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[Analyst upgrades 7-27-07: GPS, JWN, NYX and ODFL]]>http://www.bloggingstocks.com/2007/07/27/analyst-upgrades-7-27-07-gps-jwn-nyx-and-odfl/http://www.bloggingstocks.com/2007/07/27/analyst-upgrades-7-27-07-gps-jwn-nyx-and-odfl/http://www.bloggingstocks.com/2007/07/27/analyst-upgrades-7-27-07-gps-jwn-nyx-and-odfl/#commentsFiled under: , , , , , , ,

MOST NOTEWORTHY: AU Optronics (AUO), RightNow Tech (RNOW), Alaska Air (ALK), Nordstrom (JWN), Gap (GPS) and Old Dominion Freight Line (ODFL) were today's noteworthy upgrades:
  • HSBC upgraded AU Optronics (NYSE: AUO) to Overweight from Neutral following the company's Q2 results.
  • Jefferies raised RightNow Technology (NASDAQ: RNOW) to Buy from Hold, believing low expectations have created a buying opportunity and that fundamentals remain intact.
  • JP Morgan upgraded shares of Alaska Air (NYSE: ALK) to Overweight from Netural on valuation.
  • Citigroup upgraded Nordstrom (NYSE: JWN) to Buy from Hold on valuation; they consider the recent pullback a buying opportunity.
  • Citigroup upgraded Gap (NYSE: GPS) to Buy from Hold from valuation and expects for better execution and cost savings in 2008 under the new CEO.
OTHER UPGRADES:
  • Merriman upgraded MicroTune (NASDAQ: TUNE) to Buy from Neutral.
  • Wachovia raised shares of Wendy's (NYSE: WEN) to Market Perform from Underperform.
Analyst summaries provided by TheFlyOnTheWall.com (subscription required).

Analyst upgrades 7-27-07: GPS, JWN, NYX and ODFL originally appeared on BloggingStocks on Fri, 27 Jul 2007 10:55:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>aeropostalealaskaalkanalystaroauocathaycatyeuronextgapgpsjwnmicrotunenordstromnysenyxodflold dominionOldDominionoptronicsratingrightnowrnowtuneupgradewenwendyFri, 27 Jul 2007 10:55:00 EST<![CDATA[Analyst downgrades 5-11-07: AMGN, ICE, RTP and WEN]]>http://www.bloggingstocks.com/2007/05/11/analyst-downgrades-5-11-07-amgn-ice-rtp-and-wen/http://www.bloggingstocks.com/2007/05/11/analyst-downgrades-5-11-07-amgn-ice-rtp-and-wen/http://www.bloggingstocks.com/2007/05/11/analyst-downgrades-5-11-07-amgn-ice-rtp-and-wen/#commentsFiled under: , , , , ,

MOST NOTEWORTHY: Amgen (AMGN), Wendy's (WEN), webMethods (WEBM), Global Crossing (GLBC) and International Securities Exchange (ISE) topped out today's noteworthy downgrades:
  • 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...
OTHER DOWNGRADES:
  • HSBC downgraded Rio Tinto (NYSE: RTP) to Neutral from Overweight.
  • Morgan Stanley downgraded King Pharma (NYSE: KG) to Equal Weight from Overweight. Pacific
Analyst summaries provided by TheFlyOnTheWall.com (subscription required)

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.

Permalink | Email this | Comments]]>actionsactsamgenamgnanalystdowngradeglbcglobal crossingGlobalCrossingiceinternationalkgking pharmaKingPharmaratingriortpservicemastersvmtheflyonthewall.comtweetertwtrwebmwebmethodwenwendyFri, 11 May 2007 11:17:00 EST<![CDATA[Problems at FedEx - and it's only Monday]]>http://www.bloggingstocks.com/2007/04/30/problems-at-Fed-ex-and-its-only-monday/http://www.bloggingstocks.com/2007/04/30/problems-at-Fed-ex-and-its-only-monday/http://www.bloggingstocks.com/2007/04/30/problems-at-Fed-ex-and-its-only-monday/#commentsFiled under: , , , ,

This weekend's Wall Street Journal (subscription required) said some interesting things about retailers and FedEx Corp (NYSE: FDX).

Over 100 federal lawsuits seeking class-action status against merchants including Wendy's International (NYSE: WEN), TJX Cos (NYSE: TJX), Rite Aid Corp (NYSE: RAD) and Fed Ex Corp (FDX) have been filed for printing too much payment-card information on customer receipts this year alone.

TJX Co, the parent company of T.J. Maxx and Marshalls, reported in January that its computers were hacked and at least 47.5 million customers susceptible to fraud. For the following eight weeks, shares of TJX lost -15%; they have since recovered modestly.

As of December 4th, retailers will be prohibited from printing more than the last five digits of credit-card or debit-card numbers on receipts that are given to customers.

Breaking the law could result in fines as much as $1,000 per transaction.

A spokesman for Fed Ex Kinko's, the Fed Ex unit involved in the lawsuit, denied the charges by saying expiration dates were never identified as an item that could "compromise cardholder security."

Now, to some people this might make sense, but to me I have to scream foul against the claims made against FedEx. Does having one's credit-card expiration date on a receipt make you vulnerable to fraud and identity theft?

I'll stick my neck out on this one folks and say no.

My Discover card expires in May of 2010. Try to get something from that.

Problems at FedEx - and it's only Monday originally appeared on BloggingStocks on Mon, 30 Apr 2007 17:02:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>credit cardCreditCardfdxfed exFedExfraudidentity theftIdentityTheftkinkoradrite aidRiteAidsecuritytjxwenwendyMon, 30 Apr 2007 17:02:00 EST