MFE posts
FeedPosted Oct 31st 2009 4:10PM by Trey Thoelcke (RSS feed)
Filed under: Earnings reports, Allergan (AGN), Aetna Inc (AET), TD AmeriTrade Holding (AMTD), RadioShack Corp (RSH), Goodyear Tire and Rubber (GT), E*TRADE (ETFC), Visa Inc. (V)
Continue reading Earnings highlights: Aetna, Allergan, E*Trade, Goodyear, RadioShack, SAP, Visa ...
Posted Sep 25th 2009 11:50AM by Eric Buscemi (RSS feed)
Filed under: Analyst reports, Analyst upgrades and downgrades, American Express (AXP), Research in Motion (RIMM), Procter and Gamble (PG), Analyst initiations
Analyst upgrades:
- FBR Capital upgraded McAfee (NYSE: MFE) to Outperform from Market Perform after channel checks indicated the company's September quarter deal flow has been stronger than expected. FBR raised its target on shares to $50 from $41.
- Thomas Weisel upgraded Adtran (NASDAQ: ADTN) to Overweight from Market Weight, citing increased wireless backhaul capex spending by Tier-1 carriers. The firm raised its target to $32 from $21.
- RBC Capital upgraded Brunswick (NYSE: BC) to Outperform from Sector Perform as the firm thinks the company no longer has liquidity risk and can generate significant profits by 2012. The firm set a $17 target on the stock.
- Bronco Drilling (NASDAQ: BRNC) was upgraded to Hold from Underperform at Jefferies.
- LSI Corp. (NYSE: LSI) was upgraded to Buy from Hold at Deutsche Bank.
- UBS upgraded U.S. Airways (NYSE: LCC) and UAL Corp. (NASDAQ: UAUA) to Buy from Neutral.
Continue reading Analyst upgrades, downgrades and initiations: AXP, CL, DLTR, PG, RIMM, UAUA ...
Posted Jun 15th 2009 9:50AM by Jim Cramer (RSS feed)
Filed under: Microsoft (MSFT), Cisco Systems (CSCO), Market matters, Adobe Systems (ADBE), Oracle Corp (ORCL), EMC Corp (EMC), salesforce.com inc (CRM), Cramer on BloggingStocks, Technology
TheStreet.com's Jim Cramer says these stocks have become too expensive without takeovers and a more robust economy. One after another after another, these software charts are amazing. And, I might add, a bit scary. How did
McAfee (NYSE:
MFE) (
Cramer's Take) make that kind of move just on security software? Didn't
Microsoft (NASDAQ:
MSFT) (
Cramer's Take) just say -- admittedly for the 4 millionth time -- that it was going to give away free anti-virus software? Or
Citrix (NASDAQ:
CTXS) (
Cramer's Take)? What's that all about? How could it return to those levels?
There were rumors of a
Cisco (NASDAQ:
CSCO) (
Cramer's Take) takeover a week or two ago, and, amazingly, when it didn't come true, the stock hung in.
Continue reading Cramer on BloggingStocks: Tech's unjustified super bull market run
Posted Apr 20th 2009 12:00PM by Eric Buscemi (RSS feed)
Filed under: Analyst reports, Analyst upgrades and downgrades, Amazon.com (AMZN), Netflix, Inc. (NFLX), Johnson and Johnson (JNJ), Automatic Data Proc (ADP), Reliance Steel and Aluminum (RS), Palm Inc (PALM), Analyst initiations
Analyst upgrades:
- Citigroup upgraded Amazon.com (NASDAQ: AMZN) to Buy from Hold on expectations the company's top-line growth rate could be more sustainable than expected and its operating margins could recover given due to less retail discounting. The firm raised its price target on shares to $97 from $65.
- UBS upgraded King Pharmaceuticals (NYSE: KG) to Buy from Sell based on expectations that Sandoz will settle patent litigation regarding Skelaxin after last weeks settlement of Clarinex with Schering-Plough (SGP).
- Jefferies upgraded Reliance Steel (NYSE: RS) to Buy from Hold as it believes steel prices and demand are close to near-term bottoms. The firm raised its target on the stock to $44 from $25.
- Palm (NASDAQ: PALM) was raised to Buy from Neutral at Banc of America/Merrill.
- Nestle (OTC: NSRGY) was lifted to Neutral from Underweight at JP Morgan.
- Johnson & Johnson (NYSE: JNJ) was upgraded at Wachovia to Outperform from Market Perform.
Continue reading Analyst upgrades, downgrades and initiations: AMZN, RS, JNJ, NFLX ...
Posted Mar 26th 2009 11:40AM by Eric Buscemi (RSS feed)
Filed under: Analyst reports, Analyst upgrades and downgrades, Google (GOOG), Nokia Corp. (NOK), Analyst initiations
Analyst upgrades:
- UBS upgraded Nokia (NYSE: NOK) to Buy from Neutral as it believes the company's product portfolio is recovering.
- Canaccord upgraded Google (NASDAQ: GOOG) to Buy from Hold and raised its target to $450 from $300. The analyst said industry checks indicate deteriorating search conditions have started to improve in late March and notes that the market is already pricing in a weak Q1.
- Wachovia upgraded CGI (NYSE: GIB) to Outperform from Market Perform. In addition to valuation, the firm cited the company's defensive profile, comfort with its fiscal 2009 estimates, and its expectation that the company will continue to have strong signings.
- Siliconware Precision (NASDAQ: SPIL) was raised to Overweight from Neutral at HSBC.
- Matrixx Initiatives (NASDAQ: MTXX) was lifted to Buy from Hold at Roth Capital.
Continue reading Analyst upgrades, downgrades and initiations: NOK, GOOG, IHG, PETS ...
Posted Feb 14th 2009 3:40PM by Trey Thoelcke (RSS feed)
Filed under: Earnings reports, Viacom (VIA), Applied Materials (AMAT), Chipotle Mexican Grill'A' (CMG), Research in Motion (RIMM), Level 3 Communications (LVLT), Qwest Communications Intl (Q)
Here are some highlights from this past week's earnings coverage from BloggingStocks:
Continue reading Earnings highlights: Viacom, UBS, RIM, ArcelorMittal, Lions Gate, McAfee and others
Posted Feb 13th 2009 8:10AM by Melly Alazraki (RSS feed)
Filed under: Earnings reports, Deals, Microsoft (MSFT), Apple Inc (AAPL), Starbucks (SBUX), Coca-Cola (KO), PepsiCo (PEP), Toyota Motor Corp. (TM), Abercrombie and Fitch (ANF), Rio Tinto plc ADS (RTP), Wells Fargo (WFC), Nissan Motors (NSANY)
Stocks are set for a mixed start as investors keep watching -- and waiting for more details -- the different government plans to bailout the financial market, stimulate the economy and aid homeowners. More here:
Before the bell: Stocks set for a mixed start as investors watch government's plans
PepsiCo (NYSE: PEP) -- Can the Coca-Cola (NYSE: KO) rival follow in its competitor's footsteps as it reports earnings today and post results the market is happy with?
Pepsico reported that
fourth-quarter profit fell partly on restructuring and impairment charges, but adjusted results were $1.39 billion, or 88 cents per share, inline with analysts' expectations. PEP shares traded nearly 1% higher in premarket trade, despite saying it forecasts pressure from a stronger dollar.
PEP shares were some 2.5% higher by 11 am.Toyota Motor Corp. (NYSE: TM) will
freeze wages, cut pay for factory executives, eliminate bonuses for all salaried employees and offer voluntary redundancy to plant workers in North America for the first time as it widens output cuts to adjust for slumping vehicle demand. TM shares traded lower in premarket action.
TM shares declined some about 1.9% by 11 am.Continue reading Stocks in the news: PEP, TM, NSANY, ANF, CAL, MSFT, SBUX, RTP, MFE ...
Posted Feb 8th 2009 12:30PM by Trey Thoelcke (RSS feed)
Filed under: Earnings reports, Coca-Cola (KO), PepsiCo (PEP), Coca-Cola Enterprises (CCE)
It's about that time again: Pepsi vs. Coke. No, not another taste test or another Battle of the Brands. It's time for the next quarterly results from these two soft drink titans.
Analysts surveyed by Thomson Reuters anticipate that PepsiCo Inc. (NYSE: PEP), global beverage and snack food giant, will report fourth-quarter earnings this week that are 9.1% higher that a year ago, or $0.88 per share. Revenue is expected to total $12.8 billion, which is 3.9% higher than last year. For the full year, the profit is expected to be $3.67 per share on revenue of $43.4 billion, up from $3.38 per share on $39.5 billion in 2007. PepsiCo's earnings met or beat estimates in four of the past five quarters, but missed by only two cents per share in the third quarter. The consensus recommendation of analysts remains to buy PEP. The share price fell to a 52-week low in January and is now 24.4% lower than it was a year ago. During the fourth quarter, PepsiCo declared a $0.42 per share quarterly dividend, agreed to acquire a Spitz International, and announced investments in China and Mexico.
Continue reading The week in preview: Coke versus Pepsi
Posted Nov 18th 2008 8:43AM by Douglas McIntyre (RSS feed)
Filed under: Management, Yahoo! (YHOO), Symantec Corp (SYMC)
Forget about Yahoo! (NASDAQ: YHOO)'s Jerry Yang being pushed out. His firm is an internet company. CEOs in the heart of the tech industry may begin losing their jobs in greater number as the recession takes hold and boards seek new management that can contain costs and hold investors.
Symantec (NASDAQ: SYMC)'s CEO stepped down yesterday. He said the move had been planned. Maybe. Maybe not.
According to The Wall Street Journal, "Symantec Corp. said Chief Executive John W. Thompson will retire at the end of the company's fiscal year in April."
Not mentioned in the announcement was the fact that the company's stock is off 45% in the last three months. SYMC's direct competitor McAfee (NYSE: MFE) is only down 25%, about the same as the DJIA. Symantec recently announced net profits lower than those in the two immediately previous quarters.
The sacking of execs may be moving from finance to tech.
Douglas A. McIntyre is an editor at 247wallst.com.
Posted Nov 1st 2008 3:40PM by Trey Thoelcke (RSS feed)
Filed under: Earnings reports, Sony Corp ADR (SNE), Aetna Inc (AET), CBS Corp 'B' (CBS), Clorox Co (CLX), Colgate-Palmolive (CL), Procter and Gamble (PG), Verizon Communications (VZ), BP p.l.c. ADS (BP), U.S. Steel (X), Symantec Corp (SYMC), Kraft Foods'A' (KFT)
Here are some highlights from this past week's earnings coverage from BloggingStocks:
Continue reading Earnings highlights: BP, CBS, Kraft, Sony, Verizon, Colgate, Nintendo and others
Posted Sep 27th 2008 2:40PM by Trey Thoelcke (RSS feed)
Filed under: Earnings reports, General Electric (GE), 3M Corporation (MMM), AutoZone Inc (AZO), Bed Bath and Beyond (BBBY), Chevron Corp (CVX), , Research in Motion (RIMM), NIKE, Inc'B' (NKE), KB HOME (KBH), Lennar Corp'A' (LEN), Rite Aid Corp (RAD)
Posted Sep 26th 2008 6:00PM by Melly Alazraki (RSS feed)
Filed under: Apple Inc (AAPL), General Electric (GE), General Motors (GM), Johnson and Johnson (JNJ), JPMorgan Chase (JPM), Krispy Kreme Doughnuts (KKD), Bank of America (BAC), Boeing Co (BA), , Wells Fargo (WFC), Stocks to Buy, Stocks to Sell

Another volatile week had passed over Wall Street, but by the end of it investors started breathing a sigh of relief in anticipation of the bailout plan. Those hopes were shattered Thursday night. Many believe that if the bailout plan doesn't get approved soon, the landscape on Wall Street will be very different, changing even more than it already has. The consequences of a financial meltdown would reverberate throughout the economy, here and globally.
Once again, BloggingStocks bloggers have looked at different stocks, trying to find the ones you may want to consider during these troubled times should you find yourself with some extra cash. Nerves of steel are a requirement for any investor these days.
Here are some picks from the past week:
Johnson and Johnson (NYSE:
JNJ) - not only do
Ron Rowland and Brandon Clay remind us that Johnson and Johnson was rated the world's most respected company,
Cramer says that JNJ "is a super stock. Well managed, great earnings, good pipeline ..."
Monsanto (NYSE:
MON) - as the undisputed leader in the genetically modified (GM) seed industry, Yiannis Mostrous and Roger Conrad think long-term-oriented investors will be
rewarded handsomely with Monsanto.
Bank of America (NYSE:
BAC) and
JP Morgan Chase (NYSE:
JPM) - Joe Lazzaro thinks these banks' sizes may be what would save them as the they are simply
too big to fail.
Cramer agrees both banks stand to gain much and will do very well if the bailout is approved. With the recent acquisition of
Washington Mutual Inc. (NYSE:
WM), Jon Berr thinks John Pierpont Morgan
would have been proud of Jamie Dimon.
Continue reading Stock picks and pans for troubled times: Buy Johnson & Johnson, Monsanto, JPMorgan and closed-end funds
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