Posts for Ticker ‘COCO’

Top 10 Analyst Upgrades, Downgrades, Initiations (COG, COCO, INTC, RSH, SOHU, SE, TXN, HTM, VZ, WSH)

These are the top ten analyst calls for upgrades, downgrades, and initiations we have seen early this Tuesday morning from Wall Street:

Cabot Oil & Gas (NYSE: COG) Raised to Overweight at JPMorgan.
Corinthian Colleges (NASDAQ: COCO) Started as Buy at Deutsche Bank.
Intel Corporation (NASDAQ: INTC) Started as Buy at Kaufman Bros.
RadioShack (NYSE: RSH) Raised to Hold (from Underweight) at KeyBanc.
Sohu.com (NASDAQ: SOHU) Cut to Sector Perform at RBC Capital Markets.
Spectra Energy (NYSE: SE) Cut to Sell at Citigroup.
Texas Instruments (NYSE: TXN) Raised to Outperform at FBR Capital Markets; Started as Hold at Kaufman Bros.
US Geothermal Inc. (AMEX: HTM) Started as Overweight at Thomas Weisel.
Verizon Communications (NYSE: VZ) Raised to Outperform at Wells Fargo.
Willis Group (NYSE: WSH) Cut to Market Perform at KBW.

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 27, 2009

Top Day Trader Alerts (ARAY, COCO, GME, HGSI, NVAX, BCRX, SIRI)

These are this Tuesday’s top day trader and active trader alerts with more detailed price and volume data and analysis provided by links to each story at VSInvestor.com:

Accuray Incorporated (NASDAQ: ARAY) is down but not as active on the heels of active trading last night.  We saw a drop of 10% still being in the stock….

Corinthian Colleges, Inc. (NASDAQ: COCO) did beat earnings and raise guidance, sending shares up 12% and still under the 52-week highs.  Watch APOL and CECO on the news….

GameStop Corp. (NYSE: GME) is indicated marginally lower after losing its CFO.

Human Genome Sciences, Inc. (NASDAQ: HGSI) was up the most of the active biotechs up over 7% on yesterday’s deal hopes and today’s swine flu hopes.

Novavax Inc. (NASDAQ: NVAX) and BioCryst Pharmaceuticals Inc. (NASDAQ: BCRX) are both actively traded and higher this morning because of the swine flu boost.

SIRIUS XM Radio Inc. (NASDAQ: SIRI) is looking a little tired, but this would be a 6th day gain if it can stay strong again.

-The 24/7 Wall Street Team

Ten Large American Companies That Won’t Cut Jobs

cammonopoly_wideweb__430x325014Layoffs at big companies are so common now that it is novel when a day goes by without Microsoft (MSFT), Caterpillar (CAT), or Macy’s (MC) letting thousands of people go.  There are a relatively small number of America’s largest companies which will almost certainly not have significant layoffs. One of them might close an office in Turkey, another could replace telephone operators with an automated system, but each is in a unique position that makes it highly unlikely for them to want or need to fire employees. Read More »

Winner’s Circle: Stocks On 52-Week Highs (CECO, COCO, DLTR, ESI, LINC, MYGN, NNDS, SXCI, NJR)

Money_stack_pic_2There are actually some stocks which are hitting 52-week highs despite the fact that January was the worst annual start on record and despite the fact that the markets are barely off of fresh lows.  Most of these are around education as the unemployed are going back to school, but there are other winners.  Here are today’s stocks which put in new 52-week highs: 

STOCK (TICKER)                   TODAY   PRIOR
Career Education (CECO)        $23.51   $22.79
Corinthian Colleges (COCO)     $21.73   $19.50
Dollar Tree (DLTR)                   $44.32   $44.10      
ITT Educational Services (ESI)  $133.49 $131.49
Lincoln Educational (LINC)        $17.29   $16.76
Myriad Genetics (MYGN)          $85.00   $75.43
NDS Group plc (NNDS)             $62.49   $62.49
SXC Health Solutions (SXCI)      $20.12   $20.08
New Jersey Resources (NJR)     $41.83   $41.82

Jon C. Ogg
February 3, 2009

With Financial Stocks Off Limites, Shorts Move To Tech (AAPL)(DELL)(ORCL)(INTC)(AMD)(TXN)

AngrybearThe cut-off for the last short interest data was September 15, before a number of financial stocks got protection from the SEC. Before the ban, short sellers were already moving out of some bank and brokerage shares. Fannie Mae (FNM), Freddie Mac (FRE), Citigroup (C), and Bank of America (BAC) all had big drops in total shares sold short. The only large spike up in the group was Washington Mutual where the short interest spiked 12% to 429 million shares.

Short sellers moved their money elsewhere with the primary target being technology shares.

Read More »

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

Top 10 Pre-Market Analyst Calls (ATHN, BBBY, CNQ, CCU, COCO, EL, ESI, CRM, PCU, URBN)

Below are the top analyst calls we are focusing on this Wednesday morning in pre-market trading:

  • AthenaHealth (NASDAQ: ATHN) started as Outperform at JMP Securities.
  • Bed Bath & Beyond (NASDAQ: BBBY) cut to Sell at Piper Jaffray.
  • Canadian Natural Resources (NYSE: CNQ) raised to overweight at Lehman Brothers.
  • Clear Channel (NYSE: CCU) cut to Hold at Stanford Research.
  • Corinthian Colleges (NASDAQ: COCO) cut to Neutral at Piper Jaffray
  • Estee Lauder (NYSE: EL) cut to Sell at Piper Jaffray.
  • ITT Educational (NYSE: ESI) cut to Neutral at Piper Jaffray.
  • Salesforce.com     (NYSE: CRM) cut to Market Perform at Bernstein.
  • Southern Copper (NYSE: PCU) started as Sell at Citigroup.
  • Urban Outfitters (NASDAQ: URBN) cut to Neutral at Piper Jaffray.

Jon C. Ogg
April 9, 2008

Jon Ogg produces the Special Situation Investing Newsletter.  He can be reached at jonogg@247wallst.com and he does not own securities in the companies he covers.

Pre-Market Earnings Gappers (January 29, 2008)

We are right in the thick of earnings season and below is a snapshot of some of the key earnings reports with price changes if available:

  • Air Tran (NYSE: AAI) -$0.02 EPS vs -$0.02 estimate.
  • American Electric Power (NYSE: AEP) $0.52 EPS vs $0.50 estimate.
  • American Express (NYSE: AXP) $0.71 EPS vs $0.71 estimate; stock fell 2% after-hours.
  • Burlington Northern (NYSE: BNI) $1.46 EPS vs $1.37 estimate.
  • Cardinal Health (NYSE: CAH) $0.90 EPS vs. $0.87 estimate, lowered guidance.
  • Chattem (NASDAQ: CHTT) $0.76 EPS vs $0.65 estimate.
  • Corinthian Colleges (NASDAQ: COCO) $0.11 EPS vs. $0.11 estimate; lending changes and reimbursement changes will lower earnings in second half to make 2008 at lower-end of expectations.
  • Countrywide Financial (NYSE: CFC) posted earnings; maintained dividend; shares up 1.5% pre-market.
  • Dow Chemical (NYSE: DOW) $0.84 EPS vs $0.80 estimate;
  • Eli Lilly (NYSE: LLY) $0.90 EPS vs $0.87 estimate.
  • EMC (NYSE: EMC) $0.24 EPS vs $0.22 estimate
  • 3M (NYSE: MMM) $1.19 EPS vs $1.17 estimate; $6.2 Billion vs. $6.12B estimate; reiterated 10% EPS growth for 2008.
  • Accidental Petroleum (NYSE: OXY) $1.74 EPS vs $1.69 estimate; replaced 116% of its 2007 production.
  • SanDisk (NASDAQ: SNDK) posted non-GAAP EPS of $0.69 vs. $0.64 EPS estimate, but guidance was disappointing; stock down 3%.
  • Sepracor (NASDAQ: SEPR) trading down 7% after restatements.
  • Smurfit Stone (NASDAQ: SSCC) traded up 6% after earnings.
  • T.Rowe Price (NASDAQ: TROW) $0.68 EPS vs $0.63 estimate.
  • Unisys (NYSE: UIS) $0.04 EPS vs $0.12 estimate; although shares up almost 4%.
  • VMware (NYSE: VMW) trading down 20% or more after revenue number was light.
  • Waddell & Reed (NYSE: WDR) $0.42 EPS vs. $0.42 estimate.
  • Zoran (NASDAQ: ZRAN) traded down 22% after beating earnings but lowering guidance.

Jon C. Ogg
January 29, 2008

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

Top 10 Analyst Calls (APOL, COCO, CMCSA, FNM, FRE, HUGH, INTC, NTRS, PZN, CSR, UTX)

Below are some of the key impact analyst calls from 247WallSt.com:

  • Apollo Group (APOL) and Corinthian Colleges (COCO) started as Buy at B of A.
  • Comcast (CMCSA) downgraded to Neutral at Goldman Sachs.
  • Fannie Mae (FNM) downgraded to Neutral from Buy at Piper Jaffray; and also downgraded to Underperform from Neutral at Credit Suisse.
  • Freddie Mac (FRE) cut to Underperform at Credit Suisse.
  • Hughes Communications (HUGH) started as Outperform at Wachovia.
  • Intel (INTC) raised to Overweight at Thomas Weisel.
  • Northern Trust (NTRS) cut to Neutral at Merrill Lynch.
  • Pzena (PZN) started as Underweight at J.P.Morgan.
  • Security & Surveillance Technology (CSR) started as Overweight at Lehman.
  • United Tech (UTX) added to Goldman Sachs Conviction Buy List.

Jon C. Ogg
December 5, 2007

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

Pre-Market Analyst Calls (August 2, 2007)

AAPL started as Buy at B of A.
ALVR raised to Buy at First Albany.
BARE cut to Sector Perform at CIBC.
BRCM raised to Outperform at CIBC.
COCO raised to equal weight at Lehman, raised to Outperform at Piper Jaffray.
DB cut to Peer Perform at BEar Stearns.
DELL started as Buy at B of A.
DJ raised to Equal Weight at Lehman.
EDS cut to Hold at Jefferies.
ENDP cut to Neutral at UBS.
FCH raised to Outperform at Wachovia.
GMR raised to Outperform at Bear Stearns.
GYI cut to Sell at Deutsche Bank.
HPQ started as Buy at B of A.
IBM started as Neutral at B of A.
MI raised to Buy at Deutsche Bank.
MRVL cut to Sector Perform CIBC.
MVIS started as Buy at Merriman Curhan Ford.
OMX raised to Overweight at JPMorgan.
Q raised to Outperform at CIBC.
SUNW started as Buy at B of A.
SYMC raised to Outperform at Baird, raised to Outperform at FBR.
ZGEN raised to Buy at B of A.

Jon C. Ogg
August 2, 2007