Posts for Ticker ‘ANAD’

The 52-Week Low Club 8/8/2008 (CCOI)(ANAD)(WAVE)(PRX)(CDE)

Sad_clownCoeur d’Alene Mines (CDE) Company posts loss in most recent quarter. Drops to $2 from 52-week high of $5.18.

Par Pharmaceutical (PRX) Cuts full-year guidance. Drops to $12.82 from 52-week high of $24.50.

Nextwave Wireless (WAVE) Low on cash. Falls to $.89 from 52-week high of $7.49.

ANADIGICS  (ANAD) Warns on earnings and is downgraded. Sells off to $3.06 from 52-week high of $19.53.

Cogent (CCOI) Cuts revenue and earnings forecasts. Plunges to $7.31 from 52-week high of $30.16.

Douglas A. McIntyre

Top 10 Pre-Market Analyst Calls (ADCT, ALXN, ANAD, CCJ, ENR, GENZ, IPI, IVZ, SPLS, JAVA)

These are some of the top analyst calls we are looking at this Wednesday morning:

  • ADC Telecom (NASDAQ: ADCT) raised to Buy from Hold at Jefferies.
  • Alexion Pharma (NASDAQ: ALXN) started as Buy at Jefferies.
  • Anadigics (NASDAQ: ANAD) cut to Perform from Outperform at Oppenheimer.
  • Cameco (NYSE: CCJ) cut to Neutral from Buy at UBS.
  • Energizer (NYSE: ENR) started as Outperform at Bernstein.
  • Genzyme (NASDAQ: GENZ) raised to Outperform at Bernstein.
  • Intrepid Potash (NYSE: IPI) started as Sell at Soleil.
  • InVesco (NYSE: IVZ) started as Buy at Jefferies.
  • Staples (NASDAQ: SPLS) raised to Buy from Hold at Jefferies.
  • Sun Microsystems (NASDAQ: JAVA) Raised to Outperform from Market Perform at Wachovia.

Jon C. Ogg
May 14, 2008

The 52-Week Low Club (ESI)(AVR)(SMSI)(ANAD)

Cott Corp (COT) Job cuts. Falls to $3.81 from 52-week high of $17.33.

ITT Educational Services (ESI) Cuts outlook. Student loan market is rough. Drops to $52.40 from 52-week high of $131.81.

Aventine Renewable Energy (AVR) Money locked up in auction-rate market. Shares off to $6.37 from 52-week high of $20.85.

Smith Micro Software (SMSI) Downgraded due to acquisition costs. Drops to $5.33 from 52-week high of $21.20.

ANADIGICS (ANAD) Still dropping days after poor Q1 outlook. Down to $7.45 from 52-week high of $19.53.

Douglas A. McIntyre

Anadigic (ANAD) Down Over 20%

Anadigic (ANAD) reported a third-quarter profit that missed its own forecast, hurt by manufacturing inefficiencies from the rapid build up of production capacity, according to Reuters. The shares are off over 20% to $15.20.

ANAD reported record quarterly third quarter 2007 net sales of $59.5 million, an increase of 10.5% compared with net sales of $53.9 million in the prior quarter, and an increase of 35.5% compared to net sales of $43.9 million in the year ago quarter.

Net income was $2.4 million or $0.04 per share, compared with net income of $1.9 million, or $0.03 per share in the prior quarter and net loss of $1.3 million, or $0.03 per share in the year ago quarter

Douglas A. McIntyre

Earlybird Analyst Calls (June 19, 2007)

ACLI cut to Hold at Deutsche Bank.
ACOR raised to Buy at B of A.
AGO cut to Underweight at JPMorgan.
ANAD started as Buy at Oppenheimer.
ANET cut to Neutral at Baird.
ATHR started as Buy at Oppenheimer.
AV cut to Mkt Perform at JMP Securities.
BAC raised to Buy at UBS.
BEAS cut to Neutral at UBS.
CHD started as Buy at Sun Trust Robinson Humphrey.
CI raised to Neutral at B of A.
EGLE started as Neutral at JPMorgan.
EPIC started as Buy at Sun Trust Robinson Humphrey.
GNK started as Overweight at JPMorgan.
GNTX raised to Buy at B of A.
KNX raised to Outperform at Wachovia.
LCC raised to Neutral at UBS.
MCHP cut to Mkt Perform at Piper Jaffray.
QMAR started as Neutral at JPMorgan.
SDXC started as Buy at Kaufman Bros.
SKH started as Buy at Jefferies.
SRE raised to Buy at Citigroup.
TZIX started as Buy at Deutsche Bank.
WERN raised to Outperform at Wachovia.
YRCW cut to Mkt Perform at Wachovia.

Jon C. Ogg
June 19, 2007

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