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Market highlights for next week: Major earnings releases

Monday, July 21
Tuesday, July22

Continue reading Market highlights for next week: Major earnings releases

Market highlights for next week: YUM, AA, COST, PEP to report

Monday October 8
  • PDUFA date for Theravance Inc's (NASDAQ: THRX) Telavancin for complicated skin and soft tissue infections caused by gram-positive bacteria
Tuesday October 9
Wednesday October 10
Thursday October 11
Friday October 12

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).

Symbol Lookup
IndexesChangePrice
DJIA+28.5710,255.51
NASDAQ+0.402,154.46
S&P 500+1.531,094.61

Last updated: November 10, 2009: 03:21 PM

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