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 Calls: ALTR, BHI, CL, CLX, FFIV, GS, HCBK, LLTC, PG, STT, TYC ...]]>http://www.bloggingstocks.com/2011/01/20/analyst-upgrades-downgrades/http://www.bloggingstocks.com/2011/01/20/analyst-upgrades-downgrades/http://www.bloggingstocks.com/2011/01/20/analyst-upgrades-downgrades/#commentsFiled under: , , , , , ,

Analyst Upgrades

  • Micron (MU) to buy from neutral at UBS.
  • Baker Hughes (BHI) to outperform from market perform at BMO Capital.
  • PDL BioPharma (PDLI) to outperform from sector perform at RBC Capital.
  • Fluor (FLR) and Rush Enterprises (RUSHA) to buy from neutral at BofA/Merrill.
  • Camden Property (CPT) to outperform from neutral at Macquarie.
  • Pinnacle Financial (PNFP) to buy from hold at Wunderlich.
  • Linear Technology (LLTC) to neutral from reduce at Nomura.
  • Hologic (HOLX) and Illumina (ILMN) to buy from hold at Citigroup.
  • F5 Networks (FFIV) to buy from neutral at Gleacher.

Continue reading Analyst Calls: ALTR, BHI, CL, CLX, FFIV, GS, HCBK, LLTC, PG, STT, TYC ...

Analyst Calls: ALTR, BHI, CL, CLX, FFIV, GS, HCBK, LLTC, PG, STT, TYC ... originally appeared on BloggingStocks on Thu, 20 Jan 2011 12:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>ACLAlconAlteraALTRanalyst upgradesBaker HughesBCSIBHICalpineCaviumCAVMCHDChurch and DwightCitrixCLCloroxCLXCNIColgateCPNCPTCTXSdowngradesEnscoESVF5FFIVFLRFluorGoldman SachsGSHCBKHologicHOLXIlluminaILMNinitiationsinthenewsLLTCMannKindMicronMNKDMUNETLNetLogicPCGPDLIPGPNFPProcter and GambleRackspaceRAXRUSHAState StreetSTTTYCTycoVMWVMwareWatscoWSOThu, 20 Jan 2011 12:00:00 EST<![CDATA[State Street Takes a Hit After Q4 Report]]>http://www.bloggingstocks.com/2011/01/19/state-street-takes-a-hit-after-q4-report/http://www.bloggingstocks.com/2011/01/19/state-street-takes-a-hit-after-q4-report/http://www.bloggingstocks.com/2011/01/19/state-street-takes-a-hit-after-q4-report/#commentsFiled under: , , ,

Financial services firm State Street Corp. (STT) reported this morning that its fourth-quarter profit fell 84% to $81 million, or 16 cents per share, from its year-ago earnings of $498 million, or $1 per share. However, ex-items earnings arrived at 87 cents per share, up from 71 cents on a year-over-year basis. Revenue for the period slipped 10% to $2.04 billion, but rose 9.6% to $2.28 billion on an operating basis.

The adjusted results surpassed analysts' expectations, which called for a profit of 86 cents per share on revenue of $2.14 billion. However, traders seem less than pleased by STT's quarterly results. The stock gapped lower with the sound of Wednesday's opening bell, falling to a loss of about 4% in early trading.

Continue reading State Street Takes a Hit After Q4 Report

State Street Takes a Hit After Q4 Report originally appeared on BloggingStocks on Wed, 19 Jan 2011 14:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>callsearningsfourth quarterinthenewsoptionsprofitrevenueState StreetState Street Q4STTtechnical analysisWed, 19 Jan 2011 14:30:00 EST<![CDATA[Week in Preview: Banks in the Earnings Spotlight]]>http://www.bloggingstocks.com/2011/01/16/week-in-preview-banks-in-the-earnings-spotlight/http://www.bloggingstocks.com/2011/01/16/week-in-preview-banks-in-the-earnings-spotlight/http://www.bloggingstocks.com/2011/01/16/week-in-preview-banks-in-the-earnings-spotlight/#commentsFiled under: , , , ,

earnings expectationsThe earnings season ramps up this week. Analysts polled by Thomson Reuters foresee strong reports from such big names as Apple (AAPL), eBay (EBAY), IBM (IBM), General Electric (GE), Google (GOOG), Schlumberger (SLB) and Southwest Airlines (LUV). And fast on the heels of last week's big earnings beat from JPMorgan Chase (JPM), there will be plenty more results from the financial sector to peruse this week.

Among the financials expected to post double-digit earnings growth this week are Capital One Financial (COF), Morgan Stanley (MS), SLM Corp. (SLM) and U.S. Bancorp (USB), but the week's biggest earnings winner may be Wells Fargo (WFC).

Continue reading Week in Preview: Banks in the Earnings Spotlight

Week in Preview: Banks in the Earnings Spotlight originally appeared on BloggingStocks on Sun, 16 Jan 2011 12:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>AAPLanalyst forecastsAppleBACBank of AmericaBank of America earningsBank of America WikiLeaksBBTCCapital One FinancialCitigroupCMACOFCOLComericaCreeDALDeltaearnings previewsearnings seasoneBayESIFASTFCXfeaturedFifth Third BancorpFITBGEGeneral ElectricGoldman SachsGoldman Sachs class-action suitGoldman Sachs earningsGOOGGoogleGSHBANHuntington BancsharesIBMJCIJPMJPMorgan ChaseLLTCLUVLXNXMorgan StanleyMSNorthern TrustNTRSPHPNCSchlumbergerSLBSLMSLM Corp.Southwest AirlinesState StreetSTISTTSunTrustU.S. BancorpUnion PacificUNPUSBWells FargoWells Fargo dividendWells Fargo earningsWFCSun, 16 Jan 2011 12:30:00 EST<![CDATA[Analyst Calls: AEO, BK, HTGC, KFN, PLD, STT, SVU, THC, VPHM ...]]>http://www.bloggingstocks.com/2010/12/22/analyst-upgrades-downgrades/http://www.bloggingstocks.com/2010/12/22/analyst-upgrades-downgrades/http://www.bloggingstocks.com/2010/12/22/analyst-upgrades-downgrades/#commentsFiled under: , , , , ,

Analyst Upgrades

  • SuperValu (SVU) to buy from hold at Hapoalim.
  • Constellation Energy (CEG) to buy from hold at Citigroup.
  • Doral Financial (DRL) to neutral from sell and ABB (ABB) to buy from neutral at Sterne Agee.

Analyst Downgrades

  • American Eagle (AEO) to neutral from buy at SunTrust.
  • Tenet Healthcare (THC) to market perform from outperform at Wells Fargo.

Continue reading Analyst Calls: AEO, BK, HTGC, KFN, PLD, STT, SVU, THC, VPHM ...

Analyst Calls: AEO, BK, HTGC, KFN, PLD, STT, SVU, THC, VPHM ... originally appeared on BloggingStocks on Wed, 22 Dec 2010 11:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>ABBABCBAEOAMBAmerican Eagleanalyst upgradesBank of New York MellonBKCEGCHCODCTdowngradesDRLEGPHTGCinitiationsinthenewsKFNKKR FinancialPLDProLogisState StreetSTTSuperValuSVUTenet HealthcareTHCTKLCUBSIVPHMWed, 22 Dec 2010 11:30:00 EST<![CDATA[Pre-Market Outlook: U.S. Futures Higher on Strong China Production Data]]>http://www.bloggingstocks.com/2010/12/01/pre-market-outlook-u-s-futures-higher-on-strong-china-producti/http://www.bloggingstocks.com/2010/12/01/pre-market-outlook-u-s-futures-higher-on-strong-china-producti/http://www.bloggingstocks.com/2010/12/01/pre-market-outlook-u-s-futures-higher-on-strong-china-producti/#commentsFiled under: , ,

U.S. stock index futures are higher Wednesday, after better-than-expected factory production data from China. Futures on the Dow Jones Industrial Average gained 119 points to 11,115.00, while S&P 500 futures rose 13.80 points to 1,193.40. Nasdaq 100 futures advanced 21.75 points to 2,138.75.

U.S. stock markets closed lower yesterday, with the blue-chip Dow index losing 46.47 points or 0.42%.

The ADP employment survey for November was due at about 8:15 a.m. ET. However, data on Q3 productivity will be released at 8:30 a.m. ET. The ISM manufacturing data for November will be released at 10 a.m. ET.

Continue reading Pre-Market Outlook: U.S. Futures Higher on Strong China Production Data

Pre-Market Outlook: U.S. Futures Higher on Strong China Production Data originally appeared on BloggingStocks on Wed, 01 Dec 2010 08:50:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>ADP employment reportdxyewafeaturedgdxjjob cutsmanufacturingqldrspstate streetWed, 01 Dec 2010 08:50:00 EST<![CDATA[Analyst Calls: GDP, INTC, LVS, MON, MRVL, NTRS, NVDA, STT, WYNN ...]]>http://www.bloggingstocks.com/2010/11/05/analyst-upgrades-downgrades/http://www.bloggingstocks.com/2010/11/05/analyst-upgrades-downgrades/http://www.bloggingstocks.com/2010/11/05/analyst-upgrades-downgrades/#commentsFiled under: , , , , ,

Analyst Upgrades

  • State Street (STT) was upgraded to buy from neutral at Goldman.
  • Roth Capital upgraded Intel (INTC), Marvell Technology (MRVL) and Nvidia (NVDA) to buy from neutral.
  • Bebe Stores (BEBE) was upgraded to buy from neutral at Janney Montgomery.
  • W&T Offshore (WTI) was upgraded to buy from accumulate at Global Hunter.
  • Citigroup upgraded International Rectifier (IRF) and Timberland (TBL) to hold from sell.
  • Watson Pharma (WPI) was upgraded to buy from neutral at UBS.
  • Atmel (ATML) was upgraded to strong buy from buy at Needham.
  • Ashford Hospitality (AHT) was upgraded to outperform from neutral at RW Baird.
  • Oppenheimer upgraded MetroPCS (PCS) to outperform from perform.

Continue reading Analyst Calls: GDP, INTC, LVS, MON, MRVL, NTRS, NVDA, STT, WYNN ...

Analyst Calls: GDP, INTC, LVS, MON, MRVL, NTRS, NVDA, STT, WYNN ... originally appeared on BloggingStocks on Fri, 05 Nov 2010 11:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>AHTALYanalyst upgradesATMLBEBECenterPointCFXClearwireCLWRCNPColfaxCORDECKDeckersdowngradesEQYGoodrichinitiationsINTCinthenewsIRFJNYLas Vegas SandsLVSMarvellMetroPCSMONMonsantoMRVLNorthern TrustNTRSNVDANvidiaPCSPRERed LionRF MicroRFMDRLHState StreetSTNSTTSUGTBLTimberlandTWOWPIWPRTWTIWYNNFri, 05 Nov 2010 11:30:00 EST<![CDATA[Puts Popular Ahead of State Street's Earnings Report]]>http://www.bloggingstocks.com/2010/07/19/puts-popular-ahead-of-state-streets-earnings-report/http://www.bloggingstocks.com/2010/07/19/puts-popular-ahead-of-state-streets-earnings-report/http://www.bloggingstocks.com/2010/07/19/puts-popular-ahead-of-state-streets-earnings-report/#commentsFiled under: , ,

Financial services firm State Street Corporation (STT) is slated to take its turn in the earnings spotlight tomorrow morning. Analysts surveyed by Thomson Reuters are expecting STT to report a second-quarter profit of 93 cents per share, down from $1.04 per share in the year-ago period. The company has a formidable history on the earnings front, having exceeded analysts' per-share profit expectations in each of the past four reporting periods.

However, options players are bracing for a potential post-earnings pullback. During the past 10 days, speculators on the Chicago Board Options Exchange (CBOE) and the International Securities Exchange (ISE) have bought to open 1.32 puts for every call on STT. This ratio ranks in the 81st percentile, indicating that traders are purchasing bearish bets over their bullish counterparts at a faster pace than usual.

Continue reading Puts Popular Ahead of State Street's Earnings Report

Puts Popular Ahead of State Street's Earnings Report originally appeared on BloggingStocks on Mon, 19 Jul 2010 14:20:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>analyst ratingscallscontrarianearningsinthenewsoptionsputssecond quartersentiment analysisshort interestState StreetSTTMon, 19 Jul 2010 14:20:00 EST<![CDATA[Fearless Friday: BAC, C, and GE Report Earnings]]>http://www.bloggingstocks.com/2010/07/15/fearless-friday-bac-c-and-ge-report-earnings/http://www.bloggingstocks.com/2010/07/15/fearless-friday-bac-c-and-ge-report-earnings/http://www.bloggingstocks.com/2010/07/15/fearless-friday-bac-c-and-ge-report-earnings/#commentsFiled under: , , , , , ,

Tomorrow is filled with the potential to boost the market upward, or trip it up going into the weekend. Three financial giants are reporting: Bank of America Corporation (BAC), Citigroup, Inc. (C) and General Electric Company (GE). This could set the stage for a continued market rally next week as earnings season has been generally positive and a trend is developing.

Expectations are high, following solid quarters reported by State Street (STT) last week that surprised many, and JPMorgan Chase & Company (JPM), who followed up with a big beat this morning.

Sentiment seems to be on the bullish side as tomorrow is also options expiration time and those betting on the banks should be pleased to book some gains.

Continue reading Fearless Friday: BAC, C, and GE Report Earnings

Fearless Friday: BAC, C, and GE Report Earnings originally appeared on BloggingStocks on Thu, 15 Jul 2010 18:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>bacBank of AmericaCcitigroupearningsfeaturedGEgeneral electricjp morgan chaseJPMoptionsSheldon Liberstate streetSTTThu, 15 Jul 2010 18:00:00 EST<![CDATA[Options Update: State Street Options Active; Shares Rally on Q2 Profit Outlook]]>http://www.bloggingstocks.com/2010/07/08/options-update-state-street-options-active-shares-rally-on-q2/http://www.bloggingstocks.com/2010/07/08/options-update-state-street-options-active-shares-rally-on-q2/http://www.bloggingstocks.com/2010/07/08/options-update-state-street-options-active-shares-rally-on-q2/#commentsState Street Corporation (STT) closed up $3.29 to $36.62 yesterday. STT saw Q2 results above analyst views. STT call option volume of 14K compared to put volume of 6K contracts. July put implied volatility was at 36, November at 40; above its 26-week average of 33 according to Track Data, suggesting larger price movement.

CBOE Volatility Index: The VIX was down 2.68 to 26.97.

Option volume leaders yesterday, just before the close, according to Track Data were: Citigroup, Inc. (C), BP plc (BP), Bank of America Corporation (BAC), and JPMorgan Chase & Co. (JPM).

Options Update is by Stock Specialist Paul Foster of theflyonthewall.com

Options Update: State Street Options Active; Shares Rally on Q2 Profit Outlook originally appeared on BloggingStocks on Thu, 08 Jul 2010 08:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>inthenewsoptionsstate streetThu, 08 Jul 2010 08:30:00 EST<![CDATA[Closing Bell: Kicking Confidence Under the Belt (SCHW, BRCD, PALM, THC, STT, SPG, BAM)]]>http://www.bloggingstocks.com/2010/02/23/closing-bell-kicking-confidence-under-the-belt-schw-brcd-pa/http://www.bloggingstocks.com/2010/02/23/closing-bell-kicking-confidence-under-the-belt-schw-brcd-pa/http://www.bloggingstocks.com/2010/02/23/closing-bell-kicking-confidence-under-the-belt-schw-brcd-pa/#commentsFiled under:

The market was flat to weak this morning before key data and then the reading that consumer confidence fell all the way down to 46.0 from 56.5 in January, well under the 55.0 estimate from Bloomberg, added insult to injury. We saw profit taking take hold after that, and any early gains were taken away with the market in the red most of the day.

Here were today's unofficial closing bell levels:

Dow 10,282.41 -100.97 (-0.97%)
S&P 500 1,094.60 -13.41 (-1.21%)
Nasdaq 2,213.44 -28.59 (-1.28%)

Top Analyst Upgrades/Downgrades
Top Stock Market Rumors

Continue reading Closing Bell: Kicking Confidence Under the Belt (SCHW, BRCD, PALM, THC, STT, SPG, BAM)

Closing Bell: Kicking Confidence Under the Belt (SCHW, BRCD, PALM, THC, STT, SPG, BAM) originally appeared on BloggingStocks on Tue, 23 Feb 2010 16:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>brocadesimon property groupSimonPropertyGroupstate streetStateStreettelevisiontenetTue, 23 Feb 2010 16:00:00 EST<![CDATA[What Do Earnings from the Big Banks Signal for the Economy?]]>http://www.bloggingstocks.com/2010/01/22/what-do-earnings-from-the-big-banks-signal-for-the-economy/http://www.bloggingstocks.com/2010/01/22/what-do-earnings-from-the-big-banks-signal-for-the-economy/http://www.bloggingstocks.com/2010/01/22/what-do-earnings-from-the-big-banks-signal-for-the-economy/#commentsFiled under: , , , , , , ,

Banks have seen a hectic couple of days' of trading, thanks to a bevy of news. I thought it may be good to take a look at some earnings results from a few of the banks, and what it could mean for the economy going forward.

First, let's look at the earnings:
  • JPMorgan Chase (JPM): earnings of 74 cents per share; expectations for 60 cents per share
  • Citigroup (C): a loss of six cents per share; expectations for a loss of 33 cents per share
  • Goldman Sachs (GS): earnings of $8.20 per share; expectations for earnings of $5.20

Continue reading What Do Earnings from the Big Banks Signal for the Economy?

What Do Earnings from the Big Banks Signal for the Economy? originally appeared on BloggingStocks on Fri, 22 Jan 2010 12:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>BACbank earningsBank of Americabig banksCitigroupearningseconomic crisisfeaturedinthenewsJPMJPMorganMorgan StanleyMSNorthern TrustNTRSState StreetStateStreetSTTU.S. BancorpU.s.BancorpUSBWells FargoWFCFri, 22 Jan 2010 12:00:00 EST<![CDATA[The Week in Preview: Q4 Earnings Expectations for the Financial Sector]]>http://www.bloggingstocks.com/2010/01/17/the-week-in-preview-q4-earnings-expectations-for-the-financial/http://www.bloggingstocks.com/2010/01/17/the-week-in-preview-q4-earnings-expectations-for-the-financial/http://www.bloggingstocks.com/2010/01/17/the-week-in-preview-q4-earnings-expectations-for-the-financial/#commentsFiled under: , , , , , , , , , , , ,

Last week, JPMorgan Chase & Co. (JPM) led off the coming parade of earnings from the big banks when it reported better-than-expected fourth-quarter and full-year earnings, though its revenue fell short of estimates.

Plenty more earnings from the financial sector are due out this week. Analysts surveyed by Thomson Reuters anticipate fourth-quarter earnings growth from American Express Co. (AXP), Bank of New York Mellon Corp. (BK), Hudson City Bancorp Inc. (HCBK), SLM Corp. (SLM) and US Bancorp (USB).

Continue reading The Week in Preview: Q4 Earnings Expectations for the Financial Sector

The Week in Preview: Q4 Earnings Expectations for the Financial Sector originally appeared on BloggingStocks on Sun, 17 Jan 2010 12:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>American ExpressAXPBACBank of AmericaBank of New York MellonBBTBKCapital OneCitigroupCMACOFComericaearningsfeaturedFHNFifth Thirdfinancial sectorFirst HorizonFITBGoldman SachsGSHBANHCBKHudson CityHuntington BancsharesJPMJPMorgan ChaseKEYKeycorpMarshall and IlsleyMIMorgan StanleyMSMTBNorthern TrustNTRSPNCSLMState StreetSTISTTSuntrustUS BancorpUSBWells FargoWFCSun, 17 Jan 2010 12:30:00 EST<![CDATA[Analyst Calls: RIMM, NTRS, STT, UHS, POT, BCR, O, JCI, GPS, WMG]]>http://www.bloggingstocks.com/2009/12/18/analyst-calls-rimm-ntrs-stt-uhs-pot-bcr-o-jci-gps-wmg/http://www.bloggingstocks.com/2009/12/18/analyst-calls-rimm-ntrs-stt-uhs-pot-bcr-o-jci-gps-wmg/http://www.bloggingstocks.com/2009/12/18/analyst-calls-rimm-ntrs-stt-uhs-pot-bcr-o-jci-gps-wmg/#commentsFiled under: , , , , , , , , ,

Analyst Upgrades

  • Deutsche Bank upgraded Research in Motion (RIMM) to hold from sell to reflect the company's Q3 results and guidance. The firm raised its target price on shares to $75 from $60.
  • Keefe Bruyette upgraded Northern Trust (NTRS) and State Street (STT) to outperform from market perform to reflect valuation and favorable longer-term secular trends. The firm keeps a $58 price target on Northern Trust and a $51 target on State Street.
  • UBS upgraded Universal Health (UHS) to buy from neutral and raised its target to $38 from $31. The firm said hospital checks indicate bad debt has not increased vs. Q3 and that Universal Health should report an in-line to better-than-expected Q4.
  • Take-Two Interactive (TTWO) was upgraded to hold from sell at Kaufman Bros.
  • Whiting Petroleum (WLL) was raised to outperform from market perform at Wells Fargo.
  • BP Plc (BP) was upgraded at Goldman to buy from neutral.

Continue reading Analyst Calls: RIMM, NTRS, STT, UHS, POT, BCR, O, JCI, GPS, WMG

Analyst Calls: RIMM, NTRS, STT, UHS, POT, BCR, O, JCI, GPS, WMG originally appeared on BloggingStocks on Fri, 18 Dec 2009 10:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>AMBAMB PropertyAOLBCRBPBP PlcC.R. BardFROFrontlinegap inc.GPSIBMinthenewsJCIJohnson ControlsNetAppNorthern TrustNTAPNTRSOPOTPotashRealty Incomeresearch in motionRIMMState StreetSTTTake-Two InteractiveTTWOUHSUniversal HealthUniversalHealthWarner MusicWhiting PetroleumWilliamsPartnersWLLWMGWPZFri, 18 Dec 2009 10:00:00 EST<![CDATA[Earnings highlights: Apple, Microsoft, Yahoo!, Bank of New York, Capital One ...]]>http://www.bloggingstocks.com/2009/07/25/earnings-highlights-apple-microsoft-yahoo-bank-of-new-york/http://www.bloggingstocks.com/2009/07/25/earnings-highlights-apple-microsoft-yahoo-bank-of-new-york/http://www.bloggingstocks.com/2009/07/25/earnings-highlights-apple-microsoft-yahoo-bank-of-new-york/#commentsFiled under: , , , , , , ,

Here are some highlights from last week's earnings coverage from BloggingStocks:

Continue reading Earnings highlights: Apple, Microsoft, Yahoo!, Bank of New York, Capital One ...

Earnings highlights: Apple, Microsoft, Yahoo!, Bank of New York, Capital One ... originally appeared on BloggingStocks on Sat, 25 Jul 2009 10:10:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>AAPLAMDAmerican ExpressAppleAXPBank of New YorkBKCapital OneCOFearningsHCBKHudson CityIntuitive SurgicaliPhoneISRGJDAJDASJim CramerKeyCorpMicrosoftMSFTMT BankMTBState StreetSTTTARPVMWVMWareYahooYHOOSat, 25 Jul 2009 10:10:00 EST<![CDATA[State Street (STT) Q2 earnings disappoint]]>http://www.bloggingstocks.com/2009/07/21/state-street-stt-q2-earnings-disappoint/http://www.bloggingstocks.com/2009/07/21/state-street-stt-q2-earnings-disappoint/http://www.bloggingstocks.com/2009/07/21/state-street-stt-q2-earnings-disappoint/#commentsFiled under: , , ,

STT logoState Street (NYSE: STT - option chain) stock is falling today after the company reported a second-quarter loss of $3.3 billion or $7.12 per share, hurt by charges related to the consolidation of the asset-backed commercial paper conduits onto the company's balance sheet and its TARP repayment. Excluding one-time items, STT earned 79 cents per share, missing analysts' estimates of 97 cents per share. If you think this stock won't be rising too far in the coming months, then it could be a good time to look at a bearish hedged play on STT.

This morning, STT opened at $48.81. So far today the stock has hit a low of $45.98 and a high of $48.77. As of 11:45, STT is trading at $46.91, down $1.90 (3.9%). The chart for STT looks bullish and S&P gives STT a positive 4 STARS (out of 5) buy ranking.

Continue reading State Street (STT) Q2 earnings disappoint

State Street (STT) Q2 earnings disappoint originally appeared on BloggingStocks on Tue, 21 Jul 2009 13:40:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>earningsinthenewsinvestors observerInvestorsObserveroptionsState StreetStateStreetSTTTue, 21 Jul 2009 13:40:00 EST<![CDATA[State Street unit slapped with Wells Notice]]>http://www.bloggingstocks.com/2009/06/29/state-street-unit-slapped-with-wells-notice/http://www.bloggingstocks.com/2009/06/29/state-street-unit-slapped-with-wells-notice/http://www.bloggingstocks.com/2009/06/29/state-street-unit-slapped-with-wells-notice/#commentsFiled under: , ,

State Street Corp. (NYSE: STT) said today that its State Street Bank & Trust Co. unit received a Wells Notice from the Securities and Exchange Commission (SEC). The notice, which indicates that civil charges may be brought against the company, relates to disclosures and management of certain fixed-income strategies during 2007 and previous periods.

Some investors have accused State Street of misleading them about the risks involved in mortgage-related investments. A legal reserve fund worth $625 million was established in 2007 to cover investor claims, and $418 million has already been paid out. The firm says it is currently cooperating with the SEC, as well as state and other regulators.

Continue reading State Street unit slapped with Wells Notice

State Street unit slapped with Wells Notice originally appeared on BloggingStocks on Mon, 29 Jun 2009 11:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>inthenewsoptionsSECSecurities and Exchange CommissionState StreetSTTtechnical analysisWells noticeMon, 29 Jun 2009 11:00:00 EST<![CDATA[Analyst upgrades, downgrades and initiations: CSX, JBL, MRVL, NUE, STT, X ... ]]>http://www.bloggingstocks.com/2009/06/09/analyst-upgrades-downgrades-and-initiations/http://www.bloggingstocks.com/2009/06/09/analyst-upgrades-downgrades-and-initiations/http://www.bloggingstocks.com/2009/06/09/analyst-upgrades-downgrades-and-initiations/#commentsFiled under: , , , , ,

Analyst upgrades:
  • Keefe Bruyette upgraded American Capital (NASDAQ: AGNC) to Outperform from Market Perform on expectations the company's book value and earnings are trending higher. The firm raised its target price to $22.
  • Jefferies upgraded Spartan Stores (NASDAQ: SPTN) to Buy from Hold as it believes the company's EPS and sales momentum will return with the Michigan economy likely bottoming out. Despite upgrading, the firm lowered its target price to $18 from $24.
  • Morgan Stanley upgraded U.S. Steel (X) to Overweight from Equal Weight due to its favorable product mix and leverage to improving operating rates.
  • CSX Corp. (NYSE: CSX) was upgraded to Buy from Neutral at Goldman.
  • Mueller Water (NYSE: MWA) was raised to Perform from Underperform at Oppenheimer.
  • Marvell Technology (NASDAQ: MRVL) was upgraded to Outperform from Underperform at JMP Securities.

Continue reading Analyst upgrades, downgrades and initiations: CSX, JBL, MRVL, NUE, STT, X ...

Analyst upgrades, downgrades and initiations: CSX, JBL, MRVL, NUE, STT, X ... originally appeared on BloggingStocks on Tue, 09 Jun 2009 11:40:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>CarMaxCSXHartford FinancialHIGKMXMarvellMRVLNucorNUEState StreetSTTUS SteelXTue, 09 Jun 2009 11:40:00 EST<![CDATA[Analyst upgrades, downgrades and initiations: WTR, GIL, STT, EHTH, AKZOY, MEOH, UTHR and HGG]]>http://www.bloggingstocks.com/2009/05/19/analyst-upgrades-downgrades-and-initiations-wtr-gil-stt-eht/http://www.bloggingstocks.com/2009/05/19/analyst-upgrades-downgrades-and-initiations-wtr-gil-stt-eht/http://www.bloggingstocks.com/2009/05/19/analyst-upgrades-downgrades-and-initiations-wtr-gil-stt-eht/#commentsFiled under: , ,

Analyst upgrades:
  • Janney Montgomery upgraded Aqua America (NYSE: WTR) to Buy from Neutral on valuation, viewing the recent weakness as a buying opportunity. The firm has a $19 target on the stock.
  • UBS upgraded Gildan Activewear (NYSE: GIL) to Buy from Neutral due to customer Broder's improved liquidity and the improved outlook for margins.
  • RBC Capital upgraded State Street (NYSE: STT) to Top Pick from Outperform and raised its target to $55 from $40. The analyst said the $2B capital raise addresses TCE ratio concerns and large unrealized losses in the investment portfolio.
  • Sherwin-Williams (NYSE: SHW) was upgraded to Overweight from Neutral at JP Morgan.
  • Advance Auto Parts (NYSE: AAP) was upgraded to Buy from Underperform at Banc of America/Merrill.
  • M&T Bank (NYSE: MTB) was upgraded to Outperform from Market Perform at Bernstein.

Continue reading Analyst upgrades, downgrades and initiations: WTR, GIL, STT, EHTH, AKZOY, MEOH, UTHR and HGG

Analyst upgrades, downgrades and initiations: WTR, GIL, STT, EHTH, AKZOY, MEOH, UTHR and HGG originally appeared on BloggingStocks on Tue, 19 May 2009 11:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>AAPadvance auto partsAdvanceAutoPartsakzo nobelAkzoNobelAKZOYAqua AmericaAquaAmericacogdell-spencerCSAehealthehealthinsuranceEHTHembraerERJGILgildan activewearGildanActivewearHGGhhgregglifepointlifepoint hospitalsLifepointHospitalsLPNTMEOHMethanexMT BankMTBMtBankMYGNmyriadmyriad geneticsmyriadgeneticssherwin williamssherwin-williamsSherwinWilliamsSHWstate streetstate street corporationStateStreetStateStreetCorporationSTTunited therapeuticsUnitedTherapeuticsUTHRWillis GroupWillisGroupWSHWTRTue, 19 May 2009 11:00:00 EST<![CDATA[Earnings highlights: Berkshire Hathaway, Blackstone, Costco, Toll Bros. and more]]>http://www.bloggingstocks.com/2009/03/07/earnings-highlights-berkshire-hathaway-blackstone-costco-tol/http://www.bloggingstocks.com/2009/03/07/earnings-highlights-berkshire-hathaway-blackstone-costco-tol/http://www.bloggingstocks.com/2009/03/07/earnings-highlights-berkshire-hathaway-blackstone-costco-tol/#commentsFiled under:

Here are some highlights from this past week's earnings coverage from BloggingStocks:

Continue reading Earnings highlights: Berkshire Hathaway, Blackstone, Costco, Toll Bros. and more

Earnings highlights: Berkshire Hathaway, Blackstone, Costco, Toll Bros. and more originally appeared on BloggingStocks on Sat, 07 Mar 2009 09:40:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>ADBEAdobeAmericas Car-MartArbysAT and TBerkshire HathawayBlackstoneBRK.ABXCOSTCostcoCRMTHBCHSBCMCDMcDonaldsMoveState StreetSTTTOLToll BrothersWENWendysSat, 07 Mar 2009 09:40:00 EST<![CDATA[Earnings highlights: Apple, Microsoft, GE, Johnson & Johnson, Harley Davidson and others]]>http://www.bloggingstocks.com/2009/01/24/earnings-highlights-apple-microsoft-ge-johnson-and-johnson/http://www.bloggingstocks.com/2009/01/24/earnings-highlights-apple-microsoft-ge-johnson-and-johnson/http://www.bloggingstocks.com/2009/01/24/earnings-highlights-apple-microsoft-ge-johnson-and-johnson/#commentsFiled under: , , , , , , , , ,

Here are some highlights from this past week's earnings coverage from BloggingStocks:

For more highlights from this week, see eBay, Google, IBM, Southwest, UAL, AMR, Northern Trust and others

Continue reading Earnings highlights: Apple, Microsoft, GE, Johnson & Johnson, Harley Davidson and others

Earnings highlights: Apple, Microsoft, GE, Johnson & Johnson, Harley Davidson and others originally appeared on BloggingStocks on Sat, 24 Jan 2009 09:40:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>AAPLAir ProductsAPDAppleCoachCOHDouglas McIntyreearningsGEGeneral ElectricHarley DavidsonHOGJNJJohnson and JohnsonMicrosoftMSFTPOTPotashSeagateSNESonyState StreetSTTSTXUNHUnited TechnologiesUnitedHealthUTXSat, 24 Jan 2009 09:40:00 EST