Analyst Upgrades

• Oppenheimer upgraded Alexion (ALXN) to outperform from perform, citing the recent pullback in shares and expected momentum in the second half of 2010. The firm has a $62 price target for shares.
• FBR Capital upgraded Blue Coat Systems (BCSI) to outperform from market perform, citing positive channel checks and the recent pullback in shares. The firm maintains a $27 price target on the name.
• Needham upgraded Hologic (HOLX) to buy from hold after its mammography survey confirmed that an upgrade cycle for digital mammography is emerging. The firm has a $20 price target for shares.
• eBay (EBAY) was upgraded to neutral from sell at MKM Partners.
• Athenahealth (ATHN) was upgraded to buy from hold at Auriga.
• Las Vegas Sands (LVS) was upgraded to overweight from equal weight at Morgan Stanley.

Continue reading Analyst Calls: ALXN, BCSI, EBAY, GNA, HOLX, LVS, NVDA, PG ...

Analyst Calls: ALXN, BCSI, EBAY, GNA, HOLX, LVS, NVDA, PG ... originally appeared on BloggingStocks on Thu, 03 Jun 2010 11:40:00 EST. Please see our terms for use of feeds.

Continue reading Closing Bell: Successfully Dusting Off the Euro (F, DIVX, GAME, SNDA, AIG)

Closing Bell: Successfully Dusting Off the Euro (F, DIVX, GAME, SNDA, AIG) originally appeared on BloggingStocks on Wed, 02 Jun 2010 16:00:00 EST. Please see our terms for use of feeds.

Continue reading Sonic Solutions to Buy DivX for $323 Million

Sonic Solutions to Buy DivX for $323 Million originally appeared on BloggingStocks on Wed, 02 Jun 2010 15:00:00 EST. Please see our terms for use of feeds.

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

• Aetna Inc. (NYSE: AET) posted a large-than-expected earnings decline due to bad investments.
• AmeriCredit Corp.(NYSE: ACF) was downgraded despite topping Q1 expectations.
• BP (NYSE: BP) Q3 earnings and revenue soared due to surging energy prices.
• CBS Corp. (NYSE: CBS) Q3 results included some big charges and no free cash.
• Clorox Co. (NYSE: CLX) posted strong Q1 results that easily topped Wall Street expectations.
• Colgate-Palmolive Co. (NYSE: CL) posted better-than-expected Q3 profits lifted by price increases.
• DivX Inc. (NASDAQ: DIVX) topped earnings expectations and offered revised guidance.
• Electronic Arts Inc. (NASDAQ: ERTS) narrowed its net loss in Q2 and matched expectations.
• First Solar Inc. (NASDAQ: FSLR) Q3 revenue more than doubled, results easily topping estimates.
• Hartford Financial Services Group Inc. (NYSE: HIG) posted its first quarterly loss in five years.
• Humana Inc. (NYSE: HUM) topped Q3 earnings estimates and offered full-year guidance.
• Kraft Foods Inc. (NYSE: KFT) solid Q3 results were helped by higher prices and offered neutral guidance.
• McAfee Inc. (NYSE: MFE) reported that it topped earnings estimates, sending shares higher.
• Nintendo Co. (OTC: NTDOY) posted solid results driven by popularity of the Wii and DS systems.
• Procter & Gamble Co. (NYSE: PG) topped Q1 expectations but lowered its full-year forecast.
• Sony Corp. (NYSE: SNE) Q3 earnings tumbled on the recession and exchange rate issues.
• Symantec Corp. (NASDAQ: SYMC) earnings were affected a loss of market share and currency issues.
• U.S. Steel Corp. (NYSE: X) reported the most profitable quarter in its history and beat estimates.
• Verizon Communications Inc. (NYSE: VZ) Q3 earnings matched expectations but shares rose.

Continue reading Earnings highlights: BP, CBS, Kraft, Sony, Verizon, Colgate, Nintendo and others

Earnings highlights: BP, CBS, Kraft, Sony, Verizon, Colgate, Nintendo and others originally appeared on BloggingStocks on Sat, 01 Nov 2008 15:40:00 EST. Please see our terms for use of feeds.

Dow 9,325.01 +144.32 (1.57%)
S&P 500 968.75 +14.66 (1.54%)
Nasdaq 1,720.95 +22.43 (1.32%)
52-WEEK LOWS
Top Analyst Upgrades
Top Analyst Downgrades

Burlington Northern Santa Fe Corp. (NYSE: BNI) was after an SEC Filing noted that Warren Buffett's Berkshire Hathaway bought an additional 825,000 shares of common stock and now holds a beneficial ownership of 64,610,418 shares of common stock. Shares were up 2.7% at $88.93 right before the close today.

DivX Inc. (NASDAQ: DIVX) traded higher by over 6% after the online media player company beat its earnings expectations. The company also raised its fiscal non-GAAP earnings range to $0.58 to $0.60 from a prior range of $0.52 to $0.58, but lowered its revenue guidance because of product expansion and slower spending. Shares were up over 25% at $6.99 right before the close.

Continue reading Closing Bell: A great end to horrible October

Closing Bell: A great end to horrible October originally appeared on BloggingStocks on Fri, 31 Oct 2008 16:09:00 EST. Please see our terms for use of feeds.

Divx (NADSAQ:DIVX) is up15% on stronger-than-expected earnings.

Anadarko Petroleum (NYSE:APC) is up over 8% on good numbers.

DH Horton (NYSE:DHI) is down 6% due to a quarterly loss.

UBS (NYSE:UBS) is down over 2% after announcing lay-offs of 5,500 bankers.

Stocks may trade differently in the pre-market than they do in the regular session.

Douglas A. Mcntyre is an editor at 247wallst.com and author of the Ten Stocks Under $10 letter.

Pre-market movers (DHI) (UBS) originally appeared on BloggingStocks on Tue, 06 May 2008 07:55:00 EST. Please see our terms for use of feeds.

Thornburg Mortgage (NYSE:TMA) is is trading up over 40% on an analyst upgrade.

Dendreon (NASDAQ:DNDN) Trials with FDA being sped up. Share trading high by over 15%.

JA Solar (NASDAQ:JASO) is moving up almost 15% of good earnings.

Divx (NASDAQ:DIVX) is trading down over 20% on poor guidance.

Humana (NYSE:HUM) is off almost 15% on a downward revision in its forecast.

Stocks may trade differently in the pre-market than they do during the regular session.

Douglas A. McIntyre is an editor at 247wallst.com.

Pre-market movers (TMA) (HUM) (DNDN) originally appeared on BloggingStocks on Wed, 12 Mar 2008 07:58:00 EST. Please see our terms for use of feeds.

DivX, Inc. (Nasdaq: DIVX), which develops video applications, thought it could succeed in the topsy-turvey web business. So, in late 2006, the company launched Stage6.com.

Well, for the most part, it's not as easy as it looks and now DivX is closing down the site. Interestingly enough, DivX wasn't able to find a buyer for the property.

What happened? Well, I had a chance to interview Chase Norlin, who operates Pixsy (an online search engine). According to him:

"Stage6 likely needed a sugar-daddy to support operations going forward (e.g. acquirer with resources or large capital raise). Given the popularity of the service and the high quality of their streams, they probably had a significant bandwidth bill without the monetization to support that in the short term. Additionally, legal issues around copyrighted material may have added to the decision."

Continue reading Curtains for Stage6 - and more trouble for online video?

Curtains for Stage6 - and more trouble for online video? originally appeared on BloggingStocks on Wed, 27 Feb 2008 03:50:00 EST. Please see our terms for use of feeds.

Momenta Pharma (NASDAQ: MNTA) is off over 50% on news that the FDA rejected its generic blood thinner. And shares of content delivery company Limelight Networks (NASDAQ: LLNW) are down 9% on weak guidance for the fourth quarter.

Douglas A. McIntyre is an editor at 247wallst.com.

Big stock movers before the open, DIVX up 17%, Momenta off 50% originally appeared on BloggingStocks on Tue, 06 Nov 2007 08:27:00 EST. Please see our terms for use of feeds.

Yahoo! (YHOO) displaces Google (GOOG) with DivX deal originally appeared on BloggingStocks on Mon, 01 Oct 2007 17:01:00 EST. Please see our terms for use of feeds.

Continue reading WPP pays to play with VideoEgg

WPP pays to play with VideoEgg originally appeared on BloggingStocks on Thu, 26 Apr 2007 11:40:00 EST. Please see our terms for use of feeds.

MOST NOTEWORTHY:

• AG Edwards initiated Electronic Arts Inc (NASDAQ: ERTS), Activision, Inc (NASDAQ: ATVI), THQ Inc (NASDAQ: THQI) with Buy ratings and Take-Two Interactive Software (NASDAQ: TTWO), Midway Games Inc (NYSE: MWY) and GameStop Corp (NYSE: GME) with Hold ratings. The firm believes the video game industry is well-positioned for above-average L-T growth based on positive demographic trends. In addition, AG Edwards expects overall U.S. video game industry retail dollar sales to grow by 39% in 2007.

• Elsewhere, Wachovia initiated CVS Corp (NYSE: CVS) with an Outperform rating. The firm believes CVS is well-positioned to take advantage of the fundamentals in the PBM business and find cost synergies from the merger.

• Thomas Weisel initiated both J.C. Penney (NYSE: JCP) and Federated Department Stores (NYSE: FD) with market Weight ratings. The firm believes JCP will have more modest margin expansion going forward and believes high expectations and valuation for FD will limit its outperformance in the near-term.

• ThinkEquity started DivX, Inc (NASDAQ: DIVX) with a Buy rating and $26 target.

• RBC initiated Trident Microsystems, Inc (NASDAQ: TRID) with a Sector Perform rating.

• UBS initiated Teva Pharmaceutical Industries Ltd (NASDAQ: TEVA) with a Buy rating.

• Pacific Growth started American Superconductor Corp (NASDAQ: AMSC) with a Neutral rating.

• Susquehanna started Quality Systems, Inc (NASDAQ: QSII) with a Positive rating.

Analyst initiations 3-23-07: CVS Corp, JC Penney, Federated Dept initiated today originally appeared on BloggingStocks on Fri, 23 Mar 2007 11:22:00 EST. Please see our terms for use of feeds.

MOST NOTEWORTHY:

• Citigroup upgraded shares of Norfolk Southern (NYSE: NSC) on valuation as they believe the recent weakness has brought shares to an attractive level.

• Merrill Lynch upgraded shares of Abercrombie & Fitch Co 'A' (NYSE: ANF), as the firm does not believe the stock's current valuation reflects the company's growth opportunities; additionally, the firm sees significant growth opportunities at the Hollister brand and expects free cash flow growth in 2007.

• Goldman Sachs upgraded Wellpoint Inc (NYSE: WLP) to Buy from Neutral, believing the company is better positioned in comparison to their peers to weather increasing price competition.

• Matrix USA upgraded TETRA Technologies (NYSE: TTI) to Buy from Hold, as Tetra continues to invest in expanding its well abandonment and decommissioning services in order to meet growing long-term demand forecasts, and its fluid division continues to benefit from higher bromine selling prices.

• JP Morgan added Outperform rated DivX Inc (NASDAQ: DIVX) to their Focus List.

• UBS upgraded Ingersoll-Rand (NYSE: IR) to Buy from Neutral.

Analyst upgrades 1-5-07: Abercrombie gets a boost originally appeared on BloggingStocks on Fri, 05 Jan 2007 12:01:00 EST. Please see our terms for use of feeds.

DivX makes video compression software that it licenses to DVD player companies that stream and download. Cramer noted the Google Inc. (NASDAQ:GOOG) relationship, as well as the company having great opportunities in Eastern Europe and in India because other video formats are too expensive to license.

As far as whether you should sell or hang on from here, Cramer said there are 4 buys and 1 hold from the Street. This stock is a lower-tier that might not get covered everywhere, and the IPO-lock-up doesn't come until March. Cramer thinks that may keep a lid on it until then and it could sell shares.

It is hard to gauge the real size of its market because it is a niche within a huge market and it competes with RealNetworks Inc. (NASDAQ:RNWK) and Microsoft Corp. (NASDAQ:MSFT). It trades at 17-times sales, so everything that was known back then is still known now, and he wouldn't keep hanging around in the stock. Cramer says to take profits here, and he would like it a lot cheaper than it is now.

DIVX closed up 2% at $27.69, and while it ticked up after Cramer was saying good things, it was down in after-hours after he said to avoid it.

Cramer revisits DivX, but not the way you would guess originally appeared on BloggingStocks on Thu, 21 Dec 2006 09:09:00 EST. Please see our terms for use of feeds.