Posts for Ticker ‘EQ’

Media Digest 10/28/2008 Reuters, WSJ, NYTimes, FT, Bloomberg

NewspaperAccording to Reuters, GM (GM) and Chrysler have asked the government for $10 billion to close their merger.

Reuters reports that  Boeing (BA) and its machinists have entered into a tentative labor agreement.

Reuters reports that Honda (HMC) cuts its sales forecasts due to the financial crisis.

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Posted on: October 28, 2008 – 2:46 am in Press Digest, , , , , , , , , , , , ,

Top 10 Pre-Market Analyst Calls (AGN, SCOR, BOOM, EQ, GPS, HRC, JWN, MORN, PCLN, RSH)

These are ten of the analyst calls we see impacting shares this Friday morning:

  • Allergan (NYSE: AGN) cut to Hold at Jefferies.
  • ComScore (NASDAQ: SCOR) raised to Outperform at Oppenheimer.
  • Dynamic Materials (NASDAQ: BOOM) cut to Neutral at JP Morgan.
  • Embarq (NYSE: EQ) raised to buy at Deutsche Bank.
  • Gap Inc. (NYSE: GPS) cut to Neutral at Banc of America.
  • Hill-rom (NYSE: HRC) started as Outperform at Oppenheimer.
  • Nordstrom (NYSE: JWN) raised to Outperform at Credit Suisse.
  • Morningstar (NASDAQ: MORN) raised to Outperform at Keefe Bruyette
  • Priceline.com (NASDAQ: PCLN) cut to Hold at Citigroup.
  • RadioShack (NYSE: RSH) raised to Buy at Banc of America.

Jon C. Ogg
May 2, 2008

Posted on: May 2, 2008 – 6:55 am in Analyst Calls, , , , , , , , , ,

Top 10 Pre-Market Analyst Calls (CAT, CRUS, EQ, HCCI, MAR, MTG, PPC, R, SLB, WFC)

These are not the only calls that will be impacting stocks, but these are the initial calls that 247WallSt.com is focusing on this Monday morning:

  • Caterpillar (NYSE: CAT) Cut to Neutral from Outperform at Credit Suisse.
  • Cirrus Logic (NASDAQ: CRUS) Cut to Hold from Buy at Jefferies.
  • Embarq (NYSE: EQ) Raised to Outperform at Wachovia.
  • Heritage-Crystal Clean (NASDAQ: HCCI) started as Buy at Piper Jaffray.
  • Marriott (NYSE: MAR) Cut to Neutral from Buy at Goldman Sachs.
  • MGIC Investment Corp (NYSE: MTG) Raised to Outperform from Peer Perform at Bear Stearns.
  • Pilgrims Pride (NYSE: PPC) Raised to Outperform from Neutral at Credit Suisse.
  • Ryder System (NYSE: R) Cut to Neutral from Outperform at Baird.
  • Schlumberger (NYSE: SLB) Raised to Overweight from Equal Weight at Morgan Stanley.
  • Wells Fargo (NYSE: WFC) cut to Underperform from Perform at Oppenheimer.

Jon C. Ogg
April 21, 2008

Posted on: April 21, 2008 – 6:20 am in Analyst Calls, , , , , , , , , ,

Why Sprint’s (S) New CEO Makes No Difference

Sprint (S) appointed a new CEO today. He seems to be perfect for the job. The new man, Dan Hesse, comes from the top spot at Embarq (EQ) and used to work at Sprint. He won’t need any time to learn the ropes.

But, the stock is barely up on the news.

Sprint’s problems can’t be fixed in a quarter. It may take a year or two years. It may be that they can’t be fixed at all. That is a depressing comment to make about a company, but some issues become so malignant that they are beyond curing.

Many of Sprint’s customers don’t like the company. It has to maintain two networks. One is for the Nextel customers which the company picked up in the merger. The other is the old Sprint network. The company is thinking about building a third system of fourth generation WiMax high speed wireless. Putting that together is probably a $5 billion investment which will take two years or more.

In the meantime, Sprint is up against AT&T (T) Wireless and Verizon Wireless which is owned by Verizon (VZ) and Vodafone (VOD). Each of the larger companies is adding new customers. Sprint is not. To many people leave Sprint each quarter. There is no reason for the competition to help them with that problem.

Sprint hired the right guy, but he has a very tall mountain to climb in a very short period of time.

Douglas A. McIntyre

Posted on: December 18, 2007 – 9:48 am in Telecom, , , , ,

Pre-Market Analyst Calls (September 27, 2007)

AET started as Outperform at Wachovia.
CI started as mkt perform at Wachovia.
CEO cut to Neutral at Goldman Sachs.
EQ cut to Underweight at Morgan Stanley.
GME cut to Neutral at UBS.
HNT started as mkt perform at Wachovia.
KND raised to Mkt Perform at Wachovia.
LEVP started as outperform at CIBC.
MGA raised to outperform at CIBC.
MOGN started as Outperform at FBR.
PUK raised to outperform at Bear Stearns.
RMD cut to Neutral at UBS.
SBUX cut to Sell at B of A.
TIBX started as Neutral at Sun Trust Robinson Humphrey.
WSTL raised to Outperform at RW Baird.

Jon C. Ogg
September 27, 2007

Posted on: September 27, 2007 – 6:42 am in Analyst Calls, , , , , , , , , , , , ,

Earlybird Analyst Calls (June 14, 2007)

ACL started as Buy at Jefferies.
AMGN started as Mkt Perform at Rodman & Renshaw.
B started as Outperform at CIBC.
CBB started as Buy at UBS.
CHE started as Buy at Jefferies.
CTL raised to Neutral at UBS.
CYTX started as Mkt Perform at Piper Jaffray.
DJ cut to Reduce at UBS.
EQ raised to Buy at UBS.
ESI cut to Equal Weight at Lehman.
EYE started as Underperform at Jefferies.
GNLB started as Buy at Oppenheimer.
ILMN raised to Outperform at Bear Stearns.
ISIL raised to Buy at B of A.
MFA started as Outperform at JMP Securities.
MNKD started as Buy at B of A.
OPTT started as Outperform at Bear Stearns.
PT raised to Outperform at Credit Suisse.
RACK started as Buy at Merriman Curhan Ford.
RBC started as Sector Perform at CIBC.
SLM cut to Peer Perform at Bear Stearns.
SNY cut to Neutral at HSBC; cut to Neutral at JPMorgan.
THI raised to Outperform at CIBC.
VDSI cut to Hold at Jefferies.
VTIV raised to Strong Buy at First Albany.
WIN started as Neutral at UBS.
ZGEN started as Neutral at Oppenheimer.

Jon C. Ogg
June 14, 2007

Jon Ogg can be reached at jonogg@247wallst.com; he does not own securities in the companies he covers.

Posted on: June 14, 2007 – 6:29 am in Analyst Calls, , , , , , , , , , , , , , , , , , , , , , , , , , ,