Analyst Upgrades

• Las Vegas Sands (LVS) to outperform from neutral at Credit Suisse.
• Boston Scientific (BSX) to outperform from sector perform at RBC Capital.
• Windstream (WIN) to buy from hold at Citigroup.
• Expeditors (EXPD) to buy from neutral at UBS.
• A123 Systems (AONE) to neutral from underperform and Chesapeake Midstream (CHKM) to buy from neutral at BofA/Merrill.
• AvalonBay (AVB) to outperform from neutral and Post Properties (PPS) to neutral from underperform at Cowen.

Continue reading Analyst Calls: AONE, AVB, BSX, LVS, MDRX, RRC, SAP, TIVO, WIN ...

Analyst Calls: AONE, AVB, BSX, LVS, MDRX, RRC, SAP, TIVO, WIN ... originally appeared on BloggingStocks on Tue, 01 Mar 2011 11:40:00 EST. Please see our terms for use of feeds.

Continue reading U.S. Stock Futures Up as Investors Await Manufacturing, Construction Data

U.S. Stock Futures Up as Investors Await Manufacturing, Construction Data originally appeared on BloggingStocks on Tue, 01 Mar 2011 08:30:00 EST. Please see our terms for use of feeds.

Continue reading Closing Bell: Pre-Holiday Market Cheers (ARMH, INTC, IRE, CREE, EWY, TIF, TIVO, USO)

Closing Bell: Pre-Holiday Market Cheers (ARMH, INTC, IRE, CREE, EWY, TIF, TIVO, USO) originally appeared on BloggingStocks on Wed, 24 Nov 2010 16:10:00 EST. Please see our terms for use of feeds.

Continue reading Will TiVo Pop or Drop After Its Q3 Report?

Will TiVo Pop or Drop After Its Q3 Report? originally appeared on BloggingStocks on Tue, 23 Nov 2010 14:00:00 EST. Please see our terms for use of feeds.

Analyst Upgrades

• Qualcomm (QCOM) was upgraded to outperform from neutral at Credit Suisse.
• JPMorgan upgraded Allegheny Tech (ATI) to overweight from neutral.
• NetApp (NTAP) was upgraded to buy from hold at Canaccord.
• Estee Lauder (EL) was upgraded to perform from underperform at Oppenheimer.
• Citigroup upgraded Suntech (STP) to hold from sell.

Continue reading Analyst Calls: ABT, ALU, CSCO, EL, F, KKR, QCOM, RIMM, SAP, STP, TIVO ...

Analyst Calls: ABT, ALU, CSCO, EL, F, KKR, QCOM, RIMM, SAP, STP, TIVO ... originally appeared on BloggingStocks on Thu, 18 Nov 2010 11:20:00 EST. Please see our terms for use of feeds.

A fairly obvious trade is presenting itself in shares of TiVo (TIVO). The company has been involved in patent infringement litigation with DISH Network (DISH) and Echostar (SATS) since 2004. At pretty much every step of the way, TiVo's claims have been upheld, including by the U.S. Patent Office this last October.

Currently, the U.S. Court of Appeals for the Federal Circuit is conducting an en banc review of an earlier decision, which upheld a lower court's ruling in TiVo's favor with regard to the infringement of company patents by DISH and Echostar. The CEO of TiVo has said that he expects the litigation to be resolved by February or March of 2011.

Continue reading Risk/Reward in TiVo Is Extremely Compelling

Risk/Reward in TiVo Is Extremely Compelling originally appeared on BloggingStocks on Thu, 11 Nov 2010 10:30:00 EST. Please see our terms for use of feeds.

Below are some highlights from this past week's earnings coverage on BloggingStocks. Click through to the original posts for more details.

• Ann Taylor Stores Corp. (ANN) shares rallied on heavy volume after it posted better-than-expected Q1 earnings.
• AutoZone Inc. (AZO) Q3 earnings easily beat consensus expectations and same-store sales rose sharply.
• Borders Group Inc. (BGP) posted a wider operating loss, decreasing gross margin, and a same-store sales decline.
• Campbell Soup Co. (CPB) posted strong Q3 results and offered guidance, boosting shares on a down-market day.
• Costco Wholesale Corp. (COST) posted better-than-expected Q3 results, due in part to a surge in membership sales.

Continue reading Earnings Highlights: AutoZone, Borders, Campbell, Costco, Heinz, J. Crew, TiVo ...

Earnings Highlights: AutoZone, Borders, Campbell, Costco, Heinz, J. Crew, TiVo ... originally appeared on BloggingStocks on Sat, 29 May 2010 11:40:00 EST. Please see our terms for use of feeds.

TiVo Inc. (TVO) has been desperately trying to find as many strategies as possible to ensure it stays the household name among the Digital Video Recorder (DVR) market. From a marketing perspective, the term "DVR" trumping the term "tivo" could signal the television recording pioneer's downfall. Based on its latest quarterly numbers, it may already be happening.

For the fifth time in a row, TiVo recorded a quarterly loss. This after just announcing the TiVo Premiere product that intends to integrate television/cable/satellite with web-based video content and give the customer a single interface for all their video. Problem #1: it's $300 -- quite a wallop. Problem #2: the competition is heating up fast. What does TiVo intend to do about it? If it can't make money on its hardware and subscribers are being lost to competing DVR services on cable and satellite networks, there's darkness on the horizon.

Continue reading Does TiVo Have What It Takes to Survive After Another Quarterly Loss?

Does TiVo Have What It Takes to Survive After Another Quarterly Loss? originally appeared on BloggingStocks on Fri, 28 May 2010 16:40:00 EST. Please see our terms for use of feeds.

TiVo (TIVO), an expert in digital-video recording, closed Tuesday's regular session at $9.15. It was up over 1%. Sure, that sounds swell when juxtaposed with Tuesday's market action. It does nothing, however, to make me like the stock.

The 52-week low for the shares is $6.41. The 52-week high is $18.93. The one-year chart is ... not appealing. You've got a big spike in buying interest near the right side, preceded by sideways action. Then, a nasty plunge. How can you possibly comprehend this technical situation? It's difficult at best, and I'm not going to pretend I know where the stock is heading.

Continue reading TiVo Records Another Loss in Q1

TiVo Records Another Loss in Q1 originally appeared on BloggingStocks on Wed, 26 May 2010 09:30:00 EST. Please see our terms for use of feeds.

Analyst Upgrades

• JMP Securities upgraded Boston Properties (BXP) to outperform from market perform and has an $89 price target on the stock. The firm upgraded shares based on near-term catalysts that include, the potential start of 1msf of development in Midtown, investments, and selection as 1 World Trade Center project manager.
• Baird upgraded Bucyrus (BUCY) to outperform from neutral, citing valuation and an a more favorable view of the Terex Mining acquisition. The firm has an $83 price target on the stock.
• Jefferies upgraded Warner Chilcott (WCRX) to buy from hold and has a $30 price target on the stock. The firm upgraded shares based on valuation and conservative guidance.
• AmeriCredit (ACF) was upgraded to market perform from underperform at Keefe Bruyette.
• Royal Dutch Shell (RDS.A) was upgraded to overweight from neutral at JPMorgan.
• Rio Tinto (RTP) was upgraded to outperform from market perform at Bernstein.

Continue reading Analyst Calls: BUCY, BXP, HOG, RDS.A, RTP, SY, TIVO, WCRX, WPRT ...

Analyst Calls: BUCY, BXP, HOG, RDS.A, RTP, SY, TIVO, WCRX, WPRT ... originally appeared on BloggingStocks on Mon, 17 May 2010 11:30:00 EST. Please see our terms for use of feeds.

Continue reading Closing Bell: The Good Market Giveth and Taketh Away (IRE, JCP, NBG, NVDA, TIVO)

Closing Bell: The Good Market Giveth and Taketh Away (IRE, JCP, NBG, NVDA, TIVO) originally appeared on BloggingStocks on Fri, 14 May 2010 16:30:00 EST. Please see our terms for use of feeds.

DISH Network Corp. (DISH), a provider of television entertainment channels whose competitors include Comcast Corporation (CMCSA) and DIRECTV (DTV), is trading higher about an hour before the closing bell. It's up 50 cents, or over 2%, to $21.80. Volume isn't that great, though. And I have to say, I'm not sure I'd want to join in with the buyers.

Over the last twelve months, the stock has seen a nice rise. Before you become too impressed, keep in mind that the 52-week range is a relatively narrow one. The low is $14.17, while the high is $23.06.

Continue reading DISH Network: Buy or Sell?

DISH Network: Buy or Sell? originally appeared on BloggingStocks on Mon, 10 May 2010 17:00:00 EST. Please see our terms for use of feeds.

Continue reading Closing Bell: Across the Board Wins for the Markets (SPG, GGP, NBG, BPAX, TIVO, SIRI, GS)

Closing Bell: Across the Board Wins for the Markets (SPG, GGP, NBG, BPAX, TIVO, SIRI, GS) originally appeared on BloggingStocks on Mon, 03 May 2010 16:20:00 EST. Please see our terms for use of feeds.

Analyst Upgrades

• Soleil upgraded Potash (POT) to hold from sell due to valuation. The firm maintains a $100 price target for shares.
• FBR Capital upgraded Arkansas Best (ABFS) to market perform from underperform after the company reached a tentative agreement with the Teamsters to amend its existing contract to include a 15% wage concession. The firm has a $34 price target for shares.
• Keefe Bruyette upgraded Zions Bancorp (ZION) to market perform from underperform following the company's Q1 results and raised its target for shares to $25 from $17.
• Apache (APA) was upgraded to outperform from neutral at Macquarie.
• MGM Mirage (MGM) wasupgraded to conviction buy from buy at Goldman.
• Monster Worldwide (MWW) was upgraded to outperform from neutral at Credit Suisse.

Continue reading Analyst Calls: ABFS, APA, CSTR, ESL, MGM, POT, SAI, TIVO, UL, ZION ...

Analyst Calls: ABFS, APA, CSTR, ESL, MGM, POT, SAI, TIVO, UL, ZION ... originally appeared on BloggingStocks on Tue, 20 Apr 2010 11:00:00 EST. Please see our terms for use of feeds.

Continue reading Google And Dish Network Testing Android-Based Satellite TV: TiVo Cringes

Google And Dish Network Testing Android-Based Satellite TV: TiVo Cringes originally appeared on BloggingStocks on Tue, 09 Mar 2010 16:45:00 EST. Please see our terms for use of feeds.

Continue reading Closing Bell: When Bad Jobs Are Really Great

Closing Bell: When Bad Jobs Are Really Great originally appeared on BloggingStocks on Fri, 05 Mar 2010 16:30:00 EST. Please see our terms for use of feeds.

Analyst Upgrades

• JPMorgan upgraded TiVo (TIVO) to overweight from neutral as it believes Thursday's appeal win against DISH Network could lead to revenue upside. The firm raised its target price for shares to $23 from $15.
• Collins Stewart upgraded DISH Network (DISH) to buy from hold on valuation, as it believes much of the impact from the negative appeals ruling is priced into the stock. The firm has a $30 target for shares.
• Cowen upgraded Ciena (CIEN) to outperform from neutral. The firm believes Ciena's acquisition of MEN is transformative and will accelerate top line growth.
• Progress Software (PRGS) was upgraded to buy from hold at Needham.
• Allergan (AGN) was upgraded to buy from hold at Lazard Capital.
• Public Service (PEG) was upgraded to buy from hold at Jefferies.

Continue reading Analyst Calls: CIEN, COF, DISH, ED, GME, MOS, POT, TIVO, WEN ...

Analyst Calls: CIEN, COF, DISH, ED, GME, MOS, POT, TIVO, WEN ... originally appeared on BloggingStocks on Fri, 05 Mar 2010 11:40:00 EST. Please see our terms for use of feeds.

TiVo Inc. (TIVO) hinted about a new product a week ago, and this week it was introduced. The digital video recorder pioneer announced a new set-top box that will combine over-the-air/cable/satellite viewing and recording along with web-based video content sources such as Netflix and YouTube. Need to browse for previews on prime-time shows from Amazon on Demand before you DVR it from the local cable company -- right from the same device and interface? No problem.

Continue reading TiVo Unveils New Box to Aggregate Broadcast TV and Internet Video

TiVo Unveils New Box to Aggregate Broadcast TV and Internet Video originally appeared on BloggingStocks on Thu, 04 Mar 2010 16:40:00 EST. Please see our terms for use of feeds.

Continue reading TiVo Set to Introduce New Set-Top Box Product for Online Video

TiVo Set to Introduce New Set-Top Box Product for Online Video originally appeared on BloggingStocks on Thu, 25 Feb 2010 15:30:00 EST. Please see our terms for use of feeds.

Palm (PALM) closed at $8.20. Palm is expected to report Q3 EPS on March 19. March call option implied volatility is at 86, puts at 94, May calls are at 73, puts are at 85, versus its 26-week average of 70, according to Track Data, suggesting larger price movement. Puts are more expensive than calls because PALM is difficult to borrow.

TiVo (TIVO) closed at $9.64. TIVO is expected to report Q4 EPS on March 2. Call option volume of 14,764 contracts compares to put volume of 1,427 contracts. March put option implied volatility is at 118, May is at is at 101, August is at 89, versus its six-month average of 84, according to Track Data, suggesting larger near-term price movement.

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

Options Update: Palm Volatility Elevated, Shares Trend to 11-Month Low originally appeared on BloggingStocks on Wed, 24 Feb 2010 09:00:00 EST. Please see our terms for use of feeds.