Posts for Ticker ‘BT’

Top 10 Analyst Upgrades & Downgrades (BT, ELY, CBS, CTXS, DUK, INFY, LINTA, NZ, RIMM, VMW)

These are the top ten brokerage firm analyst upgrades and downgrades we have seen from Wall Street early this Monday morning:

BT Group (BT) Raised to Overweight at JPMorgan.
Callaway Gold (ELY) Raised to outperform at JMP Securities.
CBS Corp. (CBS) Cut to Hold at Argus.
Citrix Systems (CTXS) Cut to Underperform at Jefferies.
Duke Energy (DUK) Cut to Perform at Oppenheimer.
Infosys (INFY) Raised to Buy at Deutsche Bank.
Liberty Media (LINTA) Raised to Overweight at JPMorgan.
Netezza (NZ) Raised to Overweight at JPMorgan.
Research In Motion (RIMM) Cut to Neutral at UBS.
VMware (VMW) Cut to Underperform at Jefferies.

JON C. OGG
AUGUST 10, 2009

Top Analyst Calls (BT, CSCO, EMC, HAS, ITW, MAT, NTAP, OMC, TEN, VECO)

These are some of the top pre-market analyst upgrades and positive research calls we have seen from Wall Street with more than two hours until the market opens:

BT Group (BT) Raised to Overweight at Morgan Stanley.
Cisco Systems (CSCO) Started at Canaccord.
EMC Corp. (EMC) Started at Canaccord.
Hasbro (HAS) Started as Buy at KeyBanc.
Illinois Tool Works (ITW) Raised to Outperform at William Blair.
Mattel (MAT) Started as Buy at KeyBanc.
NetApp (NTAP) Started as Buy at Canaccord.
Omnicom (OMC) Raised to Outperform at Oppenheimer.
Tenneco (TEN) Raised to Overweight at JPMorgan.
Veeco Instruments (VECO) Started as Buy at Merriman Curhan Ford.

JON C. OGG

Early Bird Analyst Upgrades & Downgrades (ENS, ERIC, SHW, UDR, BT, BLDR, PCAR, VE)

It is looking a bit light on the analyst calls from Wall Street this morning.  Here are Friday’s top upgrades and downgrades seen with more than two hours until the market opens:

  • EnerSys (ENS) Raised to Buy at Jefferies.
  • LM Ericsson (ERIC) Raised to Neutral from Sell at UBS.
  • Sherwin-Williams (SHW) Raised to Neutral at Goldman Sachs.
  • UDR (UDR) Raised to Outperform at KBW.
  • BT Group (BT) Cut to Sell at UBS.
  • Builders Firstsource (BLDR) Cut to Neutral at Sun Trust Robinson Humphrey.
  • PACCAR (PCAR) Cut to Underweight at HSBC.
  • Veolia Environnement (VE) Raised to Buy at Goldman Sachs.

JON C. OGG

May 15, 2009

Media Digest 11/13/2008 Reuters, WSJ, NYT, FT, Bloomberg

NewspaperAccording to Reuters, Japan will supply money to the IMF.

Reuters reports that Citigroup (C) is looking at buying Chevy Chase Bank.

Reuters reports that the US may need to insure wholesale deposits.

Reuters reports that foreclosures rose 25% in October.

Read More »

Top 10 Pre-Market Analyst Calls (AXP, BT, DRI, FMER, GSK, IBCP, LVLT, MSFT, NAPS, SNDK)

These are not the only analyst calls affecting stocks this morning, but these are the top calls that 247WallSt.com is focusing on:

  • American Express (NYSE: AXP) downgraded to Market Perform from Outperform at KBW.
  • BT Group (NYSE: BT) downgraded to Underperform at Credit Suisse.
  • Darden Restaurants (NYSE: DRI) initiated as Outperform at RBC.
  • First Merit (NASDAQ: FMER) downgraded to Underperform at Oppenheimer.
  • GlaxoSmithKline (NYSE: GSK) raised to Buy from Neutral at UBS.
  • Independent Bank (NASDAQ: IBCP) downgraded to Underperform at Oppenheimer.
  • Level 3 Communications (NASDAQ: LVLT) downgraded to Neutral from Outperform at Credit Suisse.
  • Microsoft (NASDAQ: MSFT) downgraded to Sector Perform from Outperform at RBC.
  • Napster (NASDAQ: NAPS) raised to Outperform at Bear Stearns.
  • SanDisk (NASDAQ: SNDK) initiated as Sell at Caris.

Jon C. Ogg
February 11, 2008

Europe Markets 2/7/2008 (BHP)(BT)(ALU)(FTE)

Markets in Europe were off about 1% at 7 AM New York time.

The FTSE was off .8% to 5,828. BHP Billiton (NYSE: BHP) was off 2.9% to 14.76. BT (NYSE: BT) was down 6.9% to 244.75 on weak earnings.

The DAXX was trading down 1.2% to 6,769. Infineon was off 15.8% on poor earnings. Man AG was off 4.3% to 81.02.

The CAC 40 was down 1% to 4,771. Alcatel-Lucent (NYSE: ALU) was off 3.5% to 4.16. France Telecom (NYSE: FTE) was up 5% to 23.73.

Data from Reuters.

Douglas A. McIntyre

52-Week Low Club (AA, BT, CVC, CECO, CSCO, CLWR, CPWR, CSC, COCO, EBAY, ELOY, ENER, ESI, MOT)

These are not at all the only stocks we saw hitting 52-week lows.  These are the main names we follow that closed lower and that challenged their 52-week lows:

  • ALCOA (AA) opened at new 52-week lows but managed to close above the low; down almost 1% today.
  • BT Group (PLC) down almost 8% after U.K. markets were open yesterday and we weren’t.
  • Boeing (BA) opened at new 52-week lows but managed to close above the low; still -1% today.
  • Cablevision (CVC)… I bet Mr. Gabelli wants that old Dolan buyout offer now.
  • Career Education (CECO) down 14% after Sallie Mae terminated its loan program, ouch.
  • Cisco Systems (CSCO) down 3.6% more… so much for enterprise tech spending?
  • Clearwire (CLWR) down almost 8% to $11.48…post-IPO lows.
  • Compuware (CPWR) down 4% to $6.38, after only announcing its earnings date.
  • Computer Science Corp. (CSC) closed barely under the $38.65 prior low at $38.61.
  • Corinthian Colleges (COCO) fell 30% after Sallie Mae terminated its loan program.
  • eBay (EBAY) on Meg Whitman leaving; earnings tomorrow.
  • eLoyalty (ELOY) down 8% to $9.02; prior low $9.48.
  • Energy Conversion Devices (ENER) down 6% and barely managed to close above 52-week lows on a weak alternative energy sector.

….And that is just through the majors starting with "E".

  • ITT Education Serivces (ESI) down 15% after Sallie Mae terminated loan programs.
  • Motorola (MOT) still losing ground despite Icahn’s efforts…. guess who is a huge Sprint Nextel wireless phone supplier?

Jon C. Ogg
January 22, 2008

Europe Markets 1/21/2008 Damage Galore (BHP) (SI)

Markets in Europe were down significantly at 7.20 AM

The FTSE fell 4.9% to 5,613. BHP Billiton (BHP) was off 7.5% to 1275. BT (BT) was off 5% to 262.

The DAXX dropped 6.5% to 6,839. Deutsche Bank (DB) was off 7.1% to 72.82. Siemens (SI) was down 7.4% to 85.24. SAP (SAP) was down 8.3% to 30.9.

The CAC 40 was selling off 6.3% to 4,773. AXA (AXA) is off 9.4% to 22.29. BNP Paribas is down 8.5% to 63.52.

Data from Reuters.

Douglas A. McIntyre

Europe Markets 1/18/2008 (BHP)(SAP)(ALU)

Markets in Europe were up modestly at 7.10 AM.

The FTSE rose 1.4% to 5,982. BT (BT) was up 2% to 280.75. BHP Billiton (BHP) rose 1.9% to 1375.

The DAXX was up a fraction to 7,416. Infineon was up 1.3% to 6.86. SAP (SAP) was up 1.6% to 34.18.

The CAC 40 rose .5% to 5,185. Alcatel-Lucent (ALU) was up 4.3% to 4.84.

Data from Reuters.

Douglas A. McIntyre

Europe Markets 1/14/2008 (BCS)(BT)

Markets in Europe are modestly higher at 7 AM New York time.

The FTSE was up .1% to 6,207. Barclays (BCS) was up 2.4% to 476.5. BT (BT) is off 1.6% to 275.75.

The DAXX moved up .2% to 7,735. VW was up 1.8% to 152.92.

The CAC 40 rose .3% to 5,386.

Data from Reuters

Douglas A. McIntyre

Europe Markets 1/8/2008

Markets in Europe were modestly higher at 6.35 AM New York time.

The FTSE rose .5% to 6,370. Barclays (BCS) fell 2.2% to 461.25. BT (BT) rose 1.9% to 289.

The DAXX was up .6% to $7,863. Bayer (BAY) was up 2.7% to 65.20. Deutsche Telekom (DT) was up 2.2% to 15.77.

The CAC 40 moved up .9% to 5,499. France Telecom (FTE) was up 2.5% to 25.83. Air France was down 3.6% to 21.34.

Data from Reuters

Douglas A. McIntyre

Europe Markets 12/5/2007

Markets in Europe were up modestly at 7 AM New York time.

The FTSE rose 1.3% to 6,397. BT (BT) is up 1.7% to 291.25. Rio Tinto (RTP) is up 1.7% to 5909.

The DAXX is up .7% to 7,867. Infineon is up 5% to 8.47. Siemens (SI) is up 1.7% to 103.84.

The CAC is rising .9% to 5,597. France Telecom (FTE) is down 2.9% to 25.34. ST Micro (STM) is up 2.1% to 10.52.

Data from Reuters

Douglas A. McIntyre

Europe Markets 11/9/2007

Markets in Europe were narrowly mixed at 6.15 AM New York time.

The FTSE was up .3% to 6,398. BHP Billiton (BHP) was up 3.2% to 1709. BT (BT) was down 1.7% to 296.75. Rio Tinto (RTP) was up 8.7% to 5752.

The DAXX was up .5% to 7,860. SAP (SAP) was down 1.1% to 35.55. Siemens (SI) rose 2.3% to 105.4.

The CAC 40 .1% to 5,627. Sanofi-Aventis was up 1.2% to 62.54.

Data from Reuters

Douglas A. McIntyre

Europe Markets 11/8/2007

Markets in Europe were off an average of about 1% at 6 AM New York time.

The FTSE fell .8% to 6,333. Barclays (BCS) was down 4.7% to 489.25. BT (BT) was down 3.3% to 304.5.

The DAXX was down .3% to 7,776. Deutsche Bank (DB) was down 1.6% to 83.16. Deutsche Telekom (DT) was up 2.1% to 14.41. Siemens (SI) was up 4.6% to 99.48.

The CAC 40 was off 1.3% to 5,610. AXA (AXA) was down 4% to 27.68. EADS was up 3.4% to 22.21. Societe Generale was off 2.9% to 102.04.

Data from Reuters

Douglas A. McIntyre

Media Digest 11/8/2007 Reuters, WSJ, NYTimes, FT, Barron’s

According to Reuters, Morgan Stanley (MS) has suffered a $3.7 billion loss from its mortgage portfolio,

Reuters writes that shares in Cisco (CSCO) were driven down on concerns that orders from the financial sector would drop.

Reuters reports that Fed officials mentioned more rate cuts would be necessary if the economy slows.

Reuters also reports that Merrill Lynch (MER) said that the SEC is investigating certain aspects of its subprime mortgage portfolio.

Reuters also writes that BT (BT) hit earnings estimate on strength of its broadband business.

The Wall Street Journal reports that AIG’s (AIG) net fell 27%, hurt by a write-down.

The Wall Street Journal also reports that the US is recalling another four million Chinese made toys.

The Wall Street Journal writes that Tivo (TIVO) is marketing a service that allows advertisers to see details  of people’s TV watching habits.

The Wall Street Journal writes that Moody’s say that certain asset pools to be protected by a superfund set up by banks are already liquidating their portfolios.

The Wall Street Journal writes that shares in content delivery firms Akamai (AKAM) and Limelight (LLNW) have taken a beating and could go lower.

The Wall Street Journal writes that Europe cellular giant Vodafone (VOD) will use the new Nokia ((NOK) music and internet services.

The Wall Street Journal writes that Kraft (KFT) added two board members approved by shareholder Nelson Peltz.

The New York Times writes that home owners are beginning to feel the pinch of lost equity.

The New York Times writes that high gas prices are adding to the strain on US consumers.

The New York Times reports that Ed Lampert, head of Sear (SHLD) has lost a large sum by investing in Citigroup (C).

The FT writes that Ford (F) may face a hurdle in selling Jaguar and Rover–a $2 billion pension fund deficit.

The FT writes that Wall St. expectations for fourth quarter earnings has fallen sharply.

Barron’s writes that shares in First Solar (FSLR) rose sharply after hours on strong earnings.

Douglas A. McIntyre

Europe Markets 10/30/2008

Markets in Europe were lower at 6.20 AM New York time.

The FTSE was down .6% to 6,667. BT (BT) was down 1.5% to 322.25. Nothern Rock was down 1.5% to 186.4. Vodafone (VOD) was down 1.3% to 191.5.

The DAXX fell .3% to 10.13. Infineon was off 1.6% to 10.13. VW was up 1.2% to 188.82.

The CAC 40 was down .5% to 5,810. France Telecom (FTE) was down 1.2% to 25.46. ST Micro (STM) was off 1% to 11.83.

Data from Reuters

Douglas A. McIntyre

Europe Markets 10/26/2007

Markets in Europe are mixed at 6.20 AM New York time.

The FTSE is up .2% to 6,587. BP (BP) is up 1.1% to 619.5. BT (BT) is up 2.5% to 328.5. Vodafone (VOD) is up 1.2% to 192.

The DAXX is up .1% to 7,937. Deutsche Telekom (DT) is up 2.7% to 14.31. Daimler is down 1.3% to 76.77.

The CAC 40 is off a fraction to 5,759. AXA (AXA) is down 1.7% to 29.65. Vivendi is up 4.4% to 31.37.

Data from Reuters

Douglas A. McIntyre

Europe Markets 10/25/2007

Markets in Europe were up sharply at 6.15 AM New York time.

The FTSE rose 1% to 6,548. British Air (BAB) rose 2.7% to 435. BT (BT) rose 1.9% to 314.5. Intercontinental Hotels rose 4.6% to 1082. Rio Tinto (RTP) rose 3.4% to 4228. Vodafone (VOD) rose 4% to 185.4.

The DAXX was up 1% to 7,910. Detusche Telekom (DT) rose 2.9% to 13.78. Siemens (SI) rose 2.2% to 91.99.

The CAC 40 moved up 1% to 5,732. France Telecom (FTE) was up 6.4% to 25.27.

Data from Reuters

Douglas A. McIntyre

Europe Markets 10/11/2007

Markets in Europe were up at 6.40 AM New York Time.

The FTSE rose .8% to 6,686. BHP Billiton (BHP) rose 2.9% to 1854. BP (BP) rose1.5% to 588.5. BT (BT) rose 2.9% to 313. GSK (GSK) fell 1.4% to 1293.

The DAXX was up .7% to 8,039. Lufthansa rose 3.1% to 21.87. VW rose 4.4% to 183.

The CAC 40 moved up .5% to 5,869. Cap Gemini rose 3.5% to 48.27. EADS rose 2.3% to 23.33. France Telecom (FTE) rose 2.9% to 23.82.

Data from Reuters

Douglas A. McIntyre

Europe Markets 10/1/2007

Markets in Europe were narrowly mixed at 6.30 AM New York time.

The FTSE rose .2% to 6,482. BT (BT) was up 311. Northern Rock fell 15.8% to 148.1.

The DAXX rose .1% to 7,869. Deutsch Bank (DB) fell 1.2% to 89.3. Siemens (SI) rose .4% to 96.85.

The CAC 40 fell a fraction to 5,715. Alcatel-Lucent (ALU) fell 2.6% to 7.01. Vivendi rose 1.3% to 29.98.

Data from Reuters

Douglas A. McIntyre