Posts for Ticker ‘ATML’

Top 10 Analyst Upgrades & Downgrades (APC, ATML, CBY, CEO, EXR, N, OXY, OZM, PSA, WFC)

These are ten of the top pre-market analyst calls we have seen early this Tuesday morning with more than two hours until the market opens:
Anadarko Petroleum (APC) Cut to Equal Weight at Barclays.
Atmel (ATML) Raised to Outperform at FBR.
Cadbury Schweppes (CBY) Raised to Neutral at JPMorgan.
CNOOC Ltd (CEO) Cut to Neutral at JPMorgan.
Extra Space Storage (EXR) Cut to Underweight at KeyBanc.
Netsuite (N) Cut to Sell at Piper Jaffray.
Occidental Petroleum (OXY) Raised to Outperform at Barclays.
Och-Ziff Capital (OZM) Raised to Outperform at KBW.
Public Storage (PSA) Cut to Underweight at KeyBanc.
Wells Fargo (WFC) Started as Outperform at Oppenheimer.

JON C. OGG

Top Pre-Market Analyst Downgrades (AXP, ATML, BX, CHA, CYPB, HPQ, SLAB, UBS, WSM)

These are some of the top pre-market analyst downgrades or cautious calls we have seen from Wall Street firms early this Wednesday morning:

American Express (AXP) Cut to Underweight at JPMorgan.
Atmel (ATML) Cut to Market Perform at FBR.
Blackstone (BX) Cut to Market Perform at KBW.
China Telecom (CHA) Cut to Sell at Citigroup.
Cypress Bioscience (CYPB) Cut to Perform at Oppenheimer.
Hewlett-Packard (HPQ) Started as Outperform at RBC.
Silicon Laboratories (SLAB) Cut to Market Perform at FBR.
UBS (UBS) Cut to Underperform at KBW.
Williams-Sonoma (WSM) Cut to Underweight at Barclays.

JON C. OGG

Early Bird Analyst Upgrades (ATML, ELN, FDP, ICLR, SLW, SMA)

Money_stack_picThese are some of the top pre-market analyst upgrades from Wall Street which we have seen this Tuesday morning with more than two hours until the open:

  • Atmel (NASDAQ: ATML) Started as Buy at Goldman Sachs.
  • Elan (NYSE: ELN) Raised to Buy at Canaccord.
  • Fresh Del Monte (NYSE: FDP) Started as Buy at Jefferies.
  • Icon (NASDAQ: ICLR) Raised to Buy at Goldman Sachs.
  • Silver Wheaton (NYSE: SLW) Raised to Buy at UBS.
  • Symmetry Medical (NYSE: SMA) Raised to Market Perform at Wachovia.

Jon C. Ogg
January 13, 2009

Media Digest 12/16/2008 Reuters, WSJ, NYTimes, FT, Bloomberg

NewspaperAccording to Reuters, retail sales will probably drop further after the holidays.

Reuters reports that the shock waves of the Madoff scandal are spreading around the financial world.

Reuters writes that the auto bailout will be announced by Wednesday.

Read More »

Atmel Merger Odd, But Proves Mergers Still Possible (ATML, MCHP, ONNN)

Atmel_logoAtmel Corporation (NASDAQ: ATML) is going to be trading up big this morning.  Shares are currently halted on the news that Microchip Technology Incorporated (NASDAQ: MCHP) and ON Semiconductor Corporation (NASDAQ: ONNN) have sent a proposal to Atmel to acquire the company for $5.00 per share in cash.

Read More »

Early Bird Analyst Upgrades (NLY, ATML, DWA, NVS, PRM, SSCC, SNWL)

These are not all of the upgrades and positive analyst calls on Wall Street this morning, but these are the ones we are focusing on early this Tuesday morning:

  • Annaly Capital (NLY) Raised to Buy at Merrill Lynch.
  • Atmel (ATML) Started as Buy at UBS.
  • Dreamworks Animation SKG (DWA) Raised to Buy at Merrill Lynch.
  • Novartis (NVS) Raised to Neutral from Underperform at Credit Suisse.
  • Primedia (PRM) Raised to Neutral at JPMorgan.
  • Smurfit-Stone Container (SSCC) Raised to Buy at Goldman Sachs.
  • SonicWall (SNWL) Started as Outperform at Baird.

Jon C. Ogg
September 23, 2008

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

September Nasdaq Short Interest

Short interest in several large Nasdaq traded companies fell sharply in September. The figures are calculated as of September 14 and are compared to numbers from August 15, 2007.

Short interest in Level 2 (LVLT) fell 6.3 million to 123 million. Comcast (CMCSA) short interest fell 16.1 million shares to 97.2 million. Shares sold short in Yahoo! (YHOO) dropped 11 million to 51.3 million.

Stocks that saw large increases in short interest included Sun Microsystems (JAVA) where share short hit 89.5 million, up 28.5 million.

Largest Short Positions

Company                                       Shares Short

Level 3                                           123 milllion shares short

Comcast                                          97.1 million

Charter (CHTR)                                 95.4 million

Microsoft (MSFT)                              83.0 million

Sirius (SIRI)                                      81.1 million

Intel (INTC)                                       74.4 million

Sun                                                 69.5 million

Yahoo!                                             51.3 million

Cisco (CSCO)                                   48.3 million

Oracle (ORCL)                                  43.2 million

Symantec (SYMC)                            39.0 million

Amazon (AMZN)                               38.2 million

Largest Increases

Sun                                                  28.4 million

Atmel (ATML)                                    22.2 million

RF Micro (RFMD)                              10.5 million

Network Appliance (NTAP)                  8.8 million

Verisign (VRSN)                                7.0 million

Take-Two (TTWO)                              6.1 million

Largest Decreases

Comcast                                           18.1 million share decrease

Microsoft                                           14.1 million share decreae

Appled Materials                                13.1 million

Yahoo!                                              11.0 million

Sirius                                                 9.9 million

Intel (INTC)                                         9.8 million

Cisco                                                 9.1 million

Data from NASDAQ and WSJ

Douglas A. McIntyre

Pre-Market Stock News (June 28, 2007)

(AAPL) Apple’s iPhone launches tomorrow.
(ABPI) Accentia Biopharma announced favorable interim blinded data on SinuNase in its fast-tracked pivotal Phase III clinical trial.
(ALVR) Alvarion in pact with Australian government over a WiMAX contract for rural and regional broadband.
(AMSC) American Superconductor won two new Dept of Energy superconductor power grid projects totaling $21.7 million.
(ATML) Atmel $0.06 EPS vs $0.05e.
(BBBY) Bed Bath & Beyond $0.38 EPS vs $0.37e.
(BZH) Beazer Homes fired chief accounting officer.
(CAMD) California Micro lowered guidance.
(CRMT) America’s Car-Mart $0.12 EPS vs $0.10e.
(D) Dominion will initiate a modified Dutch Auction for roughly 55 million shares of its own common stock.
(DRIV) Digital River traded down more than 10% after an earnings warning.
(F) Ford announced zero percent financing incentives for 3-years.
(GIS) General Mills $0.62 EPS vs $0.63e.
(GRB) Gerber Scientific $0.24 EPS vs $0.23e.
(IMA) Inverness Medical announces FDA clearance of the BinaxNOW malaria antigen detection rapid test.
(KBH) KB Homes -$1.93 EPS vs $0.07e; unsure if charges are in numbers.
(NVLS) Novellus guides orders and bookings toward lower-end of prior range.
(PALM) Palm announces earnings after the close.
(PAYX) Paychex $0.36 EPS vs $0.36e.
(PLA) Playboy is opening a Playboy Mansion in Macau in 2009 according to USA Today.
(RAD) Rite-Aid $0.04 EPS vs -$0.01 estimate; unsure if comparable.
(RHT) Red Hat $0.16 EPS & $118.9M revenues (estimates were $0.15/$117.15M).
(RIMM) R-I-M announces earnings after the close.
(STZ) Constellation Brands names Rob Sands CEO effective July 26.
(TASR) Taser formed an alliance with iRobot.
(VOD) Vodafone is in talks to get Apple’s iPhone exclusive in Europe.

Jon C. Ogg
June 28, 2007

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

Shorting the NASDAQ Hi-Flyers (June 2007) (ATML, CNXT, CHTR, CMGI, FNSR, LVLT, PMCS, SIRI, SUNW, COMS)

Stock Tickers:    ATML, CNXT, CHTR, CMGI, FNSR, LVLT, PMCS, SIRI, SUNW, COMS

It is always interesting to see how short interest changes month to month in the lower priced more active stocks on NASDAQ that get attention from the fast money and retail investor with a degree of fervor.  Here is a list of the changes from May to June, and you can tell that the changes here show more short sellers increasing their activity over the last month.

Company (Ticker)                     JUNE      MAY      CHANGE
Atmel (ATML)                            10.67M   9.70M     +9.9%
Conexant (CNXT)                     45.8M    40.5M      +12.8%
Charter Comm. (CHTR)         90.8M    91.1M      (-0.25%)
CMGI (CMGI)                             33.5M    27.3M      +22.5%    
Finisar (FNSR)                         29.4M    25.2M      +16.6%
Level 3 (LVLT)                          119.9M   109.3M   +9.7%
PMC-Sierra (PMCS)                 28.1M    25.8M      +8.8%
SIRIS (SIRI)                               101M      91.2M     +10.7%
Sun Micro (SUNW)                   28.9M    30.2M       (-4.2%)   
3COM (COMS)                          25.8M     21.5M      +19.6%   

The NASDAQ 100 Trust (QQQQ) saw its short interest rise more than 26%, with its short interest carried at 197.6 million shares in June compared to 156.6 million in May.  Stay tuned Wednesday as we’ll have more of the sectors broken down for chips, Internet, biotech and more.

Jon C. Ogg
June 27, 2007

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

Short Interest: NASDAQ Semiconductor Stocks (June, 2007)

Stock Tickers: QQQQ, NVDA, MXIM, AMAT, INTC, KLAC, MCHP, SNDK, ISIL, ALTR, ATML, LLTC, NVLS, ONNN, XLNX, IDTI

This pretty much confirms the rise in the June-2007 short interest of NYSE-listed chip stocks that we observed last week.  Here is the short interest for June 2007 versus May 2007, and we noted the change on each.

Stock (Ticker)                                          June        May    Change
NVIDIA (NVDA)                                        20.7M    11.7M    +76.5%
Maxim Integrated Prod. (MXIM)            11.9M    9.16M    +29.8%
Applied Materials (AMAT)                        53M    41.59M   +27.48%
Intel (INTC)                                            100.1M    81.2M    +23.3%
KLA-Tencor (KLAC)                              21.14M    17.1M    +23.2%
Microchip Tech.    (MCHP)                     8.77M    7.64M    +14.8%
SanDisk (SNDK)                                   24.57M   21.58M   +13.9%   
Intersil Corp. (ISIL)                                 7.86M     7.76M     +1.2%
Altera (ALTR)                                           22.1M     21.9M     +1%
Atmel (ATML)                                           10.6M     9.70M     +9.9%
Linear Tech (LLTC)                                18.4M     18.4M      flat
Novellus (NVLS)                                     15.1M      15.3M     -1.1%
ON Semiconductor (ONNN)                 24.1M      25.5M    -5.7%
RAMBUS (RMBS)                                               7.62M        8.27M      -7.9%
Xilinx (XLNX)                                           21.28M    23.9M      -10.9%
Integrated Device Tech. (IDTI)              4.27M     5.56M     -23%

The NASDAQ 100 Trust (QQQQ) saw its short interest rise more than 26%, with its short interest carried at 197.6 million shares in June compared to 156.6 million in May.

Jon C. Ogg
June 27, 2007

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