Posts for Ticker ‘GSIC’

Secondary Offerings Run At Market Flood Rates (MPEL, GSIC, AWK, GLDD, YSI, TBBK, HMPR, SBCF, CADE, UMPQ)

money-stack-imageIt is one thing that we had two fairly large IPOs this week.  But the flood of public secondary stock offerings is almost running at alarming levels when you consider that these share sales are after such a large run-up in the markets.  Melco Crown Entertainment Ltd. (NASDAQ: MPEL) $200 million and GSI Commerce Inc. (NASDAQ: GSIC) (and holders) sold about $201 million in secondary offerings this morning.  Other stocks in offerings are scheduled from American Water Works Co. (NYSE: AWK), Great Lakes Dredge & Dock Corp. (NASDAQ: GLDD), and U-Store-It Trust (NYSE: YSI).  Then there is the flood of regional and community banks selling stock.

Details are as follows:
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Posted on: August 13, 2009 – 11:52 am in Secondary Offering, , , , , , , , , ,

Top Day Trader Alerts (GSIC, BPAX, PALM, MPEL, C, RF)

These are this morning’s top day trader alert stocks and actively traded stock movers.  We have more detailed price and volume analysis with links to each over at VSInvestor.com:

GSI Commerce Inc. (NASDAQ: GSIC) is down almost 5% on a juiced up secondary offering.

BioSante Pharmaceuticals, Inc. (NASDAQ: BPAX) is up over 30% on positive Phase III safety data.

Palm Inc. (NASDAQ: PALM) is down over 4% early on an analyst downgrade.

Melco Crown Entertainment Ltd. (NASDAQ: MPEL) is likely to have the most active day of 2009 on its secondary.

Citigroup Inc. (NYSE: C) was up 3% but the most active on NYSE on an internal management review process.

Regions Financial (NYSE: RF) was the biggest winner of the John Paulson added-banks.

JON C. OGG
AUGUST 12, 2009

Posted on: August 13, 2009 – 9:06 am in Pre-Market Activity, Trading Alert, , , , , ,

The Unusual Suspects (MS, GENZ, SPPI, CBST, DNDN, OPXA, BRK-A, FRED, GSIC, AMAT, WMT, LEAP, PCS)

We have some very unusual developments that came late in the week that we want you to keep on your watch lists for the coming week.  We also included the big events coming down the pipe for next week.  Morgan Stanley (NYSE: MS) is of ongoing interest.  Genzyme Corp. (NASDAQ: GENZ), Spectrum Pharmaceuticals, Inc. (NASDAQ: SPPI), Cubist Pharmaceuticals Inc. (NASDAQ: CBST), Dendreon Corp. (NASDAQ: DNDN), Opexa Therapeutics, Inc. (NASDAQ: OPXA) are all of special interest this next week.  Other key issues to watch will be Berkshire Hathaway Inc. (NYSE: BRK-A), Fred’s Inc. (NASDAQ: FRED), GSI Commerce Inc. (NASDAQ: GSIC), Applied Materials Inc. (NASDAQ: AMAT), Wal-Mart Stores Inc. (NYSE: WMT), Leap Wireless (NASDAQ: LEAP), and MetroPCS (NYSE: PCS).
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Posted on: August 8, 2009 – 11:47 am in Biotech, Calendar, Earnings, Economy, Rumors, Secondary Offering, Semiconductor, Technology Companies, Wireless, , , , , , , , , , , , ,

Top Pre-Market Analyst Downgrades (ASML, GSIC, LVLT, NYX, PACR, PBR, PT, QGEN, SAP, TGH)

burning-money-pic7These are this Thursday’s early bird analyst downgrades and negative research calls with more than two hours until the market opens:

ASML (ASML) Cut to Neutral at B of A Merrill Lynch.
GSI Commerce (GSIC) Cut to Hold at Jefferies.
Level 3 Communications (LVLT) Cut to Underweight at JPMorgan.
NYSE Euronext (NYX) Cut to Hold at Citigroup.
Pacer International (PACR) Cut to Underperform at Baird.
Petrobras (PBR) Cut to Hold at Citigroup.
Portugal Telecom (PT) Cut to Underweight at Morgan Stanley.
Qiagen (QGEN) Cut to Neutral at Credit Suisse.
SAP (SAP) Cut to Underperform at FBR.
Textainer (TGH) Cut to Market Perform at Wachovia.

JON OGG

February 12, 2009

Posted on: February 12, 2009 – 7:22 am in Analyst Calls, , , , , , , , , , , ,

Second Round Analyst Downgrades (AINV, T, GSIC, MFE, NVLS, SNH, TSO, TXRH, VZ)

Burning_money_picIt seems that the early bird analyst calls did not capture the notion that analysts are starting 2009 with more opportunities to downgrade stocks.  Here are some additional pre-market analyst downgrades from Wall Street this Monday morning:

  • Apollo Investment Corporation (NASDAQ: AINV) Cut to Sell at Stifel Nicolaus; shares are down over 5% on the call.
  • AT&T (NYSE: T) Cut to Market Perform at Bernstein; shares down over 2%.
  • GSI Commerce (NASDAQ: GSIC) Cut to Hold at Stifel Nicolaus.
  • McAfee (NYSE: MFE) Cut to Neutral at Credit Suisse.
  • Novellus (NASDAQ: NVLS) Cut to Underperform at Credit Suisse.
  • Senior Housing (NYSE: SNH) Cut to Neutral at UBS; shares indicated down 2%.
  • Tessoro (NYSE: TSO) Cut to Sell at Soleil.
  • Texas Roadhouse (NASDAQ: TXRH) Cut to Neutral at Credit Suisse.
  • Verizon Communications (NYSE: VZ) Cut to Underperform at Bernstein; shares down almost 3%.

Here are the top 10 pre-market analyst upgrades and downgrades:

Jon C. Ogg
January 5, 2009

Posted on: January 5, 2009 – 9:24 am in Analyst Calls, , , , , , , , ,

Top 10 Pre-Market Analyst Calls (AIG, AZN, GLUU, GSIC, HOLX, HUM, JASO, LEAP, MON, WBD)

These are not the only analyst calls this morning, but these are 10 impact calls we are reviewing this Thursday morning:

  • American International Group (NYSE: AIG) Cut To Equal-weight at Morgan Stanley.
  • AstraZeneca (NYSE: AZN) raised to Neutral from Sell at UBS.
  • Glu Mobile (NASDAQ: GLUU) cut to Sell from Hold at Deutsche Bank.
  • GSI Commerce (NASDAQ: GSIC) raised to Buy at Jefferies.
  • Hologic (NASDAQ: HOLX) Started as Overweight at Morgan Stanley.
  • Humana (NYSE: HUM) raised to Neutral from Sell at UBS.
  • JA Solar (NASDAQ: JASO) Raised to Overweight at Lehman.
  • Leap Wireless (NASDAQ: LEAP) Raised to Market Perform at Wachovia.
  • Monsanto (NYSE: MON) raised to Buy at Banc of America.
  • Wimm-Bill-Dann Foods (NYSE: WBD) Raised to Outperform at Credit Suisse,

Jon C. Ogg
March 13, 2008

Posted on: March 13, 2008 – 6:24 am in Analyst Calls, , , , , , , , , ,

Top 10 Pre-Market Analyst Calls (AW, CPT, ESPG, GSIC, GE, EFII, IR, MVSN, SAI, UPS)

These aren’t the only analyst calls moving stocks this morning, but these are the ones that 247WallSt.com is focusing on:

  • Allied Waste (AW) downgraded to Neutral at JPMorgan.
  • Camden Property (CPT) downgraded to Peer Perform at Bear Stearns; downgraded to Underweight at JPMorgan.
  • eSpeed (ESPD) raised to Buy from Neutral at Goldman Sachs.
  • Electronics for Imaging (EFII) downgraded to Market Perform at BMO Capital and downgraded to Underperform at Collins Stewart.
  • General Electric (GE) lowered price targets to $38 from $42 at Goldman Sachs, although it maintained a Buy rating.
  • GSI Commerce (GSIC) raised to Outperform at Bear Stearns.
  • Ingersoll Rand (IR) raised to Overweight at Lehman.
  • Macrovision (MVSN) raised to Buy at Jefferies.
  • SAIC (SAI) raised to Overweight at JPMorgan.
  • UPS (UPS) raised to Outperform at Bear Stearns.

Jon C. Ogg
January 10, 2008

Posted on: January 10, 2008 – 9:04 am in Analyst Calls, , , , , , , , , ,

Top 10 Pre-Market Analyst Calls (AFFX, C, DIS, DSCM, GSIC, JBLU, PNRA, UN, UNTD, DVN, KWK, NFX, EOG, FTO)

These are not the only important analyst calls out there, but these are the top analyst calls that 24/7 Wall St. is focusing on:

  • Affymetric (AFFX) raised to Buy at UBS.
  • Citigroup (C) saw its Debt rating cut from Aa2 to Aa3 and financial strength cut from A to B at Moody’s based on capital ratios.
  • Disney (DIS) raised to Buy at UBS.
  • Drugstore.com (DSCM) started as Buy at Banc of America.
  • GSI Commerce (GSIC) cut to Hold at Jefferies.
  • Jetblue Airways (JBLU) raised to Peer Perform at Bear Stearns.
  • Panera Bread (PNRA) Cut to Neutral at Sun Trust Robinson Humphreys.
  • Unilever (UN) started as Buy at Banc of America.
  • United Online (UNTD) raised to Buy at Jefferies.
  • Credit Suisse makes downgrades in oil patch: Devon (DVN), EOG Resources (EOG), Frontier (FTO), Newfield Exploration (NFX), Quicksilver (KWK).

Jon C. Ogg
December 14, 2007

Posted on: December 14, 2007 – 8:19 am in Analyst Calls, , , , , , , , , , , , , ,

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.

Posted on: July 17, 2007 – 6:43 am in Analyst Calls, , , , , , , , , , , , , , , , , , ,