Posts for Ticker ‘BCS’

Top Analyst Upgrades, Downgrades, Initiations (ADBE, BCS, STV, FPL, FLR, GME, PCLN, TOL, TSN, TROW)

These are this Wednesday’s top 10 analyst upgrades, downgrades, and initiations seen in Wall Street research calls:

Adobe Systems NASDAQ: ADBE) Cut to Perform at Oppenheimer.
Barclays plc (NYSE: BCS) Cut to Hold at RBS.
China Digital TV (NYSE: STV) Cut to Neutral at Piper Jaffray.
FPL Group (NYSE: FPL) Raised to Buy at Citi.
Fluor (NYSE: FLR) Raised to Hold at Citi.
GameStop (NYSE: GME) Removed from Convition Buy List at Goldman Sachs (still Buy rated).
Priceline.com (NASDAQ: PCLN) Cut to Neutral at Credit Suisse.
Toll Brothers (NYSE: TOL) Raised to Outperform at Wells Fargo.
Tyson Foods (NYSE: TSN) Cut to Neutral at JPMorgan.
T. Rowe Price (NASDAQ: TROW) Raised to Outperform at Credit Suisse.

You can join our open email distribution list which goes out several times per week to be notified of key merger news, key analyst calls, top early morning day trader alerts, along with news of IPO’s, key offerings, guru investor data on Buffett and others, mergers, and more.

JON C. OGG

Posted on: November 11, 2009 – 8:11 am in Analyst Calls, Pre-Market Activity, , , , , , , , , ,

Media Digest 11/10/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

newspaperReuters:   Markets hit their 2009 highs.

Reuters:   Dodd is set to unveil his financial reform bill which calls for merging many bank regulators.

Reuters:   Kraft’s (NYSE:KFT) bid for Cadbury turned hostile.

Reuters:   A survey of economists predicted strong GDP growth in 2010. Read More »

Posted on: November 10, 2009 – 3:57 am in Press Digest, , , , , , , , , , , , , , , , , ,

Today’s Best Market Rumors (10/28/2009) (UBS)(SNE)(BCS)(CBS)

newspaperUpdated throughout the day.

Update 12.05 PM EST:  UBS (NYSE:UBS) may spin off PaineWebber  (Breakingviews)

GMAC has asked the Treasury Department for several billion more dollars in loans. (NYTimes)

Barry Diller’s IACI (NASDAQ:IACI) might be willing to sell its search business.  (NYPost)

News Corp (NYSE:NWS) and CBS (NYSE:CBS) are trying to get cable companies including Time Warner Cable (NYSE:TWC) to pay for carrying their broadcast channels.  (WSJ)

Statistics on ”global cooling” may be bogus.  (Ars Technica)

AMD’s (NYSE:AMD) former CEO Hector Ruiz may have leaked tips to one of the people accused of insider trading in the Galleon case.  (various)

The German hedge fund firm K1 is part of an international criminal investigation after allegedly stiffing banks including Barclays (NYSE:BCS), JPMorgan Chase (NYSE:JPM). and BNP Paribas with $400 million of losses.  (Bloomberg)

Covance (NYSE:CVD) shares are undervalued by 50%  (BusinessWeek)

Sony (NYSE:SNE) is expected to loss money for the fourth straight quarter.  (Forbes)

Douglas A. McIntyre

Posted on: October 28, 2009 – 9:13 am in Rumors, , , , , , , , , ,

Top 10 Analyst Upgrades, Downgrades, Initiations (ACE, ADSK, ADP, BCS, EAT, EP, LXK, NRG, PAYX, TRV)

These are this Wednesday’s top ten analyst upgrades, downgrades, and initiations which we have seen early on from Wall Street research calls:

ACE Limited (ACE) Started as Outperform at RBC Capital Markets.
Autodesk (ADSK) Raised to Buy at Kaufman Bros.
Automatic Data (ADP) Started as Outperform at RBC Capital Markets.
Barclays plc (BCS) Started as Outperform at FBR.
Brinker International Inc. (EAT) Cut to Neutral at Goldman Sachs.
El Paso Corp. (EP) Cut to Hold at Citigroup.
Lexmark (LXK) Raised to Neutral at JPMOrgan.
NRG Energy (NRG) Cut to Hold at Jefferies.
Paychex (PAYX) Started as Market Perform at RBC Capital Markets.
Travelers (TRV) Started as Outperform at RBC Capital Markets.

You can join our open email distribution list to get updates on top analyst upgrades and downgrades, top day trader alerts, IPO’s, secondary offerings, Warren Buffett and other guru activity, M&A and more.

JON C. OGG
OCTOBER 21, 2009

Posted on: October 21, 2009 – 7:56 am in Analyst Calls, , , , , , , , , ,

Today’s Best Market Rumors (10/20/2009) (NWS)(NVDA)(BCS)

newspaperUpdated throughout the day.

Updated 12.33 PM EST: The CIA will start spying on social media activity  (CNET)

Updated 10.15 AM EST:  Oil could hit $175 a barrel by 2016 making oil-realted stocks a bad investment.  (Barron’s)

Bank of America (NYSE:BAC) and Barclays (NYSE:BCS) are refusing to trade with faltering hedge fund Galleon  (WSJ)

Former News Corp (NYSE:NWS) No. 2 Peter Cherin is advising Comcast (NASDAQ:CMCSA) on its bid to buy NBCU from GE (NYSE:GE)  (NYTimes)

Boeing (NYSE:BA) will post poorer-than-expected quarterly results (TheStreet.com)

Q4 GDP growth could jump to 5.5 %  (Forbes)

Google (NASDAQ:GOOG) can search Twitter tweets, even if they have security protection.  (Mashable)

As Galleon sells holdings to fund redemptions some of the stocks it holds could come under price pressure. These include Cisco (NASDAQ:CSCO), Dell (NASDAQ:DELL), Nvidia (NASDAQ:NVDA), and eBay (NASDAQ:EBAY)  (Barron’s)

Douglas A. McIntyre

Posted on: October 20, 2009 – 8:53 am in Rumors, , , , , , , , , , ,

Media Digest (10/20/2009) Reuters, WSJ, NYTimes, FT, Bloomberg

newspaperReuters:   Apple (NASDAQ:AAPL) beat earnings forecasts.

Reuters:   The IRS is probing some homebuyers’ tax credit gains.

Reuters:   The US is ready to bring more insider trading cases.

Reuters:   More US companies are cutting bonuses. Read More »

Posted on: October 20, 2009 – 4:02 am in Press Digest, , , , , , , , , , , , , , , , , , , , , , , ,

Asia Markets And Europe Open (10/20/2009)

chinaMarkets in Asia were higher.

The Nikkei rose 1% to 10,337.

The Hang Seng was up 1% to 22,531. PetroChina (NYSE:PTR) rose.

The Shanghai Composite was up by 1.5% to 3,084.

At the open in Europe, the FTSE was down .1% to 5,277. A large investor will sell a stake in Barclays (NYSE:BCS). The Dax was up .2% to 5,863, and the CAC 40 was higher by .1% to 3,895.

Data from Reuters and MarketWatch.

Douglas A. McIntyre

Posted on: October 20, 2009 – 3:21 am in International Markets, ,

Wall St. Bonus Fever Spreads To UK

bearWall St. will not be the only place where key workers will get multi-million dollar bonuses this year.

RBS (NYSE:RBC), a UK financial firm which came within days of failing and received massive government aid, will pay some of its executives and traders up to 5 million British pounds. Many of the packages will reach levels similar to those of the banking boom years of 2006 and 2007.

The Times of London also reports that management at Barclays (NYSE:BCS), one of the largest banks in the world, will give senior staff bonuses which reach well into the millions of pounds. Payments to top management may go into the tens of millions. Read More »

Posted on: October 17, 2009 – 9:00 pm in Banking, Compensation, , ,

Asia Markets And Europe Open 10/7/2009

chinaMarkets in Asia were higher.

The Nikkei rose 1.1% to 9,800.

The Hang Seng was up up 2.5% t0 21,325.

Shanghai was closed for a holiday.

At the open in Europe, the FTSE was down .5% to 5,112. BP (NYSE:BP) and Barclay (NYSE:BCS) both fell. The Dax dropped .5% to 5,627. The CAC 40 dropped .5% to 3,753.

Data from MarketWatch and Reuters.

Douglas A. McIntyre

Posted on: October 7, 2009 – 3:22 am in International Markets, ,

Today’s Best Market Rumors (September 30, 2009)

newspaperUpdated throughout the day.

Update:  The rapidly falling dollar is causing Asian importers of small cars to lose money on most vehicles and will force European luxury auto companies to raise prices giving American manufacturers an edge in the upcoming months (WWJ-Detroit)

Update:   CIT may get fundingfrom Citigroup (C) and Barclays (BCS). (Bloomberg)

CIT (CIT) could be taken over by its bondholders or it could go into Chapter 11. Yesterday the stock rose sharply on NY Post reports that a hedge fund manager would save the firm. (WSJ) The stock was down to $1 last night but is only off to $1.41 at 8.40 AM.

Apple (AAPL) will try to use its new tablet to redefine the way people read newspapers, magazines, and books. (Gizmodo)

The improvement is housing may just be because of government “goosing”. (The Daily Deal)

Apple (AAPL) may launch a Mac mini (AppleInsider)

TimeWarner’s (TWX) AOL property may be worth$4 million, depending on who is doing the valuation. (AllThingsD)

Playboy (PLA) may be sold (BusinessWeek).

JPMorgan’s (JPM) Jamie Dimon will take a government jobin two to three years.  (Clusterstock)

Microsoft’s (MFST) Courier booklet will run Windows 7 and launch in mid-2010.  (Ars Technica)

Douglas A. McIntyre

Posted on: September 30, 2009 – 9:02 am in Rumors, , , , , , , ,

Media Digest 9/18/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

newspaperReuters:   If China opens its financial markets it could cause a huge bubble.

Reuters:   US regulators may ban “flash” trading.

Reuters:   Buffett may control the Kraft (KFT) decision to buy Cadbury.

Reuters:   Palm (PALM) was helped by Pre sales, but the company will sell new stock Read More »

Posted on: September 18, 2009 – 3:55 am in Press Digest, , , , , , , , , , , , , , ,

Media Digest 9/17/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

newspaperReuters:   The competition to dominate the green car market is increasing.

Reuters:   Obama will pressure the G20 on Wall St. reform.

Reuters:   Oracle (ORCL) earnings missed targets.

Reuters:   Opel’s sales shows power is shifting to car suppliers Read More »

Posted on: September 17, 2009 – 4:04 am in Press Digest, , , , , , , , , ,

Media Digest 9/16/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

newspaperReuters:   Obama’s move on trade with China makes good on a promise to labor.

Reuters:   Uninsured Americans hope healthcare reform will bring them coverage.

Reuters:   Adobe (ADBE) will buy Omniture for $1.8 billion.

Reuters:   Citigroup (C) is seeing demand from institutional investors. Read More »

Posted on: September 16, 2009 – 4:04 am in Press Digest, , , , , , , , , , , ,

Lehman Says Barclays (BCS) Took $8.2 Billion Too Much

r218533_855025Lehman Bros. has misplaced $8.2 billion and believes that Barclays (BCS) may have made off with it.

Barclays bought some of Lehman’s assets after the investment house filed Chapter 11. Read More »

Posted on: September 15, 2009 – 7:13 pm in Banking,

Top Analyst Upgrades (BCS, BBBY, DLTR, EMC, GHL, HCN, NTAP, SNH, WSM, INTC)

These are this morning’s top pre-market analyst upgrades, initiations, and positive broker research calls we have seen early this Thursday morning from Wall Street firms:

  • Barclays (BCS) Raised to Outperform at KBW.
  • Bed Bath & Beyond (BBBY) Started as Buy at Citigroup.
  • Dollar Tree (DLTR) Raised to Overweight at Barclays.
  • EMC Corp (EMC) Started as Buy at Citigroup.
  • Greenhill & CO. (GHL) Raised to Neutral from Sell at Goldman Sachs.
  • Health Care REIT (HCN) Started as Outperform at Wells Fargo.
  • NetApp (NTAP) Started as Buy at Citigroup.
  • Senior Housing (SNH) Raised to Outperform at Wells Fargo.
  • Williams-Sonoma (WSM) Started as Buy at Citigroup.

Elsewhere, JPMorgan is maintaining a cautious stance on Intel Corp. (NASDAQ: INTC) on poor demand expectations, but it raisedx its target to $17.00 from $12.00.

JON C. OGG

Posted on: August 27, 2009 – 8:19 am in Analyst Calls, , , , , , , , , ,

Media Digest 8/3/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

newspaperReuters:   Video games hope to make a comeback with new titles and price cuts.

Reuters:   “Cash for clunkers” should help July car figures.

Reuters:   USB (UBS) shares should do well after it settled with the US.

Reuters:   China’s build-up in commodities inventory could hurt future prices. Read More »

Posted on: August 3, 2009 – 4:00 am in Press Digest, , , , , , , , , , , ,

Asia Markets And Europe Open 8/3/2009

chinaMarkets in Asia were mixed.

The Nikkei fell a fraction of a percent to 10,352. Toyota (TM) rose on Ford’s (F) strong July numbers.

The Hang Seng rose .2% to 20,620.

The Shanghai Composite rose 1.5% to 3,453.

At the open in Europe, the FTSE was down .7% to 4,590. Barclays (BCS) and HSBC (HBC) were down. The Dax fell .2% to 5,320. The CAC 40 as off .3% to 3,418.

Data from Reuters and MarketWatch

Douglas A. McIntyre

Posted on: August 3, 2009 – 3:24 am in International Markets, , , , ,

Media Digest 7/20/2008

Read More »

Posted on: July 20, 2009 – 2:55 am in Press Digest, , , , , , , , , ,

Media Digest 6/25/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

newspaperReuters:   Political battles are likely to make this a tough year for the Fed.

Reuters:   The head of Toyota (TM) warned of two more tough years.

Reuters:   Lawmakers accused Fed of a cover-up in dealing with Bank of America (BAC)

Reuters:   California is set to issues IOUs to conserve cash.

Reuters:   The new TARP chief says economy is on the mend. Read More »

Posted on: June 25, 2009 – 2:55 am in Press Digest, , , , , , , , , , , ,

Media Digest 6/17/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

newspaperReuters: The US faces a long period of economic stagnation.

Reuters:   Obama will release plans for a financial market overhaul.

Reuters:   The White House will not help California fix its deficit.

Reuters:   Large US company bankruptcies are accelerating.

Retuers:   News Corp’s (NWS) MySpace fired 30% of its staff. Read More »

Posted on: June 17, 2009 – 3:08 am in Press Digest, , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,