Posts for Ticker ‘ADTN’

Top 10 Tech Earnings on Deck (INTC, LLTC, ADTN, XLNX, ASML, IBM, AMD, FCS, GOOG, NOK)

DRAM ImageWe have many key technology stocks reporting earnings this coming week.  Intel Corporation (NASDAQ: INTC) will start things off to give us a read on semiconductors and PCs. Linear Technology Corp. (NASDAQ: LLTC), ADTRAN, Inc. (NASDAQ: ADTN), Xilinx, Inc. (NASDAQ: XLNX), ASML Holding N.V. (NASDAQ: ASML), International Business Machines (NYSE: IBM), Advanced Micro Devices (NYSE: AMD), Fairchild Semiconductor International, Inc. (NYSE: FCS), Google Inc. (NASDAQ: GOOG), and Nokia Corp. (NYSE: NOK) are also all on deck for earnings this week.

We have compiled Thomson Reuters figures for the consensus estimates and appropriate performance data where needed.  We based the comparisons for the June 30 close to see how these have performed in the latest quarter and we also looked for that big inflection date of March 9 to see how much these have rallied from the height of the market panic selling.
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Posted on: October 10, 2009 – 7:35 am in Calendar, Earnings, Technology Companies, , , , , , , , , ,

Top 10 Analyst Upgrades and Downgrades (ADTN, ADS, BA, LFC, DB, EMC, FCX, FSYS, WFR, RVBD)

These are the top ten analyst calls of upgrades, downgrades, and initiations we have seen from Wall Street early this Wednesday morning with more than two hours until the market opens:

  • ADTRAN (ADTN) Started as Buy at Auriga.
  • Alliance Data (ADS) Cut to Neutral at JPMorgan.
  • Boeing (BA) Cut to Underperform at Oppenheimer.
  • China Life Insurance Co. Ltd. (LFC) Cut to Neutral at Goldman Sachs.
  • Deutsche Bank (DB) Raised to Hold from Sell at Citigroup.
  • EMC Corp. (EMC) Raised to Overweight at Barclays.
  • Freeport-McMoRan Copper & Gold Inc. (FCX) Raised to Outperform at FBR.
  • Fuel Systems Solutions (FSYS) Raised to Buy at Janney Montgomery Scott.
  • MEMC (WFR) Cut to Underweight at JPMorgan.
  • Riverbed Technology (RVBD) Started as Market Perform at FBR.

Jon C. Ogg
June 24, 2009

Posted on: June 24, 2009 – 6:25 am in Analyst Calls, , , , , , , , , ,

Top Pre-Market Analyst Downgrades (ADTN, AFL, CBS, DDUP, ENR, INWK, PCS, PTRY, RGLD, SYK)

Burning_money_pic_2These are some of this Tuesday’s top pre-market analyst downgrades and cautious research calls from Wall Street that we have seen with more than two hours until the opens:

  • ADTRAN (ADTN) Started as Equal-Weight at Barclays.
  • AFLAC (AFL) Cut to Hold at Deutsche Bank.
  • CBS (CBS) Cut to Underperform at Bernstein.
  • Data Domain (DDUP) Started as Sell at Broadpoint AmTech.
  • Energizer (ENR) Cut to Sell at UBS.
  • Innerworkings (INWK) Cut to Hold at Jefferies.
  • MetroPCS (PCS) Cut to Sector Perform ar RBC.
  • Pantry (PTRY) Cut to Market Perform at FBR.
  • Royal Gold (RGLD) Cut to Underweight at HSBC.
  • Stryker (SYK) Cut to Hold at Needham.

Jon C. Ogg
January 27, 2009

Posted on: January 27, 2009 – 7:17 am in Analyst Calls, , , , , , , , , ,

Top Pre-Market Analyst Downgrades (ADTN, AZ, CY, F, GPS, GM, IFX, LEN, ERIC, MXIM, PGR, WFMI)

Burning_money_picThese are some of the key analyst downgrades and negative calls we have seen this Tuesday morning:

  • ADTRAN (ADTN) Cut to Neutral at Baird.
  • Allianz (AZ) Started as Underperform at Jefferies.
  • Cypress Semi (CY) Cut to Underweight at JPMorgan.
  • Ford (F) Started as Sell at Societe Generale.
  • Gap Inc. (GPS) Cut to Market Perform at FBR.
  • General Motors (GM) Started as Sell at Societe Generale.
  • Infineon (IFX) Cut to Neutral at UBS.
  • Lennar (LEN) Cut to Neutral at UBS.
  • LM Ericsson (ERIC) Cut to Sell at Deutsche Bank.
  • Maxim Integrated (MXIM) Cut to Underweight at JPMorgan.
  • Progressive (PGR) Cut to Sell at Citigroup.
  • Whole Foods (WFMI) Cut to Underweight at JPMorgan.

Jon C. Ogg
December 16, 2008

Posted on: December 16, 2008 – 7:46 am in Analyst Calls, , , , , , , , , , , ,

Early Bird Pre-Market Analyst Upgrades & Downgrades (ADTN, EYE, HOC, INCY, PTR, CEG, KSS, VNO, WFMI)

These are some of the early bird analyst calls we are seeing in stocks this Thursday morning which could impact shares:

  • ADTRAN (ADTN) Raised to Outperform at Baird.
  • Advanced Medical Optics (EYE) Started as Overweight at Thomas Weisel.
  • Constellation Energy (CEG) Cut to Hold at Citigroup.
  • Holly Corp. (HOC) Raised to Buy at Goldman Sachs.
  • Incyte Corp. (INCY) Started as Buy at Goldman Sachs.
  • Kohl’s (KSS) Cut to Hold at Citigroup.
  • PetroChina (PTR) Raised to Outperform at Credit Suisse.
  • Vornado Realty Trust (VNO) Cut to Market Perform at Wachovia.
  • Whole Foods (WFMI) Started as Underperform at FBR.

Jon C. Ogg
September 18, 2008

Posted on: September 18, 2008 – 6:27 am in Analyst Calls, , , , , , , , ,

Top Pre-Market Analyst Downgrades (ADCT, ADTN, CBI, CIEN, CSCO, PAC, OESX, SAI, TWTC, USB, VRAZ)

These aren’t all of the downgrades or negative analyst calls we have seen this Wednesday, but these are some of the impact analyst calls we are seeing:

  • ADC Telecommunications (NASDAQ: ADCT) Cut to Neutral from Outperform at Credit Suisse.
  • Adtran (NASDAQ: ADTN) Cut to Underperform from Neutral at Credit Suisse.
  • Chicago Bridge & Iron (NYSE: CBI) Cut to Neutral at JPMorgan.
  • Ciena (NASDAQ: CIEN) Cut to Underperform from Outperform at Credit Suisse.
  • Cisco Systems (NASDAQ: CSCO) Cut to Neutral from Outperform at Credit Suisse.
  • Grupo Aeroportuario (NYSE: PAC) Cut to Sell from Neutral at Goldman Sachs.
  • Orion Energy Systems (NASDAQ: OESX) Cut to Market Weight at Thomas Weisel.
  • SAIC (NYSE: SAI) Cut to Neutral from Outperform at Cowen.
  • TW Telecom (NASDAQ: TWTC) Cut to Underweight from Overweight at JPMorgan.
  • US Bancorp (NYSE: USB) Cut to Sell from Hold at Deutsche Bank.
  • Veraz Networks (NASDAQ: VRAZ) Cut to Underperform from Hold at Jefferies.

Jon C. Ogg
July 16, 2008

Posted on: July 16, 2008 – 6:44 am in Analyst Calls, , , , , , , , , , ,

52-Week Low Club: Transport, Semiconductors & Financials (January 2, 2008)

Truckers led the drop after a fake $100 oil print and after a YRC Worldwide (NASDAQ: YRCW) acquisition write-down, pulling down Arkansas Best (NASDAQ: ABFS) and others.  With no surprise, airlines followed suit with Airtrain (AAI), AMR Corp. (NYSE: AMR), Continental Airlines (NYSE:CAL), Delta (NYSE: DAL), FedEx (FDX), Jetblue (NASDAQ:JBLU), Mesa Air (NASDAQ: MESA), Northwest Air (NYSE: NWA), Southwest Airlines (NYSE:LUV), US Air (NYSE: LCC).

Chip and tech stocks on 52-week lows: AMAT, AMD, ADTN, ARRS, ATML, BBND, CHRT, FCS, FEIC, IDTI, IM, KLAC, KLIC, LRCX, LSCC, LSI, MCRL, MRVL, MU, NSM, STM, TER, XLNX

Financial Giants on 52-Week lows: BAC, BBT, BSC, CYN, DFG, EFX, FIC, FITB, FHN, MCO, NCC, PNSN, SNV, SBP, WFC, ZION.

We kept the REIT’s and the usual suspects in retail off the list that have been here day in and day out (although many hit new 52-week lows).  Here is the huge list of others 52-week lows:

  • Automatic Data (ADP), Cardinal Health (CAH), Career Education (CECO), Diebold (NYSE: DBD), EchoStar (DISH), Superior Offshore (DEEP), Dow Chemical (DOW), Eastman Kodak (EK), Emmis (EMMS), Ford (F), Fortune Brands (FO), General Motors (GM), Hasbro (HAS), Helen of Troy (HELE), Interpublic (IPG), Mattel (MAT), McClatchy (MNI), Media General (MEG), Nortel Networks (NT), Owens Corning (OC), Paychex (OPAYX), PHH Corp. (PHH), Playboy (PLA), Radio Shack (RSH), Rite Aid (RAD), Sherwin Williams (SHW), Sprint Nextel (S), Starbucks (SBUX), Starwood Hotels (HOT), Sun Microsystems (JAVA), Symantec (SYMC), Travelzoo (TZOO), VF Corp (VFC), Warner Music Group (WMG), Waste Management (WMI), Weight Watchers (WTW), Wendy’s (WEN)

Imagine how large this list would have been if retailers and REIT’s were included.
Jon C. Ogg
January 2, 2008

Posted on: January 2, 2008 – 4:23 pm in HI/LOW, , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Pre-Market Stock News (July 17, 2007)

(ADTN) Adtran $0.28 EPS versus $0.28 estimate.
(AIZ) Assurant CEO and CFO received SEC WELLS NOTICE.
(ASD) American Standard noted as a positive ahead of split-up by Cramer on MAD MONEY.
(CVO) Cenveo is acquiring Commercial Envelope.
(DJ) Dow Jones has reportedly reached some terms with News Corp. over the merger according to WSJ reports; actual status varies from source to source so consider this still an outstanding issue until formal statements are made from one or both companies.
(ELS) Equity Lifestyle $0.59 EPS vs $0.58 estimate.
(ENCY) Encysive retained Morgan Stanley to assist in strategic review.
(FCFS) First Cash Financial $0.27 EPS vs $0.26 estimate.
(JNJ) J&J $1.05 EPS vs $1.00 estimate.
(KEY) KeyCorp $0.86 EPS vs $0.70e; raised guidance as well, but unsure if comparable.
(KO) Coca-Cola $0.85 EPS vs. $0.82 estimate.
(LYO) Lyondell is being acquired by Basell for $48.00 per share.
(MDT) Medtronic received approval for artificial disc for the neck.
(MER) Merrill Lynch $2.24 EPS vs $2.02 estimate.
(NLS) Nautilus traded down 12% after earnings.
(PHTN) Photon Dynamics sees results under plan for Q3.
(PHG) Philips Electronics noted positively as European play by Cramer on MAD MONEY.
(RF) Regions Financial $0.69 EPS vs $0.69 estimate.
(STT) State Street $1.07 EPS vs $1.01 estimate.
(WFC) Wells Fargo unveiled a money transfer program.
(WGOV) Woodward Governor noted positively by Cramer on MAD MONEY.
(XLNX) Xilinx’s Spartan-3E and MicroBlaze soft processor selected for Samsung Electronics’ latest digital video surveillance system.

Jon C. Ogg
July 17, 2007

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

Posted on: July 17, 2007 – 7:02 am in Pre-Market Activity, , , , , , , , , , , , , , , , , , , , , ,