Home » Archive for August, 2013
Deere & Co. Stock Rating Lowered by Argus (DE)
Deere & Co. (NYSE:DE) was downgraded by research analysts at Argus from a “buy” rating to a “hold” rating in a report released on Thursday, TheFlyOnTheWall.com reports. They currently have a $380.00 target... More of this article »
Synovus Financial Corp. Rating Lowered to Hold at Drexel Hamilton (SNV)
Synovus Financial Corp. (NYSE:SNV) was downgraded by research analysts at Drexel Hamilton from a “buy” rating to a “hold” rating in a report released on Thursday, TheFlyOnTheWall.com reports. They currently... More of this article »
Deere posts increase in Profits
On Wednesday, Deere & Co. announced that it’s fiscal third quarter profit was up by 26%, which beat Wall Street expectations. The company said it was in part due to strong sales enjoyed in its farm equipment in both North and... More of this article »
Roche Halts Development Of Diabetes Drug (OTCMKTS:RHHBY)
Roche has discontinued development of its new diabetes drug. The halting of the research could raise safety questions about the entire category of drugs, which includes blockbuster drug Avandia. Dr. Steven E. Nissen, the chairman of... More of this article »
Proofpoint Coverage Initiated by Analysts at Imperial Capital (PFPT)
Imperial Capital assumed coverage on shares of Proofpoint (NASDAQ:PFPT) in a research note issued on Wednesday, TheFlyOnTheWall.com reports. The firm set an “outperform” rating and a $33.00 price target on the stock. Imperial... More of this article »
Stifel Nicolaus Increases JDS Uniphase Corp. Price Target to $19.00 (JDSU)
Research analysts at Stifel Nicolaus lifted their price target on shares of JDS Uniphase Corp. (NASDAQ:JDSU) from $16.00 to $19.00 in a report released on Wednesday, Analyst Ratings Network.com reports. The firm currently has a “buy”... More of this article »
Usa Compression Partners LP Rating Lowered to Neutral at Goldman Sachs Group Inc. (USAC)
Usa Compression Partners LP (NASDAQ:USAC) was downgraded by equities research analysts at Goldman Sachs Group Inc. from a “buy” rating to a “neutral” rating in a research note issued to investors on Wednesday,... More of this article »
J.C. Penney Co. Price Target Lowered to $13.00 at JPMorgan Chase & Co. (JCP)
Research analysts at JPMorgan Chase & Co. decreased their target price on shares of J.C. Penney Co. (NYSE:JCP) from $18.00 to $13.00 in a report released on Monday, AnalystRatings.Net reports. The firm currently has a “neutral”... More of this article »
US Business Inventories Remain Unchanged in June
Inventories of businesses in the United States remained unchanged in June as companies excluding the auto industry cut back on restocking. This could affect the estimates for economic growth of the nation in the second quarter. The... More of this article »
Peruvian Authorities: Slain Rebels could be Shining Path Leaders
Security forces in Peru said they believe two of the four top leaders of the Shining Path group have been killed. The authorities said the rebel group leaders were killed during combat in the region of coca growing plantations in the... More of this article »
Cisco Systems Upgraded by JPMorgan Cazenove to Market Perform (CSCO)
JPMorgan Cazenove upgraded shares of Cisco Systems (NASDAQ:CSCO) from an underweight rating to a market perform rating in a research report sent to investors on Friday morning, AR Network reports. CSCO has been the subject of a number... More of this article »
Spectris Rating Reiterated by Jefferies Group (SXS)
Spectris (LON:SXS)‘s stock had its “hold” rating reaffirmed by Jefferies Group in a research note issued on Monday, Analyst Ratings.Net reports. Shares of Spectris (LON:SXS) traded up 1.29% during mid-day trading... More of this article »
American Tower Corp Upgraded by ISI Group to Buy (AMT)
American Tower Corp (NYSE:AMT) was upgraded by analysts at ISI Group from a “neutral” rating to a “buy” rating in a research report issued to clients and investors on Tuesday, Analyst Ratings Network reports.... More of this article »
Hornbeck Offshore Services Upgraded by Howard Weil to “Outperform” (HOS)
Hornbeck Offshore Services (NYSE:HOS) was upgraded by investment analysts at Howard Weil from a “sector perform” rating to an “outperform” rating in a note issued to investors on Tuesday, AnalystRatings.Net... More of this article »
RetailMeNot Coverage Initiated by Analysts at Goldman Sachs Group Inc. (SALE)
Equities research analysts at Goldman Sachs Group Inc. assumed coverage on shares of RetailMeNot (NASDAQ:SALE) in a research note issued to investors on Tuesday, TheFlyOnTheWall.com reports. The firm set a “neutral” rating... More of this article »
Rexford Industrial Realty Coverage Initiated at JPMorgan Chase & Co. (REXR)
Equities researchers at JPMorgan Chase & Co. assumed coverage on shares of Rexford Industrial Realty (NASDAQ:REXR) in a research report issued on Tuesday, ARN reports. The firm set an “overweight” rating on the stock.... More of this article »
Vical Rating Lowered to Neutral at Credit Suisse (VICL)
Vical (NASDAQ:VICL) was downgraded by equities researchers at Credit Suisse from an “outperform” rating to a “neutral” rating in a research report issued on Tuesday, TheFlyOnTheWall.com reports. They currently... More of this article »
Eagle Materials Receives “Conviction-Buy” Rating from Goldman Sachs Group Inc. (EXP)
Eagle Materials (NYSE:EXP)‘s stock had its “conviction-buy” rating reaffirmed by equities research analysts at Goldman Sachs Group Inc. in a research note issued to investors on Monday, AnalystRatingsNetwork.com reports.... More of this article »
Dufner Walks Away with PGA Championship
Jason Dufner, following the completion of his win at Sunday’s PGA Championship, slumped into his chair in the media room. He had the brim of his cap down low, shoulders dropped, eyes droopy and a voice that remained on the same one... More of this article »
US Wholesale Inventories Drop for 3rd Straight Month
Inventories at wholesalers in the United States surprisingly dropped in June for the third month in a row. This was the longest streak in almost four years and was attributed to the increase in demand. Stockpiles decreased 0.2 percent... More of this article »
Onyx Pharmaceuticals Downgraded by Leerink Swann to “Market Perform” (ONXX)
Onyx Pharmaceuticals (NASDAQ:ONXX) was downgraded by analysts at Leerink Swann from an “outperform” rating to a “market perform” rating in a research report issued to clients and investors on Monday, Analyst... More of this article »
Argus Downgrades Helmerich & Payne to Hold (HP)
Helmerich & Payne (NYSE:HP) was downgraded by equities research analysts at Argus from a “buy” rating to a “hold” rating in a research note issued to investors on Monday, TheFlyOnTheWall.com reports. The... More of this article »
Youku.com Lowered to “Hold” at Deutsche Bank (YOKU)
Youku.com (NASDAQ:YOKU) was downgraded by Deutsche Bank from a “buy” rating to a “hold” rating in a research note issued on Monday, TheFlyOnTheWall.com reports. They currently have a $23.00 price objective on... More of this article »
Cascade Bancorp Upgraded by DA Davidson to “Neutral” (CACB)
Cascade Bancorp (NASDAQ:CACB) was upgraded by equities researchers at DA Davidson from an “underperform” rating to a “neutral” rating in a research report issued on Monday, TheFlyOnTheWall.com reports. The firm... More of this article »
Insider Buying: Corp Softbank Buys 3,885,360 Shares of Sprint Corp. Stock (S)
Sprint Corp. (NYSE:S) major shareholder Corp Softbank bought 3,885,360 shares of the stock in a transaction that occured on Thursday, August 8th. The stock was purchased at an average price of $6.88 per share, for a total transaction... More of this article »
Bank of America Corp. Upgrades KAR Auction Services to Buy (KAR)
KAR Auction Services (NYSE:KAR) was upgraded by equities research analysts at Bank of America Corp. from a “neutral” rating to a “buy” rating in a research note issued to investors on Monday, Analyst Ratings... More of this article »
JPMorgan Chase & Co. Downgrades ING US to Underweight (VOYA)
ING US (NYSE:VOYA) was downgraded by JPMorgan Chase & Co. from a “neutral” rating to an “underweight” rating in a research note issued on Monday, TheFlyOnTheWall.com reports. They currently have a $30.00... More of this article »
Luxoft Holding (LXFT) Announces Quarterly Earnings, Misses Expectations By $0.21 EPS
Luxoft Holding (NYSE:LXFT) issued its quarterly earnings data on Tuesday. The company reported $0.00 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.21 by $0.21, Analyst Ratings Network reports. A number... More of this article »
Soybean and Corn Up on Friday Trading
Corn and soybean were higher Friday. This was attributed to the bargain buying of end users that helped drive the agricultural markets higher after a selloff. Wheat was also up after two sessions of drop in a row due to pressure from... More of this article »
Authorities find Teen, while abductor Killed in Wilderness of Idaho
California teenage Hannah Anderson who had been missing was found safe in the state of Idaho, while the man who was suspected of abducting her James Lee DiMaggio was killed, said Sheriff’s officials from San Diego County. William... More of this article »
Blackberry Going Private Might Make Business Sense
A deal that would take Blackberry private might make business sense from a financial standpoint, said executives from private equity. However, any type of move would not alone make the maker of smartphones any more competitive. The... More of this article »
Shutterstock PT Raised to $53.00 (SSTK)
Investment analysts at Deutsche Bank raised their price objective on shares of Shutterstock (NYSE:SSTK) from $41.00 to $53.00 in a note issued to investors on Friday, Analyst Ratings.Net reports. The firm currently has a “hold”... More of this article »
Visteon Corp. Given “Overweight” Rating at Barclays Capital (VC)
Visteon Corp. (NYSE:VC)‘s stock had its “overweight” rating reiterated by investment analysts at Barclays Capital in a note issued to investors on Friday, AnalystRatingsNetwork.com reports. They currently have a $82.00... More of this article »
Slim Makes $9.6 Billion Unsolicited Offer
America Movil, on Friday unveiled a $9.6 billion unsolicited bid to purchase the majority stake in Dutch Royal KPN, that it does not already own. The bid possibly halts the proposed sale of the German unit of KPN and creates a European... More of this article »
Facebook Price Target Raised to $45.00 at UBS AG (FB)
UBS AG boosted their price objective on shares of Facebook (NASDAQ:FB) to $45.00 in a research note issued on Friday, Analyst Ratings Network reports. The firm currently has a “buy” rating on the stock. UBS AG’s price... More of this article »
Concho Resources Stock Rating Lowered by UBS AG (CXO)
Concho Resources (NYSE:CXO) was downgraded by analysts at UBS AG from a “buy” rating to a “neutral” rating in a research report issued to clients and investors on Friday, TheFlyOnTheWall.com reports. They currently... More of this article »
Tableau Software Price Target Raised to $70.00 at BMO Capital Markets (DATA)
Research analysts at BMO Capital Markets boosted their price objective on shares of Tableau Software (NYSE:DATA) from $57.00 to $70.00 in a report released on Friday, Stock Ratings Network.com reports. The firm currently has a “market... More of this article »
Thoratec Corp. Upgraded to “Outperform” by Credit Suisse (THOR)
Thoratec Corp. (NASDAQ:THOR) was upgraded by equities research analysts at Credit Suisse from a “neutral” rating to an “outperform” rating in a research note issued to investors on Friday, TheFlyOnTheWall.com... More of this article »
TreeHouse Foods Given “Hold” Rating at Jefferies Group (THS)
TreeHouse Foods (NYSE:THS)‘s stock had its “hold” rating restated by equities research analysts at Jefferies Group in a research note issued to investors on Friday, AnalystRatings.Net reports. They currently have... More of this article »
Amarin Co. plc Given New $20.00 Price Target at Jefferies Group (AMRN)
Research analysts at Jefferies Group reduced their price target on shares of Amarin Co. plc (NASDAQ:AMRN) from $24.00 to $20.00 in a report released on Friday, StockRatingsNetwork.com reports. The firm currently has a “buy”... More of this article »
Merrimack Pharmaceuticals Downgraded to Neutral at Bank of America Corp. (MACK)
Merrimack Pharmaceuticals (NASDAQ:MACK) was downgraded by research analysts at Bank of America Corp. from a “buy” rating to a “neutral” rating in a report released on Friday, AnalystRatings.Net reports. They... More of this article »
Foot Locker Downgraded to “Neutral” at Goldman Sachs Group Inc. (FL)
Foot Locker (NYSE:FL) was downgraded by stock analysts at Goldman Sachs Group Inc. from a “buy” rating to a “neutral” rating in a report issued on Friday, Stock Ratings Network.com reports. They currently have... More of this article »
inContact Downgraded by Benchmark Co. to Hold (SAAS)
inContact (NASDAQ:SAAS) was downgraded by stock analysts at Benchmark Co. from a “buy” rating to a “hold” rating in a report issued on Friday, Stock Ratings Network reports. They currently have a $9.00 price... More of this article »
Insider Selling: Charles Wunsch Sells 341,323 Shares of Sprint Corp. Stock (S)
Sprint Corp. (NYSE:S) SVP Charles Wunsch sold 341,323 shares of Sprint Corp. stock in a transaction dated Tuesday, August 6th. The shares were sold at an average price of $6.92, for a total transaction of $2,361,955.16. Following the... More of this article »
Argus Increases Mylan Price Target to $42.00 (MYL)
Investment analysts at Argus upped their price target on shares of Mylan (NYSE:MYL) from $35.00 to $42.00 in a note issued to investors on Thursday, AnalystRatingsNetwork reports. The firm currently has a “buy” rating on... More of this article »
MixBit Stitching App Launched by Founders of YouTube
The people who founded YouTube are taking on Instagram and Vine with their own video sharing and stitching app. The new app, MixBit, is free and debuted on Thursday. For users of iOS the app is available on the Apple’s App store,... More of this article »
Time Warner Reports 87% Increase in 2nd Quarter Income
Time Warner released its second quarter net income report that showed it increased 87 percent to $771 million. This was due to the higher TV ad sales and strong box office performances of Warner Bros that offset the drop in its magazine... More of this article »
FTI Consulting (FCN) Announces Quarterly Earnings Results, Misses Expectations By $0.02 EPS
FTI Consulting (NYSE:FCN) released its earnings data on Thursday. The company reported $0.58 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.60 by $0.02, Analyst Ratings Network.com reports.... More of this article »