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[PPG Industries Soars On Strong Q1 Forecast]]>http://www.bloggingstocks.com/2011/03/30/ppg-industries-soars-on-strong-q1-forecast/http://www.bloggingstocks.com/2011/03/30/ppg-industries-soars-on-strong-q1-forecast/http://www.bloggingstocks.com/2011/03/30/ppg-industries-soars-on-strong-q1-forecast/#commentsFiled under: , , , ,

PPG logoPPG Industries (PPG - option chain) shares are rising today after the company forecast Q1 earnings of $1.30 to $1.35 per share, well above analysts' forecasts of $1.12 per share. If you think that the stock 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 PPG.

PPG opened this morning at $94.44. So far today the stock has hit a low of $93.70 and a high of $95.97. As of 12:10, PPG is trading at $95.09 up $4.50 (5.0%). The chart for PPG looks bullish and S&P gives PPG a positive 5 STARS (out of 5) strong buy ranking.

Continue reading PPG Industries Soars On Strong Q1 Forecast

PPG Industries Soars On Strong Q1 Forecast originally appeared on BloggingStocks on Wed, 30 Mar 2011 13:40:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>forecastinthenewsInvestors ObserveroptionsPPGPPG IndustriesWed, 30 Mar 2011 13:40:00 EST<![CDATA[Analyst Calls: AMD, BCS, BJ, CVC, EMR, GE, NVLS, PCG, PH, VLO, XOM ...]]>http://www.bloggingstocks.com/2011/01/10/analyst-upgrades-downgrades/http://www.bloggingstocks.com/2011/01/10/analyst-upgrades-downgrades/http://www.bloggingstocks.com/2011/01/10/analyst-upgrades-downgrades/#commentsFiled under: , , , , , , ,

Analyst Upgrades

  • General Electric (GE) and Barclays (BCS) to buy from neutral at UBS.
  • Warnaco (WRC) to outperform from market perform and Melco Crown (MPEL) to market perform from underperform at Wells Fargo.
  • Parker-Hannifin (PH) and Emerson Electric (EMR) to buy from neutral at Goldman.
  • AMD (AMD) to buy from neutral at Nomura.
  • Novellus (NVLS) and Sherwin-Williams (SHW) to equal weight from underweight at Morgan Stanley.
  • OpenTable (OPEN) to outperform from market perform at Morgan Keegan.
  • Skilled Healthcare (SKH) to buy from hold at Jefferies.
  • Lear (LEA) to overweight from equal weight at Barclays.
  • Adobe (ADBE) to buy from neutral at BofA/Merrill.

Continue reading Analyst Calls: AMD, BCS, BJ, CVC, EMR, GE, NVLS, PCG, PH, VLO, XOM ...

Analyst Calls: AMD, BCS, BJ, CVC, EMR, GE, NVLS, PCG, PH, VLO, XOM ... originally appeared on BloggingStocks on Mon, 10 Jan 2011 12:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>ADBEAdobeAMDanalyst upgradesBarclaysBCSBJBJs WholesaleCablevisionCECOCOCOCPSTCVCdowngradesEIXEmerson ElectricEMRExxon MobilFTOGEGeneral ElectricGGPHGGhhgregginitiationsinthenewsLEALearLocal.comLOCMMelco CrownMPELNovellusNVLSOPENOpenTableParker-HannifinPCGPentairPHPNRPPGSBRASherwin-WilliamsSHWSKHTXIValeroVLOWarnacoWMSWRCXOMMon, 10 Jan 2011 12:00:00 EST<![CDATA[Analyst Calls: ICE, BHP, PETS, GLW, TEL, SFLY]]>http://www.bloggingstocks.com/2010/07/20/analyst-calls-ice-bhp-pets-glw-tel-sfly/http://www.bloggingstocks.com/2010/07/20/analyst-calls-ice-bhp-pets-glw-tel-sfly/http://www.bloggingstocks.com/2010/07/20/analyst-calls-ice-bhp-pets-glw-tel-sfly/#commentsFiled under: , , ,


Analyst upgrades:
  • BMO Capital upgraded Intercontinental Exchange (ICE) to Outperform from Market Perform based on valuation and the company's growth outlook. The firm has a price target of $125 on the stock.
  • Morgan Keegan upgraded WESCO (WCC) to Outperform from Market Perform ahead of Thursday's earnings report based on valuation and expectations for stronger than expected sales.
  • Keefe Bruyette upgraded Bank of Marin (BMRC) to Outperform from Market Perform with a $40 price target following the company's Q2 results.
  • BHP Billiton (BHP) was upgraded to Overweight from Equal Weight at Barclays.
  • PPG Industries (PPG) was upgraded to Overweight from Equal Weight at Morgan Stanley.
  • Schnitzer Steel (SCHN) was upgraded to Buy from Neutral at UBS.

Continue reading Analyst Calls: ICE, BHP, PETS, GLW, TEL, SFLY

Analyst Calls: ICE, BHP, PETS, GLW, TEL, SFLY originally appeared on BloggingStocks on Tue, 20 Jul 2010 13:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>apktbhpbmrccrucrzoglwiceinthenewsjcimantpetspncpowippgrbaschnsflyshwtelzionTue, 20 Jul 2010 13:00:00 EST<![CDATA[Cramer on BloggingStocks: Stock rally brought to you by the G-20 ]]>http://www.bloggingstocks.com/2009/09/22/cramer-on-bloggingstocks-stock-rally-brought-to-you-by-the-g-20/http://www.bloggingstocks.com/2009/09/22/cramer-on-bloggingstocks-stock-rally-brought-to-you-by-the-g-20/http://www.bloggingstocks.com/2009/09/22/cramer-on-bloggingstocks-stock-rally-brought-to-you-by-the-g-20/#commentsFiled under: , , , , , ,

TheStreet.com's Jim Cramer says spending by the G-20 has served as a backbone to the stock market rally. Will the G-20 keep it up?

The world's largest buyers of everything are converging on Pittsburgh and all anyone wants to know is if they still have an appetite. After taking down about $14 trillion in everything from bonds, to stocks, to infrastructure plays, to guarantees, are the nations that make up the G-20 finally about to stop their buying spree?

Nothing's more clear to me, as these heads of state convene in Pittsburgh, that, other than some slight demand out of China, very few real buyers of stocks are willing to credit real economies with any real activity. Most people I deal with are willing to give the 3000 points off the bottom some credence provided that we accept that they were bought and paid for by governments and not by "real" buyers.

Continue reading Cramer on BloggingStocks: Stock rally brought to you by the G-20

Cramer on BloggingStocks: Stock rally brought to you by the G-20 originally appeared on BloggingStocks on Tue, 22 Sep 2009 09:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>economyfeaturedg-20jim cramerJimCramerppgTue, 22 Sep 2009 09:30:00 EST<![CDATA[Analyst upgrades, downgrades and initiations: ADBE, GIS, MAR, S, TTWO, VZ ...]]>http://www.bloggingstocks.com/2009/09/16/analyst-upgrades-downgrades-and-initiations/http://www.bloggingstocks.com/2009/09/16/analyst-upgrades-downgrades-and-initiations/http://www.bloggingstocks.com/2009/09/16/analyst-upgrades-downgrades-and-initiations/#commentsFiled under: , , , , ,

Analyst upgrades:

  • Deutsche Bank upgraded Garmin (NASDAQ: GRMN) to Hold from Sell as it believes the company's second half of 2009 is tracking better than expected due to retailer restocking. Deutsche raised its target on shares to $33 from $15 but thinks Garmin's long-term trends remain unfavorable.
  • Goldman upgraded Fortune Brands (NYSE: FO) to Buy from Neutral citing potential EPS improvement driven by the Home division. Fortune Brands price target to $49 from $45. Note that the firm downgraded General Mills to Neutral from Buy.
  • Oppenheimer upgraded FPIC Insurance (NASDAQ: FPIC) to Outperform from Perform to reflect the company's acquisition of Advocate MD and management's commitment to share repurchases. The firm set a $49 price target on the stock.
  • PPG Industries (NYSE: PPG) and Olin Corp. (NYSE: OLN) were upgraded to Neutral from Sell at UBS.
  • Synovus (NYSE: SNV) was upgraded to Neutral from Underperform at BofA/Merrill.
  • Take-Two (NASDAQ: TTWO) was upgraded to Overweight from Neutral at Piper Jaffray.

Continue reading Analyst upgrades, downgrades and initiations: ADBE, GIS, MAR, S, TTWO, VZ ...

Analyst upgrades, downgrades and initiations: ADBE, GIS, MAR, S, TTWO, VZ ... originally appeared on BloggingStocks on Wed, 16 Sep 2009 10:40:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>ADBEAdobeanalyst upgradesARDdowngradesEMSFOFPICGeneral MillsGISGRMNHOTHSTinitiationsLHOMARMarriottMSOOLNOMTRPPGPPSSHOSNVSprint NextelTTWOVerizonVZWLPZUMZWed, 16 Sep 2009 10:40:00 EST<![CDATA[Cramer on BloggingStocks: Fundamental distortion ]]>http://www.bloggingstocks.com/2009/09/09/cramer-on-bloggingstocks-fundamental-distortion/http://www.bloggingstocks.com/2009/09/09/cramer-on-bloggingstocks-fundamental-distortion/http://www.bloggingstocks.com/2009/09/09/cramer-on-bloggingstocks-fundamental-distortion/#commentsFiled under: , , , , , , , , , , , , , , , , , , , , , , , , ,

TheStreet.com's Jim Cramer says the action that is linked to the futures markets, such as oil, is distorting rational analysis.

Maybe one day we can escape the commodity linkage and begin to trade on the fundamentals again, something that seems more distant now than any time I can recall. We are totally marching to gold, to oil, to copper, and not the fundamentals.

Throughout the era in which China has become a superpower and hedge funds have become the super arbiters or what goes up or down, we have been stuck with this fairly bogus linkage that corrupts trading and makes a mockery out of some of the most important financial analysis out there, the actual attempts to discover what's really happening at companies.

Continue reading Cramer on BloggingStocks: Fundamental distortion

Cramer on BloggingStocks: Fundamental distortion originally appeared on BloggingStocks on Wed, 09 Sep 2009 10:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>bjscbycnwfeaturedjim cramerJimCramermppgseprswksWed, 09 Sep 2009 10:00:00 EST<![CDATA[Seven dividend elites: 100 years of dividends]]>http://www.bloggingstocks.com/2009/09/02/seven-dividend-elites-100-years-of-dividends/http://www.bloggingstocks.com/2009/09/02/seven-dividend-elites-100-years-of-dividends/http://www.bloggingstocks.com/2009/09/02/seven-dividend-elites-100-years-of-dividends/#commentsFiled under: , , , , ,

"While companies have been cutting dividends at an historic pace over the last 24 months, the fact is that there are still quality companies with long histories of paying dividends that represent good long-term investments," says Chuck Carlson, a specialist in companies offering dividend reinvestment plans.

In his top-notch The DRIP Investor he says, "The seven stocks featured here have each been paying a dividend for over 100 years, have raised their dividend annually for at least the last quarter century and offer direct-purchase plans.

Continue reading Seven dividend elites: 100 years of dividends

Seven dividend elites: 100 years of dividends originally appeared on BloggingStocks on Wed, 02 Sep 2009 17:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>chuck carlsonclcoca-colacolgate-palolivedividend reinvestment plansdividend stocksdrip investingeli liilyincome investingincome stockskolillyllypgppgppg industriesprocter gamblestanely workssteven halpernswkthestockadvisors.comyield stocksWed, 02 Sep 2009 17:00:00 EST<![CDATA[Cramer on BloggingStocks: Eaton's a sign the bulls are in charge ]]>http://www.bloggingstocks.com/2009/07/21/cramer-on-bloggingstocks-eatons-a-sign-the-bulls-are-in-charge/http://www.bloggingstocks.com/2009/07/21/cramer-on-bloggingstocks-eatons-a-sign-the-bulls-are-in-charge/http://www.bloggingstocks.com/2009/07/21/cramer-on-bloggingstocks-eatons-a-sign-the-bulls-are-in-charge/#commentsFiled under: , , ,

TheStreet.com's Jim Cramer says all of Eaton's businesses declined; the stock, however, gapped and never looked back.

The Eaton (NYSE: ETN) (Cramer's Take) quarter was the tell Monday. Even more than the PPG Industries (NYSE: PPG) (Cramer's Take) quarter was last week.

In a vacuum, Eaton didn't do well. Its businesses all declined severely. Europe's bad, maybe even getting worse. The cash flow is not so hot. The outlook is really pretty grim. They didn't even give you the "mildly improved" language that rocketed PPG. I worried about the dividend immediately.

Continue reading Cramer on BloggingStocks: Eaton's a sign the bulls are in charge

Cramer on BloggingStocks: Eaton's a sign the bulls are in charge originally appeared on BloggingStocks on Tue, 21 Jul 2009 10:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>etnfeaturedjim cramerJimCramerppgTue, 21 Jul 2009 10:00:00 EST<![CDATA[PPG Industries (PPG) reports record Q2 earnings]]>http://www.bloggingstocks.com/2009/07/16/ppg-industries-ppg-reports-record-q2-earnings/http://www.bloggingstocks.com/2009/07/16/ppg-industries-ppg-reports-record-q2-earnings/http://www.bloggingstocks.com/2009/07/16/ppg-industries-ppg-reports-record-q2-earnings/#commentsFiled under: , , , ,

PPG logoPPG Industries (NYSE: PPG - option chain) shares are rising today after the company reported a second-quarter profit of $146 million or 89 cents per share. Excluding one-time items, PPG earned 91 cents per share, topping analysts' forecasts of 75 cents per share. If you think that the stock 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 PPG.

PPG opened this morning at $47.15. So far today the stock has hit a low of $47.10 and a high of $49.50. As of 11:25, PPG is trading at $48.59 up $2.49 (5.4%). The chart for PPG looks bullish and S&P gives PPG a positive 5 STARS (out of 5) strong buy ranking.

Continue reading PPG Industries (PPG) reports record Q2 earnings

PPG Industries (PPG) reports record Q2 earnings originally appeared on BloggingStocks on Thu, 16 Jul 2009 12:20:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>earningsinthenewsInvestors ObserverInvestorsObserveroptionsPPGPPG IndustriesPpgIndustriesThu, 16 Jul 2009 12:20:00 EST<![CDATA[Cramer on BloggingStocks: The return of the accidental high-yielders ]]>http://www.bloggingstocks.com/2009/06/23/cramer-on-bloggingstocks-the-return-of-the-accidental-high-yiel/http://www.bloggingstocks.com/2009/06/23/cramer-on-bloggingstocks-the-return-of-the-accidental-high-yiel/http://www.bloggingstocks.com/2009/06/23/cramer-on-bloggingstocks-the-return-of-the-accidental-high-yiel/#commentsFiled under: , , , ,

TheStreet.com's Jim Cramer says they make the most sense in this vicious market.

It didn't take long, but the accidental high-yielders are back. There's PPG Industries (NYSE: PPG) (Cramer's Take) back at 5%, where it was before it told us that March was a good month and April better.

There's Emerson Electric (NYSE: EMR) (Cramer's Take) over 4% even though last week it said orders lately had been better than expected. Or Honeywell (NYSE: HON) (Cramer's Take), so close to 4%, amazing, given that it reaffirmed earnings last week.

Continue reading Cramer on BloggingStocks: The return of the accidental high-yielders

Cramer on BloggingStocks: The return of the accidental high-yielders originally appeared on BloggingStocks on Tue, 23 Jun 2009 10:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>cvxemrfeaturedhonjim cramerJimCramerppgTue, 23 Jun 2009 10:00:00 EST<![CDATA[Comfort Zone Investing: Buying blind]]>http://www.bloggingstocks.com/2009/02/28/comfort-zone-investing-buying-blind/http://www.bloggingstocks.com/2009/02/28/comfort-zone-investing-buying-blind/http://www.bloggingstocks.com/2009/02/28/comfort-zone-investing-buying-blind/#commentsFiled under: , ,

Ted Allrich is the founder of The Online Investor and author of the book: Comfort Zone Investing: Build Wealth and Sleep Well at Night. In this weekly column, he'll offer advice to investors who are just getting started.

When investors lose money as fast as most of us did in 2008 and into 2009, there's a natural tendency to want to make up the losses quickly. Not gonna happen. There isn't a sane case for a quick bounce back to the market or individual stocks. The healing will be long and slow. To think otherwise is folly.

Continue reading Comfort Zone Investing: Buying blind

Comfort Zone Investing: Buying blind originally appeared on BloggingStocks on Sat, 28 Feb 2009 10:30:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>Comfort Zone InvestingfeaturedGEinvestingJPMPPGTed AllrichSat, 28 Feb 2009 10:30:00 EST<![CDATA[The week in preview: Alcoa, Intel kick off new earnings season]]>http://www.bloggingstocks.com/2009/01/11/the-week-in-preview-alcoa-intel-kick-off-new-earnings-season/http://www.bloggingstocks.com/2009/01/11/the-week-in-preview-alcoa-intel-kick-off-new-earnings-season/http://www.bloggingstocks.com/2009/01/11/the-week-in-preview-alcoa-intel-kick-off-new-earnings-season/#commentsFiled under: , , , , ,

The new earnings season ramps up this week as Alcoa Inc. (NYSE: AA) reports fourth-quarter results. Last week, the Pittsburgh-based producer of aluminum and alumina announced layoffs and production cuts as a reaction to the economic downturn. Analysts surveyed by Thomson Reuters expect that Alcoa will have swung to its first quarterly loss in years: $0.10 per share. That compares to a profit of $0.36 per share in the same period of the previous year. Revenues for the quarter are expected to have fallen 28.8% from a year ago to $5.3 billion. For 2008, analysts are looking for earnings of $1.40 per share on revenue of $27.6 billion, down from $2.60 per share and $30.8 billion in the previous year. Alcoa missed earnings estimates in three of the past five quarters, by 25.4% in the third quarter. The consensus recommendation of analysts shifted from buy to hold AA during the past quarter. The share price has been climbing in recent weeks, but it is 65.6% lower than a year ago.

Intel Corp. (NASDAQ: INTC) is also scheduled to report fourth-quarter results this week, one of a handful of tech stocks to do so. The number one semiconductor maker is expected to post earnings down 86.8% to $0.05 per share, and sales of $8.2 billion, down 23.3% from a year ago. Last week, Intel forecast sales for the quarter of $8.2 billion. The full-year numbers are expected to be marginally lower than a year ago, or $0.94 per share on $37.7 billion. Intel only missed earnings estimates in one of the past five quarters. Shares are about $2.00 higher than the 52-week low, but 37.2% lower than a year ago.

Continue reading The week in preview: Alcoa, Intel kick off new earnings season

The week in preview: Alcoa, Intel kick off new earnings season originally appeared on BloggingStocks on Sun, 11 Jan 2009 12:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>AAAlcoaASMLBank of the OzarksDNAearningsearnings reportsFDICFHNFirst Horizon NationalGenentechHOMBHome BancsharesInfosysINFYINTCIntelJCIJohnson ControlsLinear TechnologyLLTCMarshall IlsleyMIOZRKPPGSFNCSimmons First NationalWABCWestamericaXilinxXLNXSun, 11 Jan 2009 12:30:00 EST<![CDATA[Cramer on BloggingStocks: Cramer bullish on the Dow for '09 -- Part II ]]>http://www.bloggingstocks.com/2009/01/06/cramer-on-bloggingstocks-cramer-bullish-on-the-dow-for-09-p/http://www.bloggingstocks.com/2009/01/06/cramer-on-bloggingstocks-cramer-bullish-on-the-dow-for-09-p/http://www.bloggingstocks.com/2009/01/06/cramer-on-bloggingstocks-cramer-bullish-on-the-dow-for-09-p/#commentsFiled under: , , , , , , , , , , , ,

TheStreet.com's Jim Cramer takes a look at the next six Dow stocks: Caterpillar, Chevron, Coca-Cola, Disney, Du Pont and General Electric.

Editor's note: This is the second part of Jim Cramer's series of predictions for the Dow components in 2009. If you missed the first part, you can go to Cramer bullish on the Dow for '09 -- Part I

Caterpillar (NYSE: CAT) (Cramer's Take): Here's a direct play on a turn in China and a huge stimulus plan by President-elect Obama. I believe the dividend is safe, and I trust management when it says that 2009's second half can be much better than the first half, even though I am in a lonely minority on that front. The decision to freeze wages and fire a bunch of people made sense and made me believe the company cares more about maintaining the dividend through hard times than I thought it did.

I believe the stock will get gigantic orders from the U.S. government after the passing of a stimulus plan. You can't build any infrastructure without Caterpillar's equipment, and the government ain't buying tractors from Komatsu. Helped by its 4% yield, the stock will go back to $55, a fantastic move, even though first-quarter earnings will be horrible. Don't forget, China's coming back, and that's a second big customer.

Continue reading Cramer on BloggingStocks: Cramer bullish on the Dow for '09 -- Part II

Cramer on BloggingStocks: Cramer bullish on the Dow for '09 -- Part II originally appeared on BloggingStocks on Tue, 06 Jan 2009 09:04:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>catcvxdddisdjiadowfeaturedgejim cramerJimCramerkopepppgxomTue, 06 Jan 2009 09:04:00 EST<![CDATA[Comfort Zone Investing: Safe stocks...are there any?]]>http://www.bloggingstocks.com/2008/03/22/comfort-zone-investing-safe-stocks-are-there-any/http://www.bloggingstocks.com/2008/03/22/comfort-zone-investing-safe-stocks-are-there-any/http://www.bloggingstocks.com/2008/03/22/comfort-zone-investing-safe-stocks-are-there-any/#commentsFiled under: , , , ,

[Update: Find more Comfort Zone Investing here and more stocks to buy here.]

Ted Allrich is the founder of The Online Investor and author of the just released book: Comfort Zone Investing: Build Wealth And Sleep Well At Night. In this weekly column, he'll offer advice to investors who are just getting started.

By definition, no. Stocks carry risk. If you don't want risk, put your money in treasury bills or under the mattress. But don't expect much of a return, if any. Having said that, certain stocks do have attributes that make them relatively, and I emphasize this word, relatively, safer investments than others.

First and foremost, they have solid earnings. The best ones increase earnings every year for several years, no matter what the economy does. Examples: Coca-Cola Co. (NYSE: KO), Johnson and Johnson (NYSE: JNJ) Procter & Gamble Co. (NYSE: PG), Colgate-Palmolive Co. (NYSE: CL). If you've watched these stocks during the last 6 months, they've gone down but nowhere near the depths of most others. They have solid earnings investors can count on. Investors pay for that.

Continue reading Comfort Zone Investing: Safe stocks...are there any?

Comfort Zone Investing: Safe stocks...are there any? originally appeared on BloggingStocks on Sat, 22 Mar 2008 10:30:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>CBECLComfrot Zone InvestingComfrotZoneInvestingfeaturedJNJKOMMMPEPPGPPGsafe stocksSafeStocksTed AllrichTedAllrichSat, 22 Mar 2008 10:30:00 EST<![CDATA[Analyst downgrades: Telecom Services, Watsco, Key Corp.]]>http://www.bloggingstocks.com/2008/02/20/analyst-downgrades-telecom-services-watsco-key-corp/http://www.bloggingstocks.com/2008/02/20/analyst-downgrades-telecom-services-watsco-key-corp/http://www.bloggingstocks.com/2008/02/20/analyst-downgrades-telecom-services-watsco-key-corp/#commentsFiled under: , , ,

MOST NOTEWORTHY: The Telecom Services sector, Watsco and Key Corp were today's noteworthy downgrades:
  • Credit Suisse downgraded the Telecom Services sector to Market Weight from Overweight as they believe trends could weaken in 2008 given increasing wireless competition and the difficult economic environment. The broker downgraded Verizon (NYSE: VZ) and AT&T Corp. (NYSE: T) to Neutral from Outperform in conjunction with the sector downgrade.
  • Oppenheimer downgraded Watsco (NYSE: WSO) to Perform from Outperform citing lack of near-term catalysts, further weakening in its core business, and weak 2008 earnings guidance.
  • RBC Capital lowered Key Corp. (NYSE: KEY) to Underperform from Sector Perform citing further credit deterioration following the company's outlook.
OTHER DOWNGRADES:
  • Thomas Weisel lowered Coach (NYSE: COH) to to Market Weight from Overweight.
  • Citigroup downgraded PPG Industries (NYSE: PPG) to Hold from Buy.
  • BNP Paribas downgraded the China Telecom sector to Neutral from Overweight.

Analyst downgrades: Telecom Services, Watsco, Key Corp. originally appeared on BloggingStocks on Wed, 20 Feb 2008 12:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>COHKEYPPGTVZWSOWed, 20 Feb 2008 12:00:00 EST<![CDATA[Analyst downgrades 8-07-07: CLWR, FFIV, JBLU and LUM]]>http://www.bloggingstocks.com/2007/08/07/analyst-downgrades-8-07-07-clwr-ffiv-jblu-and-lum/http://www.bloggingstocks.com/2007/08/07/analyst-downgrades-8-07-07-clwr-ffiv-jblu-and-lum/http://www.bloggingstocks.com/2007/08/07/analyst-downgrades-8-07-07-clwr-ffiv-jblu-and-lum/#commentsFiled under:

MOST NOTEWORTHY: Luminent Mortgage (LUM), JetBlue (JBLU), Thornburg Morgtage (TMA) and Harmony Gold (HMY) were today's noteworthy downgrades:
  • Luminent Mortgage (NYSE: LUM) was downgraded by a host of firms following suspension of its dividend and 10Q filing delay:
    • UBS cut shares to Sell from Neutral.
    • Deutsche Bank downgraded Luminent to Sell from Buy.
    • Friedman Billings and JMP Securities downgraded shares to Underperform from Market Perform. Keefe Bruyette downgraded Luminent to Market Perform from Outperform.
  • Morgan Stanley downgraded JetBlue (NASDAQ: JBLU) to Underweight from Equal Weight based on expected competition from Virgin American and their stretched balance sheet.
  • Deutsche Bank downgraded shares of Thornburg Mortgage (NYSE: TMA) to Sell from Hold telling accounts it does not believe REIT taxable earnings will be able to support the dividend.
  • Deutsche Bank and UBS cut shares of Harmony Gold (NYSE: HMY) to Sell from Neutral after the company lowered its earnings forecast and the CEO resigned...
OTHER DOWNGRADES:
  • Thomas Weisel downgraded F5 Networks (NASDAQ: FFIV) to Market Weight from Overweight.
  • Pali Capital downgraded Clearwire (NASDAQ: CLWR) to Neutral from Buy.
Analyst summaries provided by TheFlyOnTheWall.com (subscription required).

Analyst downgrades 8-07-07: CLWR, FFIV, JBLU and LUM originally appeared on BloggingStocks on Tue, 07 Aug 2007 11:05:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>analystclearwireclwrdowngradef5ffivharmonyhmyjetbluejnclumluminentnuveenppgratingthornburgtmau-store it trustU-storeItTrustysiTue, 07 Aug 2007 11:05:00 EST<![CDATA[Auto parts manufacturers retrench]]>http://www.bloggingstocks.com/2007/07/30/auto-parts-manufacturers-retrench/http://www.bloggingstocks.com/2007/07/30/auto-parts-manufacturers-retrench/http://www.bloggingstocks.com/2007/07/30/auto-parts-manufacturers-retrench/#commentsFiled under: , , ,

The domestic automotive business has been beaten and torn by foreign competition for several years now, forcing many auto-parts producers, such as Tower Automotive Inc. and Delphi Corp. (OTC: DPHIQ) into bankruptcy proceedings.

A growing number of auto-part manufacturers are leaving the U.S. automobile industry altogether, divesting auto-related businesses and diversifying into other, more profitable industries. The Wall Street Journal highlighted the latest companies [subscription required] trying to make the switch to stay alive:

  • SPX Corp (NYSE: SPW), a North Carolina auto manufacturer that once earned 90% of its revenue from auto-related businesses, now earns less than 3% from auto-related businesses after multiple divestitures and acquisitions. SPX Corp is now an infrastructure-related products and service manufacturer for the global power market.
  • Pittsburgh-based glass and coatings manufacturer PPG Industries Inc (NYSE: PPG) has put its windshield business up for sale. The company instead will rely on its high-tech coatings business and optical & specialty material segments that offer long-term growth potential.

Continue reading Auto parts manufacturers retrench

Auto parts manufacturers retrench originally appeared on BloggingStocks on Mon, 30 Jul 2007 16:51:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>autoauto partAutoPartcardelphidomestic autoDomesticAutodphiqeatonetninthenewsjcijohnson controlJohnsonControlppgspwspxtower automotiveTowerAutomotiveMon, 30 Jul 2007 16:51:00 EST<![CDATA[Analyst upgrades 3-13-07: CVS Corp, Expedia and SanDisk upgraded today]]>http://www.bloggingstocks.com/2007/03/13/analyst-upgrades-3-13-07-cvs-corp-expedia-and-sandisk-upgraded/http://www.bloggingstocks.com/2007/03/13/analyst-upgrades-3-13-07-cvs-corp-expedia-and-sandisk-upgraded/http://www.bloggingstocks.com/2007/03/13/analyst-upgrades-3-13-07-cvs-corp-expedia-and-sandisk-upgraded/#commentsFiled under: , , , , , ,

MOST NOTEWORTHY: Some of today's most notable upgrades include SanDisk Corp (SNDK), CVS Corp (CVS), Dow Jones & Co (DJ) and DaVita Inc (DVA):
  • SanDisk Corp (NASDAQ: SNDK) was upgraded to Buy from Neutral at UBS with a $53 target, as they believe Apple's (AAPL) new 16GB & 32GB iPod Video products will be NAND flash based. The firm expects SanDisk shares to perform as Apple's products ramp.
  • Deutsche Bank upgraded shares of CVS Corp (NYSE: CVS) to Buy from Hold with a $42 target as they believe the bidding process for Caremark Rx, Inc (NYSE: CMX) is over, reducing concerns.
  • Prudential upgraded shares of Dow Jones & Co (NYSE: DJ) to Neutral from Underweight to reflect valuation and the company's strong 2007 outlook.
  • Piper Jaffray upgraded DaVita Inc (NYSE: DVA) to Outperform from Market Perform with a $59 target on valuation.
OTHER UPGRADES:
  • Citigroup upgraded Adolor Corp (NASDAQ: ADLR) to Hold from Sell with a $10 target to reflect GlaxoSmithKline's (NYSE: GSK) plans for an additional advanced study of Entereg.
  • Wachovia upgraded shares of Symmetry Medical Inc (NYSE: SMA) based on analysis that shows inventory levels have fallen at large-cap orthopedics firms while capital expenditures have stabilized, competitors are more upbeat on market outlook, and checks that indicate the supplier market has stabilized.
  • Foundry Networks, Inc (NASDAQ: FDRY) was upgraded to Buy from Neutral at Bank of America.
  • JP Morgan upgraded Alaska Communications Systems Group (NASDAQ: ALSK) to Outperform from Neutral on valuation.
  • Goldman Sachs upgraded PPG Industries (NYSE: PPG) to Buy from Neutral with an $82 target.
  • Merrill Lynch upgraded shares of Expedia, Inc (NASDAQ: EXPE) to Buy from Neutral with a $27 target.
  • Matrix USA upgraded AMR Corp (NYSE: AMR) to Hold from Sell on valuation.
Analyst summaries provided by TheFlyOnTheWall.com (subscription required).

Analyst upgrades 3-13-07: CVS Corp, Expedia and SanDisk upgraded today originally appeared on BloggingStocks on Tue, 13 Mar 2007 11:06:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>adlradoloralaska commAlaskaCommalskamranalystcaremarkcvsdavitadjdow jonesDowJonesdvaexpeexpediafdryfoundryppgratingsandisksmasndksymmetrytheflyonthewall.comupgradeTue, 13 Mar 2007 11:06:00 EST<![CDATA[Cramer down on PPG & down again on Tech]]>http://www.bloggingstocks.com/2007/01/18/cramer-down-on-ppg-and-down-again-on-tech/http://www.bloggingstocks.com/2007/01/18/cramer-down-on-ppg-and-down-again-on-tech/http://www.bloggingstocks.com/2007/01/18/cramer-down-on-ppg-and-down-again-on-tech/#commentsFiled under: ,

On today's STOP TRADING! segment on CNBC Cramer asked: If the economy is so strong, why do industrials post so-so numbers?

Cramer said PPG Industries Inc. (NYSE:PPG) could fall to $60, currently at $66+. If the economy is so strong then why is that not doing well? Cramer thinks it isn't out of the woods and he doesn't want to own.

Cramer maintained the technology is still a sell, just like last night. Last night he gave his five tech stocks you can still own after he saying pretty much all other technology companies could be sold until August.

He said that Apple Inc.'s (NASDAQ:AAPL) drop is because the guidance was insulting, but he likes it.

Cramer down on PPG & down again on Tech originally appeared on BloggingStocks on Thu, 18 Jan 2007 15:10:00 EST. Please see our terms for use of feeds.

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