billion in financing from Credit Suisse (NYSE: CS) and Deutsche Bank (NYSE: DB).

Basically, Huntsman claimed that these financial firms failed to uphold their responsibilities in backing the takeover from Hexion Specialty Chemicals, which was struck in July 2007 at $28 per share. Now, Huntsman is trading at $5.92, primarily because of the plunge in the global chemicals sector.

Continue reading Huntsman deal to kill private equity?

Huntsman deal to kill private equity? originally appeared on BloggingStocks on Wed, 24 Jun 2009 09:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>csdbfeaturedhunHuntsmaninthenewsWed, 24 Jun 2009 09:30:00 EST<![CDATA[Cramer on BloggingStocks: The bonus era is over ]]>http://www.bloggingstocks.com/2009/05/14/cramer-on-bloggingstocks-the-bonus-era-is-over/http://www.bloggingstocks.com/2009/05/14/cramer-on-bloggingstocks-the-bonus-era-is-over/http://www.bloggingstocks.com/2009/05/14/cramer-on-bloggingstocks-the-bonus-era-is-over/#commentsFiled under: , , , ,

TheStreet.com's Jim Cramer says the government's sweeping plan to regulate compensation will cripple the public banks.

You should quit and go to work at a small hedge fund or private broker.
There. That's the memo you should be receiving right now if you work at Goldman Sachs (NYSE: GS) (Cramer's Take) or Morgan Stanley (NYSE: MS) (Cramer's Take) or JPMorgan (NYSE: JPM) (Cramer's Take) (in private banking) or Credit Suisse (NYSE: CS) (Cramer's Take) or anyone else that is pubic. The days of the "bonus" are over if you are at a public firm. The days when you did well and they sat down and figured your cut are gone. The American people, led by President Obama, won't stand for it.

I don't know how else to read the extension of the pay scrutiny from TARP banks to non-TARP banks. It just isn't going to be worth it unless you aren't in the public space. The bonus era is over.

Continue reading Cramer on BloggingStocks: The bonus era is over

Cramer on BloggingStocks: The bonus era is over originally appeared on BloggingStocks on Thu, 14 May 2009 09:50:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>csfeaturedgsjim cramerJimCramerjpmmsThu, 14 May 2009 09:50:00 EST<![CDATA[Analyst upgrades, downgrades and initiations: RIMM, MSFT, TOL, MAR, VZ, T ... ]]>http://www.bloggingstocks.com/2009/04/24/analyst-upgrades-downgrades-and-initiations-rimm-msft-tol-m/http://www.bloggingstocks.com/2009/04/24/analyst-upgrades-downgrades-and-initiations-rimm-msft-tol-m/http://www.bloggingstocks.com/2009/04/24/analyst-upgrades-downgrades-and-initiations-rimm-msft-tol-m/#commentsFiled under: , , , , , , , , ,

Analyst upgrades:
  • Citigroup upgraded Research in Motion (NASDAQ: RIMM) to Buy from Hold and added the stock to its Top Picks Live List. The firm believes RIMM's outlook is more secure given its unit growth trajectory and stabilizing margins. Citi raised its target on the stock to $100 from $65.
  • Morgan Stanley upgraded Microsoft (NASDAQ: MSFT) to Overweight from Equal Weight following the company's Q3 results it believes growth is accelerating and expectations are low. The firm raised its target on the stock to $24 from $21.
  • Deutsche Bank upgraded Huron (NYSE: HURN) to Buy from Hold as it believes bad news is already priced in and FY09 expectations are achievable. The firm keeps a $46 target on the stock.
  • Credit Suisse (NYSE: CS) was upgraded to Neutral from Sell at UBS.
  • Quicksilver (NYSE: KWK) was raised to Buy from Neutral at Banc of America/Merrill.
  • EIG Resources (NYSE: EOG) was lifted at Goldman to Conviction Buy from Neutral.

Continue reading Analyst upgrades, downgrades and initiations: RIMM, MSFT, TOL, MAR, VZ, T ...

Analyst upgrades, downgrades and initiations: RIMM, MSFT, TOL, MAR, VZ, T ... originally appeared on BloggingStocks on Fri, 24 Apr 2009 11:20:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>axibeatccocscxweogexphurninthenewskwkmarmsftptrrimmrzspgttolvzwinFri, 24 Apr 2009 11:20:00 EST<![CDATA[Analyst upgrades, downgrades and initiations: LSI, ESI, UBS, CS JBHT ... ]]>http://www.bloggingstocks.com/2009/03/03/analyst-upgrades-downgrades-and-initiations-lsi-esi-ubs-cs/http://www.bloggingstocks.com/2009/03/03/analyst-upgrades-downgrades-and-initiations-lsi-esi-ubs-cs/http://www.bloggingstocks.com/2009/03/03/analyst-upgrades-downgrades-and-initiations-lsi-esi-ubs-cs/#commentsFiled under: , ,

Analyst upgrades:
  • Friedman Billings upgraded LSI Corp (NYSE: LSI) to Outperform from Market Perform as it believes the risk/reward is attractive at current levels as the company's near-term business trends are stabilizing. The firm maintains a $4 target on the stock.
  • Merriman upgraded shares of Medarex (NASDAQ: MEDX) to Neutral from Sell on valuation following the stock's 40% decline year-to-date.
  • Morgan Stanley upgraded ITT Educational (NYSE: ESI) to Overweight from Equal Weight. The firm believes valuation appropriately discounts risks from its internal lending program.
  • Noble (NYSE: NE) was upgraded to Buy from Neutral at Goldman and added to the Conviction Buy List.
  • Energizer (NYSE: ENR) was raised to Neutral from Sell at UBS.
  • Arch Chemicals (NYSE: ARJ) was upgraded at KeyBanc to Hold from Underweight.

Continue reading Analyst upgrades, downgrades and initiations: LSI, ESI, UBS, CS JBHT ...

Analyst upgrades, downgrades and initiations: LSI, ESI, UBS, CS JBHT ... originally appeared on BloggingStocks on Tue, 03 Mar 2009 10:40:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>ARJBOBECECOCSDHIENRFPLGENZIPCRITTJBHTLAMRLSIMEDXMXGLNEPWRQGENRBSUBSTue, 03 Mar 2009 10:40:00 EST