Posts for Ticker ‘COO’

52-Week High Club (MMM, COO)

3M Company (NYSE: MMM) rose nearly 4% to a yearly high of $79.93 after the Post-It Notes maker was upgraded to “buy” by Jeffrey Sprague of Citigroup.

The Cooper Companies Inc (NYSE: COO) surged over 13% to a yearly high of $38.33 after the maker of optical lenses, surgical instruments and diagnostic products forecast 2010 earnings of $2.45 per share, beating analysts estimates.

Garrett W. McIntyre

Posted on: December 9, 2009 – 4:04 pm in Healthcare, , ,

Top 10 Pre-Market Analyst Calls (ATVI, ALTH, BHI, BSC, GS, LEH, COO, CEPH, MRVL, TIF, PAY, XMSR)

These are not the only impact-calls affecting stocks from analysts in pre-market trading, but these are the ones that 24/7 Wall St. is focusing on:

  • Activision (ATVI) raised to Overweight at Lehman.
  • Allos Therapeutics (ALTH) started as Buy at Banc of America.
  • Baker Hughes (BHI) started as Buy at Oppenheimer.
  • Bear Stearns (BSC), Goldman Sachs (GS) & Lehman Bros. all downgraded to Sell from Market Perform at Punk Ziegel.
  • CNOOC Ltd. (COO) downgraded to Neutral from Outperform at Credit Suisse.
  • Cephalon (CEPH) raised to Outperform at FBR.
  • Marvell Tech (MRVL) reinitiated with coverage at Buy at Merrill Lynch.
  • Tiffany & Co. (TIF) downgraded to Neutral from Buy at Banc of America.
  • VeriFone (PAY) downgraded to Neutral at Merrill Lynch.
  • XM Satellite Radio downgraded to SELL at Goldman Sachs.

Jon C. Ogg
December 4, 2007

Posted on: December 4, 2007 – 8:09 am in Analyst Calls, , , , , , , , , , , ,

Jim Cramer Ponders Which US Companies China Will Acquire

On today’s STOP TRADING segment on CNBC, Jim Cramer was discussing China’s desire to grow and acquire.  He noted that with so many companies being some of the largest in the world that some large acquisitions "could" be desired.  We want to emphasize that "can" is different than "will" before trusting this without any thought.

Pertochina (NYSE:PTR) is one of the largest companies with a $260+ Billion market cap and it might want a Gulf of Mexico oil play or another oil play.  Cramer noted that it could go after Halliburton (NYSE:HAL), Anadarko (NYSE:APC), or Apache (NYSE:APA).  Cramer also noted that China Mobile (NYSE:CHL) might want to own a Motorola (NYSE:MOT).

Cramer noted a couple of plays that will benefit from growth in China: Focus Media (NASDAQ:FMCN) is a way to play advertising for China’s Olympics, but Wynn (NASDAQ:WYNN) may be the best way to play the emerging China wealth emerging that will gamble in Macau.

Keep in mind, that China’s CNOOC (NYSE:COO) was blocked from acquiring Unocal by regulators in recent years.  So a deal of the sizes proposed here may be more for conversation’s sake rather than for speculating on a buyout.

Jon C. Ogg
September 4, 2007

Jon Ogg can be reached at jonogg@247wallst.com; he produces the Special Situation Investing Newsletter and he does not own securities in the companies he covers.

Posted on: September 4, 2007 – 1:57 pm in China, Cramer, Mergers and Buy Outs, , , , , , , , ,