Posts for Ticker ‘KNOT’

Conde Nast Woes, An Opportunity For The Knot? (KNOT)

Money Stack PicBurning Money PicThe Knot, Inc. (NASDAQ: KNOT) may just have become an indirect beneficiary of the old print media world dying one publication at a time.  The Wall Street Journal and CNBC have reported that Conde Nast is closing four magazines, two of which are Elegant Bride and Modern Bride.  While this highlights problems in the wedding sector, it actually opens up more possibilities for The Knot’s key bridal and wedding website called TheKnot.com and for the twice-per-year THE KNOT Magazine which sells for $9.95.  This highlights that weddings are not recession-proof.
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Posted on: October 5, 2009 – 11:49 am in Entertainment, Internet, Luxury, Media,

The Knot (KNOT) Gets Ready To Take The Hammer: A $4 Stock?

AngrybearOnline wedding-planning company The Knot (KNOT) has not be doing well recently. When it announces earnings later this week, it may be doing a lot worse.

In the second quarter, net income was $2.3 million down from $4.8 million in the same period last year. Revenue was flat at a little over $28 million. Deutsche Bank and Oppenheimer took a dim view of the numbers and said so.

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Posted on: November 5, 2008 – 10:17 am in Earnings,

Analyst Downgrades 8/8/2008

Angrybear_2Ambac Financial (ABK) Cut To Underweight at JPMorgan.

Ann Talor (AMM) Cut to Market Perform at FBR

Bank of America (BAC) Cut to Neutral at UBS

FEMSA (FMX) Cut to Equal Weight at Morgan Stanley

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Posted on: August 8, 2008 – 6:48 am in Analyst Calls, , , , , ,

52-Week Low Club (LNG, CCE, GEOY, HANS, IPAS, KNOT, TDSC, VLO)

Cheniere Energy, Inc. (AMEX: LNG) can thank its earnings or lack thereof today for its implosion.  Shares were down well over 20% at last look around $5.78, while its 52-week trading range was $6.46 to $43.50.

Coca-Cola Enterprises Inc. (NYSE: CCE) was down less than 1% at $21.48 in the last hour; prior 52-week range was $21.55 to $27.09. Who would have guessed that bottling Coke and other drinks would result in this. 

GeoEye, Inc. (NASDAQ: GEOY) suffering from geospatial imaging sector woes.  While this was well above the 52-week lows, it has been more volatile than plastique in a lightning storm, and shares went as low as $16.05 today; Prior range $17.00 to $37.37.

Hansen Natural Corp. (NASDAQ: HANS) shares fell another 5% to $28.50 in the last hour but shares were as low as $28.20.  This one is making the list more than just once now.  The short sellers that bet against this one probably feel like they are monsters in their own right.

iPass Inc. (NASDAQ: IPAS) fell sharply after earnings and subsequent downgrades.  Shares were down 16% at $2.15 in teh last hour; prior 52-week range was $2.43 to $5.69.  Selling wi-fi spots probably is going to be tough once WiMAX does really hit the U.S.  Looks like the only thing people are passing at iPass is gas.

The Knot Inc. (NASDAQ: KNOT) was down almost 15% at $9.93 last in the day after posting a 65% drop in earnings.  Maybe bridezillas are not doing research anymore or maybe they are just using wedding planners.  Either way, you know when times are tough people don’t go as extravagant on weddings.  Presumable that ad spending might be down too.

3D Systems Corp. (NASDAQ: TDSC) won "the daily fugly" award after its earnings report.  In the last hour shares were down almost 40% at $8.67; prior 52-week trading range was $11.51 to $26.50.   3-D is tough to explain to blind people.

Valero Energy Corp. (NYSE: VLO) seems counterintuitive with screaming oil prices, but its power costs and energy demands are costing more and more and it can’t pass the costs along.  Shares were at $44.70 at the end of the day and the prior 52-week trading range was $44.94 to $78.68.

Jon C. Ogg
May 9, 2008

Posted on: May 9, 2008 – 2:29 pm in HI/LOW, , , , , , , ,

Top 10 Pre-Market Analyst Calls (ANPI, BP, CBS, JRCC, WFR, SVVS, SNN, SOHU, KNOT, UA)

These are not the only analyst calls affecting shares today, but these are ten of the calls that we are focusing on this Wednesday morning:

  • Angiotech Pharmaceuticals (NASDAQ: ANPI) raised to Outperform at RBC Capital Markets.
  • BP plc (NYSE: BP) raised to Outperform at Credit Suisse.
  • CBS (NYSE: CBS) downgraded to Market Perform at Wachovia; Raised to Hold at Citigroup.
  • James River Coal (NYSE: JRCC) raised to Buy at UBS.
  • MEMC Electronics (NYSE: WFR) downgraded to Neutral at JPMorgan.
  • SAVVIS (NASDAQ: SVVS) downgraded to Hold at Jefferies and downgraded to Equal-Weight at Lehman.
  • Smith & Nephew (NYSE: SNN) raised to Outperform at Wachovia.
  • Sohu.com (NASDAQ: SOHU) downgraded to Perform at Oppenheimer.
  • The Knot, Inc. (NASDAQ: KNOT) raised to Outperform at Oppenheimer.
  • Under Armour (NYSE: UA) downgraded to Hold at Citigroup.

Jon C. Ogg
April 30, 2008

Posted on: April 30, 2008 – 6:36 am in Analyst Calls, , , , , , , , , ,

Top 10 Pre-Market Analyst Calls (AMT, CCI, SBAC, BEAV, GWR, HOLX, SWY, KNOT, MDCO, UBS, VCLK)

Below are the top 10 pre-market analyst we are looking at this Thursday morning:

  • American Tower (NYSE: AMT), Crown Castle (NYSE: CCI), and SBA Communications (NASDAQ: SBAC) all initiated as BUY at Jefferies.
  • Baidu.com (NASDAQ: BIDU) raised to Outperform at RBC Capital.
  • BE Aerospace (NASDAQ: BEAV) downgraded to Neutral from Buy at UBS.
  • Gennesee & Wyoming (NYSE: GWR) raised to Outperform at Bear Stearns.
  • Hologic (NASDAQ: HOLX) started as Buy at Sun Trust Robinson Humphrey.
  • Safeway (NYSE: SWY) raised to Neutral from Sell at UBS.
  • The Knot (NASDAQ: KNOT) downgraded to Neutral at JPMorgan.
  • The Medicines Co. (NASDAQ: MDCO) raised to Buy from Hold at Citigroup.
  • UBS (NYSE: UBS) downgraded to Hold from Buy at Deutsche Bank.
  • ValueClick (NASDAQ: VCLK) raised to Outperform at Robert W. Baird.

Jon C. Ogg
February 14, 2008

Posted on: February 14, 2008 – 7:23 am in Analyst Calls, , , , , , , , , , ,

52-Week Low Club II (IUSA, JSDA, KNOT, TRK, WAG, ZLC)

Below is our last list of featured 52-week lows today:

  • InfoUSA (NASDAQ:IUSA)… here’s what happens when your paid model gets Google-ized by free everything. $8.63 close versus $8.79 prior yearly low.
  • Jones Soda (NASDAQ:JSDA)… indigestion took this down 3.3% to $6.60, although it managed in the last hour to get back above the prior $6.51 52-week close.  With a $32.60 high, this will still make most investors burp. We aren’t rushing out to include this in our "10 Stocks Under $10 Newsletter" just because it’s under $10.00 again, mainly on its triple-digit P/E ratio despite a severe sell-off.  Jim Cramer has been out of this name as a backer for quite some time, but he are some old comments from Cramer.
  • The Knot (NASDAQ:KNOT) lower by 3.7% to $13.20, just under the $13.24 prior 52-week lows as American anti-family values are taking hold.  Maybe they could hedge the business with divorce.com.  All joking aside, keep your eyes on this one.  We had this as a possible buyout candidate from our "Small Cap Internet Watch List" but we noted that things had to get worse and stay worse before management would have to capitulate and agree to a buyout.
  • Speedway Motor Sports (NYSE:TRK).. maybe NASCAR and stock car racing isn’t immune from a slower consumer, even if there was a big promotion in NYC this week. Closed $33.75, prior 52-week range was $33.80 to $41.68.  Maybe the U.S. needs more NASCAR moms and more soccer dads.  Paying $1 million to go on a car may be dwindling too, but who knows.
  • Walgreen Co. (NYSE:WAG).. this was surprising with another 1.9% drop to $36.59, under the last year range of $37.06 to $49.10.  Apparently dropping those CVS plans over price might not be the right ticket.  At 18-times earnings we aren’t licking our chops yet.
  • Zale Corp. (NYSE:ZLC)…. jewelry is tough in a slower economy, and you can’t sell your garage to buy that diamond tennis bracelet.  This was down in sympathy with Tiffany.  Zale closed down 2.7% to $17.89, under the 52-week range of $18.18 to $31.57.

Jon C. Ogg
November 30, 2007

Posted on: November 30, 2007 – 4:45 pm in HI/LOW, , , , , ,