SUPG posts
FeedPosted Mar 31st 2009 11:10AM by Eric Buscemi (RSS feed)
Filed under: Analyst reports, Analyst upgrades and downgrades, Google (GOOG), Aetna Inc (AET), Alcoa Inc (AA), Analyst initiations, Freep't McMoRan Copper (FCX), Time Warner Cable (TWC)
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Analyst upgrades:
- Merriman upgraded shares of Google (NASDAQ: GOOG) to Buy from Neutral after its channel checks indicated a modest increase in ad spend per client in March. The upgrade is based on early indications that search pricing and ad spend are stabilizing, search volume continuing to grow at a double-digit rate, and Merriman's belief that consensus estimates are now at reasonable levels.
- Deutsche Bank upgraded shares of Alcoa (NYSE: AA) to Hold from Sell and raised its price target to $8 from $7.30 following the company's asset sales in March as it believes the financial overhang on the stock has been removed.
- Suntrust said Providence Service (NASDAQ: PRSC) has returned to profitability through demand stabilization for social services and cost controls. Shares were upgraded to Buy from Neutral.
- Telmex (NYSE: TMX) was upgraded to Neutral from Undeperform at Credit Suisse.
- Deutsche Telekom (NYSE: DT) was raised to Market Perform from Underperform at Bernstein.
- Autodesk (NASDAQ: ADSK) was lifted to Neutral from Sell at UBS.
Continue reading Analyst upgrades, downgrades and initiations: GOOG, AA, FCX, SJM, TWC ...
Posted Mar 2nd 2007 9:00AM by Eric Buscemi (RSS feed)
Filed under: Newspapers, Magazines, Internet, Berkshire Hathaway (BRK.A)
MAJOR PAPERS:
- The Financial Times reported that Warren Buffett has criticized hedge funds, calling their fee arrangements "grotesque."
- In other news relating to Warren Buffett, the New York Times wrote that Buffett said in his annual Berkshire Hathaway (NYSE: BRK.A) shareholder letter that he is looking for a candidate to become chief investment officer when he steps down.
OTHER PAPERS:
- BusinessWeek's "Inside Wall Street" section focused on Tyco International Ltd (NYSE: TYC), Altair Nanotechnologies Inc (NASDAQ: ALTI) and Supergen Inc (NASDAQ: SUPG).
- About Tyco, the column said the planned de-conglomeration of the company has not produced a lot of excitement, but some pros are buying shares, as they believe Tyco splitting in three will cause a jump in the stock.
- About Altair, the column said Alcoa (AA) and Eli Lilly (LLY) have taken an interest in Altair's rapid-charge, high-power NanoSafe battery packs, which could mean a rise in 2007 orders creating a profit for the company.
- About Supergen, the column said that biotech's like Supergen are gaining traction, noting that Supergen inked a pact with Johnson & Johnson (JNJ) to market its Food & Drug Administration-approved drug Dacogen.
- Investor's Business Daily's "New America" column focused on Hurco Companies Inc (NASDAQ: HURC), a machine tool maker that has ad success by downsizing in the U.S. and shifting production to Taiwan.
Will Rich Ross really have a positive impact on Disney's movie operations?
Consumers sick of recession, may spend extra on holidays
Corrections, seasonality and Santa Claus
