Continue reading Silvercorp Metals (SVM): Silver Breakout

Silvercorp Metals (SVM): Silver Breakout originally appeared on BloggingStocks on Tue, 08 Mar 2011 15:00:00 EST. Please see our terms for use of feeds.

Analyst Upgrades

• Polo Ralph Lauren (RL) to neutral from underperform at BofA/Merrill.
• Sigma-Aldrich (SIAL) to outperform from market perform at Leerink.
• Petrobras (PBR) to overweight from equal weight at Barclays.
• Silvercorp Metals (SVM) to buy from neutral at UBS.
• PROS (PRO) to buy from hold at Jefferies.
• Power Integrations (POWI) and Monolithic Power (MPWR) to buy from neutral at Roth Capital.
• Diodes (DIOD) to outperform from neutral at RW Baird.
• Whole Foods (WFMI) to hold from sell at Hapoalim.
• Sinclair Broadcast (SBGI) to overweight from neutral at JPMorgan.
• Sappi (SPP) to outperform from neutral at Macquarie.
• Alpha Natural (ANR) to buy from hold at BB&T.
• Watts Water (WTS) to buy from hold at Brean Murray.

Continue reading Analyst Calls: ANR, CSCO, HUM, ITT, NYX, PBR, RL, WFMI, WMT, YHOO ...

Analyst Calls: ANR, CSCO, HUM, ITT, NYX, PBR, RL, WFMI, WMT, YHOO ... originally appeared on BloggingStocks on Thu, 10 Feb 2011 12:00:00 EST. Please see our terms for use of feeds.

Analyst Upgrades

• BP (BP) to buy from hold at RBS.
• Symantec (SYMC) to buy from hold at Deutsche Bank.
• GenOn Energy (GEN) and Nationwide Health Properties (NHP) to buy from hold at Citigroup.
• Logitech (LOGI) and Patriot Coal (PCX) to neutral from sell, as well as ARM Holdings (ARMH) to buy from neutral, at Goldman.
• Silvercorp Metals (SVM) to outperform from market perform at BMO Capital.
• Cinemark (CNK) to equal weight from underweight at Morgan Stanley.
• Smith & Nephew (SNN) to market perform from underperform at Bernstein.
• Molex (MOLX) to overweight from underweight at JPMorgan.

Continue reading Analyst Calls: AB, ARMH, BP, DANG, JNS, LOGI, PCX, SYMC, YHOO, YOKU ...

Analyst Calls: AB, ARMH, BP, DANG, JNS, LOGI, PCX, SYMC, YHOO, YOKU ... originally appeared on BloggingStocks on Tue, 18 Jan 2011 11:30:00 EST. Please see our terms for use of feeds.

"You've undoubtedly noticed gold's run up; but you may have missed the serious gains coming from gold's underappreciated sister -- silver," suggests Keith Fitz-Gerald.

The editor of The New China Trader explains, "To play this trend, we are buying Silvercorp Metals (SVM), which engages in the acquisition, exploration, development, and operation of silver mining properties in Canada and China.

Continue reading Silvercorp Metals (SVM): From Canada to China

Silvercorp Metals (SVM): From Canada to China originally appeared on BloggingStocks on Mon, 18 Oct 2010 13:30:00 EST. Please see our terms for use of feeds.

"Silver currently shows a powerful 'cup-and-handle' formation; we've seen similar formations for gold over the past couple of years, and each time the metal subsequently rallied to new all-time highs," notes Brien Lundin.

The editor of The Gold Newsletter -- and the host of the annual New Orleans Gold Conference -- explains, "This pattern is a potent indication of a rally ahead.

In short, silver is shining right now, and seems ready to gleam even more brightly, especially in comparison to gold. Meanwhile, one of our favorite silver stocks is Silvercorp Metals (SVM).

Continue reading Silvercorp (SVM): Top Pick Among Silver Miners

Silvercorp (SVM): Top Pick Among Silver Miners originally appeared on BloggingStocks on Fri, 17 Sep 2010 11:00:00 EST. Please see our terms for use of feeds.

MAJOR PAPERS:

• The Wall Street Journal reported that The ServiceMaster Company (NYSE: SVM) has shelved its $1.15B sale of junk bonds that would help to pay for the LBO of the company due to "investor nervousness."
• The Wall Street Journal reported that eBay Inc (NASDAQ: EBAY) has quietly opened a classified ad site in the U.S., which would rival Craigslist.
• According to people familiar with the situation, The Coca-Cola Company (NYSE: KO) has approached several private-equity firms that are involved in the bidding for Cadbury Schweppes plc's (NYSE: CSG) U.S. drinks business, reported the Wall Street Journal.

• Research in Motion Limited (NASDAQ: RIMM) has been given clearance to sell its BlackBerry device in China, reported the New York Times.
• Big names like International Business Machines Corporation (NYSE: IBM), Infosys Technologies Limited (NASDAQ: INFY), TCS and The Blackstone Group LP (NYSE: BX) are opting out of the bidding race for Citigroup Incorporated's (NYSE: C) BPO arm, reported the Times of India.

Newspaper wrap-up 7-05-07: Research in Motion to sell BlackBerries in China originally appeared on BloggingStocks on Thu, 05 Jul 2007 09:20:00 EST. Please see our terms for use of feeds.

MOST NOTEWORTHY:

• A host of companies shot down Amgen Inc (NASDAQ: AMGN) today:
• Lazard cut the drugmaker to Sell from Buy while Citigroup cut them to Sell from Hold. JP Morgan and HSBC downgraded Amgen to Neutral from Overweight while Morgan Stanley cut shares to Equal-Weight from Overweight.

• Elsewhere, Wendy's Int'l (NYSE: WEN) was downgraded by Citigroup to Hold from Buy on valuation.

• Deutsche Bank cut shares of webMethods Inc (NASDAQ: WEBM) to Hold from Buy as they expect the software AG merger to go through.

• Global Crossing (NASDAQ: GLBC) was downgraded to Hold from Buy at Deutsche Bank following the company's Q1 miss and revised guidance.

• The International Securities Exchange (NYSE: ICE) was downgraded at Banc of America given potential risks to the Eurex bid. They are not counting on rival bids and recommend moving to the sidelines...

• HSBC downgraded Rio Tinto (NYSE: RTP) to Neutral from Overweight.

• Morgan Stanley downgraded King Pharma (NYSE: KG) to Equal Weight from Overweight. Pacific

• Crest downgraded Actions Semiconductor (NASDAQ: ACTS) to Sector Perform from Outperform.

• Raymond James downgraded ServiceMaster Co (NYSE: SVM) to Market Perform from Outperform.

• Soliel downgraded Tweeter Home Entertainment (NASDAQ: TWTR) to Hold from Buy.

Analyst downgrades 5-11-07: AMGN, ICE, RTP and WEN originally appeared on BloggingStocks on Fri, 11 May 2007 11:17:00 EST. Please see our terms for use of feeds.

Back in late November, I wrote on BloggingStocks.com that ServiceMaster Company (NYSE:SVM) was "in play" as the stock surged 10% to $13.14. At that time, the company retained Morgan Stanley (NYSE:MS) and Goldman Sachs (NYSE:GS) to explore strategic alternatives.

Well, now we have a deal. The private equity firm Clayton, Dubilier & Rice says will it pay $4.8 billion for ServiceMaster. The stock jumped 12% to $15.12 on the news.

ServiceMaster is the kind of deal that is tantalizing to private equity firms. The company has a collection of top brands, such as Terminix, Merry Maids and TruGreen Chemlawn. The cash flows are also good.

As a result, it looks like there was some heavy bidding for this deal. The valuation is a rich 26X earnings. Yes, it's a pretty good bet there will not be another bid on this one.

For Clayton, it looks like the strategy is to sell off a myriad of the assets to help pay off the debt. But, in light of the valuation, it's going to take a lot of work to make this deal a winner.

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

Private equity bites ServiceMaster originally appeared on BloggingStocks on Mon, 19 Mar 2007 14:19:00 EST. Please see our terms for use of feeds.

Stock futures are positive

Before the bell 3-19-07: Stock futures point to a higher start originally appeared on BloggingStocks on Mon, 19 Mar 2007 07:51:00 EST. Please see our terms for use of feeds.