Posts for Ticker ‘GFIG’

The Unusual Suspects (BEAT, CIT, CIT-PZ, GNW, GFIG, HGSI, GSK, MCO, BRK-A, RVSN, CSCO)

bull-and-bear-image2Earnings season is seeming to wind down here, but that won’t stop the unusual suspects of key equity events and issues to watch this coming week.  We are looking into key issues for the coming week in the stocks of CardioNet, Inc. (NASDAQ:BEAT), CIT Group, Inc. (NYSE: CIT), Genworth Financial Inc. (NYSE:  class=GNW), GFI Group Inc. (NASDAQ: GFIG), Human Genome Sciences Inc. (NASDAQ: HGSI), GlaxoSmithKline Plc (NYSE: GSK), Moody’s Corp. (NYSE: MCO), Berkshire Hathaway Inc. (NYSE: BRK-A), RADVISION Ltd. (NASDAQ: RVSN) and Cisco Systems Inc. (NASDAQ: CSCO).
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Analyst Downgrade Onslaught Continues (ASML, CMG, FORM, GFIG, ICE, KLAC, MSSR, MPEL, MRG, PEET, PRXI, PHM, RGLD, JAVA, TCK, TER, UDR, VNO)

Burning_money_pic_2This morning was a shocker on just how many analyst downgrades and very negative calls were out from Wall Street analysts.  The sad part is this is only part of the onslaught that we are still seeing.

  • ASML (NASDAQ: ASML) Cut to Market Perform at FBR.
  • Chipotle (NYSE: CMG) Cut to Neutral at Piper Jaffray.
  • FormFactor (NASDAQ: FORM) Cut to Market Perform at FBR.
  • GFI Group (NASDAQ: GFIG) Cut to Hold at Deutsche Bank.
  • IntercontinentalExchange (NYSE: ICE) Cut to Hold at Deutsche Bank.
  • KLA-Tencor (NASDAQ: KLAC) Cut to Market Perform at FBR.
  • McCormick & Schmick’s (NASDAQ: MSSR) Cut to Neutral at Piper Jaffray.
  • Melco Crown (NASDAQ: MPEL) Cut to Hold at Deutsche Bank.
  • Morton’s Restaurant Group (NYSE: MRG) Cut to Neutral at Piper Jaffray.
  • Peet’s Coffee & Tea (NASDAQ: PEET) Cut to Neutral at Piper Jaffray.
  • Premier Exhibitions (NASDAQ: PRXI) Cut to Neutral at Merriman Curhan Ford.
  • Pulte Homes (NYSE: PHM) Cut to Neutral at JPMorgan.
  • Royal Gold (NASDAQ: RGLD) Cut to Sector Underperform at CIBC.
  • Sun Microsystems (NASDAQ: JAVA) Cut to Sell from Neutral at Goldman Sachs (added details).
  • Teck (NYSE: TCK) Cut to Neutral at UBS.
  • Teradyne (NYSE: TER) Cut to Market Perform at FBR.
  • UDR Inc. (NYSE: UDR) Cut to Sell at Goldman Sachs.
  • Vornado (NYSE: VNO) Cut to Neutral at Goldman Sachs.

Jon C. Ogg
January 8, 2009

Top Pre-Market Analyst Upgrades (ACE, NLY, ESLR, GFIG, HOKU, ITG, GS, KR, MON, NDAQ, TRV)

These are some of the positive calls and upgrades we have seen from analysts this morning:

  • ACE Ltd. (ACE) raised to buy at Goldman Sachs.
  • Annaly Capital (NLY) raised to overweight at JPMorgan.
  • Evergreen Solar (ESLR) raised to hold at Citigroup.
  • GFI Group (GFIG) raised to outperform at KBW.
  • Hoku Scientific (HOKU) raised to buy at Broadpoint.
  • Investment Technology Group (ITG) raised to outperform at KBW.
  • Goldman Sachs (GS) raised to outperform at Wachovia.
  • Kroger (KR) raised to buy at B of A.
  • Monsanto (MON) raised to buy at BB&T.
  • NASDAQ OMX (NDAQ) raised to outperform at KBW.
  • Travelers (TRV) raised to buy at Goldman Sachs.

Jon C. Ogg
September 17, 2008

Top 10 Pre-Market Analyst Calls (GFIG, GU, HTZ, MBT, NSM, PM, SGP, TOC, TIBX, VOD)

These are not all of the calls we are seeing this morning, but these are the top analyst calls we see affecting shares in pre-market trading this Monday morning:

  • GFI Group (NASDAQ: GFIG) started as Market Perform at KBW.
  • Gushan Environmental Energy (NYSE: GU) downgraded to Neutral from Buy at Piper Jaffray.
  • Hertz Global (NYSE: HTZ) downgraded to Neutral from Buy at UBS.
  • Mobile Telesystems (NYSE: MBT) raised to Outperform at Credit Suisse.
  • National Semiconductor (NYSE: NSM) started as Market-weight at Thomas Weisel.
  • Philip Morris International (NYSE: PM) started as Overweight at Lehman.
  • Schering-Plough (NYSE: SGP) downgraded to Equal-weight from Overweight at Lehman Brothers.
  • Thomson (NYSE: TOC) downgraded to Hold from Buy at Deutsche Bank.
  • TIBCO Software (NASDAQ: TIBX) downgraded to Underperform from Hold at Jefferies.
  • VODAFONE (NYSE: VOD) downgraded to Underweight at Morgan Stanley.

Jon C. Ogg
March 31, 2008

The 52-Week Low Club (BSC)(LEH)(C)(MER)

Bear Stearns (BSC) For those not on the planet today, firm was bought out by JP Morgan (JPM). Shares fall to $2.84 from 52-week high of $159.36.

Lehman Brothers (LEH) Fall out from banking system problems. Drops to $20.25 from 52-week high $82.05.

National City (NCC) Bank was downgraded. Has mortgage and commericial loan exposure. Sells down to $6.66 from 52-week high of $38.32.

MFGlobal (MF) Rumors about liquidity problems takes shares down to $3.64 from 52-week high of $32.20.

CIT (CIT) Worries about its credit quality bury it at $9.55 down from 52-week high of $61.47.

Citigroup( (C) drops to $17.99 from 52-week high of $55.55.

Merrill Lynch (MER) down to $37.25 from 52-week high of $85.

Force Protection (FRPT) Losing business to rivals and will delay 10-K. Down to $1.03 from $30.

GFI Group (GFIG) The inter-dealer broker is pulled down by concerns in the sector. Down to $32.66 from 52-week high of $103.16.

Blackstone (BX) Private equity group down to $13.40 from 52-week high of $38.

Douglas A. McIntyre

Top 10 Pre-Market Analyst Calls (ABK, MBI, SCA, BBBY, BAM, DHT, GFIG, PHG, PCLN, RIMM, SPLS, WWY)

These are not the only analyst calls out there, but these are the top calls that 247WallSt.com is focusing on today:

  • Ambac (ABK), M B I A Inc. (MBI), and Security Capital Assurance (SCA) were downgraded to Neutral from Buy at Banc of America (that was real timely).
  • Bed Bath & Beyond (BBBY) raised to Buy from Neutral at UBS.
  • Brookfield Asset Management (BAM) raised to Outperform from Neutral at Credit Suisse.
  • Double Hull Tankers (DHT) raised to Buy from Hold at Citigroup.
  • GFI Group (GFIG) raised to Buy at Goldman Sachs.
  • Philps Electronics (PHG) downgraded to Underweight from Overweight at Lehman.
  • Priceline.com (PCLN) raised to Buy from Hold at Citigroup.
  • Research in Motion (RIMM) raised to Outperform at Oppenheimer.
  • Staples (SPLS) raised to Buy from Neutral at UBS.
  • Wrigley (WWY) raised to Overweight from Neutral at JPMorgan.

Jon C. Ogg
January 18, 2008

Pre-Market Analyst Calls (July 17, 2007)

AMR raised to Neutral at UBS.
BEAS raised to Outperform at Credit Suisse.
BHP cut to Hold at Deutsche Bank.
BTU cut to Neutral at HSBC.
COGN raised to Strong Buy at JMP Securities.
CPA raised to Overweight at JPMorgan.
CRZO cut to Hold at Jefferies.
DAL raised to Neutral at UBS.
DK started as Hold at Deutsche Bank.
EME started as Buy at KeyBanc/McDonald.
GFIG cut to Hold at Citigroup.
GSIC started as Hold at Jefferies.
IACI started as Neutral at B of A.
JEC started as Buy at KeyBanc/McDonald.
NLS cut to Sector Perform at RBC.
ORB raised to Outperform at Wachovia.
PWR started as Buy at KeyBanc/McDonald.
RCI started as Overweight at JPMorgan.
ROH raised to Buy at Citigroup.
SAPE raised to Outperform at FBR.
TWB raised to Outperform at FBR.
UAUA raised to Neutral at UBS.
VSCN cut to Sell at Deutsche Bank.
WAT started as Hold at Deutsche Bank.
WTSLA started as Buy at Merriman Curhan Ford.

Jon C. Ogg
July 17, 2007

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