BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/http://www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[U.S. Futures Higher as Investors Await Key Payroll Data]]>http://www.bloggingstocks.com/2011/02/04/u-s-futures-higher-as-investors-await-key-payroll-data/http://www.bloggingstocks.com/2011/02/04/u-s-futures-higher-as-investors-await-key-payroll-data/http://www.bloggingstocks.com/2011/02/04/u-s-futures-higher-as-investors-await-key-payroll-data/#commentsFiled under: , , ,

U.S. stock futures are higher Friday morning, as investors await January's key non-farm payrolls figures. Futures on the Dow Jones Industrial Average gained 12 points to 12,021 and S&P 500 futures rose 1.40 points at 1,305. Nasdaq 100 futures gained 1.25 points to 2,323.

Positive sentiment ruled the European markets today. While STOXX Europe 600 Index has gained 0.30%, London's FTSE 100 Index moved up 0.38%.

Asian markets ended higher, with Japan's Nikkei Stock Average gaining 1.08% and Australia's S&P/ASX 200 rising 0.80%.

Continue reading U.S. Futures Higher as Investors Await Key Payroll Data

U.S. Futures Higher as Investors Await Key Payroll Data originally appeared on BloggingStocks on Fri, 04 Feb 2011 09:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>cegearningsfoTesoro upgradetsowyFri, 04 Feb 2011 09:00:00 EST<![CDATA[Analyst Calls: ALU, BIG, COST, DGW, DOW, FO, GE, HON, MGM, MYGN, MON ...]]>http://www.bloggingstocks.com/2010/10/13/analyst-upgrades-downgrades/http://www.bloggingstocks.com/2010/10/13/analyst-upgrades-downgrades/http://www.bloggingstocks.com/2010/10/13/analyst-upgrades-downgrades/#commentsFiled under: , , , , , , , , ,

Analyst Upgrades

  • Piper Jaffray upgraded Duoyuan Global Water (DGW) to neutral from underweight, citing the potential for positive fundamental news flow through the end of the year, and upped its price target to $16 from $9.
  • Jefferies upgraded Alcatel-Lucent (ALU) to buy from underperform, expecting a benefit from a significant ramp in EVDO software sales as mobile data growth accelerates.
  • Myriad Genetics (MYGN) was upgraded at RBC Capital to outperform from sector perform with a $23 price target based on valuation and potential to be acquired.
  • Goldman upgraded Mohawk (MHK) to neutral from sell with a $53 price target.
  • Smithfield Foods (SFD) was upgraded to outperform from market perform at BMO capital with a $21 target.
  • Priceline.com (PCLN) was upgraded to outperform from market perform at Morgan Keegan.

Continue reading Analyst Calls: ALU, BIG, COST, DGW, DOW, FO, GE, HON, MGM, MYGN, MON ...

Analyst Calls: ALU, BIG, COST, DGW, DOW, FO, GE, HON, MGM, MYGN, MON ... originally appeared on BloggingStocks on Wed, 13 Oct 2010 12:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>AAIAirTranAlcatel-LucentALUanalyst upgradesBIGBig LotsCOSTCostcoDGWDOWdowngradesFLIRFOGEGeneral ElectricHONHoneywellinitiationsinthenewsKOGMGMMHKMONMonsantoMYGNMyriad GeneticsPCLNPriceline.comSFDSmithfield FoodsWITWed, 13 Oct 2010 12:00:00 EST<![CDATA[Analyst Calls: ACLI, ADM, ANF, BLK, BP, COST, EMC, FO, NE, PEET, UNFI ...]]>http://www.bloggingstocks.com/2010/10/11/analyst-upgrades-downgrades/http://www.bloggingstocks.com/2010/10/11/analyst-upgrades-downgrades/http://www.bloggingstocks.com/2010/10/11/analyst-upgrades-downgrades/#commentsFiled under: , , , , , , ,

Analyst Upgrades

  • Deutsche Bank upgraded EMC (EMC) to buy from hold after channel checks indicated storage demand remains solid. The firm sees potential upside in 2011 from the company's new products and upped its target for shares to $25 from $20.
  • BB&T upgraded American Commercial (ACLI) to buy with a $50 target based on pricing leverage and cost reductions.
  • Argus upgraded Abercrombie (ANF) to buy with a $52 target based on accelerating comps.
  • PerkinElmer (PKI) was upgraded to equal weight from underweight at Barclays.
  • Valeant (VRX) was upgraded to market perform from underperform at Wells Fargo with a $26 to $28 valuation range.
  • Blackrock (BLK) was upgraded to buy from hold at Deutsche Bank.

Continue reading Analyst Calls: ACLI, ADM, ANF, BLK, BP, COST, EMC, FO, NE, PEET, UNFI ...

Analyst Calls: ACLI, ADM, ANF, BLK, BP, COST, EMC, FO, NE, PEET, UNFI ... originally appeared on BloggingStocks on Mon, 11 Oct 2010 11:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>AbercrombieACLIADManalyst upgradesANFBlackrockBLKBPCEVACOSTCostcodowngradesEMCFOFortune BrandsHealthSouthHLSHSinitiationsinthenewsMTWNEPEETPerkinElmerPKIUNFIVLCCFVRXMon, 11 Oct 2010 11:00:00 EST<![CDATA[Closing Bell: Dow Breaks 11,000 (BAC, AA, IMGN, MU, TSN, KLIC, FO, NDN)]]>http://www.bloggingstocks.com/2010/10/08/closing-bell-tgif-and-tg-dj11k-bac-aa-imgn-mu-tsn-klic-fo/http://www.bloggingstocks.com/2010/10/08/closing-bell-tgif-and-tg-dj11k-bac-aa-imgn-mu-tsn-klic-fo/http://www.bloggingstocks.com/2010/10/08/closing-bell-tgif-and-tg-dj11k-bac-aa-imgn-mu-tsn-klic-fo/#commentsFiled under: , , ,

Earnings season has kicked off and Wall Street has decided to ignore the bad jobs numbers from this morning in favor of quantitative easing coming from Ben Bernanke and friends at the Fed. Today we also finally broke 11,000 on the DJIA and are within about 3% of a year high now.

Here were today's closing bell levels:

Dow Jones 11,006.48 +57.90 (0.53%)
S&P 500 1,165.15 +7.09 (0.61%)
Nasdaq 2,401.91 +18.24 (0.77%)

TOP ANALYST CALLS

Continue reading Closing Bell: Dow Breaks 11,000 (BAC, AA, IMGN, MU, TSN, KLIC, FO, NDN)

Closing Bell: Dow Breaks 11,000 (BAC, AA, IMGN, MU, TSN, KLIC, FO, NDN) originally appeared on BloggingStocks on Fri, 08 Oct 2010 16:15:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>BACDow 11000FOIMGNKLICMUNDNTSNFri, 08 Oct 2010 16:15:00 EST<![CDATA[Analyst Calls: ARNA, ATLS, BJ, CTVI, FO, GRMN, IRET, NI, NS, SWN, VMI ...]]>http://www.bloggingstocks.com/2010/07/02/analyst-upgrades-downgrades/http://www.bloggingstocks.com/2010/07/02/analyst-upgrades-downgrades/http://www.bloggingstocks.com/2010/07/02/analyst-upgrades-downgrades/#commentsFiled under: , , ,

Analyst Upgrades

  • Goldman Sachs upgraded BJ's Wholesale (BJ) to neutral from sell and has a $43 target on the stock. Note that private equity firm Green Equity took a 9.5% stake in the company. Shares were also upgraded at Jefferies to buy from hold.
  • Stephens upgraded Covenant Transportation (CVTI) to overweight from equal weight after the company positively preannounced Q2 results. The firm raised its target for shares to $12 from $5.
  • Leerink upgraded Arena Pharmaceuticals (ARNA) to outperform from market perform after the company signed a partnership deal with Eisai for U.S. commercialization rights to lorcaserin. The firm believes the deal removes a major concern and upped its target for shares to $6 from $5.
  • Fortune Brands (FO) was upgraded to hold from sell at Citigroup.
  • KeyBanc upgraded NiSource (NI) to buy from hold.
  • Akzo Nobel (AKZOY) was upgraded to buy from neutral at UBS.

Continue reading Analyst Calls: ARNA, ATLS, BJ, CTVI, FO, GRMN, IRET, NI, NS, SWN, VMI ...

Analyst Calls: ARNA, ATLS, BJ, CTVI, FO, GRMN, IRET, NI, NS, SWN, VMI ... originally appeared on BloggingStocks on Fri, 02 Jul 2010 11:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>AKZOYanalyst upgradesARNAATLSBJCHSPCVTIdowngradesENOCFOGarminGRMNHBHCinitiationsinthenewsIRETLGCYNINSSWNVMIFri, 02 Jul 2010 11:30:00 EST<![CDATA[Cramer on BloggingStocks: Endless Caveats Don't Make You Any Money]]>http://www.bloggingstocks.com/2009/12/23/cramer-on-bloggingstocks-endless-caveats-dont-make-you-any-mon/http://www.bloggingstocks.com/2009/12/23/cramer-on-bloggingstocks-endless-caveats-dont-make-you-any-mon/http://www.bloggingstocks.com/2009/12/23/cramer-on-bloggingstocks-endless-caveats-dont-make-you-any-mon/#commentsFiled under: , , , , , , , , , , , , , ,

The Street.com's Jim Cramer says that he's making it his mission in 2010 to call out people in the media who provide no value.

Have you ever noticed that with every good housing report there are endless caveats:

1. Prices are still down year over year.

2. The home tax credit of $8,000 moved the house, and that will go away.

3. Home mortgages are artificially low because of the Fed.

4. Banks have more foreclosures on their balance sheets than before.

5. Foreclosures continue to occur.

6. Everything will slip back to imbalance when the credit goes away.

Continue reading Cramer on BloggingStocks: Endless Caveats Don't Make You Any Money

Cramer on BloggingStocks: Endless Caveats Don't Make You Any Money originally appeared on BloggingStocks on Wed, 23 Dec 2009 10:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>bacbbtfeaturedfogooghdintcjim cramerJimCramerkoleglowmopepshwstiunpusbwfcwhrWed, 23 Dec 2009 10:00:00 EST<![CDATA[Analyst Upgrades, Downgrades and Initiations: AMTD, AOL, CHTT, CSC, IMAX, SAIA, WRC ...]]>http://www.bloggingstocks.com/2009/12/22/analyst-upgrades-downgrades-and-initiations/http://www.bloggingstocks.com/2009/12/22/analyst-upgrades-downgrades-and-initiations/http://www.bloggingstocks.com/2009/12/22/analyst-upgrades-downgrades-and-initiations/#commentsFiled under: , ,

Analyst Upgrades

  • Keefe Bruyette upgraded TD AmeriTrade (AMTD) to outperform from market perform on valuation following the recent sell-off in shares. The firm has a $22.50 price target on the stock.
  • Stifel upgraded Saia (SAIA) to buy from hold based on valuation, operating leverage and increased possibility of a large industry consolidation event in the next few months. The firm has an $18 target on the stock.
  • Citigroup upgraded Atlas Pipeline Holdings (AHD) to hold from sell to reflect valuation and an improved outlook for commodity prices. The firm raised its target on shares to $6 from 50 cents.
  • Manpower (MAN) was upgraded to buy from neutral at BofA/Merrill.
  • IAMGOLD (IAG) was upgraded to buy from neutral at UBS.

Continue reading Analyst Upgrades, Downgrades and Initiations: AMTD, AOL, CHTT, CSC, IMAX, SAIA, WRC ...

Analyst Upgrades, Downgrades and Initiations: AMTD, AOL, CHTT, CSC, IMAX, SAIA, WRC ... originally appeared on BloggingStocks on Tue, 22 Dec 2009 11:20:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>AHDAMTDanalyst upgradesAOLATHRCHTTCPRTCSCdowngradesENOCFOGIGMIAGIMAXinitiationsinthenewsMANNRGPPVHSAIASNYWRCTue, 22 Dec 2009 11:20:00 EST<![CDATA[Analyst upgrades, downgrades and initiations: CMCSA, GAME, GRMN, ETN, FO, MDT, MSO ...]]>http://www.bloggingstocks.com/2009/11/05/analyst-upgrades-downgrades-and-initiations/http://www.bloggingstocks.com/2009/11/05/analyst-upgrades-downgrades-and-initiations/http://www.bloggingstocks.com/2009/11/05/analyst-upgrades-downgrades-and-initiations/#commentsFiled under: , , ,

Analyst upgrades:

  • Deutsche Bank upgraded Vale SA (NYSE: VALE) to Buy from Hold on expectations the company will benefit from higher realized prices. The firm raised its target on shares to $30 from $23.
  • Soleil upgraded Education Management (NASDAQ: EDMC) to Buy from Gradually Accumulate following the company's Q1 results and raised its target on shares to $34 from $32.
  • Credit Suisse upgraded Medtronic (NYSE: MDT) to Outperform from Neutral. The firm also added the stock to its Focus List and raised its target on shares to $49 from $41. Credit Suisse believes Medtronic's base business is stabilizing and the stock's risk/reward is compelling.
  • Medivation (NASDAQ: MDVN) was upgraded to Buy from Hold at Roth Capital.
  • Martha Stewart (NYSE: MSO) was upgraded to Buy from Hold at Morgan Joseph.
  • Dominion Resources (NYSE: D) was upgraded to Hold from Underperform at Jefferies.

Continue reading Analyst upgrades, downgrades and initiations: CMCSA, GAME, GRMN, ETN, FO, MDT, MSO ...

Analyst upgrades, downgrades and initiations: CMCSA, GAME, GRMN, ETN, FO, MDT, MSO ... originally appeared on BloggingStocks on Thu, 05 Nov 2009 11:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>ALVRanalyst upgradesAREXCMCSAComcastDdowngradesEDMCETNFOGAMEGarminGRMNinitiationsinthenewsMDTMDVNMSONVAXTAPTHQIVALEYMIThu, 05 Nov 2009 11:30:00 EST<![CDATA[Cramer on BloggingStocks: Housing stocks are key to this market ]]>http://www.bloggingstocks.com/2009/10/05/cramer-on-bloggingstocks-housing-stocks-are-key-to-this-market/http://www.bloggingstocks.com/2009/10/05/cramer-on-bloggingstocks-housing-stocks-are-key-to-this-market/http://www.bloggingstocks.com/2009/10/05/cramer-on-bloggingstocks-housing-stocks-are-key-to-this-market/#commentsFiled under: ,

TheStreet.com's Jim Cramer says stocks connected to the sector will take it on the chin if the housing index falls further.

A perusal of the charts this weekend shows something surprising: The weakest group out there has been the homebuilders for several weeks now. KB Home (NYSE: KBH) (Cramer's Take), D.R. Horton (NYSE: DHI) (Cramer's Take), Lennar (NYSE: LEN) (Cramer's Take), and Toll Brothers (NYSE: TOL) (Cramer's Take) have simply been a horror show. What's going on here? How can these stocks be so dangerous when mortgage rates have crashed through 5%, the level that every banker I talk to says mortgages jump off the table and refinancings rush to be done.

What's going on? This group's tracking more than just mortgage rates. It's tracking employment and news flow and both are terrible.

Continue reading Cramer on BloggingStocks: Housing stocks are key to this market

Cramer on BloggingStocks: Housing stocks are key to this market originally appeared on BloggingStocks on Mon, 05 Oct 2009 10:40:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>BDKcash for clunkersDHIDR HortonsemploymentfeaturedFOFordFortune BrandsHGXhomebuyershousingJim CramerKB HomeKBHLENLennarMASMascoNouriel RoubiniTOLToll BrothersMon, 05 Oct 2009 10:40:00 EST<![CDATA[Earnings highlights: Adobe, Best Buy, FedEx, Kroger, Monsanto, Oracle, Palm ...]]>http://www.bloggingstocks.com/2009/09/19/earnings-highlights-adobe-best-buy-fedex-kroger-monsanto-o/http://www.bloggingstocks.com/2009/09/19/earnings-highlights-adobe-best-buy-fedex-kroger-monsanto-o/http://www.bloggingstocks.com/2009/09/19/earnings-highlights-adobe-best-buy-fedex-kroger-monsanto-o/#commentsFiled under: , , , , , , ,

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

Continue reading Earnings highlights: Adobe, Best Buy, FedEx, Kroger, Monsanto, Oracle, Palm ...

Earnings highlights: Adobe, Best Buy, FedEx, Kroger, Monsanto, Oracle, Palm ... originally appeared on BloggingStocks on Sat, 19 Sep 2009 14:10:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>ADBEAdobeBBYBest BuyCBRLCracker BarrelDBRNDFSDiscoverDress BarnearningsFDXFedExFirst SolarFOFortune BrandsFSLRKRKrogerMicrosoftMONMonsantoMSFTOracleORCLPALMSat, 19 Sep 2009 14:10:00 EST<![CDATA[Cramer on BloggingStocks: Missing the big picture ]]>http://www.bloggingstocks.com/2009/09/17/cramer-on-bloggingstocks-missing-the-big-picture/http://www.bloggingstocks.com/2009/09/17/cramer-on-bloggingstocks-missing-the-big-picture/http://www.bloggingstocks.com/2009/09/17/cramer-on-bloggingstocks-missing-the-big-picture/#commentsFiled under: , , , , , , , , ,

TheStreet.com's Jim Cramer says don't heed the pundits -- allow yourself to believe things are improving.

Skeptical, or impossible? That's how I am posing the dilemma of the "pull through" argument whether it involves Ford (NYSE: F) (Cramer's Take) and "Cash for Clunkers" or Hovnanian (NYSE: HOV) (Cramer's Take), Lennar (NYSE: LEN) (Cramer's Take), Toll (NYSE: TOL) (Cramer's Take), KB Home (NYSE: KBH) and Pulte (NYSE: PHM) (Cramer's Take) and the $8,000 tax credit.

Right now any time there is a stimulus program of any sort, the pundits/media/money managers all decide the most important single issue isn't what it will do to the numbers, or whether it will work at all, but what will it do to the "pull through." How much of future sales will it "steal"?

Continue reading Cramer on BloggingStocks: Missing the big picture

Cramer on BloggingStocks: Missing the big picture originally appeared on BloggingStocks on Thu, 17 Sep 2009 09:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>anbdkffeaturedfohdhovjim cramerJimCramerkbhlenphmtolThu, 17 Sep 2009 09:00:00 EST<![CDATA[Analyst upgrades, downgrades and initiations: ADBE, GIS, MAR, S, TTWO, VZ ...]]>http://www.bloggingstocks.com/2009/09/16/analyst-upgrades-downgrades-and-initiations/http://www.bloggingstocks.com/2009/09/16/analyst-upgrades-downgrades-and-initiations/http://www.bloggingstocks.com/2009/09/16/analyst-upgrades-downgrades-and-initiations/#commentsFiled under: , , , , ,

Analyst upgrades:

  • Deutsche Bank upgraded Garmin (NASDAQ: GRMN) to Hold from Sell as it believes the company's second half of 2009 is tracking better than expected due to retailer restocking. Deutsche raised its target on shares to $33 from $15 but thinks Garmin's long-term trends remain unfavorable.
  • Goldman upgraded Fortune Brands (NYSE: FO) to Buy from Neutral citing potential EPS improvement driven by the Home division. Fortune Brands price target to $49 from $45. Note that the firm downgraded General Mills to Neutral from Buy.
  • Oppenheimer upgraded FPIC Insurance (NASDAQ: FPIC) to Outperform from Perform to reflect the company's acquisition of Advocate MD and management's commitment to share repurchases. The firm set a $49 price target on the stock.
  • PPG Industries (NYSE: PPG) and Olin Corp. (NYSE: OLN) were upgraded to Neutral from Sell at UBS.
  • Synovus (NYSE: SNV) was upgraded to Neutral from Underperform at BofA/Merrill.
  • Take-Two (NASDAQ: TTWO) was upgraded to Overweight from Neutral at Piper Jaffray.

Continue reading Analyst upgrades, downgrades and initiations: ADBE, GIS, MAR, S, TTWO, VZ ...

Analyst upgrades, downgrades and initiations: ADBE, GIS, MAR, S, TTWO, VZ ... originally appeared on BloggingStocks on Wed, 16 Sep 2009 10:40:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>ADBEAdobeanalyst upgradesARDdowngradesEMSFOFPICGeneral MillsGISGRMNHOTHSTinitiationsLHOMARMarriottMSOOLNOMTRPPGPPSSHOSNVSprint NextelTTWOVerizonVZWLPZUMZWed, 16 Sep 2009 10:40:00 EST<![CDATA[Short City: McDonald's, Fortune Brands]]>http://www.bloggingstocks.com/2009/06/26/short-city-mcdonalds-fortune-brands/http://www.bloggingstocks.com/2009/06/26/short-city-mcdonalds-fortune-brands/http://www.bloggingstocks.com/2009/06/26/short-city-mcdonalds-fortune-brands/#commentsFiled under: , ,

Investor and trader Mishko Janusevich had a mantra that he used to repeat while outlining the top, new stock shorts that appeared that day, as determined by technical indicators.

He would stand next to the overhead projected stock chart at the front of the trading room, point to the stock chart and recite, "You see this stock? You see that it's dropped $8 in past two days? You think it can't drop any more? SELL THAT STOCK it's dropping more!!"

Short these shares if you can tolerate high-risk and are an experienced investor that does not remove Buy/Stop Losses:

Continue reading Short City: McDonald's, Fortune Brands

Short City: McDonald's, Fortune Brands originally appeared on BloggingStocks on Fri, 26 Jun 2009 15:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>fointhenewsmcdshortsFri, 26 Jun 2009 15:30:00 EST<![CDATA[Cramer on BloggingStocks: Exit Fortune Brands ]]>http://www.bloggingstocks.com/2009/02/12/cramer-on-bloggingstocks-exit-fortune-brands/http://www.bloggingstocks.com/2009/02/12/cramer-on-bloggingstocks-exit-fortune-brands/http://www.bloggingstocks.com/2009/02/12/cramer-on-bloggingstocks-exit-fortune-brands/#commentsFiled under: , , , , ,

TheStreet.com's Jim Cramer says horrible outlooks from competitors Diageo and Masco make FO a stock to sell in this market.

What do you do if Johnnie Walker's slowing and Merillat cabinets aren't moving? I think you sell Fortune Brands (NYSE: FO) (Cramer's Take).

Both Diageo (NYSE: DEO) (Cramer's Take), the liquor king, and Masco (NYSE: MAS) (Cramer's Take), the cabinet and plumbing king, reported earnings. While Diageo didn't deliver terrible numbers and boosted its already bountiful dividend, its outlook was horrible.

Masco all around was just plain horrible. Huge quarterly dividend cut to 7.5 cents from 23.5 cents, miserable outlook and a sense that things are spiraling as housing starts get slashed to ribbons.

Continue reading Cramer on BloggingStocks: Exit Fortune Brands

Cramer on BloggingStocks: Exit Fortune Brands originally appeared on BloggingStocks on Thu, 12 Feb 2009 10:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>deoffeaturedfojim cramerJimCramermasmgmThu, 12 Feb 2009 10:00:00 EST<![CDATA[Cramer on BloggingStocks: Just being upbeat isn't good enough ]]>http://www.bloggingstocks.com/2009/02/05/cramer-on-bloggingstocks-just-being-upbeat-isnt-good-enough/http://www.bloggingstocks.com/2009/02/05/cramer-on-bloggingstocks-just-being-upbeat-isnt-good-enough/http://www.bloggingstocks.com/2009/02/05/cramer-on-bloggingstocks-just-being-upbeat-isnt-good-enough/#commentsFiled under: , ,

TheStreet.com's Jim Cramer says these companies believed they could ride out the storm, but that wasn't the reality.

Have I been had? That's how I feel recently about two interviews I conducted on "Mad Money," one with Bruce Carbonari of Fortune Brands (NYSE: FO) (Cramer's Take) and the other with Rick Goings from Tupperware (NYSE: TUP) (Cramer's Take).

Let me say from the outset that these two companies and these two CEOs have been gracious enough to come on my show to talk about their businesses and their prospects and how they would survive in tough times.

Both have what I call accidentally high yields. Both are upbeat people and like to see the good in their businesses. They are not "downbeat" -- perhaps even when they should be.

Continue reading Cramer on BloggingStocks: Just being upbeat isn't good enough

Cramer on BloggingStocks: Just being upbeat isn't good enough originally appeared on BloggingStocks on Thu, 05 Feb 2009 09:45:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>featuredfofortune brandsFortuneBrandsjim cramerJimCramertuptupperwareThu, 05 Feb 2009 09:45:00 EST<![CDATA[Fortune Brands sees golf sales slump]]>http://www.bloggingstocks.com/2009/01/29/fortune-brands-sees-golf-sales-slump/http://www.bloggingstocks.com/2009/01/29/fortune-brands-sees-golf-sales-slump/http://www.bloggingstocks.com/2009/01/29/fortune-brands-sees-golf-sales-slump/#commentsFiled under: , ,

Let's play a game of Do You Know? Do You Know that the same company that produces Jim Beam, DeKuyper, and Canadian Club also produces Moen Faucets and Master Lock? Do You Know that the aforementioned company also houses an expansive golf department, boasting Titleist, FootJoy, Cobra, Pinnacle, and Scotty Cameron? All of these products can be found under one company's roof: Fortune Brands, Inc. (NYSE: FO).

You may not think that spirits, faucets, and golf have much to do with each other - but if you ever saw me play, you would understand my golf ball's affinity for water and the need to drink heavily to make it seem like I have any business on the course.

Continue reading Fortune Brands sees golf sales slump

Fortune Brands sees golf sales slump originally appeared on BloggingStocks on Thu, 29 Jan 2009 17:05:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>Acushnet CompanyAcushnetCompanybruce carbonariBruceCarbonariFOfortunegolftitleistThu, 29 Jan 2009 17:05:00 EST<![CDATA[Before the bell: CROX, JNPR, CCU, FO, MSFT, DAL, GOOG, WB, WM, LEH ...]]>http://www.bloggingstocks.com/2008/07/25/before-the-bell-crox-jnpr-ccu-fo-msft-dal-goog-wb-wm-l/http://www.bloggingstocks.com/2008/07/25/before-the-bell-crox-jnpr-ccu-fo-msft-dal-goog-wb-wm-l/http://www.bloggingstocks.com/2008/07/25/before-the-bell-crox-jnpr-ccu-fo-msft-dal-goog-wb-wm-l/#commentsFiled under: , , , , , , , , , , , , , , , , , , , , , , ,

U.S. stock futures were lower Friday morning, a day after a selloff triggered by housing data. Today investors are bracing for more housing data at 10:00 a.m. EDT after already hearing that foreclosures soared 121% during the second quarter. Other point of interest will be durable goods data reported an hour before the opening bell. Meanwhile, oil continued the steady climb that started Thursday as the dollar weakens, trading above $126 a barrel. It's Friday, and no many earnings reports are due.

While there aren't many earnings reports today, there are a few including Fortune Brands (NYSE: FO), Netflix (NASDAQ: NFLX) and Black & Decker (NYSE: BDK) among others.

Crocs (NASDAQ: CROX) shares are tanking over 44% to $5 after after it cut its earnings outlook significantly on softer demand for its plastic shoes. With all those knockoffs around, is it any wonder? Robert W. Baird downgraded Crocs from Outperform to Neutral, slashing the target price from $21 to $5.

Meanwhile, Juniper Networks (NASDAQ: JNPR) surged 12% in premarket trading after the company not only beat estimates when reporting quarterly results Thursday, but also increased its sales forecast for the third-quarter much higher than analyst estimates. Friedman Billings and Citigroup both upgraded Juniper to Outperform and Buy respectively.

In deal news, Clear Channel Communications (NYSE: CCU) shareholders on Thursday approved a $17.9 billion takeover by private equity funds Thomas H. Lee Partners and Bain Capital. This ends the 20-month long effort.

Continue reading Before the bell: CROX, JNPR, CCU, FO, MSFT, DAL, GOOG, WB, WM, LEH ...

Before the bell: CROX, JNPR, CCU, FO, MSFT, DAL, GOOG, WB, WM, LEH ... originally appeared on BloggingStocks on Fri, 25 Jul 2008 08:13:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>bdkccucmgcroxdalfogooginthenewsjnprlehmermsmsftnflxwbwmyhooFri, 25 Jul 2008 08:13:00 EST<![CDATA[Earnings highlights: BP, Discover, Corel, Citigroup, WD-40, MSCI and others]]>http://www.bloggingstocks.com/2008/07/05/earnings-highlights-bp-discover-corel-citigroup-wd-40-msci/http://www.bloggingstocks.com/2008/07/05/earnings-highlights-bp-discover-corel-citigroup-wd-40-msci/http://www.bloggingstocks.com/2008/07/05/earnings-highlights-bp-discover-corel-citigroup-wd-40-msci/#commentsFiled under: , , , , , , ,

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

More highlights from this past week: Apollo Group, Family Dollar, Kroger, Deutsche Bank and others

Also, while Jim Cramer ponders what will signal the bottom, many investors will be looking at next week's earnings results for General Electric (NYSE: GE), the world's largest conglomerate, as a sign of the direction of the global market. And BusinessWeek reminds us that cheap stocks -- even with big names such as Ford Motor Co. (NYSE: F), Sprint Nextel Corp. (NYSE: S), and Northwest Airlines (NYSE: NWA) -- are no bargain if they have no earnings.

Upcoming results to watch for include Alcoa (NYSE: AA), Pepsi Bottling Group (NYSE: PBG), Marriott International (NYSE: MAR), and General Electric (NYSE: GE).

Visit AOL Money & Finance for more earnings coverage.

Earnings highlights: BP, Discover, Corel, Citigroup, WD-40, MSCI and others originally appeared on BloggingStocks on Sat, 05 Jul 2008 14:40:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>AAAlcoaANDEAndersonsBPCitigroupCorelCRELDFSDiscoverearningsearnings reportsFOFordFortune BrandsGEGeneral ElectricGoldfish CardISLEIsle of CapriJim CramerMARMarriottMorgan StanleyMSMSCIMXBNorthwest AirlinesNWAParexelPBGPepsi BottlingPlant Nutrient GroupPRXLSociete GeneraleSprintSprint NextelTaleoTexas IndustriesTLEOVector CapitalWD-40Sat, 05 Jul 2008 14:40:00 EST<![CDATA[Analyst downgrades: MNI, ANSS and FO]]>http://www.bloggingstocks.com/2008/07/01/analyst-downgrades-mni-anss-and-fo/http://www.bloggingstocks.com/2008/07/01/analyst-downgrades-mni-anss-and-fo/http://www.bloggingstocks.com/2008/07/01/analyst-downgrades-mni-anss-and-fo/#commentsFiled under: ,

MOST NOTEWORTHY: McClatchy News, Ansys and Fortune Brands were today's noteworthy downgrades:
  • Deutsche Bank downgraded shares of McClatchy (NYSE:MNI) to Sell from Hold after transferring analyst coverage as they believe leverage issues will continue to pressure the stock.
  • Jefferies downgraded shares of Ansys (NASDAQ:ANSS) to Hold from Buy on valuation and their belief that a slow U.S. manufacturing economy may be impacting sales cycles at the margin.
  • Fortune Brands (NYSE:FO) was lowered to Market Perform from OUtperform at Wachovia following its lowered 2008 outlook.
OTHER DOWNGRADES:

Analyst downgrades: MNI, ANSS and FO originally appeared on BloggingStocks on Tue, 01 Jul 2008 11:21:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>analyst downgradesAnalystDowngradesANSSARMBJSFOinthenewsNYXWFTMNITue, 01 Jul 2008 11:21:00 EST<![CDATA[Is Absolut worth $8.9 billion? Absolutely!]]>http://www.bloggingstocks.com/2008/03/31/is-absolut-worth-8-9-billion-absolutely/http://www.bloggingstocks.com/2008/03/31/is-absolut-worth-8-9-billion-absolutely/http://www.bloggingstocks.com/2008/03/31/is-absolut-worth-8-9-billion-absolutely/#commentsFiled under: ,

When the Swedish government put Vin & Spirit, parent company of Absolut Vodka, up for sale more than a year ago, industry experts estimated it would fetch over $4 billion.

Now, Pernod Ricard, a French liquor company, is buying the brand for $8.89 billion. Absolut is the third largest spirit brand in the world, and the sale attracted the interest of many of the industry's top players: Fortune Brands (NYSE: FO), Diageo and Bacardi.

What makes the high valuation afforded to Absolut so interesting is that Pernod Ricard is paying nearly $9 billion for a brand that only really came to prominence in its current form in the 1980s.

With its racy and provocative ads (like the one on this post), Absolut was one of the first mainstream brands to aggressively target the gay community. Back when the sale effort was first announced, I opined that targeting gay media outlets was a decision that paid off, as this large, and often affluent population group, now counts Absolut as its vodka of choice. Perhaps a company like Budweiser, which has been widely criticized for spending money on ads (such as the Super Bowl) that have done little for the brand, could learn something from Absolut's edgy marketing.

The M&A field is in a rough patch right now, struggling from a tough debt market and general economic malaise. But apparently, strategic buyers are still able to pay up for strong brands.

Is Absolut worth $8.9 billion? Absolutely! originally appeared on BloggingStocks on Mon, 31 Mar 2008 09:31:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>Absolutalcoholfofortune brandsFortuneBrandsinthenewspernod ricardPernodRicardvodkaMon, 31 Mar 2008 09:31:00 EST