Billionaire investor Carl Icahn spent months trying to buy Dynegy (DYN), but the transaction fell apart. There are always more deals though, right? Well, Icahn is now making a bid for Mentor Graphics (MENT).

He is proposing $1.73 billion for the company or $17 per share. In fact, Icahn already has a 14.7% stake. And as should be no surprise, the shares of Mentor are up about 11%.

Continue reading Carl Icahn Makes a Play for Mentor Graphics

Carl Icahn Makes a Play for Mentor Graphics originally appeared on BloggingStocks on Tue, 22 Feb 2011 11:30:00 EST. Please see our terms for use of feeds.

Analyst Upgrades

• Dynegy (DYN) was upgraded to buy from neutral at Pritchard.
• Itron (ITRI) was upgraded to neutral from underperform at Macquarie.
• Goldman upgraded Ameren (AEE) to sell from conviction sell.
• Signet Jewelers (SIG) was upgraded to buy from hold at Societe Generale.
• JPMorgan upgraded Synopsys (SNPS) to overweight from neutral.

Continue reading Analyst Calls: AGU, BODY, CPB, DYN, HRL, ITRI, POT, ROVI, SNDA, SWS ...

Analyst Calls: AGU, BODY, CPB, DYN, HRL, ITRI, POT, ROVI, SNDA, SWS ... originally appeared on BloggingStocks on Wed, 24 Nov 2010 11:45:00 EST. Please see our terms for use of feeds.

Continue reading Closing Bell: Geopolitics Trumps Holiday Joy (BRCD, JCG, HRBN, NFLX, DYN, BX, JACK)

Closing Bell: Geopolitics Trumps Holiday Joy (BRCD, JCG, HRBN, NFLX, DYN, BX, JACK) originally appeared on BloggingStocks on Tue, 23 Nov 2010 16:20:00 EST. Please see our terms for use of feeds.

Continue reading Closing Bell: Taking Back DJIA 11,000 (GPS, GERN, AVP, DYN, OIH, AAPL)

Closing Bell: Taking Back DJIA 11,000 (GPS, GERN, AVP, DYN, OIH, AAPL) originally appeared on BloggingStocks on Tue, 12 Oct 2010 16:00:00 EST. Please see our terms for use of feeds.

Analyst Upgrades

• Piper Jaffray upgraded Edwards Lifesciences (EW) to overweight from neutral and raised its target price for shares to $77 from $53 after The New England Journal of Medicine reported the company's PARTNER Trial met primary endpoints.
• UBS upgraded Endo Pharmaceuticals (ENDP) to buy from neutral and raised its price target to $36 from $25. UBS is positive on Endo's creative strategic deals and believes the switch to Opana TRF from Opana ER will be easy. Additionally, the analyst believes pipeline expectations are very low.
• BMO Capital upgraded Nvidia (NVDA) to outperform from market perform based on expectations that share loss in the core GPU business will stop, Tegra momentum and valuation. The firm raised its price target to $16 from $9.
• FirstEnergy (FE) and Allegheny Energy (AYE) were upgraded to outperform from neutral at Credit Suisse.
• Mylan (MYL) was upgraded to conviction buy from buy at Goldman. Warner
• Chilcott (WCRX) was upgraded to overweight from equal weight at Morgan Stanley.

Continue reading Analyst Calls: CALM, CWT, DD, DYN, ENDP, EW, MO, MOS, NVDA, OXPS, PPL ...

Analyst Calls: CALM, CWT, DD, DYN, ENDP, EW, MO, MOS, NVDA, OXPS, PPL ... originally appeared on BloggingStocks on Thu, 23 Sep 2010 11:50:00 EST. Please see our terms for use of feeds.

Continue reading Closing Bell: Another Down To The Wire Day (PAR, DELL, DYN, STRA, APOL)

Closing Bell: Another Down To The Wire Day (PAR, DELL, DYN, STRA, APOL) originally appeared on BloggingStocks on Mon, 16 Aug 2010 16:00:00 EST. Please see our terms for use of feeds.

Analyst Upgrades

• Deutsche Bank upgraded Smurfit-Stone (SSCC) to buy from hold after raising its estimates for containerboard names and upped its target for shares to $28 from $22. The firm also raised its price target for International Paper (IP) to $38 from $32, for Packaging Corp. (PKG) to $33 from $28, for Temple-Inland (TIN) to $31 from $28, for Greif (GEF) to $67 from $65, and for Rock-Tenn (RKT) to $70 from $65. All stocks are buy rated.
• ThinkEquity upgraded VMware (VMW) to buy from hold and has a $90 price target on the stock. The firm expects VMware to benefit from increased virtual infrastructure adoption and improving vSphere solutions.
• Needham upgraded Cavium Networks (CAVM) to strong buy from buy, citing the recent pullback in shares following Cisco's (CSCO) cautious commentary. The firm has a $37 target on the stock.
• Intercontinental Exchange (ICE) was upgraded to outperform from neutral at Credit Suisse.
• MedAssets (MDAS) was upgraded to buy from hold at Auriga.
• Brookfield Properties (BPO) was upgraded to buy from hold at Citigroup.

Continue reading Analyst Calls: AMGN, CAVM, COCO, GENZ, GILD, ICE, PWRD, SSCC, VMW ...

Analyst Calls: AMGN, CAVM, COCO, GENZ, GILD, ICE, PWRD, SSCC, VMW ... originally appeared on BloggingStocks on Mon, 16 Aug 2010 11:30:00 EST. Please see our terms for use of feeds.

Analyst Upgrades

• Keefe Bruyette upgraded Jefferies (JEF) to outperform from market perform based on valuation and improved M&A advisory and underwriting prospects. The firm has a $30 target on the shares.
• JPMorgan upgraded Cosan (CZZ) to overweight from neutral based on valuation.The firm has a $10 target on shares.
• Deutsche Bank upgraded CTC Media (CTCM) to buy from hold, citing better-than-expected operational performance and the impact of recent ad law changes. The firm has a $17 target on shares.

Continue reading Analyst Upgrades, Downgrades and Initiations: CSTR, CTCM, CZZ, JEF, ONB, UNH ...

Analyst Upgrades, Downgrades and Initiations: CSTR, CTCM, CZZ, JEF, ONB, UNH ... originally appeared on BloggingStocks on Tue, 29 Dec 2009 11:00:00 EST. Please see our terms for use of feeds.

Analyst upgrades:

• Citigroup upgraded Brightpoint (NASDAQ: CELL) to Buy from Hold on expectations global handset units will trough in 2009, leading to a higher multiple for the stock. Citi raised its target on shares to $9 from $6.50.
• FBR Capital upgraded Rosetta Resources (NASDAQ: ROSE) to Outperform from Market Perform on valuation and believes drilling results in Q3 and Q4 should serve as near-term catalysts. The firm raised its target on shares to $15.
• Piper Jaffray upgraded Echelon (NASDAQ: ELON) to Neutral from Underweight following the company's contract announcement with Duke Energy (NYSE: DUK). The firm raised its target on shares to $10 from $6.
• Smith & Nephew (NYSE: SNN) was upgraded to Equal Weight from Underweight at Morgan Stanley.
• Schawk (NYSE: SGK) was upgraded to Neutral from Underperform at Baird.
• Alpha Natural (NYSE: ANR) was upgraded to Outperform from Market Perform at BMO Capital.

Continue reading Analyst upgrades, downgrades and initiations: AMGN, KR, ROSE, SWY, YUM ...

Analyst upgrades, downgrades and initiations: AMGN, KR, ROSE, SWY, YUM ... originally appeared on BloggingStocks on Tue, 11 Aug 2009 11:10:00 EST. Please see our terms for use of feeds.

Analyst upgrades:

• Citigroup upgraded Adtran (NASDAQ: ADTN) to Buy from Hold on expectations the company will benefit from the broadband Stimulus funds.
• Morgan Stanley upgraded Continental Airlines (NYSE: CAL) to Overweight from Equal Weight based on relative valuation and views the company as a "survivor." Additionally, the analyst lowered 2009 industry estimates but believes it is the last cut for the year and is incrementally more positive on the sector.
• Morgan Stanley also upgraded EXFO Electro-Optical (NASDAQ: EXFO) to Overweight from Market Weight based on valuation.
• Tata Motors (NYSE: TTM) was upgraded to Buy from Hold at Deutsche Bank.
• Ascent Solar (NASDAQ: ASTI) was upgraded to Neutral from Underweight at JP Morgan.
• Mechel Steel (NYSE: MTL) was upgraded to Neutral from Underperform at Credit Suisse.

Continue reading Analyst upgrades, downgrades and initiations: ADTN, CAL, EXFO, JCI, LUV, VAR, CSCO, KMT, EZCH

Analyst upgrades, downgrades and initiations: ADTN, CAL, EXFO, JCI, LUV, VAR, CSCO, KMT, EZCH originally appeared on BloggingStocks on Thu, 02 Jul 2009 09:50:00 EST. Please see our terms for use of feeds.

Continue reading Stocks to consider under $10 from CNBC

Stocks to consider under $10 from CNBC originally appeared on BloggingStocks on Thu, 19 Jun 2008 16:57:00 EST. Please see our terms for use of feeds.

MOST NOTEWORTHY:

• Banc of America upgraded shares of Schering-Plough (NYSE: SGP) to Buy from Neutral on valuation, as they believe current levels already reflect significant cuts to the company's cholesterol franchise from ENHANCE.
  
• JP Morgan upgraded shares of Emergency Medical Services (NYSE: EMS) to Overweight from Neutral following the company's Q4 results.
  
• Friedman Billings upgraded shares of SLM Corp. (NYSE: SLM) to Outperform from Market Perform and raised their target to $25 from $23 to reflect the company's strengthened capital position, diversified sources of income, and attractive valuation.

• JP Morgan added Molson Coors (NYSE: TAP) to its Focus List.
  
• Citigroup raised Dynegy (NYSE: DYN) to Buy from Hold.
  
• Societe Generale upgraded Credit Suisse (NYSE: CS) to Hold from Sell.

Analyst upgrades: Schering-Plough, Emergency Medical Services, SLM Corp. originally appeared on BloggingStocks on Wed, 13 Feb 2008 11:41:00 EST. Please see our terms for use of feeds.

MOST NOTEWORTHY:

• Infosys Technologies (NASDAQ: INFY) was initiated with a Buy rating and $54 target at Kaufman, as their checks indicate no signs of a slowdown in the Indian software services market. They believe the stock is getting no premium for its defensive nature.
  
• Kaufman also initiated Cognizant (NASDAQ: CTSH) with a Hold rating and $35 target and believes the company's less defensive revenue mix could cause its P/E multiple to trend below rivals.
  
• Ansys (NASDAQ: ANSS) was initiated with a Hold rating and $39 target at Jefferies. The firm recommends waiting for a better entry point given the peak operating margins, a more challenging macro backdrop and tougher comps.

• Wachovia initiated Invesco (NYSE: IVZ) with a Market Perform rating.
  
• Dynegy (NYSE: DYN) was assumed with a Buy rating and $9.50 target at Merrill.
  
• Navios Maritime (NYSE: NMM) was started with an Overweight rating at JP Morgan.

Analyst initiations: Infosys, Cognizant and Ansys originally appeared on BloggingStocks on Thu, 10 Jan 2008 11:47:00 EST. Please see our terms for use of feeds.

MOST NOTEWORTHY: Catalyst Pharm, Ruth's Chris Steak House and Dynegy were today's noteworthy initiations:

• Rodman & Renshaw is optimistic on Catalyst Pharmaceutical Partners' (NASDAQ: CPRX) Vigabatrin in drug addiction, initiating shares with a Market Outperform rating and $9 target.
• SunTrust started Ruth's Chris Steak House (NASDAQ: RUTH) with a Neutral rating and $13 target, citing the difficult spending environment and cautious sentiment.
• Jefferies initiated shares of Dynegy Inc. (NYSE: DYN) with a Buy rating and $9 target and expects improved cash flow and earnings from the projected improvement in market heat rates in the Midwest and PJM.

OTHER INITIATIONS:

• Bear Stearns resumed coverage of Siemens AG (NYSE: SI) with an Outperform rating.
• Wachovia initiated the pharmaceutical services sector with an Overweight rating and started Covance Inc. (NYSE: CVD), Icon plc (NASDAQ: ICLR) and Kendle International (NASDAQ: KNDL) with Outperform ratings.

Analyst initiations: CPRX, RUTH and DYN originally appeared on BloggingStocks on Wed, 28 Nov 2007 10:52:00 EST. Please see our terms for use of feeds.

Oil vs. natural gas originally appeared on BloggingStocks on Thu, 20 Sep 2007 11:39:00 EST. Please see our terms for use of feeds.

The Washington Post reports that pension fund managers representing $1 trillion have petitioned the Securities and Exchange Commission (SEC) to required public companies to disclose the impact of global warming on their business prospects. If the SEC agrees, the change could threaten investors in utility stocks -- which are among the biggest private sources of carbon dioxide emissions that cause global warming.

Here's a list of utility stocks which could be most affected:

• American Electric Power (NYSE: AEP). AEP produced 145.4 million tons of carbon dioxide in 2006. In Europe, where legislation already limits carbon dioxide emissions, allowances for a ton of carbon dioxide sell or 20.5 euros, or about $28.50. So if its 2006 carbon dioxide had been emitted in Europe, AEP would have had to pay over $4 billion.
• Dominion Resources (NYSE: D)
• Dynegy (NYSE: DYN)
• Xcel Energy (NYSE: XEL)

Coal producer, Peabody Energy Corp. (NYSE: BTU) could also be among those companies affected.

Continue reading Will SEC make utilities like American Electric Power (AEP) disclose climate risks?

Will SEC make utilities like American Electric Power (AEP) disclose climate risks? originally appeared on BloggingStocks on Tue, 18 Sep 2007 11:35:00 EST. Please see our terms for use of feeds.

Before the bell: Futures fall on funds' suspension originally appeared on BloggingStocks on Thu, 09 Aug 2007 07:30:00 EST. Please see our terms for use of feeds.

Power up on power generation stocks originally appeared on BloggingStocks on Tue, 07 Aug 2007 12:40:00 EST. Please see our terms for use of feeds.

Fear has returned -- part II originally appeared on BloggingStocks on Thu, 15 Mar 2007 10:08:00 EST. Please see our terms for use of feeds.