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[Is Philips Headed to $40 and Beyond?]]>http://www.bloggingstocks.com/2011/03/09/is-philips-headed-to-40-and-beyond/http://www.bloggingstocks.com/2011/03/09/is-philips-headed-to-40-and-beyond/http://www.bloggingstocks.com/2011/03/09/is-philips-headed-to-40-and-beyond/#commentsFiled under:

The shares of Amsterdam-based conglomerate and light bulb maker Koninklijke Philips Electronics (PHG), commonly known as Philips, first discussed here on June 2, 2009, at a price of $20.30, have retaken the $30-level to trade at/near $33, and if you haven't already, now may a be a good time to consider taking some profits, if you're in at/near $20.

However, those investors who can tolerate the risk can consider maintaining their full PHG position, to go for an even bigger gain.

Fundamentally, Philips remains attractive. Philips, one of the world's largest lighting/electronics and medical diagnostic equipment manufacturers, will benefit from the emerging market development wave, where sales are likely to increase at double digit rates in 2011 and 2012.

Continue reading Is Philips Headed to $40 and Beyond?

Is Philips Headed to $40 and Beyond? originally appeared on BloggingStocks on Wed, 09 Mar 2011 15:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>Koninklijke Philips ElectronicsPHGPhilipsWed, 09 Mar 2011 15:00:00 EST<![CDATA[U.S. Stock Futures Mixed as Investors Await Earnings Reports]]>http://www.bloggingstocks.com/2011/01/24/u-s-stock-futures-mixed-as-investors-await-earnings-reports/http://www.bloggingstocks.com/2011/01/24/u-s-stock-futures-mixed-as-investors-await-earnings-reports/http://www.bloggingstocks.com/2011/01/24/u-s-stock-futures-mixed-as-investors-await-earnings-reports/#commentsFiled under: , , , , , , , , ,

U.S. stock futures are mixed Monday morning, as investors await earnings reports from several major companies. Futures on the Dow Jones Industrial Average gained 3 points to 11,825.00, while S&P 500 futures lost 0.20 point to 1,279.50. Nasdaq 100 futures rose 0.50 point to 2,269.50.

U.S. stocks closed higher on Friday, with the blue-chip Dow index rising 49.04 points, or 0.41%. It advanced 0.7% last week.

No major economic data are due for release today.

Continue reading U.S. Stock Futures Mixed as Investors Await Earnings Reports

U.S. Stock Futures Mixed as Investors Await Earnings Reports originally appeared on BloggingStocks on Mon, 24 Jan 2011 08:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>american express earningsfeaturedphgpremarketrktRock TennRoyal Philips Electronics earningsSmurfit Stone Container CorpssccTexas InstrumentsMon, 24 Jan 2011 08:30:00 EST<![CDATA[Is Philips Undervalued?]]>http://www.bloggingstocks.com/2010/12/21/is-philips-undervalued/http://www.bloggingstocks.com/2010/12/21/is-philips-undervalued/http://www.bloggingstocks.com/2010/12/21/is-philips-undervalued/#commentsFiled under:

Philips (PHG) logoThe shares of Amsterdam-based conglomerate and light bulb maker Koninklijke Philips Electronics (PHG), commonly known as Philips, first discussed here on June 2, 2009, at a price of $20.30, unexpectedly continued to meander this autumn. Even so, just look on that sideways action as an opportunity to scoop-up shares of a premiere company.

Philips shares have dipped twice to about $26 in the past six months, but other than that they've straddled the $30-level -- hardly a bullish chart, from a technical standpoint, but still adequate to keep the trade in play.

Continue reading Is Philips Undervalued?

Is Philips Undervalued? originally appeared on BloggingStocks on Tue, 21 Dec 2010 14:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>Koninklijke Philips ElectronicsPHGTue, 21 Dec 2010 14:00:00 EST<![CDATA[Philips: Still a Bright Idea]]>http://www.bloggingstocks.com/2010/09/20/philips-still-a-bright-idea/http://www.bloggingstocks.com/2010/09/20/philips-still-a-bright-idea/http://www.bloggingstocks.com/2010/09/20/philips-still-a-bright-idea/#commentsFiled under:

The future is still bright for Amsterdam-based conglomerate and light bulb maker Koninklijke Philips Electronics, commonly known as Philips (PHG), first discussed here on June 2, 2009, at a price of $20.30.

Philips' stock has made it though a trying summer for the stock market in decent shape. Share's have traded in a roughly $30-35 range, with volatility, but appear to have put in a bottom at/near $30.

Continue reading Philips: Still a Bright Idea

Philips: Still a Bright Idea originally appeared on BloggingStocks on Mon, 20 Sep 2010 14:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>Koninklijke Philips ElectronicsPHGMon, 20 Sep 2010 14:30:00 EST<![CDATA[Philips: An Illuminating Operation]]>http://www.bloggingstocks.com/2010/05/14/philips-an-illuminating-operation/http://www.bloggingstocks.com/2010/05/14/philips-an-illuminating-operation/http://www.bloggingstocks.com/2010/05/14/philips-an-illuminating-operation/#commentsFiled under:

Koninklijke Philips Electronics, commonly known as Philips (PHG), first discussed here on June 2, 2009 at a price of $20.30, is a company with a bright future. (Pun intended.)

Look for Philips, one of the largest lighting/electronics and medical diagnostic equipment companies, to ride the emerging market development wave, where sales were up 8% in the fourth quarter of 2009.

Continue reading Philips: An Illuminating Operation

Philips: An Illuminating Operation originally appeared on BloggingStocks on Fri, 14 May 2010 14:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>phgFri, 14 May 2010 14:00:00 EST<![CDATA[Philips: A Bright Investment Idea]]>http://www.bloggingstocks.com/2010/02/19/philips-a-bright-investment-idea/http://www.bloggingstocks.com/2010/02/19/philips-a-bright-investment-idea/http://www.bloggingstocks.com/2010/02/19/philips-a-bright-investment-idea/#commentsFiled under:

Koninklijke Philips Electronics, commonly known as Philips (PHG), first written about here on June 2, 2009 at a price of $20.30, is a company I've liked for awhile, and there's still more upside ahead.

In its most recent quarter, Philips reported a widening of operating margins, along with impressive sales in China and India, whose markets did yeoman work bucking the recession's headwinds.

Continue reading Philips: A Bright Investment Idea

Philips: A Bright Investment Idea originally appeared on BloggingStocks on Fri, 19 Feb 2010 15:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>PHGPhilipsFri, 19 Feb 2010 15:00:00 EST<![CDATA[Philips: Back up the truck]]>http://www.bloggingstocks.com/2009/12/07/philips-back-up-the-truck/http://www.bloggingstocks.com/2009/12/07/philips-back-up-the-truck/http://www.bloggingstocks.com/2009/12/07/philips-back-up-the-truck/#commentsFiled under:

Koninklijke Philips Electronics (PHG), commonly known as Philips, is in the catbird seat regarding more-efficient lighting, which is a major reason why I'm reiterating my buy rating for the company, first recommended on June 2, 2009, at a price of $20.30. If you bought Philips in June, you're up an impressive 45%.

Philips is restructuring three business units to lower costs, but the key value-adders here are two businesses -- lighting and health care equipment -- both will benefit from substantial, favorable, global trends.

Continue reading Philips: Back up the truck

Philips: Back up the truck originally appeared on BloggingStocks on Mon, 07 Dec 2009 09:20:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>electronicsinthenewsPHGPhilipsMon, 07 Dec 2009 09:20:00 EST<![CDATA[Options Update: Philips Electronics volatility low ahead of annual meeting]]>http://www.bloggingstocks.com/2009/11/25/options-update-philips-electronics-volatility-low-shares-near/http://www.bloggingstocks.com/2009/11/25/options-update-philips-electronics-volatility-low-shares-near/http://www.bloggingstocks.com/2009/11/25/options-update-philips-electronics-volatility-low-shares-near/#commentsFiled under:

Philips Electronics (PHG) closed at $27.59, close to a 13-month high. Philips will be displaying its diagnostic imaging products at The Radiological Society of North America (RSNA) 2009 Annual Meeting on November 29. December option implied volatility is at 37, below a level of 73 from a year ago and below its 26-week average of 46, according to Track Data, suggesting decreasing price movement.

SPDR Gold Trust (GLD) overall implied volatility at 24; 26-week average is 24.

Siemens (SI) closed at $98.59. Siemens will be displaying its diagnostic imaging products at The Radiological Society of North America (RSNA) 2009 Annual Meeting on November 29. December option implied volatility of 37 is below a level of 70 from a year ago and below its 26-week average of 40, according to Track Data, suggesting decreasing price movement.

Option Update is provided by Stock Specialist Paul Foster of theflyonthewall.com.

Options Update: Philips Electronics volatility low ahead of annual meeting originally appeared on BloggingStocks on Wed, 25 Nov 2009 08:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>gldoption implied volatilityOptionImpliedVolatilityphgPhilips ElectronicsPhilipsElectronicssiSiemensWed, 25 Nov 2009 08:00:00 EST<![CDATA[Amazon in the lead, but Kindle competition is coming]]>http://www.bloggingstocks.com/2009/10/19/amazon-in-the-lead-but-kindle-competition-is-coming/http://www.bloggingstocks.com/2009/10/19/amazon-in-the-lead-but-kindle-competition-is-coming/http://www.bloggingstocks.com/2009/10/19/amazon-in-the-lead-but-kindle-competition-is-coming/#commentsFiled under: , ,

For retailers, the crucial season is on its way. Blow the Christmas rush, and next year starts off on a miserable foot. Success, of course, also delivers a healthy dose of momentum -- and a little bit of wiggle room, important in what will continue to be a tough economy through at least the first half of next year. For booksellers, now contending with a new variable in the form of digital readers, e-readers will play a major role in defining the winners and losers. So far, it looks like Amazon (NASDAQ: AMZN) is off to a great start, and it will take some genuine innovation for the competition to chip away at its market share.

Barnes & Noble (NYSE: BKS), once the leading names in literary retail, is expected to release its own e-reader this week. It will look a bit like Amazon's Kindle, according to Reuters, but with a touch screen intended to make the reader's experience easier. The price hasn't been disclosed yet, but rumor has it that it'll be higher than the Kindle's $259. BKS is staying mum on its plans in this space. There are others in the space, as well, including IREX Technologies, which is a spinoff of Royal Philips Electronics (NYSE: PHG), Asutek (tk: tk) and a project called FirstPaper that has Hearst behind it.

Continue reading Amazon in the lead, but Kindle competition is coming

Amazon in the lead, but Kindle competition is coming originally appeared on BloggingStocks on Mon, 19 Oct 2009 08:40:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>amazonamazon kindleamazon.comAmazonKindleamznbarnes and noblebarnes and noble incorporatedBarnesAndNobleBarnesAndNobleIncorporatedbksbooksellerschristmashearstholidayholiday shoppingholidaysHolidayShoppinginthenewskindlephgphilips electronicsPhilipsElectronicsrupert murdochRupertMurdochMon, 19 Oct 2009 08:40:00 EST<![CDATA[Analyst upgrades, downgrades and initiations: AMD, C, GAP, GS, MET, PSUN, USB ...]]>http://www.bloggingstocks.com/2009/10/13/analyst-upgrades-downgrades-and-initiations/http://www.bloggingstocks.com/2009/10/13/analyst-upgrades-downgrades-and-initiations/http://www.bloggingstocks.com/2009/10/13/analyst-upgrades-downgrades-and-initiations/#commentsFiled under: , , , ,

Analyst upgrades:

  • Credit Suisse upgraded Stancorp (NYSE: SFG) to Outperform from Neutral citing relative valuation and EPS visibility.
  • Jefferies upgraded Cypress Semiconductor (NYSE: CY) to Hold from Underperform after its channel checks indicated the company's capacitive touch screen solution has design traction. The firm raised its target on shares to $10 from $7.50.
  • FBR Capital upgraded Pacific Sunwear (NASDAQ: PSUN) to Outperform from Market Perform to reflect improving store channel checks, the company's brand focus and controlled inventory, as well as the firm's belief that guidance could be conservative. FBR raised its target on shares to $9 from $6.
  • Advanced Micro (NYSE: AMD) was upgraded to Market Perform from Underperform at JMP Securities.
  • Lam Research (NASDAQ: LRCX) was upgraded to Overweight from Equal Weight at Barclays.
  • Philips Electronics (NYSE: PHG) was upgraded to Buy from Hold at RBS.

Continue reading Analyst upgrades, downgrades and initiations: AMD, C, GAP, GS, MET, PSUN, USB ...

Analyst upgrades, downgrades and initiations: AMD, C, GAP, GS, MET, PSUN, USB ... originally appeared on BloggingStocks on Tue, 13 Oct 2009 11:10:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>AMDAMPanalyst upgradesCitigroupCRZOCYdowngradesFFIVFITBGAPGoldman SachsGWinitiationsinthenewsJOYGLRCXMETPHGPSUNQLGCSFGSVUSYNAUSBZIONTue, 13 Oct 2009 11:10:00 EST<![CDATA[Cramer on BloggingStocks: It's a mistake to fade 'em now ]]>http://www.bloggingstocks.com/2009/10/12/cramer-on-bloggingstocks-its-a-mistake-to-fade-em-now/http://www.bloggingstocks.com/2009/10/12/cramer-on-bloggingstocks-its-a-mistake-to-fade-em-now/http://www.bloggingstocks.com/2009/10/12/cramer-on-bloggingstocks-its-a-mistake-to-fade-em-now/#commentsFiled under: , , , , , , , , , , , , , ,

TheStreet.com's Jim Cramer says you take your life into your own hands if you fade the opening in today's market.

A year ago with the futures up, all you could think of is how much you wanted to "fade" that opening, how great it would be just to lay out any shorts into strength. You could choose pretty much anything going into earnings season.

The techs? Last good quarter. The banks? A travesty. You didn't even know if the banks you are short would survive. The oils? Free fall. The metals? Amazing downward pressure coming from hedge fund redemptions. The insurers? Will they make it? Retail? The balance sheets looked terrible going into what would be a terrible holiday selling season. The autos and auto-related? Disaster.

Continue reading Cramer on BloggingStocks: It's a mistake to fade 'em now

Cramer on BloggingStocks: It's a mistake to fade 'em now originally appeared on BloggingStocks on Mon, 12 Oct 2009 09:50:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>asmlbucyfeaturedjim cramerJimCramerjoygnvlsphgvaleMon, 12 Oct 2009 09:50:00 EST<![CDATA[Philips knows its light tech investments will pay off]]>http://www.bloggingstocks.com/2009/09/24/philips-knows-its-light-tech-investments-will-pay-off/http://www.bloggingstocks.com/2009/09/24/philips-knows-its-light-tech-investments-will-pay-off/http://www.bloggingstocks.com/2009/09/24/philips-knows-its-light-tech-investments-will-pay-off/#commentsFiled under:

I'm reiterating my Buy rating for Koninklijke Philips Electronics NV (NYSE: PHG), commonly known as Philips, first recommended on June 2, 2009 at a price of $20.30. If you purchased PHG then, you're up about 20%.

Amsterdam-based Philips missed the Street's revenue and earnings estimates in Q2, in what amounted to an essentially break-even quarter.

Continue reading Philips knows its light tech investments will pay off

Philips knows its light tech investments will pay off originally appeared on BloggingStocks on Thu, 24 Sep 2009 17:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>consumer electronicsConsumerElectronicsfluorescent bulbsFluorescentBulbshealth careHealthCareKoninklijke Philips ElectronicslightingPHGThu, 24 Sep 2009 17:30:00 EST<![CDATA[Cramer on BloggingStocks: Earnings surprises -- why should they matter? ]]>http://www.bloggingstocks.com/2009/07/13/cramer-on-bloggingstocks-earnings-surprises-why-should-they/http://www.bloggingstocks.com/2009/07/13/cramer-on-bloggingstocks-earnings-surprises-why-should-they/http://www.bloggingstocks.com/2009/07/13/cramer-on-bloggingstocks-earnings-surprises-why-should-they/#commentsFiled under: , , ,

TheStreet.com's Jim Cramer says an earnings surprise from Philips, like Alcoa last week, didn't do much to put markets in gear.

Upside surprise No. 2, Philips (NYSE: PHG) (Cramer's Take), doesn't seem to do anything more than upside surprise No. 1, Alcoa (NYSE: AA) (Cramer's Take). That's right, we got a quick run-up for Philips when it reported a nice profit, but no follow-through from the rest of the markets in Europe after this electronics company reported.

Why should there be, though? Philips might as well have said "this profit is a sham" from the commentary it put out --more firings, numbers down huge from last year, terrible outlook.

Continue reading Cramer on BloggingStocks: Earnings surprises -- why should they matter?

Cramer on BloggingStocks: Earnings surprises -- why should they matter? originally appeared on BloggingStocks on Mon, 13 Jul 2009 10:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>aaearningsfeaturedjim cramerJimCramernvlsphgMon, 13 Jul 2009 10:00:00 EST<![CDATA[Light technology plays: GE, Siemens, Philips]]>http://www.bloggingstocks.com/2009/06/02/light-technology-plays-ge-siemens-philips/http://www.bloggingstocks.com/2009/06/02/light-technology-plays-ge-siemens-philips/http://www.bloggingstocks.com/2009/06/02/light-technology-plays-ge-siemens-philips/#commentsFiled under: ,

Three light plays to brighten your day (pun intended) and your portfolio -- and all are linked to rapidly-advancing light technology, including LED lights, that will save energy and reduce carbon emissions.

First, I'll reiterate a previous favorite, General Electric (NYSE: GE). I recommended it first on March 2, 2009. Now I'd raise Sell/Stop Loss to $9.25 from my original Sell/Stop Loss: $3.25. The First Call FY2009/FY2010 EPS estimates for GE are 98 cents to 94 cents.

Continue reading Light technology plays: GE, Siemens, Philips

Light technology plays: GE, Siemens, Philips originally appeared on BloggingStocks on Tue, 02 Jun 2009 12:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>GEGeneral ElectricPHGPhilipsSISiemens AGTue, 02 Jun 2009 12:00:00 EST<![CDATA[Analyst upgrades, downgrades and initiations: PEP, AXP, RTP, WSM, RIMM, HPQ ... ]]>http://www.bloggingstocks.com/2009/03/25/analyst-upgrades-downgrades-and-initiations-pep-axp-rtp-wsm/http://www.bloggingstocks.com/2009/03/25/analyst-upgrades-downgrades-and-initiations-pep-axp-rtp-wsm/http://www.bloggingstocks.com/2009/03/25/analyst-upgrades-downgrades-and-initiations-pep-axp-rtp-wsm/#commentsFiled under: , , , , , , , , ,

Analyst upgrades:
  • JMP Securities upgraded CB Richard Ellis (NYSE: CBG) to Outperform from Market Perform. The analyst believes the new Public-Private Investment Program will create liquidity, which will result in some degree of activity. Shares were also upgraded at JP Morgan to Overweight from Neutral.
  • Thomas Weisel upgraded Linear Tech (NASDAQ: LLTC) to Overweight from Market Weight due to stabilizing business and favorable end market exposure.
  • UBS upgraded PepsiCo (NYSE: PEP) to Buy from Neutral and raised its target to $60 from $57 due to moderating input costs, earnings and investment flexibility, improving U.S. beverage business, and leverage from its market share in food.
  • Tibco (NASDAQ: TIBX) was raised to Buy from Neutral at Goldman.
  • Philips Electronics (NYSE: PHG) was upgraded at ING Group to Buy from Hold.
  • Hospira (NYSE: HSP) was upgraded to Outperform from Market Perform at Leerink.

Continue reading Analyst upgrades, downgrades and initiations: PEP, AXP, RTP, WSM, RIMM, HPQ ...

Analyst upgrades, downgrades and initiations: PEP, AXP, RTP, WSM, RIMM, HPQ ... originally appeared on BloggingStocks on Wed, 25 Mar 2009 11:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>aroaxpCBGgshpqhsplltcmitinflxpepphgrimmrtpslabubswsmWed, 25 Mar 2009 11:30:00 EST<![CDATA[Analyst upgrades, downgrades and initiations: DLTR, KWK, IRE, AAUK, JNJ ...]]>http://www.bloggingstocks.com/2009/02/26/analyst-upgrades-downgrades-and-initiations/http://www.bloggingstocks.com/2009/02/26/analyst-upgrades-downgrades-and-initiations/http://www.bloggingstocks.com/2009/02/26/analyst-upgrades-downgrades-and-initiations/#commentsFiled under: , , , , ,

Analyst upgrades:
  • UBS upgraded Dollar Tree (NASDAQ: DLTR) to Buy from Neutral but lowered its target to $42 from $45 following the solid Q4 report. The firm expects Dollar Tree's cost containment to continue. JP Morgan upgraded shares to Overweight from Neutral on valuation as it believes the recent pullback is overdone and the company set achievable FY09 guidance. The firm has a $43 target on the stock.
  • JP Morgan also upgraded Smithfield Foods (NYSE: SFD) to Overweight from Neutral on valuation as they find the stock oversold at current levels.
  • KeyBanc upgraded Nordson (NASDAQ: NDSN) to Hold from Underweight based on valuation, strong balance sheet and cost reductions, and a solid track record of execution.
  • Philips Electronics (NYSE: PHG) was upgraded to Neutral from Underweight at HSBC.
  • Aeropostale (NYSE: ARO) was raised to Equal Weight from Underweight at Barclays.
  • Carter's (NYSE: CRI) was upgraded at Goldman to Neutral from Sell.

Continue reading Analyst upgrades, downgrades and initiations: DLTR, KWK, IRE, AAUK, JNJ ...

Analyst upgrades, downgrades and initiations: DLTR, KWK, IRE, AAUK, JNJ ... originally appeared on BloggingStocks on Thu, 26 Feb 2009 11:15:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>AAUKAIBAROCLHCMICRIDLTREXRHALOIREJNJKWKNDSNPHGSFDSPRTALVCLKWOOFThu, 26 Feb 2009 11:15:00 EST<![CDATA[Stocks in the news: PFE, WYE, BCS, CAT, MCD, PHG, WAG, SBUX, S ...]]>http://www.bloggingstocks.com/2009/01/26/stocks-in-the-news-pfe-wye-bcs-cat-mcd-phg-wag-sbux/http://www.bloggingstocks.com/2009/01/26/stocks-in-the-news-pfe-wye-bcs-cat-mcd-phg-wag-sbux/http://www.bloggingstocks.com/2009/01/26/stocks-in-the-news-pfe-wye-bcs-cat-mcd-phg-wag-sbux/#commentsFiled under: , , , , , , , , , , , , , ,

Pfizer Inc. (NYSE: PFE) announced a deal to acquire rival Wyeth (NYSE: WYE) for $68 billion, or $50.19 a share, a 15% premium to Friday's close of $43.74. This cash-and-stock deal is the largest in the drug sector since 2000 and many see it as a precursor to a flourishing M&A season as the credit markets are slowly starting to improve. Pfizer also reported a 90% profit drop for the fourth quarter due to charges. PFE shares declined 3.4% in premarket trading, while WYE shares gained nearly 5%.

Barclays (NYSE: BCS) shares surged in London Monday after the firm reassured investors in a letter to shareholders it didn't need more capital. But France's BNP Paribas said it would take more cash from the government following a 1.4 billion euro ($1.8 billion) loss in the latest quarter. Finally, ING (NYSE: ING), the Dutch financial services firm, also received government aid as it is expected to announce it had a net loss of 3.3 billion euros in the fourth quarter, that it would cut 7,000 jobs, and that its CEO would step down. BCS shares gained over 44% in premarket trading and ING's gained over 19%.

Caterpillar (NYSE: CAT) and McDonald's (NYSE: MCD) are two Dow components set to report earnings this morning. CAT said its fourth-quarter profit fell to $661 million, or $1.08 a share, from $975 million, or $1.50 a share, in the year-ago quarter. Revenue rose 6% to $12.9 billion. For 2009, Caterpillar gave a a much lower guidance than analysts had expected, $2.50 vs. $4.35 EPS. CAT also said it would slash 20,000 jobs. CAT shares fell over 11% in premarket trading.
Meanwhile, MCD delivered what at first glance seems to be better-than-expected earnings of 87 cents vs. 84 cents. It even plans to invest $2.1 billion of capital to open about 1,000 new McDonald's restaurants.

American Express (NYSE: AXP) is the third Dow component tor report quarterly results after the close of trading today and is expected to report fourth-quarter earnings of 20 cents a share.

Continue reading Stocks in the news: PFE, WYE, BCS, CAT, MCD, PHG, WAG, SBUX, S ...

Stocks in the news: PFE, WYE, BCS, CAT, MCD, PHG, WAG, SBUX, S ... originally appeared on BloggingStocks on Mon, 26 Jan 2009 08:08:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>amgnaxpbcsbnp paribasBnpParibascathalinginthenewskmbmcdpfephgssbuxtsntxnwagwyeMon, 26 Jan 2009 08:08:00 EST<![CDATA[Stocks in the news: GM, F, WMT, MRK, ADBE, COF, C, DD, T, AMZN, AMAT (update)]]>http://www.bloggingstocks.com/2008/12/04/stocks-in-the-news-gm-f-wmt-cost-tol-mrk-cs-nok-phg-ad/http://www.bloggingstocks.com/2008/12/04/stocks-in-the-news-gm-f-wmt-cost-tol-mrk-cs-nok-phg-ad/http://www.bloggingstocks.com/2008/12/04/stocks-in-the-news-gm-f-wmt-cost-tol-mrk-cs-nok-phg-ad/#commentsFiled under: , , , , , , , , , , , , , , , , ,

General Motors Corp. (NYSE: GM), Ford Motor Co. (NYSE: F) and Chrysler executives are returning to Congress for what many see as a crucial hearing as the automakers hope will persuade skeptical lawmakers to bail them out with a $34 billion in emergency aid. Still, a top Senate Democrat wants to hand their problem to the Federal Reserve. Automakers executives are also considering accepting a pre-arranged bankruptcy as the last-resort price of getting a multibillion-dollar government bailout, according to Bloomberg sources. GM and Ford shares are down 6.1% and 7.7% in premarket trade (8:10 am). As of 11:45, GM shares declined nearly7%, Ford's were flattish.

Wal-Mart Store Inc. (NYSE: WMT) November same-store sales were expected to fall 7% gain 2.1%, but rose 3.4%. WMT is trading 2.8% higher in premarket (8:10 am). WMT shares traded higher during the session.
Costco Wholesale Corp (NASDAQ: COST) reported that November same-store sales fell 5%.
Limited Brands Inc. (NYSE: LTD) reported November same-store sales fell 12%.

Toll Brothers (NYSE: TOL) reported a loss of nearly $80 million, or 49 cents per share, including about $175 million in pre-tax writedowns. Without the charges, the company reported a profit of 23 cents per share. Revenue fell to $698.9 million from $1.17 billion a year ago. TOL beat analyst estimates of 46 cents per share on revenue of $681.4 million, according to Thomson Reuters. TOL decline to issue guidance for next year. As of 11:47, TOL shares were 9.5% higher.

Merck & Co. (NYSE: MRK) issued guidance, saying net income in 2009 may miss analysts' expectations as the drug maker trying to make up for falling sales of its top-selling cholesterol pills with cost cuts, including job reduction. Merck made no change in its forecast for 2008 earnings. MRK shares traded 3.6% lower in premarket (8:14 am). Shares of MRK traded down 3.6% by 11:47.

Continue reading Stocks in the news: GM, F, WMT, MRK, ADBE, COF, C, DD, T, AMZN, AMAT (update)

Stocks in the news: GM, F, WMT, MRK, ADBE, COF, C, DD, T, AMZN, AMAT (update) originally appeared on BloggingStocks on Thu, 04 Dec 2008 08:15:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>adbeamatamznccofcostcsddfgmibminthenewsltdmrkmsftnokphgttolwmtThu, 04 Dec 2008 08:15:00 EST<![CDATA[Option Update: Global industrials volatility suggests continued price movement]]>http://www.bloggingstocks.com/2008/10/22/option-update-global-industrials-volatility-suggests-continued/http://www.bloggingstocks.com/2008/10/22/option-update-global-industrials-volatility-suggests-continued/http://www.bloggingstocks.com/2008/10/22/option-update-global-industrials-volatility-suggests-continued/#commentsFiled under: , , , ,

General Electric (NYSE: GE) closed at $20.35 Tuesday. GE November option implied volatility of 52 is above its 26-week average of 32 according to Track Data, suggesting larger price movement.

Siemens (NYSE: SI) closed at $63.97 Tuesday. SI November option implied volatility of 86 is above its 26-week average of 37 according to Track Data, suggesting larger price movement.

Philips Electronics (NYSE: PHG) closed at $18.71 Tuesday. PHG November option implied volatility of 68 is above its 26-week average of 43.

United Technologies (NYSE: UTX) closed at $50.95 Tuesday. UTX November option implied volatility of 53 is above its 26-week average of 33.

Hitachi Ltd (NYSE: HIT) closed at $51.63 Tuesday. HIT November option implied volatility of 71 is above its 26-week average of 36 according to Track Data.

Honeywell (NYSE: HON) closed at $28.85 Tuesday. HON November option implied volatility of 66 is above its 26-week average of 37.

Option Update is provided by Stock Specialist Paul Foster of theflyonthewall.com

Option Update: Global industrials volatility suggests continued price movement originally appeared on BloggingStocks on Wed, 22 Oct 2008 08:53:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>gehitHitachi LtdHitachiLtdhonoption implied volatilityOptionImpliedVolatilityphgPhilips ElectronicsPhilipsElectronicsSiemensutxWed, 22 Oct 2008 08:53:00 EST<![CDATA[Analyst upgrades, downgrades and initiations: BAC, AEO, GOOG, X, BIDZ ...]]>http://www.bloggingstocks.com/2008/10/09/analyst-upgrades-downgrades-and-initiations-bac-aeo-goog-x/http://www.bloggingstocks.com/2008/10/09/analyst-upgrades-downgrades-and-initiations-bac-aeo-goog-x/http://www.bloggingstocks.com/2008/10/09/analyst-upgrades-downgrades-and-initiations-bac-aeo-goog-x/#commentsFiled under: , , , ,

Analyst upgrades:
  • Baird upgraded Bank of America (NYSE: BAC) to Outperform from Neutral citing valuation and long-term earnings power.
  • Keefe Bruyette upgraded shares of Nationwide Financial (NYSE: NFS) to Outperform from Market Perform as it believes the deal is not at risk and will close at the agreed upon $52.25 price.
  • Friedman Billings upgraded American Eagle (NYSE: AEO) to Outperform from Market Perform citing valuation.
  • Eli Lilly (NYSE: LLY) was upgraded to Hold from Sell at Natixis.
  • W.W. Grainger (NYSE: GWW) was upgraded to Outperform from Neutral at RW Baird.
  • Fidelity National (NYSE: FIS) was upgraded to Buy from Neutral at SunTrust.
Analyst downgrades:
  • Credit Suisse downgraded Eli Lilly NYSE:(LLY) to Neutral from Outperform citing the increased risk profile from the ImClone (IMCL) deal.
  • Soleil downgraded Google (NASDAQ:GOOG) to Hold from Buy as it believes Google's cost management may lag revenue weakness and that the falling stock price implies employee defections. The firm lowered its target to $350 from $580.
  • Piper downgraded shares of Orbitz (NYSE:OWW) to Sell from Neutral to reflect deteriorating travel industry fundamentals and the company's levered balance sheet.
  • US Steel (NYSE:X) was downgraded to Neutral from Buy at Goldman.
  • Philips Electronics (NYSE:PHG) was downgraded to Hold from Buy at ING Group.
  • Lamar Advertising (NASDAQ:LAMR) was downgraded to Hold from Buy at Soleil.
  • Cemex (NYSE:CX) was downgraded to Hold from Buy at Citigroup.
Analyst initiations:
  • Bidz.com (NASDAQ:BIDZ), American Superconductor (NASDAQ:AMSC) and Union Bankshares (NASDAQ:UBSH) were today's noteworthy initiations:
  • Bidz.com (NASDAQ:BIDZ) was initiated with a Hold at Stamford, as the firm does not want to recommend a company that has never been tested during difficult economic times, but is positive on BIDZ's growth potential.
  • American Superconductor (NASDAQ:AMSC) was initiated with a Hold at Stanford, as the firm believes the Euro decline and global market turmoil are near-term risks.
  • Union Bankshares (NASDAQ:UBSH) was initiated with an Underperform at RBC Capital, as the firm views shares as overvalued.
  • Regis Corp (NYSE:RGS) was initiated with a Neutral at RW Baird.
  • CommVault's (NASDAQ:CVLT) coverage was resumed with a Neutral at Merrill Lynch.

Analyst upgrades, downgrades and initiations: BAC, AEO, GOOG, X, BIDZ ... originally appeared on BloggingStocks on Thu, 09 Oct 2008 12:45:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>AEOAMSCBACBIDZCVLTCXFISGOOGGWWIMCLinthenewsLAMRLLYNFSOWWPHGRGSUBSHXThu, 09 Oct 2008 12:45:00 EST