Continue reading Closing Bell: From Nuclear Woes to Media Exhaustion (AAPL, CCJ, IBM, EWJ, MRT, PSUN, PANL, WBSN)

Closing Bell: From Nuclear Woes to Media Exhaustion (AAPL, CCJ, IBM, EWJ, MRT, PSUN, PANL, WBSN) originally appeared on BloggingStocks on Wed, 16 Mar 2011 16:10:00 EST. Please see our terms for use of feeds.

Analyst Upgrades

• Intel (INTC) was upgraded to overweight from equal weight and Autodesk (ADSK) to equal weight from underweight at Morgan Stanley.
• Citigroup upgraded Blackrock (BLK) to buy from hold.
• 99c Only Stores (NDN) was upgraded to buy from hold at Deutsche Bank.
• PetSmart (PETM) was upgraded to overweight from equal weight at Barclays.
• Piper Jaffray upgraded Ruth's Hospitality (RUTH) and Morton's Restaurant (MRT) to overweight from neutral.
• BioMed Realty (BMR) was upgraded to market perform from underperform at FBR Capital.
• Wells Fargo upgraded Piedmont (PDM) to market perform from underperform.

Continue reading Analyst Calls: AA, AOL, BLK, CSCO, GOOG, INTC, JBL, JBLU, YHOO ...

Analyst Calls: AA, AOL, BLK, CSCO, GOOG, INTC, JBL, JBLU, YHOO ... originally appeared on BloggingStocks on Thu, 11 Nov 2010 12:00:00 EST. Please see our terms for use of feeds.

Analyst Upgrades

• BB&T (BBT) was upgraded to buy from neutral at Janney Montgomery.
• Amylin (AMLN) was upgraded to outperform from market perform at Leerink.
• Wells Fargo upgraded Morton's Restaurant (MRT) to outperform from market perform.
• Check Point (CHKP) was upgraded to overweight from neutral at HSBC.
• Deutsche Bank upgraded Excel Maritime (EXM) to buy from hold.
• JinkoSolar (JKS) was upgraded to buy from hold at Auriga.
• Piper Jaffray upgraded Compellent (CML) to overweight from neutral.
• BofA/Merrill upgraded Crane (CR) to buy from neutral.
• Goldman upgraded Wisconsin Energy (WEC) to conviction buy from buy and American Electric (AEP) to buy from neutral.
• Motorola (MOT) was upgraded due to increasing carrier support by MKM Partners.
• Under Armour (UA) was upgraded to buy from neutral at Sterne Agee.

Continue reading Analyst Calls: ANF, BBT, COH, GPS, JCG, KKR, MOT, OSG, UA, UBS, WEC ...

Analyst Calls: ANF, BBT, COH, GPS, JCG, KKR, MOT, OSG, UA, UBS, WEC ... originally appeared on BloggingStocks on Wed, 27 Oct 2010 11:40:00 EST. Please see our terms for use of feeds.

Continue reading Summertime Stocks for a Rising Market

Summertime Stocks for a Rising Market originally appeared on BloggingStocks on Tue, 06 Jul 2010 14:00:00 EST. Please see our terms for use of feeds.

At high-end steakhouse Morton's (NYSE: MRT), that gluttony takes the form of complete and utter excess. The high rollers of the world love to show off their clients and friends at this upscale restaurant, but those days appear to be over. The stock has been in a freefall as a result.

Click here for the complete list of deadly sin stocks.

Continue reading Deadly sin stock #7: Morton's (MRT)

Deadly sin stock #7: Morton's (MRT) originally appeared on BloggingStocks on Sun, 10 May 2009 15:00:00 EST. Please see our terms for use of feeds.

Just for fun, I thought I'd find a stock that loosely symbolizes each of the 7 Deadly Sins -- greed, wrath, envy, pride, lust, sloth and gluttony -- to see how it fares against my momentum criteria.

Now, I'm not saying any of these companies are bad or evil. And I don't know whether our new climate of parsimony means the "greed is good" era of the 1980s is dead. What I do know is which stocks are in a position to profit today and which aren't.

Here's a fun look at some stocks that symbolize the 7 Deadly Sins and how I expect them to perform.

Continue reading 7 stocks for 7 deadly sins

7 stocks for 7 deadly sins originally appeared on BloggingStocks on Sat, 09 May 2009 09:00:00 EST. Please see our terms for use of feeds.

Continue reading Tax Policy Center findings: TIF, WMT could gain, KSS, JCP hurt

Tax Policy Center findings: TIF, WMT could gain, KSS, JCP hurt originally appeared on BloggingStocks on Thu, 28 Aug 2008 14:31:00 EST. Please see our terms for use of feeds.

MAJOR PAPERS:

• General Electric Company (NYSE: GE) is near a deal to sell its plastics division to Saudi Basic Industries for $11B, reported the Wall Street Journal (subscription required).
• Anheuser-Busch Companies Inc (NYSE: BUD) has stopped making its Spykes malt beverage amid poor sales and criticism that it was marketing to underage drinkers, reported the Wall Street Journal.

• According to the Telegraph, citing Cadbury-Schweppes ADS (NYSE: CSG), two rival private-equity groups are preparing to bid for the U.S. beverages arm of the company, with bids in the GBP8B range.
• The Times of India reported that Citigroup Inc (NYSE: C) is putting its captive business process outsourcing arm, which could be worth between $1B-$1.5B, on the block.
• BusinessWeek's "Inside Wall Street" column focused on OfficeMax Incorporated (NYSE: OMX), Verichip Corporation (NASDAQ: CHIP) and Morton's Restaurant Group (NYSE: MRT):
  
• Office Max may be a target for Staples Inc (NASDAQ: SPLS) or Office Depot Inc (NYSE: ODP).
  
• Verichip, a maker of RFID chips, is starting to get attention on Wall Street.
  
• Morton's is being helped by boardroom business being conducted at the upscale steakhouse.

Newspaper wrap-up 5-18-07: GE nears deal to sell division originally appeared on BloggingStocks on Fri, 18 May 2007 09:20:00 EST. Please see our terms for use of feeds.