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[Analyst downgrades: HBC, AZN, ELOS, TLB, BKUNA and FED]]>http://www.bloggingstocks.com/2007/10/19/analyst-downgrades-hbc-azn-elos-tlb-bkuna-and-fed/http://www.bloggingstocks.com/2007/10/19/analyst-downgrades-hbc-azn-elos-tlb-bkuna-and-fed/http://www.bloggingstocks.com/2007/10/19/analyst-downgrades-hbc-azn-elos-tlb-bkuna-and-fed/#commentsFiled under: ,

MOST NOTEWORTHY: HSBC Holdings, AstraZeneca, Syneron Medical, Talbots, BankUnited and First Fed Financial were today's noteworthy downgrades:
  • UBS downgraded shares of HSBC Holdings(NYSE: HBC) to Neutral from Buy on valuation, rising customer defaults and slower growth at the company's the U.S. consumer-finance unit.
  • UBS also downgraded AstraZeneca (NYSE: AZN) to Sell from Neutral, as they believe the company faces major risks from drug approvals, competition and lawsuits.
  • Merriman downgraded shares of Syneron Medical (NASDAQ: ELOS) to Neutral from Buy following the company's Q3 earnings preannouncement due to near-term margin erosion and growth drivers that remain four quarters away.
  • CIBC downgraded shares of Talbots (NYSE: TLB) to Sector Performer from Outperformer as they believe 2H07 expectations are too high given the current weakness in the Missy space.
  • Friedman Billings downgraded BankUnited (NASDAQ: BKUNA) to Market Perform from Outperform and FirstFed Financial (NYSE: FED) to Underperform from Market Perform based on credit trends that are eroding faster than anticipated.
OTHER DOWNGRADES:

Analyst downgrades: HBC, AZN, ELOS, TLB, BKUNA and FED originally appeared on BloggingStocks on Fri, 19 Oct 2007 10:45:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>analystastrazenecaaznbankunitedbkunabobjbusiness objectsBusinessObjectscabcabela'sdowngradeelosfedfirstfedhbchsbcjmpjmp groupJmpGroupsynerontalbotstlbFri, 19 Oct 2007 10:45:00 EST<![CDATA[JMP Group jumps into the IPO fray]]>http://www.bloggingstocks.com/2007/02/14/jmp-group-jumps-into-the-ipo-fray/http://www.bloggingstocks.com/2007/02/14/jmp-group-jumps-into-the-ipo-fray/http://www.bloggingstocks.com/2007/02/14/jmp-group-jumps-into-the-ipo-fray/#commentsFiled under: ,

With the boom in M&A and private equity, a myriad of investment banks have gone public.

Well, today, we got another IPO filing, this time from JMP Group Inc.

Headquartered in San Francisco, the firm has a big footprint in the world of tech deals. The founders came from one of the top tech outfits, Montgomery Securities, which sold out to Bank of America Corporation (NYSE: BAC).

Since its inception in 1999, JMP Group has lead or co-managed 119 IPOs, follow-ons and preferred offerings. The firm also advised on 59 M&A deals.

And growth has been strong. Over the past five years, revenues have surged from $13.4 million to $94.7 million.

The proposed ticker symbol is "JMP" and you can check out the IPO filing at the SEC web site.

Tom Taulli is the author of various books, including the Complete M&A Handbook and the EDGAR-Online Guide to Decoding Financial Statements.

JMP Group jumps into the IPO fray originally appeared on BloggingStocks on Wed, 14 Feb 2007 12:08:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>IPOJMP GroupJmpGroupWed, 14 Feb 2007 12:08:00 EST