DKS posts
FeedPosted Oct 19th 2009 12:50PM by Eric Buscemi (RSS feed)
Filed under: Analyst reports, Analyst upgrades and downgrades, Estee Lauder (EL), Caterpillar (CAT), Halliburton (HAL), American Express (AXP), Federal Natl Mtge (FNM), Mattel, Inc (MAT), Southwest Airlines (LUV), Analyst initiations, Deere and Co (DE), Marvell Technology Group (MRVL)
Analyst upgrades:
- American Express (NYSE:AXP) was upgraded to Market Perform from Underperform at FBR Capital, as the firm sees limited near-term downside in the stock. The firm raised its target price on the shares to $37 from $25.
- RBC Capital upgraded Estee Lauder (NYSE:EL) to Outperform from Sector Perform. Target to $44 from $34. UBS upgraded Nestle on expectations the company will begin returning cash to shareholders via buybacks and dividends.
- Piper Jaffray raised Dicks Sporting (NYSE:DKS) to Neutral from Underweight following positive channel checks and raised its target on the shares to $28 from $18.
- Sohu.com (NASDAQ:SOHU) was upgraded to Neutral from Sell by Pali Capital.
- Halliburton (NYSE:HAL) was raised to Buy from Hold by Natixis.
- Sunpower (NASDAQ:SPWRA) was upgraded to Neutral from Underperform at Macquarie.
- China Automotive (NASDAQ:CAAS) was upgraded to Buy from Neutral at Merriman.
Continue reading Analyst upgrades, downgrades and initiations: AXP, HAL, EL, MAT, CAT....
Posted Jun 24th 2009 5:50PM by James Cullen (RSS feed)
Filed under: Earnings reports, NIKE, Inc'B' (NKE)
Nike, Inc. (NYSE: NKE), best known for its sporting apparel and footwear, reported earnings after the close today. Earnings per share, after certain adjustments, were $0.99 on $4.71 billion in revenue, compared to the $0.96 average expected from analysts. The consensus revenue target was $4.74 billion. Excluding non-comparable items, full year diluted EPS was up 10% to $3.81, although the company said worldwide futures orders were down 12% when the impact of currency changes were taken into account. Shares were off 1% during the trading day, and fell further shortly following the announcement.
Observers will be watching to see how well Nike's sales have held up as consumer spending has slowed, and whether or not the company is making strides in its effort to reduce costs and rationalize its advertising budget. Nike has cut 5% of its global workforce in an effort to save hundreds of millions, and management recently indicated that endorsement contract costs have fallen somewhat.
Continue reading Nike reports earnings, shares drop on weak futures orders
Posted Jun 19th 2009 4:40PM by Melly Alazraki (RSS feed)
Filed under: Pfizer (PFE), Ford Motor (F), Home Depot (HD), Diageo plc (DEO), Best Buy (BBY), Lilly (Eli) (LLY), Harley-Davidson (HOG), Stocks to Buy

Every year I find myself asking the same question: What to get dad for Father's Day. Well, Kiplinger's offers not to get our dads the same old presents -- another tie, another power tool -- but
stocks in companies he probably likes or uses their products. That's a great idea, I thought, and decided to counter with five of my own.
- Kiplinger's suggests: Diageo (NYSE: DEO), the seller of such brands as Johnnie Walker, Smirnoff, Guinness and José Cuervo. Diageo has held up better than most during the recession -- thanks to a balanced portfolio of products, with higher exposure to mid-price, mainstream brands and less exposure to ultra-premium brands. The shares look reasonably priced. At $56.01, Diageo trades at 15 times estimated June 2009 earnings of $3.82 a share. The stock yields 2.8%.
- Another to consider: Molson Coors (NYSE: TAP), the seller of such brands as Coors, Blue Moon, Pilsner and Rickard's. Beer, probably even more so than hard liquor is supposed to hold better during a recession given the cheaper price point. The company's recent quarterly profits more than doubled. The shares trade at 13 times forward earnings of $3.33 and yield 2.2%.
Continue reading Five stocks for Father's Day from Kiplinger's ... and five more
Posted May 23rd 2009 2:40PM by Trey Thoelcke (RSS feed)
Filed under: Earnings reports, Hewlett-Packard (HPQ), Home Depot (HD), McDonald's (MCD), Gap Inc (GPS), Lowe's Cos (LOW), Hormel Foods (HRL), Limited Brands (LTD), Suntech Power Hldgs ADS (STP)
Here are some highlights from this past week's earnings coverage from BloggingStocks:
Continue reading Earnings highlights: HP, Gap, Saks, Hormel, Barnes & Noble and more
Posted Apr 3rd 2009 12:50PM by Mark Fightmaster (RSS feed)
Filed under: Business of sports
I have waxed poetically about how much I like golf in the past -- some may even say that I am obsessed (like Tiger Woods' lawyers -- kidding). With the great city of Cincinnati finally wrapping up winter and seeing that bright glowing orb known as the sun, I can't help but think about getting out there on the links and destroying some landscaping.
One sure way to tell that golf season is right around the corner is when your local Dick's Sporting Goods (NYSE: DKS) starts touting itself as the golf headquarters. Well, guess what happened over the weekend? That's right, I saw my first golf commercial. My question is, will the start of golf season be enough to help the sports retailer put the recent downturn behind itself and push forward?
There can be no doubt that the recent downturn in the economy has beaten down and battered the retail sector, and DKS is no exception. On a weekly basis, the stock has descended steadily since 2007 -- wilting under pressure from its 10-, 20-, and 50-week moving averages.
Continue reading JockStocks: Is Dick's Sporting Goods about to tee off and drive higher?
Posted Mar 14th 2009 12:40PM by Trey Thoelcke (RSS feed)
Filed under: Earnings reports, McDonald's (MCD), Citigroup Inc. (C), Kroger Co (KR), Staples Inc (SPLS), Smithfield Foods (SFD), Texas Instruments (TXN), American Eagle Outfitters (AEO)
Here are some highlights from this past week's earnings coverage from BloggingStocks:
Continue reading Earnings highlights: Citigroup, Kroger, Staples, J. Crew, National Semiconductor and more
Posted Mar 11th 2009 11:00AM by Eric Buscemi (RSS feed)
Filed under: Analyst reports, Analyst upgrades and downgrades, Motorola (MOT), Avon Products (AVP), Comerica Inc (CMA), Genentech Inc (DNA), McGraw-Hill Companies (MHP), Cheesecake Factory (CAKE), Analyst initiations
Analyst upgrades:
- ING upgraded Roche (OTC: RHHBY) to Buy from Hold as it believes Roche will not pay more than $100/share for Genentech (NYSE: DNA) and that the Avastin adjuvant data due April 2009 provides significant upside potential.
- Oppenheimer upgraded Motorola (NYSE: MOT) to Outperform from Perform on valuation as it believes sentiment is at an all-time low and the stock has limited downside. The firm set a $5 target on shares.
- Morgan Stanley upgraded Comerica (NYSE: CMA) to Equal Weight from Underweight citing valuation that adequately reflects credit deterioration in its commercial-heavy loan portfolio and aggressive government action.
- Cheesecake Factory (NASDAQ: CAKE) and Nucor (NYSE: NUE) were upgraded to Buy from Neutral at Goldman.
- Pinnacle Entertainment (NYSE: PNK) was raised to Overweight from Equal Weight at Barclays.
Continue reading Analyst upgrades, downgrades and initiations: RHHBY, MOT, RBS, DKS, MCO ...
Posted Feb 7th 2009 9:40AM by Trey Thoelcke (RSS feed)
Filed under: Earnings reports, Cisco Systems (CSCO), Time Warner (TWX), Motorola (MOT), Estee Lauder (EL), NYSE Euronext (NYX), BP p.l.c. ADS (BP), Anadarko Petroleum (APC), Visa Inc. (V)
Here are some highlights from this past week's earnings coverage from BloggingStocks:
Continue reading Earnings highlights: Time Warner, BP, Cisco, Motorola, Visa and others
Posted Nov 11th 2008 12:12PM by Eric Buscemi (RSS feed)
Filed under: Analyst upgrades and downgrades, Tyson Foods'A' (TSN), Analyst initiations, Urban Outfitters (URBN), KKR Financial (KFN)
Analyst upgrades:
- Baird upgraded Optimer Pharm (NASDAQ: OPTR) to Outperform from Neutral and raised its target to $13 from $8 citing the decidedly positive data from the OPT-80 trial.
- Banc of America upgraded Quest Diagnostics (NYSE: DGX) to Buy from Neutral on valuation and believes management has set expectations well.
- Credit Suisse views Jacobs Engineering (NYSE: JEC) as a high quality name given the quality of management, execution track record, and relationship business model. Shares were upgraded to Outperform from Neutral.
- Horizon Lines (NYSE: HRZ) was upgraded to Overweight from Equal Weight at Stephens.
- Bancolombia SA (NYSE: CIB) was raised to Buy from Neutral.
- Great Lakes Dredge (NASDAQ: GLDD) was upgraded to Buy from Hold at Morgan Joseph.
Analyst downgrades:Continue reading Analyst calls: OPTR, JEC, KFN, CAR, DISH, TSN, VMW, INFY, URBN, DKS
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