Posts for Ticker ‘ICON’

52-Week High Club (COMS, AMD, PLA, BID)

3Com Corp (NASDAQ: COMS) rose over 30% to a yearly high of $7.52 after Hewlett-Packard, the PC maker, announced plans to buy 3Com for $2.7 billion.

Advanced Micro Devices Inc. (NYSE: AMD) rose over 20% to a yearly high of $6.73 after the announcement that the company would receive $1.25 billion from Intel Corp. (NASDAQ: INTC) under an agreement that ends a legal dispute between the two companies over patents and antitrust accusations.  

Playboy Enterprises Inc. (NYSE: PLA) rose over 60% to a yearly high of $4.75 because the magazine is in talks to sell itself to Iconix Brand Group (NASDAQ: ICON).

Sotheby’s (NYSE: BID) rose as high as 11% to a yearly high of $19.50 after the action house raised $117 million at a sale yesterday.  

Garrett W. McIntyre

Posted on: November 12, 2009 – 4:31 pm in Earnings, Law, Mergers and Buy Outs, , , , , ,

Top Pre-Market Analyst Downgrades (STD, XOM, HOC, ICON, TROW, VLO)

These are some the top pre-market analyst downgrades we have seen with more than two hours until the open this Tuesday morning:

  • Banco Santander (STD) Cut to Sell at UBS.
  • Exxon Mobil (XOM) Cut to Neutral at Credit Suisse.
  • Holly (HOC) Cut to Neutral at Goldman Sachs.
  • Iconix Brand Group (ICON) Cut to Neutral at Piper Jaffray.
  • T. Rowe Price (TROW) Cut to Market Perform at Wachovia.
  • Valero Energy (VLO) Cut to Neutral at Goldman Sachs.

Jon C. Ogg
November 3, 2008

Posted on: November 4, 2008 – 7:37 am in Analyst Calls, , , , , ,

The 52-Week Low Club (RBS)(NEXC)(UAL)(ICON)

Royal Bank of Scotland (RBS) Warren Buffett will not bid of bank’s insurance unit. Down to $5.87 from 52-week high of $11.50.

Nexcen Brands Inc (NEXC) Company accountants give a "going concern" opinion. Drops to $.37 from 52-week high of $13.18.

UAL (UAL) Rumors that a big carrier may go bankrupt. Sell off to $12.49 from 52-week high of $51.60.

Iconix Brand Group (ICON) Weak outlook. Falls to $13.52 from 52-week high of $24.48.

Douglas A. McIntyre

Posted on: May 19, 2008 – 2:58 pm in HI/LOW, , , ,