Posts for Ticker ‘ALV’

52-Week High Club (AMD, ASMI, ALV, CHS, GGWPQ, LFT, DE)

Advanced Micro Devices Inc. (NYSE: AMD) rose over 10% to a yearly high of $7.33 after the computer processor maker announced today that it would offer $500 million in senior notes, the cash from which will be used to purchase its 5.75 percent convertible notes due in 2012.

ASM International N.V. (NASDAQ:ASMI) rose over 5% to a yearly high of $24.69 after the semiconductor equipment maker was upgraded by Fortis Bank Nederland NV.

Autoliv Inc. (NYSE: ALV) rose over 3% to a yearly high of $41.84 after the airbag manufacturer said that production is holding up well in the fourth quarter.

Chico’s FAS Inc. (NYSE: CHS) rose over 14% to a yearly high of $15.43 after the women’s clothes retailer announced 3Q earnings of $0.13 per share, nearly doubling analysts expectations.  

General Growth Properties Inc. (OTC: GGWPQ) rose over 35% to a yearly high of $6.19 after Simon Property Group Inc. (NYSE: SPG) announced that it had hired Lazard Ltd to lookk into buying assets from General Growth.  

Longtop Financial Technologies Limited (NYSE: LFT) rose nearly 10% to a yearly high of $35.30 after the Chinese software developer said that it had added 3.7 million additional American depositary receipts priced at $31.25.

Deer & Company (NYSE: DE) rose over 6% to a yearly high of $52.28 after Jim Cramer recommended buying shares in the tractor maker, arguing that the company would benefit from increased agricultural activity.  

Garrett W. McIntyre

Early Bird Analyst Upgrades & Downgrades (BLL, ONXX, RTP, TEF, ALV, ETEL)

These are some of the early bird analyst calls we are seeing from Wall Street analysts this Thursday morning:

  • Ball Corporation (NYSE: BLL) Raised to Buy at Citigroup.
  • Onyx Pharmaceuticals (NASDAQ: ONXX) Raised to Overweight at JPMorgan.
  • Rio Tinto (NYSE: RTP) Raised to Buy at Deutsche Bank.
  • Telefonica (NYSE: TEF) Raised to Outperform at Credit Suisse.
  • Autoliv (NYSE: ALV) Raised to Overweight at Morgan Stanley.
  • eTelecare Global Solutions (NASDAQ: ETEL) Cut to Neutral at Baird.

Jon C. Ogg
December 11, 2008

Top Pre-Market Analyst Downgrades (ADCT, ALV, CAT, FORM, GMR, GIII, MIR, SNIC, TGT, TOPS, WM, ZMH)

These are some of the top downgrades or negative analyst calls we are seeing this Wednesday morning in early pre-market hours:

  • ADC Telecom (ADCT) Cut to Neutral at Baird; Cut to Market Perform at FBR.
  • Autoliv (ALV) Cut to Hold at Deutsche Bank.
  • Caterpillar (CAT) Cut to Neutral at JPMorgan.
  • FormFactor (FORM) Cut to Perform  at Oppenheimer.
  • General Maritime (GMR) Cut to Neutral at JPMorgan.
  • G-III Apparel Group (GIII) Cut to Market Weight at Thomas Weisel.
  • Mirant (MIR) Cut to Equal Weight at Lehman.
  • Sonic Solutions (SNIC) Cut to Neutral at JPMorgan.
  • Target Corp. (TGT) Cut to Neutral at Credit Suisse.
  • Top Ships (TOPS) Cut to Underweight at JPMorgan.
  • Washington Mutual (WM) Cut to Sell at Piper Jaffray.
  • Zimmer Holdings (ZMH) Cut to Neutral at Piper Jaffray.

Jon C. Ogg
July 23, 2008