applied biosystems posts
FeedPosted Jun 12th 2008 4:19PM by Jon Ogg (RSS feed)
Filed under: Google (GOOG), Microsoft (MSFT), Yahoo! (YHOO), Berkshire Hathaway (BRK.A), ,
While today's index levels closed up in positive territory, that is only part of the story. The major equity index levels were far higher after the open today. Retail sales rose more than expected but the sell-off we saw earlier in oil did not hold and oil prices took the gas away from us. Fed governor Plosser's comments about "rates need to rise" didn't help matters. Below are today's unofficial closing levels:
Anheuser-Busch Companies Inc. (NYSE:
BUD) shares were up almost 5% by the final minutes of trading at $61.29 after InBev confirmed a
$65.00 initial buyout offer for the beer giant last night. Interestingly enough,
Berkshire Hathaway, Inc. (NYSE:
BRK.A,
BRK.B) will have pocketed several hundred million dollars on this if you see his current holdings.
Continue reading Closing Bell: Despite positive close, oil, fed, mergers disappoint
Posted Aug 7th 2007 10:46AM by Kevin Shult (RSS feed)
Filed under: Analyst reports, Yahoo! (YHOO), Dell (DELL), Hewlett-Packard (HPQ), Analyst initiations, Blackstone Group L.P (BX), Stocks to Buy, Stocks to Sell
MOST NOTEWORTHY: Ingram Micro (IM), SYNNEX Corp (SNX), Yahoo! (YHOO), Macquarie Infrastructure (MIC) and Polypore International (PPO) were today's noteworthy initiations:
- Banc of America assumed coverage of Ingram Micro (NYSE: IM) with a Buy rating and $23 target, as the firm is positive on the company's balanced growth and margin expansion.
- Banc of America also initiated shares of SYNNEX Corp (NYSE: SNX) with a Buy rating and $24 target, as they believe cost synergies and mix in 2007 will drive 2008 leverage and share appreciation.
- ThinkEquity transferred coverage of Yahoo! (NASDAQ: YHOO) with an Accumulate rating and cut its target to $27. ThinkEquity believes Yahoo!'s challenges, which include employee turnover risk, slower user growth, competitive pressures and limited upside in search, are unlikely to be fixed near-term by the new team of management.
- Macquarie Infrastructure (NYSE: MIC) was initiated with a Buy rating and $51 target at Citigroup, as the firm believes management fee concerns are priced into shares and that the recent acquisition of Mercury Air and San Jose Jet Center will drive a 6% increase in dividend by the end of 2007.
OTHER INITIATIONS:
- Lehman Brothers initiated shares of Blackstone Group (NYSE: BX) with an Overweight rating and $32 target.
Analyst summaries provided by
TheFlyOnTheWall.com (subscription required).
Posted Mar 26th 2007 11:01AM by Kevin Shult (RSS feed)
Filed under: Before the bell, Analyst upgrades and downgrades, Good news, Dell (DELL), Time Warner (TWX), Caterpillar (CAT), United Technologies (UTX), JetBlue Airways (JBLU)
MOST NOTEWORTHY: Dell Inc (DELL), JetBlue Airways Corp (JBLU), Time Warner Inc (TWX) and Spectrum Brands, Inc (SPC) were some of today's notable upgrades.
- Goldman Sachs upgraded Dell Inc (NASDAQ: DELL) to Buy from Neutral with a $28 target to reflect the potential for buyback as well as other growth steps in the company's turnaround efforts.
- JetBlue Airways Corp (NASDAQ: JBLU) was upgraded to Neutral from Reduce at UBS.
- Time Warner Inc (NYSE: TWX) Inc was upgraded to Outperform from Peer Perform at Bear Stearns.
- Prudential upgraded Spectrum Brands Inc (NYSE: SPC) to Neutral from Underweight with a $5 target on valuation.
OTHER UPGRADES:
- United Technologies Corp (NYSE: UTX) was upgraded to Outperform from Neutral with a $79 target at Credit Suisse as the firm believes management can achieve better results across the company's commercial business.
- JP Morgan upgraded Applied Biosystems, Inc (NYSE: ABI) to Neutral from Underweight.
- Matrix USA upgraded Realnetworks, Inc (NASDAQ: RNWK) to Buy from Hold on valuation.
- Calyon upgraded Red Lion Hotels Corp (NYSE: RLH) to Add from Neutral with a $14 target.
- Prudential upgraded PDL BioPharma Inc (NASDAQ: PDLI) to Overweight from Neutral with a $28 target.
- Citigroup added Caterpillar Inc (NASDAQ: CAT) to its Recommended List.
Analyst summaries provided by TheFlyOnTheWall.com (subscription required).
Chasing Value: Ten stocks for 2010 -- Part 2
Advanced Micro Devices rallies after settling Intel tiff
United Technologies fires up a deal with GE
