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Posts with tag landstar

Market highlights for next week: Wal-Mart and Hewlett-Packard reporting

Monday, May 12
Tuesday, May 13
Wednesday, May 14
  • FCC Open Commission Meeting at 9:30am.
  • SEC Open Commission Meeting at 10:00am.
  • Macy's, Inc. (NYSE: M) to report Q1 earnings; conference call at 10:30am.
  • Agilent Technologies, Inc. (NYSE: A) to report Q2 earnings; conference call at 4:30pm.

Continue reading Market highlights for next week: Wal-Mart and Hewlett-Packard reporting

Market highlights for next week

Monday, March 3
Tuesday, March 4
  • PDUFA date for MGI Pharma's sNDA for Aloxi for Post-Operative Vomiting. Note that MGI was bought by Eisai Co., Ltd. (OTC: ESALY).
  • Staples, Inc. (NASDAQ: SPLS) to report Q4 earnings; conference call at 8:00am.

Continue reading Market highlights for next week

Analyst initiations: AKAM, BBBY, MFE and WSM

MOST NOTEWORTHY: VMware (VMW), Bed, Bath & Beyond (BBBY), Williams-Sonoma (WSM), Landstar System (LSTR) and Acadia Pharmaceuticals (ACAD) were the noteworthy initiations:
  • Robert W. Baird initiated coverage on VMware (NYSE: VMW) with a Neutral rating citing valuation.
  • Citigroup started Bed Bath & Beyond (NASDAQ: BBBY) with a Hold rating, and cited the increasing competitive environment, slowing square footage growth and the weak housing market.
  • Citigroup started Williams-Sonoma (NYSE: WSM) with a Sell rating and said the company has an inventory glut that could lead to markdown risk, there is raw material price inflation, and the weak housing market remains a material risk.
  • Wachovia is cautious on Landstar System's (NASDAQ: LSTR) near-term growth rates and difficult end markets, starting shares with a Market Perform rating.
  • Deutsche is positive on the potential of Acadia Pharmaceutical's (NASDAQ: ACAD) ACP-103 in schizophrenia, starting shares with a Buy rating...
OTHER INITIATIONS:
  • Raymond James initiated Akamai (NASDAQ: AKAM) with an Outperform and resumed coverage of McAfee (NYSE: MFE) with an Outperform rating.
Analyst summaries provided by TheFlyOnTheWall.com (subscription required).

Market highlights for next week: Same Store Sales numbers due out

Monday March 5
  • Landstar Systems Inc (NASDAQ: LSTR) to hold Q1 mid-quarter update conference call at 2pm.
  • Federal Reserve St Louis Bank President William Poole to speak at 11am, Federal Reserve Governor Kevin Warsh to speak at 2pm.
Tuesday March 6
  • International Game Technology (NYSE: IGT), a "global company specializing in the design, development, manufacturing, distribution and sales of computerized gaming machines and systems products," to hold its annual shareholder meeting at 1pm.
Wednesday March 7
  • Saks Inc (NYSE: SKS) to hold Q4 earnings conference call at 10am.
  • PDUFA date for Abbott Laboratories (NYSE: ABT) Humira, a Tumor Necrosis Factor blocker, which is used to reduce the signs and symptoms of arthritis.
  • PDUFA date for Merck and Co Incs (NYSE: MRK) Janumet, a treatment for Type 2 Diabetes.
Thursday March 8
  • Monthly Same Store Sales to be reported by Wal-Mart Stores (NYSE: WMT), Target Corporation (NYSE: TGT), Aeropostale Inc (NYSE: ARO), Kohl's Corporation (NYSE: KSS), Pacific Sunwear of California Inc (NASDAQ: PSUN), Abercrombie & Fitch Co (NYSE: ANF), Gap Inc (NYSE: GPS) Nordstrom Inc (NYSE: JWN) and J.C. Penney Co Inc (NYSE: JCP).
Friday March 9
  • PDUFA date for Eli Lilly and Company's (NYSE: LLY) Cymbalta, a treatment for depression.

Symbol Lookup
IndexesChangePrice
DJIA+73.0311,288.54
NASDAQ-6.082,245.38
S&P 500+1.381,262.90

Last updated: July 06, 2008: 06:42 PM

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