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xenoport posts

Closing Bell: Stumbling About (AIG, SII, SLB XNPT)

Posted Feb 22nd 2010 4:00PM by Douglas McIntyre (RSS feed)
Filed under: After the Bell, Schlumberger Limited (SLB), Amer Intl Group (AIG), S and P 500, DJIA, NASDAQ

The market slipped in and out of a stupor today as traders tried to decide whether the new $980 billion health care reform bill will help or hurt the economy if it passes.

Today's unofficial closing numbers:

Dow 10,382.63 -19.72 (-0.19%)
S&P 500 1,108.01 -1.16 (-0.10%)
Nasdaq 2,242.03 -1.84 (-0.08%)

Continue reading Closing Bell: Stumbling About (AIG, SII, SLB XNPT)

Closing Bell: Up and Away, Again ... (DAI, TM, SIRI, MSFT, YHOO, WMT, XNPT)

Posted Feb 18th 2010 4:20PM by Jon Ogg (RSS feed)

Despite higher inflation data this morning and poor jobs data were overlooked. It wasn't even really based on earnings that the rally came on. Leading indicators and what appears to be European market intervention helped today. Even a false-terror scare from a deliberate plane crash in Austin into an IRS building was short-lived.

Here were today's unofficial closing bell levels:

Dow 10,392.90 +83.66 (0.81%)
S&P 500 1,106.75 +7.24 (0.66%)
Nasdaq 2,241.71 +15.42 (0.69%)

Continue reading Closing Bell: Up and Away, Again ... (DAI, TM, SIRI, MSFT, YHOO, WMT, XNPT)

Analyst initiations: NUVA, BWLD and IVZ

Posted Apr 3rd 2008 11:36AM by Eric Buscemi (RSS feed)
Filed under: Analyst Reports, Analyst Initiations

MOST NOTEWORTHY: NuVasive, Buffalo Wild Wings and Invesco were today's noteworthy initiations:

Merriman believes NuVasive's (NASDAQ:NUVA) expanding product and distribution should continue to drive growth and feels the recent pullback provides a good entry point into shares. Merriman started NuVasive with a Buy rating.
Buffalo Wild Wings (NASDAQ:BWLD) was initiated at Jefferies with a Hold rating and $30 target as they believe consensus estimates are aggressive and that shares are approaching fair valuation.
William Blair believes Invesco's (NYSE:IVZ) investment capabilities and diversified client base are key differentiators that will drive superior relative growth over the long term; shares were assumed with an Outperform rating.

OTHER INITIATIONS:

Baird initiated XenoPort (NASDAQ:XNPT) with an Outperform rating and $74 target.
KeyBanc assumed Felcor Lodging (NYSE:FCH) with a Buy rating and $14 target.
Trimble Navigation (NASDAQ:TRMB) was initiated at Thomas Weisel with a Market Weight rating and $30 target.