Posts for Ticker ‘KFN’

The 52-Week Low Club (SAY)(KFN)(ZIXI)

Sad_clown_2Satyam Computer (SAY) Plans to buy another company send stock diving. Drops to $5.05 from 52-week high of $29.84.

KKR Financial (KFN) Plans to replace CEO on top of poor performance. Drops to $.60 from 52-week high of $16.78.

Zix (ZIXI) No news, just a bad day. Falls to $1.11 from 52-week high of $5.30.

Douglas A. McIntyre

Posted on: December 16, 2008 – 3:46 pm in Uncategorized, , ,

Top Pre-Market Analyst Downgrades (AA, AZ, ACAS, CAR, CMA, HTZ, KFN, SGMO, TM)

Down_arrow_redThese are the top early bird analyst downgrades we are seeing with more than two hours to the open on this Tuesday morning:

  • Alcoa (NYSE: AA) Cut to Market Perform at FBR.
  • Allianz (NYSE: AZ) Cut to Hold from buy at Citigroup.
  • American Capital (NASDAQ: ACAS) Cut to Market Perform at William Blair; Cut to Hold at BB&T.
  • Avis Budget (NYSE: CAR) Cut to Underweight at Barclays.
  • Comerica (NYSE: CMA) Cut to Hold at Deutsche Bank.
  • Hertz (NYSE: HTZ) Cut to Equal Weight at Barclays.
  • KKR Financial (NYSE: KFN) Cut to Sell at Citigroup.
  • Sangamo Biosciences (NASDAQ: SGMO) Cut to Neutral at Merriman Curhan Ford; Cut to Sell at Piper Jaffray.
  • Toyota (NYSE: TM) Cut to Underweight at HSBC.

Jon C. Ogg
November 11, 2008

Posted on: November 11, 2008 – 7:34 am in Analyst Calls, , , , , , , , ,

The End Of Dividends (BAC)(WFC)(NYT)(GCI)(CBS)(GE)

95129cThe big dividend was a hallmark of the big bull market. It was accompanied by a small yield. Even generous payouts were only a little fraction of the share prices at most companies. Their stocks had gone that high. With share prices down, yields have gone mad.

Deep in the basements of most companies, the accounting staffs are working under orders from the CFO and board of directors to protect the balance sheet at any cost. Preparing for the economic siege of the next several quarters, many firms will send costs, necessary to run the company or not, to the guillotine in increasing numbers.

Now, the dividend is going the way of extinction. Yields  are up, for now, but so is debt taken on in the salad days. Cash flow is down. KKR Financial (KFN), which is doing remarkably well, eliminated it dividend yesterday.

Read More »

Posted on: November 11, 2008 – 5:42 am in Dividend, , , , , , ,

Top Pre-Market Analyst Downgrades (ADBE, AMB, BLKB, KO, EMCI, HSII, KFN, OMTR, PLD, VAR, VMW, VMC)

Down_arrow_redThese are some of the top downgrades we have seen this Monday morning with about 2 hours until the open:

  • Adobe Systems (ADBE) Cut to Market Perform at FBR.
  • AMB Property (AMB) Cut to Sell at Goldman Sachs.
  • Blackbaud (BLKB) Cut to Market Perform at Wachovia.
  • Coca-Cola (KO) Cut to Hold at Deutsche Bank.
  • EMC Insurance (EMCI) Cut to Underperform at KBW.
  • Heidrick & Struggles (HSII) Cut to Underperform at Baird.
  • KKR Financial (KFN) Cut to Neutral at JPMorgan.
  • Omniture (OMTR) Cut to Market Perform at FBR.
  • ProLogis (PLD) Cut to Sell at Goldman Sachs.
  • Varian Medical (VAR) Cut to Neutral at JPMorgan.
  • VMware (VMW) Cut to Market Perform at Wachovia.
  • Vulcan Materials (VMC) Cut to Sell at Goldman Sachs.

Jon C. Ogg
October 6, 2008

Posted on: October 6, 2008 – 6:36 am in Analyst Calls, , , , , , , , , , , ,

Pre-Market Analyst Calls (September 4, 2007)

ABY raised to Neutral at UBS.
AMD raised to neutral at Credit Suisse.
AG raised to neutral at Credit Suisse.
AEO raised to Outperform at Cowen.
BLOG started as Outperform at Wachovia.
DVA raised to Buy at Deutsche Bank.
EXEL cut to Mkt Perform at Wachovia.
FCSX raised to BUy at B of A.
HOKU raised to Mkt Perform at Piper Jaffray.
HSII cut to Sell at UBS.
INFA started as Outperform at CIBC.
KFN cut to Sell at UBS.
KOP cut to Hold at Jefferies.
KPN cut to Hold at Citigroup.
KSU raised to Buy at UBS.
MNST cut to Neutral at UBS.
MXIM started as Outperform at RBC Capital.
OII started as Overweight at JPMorgan.
OTE cut to Peer Perform at Bear Stearns.
PCG raised to Overweight at Lehman.
RDS/A raised to Buy at UBS.
RHI cut to Neutral at UBS.
RIMM cut to Peeer Perform at Bear Stearns.
SMOD cut to Hold at Citigroup.
SPR started as Overweight at Lehman.
TEF cut to Hold at Citigroup.
TMA raised to Outperform at FBR.
TYC raised to Buy at Deutsche Bank.
TYPE started as Buy at B of A.
TYPE started as Buy at Jefferies.
WEC raised to Overweight at Lehman.

Jon C. Ogg
September 4, 2007

Posted on: September 4, 2007 – 7:12 am in Analyst Calls, , , , , , , , , , , , , , , , , , , ,

Pre-Market Stock News (August 20, 2007)

(AXP) American Express is selling its private banking unit.
(CFC) Countrywide is laying off loan originators and support staff as applications are down and to cut costs.
(CHINA) CDC Corp. announced a $225 million share stock offering.
(CLWR) Clearwire has insiders from debt conversion selling $369 million in stock.
(CRYP) Cryptologic gets a pact from World Poker Tour.
(EMC) EMC could be worth 20% more in a year according to Barron’s.
(GOOG) Google took a stake in Chinese community Web site Tianya.cn for social networking.
(KFN) KR Financial has shareholders selling 16 million shares; and will have a public rights offering up to $270 million; principals of Kohlberg Kravis Roberts will purchase up to approximately $100 million of common shares at $14.40 if not fully subscribed.
(KNSY) Kensey Nash $0.11 EPS vs $0.15 est.
(LLNW) Limelight Networks announced that MyVideo.de video delivery service in Germany has selected Limelight as its exclusive provider of CDN services.
(LOW) Lowe’s trading up 4% after $0.67 EPS vs. $0.61 estimates; same store sales fell 2.6% for the quarter.
(LYV) Live Nation may win Madonna from Warner Music in a $100 million deal.
(MHP) McGraw Hill down on JPMorgan downgrade.
(NDAQ) NASDAQ is reviewing alternatives to divest its stake in London Stock Exchange; says $1 Billion will be used to retire debt and buyback stock.

Jon C. Ogg
August 20, 2007

Posted on: August 20, 2007 – 7:03 am in Pre-Market Activity, , , , , , , , , , ,