MOST NOTEWORTHY:

• Jefferies downgraded shares of Thornburg Mortgage (NYSE: TMA) to Underperform from Hold after the company said it is unable to meet margin calls despite asset sales and will restate 2007 earnings.
  
• Keryx Biopharma (NASDAQ: KERX) was downgraded to Neutral from Buy at Merrill, to Neutral from Overweight at JP Morgan, to Underperform from Market Perform at Rodman & Renshaw, to Hold from Buy at Jefferies and to Underperform from Outperform at Bear Stearns after the company announced the Sulonex SUN-MICRO Phase 3 trial failed to meet the primary endpoint.
  
• Citigroup lowered Aeropostale (NYSE: ARO) to Sell from Hold as they believe inventory levels are building and that there is downside risk to Q1 estimates.

• Deutsche Bank cut Lincare Holdings (NASDAQ: LNCR) to Sell from Hold.
  
• RBC Capital lowered J2 Global (NASDAQ: JCOM) to Sector Perform from Outperform.
  
• Goldman removed Wal-Mart (NYSE: WMT) from its Conviction Buy List.

Analyst downgrades: TMA, KERX, ARO and WMT originally appeared on BloggingStocks on Mon, 10 Mar 2008 11:33:00 EST. Please see our terms for use of feeds.

The advisor explains, "j2 Global Communications provides telephone messaging and fax communications services in 40 countries via the Internet. Its brands include eFax, eVoice, jConnect and others. Subscribers are assigned a private telephone number that can receive unlimited incoming messages."

Via its services, he notes, subscribers receive faxes sent to their phone number via email. Voicemail customers, he adds, are notified by email when they receive a message, click on a link in the email to listen to the message through their computer speakers.

Domash explains, "j2 has added recently new services targeted to small businesses. j2 is growing sales in the mid-20% range, and we expect that growth rate to continue for the next two years. j2 is profitable, has no long-term debt, and is cash flow positive."

While its operations may seem mundane, he observes, you won't think its profitability and growth rate are boring. Indeed, he points out that j2 will report its June quarter results on August 6 and that analysts expect earnings of $0.35 per share, up 35% over year ago. He rates the stock a buy for a holding period of 12 to 24 months.

Each day, Steven Halpern's TheStockAdvisors.com features the latest investment ideas and market commentary from the financial newsletter community.

J2 Global: Voicemail value originally appeared on BloggingStocks on Fri, 20 Jul 2007 14:30:00 EST. Please see our terms for use of feeds.

The success of an organization is critically dependent on the efficiency of its communications. There is an outfit in Los Angeles that helps many firms with the messaging end of the game.

j2 Global Communications (NASDAQ: JCOM) provides outsourced messaging and communications services. Clients can retrieve e-mails, faxes, and voice mails from a single phone line that handles unlimited incoming messages and may be used in conference calling. Customers include paid subscribers and advertising-supported free subscribers. The firm's network spans more than 2,800 cities in 40 countries.

Last week, the company pleased investors, when it affirmed its guidance for the second quarter of fiscal 2007 and its outlook for fiscal year 2007. Management sees Q2 EPS of 35-36 cents (35 cent consensus), Q2 revenues of $53.4-$54.8 million ($54.32M consensus), FY07 EPS of $1.35-$1.45 ($1.44 consensus) and FY07 revenues of $217-$229 million ($224.17M consensus). The firm said its consumer price increase appears to be progressing ahead of expectation.

Continue reading j2 Global Communications: Handling your messages

j2 Global Communications: Handling your messages originally appeared on BloggingStocks on Thu, 07 Jun 2007 15:00:00 EST. Please see our terms for use of feeds.

MOST NOTEWORTHY:

• Prudential started Delta Airlines (NYSE: DAL) with an Underweight rating and $14 target citing valuation.

• Credit Suisse assumed coverage of Monster Worldwide (NASDAQ: MNST) with an Outperform rating and $60 target. The firm believes Monster is well-positioned to benefit from the growing shift of recruitment industry dollars to online, international expansion, and improving labor market trends.

• CNet Networks (NASDAQ: CNET) was started with a Buy rating and $11 target at Banc of America, believing the company is well-positioned to benefit from strong secular online advertising growth due to its leading online brands.

• AG Edwards initiated shares of Dendreon Corp (NASDAQ: DNDN) with a Hold rating.

• Citigroup started GSC Investment Corp (NYSE: GNV) with a Hold rating and $16 target while Wachovia started shares with an Outperform rating. JP Morgan started shares of GSC Investment with a Neutral rating.

• Kaufman started J2 Global Communications (NASDAQ: JCOM) with a Buy rating and $35 target.

• Cowen assumed coverage of Foundry Networks, Inc (NASDAQ: FDRY) with a Neutral rating.

Analyst initiations 5-03-07: CNET, DAL and MNST originally appeared on BloggingStocks on Thu, 03 May 2007 11:58:00 EST. Please see our terms for use of feeds.

The success of an enterprise is a direct function of the efficiency of its communications. There is an outfit in Los Angeles that provides expert help with the messaging end of the game.

j2 Global Communications Inc. (NASDAQ:JCOM) provides outsourced messaging and communications services. Clients can retrieve e-mails, faxes, and voice mails from a single phone line that handles unlimited incoming messages and may be used in conference calling. Customers include paid subscribers and advertising-supported free subscribers. The firm's network spans more than 2,000 cities in 35 countries.

The company pleased investors earlier in the week, when it filed earnings report that had been delayed by an investigation into the timing of stock options. Results included Q3 EPS of 29 cents (28 cent consensus), Q3 revenues of $45.9 million ($46.1M consensus), Q4 EPS of 36 cents (28 cent consensus) and Q4 revenues of $48.9 million ($48.2M consensus). Management also guided Q1 EPS to 32-33 cents (31 cent consensus) Q1 revenues to $51.1-$52.1 million ($51.7M consensus), Y07 EPS to $1.35-$1.45 ($1.38 consensus) and Y07 revenues to $217-$229 million ($222M consensus). Jefferies and RBC Capital Markets subsequently declared the stock a "buy" and issued price targets of $31 and $33, respectively.

Continue reading j2 Global Communications: Integrated messaging services

j2 Global Communications: Integrated messaging services originally appeared on BloggingStocks on Thu, 15 Mar 2007 14:49:00 EST. Please see our terms for use of feeds.