Indevus posts
FeedPosted Aug 10th 2007 4:15PM by Eric Buscemi (RSS feed)
Filed under: Earnings reports, Conventions and conferences, Hewlett-Packard (HPQ), Home Depot (HD), Penney (J.C.) (JCP), QUALCOMM Inc (QCOM), Broadcom Corp'A' (BRCM)
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Monday August 13
Tuesday August 14
- The Home Depot Inc (NYSE: HD) to report Q2 earnings; conference call at 9am. Home Depot is expected to post substantial Q2 revenue/EPS declines, but equally important will be the company's comments: with the housing sector expected to remain sluggish through at least late 2007, analysts will evaluate whether HD can overcome that headwind with a new focus on customer service, demographic trends that suggest increased home repair/remodeling, and 20-year high homeownership rates that suggest steady house goods demand.
- District Court California: Broadcom Corporation (NASDAQ: BRCM) to request an injunction related to Qualcom Incorporated's (Nasdaq: QCOM) infringement of 3 Broadcom cellular baseband patents.
Wednesday August 15
- Macy's Inc (NYSE: M) to report Q2 earnings; conference call at 10:30am.
- PDUFA date for GPC Biotech's (NASDAQ: GPCB) Satraplatin for treatment of hormone refractory prostate cancer.
Thursday August 16
- JC Penney Co Inc (NYSE: JCP) to report Q2 earnings; conference call at 9:30am.
- Hewlett Packard Company (NYSE: HPQ) to report Q3 earnings; conference call at 5pm. Analysts will evaluate HPQ's ability to maintain momentum in its innovative imaging/printing group, which is expected to help HPQ post solid Q3 revenue gains.
Friday August 17
Posted Aug 3rd 2007 10:32AM by Kevin Shult (RSS feed)
Filed under: Analyst reports, Analyst initiations, Level 3 Communications (LVLT), SanDisk Corp (SNDK)
MOST NOTEWORTHY: SanDisk (SNDK), Indevus Pharmaceuticals (IDEV), Integra LifeSciences (IART) and Level 3 Communications (LVLT) were today's noteworthy initiations:
- SanDisk (NASDAQ: SNDK) was initiated with a Neutral rating at Cowen, as the firm believes it could face challenges in Q4 NAND flash memory demand given supply.
- Shares of Level 3 Communications (NASDAQ: LVLT) were initiated at Raymond James with an Underperform rating, as the firm believes estimates will be difficult to achieve given high debt levels and free cash flow.
OTHER INITIATIONS:
- Goldman Sachs started shares of Herbalife (NYSE: HLF) with a Buy rating and $50 target.
Analyst summaries provided by TheFlyOnTheWall.com (subscription required).
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