Research 28.05.2014

    Today Movers AGN Allergan– Valeant Pharmaceuticals has improved its takeover bid for Allergan, adding $10 per share to the cash portion, and adding a contingent value right that it said could be worth up to $25 per share. Separately, Valeant sold the rights to several of its skincare products to Nestle for $1.4 billion in cash. TWTR Twitter—Nomura Securities upgraded Twitter to "buy" from "neutral," saying this year's drop in the stock price has resulted in a much more favorable risk/reward ratio. The firm now sees the possibility of product enhancements that could spur user growth and revenue per user. DDD 3D Systems–3D announced a public offering of nearly six million shares, a move that will increase the 3D printer make...

    Research 27.05.2014

    Today Movers HSH PF Hillshire Brands–Pilgrim's Pride proposed an acquisition of Hillshire for $45 per share in cash or $6.4 billion. That comes just two weeks after Hillshire announced a $4.3 billion cash-and-stock deal to buy Pinnacle Foods. AZN PFE AstraZeneca—Pfizer said it would not make a formal offer to buy its rival drug maker. AstraZeneca had said that Pfizer's most recent informal bid still undervalued the company. DRTX Shares of Durata Therapeutics are off 23% premarket on modest volume in apparent profit-taking after the pre-Dalvance approval run-up over the past 30 days when shares popped ~45% from the April 14 low of $11.68. Conference calls 8:00 0:00 Scotiabank BNS 8:00 0:00 JinkoSolar H...

    Research 23.10.2013

    Today Movers NFLX Netflix— Investor Carl Icahn sold about half of his stake in the video service. Icahn still holds about 4.5 percent of Netflix, but decided to sell some shares after they more than quintupled since his original purchase at $58 per share. Earnings AMGN Amgen - The pharmaceutical giant posted earnings of $1.94 a share, excluding one-time items, on revenue of $4.75 billion, breezing past expectations for $1.77 a share on sales of $4.60 billion. In addition, the company raised the lower-end of its earnings guidance in full-year by a nickel. Shares rallied in extended-hours trading. BRCM Broadcom - The semiconductor company reported earnings of 76 cents a share, ex-items, on revenue of $2.15 billion, exceeding Wall S...

    Research 22.10.2013

    Today Movers TJX TJX - The discount retailer raised its third quarter outlook above Street estimates, with the company also predicting a quarterly comp store sales increase of four percent. TJX had previously seen same-store sales growth at 2-3 percent. QEP QEP Resources – The oil producer now has hedge fund Jana Partners as its largest shareholder, with an SEC filing indicating Jana has taken a 7.5 percent stake in the company. Earnings DD duPont – The company reported third quarter profit of 45 cents per share, excluding certain items, four cents above estimates. Revenue was essentially in line. Dupont's results were helped by strong performances for solar panel sales, among other products. DAL Delta Air Lines – Delta beat ...

    Research 21.10.2013 =)

    Today Movers AAPL Apple – The stock was upgraded to "buy" from "hold" at Societe Generale, which points to evidence of continued momentum for sales of the new iPhone 5s and 5c models. T AT&T – The wireless giant is selling or leasing the rights to nearly 10,000 wireless towers to Crown Castle International for $4.85 billion. Earnings HAS Hasbro– The toy maker reported third quarter profit of $1.31 per share, excluding certain items, two cents above estimates, with revenue also above consensus. Hasbro's results were aided by strong overseas performance, helping to make up for weakness in the U.S. market. HAL Halliburton – The oilfield services provider earned 83 cents per share for the third quarter, beating estimates by a pen...

    Research 18.10.2013

    Today Movers ATVI, EA, TTWO Activision, Electronic Arts , Take-Two Interactive— Videogame stocks may benefit from NPD Group's latest report showing videogame industry sales rose 27 percent in September, helped by soaring sales of Take-Two's new Grand Theft Auto V game. AMZN Amazon.com – UBS upgraded Amazon shares to "buy" from "neutral", citing what it calls a "bullish secular backdrop" for Amazon's multi-channel commerce model. Earnings ALGN Align Technology – The maker of Invisalign invisible braces reported third quarter profit of 42 cents per share, well above estimates of 30 cents, and its current quarter forecasts are above consensus as well. Shipments of the product were up 16 percent in the third quarter compared to a year earlie...

    Research 17.10.2013

    Today Movers AMRN Amarin – Amarin shares are under pressure following an FDA statement that its Vascepa drug, which is designed to lower triglycerides, shouldn't be approved for a broader patient population yet. The agency said results from an additional study need to be analyzed. SCSS Select Comfort – Select Comfort fell seven cents short of estimates with third quarter profit of 36 cents per share, and its revenue was also well short of consensus. The mattress maker cut its full year outlook, citing the uncertain economy. Select Comfort's results are also impacting the stocks of rival mattress companies Tempur Sealy and Mattress Firm. Earnings UNH UnitedHealth – The health care provider reported third quarter profit of $1.53 per share,...

    Research 20.09.2013

    Today Movers AAPL Apple-The new iPhone 5C and iPhone 5S will go on sale in Apple stores today. The 5C had been available for sale via online pre-order, but today is the first chance for consumers to buy the 5S. GT Goodyear Tire - The tire maker has announced a $100 million stock buyback program, and has reinstated a dividend of 5 cents per share. FB Facebook - Cowen & Co. upgraded Facebook shares to "outperform" from "neutral", citing higher mobile revenues and strong and sustainable returns on investment. CTAS Cintas - The uniform and restroom supplier reported fiscal first quarter profit of 63 cents per share, matching estimates, but also raised its earnings guidance for the full year. Yesterday Gainers/Losers MNST ISIS CLDX QCOR GRPN ...

    Research 19.09.2013

    Today Movers BMRN Roche lining up financing for BioMarin bid: DealReporter BioMarin (BMRN) soars 10% premarket on reports Roche (RHHBY.OB) is raising financing for a takeout offer. More to come. A Agilent - Agilent will split into two separate publicly traded companies, one focusing on life sciences and diagnostics, the other on electronic measurement devices. MCD McDonald's - The restaurant chain raised its quarterly dividend by 5 percent to 81 cents per share, continuing its practice of raising its dividend yearly. TTWO (yesterday news) Take-Two Interactive - The stock is soaring for a second day after the company announced record first day retail sales for its Grand Theft Auto V video game PIR Pier 1 Imports - The retailer reported seco...

    Research 18.09.2013

    Today Movers PG Procter & Gamble- Barclays cut the consumer products giant's rating to "equal weight" from "overweight", saying shares will likely remain range bound until P&G demonstrates the ability to deliver faster growth. Barclays also upgraded Colgate-Palmolive to "overweight" while cutting Clorox to "underweight". EA Electronic Arts–EA named Andrew Wilson, the head of its EA Sports division, as its new chief executive officer. Wilson is a 13-year veteran of the company, and his appointment follows a six month search that followed the ouster of John Riccitiello. DLTR Dollar Tree–The discount retailer announced a $2 billion stock buyback program, replacing a prior repurchase program that had begun in October 2011. SBUX St...

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