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 initiations 5-07-07: BRKS, DAL and GR]]>http://www.bloggingstocks.com/2007/05/07/analyst-initiations-5-07-07-brks-dal-and-gr/http://www.bloggingstocks.com/2007/05/07/analyst-initiations-5-07-07-brks-dal-and-gr/http://www.bloggingstocks.com/2007/05/07/analyst-initiations-5-07-07-brks-dal-and-gr/#commentsFiled under: , ,

MOST NOTEWORTHY: Delta Air Lines, Inc (DAL), Goodrich Corp (GR), Opnext, Inc (OPXT), Terex Corp (TEX) and Aruba Networks (ARUN) topped today's most noteworthy initiations list:
  • UBS started shares of Delta Air Lines Inc (NYSE: DAL) with a Reduce rating and $17 target on valuation and management's overly optimistic outlook.
  • Deutsche Bank prefers to wait of a better entry point for Goodrich Corp (NYSE: GR) and initiated shares with a Hold rating.
  • Opnext Inc (NASDAQ: OPXT) was initiated at JP Morgan with a Neutral rating citing concerns regarding new transceiver margins.
  • Prudential believes Terex Corp (NYSE: TEX) is well positioned to take advantage of strong sustainable growth in the global infrastructure and mining markets over at least the rest of the decade, starting shares with an Overweight rating.
  • RBC Capital started Aruba Networks (NASDAQ: ARUN) with a Sector Perform rating while Lehman Bros initiated Aruba with an Overweight rating.
OTHER INITIATIONS:
  • Goldman Sachs started CenturyTel, Inc (NYSE: CTL) with a Sell rating and $42 target on valuation.
Analyst summaries provided by TheFlyOnTheWall.com (subscription required).

Analyst initiations 5-07-07: BRKS, DAL and GR originally appeared on BloggingStocks on Mon, 07 May 2007 11:32:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>analystarubaarunbrksbrookscenturytelctldaldeltadelta petroleumDeltaPetroleumdptrgoodrichgrhershahtibiiiininitiationinsteelinterlineopnextopxtratingterextextheflyonthewall.comMon, 07 May 2007 11:32:00 EST<![CDATA[IPO & secondary preview: week of Feb. 12, 2007]]>http://www.bloggingstocks.com/2007/02/12/ipo-and-secondary-preview-week-of-feb-12-2007/http://www.bloggingstocks.com/2007/02/12/ipo-and-secondary-preview-week-of-feb-12-2007/http://www.bloggingstocks.com/2007/02/12/ipo-and-secondary-preview-week-of-feb-12-2007/#commentsFiled under: , ,

Wall Street's equity market offers a light schedule this week, with 5 IPOs and 1 Secondary on the docket.

Those deals tentatively scheduled to price include:

IPOs:

Tuesday
  • Vaughan Foods (FOOD), a 5M-share IPO for this salads and foodstuffs company. Paulson is the lead manager. Filing range: $8.00-$10.00.
  • Triangle Capital (TCAP), 3.5M-share IPO for this special financing company. Morgan Keegan and BBN Capital Markets are the lead managers. Filing price: $15.00. [Note - This deal is expected to price at mid-week: hence, it could take place Tuesday, Wednesday or Thursday.]

Continue reading IPO & secondary preview: week of Feb. 12, 2007

IPO & secondary preview: week of Feb. 12, 2007 originally appeared on BloggingStocks on Mon, 12 Feb 2007 13:53:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>foodGencoShippinggstlIPOOpNextopxtqrrQuadra Realty TrustSalary.comtcapTriangle CapitalTriangleCapitalVaughan FoodsVaughanFoodsMon, 12 Feb 2007 13:53:00 EST<![CDATA[Optical IPOs slowly coming back]]>http://www.bloggingstocks.com/2007/02/12/optical-ipos-slowly-coming-back/http://www.bloggingstocks.com/2007/02/12/optical-ipos-slowly-coming-back/http://www.bloggingstocks.com/2007/02/12/optical-ipos-slowly-coming-back/#commentsFiled under: , ,

Opnext, a maker of laser diodes, optical modules and pluggable modules, is expected to go public this week, and will trade under the symbol OPXT. Opnext is the second optical component company to come public in the last four months. Optium Corporation (NASDAQ: OPTM), a Chalfont, Pa-based company, came public in October 2006 at $17.50 and is now trading at $24.95.

Opnext has been funded by Hitachi and venture capital firm Clarity Group. Hitachi will be transferring some 670 patents to this start up.

The stock is supposedly going to be priced around $14 per share. With only two optical companies recently coming public, as one would expect, the financials for the company are pretty solid.

Supposedly, Opnext is strong in the 10-Gigabyte optical space and also has product for 40 gigabyte technology.

These optical components are very cyclical, as are most new higher growth industries. The upcycle in this space appears to be still in its early stage. It may be worth a spec on this IPO.

Optical IPOs slowly coming back originally appeared on BloggingStocks on Mon, 12 Feb 2007 07:45:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>ipoopnextopticaloptiumoptmopxtpublicMon, 12 Feb 2007 07:45:00 EST