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[Analyst downgrades: Corinthian Colleges, MSC Industrial, HBOS Plc]]>http://www.bloggingstocks.com/2008/04/09/analyst-downgrades-coco-msm-and-hbooy/http://www.bloggingstocks.com/2008/04/09/analyst-downgrades-coco-msm-and-hbooy/http://www.bloggingstocks.com/2008/04/09/analyst-downgrades-coco-msm-and-hbooy/#commentsFiled under: , , ,

MOST NOTEWORTHY: Corinthian Colleges, MSC Industrial and HBOS Plc were today's noteworthy downgrades:

  • Piper downgraded shares of Corinthian Colleges (NASDAQ: COCO) to Neutral from Buy as they expect the company to face difficulty maintaining Title IV lending at its high default rate schools.
  • Jefferies downgraded shares of MSC Industrial (NYSE: MSM) to Hold from Buy on valuation, as there is not enough upside to their $50 target to maintain a Buy rating
  • Credit Suisse lowered HBOS Plc (OTC: HBOOY) to Underperform from Neutral to reflect the weakening housing and mortgage environment.

OTHER DOWNGRADES:

Analyst downgrades: Corinthian Colleges, MSC Industrial, HBOS Plc originally appeared on BloggingStocks on Wed, 09 Apr 2008 12:12:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>analystbarebare escentualsBareEscentualscococorinthiancrmdowngradehbooyhbosiomiomegakimberly clarkKimberlyClarkkmbmscmsmsalesforce.comWed, 09 Apr 2008 12:12:00 EST<![CDATA[EMC buys private software company]]>http://www.bloggingstocks.com/2008/03/11/emc-buys-private-software-company/http://www.bloggingstocks.com/2008/03/11/emc-buys-private-software-company/http://www.bloggingstocks.com/2008/03/11/emc-buys-private-software-company/#commentsFiled under: , , ,

EMC logoEMC Corporation (NYSE: EMC) shares are rising today after the company announced yesterday evening it bought privately held software company Infra Corp. for an undisclosed amount. The company also made a $3.25 per share takeover offer for Iomega Corp. (NYSE: IOM) yesterday, but it was rejected. If you think that the company won't fall by too much in the coming months, then now could be a good time to look at a bullish hedged trade on EMC.

After hitting a one-year low of $12.74 in March, the stock hit a one-year high of $25.47 in October, but has moved lower since then. EMC opened this morning at $15.00. So far today the stock has hit a low of $14.76 and a high of $15.04. As of 12:25, EMC is trading at $14.86, up $0.16 (1.0%). The chart for EMC looks neutral and steady while S&P gives EMC a very positive 5 STARS (out of 5) strong buy rating.

Continue reading EMC buys private software company

EMC buys private software company originally appeared on BloggingStocks on Tue, 11 Mar 2008 15:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>EMCInfrainthenewsInvestors ObserverInvestorsObserverIOMIomegaoptionsTue, 11 Mar 2008 15:00:00 EST