Posts for Ticker ‘CSH’

52-Week High Club

Burlington Northern Santa Fe Corp (NYSE: BNI) surged close to 30% to a yearly high of $97.59 following news that Warren Buffett’s Berkshire Hathaway (NYSE: BRK.A) will be buying the freight rail operator for $100 per share, which places the value of the company at $44 billion.

The Black & Decker Corporation (NYSE: BDK) rallied close to 30% to a yearly high of $61.79  following news that the tool makers has agreed to be purchased by Stanley Works (NYSE: SWK) in an all stock deal valued at $4.5 billion.

Cognizant Technology Solutions Corp (NASDAQ: CTSH) rose over 8% to a yearly high of $42.40.  The computer services and technology consulting company announced that its 3Q 09 profit rose roughly 21%, beating analyst estimates.  The company also raised its 2009 profit estimate to $1.88 per share from $1.78 per share.

Landry’s Restaurants (NYSE: LNY) rose over 25% to a yearly high of $13.99.  The restaurant, hospitality and entertainment company following rose on news that the company’s chief executive, Timothy J. Fertitta has agreed to purchase the company for $14.75 per share, or $1.2 billion.

Garrett W. McIntyre

Posted on: November 3, 2009 – 4:03 pm in Buffett, Consumer Goods, Earnings, Food, Hardware, Mergers and Buy Outs, Technology Companies, , , , , , ,

Top 10 Pre-Market Analyst Calls (BIG, CSH, CS, ERIC, GT, MRVL, MMR, MNTA, NTRS, PCZ)

These are ten of the top analyst calls we see affecting shares in pre-market indications this Monday morning:

  • Big Lots (NYSE: BIG) Raised to Overweight from Neutral at JPMorgan.
  • Cash America (NYSE: CSH) Cut to Hold from Buy at Jefferies.
  • Credit Suisse (NYSE: CS) Raised to Peer Perform at Bear Stearns.
  • Ericsson (NASDAQ: ERIC) raised to Neutral from to Sell at Goldman Sachs; downgraded to Neutral from Buy at Banc of America.
  • Goodyear Tire & Rubber (NYSE: GT) cut to Neutral at JP Morgan.
  • Marvell Tech (NASDAQ: MRVL) raised to Outperform at FBR (stock indicated +2%).
  • McMoRan Exploration (NYSE: MMR) Cut to Hold from Buy at Jefferies.
  • Momenta Pharmaceuticals (NASDAQ: MNTA) Raised to Overweight at Morgan Stanley.
  • Northern Trust (NASDAQ: NTRS) Cut to Hold from Buy at Deutsche Bank.
  • Petro-Canada (NYSE: PCZ) raised to Outperform at CINC World Markets.

Jon C. Ogg
April 28, 2008

Posted on: April 28, 2008 – 6:33 am in Analyst Calls, , , , , , , , , ,