Posts for Ticker ‘CHKP’

Top Analyst Downgrades (CCJ, CHKP, DISH, DD, KFT, MHP, PALM, ROSG, UBS)

These are this Wednesday morning’s top pre-market analyst downgrades and cautious research calls we have seen from Wall Street:

Cameco (CCJ) Cut to Sector Perform at Scotia.
Check Point Software (CHKP) Cut to Market Perform at FBR Capital.
Dish Network (DISH) Cut to Sell at Goldman Sachs.
DuPont (DD) Cut to Neutral at Goldman Sachs.
Kraft Foods (KFT) Cut to Hold at Argus.
McGraw-Hill (MHP) Cut to Hold at Argus.
Palm (PALM) Cut to Neutral at Credit Suisse.
Rosetta Genomics (ROSG) Cut to Hold at Cantor Fitzgerald.
UBS (UBS) Cut to Neutral at JPMorgan.

JON C. OGG

Posted on: September 9, 2009 – 8:23 am in Analyst Calls, , , , , , , , ,

Top Day Trader Alerts (SPSS, X, VICL, AMGN, ARIA, LCRD, DB, COH, CHKP)

The following are some of the top stocks to watch for active trading today based on pre-market and after-hours volume activity. There are links through to more detailed coverage and volume analysis at VSInvestor.com:

SPSS Inc (Nasdaq: SPSS) shares are up 41 percent after getting a $1.2 billion takeover offer from IBM.

United States Steel Corp. (NYSE: X) shares are falling in very active trade after it missed revenue expectations and said its outlook for overall steel demand remains uncertain.

Vical Inc. (Nasdaq: VICL) shares up strongly as one of the most active premarket issues after it received a direct investment.

Amgen Inc. (Nasdaq: AMGN) shares are seeing wishy-washy trading after earnings and a partnership.

Ariad Pharmaceuticals (Nasdaq: ARIA) are among the most active premarket stocks, following positive preliminary clinical data.

Deutsche Bank AG (NYSE: DB) shares are down 8 percent in very active premarket trading after reporting a larger provisions for credit losses.

Coach Inc. (NYSE: COH) shares are down more than 5 percent in the premarket on reporting earnings that were merely in line.

LaserCard Corp. (Nasdaq: LCRD) is among the biggest premarket percentage gainers after beating earnings expectations by 18 cents a share.

Check Point Software Technologies Ltd. (Nasdaq: CHKP) shares are rising in active premarket trade after beating EPS by 2 cents a share.

-The 24/7 Wall St. Team

Posted on: July 28, 2009 – 8:57 am in Pre-Market Activity, Trading Alert, , , , , , , , ,

Cybersecurity: Obama’s Next Big-Ticket Agenda Item

uncle sam

It’s taken a back seat to health care, but one of the next big agenda items for President Obama’s administration is cybersecurity, a priority that is becoming all the more clear following July 4 hacker attacks on the White House, the Pentagon and the New York Stock Exchange.

The Associated Press reports that the attack on U.S. and South Korean government agencies last week was even broader than first realized. Other agencies targeted by the malicious code included the National Security Agency, Homeland Security Department, State Department, the Federal Trader Commission, the Treasury, the Nasdaq stock market (Nasdaq:NDAQ) and The Washington Post (NYSE:WPO). Read More »

Posted on: July 8, 2009 – 12:33 pm in Defense, Editor's Picks, Software, , , , , , , , , ,

Top Analyst Upgrades and Downgrades (AWK, BEAT, CHKP, IACI, MVL, MYGN, NVO, SYMC, WERN)

These are the top pre-market analyst upgrades and downgrades this Wednesday morning in early trading.

  • American Water Works (AWK) Started as Buy at Brean Murray.
  • CardioNet (BEAT) Cut to Hold at Citigroup; Cut to Hold at boutique firm Roth.
  • Checkpoint Software (CHKP) Cut to Neutral at JPMorgan.
  • IAC/Interactive (IACI) Started as Outperform at Oppenheimer.
  • Marvel Entertainment (MVL) Raised to Overweight at JPMorgan.
  • Myriad Genetics (MYGN) down on downgrades from RBC, Oppenheimer, Citigroup, Morgan Joseph, and more.
  • Novo Nordisk (NVO) Raised to Buy at Goldman Sachs.
  • Symantec (SYMC) Started as Outperform at JMP Securities.
  • Werner Enterprises (WERN) Raised to Overweight at JPMorgan.

After today, we’d expect analyst coverage to start getting this until at least next Tuesday because of the shortened week.  We have already seen the effects of fewer participants this week, particularly after such a stellar quarter that just ended yesterday.

Jon C. Ogg
July 1, 2009

Posted on: July 1, 2009 – 7:11 am in Analyst Calls, , , , , , , , ,

Top Analyst Downgrades (ARLP, BJS, CHKP, EP, FST, INFY, ISRG, STAR)

These are some of the top pre-market analyst downgrades and negative research calls from Wall Street we have seen early this Tuesday morning:

Alliance Resource (ARLP) Cut to Market Perform at Wachovia.
BJ Services (BJS) Cut to Underweight at JPMorgan.
Checkpoint Software (CHKP) Cut to Hold at Deutsche Bank.
El Paso (EP) Cut to Market Perform at Wachovia.
Forest Oil (FST) Cut to Hold at Jefferies.
Infosys Tech (INFY) Cut to Hold at Societe Generale.
Intuitive Surgical (ISRG) Cut to Market Perfoirm at JMP Securities.
Starent Networks (STAR) Cut to Hold at Cantor Fitzgerald.

JON C. OGG

Posted on: April 28, 2009 – 6:44 am in Analyst Calls, , , , , , , ,

Top 10 Pre-Market Analyst Calls (CPST, CHKP, RIO, COCO, ETR, GM, IDTI, MGM, PCG, TEN)

These are ten of the individual analyst calls we are looking at from Wall Street this Thursday morning:

  • Capstone Turbine Corp. (NASDAQ: CPST) started as Buy at Broadpoint Capital.
  • Check Point Software (NASDAQ: CHKP) raised to Overweight at Lehman Brothers.
  • Comp Vale Do Rio (NYSE: RIO) started as Overweight at Lehman Brothers.
  • Corinthian Colleges (NASDAQ: COCO) Raised to Overweight from Equalweight at Lehman Brothers.
  • Entergy (NYSE: ETR) Cut to Neutral from Buy at Banc Of America.
  • General Motors (NYSE: GM) downgraded to Sell from Neutral at Goldman Sachs.
  • Integrated Device Tech (NASDAQ: IDTI) Raised to Neutral from Underperform at Merrill Lynch.
  • MGM Mirage (NYSE: MGM) Cut to Neutral from Overweight at JPMorgan.
  • PG&E (NYSE: PCG) Cut to Hold from Buy at Jefferies.
  • Tenneco (NYSE: TEN) and Lear Corp. (NYSE: LEA) were both downgraded at Goldman Sachs.

Jon C. Ogg
June 26, 2008

Posted on: June 26, 2008 – 6:57 am in Analyst Calls, , , , , , , , , ,

Pre-Market Stock News (January 23, 2008)

We are full fledged into earnings season now, so most news coverage will point to the current earnings environment and guidance.  There are of course drug developments and other contracts awards.  Below is a snapshot of some of the key data we saw affecting shares in pre-market trading:

  • Abbott Laboratories (ABT) $0.93 EPS versus $0.92 estimate; sees Q1 EPS $0.61 to $0.63 versus $0.65 estimates and sees 2008 EPS $3.20 to $3.25 versus $3.22 estimate.
  • Advanced Energy Industries Inc. (NASDAQ: AEIS) traded down over 10% after after it lowered guidance.
  • Air Products (APD) $1.16 EPS vs $1.13 estimates. 
  • Apple Inc. (AAPL) trading down 10% after it posted $1.76 EPS on $9.6 Billion revenues; Estimates were $1.62 EPS on revenues of $9.47 Billion; Guidance for next quarter is $0.94 EPS and revenues $6.8 Billion versus estimates of $1.09 EPS on $6.98 Billion in revenues.
  • Baidu.com (BIDU) announces the formal launch of its Japanese language search engine run by its Japanese subsidiary.
  • CheckPoint Software (CHKP) trading up almost 5% after $0.46 EPS versus $0.45 est.; Revenues $206.7M vs. $202.3M est.;
  • CNH Global (CNH) $0.50 EPS versus $0.60 estimate.
  • Coach (COH) $0.69 EPS vs $0.68 estimate; noted weak mall traffic and decline in average transaction size.
  • EntreMed (ENMD) is starting its Phase II study with its MKC-1 cell cycle inhibitor in ovarian cancer and advanced endometrial cancer.
  • Ethan Allen (ETH) posted $0.70 EPS versus $0.68 estimate.
  • Foster Wheeler (FWLT) trades ex-split to reflect a 2 for 1 stock split.
  • General Dynamics (GD) $1.42 EPS vs. $1.41 estimate; sees 2008 EPS $5.55 to $5.65 versus $5.73 estimate.
  • HOKU Scientific Inc. (HOKU) traded down 10% after earnings beat but guidance was deemed light.
  • INX (INXI) awarded Department of Defense contract to provide up to $21 million in support  of a Cisco Systems network pact.
  • Martek Biosciences (MATK) noted a December publication showed its DHA may help in late-onset Alzheimer’s, although NIH study results will be in 2010.
  • Parametric (PMTC) $0.26 EPS vs. $0.23 estimate; sees next quarter $0.24 to $0.28 vs. $0.26 estimate; sees 2008 EPS $1.17 to $1.27 vs. $1.16 estimate (revenue in-line).
  • Praxair (PX) $0.98 EPS vs $0.97 estimate.
  • Qualcomm (QCOM) expanded relationship with Motorola for chipsets into certain UMTS 3G handsets in 2008 and 2009.
  • RLI Corp. (RLI) $1.22 EPS versus $1.05 estimate.
  • Rockwell Automation (ROK) $1.04 EPS vs. $1.01 estimates; guides 200 EPS $4.25 to $4.45 versus $4.38 estimate.
  • Southwest Airlines (LUV) $0.12 EPS vs. $0.10 estimate ; reigned in 2008 growth plans to 4%-5% capacity.
  • Texas Instruments Inc. (TXN) has posted earnings of $0.54 EPS and revenues of $3.56 Billion; analysts pegged at $0.52 EPS on $3.58 Billion in revenues; sees Next quarter $0.43 to $0.49 EPS on revenues of $3.27 to $3.55 Billion versus estimates of $0.45 EPS on $3.41 Billion in revenues.
  • TJX Companies (TJX) was Jim Cramer’s retail pick on CNBC’s MAD MONEY last night.
  • United Tech (UTX) $1.08 EPS vs. $1.06 estimate; sees 2008 $4.65 to $4.85 versus $4.85 estimate.
  • Vertex Pharmaceuticals (VRTX) will begin Phase III evaluation of telaprevir for its lead investigational hepatitis C protease inhibitor.
  • WellPoint (WLP) $1.51 EPS versus $1.51 estimate.
  • Werner Enterprises (WERN) $0.28 EPS vs. $0.28 estimate.

Jon C. Ogg
January 23, 2008

Posted on: January 23, 2008 – 7:58 am in Pre-Market Activity, , , , , , , , , , , , , , , , , , , , , , , , , ,

Shorting Internet Security Stocks May 2007

How long has it been since we have received worldwide web reports of a massive web attack, or a DNS attack, or a major virus, or a Trojan Horse? It’s been some time, so there hasn’t really been any major hype to pump the names in online and internet security.  We are entering the summer hacking season as more teenage and college-age kids now have way too much free time on their hands.  There is no real pattern seen here, but this is the list:

Stock (Ticker)                            MAY     APRIL   Change
Symantec (SYMC)                  44.2M    42.2M     4.8%
Checkpoint (CHKP)               6.14M    6.26M     -1.9%
VeriSign (VRSN)                    11.1M    10.3M      7.4%
McAfee (MFE)                          2.99M    3.67M     -18%
Websense (WBSN)               4.85M    3.86M      25%
VASCO Data Sec. (VDSI)      3.18M    3.3M        -3.5%

Jon C. Ogg
May 25, 2007

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

Posted on: May 25, 2007 – 10:07 am in Internet, Short Interest, , , , , ,