Posts for Ticker ‘GLW’

Top Analyst Upgrades (AFL, AMX, GLW, KOF, GIS, HIG, TIF, TJX)

These are this Tuesday morning’s top pre-market analyst upgrades, initiations, or relatively positive research calls from Wall Street:

AFLAC (NYSE: AFL) Raised to Neutral from Sell at UBS.
America Movil (NYSE: AMX) Raised to Buy at Citigroup.
Corning (NYSE: GLW) Raised to Buy at UBS.
Coca-Cola Femsa (NYSE: KOF) Raised to Buy at BofA/Merrill Lynch.
General Mills (NYSE: GIS) Raised to Overweight at Morgan Stanley
Hartford Financial (NYSE: HIG) Started as Buy at UBS.
Tiffany (NYSE: TIF) Started as Buy at Citigroup
TJX Companies (NYSE: TJX) Raised to Conviction Buy List (was Buy) at Goldman Sachs.

You can join our open email distribution list which goes out several times per week for reminders of the top day trader alerts, analyst upgrades and downgrades, IPO’s, key secondary offerings, guru investor data on Buffett and others, mergers, and more.

JON C. OGG
OCTOBER 6, 2009

Posted on: October 6, 2009 – 8:03 am in Analyst Calls, , , , , , , ,

Top Analyst Downgrades & Cautious Calls (BCE, GLW, FLIR, GOV, GR)

These are this Tuesday morning’s early-bird analyst downgrades and cautious research calls seen from Wall Street with about two hours until the market opens:

BCE (BCE) Cut to Neutral at UBS.
Corning (GLW) Started as Neutral at Goldman Sachs.
FLIR Systems (FLIR) Cut to Neutral at JPMorgan.
Government Properties Income Trust (GOV) Cut to Underperform at BofA/Merrill Lynch.
Goodrich Corp. (GR) Cut to Neutral at BofA/Merrill Lynch.

JON C. OGG

Posted on: September 15, 2009 – 7:39 am in Analyst Calls, , , , ,

Top 10 Analyst Upgrades and Downgrades (AEZS, AXP, ARTC, BRCD, GLW, CRXL, GS, IGT, MOT, TRA)

These are ten of the top analyst research upgrades, downgrades, and initiations seen early this Tuesday morning with about two hours until the market opens:

Aeterna Zentaris (AEZS) Cut to Sector Perform at RBC; cut at Canaccord and at Desjardins also.
American Express (AXP) Raised to Outperform at KBW.
Arthrocare (ARTC) Raised to Buy at Canaccord.
Brocade (BRCD) Raised to Strong Buy at S&P.
Corning (GLW) Raised to Outperform at Oppenheimer.
Crucell (CRXL) Cut to Sell at ING.
Goldman Sachs (GS) Raised to Buy at Pali.
International Game Tech (IGT) Raised to Overweight at JPMorgan.
Motorola (MOT) Started as Buy at Canaccord.
Terra Industries (TRA) Started as Overweight at JPMorgan.

JON C. OGG
AUGUST 18, 2009

Posted on: August 18, 2009 – 7:53 am in Analyst Calls, , , , , , , , , ,

Top Day Trader Alerts (AET, GLW, TMS, YGE, CALM, ANR)

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:

Aetna Inc. (NYSE: AET) shares are down sharply on earnings affected by significantly higher commercial medical costs.

Corning Inc. (NYSE: GLW) shares are down on disappointing expectations for glass shipments.

Thomson (Nasdaq: TMS) shares are rising after the French media and technology firm said agreed to a debt restructuring with its creditors.

Yingli Green Energy Holding Co. (NYSE: YGE) shares are up on comments by CNBC’s Jim Cramer on his “Mad Money” show.

Cal-Maine Foods Inc. (Nasdaq: CALM) are down sharply in the premarket after a big earnings miss.

Alpha Natural Resources Inc. (NYSE: ANR) sees some early signs of a market turnaround, but are falling after missing EPS by 16 cents.

-The 24/7 Wall St. Team

Posted on: July 27, 2009 – 8:11 am in Pre-Market Activity, Trading Alert, , , , , ,

Top Analyst Upgrades and Downgrades (GLW, CPN, DYN, DE, EIX, IR, LM, STX, SLM, WOOF)

These are this Thursday’s top ten independent analyst calls with upgrades, downgrades and initiations from Wall Street brokerage firms with more than two hours until the market opens:

Corning (GLW) Started as Outperform at Morgan Keegan.
Calpine (CPN) Cut to Underperform at Jefferies.
Dynegy (DYN) Cut to Underperform at Jefferies.
Deere (DE) Raised to Neutral at Goldman Sachs.
Edison (EIX) Cut to Hold at Jefferies.
Ingersol-Rand (IR) Raised to Overweight at JPMorgan.
Legg Mason (LM) Raised to Hold at Deutsche Bank.
Seagate Tech (STX) Raised to Hold at Deutsche Bank.
SLM Corp. (SLM) Raised to Overweight at JPMorgan.
VCA Antech (WOOF) Raised to Buy at Sun Trust Robinson Humphrey.

Jon C. Ogg
June 25, 2009

Posted on: June 25, 2009 – 6:37 am in Analyst Calls, , , , , , , , , ,

Media Digest 4/29/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

newspaper26According to Reuters, world health officials are fighting to contain the new flu.

Reuters reports that the government may be pressing Citigroup (C) and Bank of America (BAC) to raise more money.

Reuters writes that GM (GM) has offered its final survival plan.

Reuters reports that the UAW will end up owning 55% of Chrysler.

Reuters writes that Democrats are close to passing the 2010 federal budget. Read More »

Posted on: April 28, 2009 – 2:57 am in Banking, Earnings, Economy, Hardware, Labor & Unions, Oil & Gas, Old Media, Press Digest, Semiconductors, Technology, Technology Companies, Telecom, , , , , , , , , , , , , , , ,

Top Analyst Downgrades (GLW, ETN, EBAY, GMCR, INTU, WFR, VDSI, WFC, WYNN)

These are most of the top pre-market analyst downgrades and cautious research notes we have seen from Wall Street analysts this Monday morning:

Corning (GLW) Cut to Perform at Oppenheimer.
Eaton (ETN) Cut to Neutral at UBS.
eBay (EBAY) Cut to Sell at Collins Stewart.
Green Mountain Coffee (GMCR) Cut to Neutral at Sun Trust Robinson Humphrey.
Intuit (INTU) Cut to Neutral at UBS.
MEMC Electronic Material (WFR) Cut to Neutral at Piper Jaffray.
VASCO Data Security (VDSI) Cut to Neutral at FBR.
Wells Fargo (WFC) Cut to Market Perform at KBW.
Wynn Resorts (WYNN) Cut to Underperform at Oppenhemer.

JON C. OGG

Posted on: April 13, 2009 – 6:50 am in Analyst Calls, , , , , , , , ,

Citi Upgrades Corning (GLW) to Buy; Finally Time to Get Positive

Citi upgrades Corning Incorporated (NYSE: GLW) from Hold to Buy and raises its price target from $11.25 to $16, saying LCD glass production/sales have bottomed & should move sequentially higher.

Citi analyst says, “Our upgrade is based on three points: 1) LCD glass production/sales have bottomed & should move sequentially higher in 2Q; 2) Current glass demand now supported by restocking, but will see 2H09 hand-off to end market demand; 3) GLW should see production increase sequentially from 2Q09 through year-end, with strong positive impact on revenues, margins, EPS…

Read more….

Posted on: March 23, 2009 – 8:30 am in Uncategorized,

Top Analyst Upgrades & Downgrades (A, CRA, CNQR, GLW, AZO, BHP, CERN, GOL, ORLY)

These are the top pre-market analyst upgrades and downgrades we have seen with just about two hours until the market opens this Monday morning:

Agilent (A) Raised to Outperform at Credit Suisse.
Celera (CRA) Raised to Overweight at Thomas Weisel.
Concur Tech (CNQR) Raised to Buy at Piper Jaffray.
Corning (GLW) Raised to Buy at Citigroup.
AutoZone (AZO) Cut to Neutral at UBS.
BHP Billiton (BHP) Cut to Underperform at Credit Suisse.
Cerner (CERN) Cut to Hold at Deutsche Bank.
GOL Linhas Areas Inteligentes (GOL) Cut to Neutral at UBS.
O’Reilly Auto (ORLY) Cut to Neutral at UBS.

JON C. OGG
March 23, 2009

Posted on: March 23, 2009 – 6:50 am in Analyst Calls, , , , , , , , ,

Is The Corning (GLW) News A ‘Green Shoot’?

Is today’s Corning (NYSE: GLW) news one of the “green shoots” Fed Chairman Ben Bernanke was talking about?

Corning said it now believes total glass volume for the first quarter could be flat to down 5% sequentially, versus its original guidance of down 20% to 25%. Corning now believes it will have positive net income, excluding special items, in the first quarter.

Read more….

Posted on: March 19, 2009 – 8:32 am in Uncategorized,

Top Analyst Upgrades (BIG, GLW, DRIV, DUK, KSS, MEOH, PFE, STP, TRV, WYE)

money-stack-image19These are the top pre-market analyst upgrades and positive calls we have seen from analysts this Tuesday morning:

  • Big Lots (BIG) Raised to Buy at Soleil.
  • Corning (GLW) Raised to Buy at Collins Stewart.
  • Digital River (DRIV) Raised to Buy at Deutsche Bank.
  • Duke Energy (DUK) Raised to Outperform at Credit Suisse.
  • Kohl’s (KSS) Raised to Buy at BofA Merrill.
  • Methanex (MEOH) Raised to Outperform at CIBC.
  • Pfizer (PFE) Raised to Buy at UBS.
  • Suntech Power (STP) Raised to Market Weight at Thomas Weisel.
  • Travelers (TRV) Started as Outperform at Oppenheimer.
  • Wyeth (WYE)  Raised to Buy at UBS.

JON C. OGG

Posted on: March 10, 2009 – 6:33 am in Analyst Calls, , , , , , , , , ,

Corning Talking Up LCD Business (GLW)

Corning Incorporated (NYSE: GLW) President and Chief Operating Officer Peter F. Volanakiswill address the Morgan Stanley Technology Conference in San Francisco today.  The company is updating its guidance and is giving some of its targets for 2009.  Surprisingly enough, it isn’t all that bad when you consider the reports  given by others in recent weeks.
Read More »

Posted on: March 2, 2009 – 9:14 am in Technology Companies,

Tuesday’s Top Analyst Upgrades & Downgrades (BJ, GLW, DRI, DTSI, ITW, RBS, VIA, BHP, COF, FITB, MAT, STO)

These are some of Tuesday morning’s top pre-market upgrades and downgrades we have seen from Wall Street analysts with more than two hours until the open:

  • BJ’s Wholesale (NYSE: BJ) Raised to Buy at UBS.
  • Corning (NYSE: GLW) Started as Outperform at Oppenheimer.
  • Darden restaurants (NYSE: DRI) Started as Outperform at Baird.
  • Digital Theater Systems (NASDAQ: DTSI) Raised to Overweight at JPMorgan.
  • Illinois Toolworks (NYSE: ITW) Raised to Overweight at JPMorgan.
  • Royal Bank of Scotland (NYSE: RBS) Raised to Overweight at HSBC.
  • Viacom (NYSE: VIA) Raised to Overweight at Barclays.
  • BHP Billiton (NYSE: BHP) Cut to Hold at ABN AMRO.
  • Capital One (NYSE: COF) Target cut by more than half to $18 at Goldman Sachs.
  • Fifth Third (NASDAQ: FITB) Target cut 75% down to $2.00 at Goldman Sachs.
  • Mattel (NYSE: MAT) Cut to Neutral at Piper Jaffray.
  • StatoilHydro (NYSE: STO) Cut to Underweight at Morgan Stanley.

Jon C. Ogg
February 3, 2009

Posted on: February 3, 2009 – 7:29 am in Analyst Calls, , , , , , , , , , , ,

The New Layoff Kings: Thirty Companies Fire 173,000 People

Bejiqcavb2e9ycazw6i8pcauk6iqhca6p_2Continuing jobless claims rose by 159,000 in the week ended Jan. 17 to a seasonally adjusted 4.78 million, the most since the government’s records began in 1967. The number of unemployed people in the US could rise by one million this month, almost twice the figure for December.

Where are the job losses coming? Only thirty firms account for over 173,000 of the firings so far this month.

Read More »

Posted on: January 29, 2009 – 2:57 pm in Management Change, , , , , , , , , , , , , , , , , , ,

Early Bird Analyst Downgrades (ADBE, BLKB, GLW, DE, ERIC, PCG, PPDI, PLD)

Burning_money_picThese are some of the analyst downgrades we have seen from Wall Street this Tuesday morning with more than two hours until the open:

  • Adobe Systems (NASDAQ: ADBE) Cut to Underperform at FBR.
  • Blackbaud (NASDAQ: BLKB) Started as Sell at Maxim Group.
  • Corning (NYSE: GLW) Cut to Market Weight at Thomas Weisel.
  • Deere & Co. (NYSE: DE) Cut to Neutral at JPMorgan.
  • Ericsson (NASDAQ: ERIC) Cut to Sell at UBS.
  • PG&E (NYSE: PCG) Cut to Neutral at Goldman Sachs.
  • Pharmaceutical Product Development (NASDAQ: PPDI) Cut to Neutral at Goldman Sachs.
  • ProLogis (NYSE: PLD) Cut to Underweight at JPMorgan.

Jon C. Ogg
January 13, 2009

Posted on: January 13, 2009 – 7:16 am in Analyst Calls, , , , , , , ,

Media Digest 11/19/2008 Reuters, WSJ, New York Times, FT, Bloomberg.

NewspaperAccording to Reuters, Toyota (TM) cut production and Nissan was downbeat about its prospects.

Reuters reports that if a new CEO at Yahoo! (YHOO) wants to be well-regarded by shareholders, he or she must be willing to do a deal with Microsoft (MSFT).

Reuters reports that oil is trading steady around $54.

Read More »

Posted on: November 19, 2008 – 3:57 am in Press Digest, , , , , , , , , , , , , , , ,

Corning Lowers Lowered Lows (GLW)

Corning_logoCorning Inc. (NYSE: GLW) is making a presentation this morning at a UBS conference, and it is adding more negative sentiment on top of what was already there.  CFO James Flaws said the company is withdrawing its previously given guidance for this fourth quarter.

Read More »

Posted on: November 18, 2008 – 8:55 am in Earnings Warning, Technology Companies,

As Market Plunges, Major Stocks Fall Under $10 (AEO, BCS, C, GLW, DRYS, IPAR, IPCS, LULU)

Burningmoney_3The market message has been the same for the entire last week.  Carnage and mayhem.  But what is interesting is how many household companies and how many widely held stocks have this week or today dipped under the $10.00 stock price.  This is horrible because it screws up options trading and begins to genuinely worry investors who were already worried.  Shares never dip under $10.00 because things are going so well.

American Eagle Outfitters Inc. (NYSE: AEO) broke under $10.00 early Monday and hasn’t been able to look back.   After a same store sales drop of 12% last week, the coolness looks long gone.  Maybe they could do a deal with Gap and really damage themselves.

Barclays plc (NYSE: BCS) hit $9.65 today, which is back to mid-1990’s levels.  The number one position in ETF’s can’t keep the financial giant from ruin.

Read More »

Posted on: November 12, 2008 – 2:50 pm in HI/LOW, Trading Alert, , , , , , , ,

Corning Outlines Slower Growth Expectations (GLW)

Corning_logoCorning Inc. (NYSE: GLW) is addressing the slowing economies and supplies and how these will impact the company.   Vice Chairman and CFO James Flaws is presenting some longer-term projection data at the Maxim Group Growth Conference today in New York City.  Third-quarter glass volume shipments for the company’s wholly owned business and Samsung Corning Precision Glass Co., Ltd. grew less than expected at a rate of 2% sequentially, as there was a more pronounced shift in glass demand to Corning’s equity venture.  Corning Precision Glass volume was up 12%, but volume at Corning’s wholly owned business was down 10%.  Despite lower volume, it is reaffirming its earnings guidance and there is an obvious case of "Good News, Bad News" to consider.

Read More »

Posted on: October 7, 2008 – 8:25 am in Technology Companies,

Top Pre-Market Analyst Upgrades (CEDC, DL, GLW, ECLP, HPQ, KMB, RTP)

This morning is looking actually a bit dull in analyst coverage, but there are some key analyst calls that are affecting shares.  These are the upgrades or positive analyst calls we are seeing this morning:

  • Central European Distribution (CEDC) started as buy at Deutsche Bank.
  • China Distance Education (DL) started as outperform at Oppenheimer.
  • Corning (GLW) raised to overweight at Thomas Weisel.
  • Eclipsys (ECLP) started as buy at Deutsche Bank.
  • Hewlett-Packard (HPQ) raised to outperform at Bernstein.
  • Kimberly-Clark (KMB) raised to buy at Citigroup.
  • Rio Tinto (RTP) raised to buy at Canaccord.

Jon C. Ogg
September 9, 2008

Posted on: September 9, 2008 – 7:35 am in Analyst Calls, , , , , , ,