Posts for Ticker ‘HW’

Top Analyst Downgrades (ANSS, CBT, ED, CFR, DUK, LLY, EL, GGP, HW, ISRG, OMTR, RBS)

These are some of the top analyst downgrades and cautious research calls we have seen from Wall Street early this Tuesday morning:

Ansys (ANSS) Cut to Neutral from Overweight at JPMorgan.
Cabot (CBT) Cut to Underweight at JPMorgan.
Consolidated Edison (ED) Cut to Neutral at Credit Suisse.
Cullen/Frost Bankers (CFR) Cut to Underperform at Oppenheimer.
Duke Energy (DUK) Cut to Neutral at Credit Suisse.
Eli Lilly (LLY) Cut to Underperform at Leerink Swann.
Estee Lauder (EL) Cut to Sell at UBS.
General Growth Properties (GGP) Cut to Market Perform at Wachovia.
Headwater (HW) Cut to Hold at Canaccord Adams.
Intuitive Surgical (ISRG) Cut to Market Perform at Leerink Swann.
Omniture (OMTR) Cut to Hold at Citigroup.
Royal Bank of Scotland (RBS) Cut to Market Perform at Bernstein.

JON C. OGG

Pre-Market Stock News (August 15, 2007)

(AMAT) Applied Materials trading down 3% after yesterday’s earnings.
(CSC) CSC said it is part of a large government pact that will result in close to $900 million to CSC.
(DE) Deere $2.37 EPS vs $1.99 est.; sees 2007 inline with estimates.
(ERJ) Embraer SA $0.36 EPS vs $0.45 est.; unsure if comparable because of ADR.
(ETFC) E*TRADE said July averagge trades grew 20.8% sequentially, but said total retail assets decresed 1.9% and margin debt rose 5.5%; has been increasing share buyback activities.
(GNW) Genworth is meeting with investors to discuss its investment portfolio, including subprime and alt-A mortgage loans.
(HW) Headwaters CFo is leaving to becoming CFo of a private company.
(IAG) IAMGOLD $0.04 EPS vs $0.07 est.
(M) MAcy’s $0.29 EPS vs $0.26 est.
(SIRI) SIRIUS Satellite Radio Introduces the Stiletto 2.
(SLE) Sara Lee $0.17 EPS vs $0.13 est.; 2008 earnings guidance may be light.
(TSEM) Tower Semi -0.28 EPS vs -$0.31 est.
(WBSN) Websense names new CFO.
(ZOLT) Zoltek priced a 4M share secondary at $38.76.

Jon C. Ogg
August 15, 2007

New 52-Week Lows (July 20, 2007)

STOCK TICKERS: ABK, ACA, BZH, LEN, DHI, RYL, CC, BX, FIG, FINL, HGSI, HSY, HW, JNY, NLS, REDE, TRMP, UBET, TZOO, WB

The DJIA may have hit 14,000 earlier.  A pullback here, some bad news there, and all of a sudden there are still many little piggies being sold off.  Here are some of the main stocks hitting 52-weeks lows today, and it is even an edited-down list:

AMBAC (ABK) $80.05
Whoops, insuring and guaranteeing debt.

ACA Capital (ACA) $6.40
Yep, still no word out of the company yet.  Trading and guaranteeing CDO’s and derivates isn’t what it was cracked up to be, and we still don’t know their real situation.

Beazer Homes (BZH), Lennar (LEN) DR Horton (DHI), Ryland (RYL)
One of its comps calling for crummy to 2009…ouch.

Circuit City (CC) $13.63
You knew this one wasn’t bottomed out yet.

Blackstone (BX) $25.95
Schwarzman isn’t responsible for this added drop, but he’ll do for the blame.

Fortress Inv. Group (FIG) $22.28
This hedge fund, boy…are they in private equity and CDO’s?  Not an intraday low, but its lowest close.

Finish Line (FINL) $7.88
Glad I removed it from the BAIT SHOP of buyout candidates when I did, this one must have 10 piggies in each of their shoes.

Human Genome Sciences (HGSI) $8.61
Maybe genomics is such a 1990’s term.

Hershey (HSY) $47.84
This one was very overvalued for something you eat, so it squirts.

Headwaters (HW) $16.43

Jones Appareal (JNY) $26.62
Weren’t these guys supposed to sell out?

Nautilus (NLS) $9.14
When will a growth exercise and fitness company that warned be touted as a value stock?

Redenvelope (REDE) $5.05
Still don’t know anyone who has used this online e-tailer.

Trump Entertainment (TRMP) $9.50
The Donald’s casino operator can’t find a bottom without reaching under his back.

YouBet.com (UBET) $2.04
Bet this one isn’t done?

Travelzoo (TZOO) $23.00, prior intraday low was $23.16; high was $40.00+.
Online travel carnage continues….maybe France, Hong Kong, and Japan aren’t worth it.

Wachovia (WB) $49.98 close..prior 52-week low was $50.32.
Banks, they need someone to "Watch-ova-ya"

Jon C. Ogg
July 20, 2007

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

52-Week Low Club (June 8, 2007)

Stock Tickers: AZN, BCRX, EHTH, CTIC, HW, NRMX, SBUX, WFMI, DUK

It’s no secret we had the makings of a crummy week, but the market managed to turn itself back around after a fairly week open.  Regardles of a bull market or any market, there are still stocks hitting 52-week lows:

AstraZeneca (AZN) ADR’s put in lows, two days after the CFO left to join Goldman Sachs.

BioCryst (BCRX) stays weak, apparently the near-term bounce turned back into a pounce.

Cell Therapeutics (CTIC) managed to keep its post-ASCO slide going.

eHealth, Inc (EHTH) put in the lowest close since its October IPO.

Headwaters (HW) just keeps slipping and looks uglier daily, and has been oin a crash course for about 6 weeks..

Neurochem (NRMX) closed down another 10% after the poor drug outlook yesterday.

Starbucks (SBUX) and Whole Foods (WFMI) were in the 52-week low gutter club earlier but got bailed out by the market offer. Duke Energy (DUK) also rode most of the day on new adjusted lows before an end of day recovery, although these might not be ultimate 52-week lows on an adjusted basis.

Jon C. Ogg
June 8, 2007

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