Posts for Ticker ‘CVG’

Implications of Major S&P Component Changes (MJN, MBI, V, CIEN, CLF, DYN, KBH, GMCR, BTH, CHP, CVG, ROST, CLF, SNH, ATW, DY, KELYA, ELY)

Standard & Poor’s often makes S&P index changes for the S&P 500, the S&P Mid-Cap 400 and the S&P Small Cap 600 at the end of the year.  This probably is not going to be the last component shuffling before the end of the year, but this is likely to create some action in several very active stocks.  Some of the big changes announced Friday evening were Mead Johnson Nutrition Co. (NYSE: MJN), MBIA Corp. (NYSE: MBI), Visa Inc. (NYSE: V), Ciena Corp. (NASDAQ: CIEN), Cliffs Natural Resources Inc. (NYSE: CLF), Dynegy Inc. (NYSE: DYN), KB Home Inc. (NYSE: KBH) and Green Mountain Coffee Roasters Inc. (NASDAQ: GMCR).

Some of these changes will only have minor buy and sell effects from S&P index mutual funds and ETFs, but some will see significant changes.
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Posted on: December 12, 2009 – 11:24 am in Financial Stocks, Index, Mutual Funds, , , , , , , , , , , , , , , , ,

Top Analyst Upgrades (COF, CMCSA, CMA, CNXT, CVG, DEPO, DTSI, QSFT, SY, WFC, WEN)

There were many more upgrades than downgrades seen early this Monday morning.  These are top upgrades and positive research calls from Wall Street analysts we have seen so far:

Capital One Financial (NYSE: COF) Raised to Conviction Buy List at Goldman Sachs.
Comcast (NASDAQ: CMCSA) Raised to Outperform at Wells Fargo.
Comerica (NYSE: CMA) Raised to Neutral from Sell at Goldman Sachs.
Conexant Systems (NASDAQ: CNXT) Started as Outperform at Oppenheimer.
Convergsys (NYSE: CVG) Raised to Buy at Citigroup.
Depomed (NASDAQ: DEPO) Started as Buy at Merriman Curhan Ford.
Digital Theater Systems (NASDAQ: DTSI) Raised to Buy at Deutsche Bank.
Quest Software (NASDAQ: QSFT) Raised to Buy at Auriga.
Sybase (NYSE: SY) Started as Buy at BofA/Merrill Lynch.
Wells Fargo & Co. (NYSE: WFC) Raised to Buy at Goldman Sachs.
Wendy’s/Arby’s (NYSE: WEN) Started as Buy at SunTrust Robinson Humphrey.

You can join our open email distribution list which goes out several times per week for reminders of the analyst upgrades and downgrades, top day trader alerts, IPO’s, key secondary offerings, guru investor data on Buffett and others, mergers, and more.

JON C. OGG

Posted on: October 5, 2009 – 7:23 am in Analyst Calls, Banking, Technology Companies, , , , , , , , , , ,

The 52-Week Low Club (PDGI)(PRXL)(LVS)(USG)(MF)(CVG)

Sad_clownConvergys (CVG) Posts a loss and weak forecast. Drops to $6.82 from 52-week high of $19.18.

MF Global (MF) No major news. Drops to $1.93 from 52-week high of $32.20.

USG Corporation (USG) May have violated lending agreement. Falls to $14.23 from 52-week high of $40.25.

Las Vegas Sands (LVS) Casino stocks out of vogue. Sells down to $4.32 from 52-week high of $148.76.

PAREXEL International (PRXL) Revenue shortfall. Plummets to $6.84 from 52-week high of $36.16.

Pharmanet (PDGI) No news. Sells off to $1 from 52-week high of $43.02.

Douglas A. McIntyre

Posted on: October 28, 2008 – 3:01 pm in HI/LOW, , , , , ,

The 52-Week Low Club 7/25/2008 (SSP)(MNI)(CVG)(ATI)(CROX)(AFFX)

Sad_clownScripps (SSP) Newspaper stock takes big hit on earnings. Falls to $7.17 from 52-week high of $147.78.

McClatchy Newspapers (MNI) Another newspaper company with problems. Sells down to $4.30 from 52-week high of $26.43.

Convergys (CVG) Still dropping after downgrade, to $11.77 against 52-week high of $20.

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Posted on: July 25, 2008 – 3:49 pm in HI/LOW, , , , , ,

The 52-Week Low Club 7/23/2008 (MIR)(CVG)(ADTC)(FORM)

Sad_clownMirant (MIR) Downgrade from Lehman Brothers. Falls off to $30.90 from 52-week high of $44.61.

Convergy (CVG) Good profits, but cuts forecast. Sells down to $12.69 from 52-week high of $24.30.

A D C Telecommunications (ADTC) Poor outlook with earnings. Drops to $9.70. from 52-week high of $21.

FormFactor (FORM) Oppenheimer downgrade. Dips to $15.56 from 52-week high of $48.48.

Douglas A. McIntyre

Posted on: July 23, 2008 – 2:55 pm in HI/LOW, , , ,