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Earnings highlights: Abercrombie, Blockbuster, Disney, Macy's, Walmart ...

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

  • Abercrombie & Fitch Co. (ANF) lower Q3 results still topped expectations and sent shares higher.
  • Applied Materials Inc. (AMAT) posted much better-than-expected Q4 earnings, the first profit in a year.
  • AstraZeneca (AZN) received an analyst's downgrade due to concerns over its earnings prospects.
  • Blackstone Group (BX) received an analyst's upgrade following the company's Q3 results.
  • Blockbuster Inc. (BBI) widened its net loss in Q3 and revenue and same-stores sales declined.
  • Clean Energy Fuels Corp. (CLNE) shares declined after its Q3 numbers fell short of expectations.
  • Consolidated Water Co. Inc. (CWCO) earnings prospects for 2010 earned it an analyst upgrade.

Continue reading Earnings highlights: Abercrombie, Blockbuster, Disney, Macy's, Walmart ...

Analyst upgrades, downgrades and initiations: ARO, AZN, BNI, BRCD, HBC, MRK, TIF ...

Analyst upgrades:

  • Goldman upgraded Aeropostale (ARO) to neutral from sell. The firm, which has a $34 target on the stock, cites the recent sell-off in shares for the upgrade.
  • Janney Montgomery upgraded Consolidated Water (CWCO) to buy from neutral on valuation and on expectations the company's earnings will recover in 2010. The firm has a $15 target on the stock.
  • Wunderlich upgraded Transmontaigne Partners (TLP) to buy from hold on valuation as it believes the sell-off on the company's Q3 results is overdone. The firm keeps a $26.50 price target on the stock.
  • Mobile TeleSystems (MBT) was upgraded to buy from neutral at UBS.
  • HSBC (HBC) was raised to buy from hold at Societe Generale.
  • Redwood Trust (RWT) was upgraded to outperform from market perform at JMP Securities.

Continue reading Analyst upgrades, downgrades and initiations: ARO, AZN, BNI, BRCD, HBC, MRK, TIF ...

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DJIA+58.0112,859.24
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S&P 500+7.371,350.01

Last updated: February 13, 2012: 12:09 PM

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