Posts for Ticker ‘AXYS’

The Unusual Suspects (ATVI, AIG, ALTH, TREE, GOOG, PAY, EXPO, WIRE, AXYS)

bull-and-bear-image2We have almost a whole new slate of stocks in this week’s round of “The Unusual Suspects” for key stocks traders need to keep an eye on for the week ahead.  Activision Blizzard Inc. (NASDAQ: ATVI) was singled out by Barron’s.  We ran a bit noting $100 as a possible target for American International Group Inc. (NYSE: AIG), and let’s just say that it was widely read.  Allos Therapeutics Inc. (NASDAQ: ALTH) has a key FDA ruling this coming week.  Tree.com, Inc. (NASDAQ: TREE) may have its model crushed by none other than Google Inc. (NASDAQ: GOOG).  And troubled VeriFone Holdings, Inc. (NYSE: PAY) has earnings due this coming week, right at a key stock inflection point.  Exponent Inc. (NASDAQ: EXPO) and Encore Wire Corp. (NASDAQ: WIRE) are S&P index additions as new entrants.  Axsys Technologies Inc. (NASDAQ: AXYS) also has a shareholder proxy date this week, and some think a higher buyout price may be in the works.  We have run key details and previews for all of these to watch in the coming week.

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Posted on: August 29, 2009 – 12:00 pm in Activist Investor, Analyst Calls, Biotech, Calendar, Charts, Earnings, Editor's Picks, FDA, Financial Stocks, Index, Internet, Mergers and Buy Outs, Rumors, Technology Companies, The Week, Video Games, , , , , , , , ,

Axsys Buyout Looks On The Cheap (AXYS, GD)

Money Stack ImageBurning Money PicGeneral Dynamics (NYSE: GD) entered into a definitive agreement to acquire Axsys Technologies, Inc. (NASDAQ: AXYS) in a deal that is at a high premium if you consider the recent rally.  But this merger price is a rather low premium to recent trading, and it is a very unexciting premium if you compare the price to yesterday’s $50.00 close.  The $54.00 per share offer comes to roughly $643 million for a ‘whopping’ 8% premium, and the transaction has  been approved by the boards of directors of both companies.  We have several reasons to believe that this merger may need to command a higher price premium despite what the companies have agreed to.
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Posted on: June 4, 2009 – 11:00 am in Defense, Mergers and Buy Outs, Rumors, Trading Alert, ,

Top Pre-Market Analyst Upgrades (AXYS, CRXL, DFT, LVLT, LGND, NOC, OXGN, PFE)

money_stack_pic9These are some of this morning’s top pre-market analyst upgrades and positive research calls from Wall Street this Thursday morning with over two hours until the market opens:

  • Axsys Technologies (AXYS) Raised to Overweight at JPMorgan.
  • Crucell (CRXL) Started as Buy at Jefferies.
  • DuPont Fabros Technology (DFT) Raised to Outperform at Wachovia.
  • Level 3 Communications (LVLT) Raised to Hold at Stanford.
  • Ligand Pharmaceuticals (LGND) Started as Buy at Merriman Curhan Ford.
  • Northrop Grumman (NOC) Raised to Outperform at Bernstein.
  • Oxigene (OXGN) Started as Buy at Merriman Curhan Ford.
  • Pfizer (PFE) Raised to Outperform at Leerink Swann.

Jon C. Ogg
February 12, 2009

Posted on: February 12, 2009 – 7:29 am in Analyst Calls, , , , , , , , , ,

Early Analyst Calls (AF)(AXYS)(FEED)(YUM)

Deutsche_bank_logoAstoria (AF) remains "underperform" at FBR.

Axsys (AXYS) upped to "buy" at Morgan Joseph.

Yum! (YUM) upgraded to "buy" at Argus.

AgFeed (FEED) downgraded to "neutral" at Global Hunter.

Sources: Briefing.com and wire services.

Douglas A. McIntyre

Posted on: December 30, 2008 – 8:01 am in Analyst Calls, , , ,

Top Analyst Upgrades & Downgrades (ACM, AXYS, CTAS, CVD, GILD, PPDI, VISN, EPG, VTIV)

Money_stack_picIt is getting pretty thin in major analyst coverage as firms are encouraged to go easy on major year-end calls barring anything unexpected.  These are the top analyst upgrades, downgrades, and new coverage calls we have seen this Tuesday morning:

  • AECOM (ACM) Started as Outperform at Baird.
  • Axsys Technologies (AXYS) Raised to Outperform at Morgan Keegan.
  • Cintas (CTAS) Started as Overweight at JPMorgan.
  • Covance (CVD) Started as Buy at Piper Jaffray.
  • Gilead (GILD) Started as Buy at Stanford Group.
  • PPD Inc. (PPDI) STarted as Buy at Piper Jaffray.
  • VisionChina Media (VISN) Strated as Buy at Piper Jaffray.
  • Environmental Power Corp. (EPG) Cut to Neutral at Merriman Curhan Ford.
  • inVentiv Health (VTIV) Cut to Hold at Jefferies.

Jon C. Ogg
December 23, 2008

Posted on: December 23, 2008 – 7:38 am in Analyst Calls, , , , , , , , ,

Top Pre-Market Analyst Downgrades (AXP, AXYS, BJ, CAVM, ERTS, ERIC, FLIR, FTI, GE, HTLD, KNX, NKE, SINA)

These are the top downgrades or negative calls we have seen this Wednesday morning from Wall Street analysts:

  • American Express (AXP) Started as Sell at Banc of America; Started as Sell at Citigroup.
  • Axsys Technologies (AXYS) Cut to Underweight at JPMorgan.
  • BJ’s Wholesale (BJ) Cut to Neutral at JPMorgan.
  • Cavium Networks (CAVM) Cut to Market Weight at Thomas Weisel.
  • Electronic Arts (ERTS) was downgraded at Citigroup, Banc of America, and piper Jaffray.
  • Ericsson (ERIC) Cut to Hold at Citigroup.
  • FLIR Systems (FLIR) Cut to Neutral at JPMorgan.
  • FMC Tech (FTI) Cut to Sell at UBS.
  • General Electric (GE) Cut to Neutral at UBS.
  • Heartlan Express (HTLD) Cut to Sell at UBS.
  • Knight Transportation (KNX) Cut to Sell at UBS.
  • Nike (NKE) Cut to Neutral at Banc of America.
  • Sina (SINA) Cut to Hold at Citigroup.

Jon C. Ogg
December 10, 2008

Posted on: December 10, 2008 – 8:10 am in Analyst Calls, , , , , , , , , , , , ,