Top Pre-Market Analyst Upgrades (ABC, BRCM, COH, DNA, IILG, LXK, NUAN, STLD, TLAB)

247wallst — Wed, 22 Oct 2008 07:02:50 +0000

These are some of the top pre-market upgrades from Wall Street analysts this Wednesday morning:

AmerisourceBergen (ABC) Started as Buy at Jefferies.
Broadcom (BRCM) Raised to Outperform at Baird.
Coach (COH) Raised to Buy at Lazard.
Genentech (DNA) Raised to Buy at Jefferies.
Interval Leisure Group (IILG) Started as Outperform at FBR.
Lexmark (LXK) Raised to Buy at Citigroup.
Nuance (NUAN) Raised to Buy at Goldman Sachs.
Steel Dynamics (STLD) Raised to Buy at Goldman Sachs.
Tellabs (TLAB) Raised to Hold at Jefferies.

Jon C. Ogg
October 22, 2008

Posted in Analyst Calls Tagged: ABC, BRCM, COH, DNA, IILG, LXK, NUAN, STLD, TLAB

IAC/Interactive’s Do or Die Date Has Come (IACI, IACID, HSNI, IILG, TKTM, TREE)

247wallst — Thu, 21 Aug 2008 07:31:31 +0000

Today marks the break-up for IAC/Interactive, which trades asunder the IACI and IACID tickers after the August 11, 2008 record date. IAC/Interactive is going to begin trading on a post-split basis to reflect the break-up today. The company’s spin-off symbols are as follows:

"HSNI" for HSN, the Home Shopping Network. This unit also owns andoperates the Cornerstone Brands portfolio of catalogs and relatedwebsites, including Frontgate, Ballard Designs, Garnet Hill,Smith+Noble, The Territory Ahead, TravelSmith and Improvements, as wellas a limited number of retail stores.
"IILG" for Interval Leisure Group, its travel and vacation network group of more than 2,400 resorts in 75 countries.
"TKTM" for Ticketmaster, its live event ticketing and marketing operation spin-off.
"TREE" for Tree.com, its lending and real estate business spin-off withunits such as LendingTree.com, RealEstate.com, REALTORS, and more.

Where these open and where they trade initially is anyone’s guess.Many of the units are currently counted as victims of economicweakness, the credit crunch, and other woes. But this has been BarryDiller’s exit plan for months at IAC/Interactive.

Jon C. Ogg
August 21, 2008

24/7 Wall St. » IILG

Top Pre-Market Analyst Upgrades (ABC, BRCM, COH, DNA, IILG, LXK, NUAN, STLD, TLAB)

IAC/Interactive’s Do or Die Date Has Come (IACI, IACID, HSNI, IILG, TKTM, TREE)