radware posts
FeedPosted Apr 4th 2008 11:00AM by Eric Buscemi (RSS feed)
Filed under: Analyst reports, Analyst upgrades and downgrades, Dell (DELL), Sirius Satellite Radio (SIRI)
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MOST NOTEWORTHY: Riverbed Technology, Sirius Satellite and ASML Holdings were today's noteworthy downgrades:
- Deutsche Bank downgraded shares of Riverbed Technology (NASDAQ: RVBD) to Hold from Buy after it negatively preannounced to reflect economic conditions and the company's lack of visibility.
- Credit Suisse said shares of Sirius Satellite (NASDAQ: SIRI) are trading near fair value and that shares will probably trade in a range between mid-$2s to $3 in 2008. Shares were downgraded to Neutral from Outperform.
- JP Morgan lowered ASML Holdings (NASDAQ: ASML) to Neutral from Overweight as they believe chip manufacturing equipment orders are suffering from the weak DRAM memory market.
OTHER DOWNGRADES:
- Dell (NASDAQ: DELL) was cut at Goldman to Neutral from Buy.
- Tesco PLC (OTC: TSCDY) was downgraded to Hold from Buy at Societe Generale.
- RBC Capital cut Radware (NASDAQ: RDWR) to Sector Perform from Outperform.
Posted Oct 19th 2007 9:15AM by Eric Buscemi (RSS feed)
Filed under: Newspapers, Magazines, Amazon.com (AMZN), Aetna Inc (AET), US Airways Group (LCC), Amgen Inc (AMGN),
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MAJOR PAPERS:
- The office of the Massachusetts secretary of state is investigating whether Bear Stearns (NYSE: BSC) improperly traded mortgage-backed securities for its own account with two hedge funds that failed this past summer, without notifying in advance the funds independent directors, reported the Wall Street Journal.
- The Schork Report's Stephen Schork sees an oil correction coming and predicted oil in the $65-$68 range, according to the Wall Street Journal's "Heard on the Street" column.
OTHER PAPERS:
- Insurer Aetna (NYSE: AET) has instituted a tighter reimbursement policy for Amgen's (NASDAQ: AMGN) anemia drugs, creating a setback for Amgen, reported the Los Angeles Times.
- A consortium led by Icelandic investor Baugur is interested in making an offer for Saks (NYSE: SKS), reported the New York Post, but Saks will not consider a sale until the credit market improves.
- From BusinessWeek's "Inside Wall Street" section:
- BusinessWeek suggested that US Airways' (NYSE: LCC) poor performance compared to it's competitors makes it an attractive target to be bought.
- Rami Rosen of investment firm Oscar growth believes pacts like Radware's (NASDAQ: RDWR) venture with International Business Machines (NYSE: IBM) will help to drive growth.
- BusinessWeek hailed Amazon's (NASDAQ: AMZN) performance, saying it is one of the few internet companies that has beaten Google (NASDAQ: GOOG).
Posted Jun 7th 2007 10:47AM by Eric Buscemi (RSS feed)
Filed under: Analyst reports, Analyst upgrades and downgrades
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MOST NOTEWORTHY: The semiconductor sector, Quest Diagnostics
(NYSE: DGX) and
Federal National Mortgage Association (NYSE:
FNM) were today's noteworthy upgrades:
- Bernstein upgraded the semiconductor sector to Overweight form Market Weight on expectations that utilization will rise starting in Q2. The firm upgraded ASML Holding NV (NASDAQ: ASML) to Outperform from Market Perform and Infineon Technologies (NYSE: IFX) to Market Perform from Underperform.
- UBS upgraded Quest Diagnostics to Buy from Neutral, citing Laboratory Corporation Of America Holdings' (NYSE: LH) contract renewal with Cigna HealthCare, which should ease concerns regarding deteriorating pricing.
- Fannie Mae was upgraded to Outperform from Market Perform at Friedman Billings, citing improving fundamentals, better business mix and the possibility the company reports current financials in the next 12-18 months.
OTHER UPGRADES:
Why do we have a weak dollar?
Holiday hiring slow for retailers
Closing Bell: What sell-off? (AIG, ABK, EPR, MBI, JAVA, ORCL, ERTS)
