Continue reading Closing Bell: A Wishy-Washy Trading Day (AAPL, YHOO, GILD, CYBS, V, VITC, GS)

Closing Bell: A Wishy-Washy Trading Day (AAPL, YHOO, GILD, CYBS, V, VITC, GS) originally appeared on BloggingStocks on Wed, 21 Apr 2010 16:00:00 EST. Please see our terms for use of feeds.

• BorgWarner (NYSE: BWA) to give business update at 10am.
• Burger King (NYSE: BKC) to report Q1 earnings; conference call at 10am.

• Merrill Lynch to host conference call discussing Focus Media's (NASDAQ: FMCN) secondary offering at 11am.
• Yahoo (NASDAQ: YHOO) CEO Jerry Yang, Senior VP Michael Callahan & General Counsel to testify before the House Foreign Affairs Committee on how their company gave false information to Congress relating to their role in a human rights case in China which resulted in a journalist being sent to jail for 10 years.

• Symmetry Medical (NYSE: SMA) to give Q3 business update at 8am.
• Fluor (NYSE: FLR) to report Q3 earnings; conference call at 9:30am.
• Hot Topic (NASDAQ: HOTT) to report October sales at 4pm, American Eagle (NASDAQ: AEO) to report Oct. sales at 5pm.

• Disney (NYSE: DIS) to report Q4 earnings; conference call at 4:30pm.
• CyberSource (NASDAQ: CYBS) to give 2007 guidance at 4:30pm.
• Gap (NYSE: GPS) and Wal-Mart Stores (NYSE: WMT) to report Oct. sales at 8am, Abercrombie & Fitch (NYSE: ANF) to report Oct. sales at 8:15am.

• Halozyme Therapeutics (NASDAQ: HALO) to give business update at 11am.
• Goldcorp (NYSE: GG) to report Q3 earnings; conference call at 1pm.

Market highlights for next week: Yahoo CEO to testify before Congress originally appeared on BloggingStocks on Fri, 02 Nov 2007 15:00:00 EST. Please see our terms for use of feeds.

MOST NOTEWORTHY:

• JMP Securities upgraded shares of CyberSource (NASDAQ: CYBS) to Market Outperform from Market Perform citing valuation, positive management comments regarding BidPay, and incrementally positive industry checks on its fraud product.
  
• Brean Murray upgraded shares of Century Casinos (NASDAQ: CNTY) to Buy from Hold based on continued progress at recently opened properties, reduced Street expectations, and potential catalysts.
  
• Brean Murray also upgraded Spectrum Pharmaceuticals (NASDAQ: SPPI) to Buy from Hold. The firm is highly confident that Spectrum's ozarelix will demonstrate similar efficacy and safety in the current U.S. Phase IIb trial and expects statistical significant. The firm expects Ph III initiations by year-end 2007 and Ph IIb data to be released on 2Q08.
  
• Winnebago Industries (NYSE: WGO) was upgraded to Outperform from Sector Perform at RBC Capital. The firm expects Winnebago to begin to post better earnings from more favorable mix and pricing in the 2008 model year.

• Merrill Lynch upgraded Cardinal Health (NYSE: CAH) to Buy from Neutral.
  
• Goldman upgraded shares of US Airways (NYSE: LCC) to Buy from Neutral.
  
• Avocent Corporation (NASDAQ: AVCT) was upgraded to Accumulate from Source the Funds at Think Equities.
  
• Collins Stewart raised Cyberonics (NASDAQ: CYBX) to Buy from Market Perform.

Analyst upgrades: CYBS, CNTY, SPPI and WGO originally appeared on BloggingStocks on Tue, 09 Oct 2007 10:30:00 EST. Please see our terms for use of feeds.

MOST NOTEWORTHY:

• UBS upgraded US Airways (NYSE: LCC) to Neutral from Reduce based on valuation.

• Cigna Corp (NYSE: CI) was upgraded to Neutral from Sell at Banc of America to reflect the company's market share gains and share buybacks.

• Banc of America also raised Gentex Corp (NASDAQ: GNTX) to Buy from Neutral to reflect increased penetration of the company's new rear-camera display product.

• Deutsche Bank upgraded shares of China Life Insurance (NYSE: LFC) to Hold from Sell on valuation and the continued strong equity markets...

• Morgan Stanley raised DirecTV Group (NYSE: DTV) to Overweight from Equal Weight.

• Citigroup upgraded Sempra Energy (NYSE: SRE) to Buy from Hold.

• Acorda Therapeutics (NASDAQ: ACOR) was upgraded to Buy from Neutral at Banc of America.

• Merrill Lynch raised Citadel Broadcasting Corp's (NYSE: CDL) rating to Buy from Neutral.

• CyberSource Corp (NASDAQ: CYBS) was upgraded to Buy from Accumulate at ThinkEquity.

Analyst upgrades 6-19-07: CDL, CI, DTV, LCC and LFC originally appeared on BloggingStocks on Tue, 19 Jun 2007 10:56:00 EST. Please see our terms for use of feeds.

As we have all come to realize, the name of the game in online transactions is security. One of the better known referees of the game is headquartered in Mountain View, California.

CyberSource Corporation (NASDAQ:CYBS) provides electronic payment services to firms doing business in Web, call center and point-of-sale environments. Companies use its software to accept credit card payments, process electronic checks, verify personal information and screen for payment fraud. Over 18,000 businesses use CyberSource solutions, including half the companies in the Dow Jones Industrial Average.

The firm pleased the Street last week, when it reported Q4 EPS of nine cents and revenues of $20.9 million. Analysts had been looking for seven cents and $19.9 million. Management also guided Q1 EPS to four cents (seven cent consensus), Q1 revenues to $20.6 million ($20.17M consensus), FY07 EPS to 36-38 cents (34 cent consensus) and FY07 revenues to $90-$95 million ($89.69M consensus). Investors apparently forgave the light Q1 earnings outlook, because the news popped the share price out of an early January "cup" into the late January "handle" of a Cup & Handle formation. The price is now showing signs of completing the pattern with a bullish rise from the right-hand side of the "handle".

Brokers recommend the issue with three "strong buys", one "buy" and five "holds". Analysts see a 41 percent growth rate, through the next year. The CYBS Sales Growth rate (40.27%), EPS Growth rate (50.00%), Net Profit Margin (20.51%), Return on Assets (18.92%), Return on Investment (21.26%) and Return on Equity (21.26%) compare favorably with industry, sector and S&P 500 averages.

Institutional investors hold about 72 percent of the outstanding CYBS shares. Over the past fifty-two weeks, the stock has traded between $7.76 and $13.48. A stop-loss of $11.25 looks good here.

Larry Schutts is a contributing editor for Theflyonthewall.com and the Vice-President of Stockwinners.com.

CyberSource referees your Web payments originally appeared on BloggingStocks on Fri, 02 Feb 2007 11:40:00 EST. Please see our terms for use of feeds.