Posts for Ticker ‘FDX’

52-Week High Club (FDX, LNY, MRK, GOOG)

FedEx Corp. (NYSE: FDX) over 3% to a yearly high of $84.92.  Barron’s reported that the package delivery company may rise as high as $100 dollars according to a survey of investors and analysts.

Landry’s Restaurants Inc. (NYSE: LNY) rose over 20% to a yearly high of $20.23.  After last week’s buyout proposal from the company’s chief executive Bill Ackman’s Pershing Square Capital has reported a stake in the company and has divulged its opposition to the buyout offer.

Merck & Co. Inc. (NYSE: MRK) rose over 2.5% to a yearly high of $34.35.  The company’s Human Health President Keneth Frazier told CNBC that it would not pull Vytorin and Zetia, the company’s cholesterol medications, off of the market.

Google Inc. (NASDAQ: GOOG) rose close to 1% to a yearly high of $576.99.  The TechCruch blog put out a piece on Sunday reporting that Google had hired Microsoft’s (NASDAQ: MSFT) former director of new business development.

Garrett W. McIntyre

Posted on: November 16, 2009 – 4:02 pm in Food, Pharmaceuticals, Technology Companies, Transports, , , , ,

Top 10 Analyst Upgrades, Downgrades, Initiations (ADBE, FDX, JNPR, LVS, MSFT, ORCL, QCOM, CRM, NCTY, WYNN)

These are this Friday’s top early analyst upgrades, downgrades, and initiations from Wall Street research calls which may be moving shares of the underlying stocks:

Adobe Systems (NASDAQ: ADBE) Started as Buy at UBS.
FedEx (NYSE: FDX) Started as Overweight at Piper Jaffray.
Juniper Networks (NASDAQ: JNPR) Raised to Outperform at Oppenheimer.
Las Vegas Sands (NYSE: LVS) Started as Buy at Deutsche Bank.
Microsoft Corporation (NASDAQ: MSFT) Started as Buy at UBS.
Oracle Corp. (NASDAQ: ORCL) Started as Buy at UBS.
QUALCOMM Inc. (NASDAQ: QCOM) Raised to Outperform at Wells Fargo.
Salesforce.com (NYSE: CRM) Started as Neutral at UBS.
The9 Ltd (NASDAQ: NCTY) Cut to Neutral at JPMorgan.
Wynn Resorts Ltd. (NASDAQ: WYNN) Started as Buy at Deutsche Bank.

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 13, 2009 – 7:59 am in Analyst Calls, Technology Companies, , , , , , , , , ,

The New Economy: Up 3% From Nothing

hersheyThe CEO of American Express (NYSE:AXP) Kenneth Chenault said that credit card spending by his customer was up 3% in October compared to September and up 1% from October of last year. That is barely a rounding error. Amex shares rose on the news.

Fedex (NYSE:FDX) said it expects shipping traffic to move up during the holidays. One executive at the company said, “The levels of expectation are a bit higher.” But, that is only a bit Read More »

Posted on: November 11, 2009 – 5:24 am in Economy, Editor's Picks, , ,

Media Digest 11/11/2009 Reuters, WSJ, NY Times, FT, Bloomberg

newspaperReuters:   Two Bear Stearns hedge fund managers were acquited.

Reuters:   Zucker, NBCU’s current CEO, will head the company when Comcast (NASDAQ:CMCSA) buys a majority of the company from GE (NYSE:GE).

Reuters:  Dodd’s super-bank regulator fights a uphil battle in Congress.

Reuters:   Fed officials see an uneven recovery. Read More »

Posted on: November 11, 2009 – 4:09 am in Press Digest, , , , , , , , , , , , , ,

Media Digest 10/28/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

newspaperReuters:   The Nielsen survey shows consumer confidence up in the US for the first time since 2007.

Reuters:   Obama’s financial reforms are advancing in Congress.

Reuters:   The pay czar said his authority should not be expanded.

Reuters:   Obama’s “too big to fail” bill would curb bailouts. Read More »

Posted on: October 28, 2009 – 3:59 am in Press Digest, , , , , , , , , , , , , , , , ,

The 100 Hardest Working Brands In The World

hersheyThere are a number of ways to rank brand values. One of the most important is the level at which a brand contributes to the market value of a public company.

24/7 Wall St. asked Corebrand, the brand research and consulting firm, to look at the top 100 brands based their contribution to market capitalizaton. Using this method, the hardest working brand was Hershey (NYSE:HSY), followed  by Coca-Cola (NYSE:KO) and Harley-Davidson (NYSE:HOG)

Corebrand described the process briefly to 24/7 Wall. St.

24/7 Wall St.: Corebard often refers to the brands on this list as the”hardest working brands”. How did you come to that description?

Corebrand: There are a lot of people measuring and examining the “strongest brands” or the “most valuable brands”.  Our opinion is that examining one without the other is somewhat meaningless.  How “strong” a brand is nice to know but not very relevant unless you understand how that strength benefits business.  Similarly, “value” is little more than a measure of corporate size unless you understand the drivers of that value and how to influence it. By examining the strength of the brand and it’s contribution to total market value, we can help companies and their leadership manage that strength and value over time.

24/7 Wall St.: Is there any advantage or disadvantage to having a brand value be a very large percentage of market cap in the present and as an indication of a company’s future performance?

Corebrand: The brand will need to be in balance with the rest of the company’s assets.  A company should strive to have it’s brand strong enough to fend off competitors or changing market conditions but not so strong that it becomes overly dependent on the brand as a single driver of value.  If a company can achieve and maintain its appropriate maximum strength without becoming over-dependent, it will see greater returns in bull markets and retain greater value in bear markets.

The list: Read More »

Posted on: October 20, 2009 – 5:06 pm in Research, Uncategorized, , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Media Digest 9/21/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

newspaperReuters:   Obama is asking the G 20 to reshape the global economy.

Reuters:   Congress will demand details of the Bank of America/Merrill Lynch deal.

Reuters:   Holiday spending is expected to be flat.

Reuters:   It may be too late to catch the turnaround in eBay’s (EBAY) stock. Read More »

Posted on: September 21, 2009 – 4:01 am in Press Digest, , , , , , , , , , ,

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, , , , , , , , , , , , , , ,

The 100 Most Valuable Brands Of 2009?

bearSeveral consulting firms post annual figures for the world’s most valuable brands. The two best known are probably the Interbrand and BrandZ surveys. They are notably different, up until now at least. BrandZ includes a number of large brands from Asia. Interbrand does not.

24/7 Wall St. has put together a list of the most valuable brands of 2009 by looking at valuation calculations from a number of sources. Then a base valuation was taken from the 2008 Interbrand data to fix values for this year and changes from last.

Most methods take into account the future earnings of a brand for its parent company. This is fundamentally a guess particularly during a turbulent period in the global economy. Interbrand’s rule is that a brand most get at least a third of its revenue from outside its country-of-origin. That is arbitrary, particularly as it apply to brands in China.

24/7 Wall St. has made the assumption that the value of most brands have been hurt log-term by the deep recession.  Forward earnings estimates for many of the firms on this list show that. Those brands which post value improvements show much more modest increases than they would be in a stable economy.

Looking at the Interbrand list from last year, it is fair to ask why firms like Nissan, Wal-Mart (WMT) and Red Bull are not present.

Because the brands on this list are taken from names on the Interbrand survey, we have not made a calculation about which companies may be new to their list in 2009 or which may drop off.

Public firms which are part of this ranking include (KO)(IBM)(MSFT)(GOOG)(GE)(NOK)(TM)(INTC)(MCD)(DIS)(HPQ)(AXP)(C)(HMC)(ORCL)(AAPL)(SNE)(PEP)(HBC)(NKE)(UPS)(FDX)(SAP)(DELL)(JPM)(GS)(KL)(EBAY)(SI)(F)(AIG)(AMZN)(CAT)(AVP)(RIMM)(GPS)(TIF)(BP)(SBUX)(JNJ)(MAR)(V)

The 100:  Read More »

Posted on: September 13, 2009 – 9:01 pm in Research, , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Major Earnings on Deck This Coming Week (ADBE, BBY, KR, ORCL, DFS, FDX, PALM, PIR, JAVA)

bull-and-bear-image2We have a little flurry of key earnings coming this week.  We have provided detailed earnings estimates with Thomson Reuters consensus figures, with our own color for the recent performance, the charts, options, and other critical data when and where it stood out.  The companies covered are Adobe Systems Inc. (NASDAQ: ADBE), Best Buy Co. (NYSE: BBY), The Kroger Co. (NYSE: KR), Oracle Corp. (NASDAQ: ORCL), Discover Financial Services (NYSE: DFS), FedEx (NYSE: FDX), Palm, Inc. (NASDAQ: PALM), and Pier 1 Imports, Inc. (NYSE: PIR).
Read More »

Posted on: September 12, 2009 – 12:29 pm in Calendar, Consumer Electronics, Consumer Goods, Earnings, Food, Retail, Technology Companies, , , , , , , , ,

Transports Seeing Mixed Show on FedEx Guidance Hike (FDX, UPS, UNP, CSX, YRCW, NSC, KSU, BNI, JBHT, CNW, LSTR)

FedEx Logo PicWe just noticed over at our volume spike alert service that FedEx Corporation (NYSE: FDX) was already challenging 150% of its average volume and was triple volume what it normally has traded by this time of the morning. This was really ramping up rival United Parcel Service, Inc. (NYSE: UPS) with a 4% gain, and was taking up lesser players in the space as well.  But interestingly enough, this is not doing anything to boost the trading volume in railroad stocks. Railroad giants like Union Union Pacific Corp. (NYSE: UNP) and CSX Corp. (NYSE: CSX) are even lower on the day.  YRC Worldwide Inc. (NASDAQ: YRCW) is up significantly, and most truckers are up in sympathy.
Read More »

Posted on: September 11, 2009 – 11:33 am in Consumer Goods, Trading Alert, Transports, , , , , , , , , , ,

US Postal Service To Offer 30,000 Workers Buyouts

uncle samThe US Postal Service may be able to drive up the national rate of unemployment all on its own. The USPS will offer 30,000 workers buyouts. It has 650,000 workers, so that number is not as significant as it may seem at first.

The Postal Service expects to lose $7 billion this fiscal year. It believes that the buyouts could save $500 million, which is not nearly enough to solve its financial problems. According to The Wall Street Journal, workers who leave before January 1 would get a $10,000 payment at that point and another $5,000 later next year. Read More »

Posted on: August 25, 2009 – 5:18 pm in Internet, ,

Post Office May Close 700 Locations

uncle samThe writing has been on the wall for years. The Postal Service is slowly going out of business. The fax was the first piece of technology that cut into the need to mail letters and documents. FedEx (FDX) and UPS (UPS) took a lot of the agency’s shipping business away.

The final and most lethal damage was done by the internet. Broadband connections allow people and business to send e-mail, data, and huge documents from point-to-point around the world instantaneouslyfor nearly no cost. Read More »

Posted on: August 4, 2009 – 5:43 am in Regulation, ,

Media Digest 7/20/2008

Read More »

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

Top Analyst Upgrades (AMZN, COH, FDX, IPI, JWN, QCOM, RIMM, URBN)

These are Tuesday’s top analyst upgrades and positive research calls we have seen early this morning with more than two hours until the market opens:

  • Amazon.com (AMZN) Raised to Outperform at Cowen.
  • Coach (COH) Started as Outperform at Robert W. Baird.
  • FedEx (FDX) Raised to Overweight at Barclays.
  • Intrepid Potash (IPI) Started as Outperform at RBC.
  • Nordstrom (JWN) Started as Outperform at Robert W. Baird.
  • Qualcomm (QCOM) Started as Outperform at BMO Capital Markets.
  • Research in Motion (RIMM) Started as Outperform at BMO Capital Markets.
  • Urban Outfitters (URBN) Started as Outperform at Robert W. Baird.

Jon C. Ogg

Posted on: June 30, 2009 – 6:33 am in Analyst Calls, , , , , , , ,

Top Analyst Upgrades & Downgrades (BHP, BPI, CAG, COP, ETFC, FDX, MRVL, RTP, SONC, SBUX)

These are the top ten early bird analyst upgrades and downgrades from Wall Street early this Tuesday morning with more than two hours until the market opens.

BHP Billiton (BHP) Raised to Buy at Citigroup.
Bridgepoint Education (BPI) Cut to Neutral at Credit Suisse.
ConAgra (CAG) Raised to Buy at UBS.
ConocoPhillips (COP) Raised to Outperform at Bernstein.
E*TRADE (ETFC) Raised to Outperform at FBR.
FedEx (FDX) Raised to Overweight at JPMorgan.
Marvell Technology (MRVL) Cut to Hold at Deutsche Bank.
Rio Tinto (RTP) Raised to Buy at ING.
Sonic (SONC) Raised to Outperform at Oppenheimer.
Starbucks (SBUX) Raised to Outperform at Baird.

Jon C. Ogg
June 23, 2009

Posted on: June 23, 2009 – 6:25 am in Analyst Calls, , , , , , , , , ,

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

newspaperReuters:   Obama proposed sweeping reform for financial industry.

Reuters:    A number of large banks repaid TARP. (JPM)(GS)(BBT)(COP)(STT)(AXP)(USB)

Reuters:   Consumer prices show inflation is in check.

Reuters:   China could still be a big buyer of US debt.

Reuters:   NYSE will create a derivatives clearing house. Read More »

Posted on: June 18, 2009 – 3:07 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, , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Media Digest 6/9/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

newspaperReuters:  China must balance growth and reducing greenhouse gases.

Reuters:   The Supreme Court has delayed Chrysler’s Chapter 11.

Reuters:   The US will allow 10 banks to repay TARP funds.

Reuters:   The Boston Globe (NYT) union rejected pay cuts.

Reuters:   Auto suppliers are seeking new government aid.

Reuters:   The US bailout panel wants more bank stress tests. Read More »

Posted on: June 9, 2009 – 3:02 am in Autos, Banking, Consumer Electronics, Earnings, Economy, Labor & Unions, Management Change, Media, Old Media, PC Companies, Press Digest, Private Equity, Research, Wireless, , , , , , , , , , , , , , , , , , , , ,

Top Analyst Downgrades (AKS, AFL, CMA, DT, FDX, HAL, FITB, KEY, HOT)

burning-money-pic19These are some of the top pre-market analyst downgrades and negative calls we have seen from Wall Street firms with about two hours until the market open this Wednesday morning:

AK Steel (AKS) Cut to Sell at UBS.
AFLAC (AFL) Cut to Underweight at Barclays.
Comerica (CMA) Cut to Hold at Citigroup.
Deutsche Telekom (DT) was downgraded at both Deutsche Bank and JPMorgan after this week’s warning.
FedEx (FDX) Raised to Neutral at BofA-Merrill.
Halliburton (HAL) Cut to Equal Weight at Barclays.
Fifth Third Bancorp (FITB) Cut to Market Perform at BMO.
KeyCorp (KEY) Cut to Hold at Citigroup.
Starwood Hotels (HOT) Cut to Neutral at Baird.

JON C. OGG

Posted on: April 22, 2009 – 6:45 am in Analyst Calls, , , , , , , , ,