Posts for Ticker ‘MFE’

FBI: Cyber Terrorists Could Prepare Massive US Attack

Websites in the US were attacked by hackers earlier this year. The assaults slowed down some sites and closed other online services completely. It was assumed at the time that the attacks originated in North Korea and one or more countries that were part of the old Soviet Union.

McAfee (NYSE:MFE), the security software company, recently issued a report saying that the US, Russia, China, Israel, and France have built their own capacity to make cyber attacks on other nations.

Now the concern is that the next threat will come from al Qaeda. Read More »

Posted on: November 18, 2009 – 5:40 am in Internet,

Top Analyst Upgrades (ALL, AMT, AAPL, CCI, ETFC, HGG, KBH, MFE, PCG, PG, SBUX, TOL, VMW)

These are this Friday morning’s top pre-market analyst upgrades and positive research calls from Wall Street affecting shares:

Allstate (ALL) Raised to Buy at Argus.
American Tower Corp. (AMT) Started as Outperform at Oppenheimer.
Apple (AAPL) Raised to Outperform at Macquarie.
Crown Castle International (CCI) Started as Outperform at Oppenheimer.
E*TRADE Financial (ETFC) Raised to Buy at Goldman Sachs.
Hhgregg (HGG) Raised to Overweight at Barclays.
KB Home (KBH) Raised to Overweight at JPMorgan.
McAfee (MFE) Started as Outperform at William Blair.
PG&E Corp. (PCG) Started as Overweight at Morgan Stanley.
Procter & Gamble (PG) Raised to Buy at Citigroup.
Starbucks (SBUX) Raised to Overweight at Piper Jaffray.
Toll Brothers (TOL) Raised to Overweight at JPMorgan.
VMware (VMW) Target raised to $32 from $23 at Auriga.

You can join our open email distribution list which goes out several times per week for top analyst upgrades and downgrades, top day trader alerts, IPO’s, key secondary offerings, guru investor data on Buffett and others, mergers, and more.

JON C. OGG

Posted on: September 18, 2009 – 8:10 am in Analyst Calls, Pre-Market Activity, Trading Alert, , , , , , , , , , , , ,

Cybersecurity: Obama’s Next Big-Ticket Agenda Item

uncle sam

It’s taken a back seat to health care, but one of the next big agenda items for President Obama’s administration is cybersecurity, a priority that is becoming all the more clear following July 4 hacker attacks on the White House, the Pentagon and the New York Stock Exchange.

The Associated Press reports that the attack on U.S. and South Korean government agencies last week was even broader than first realized. Other agencies targeted by the malicious code included the National Security Agency, Homeland Security Department, State Department, the Federal Trader Commission, the Treasury, the Nasdaq stock market (Nasdaq:NDAQ) and The Washington Post (NYSE:WPO). Read More »

Posted on: July 8, 2009 – 12:33 pm in Defense, Editor's Picks, Software, , , , , , , , , ,

Media Digest 7/6/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

newspaperReuters:   Small banks are worried that new regulations will hurt their earnings.

Reuters:   A judge approved the sale of GM assets.

Reuters:   Rio Tinto (RTP) sold its food packaging assets for $1.2 billion.

Reuters:   The UN reports that the recession has pushed 90 million more people into extreme poverty. Read More »

Posted on: July 6, 2009 – 3:01 am in Green Biz, Press Digest, , , , , , , ,

The Apple (AAPL) iPhone Gets More Like A PC

apple-logo1Apple’s (AAPL) march to make the iPhone a viable alternative to the business-oriented RIM (RIMM) Blackberry and perhaps netbooks, which are posting surging sales, got a boost from software security companies.  Symantec (SYMC) and McAfee (MFE) are developing applications which can be used on the fast-selling handset. Read More »

Posted on: May 18, 2009 – 8:02 am in Consumer Electronics, Hardware, PC Companies, Semiconductor, Software, , , , , , ,

Media Digest 5/1/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

newspaperAccording to Reuters, lenders will object to the Chrysler Chapter 11 filing.

Reuters reports that Switzerland  is asking US a court to halt a case against UBS (UBS).

Reuters reports that SMFG will buy Citiroup’s (C) Japan units for over $5.6 billion.

Reuters writes that Cuomo said that pension kickbacks are a national problem. Read More »

Posted on: May 1, 2009 – 3:00 am in Aerospace, Airlines, Autos, Banking, Consumer Goods, Earnings, Oil & Gas, PC Companies, Press Digest, Software, Wireless, , , , , , , , , , , , , , , , ,

Top Analyst Upgrades & Downgrades (BCE, GOOG, IACI, SYMC, VCLK, CSL, CEO, JNS, MFE, SOLF)

These are the top pre-market upgrades and downgrades we have seen from Wall Street this Thursday morning:

BCE (BCE) Started as Overweight at Thomas Weisel.
Google (GOOG) Raised to Buy at Canaccord.
IAC/Interactive (IACI) Raised to Buy at Canaccord.
Symantec (SYMC) Started as Buy at Auriga.
ValueClick (VCLK) Raised to Buy from Sell at Canaccord.
Carlisle Companies (CSL) Cut to Underweight at KeyBanc.
CNOOC (CEO) Cut to Neutral at UBS.
Janus (JNS) Cut to Neutral at JPMorgan.
McAfee (MFE) STarted as Sell at Auriga.
SolarFun (SOLF) Cut to Sell at Collins Stewart, but was also raised to Hold from Sell at Canaccord.

Jon C. Ogg
March 26, 2009

Posted on: March 26, 2009 – 7:26 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, , , , , , , , ,

Media Digest 11/19/2008 Reuters, WSJ, New York Times, FT, Bloomberg.

NewspaperAccording to Reuters, Toyota (TM) cut production and Nissan was downbeat about its prospects.

Reuters reports that if a new CEO at Yahoo! (YHOO) wants to be well-regarded by shareholders, he or she must be willing to do a deal with Microsoft (MSFT).

Reuters reports that oil is trading steady around $54.

Read More »

Posted on: November 19, 2008 – 3:57 am in Press Digest, , , , , , , , , , , , , , , ,

AmTech’s Top Fundamental Technology Stocks (CNQR, MELI, MFE, MPWR, QCOM, RIMM, VRSN)

Amtech_logo_2American Technology Research has issued a research report going into earnings season called "Our Best Dozen Fundamental Picks."  AmTech believes investors already expect a disaster but that the current business climate isn’t as bad as some argue.  While the firm believes that many companies will guide expectations lower or will be very cautious, some will continue to outperform their peers. We have broken out the technology companies in an individual piece today and some very brief commentary from AmTech is outlined below.

Read More »

Posted on: October 13, 2008 – 10:11 am in Analyst Calls, Internet, Technology Companies, , , , , , ,

Top Pre-Market Analyst Upgrades (AEP, CREE, DRI, GPS, KEY, MFE, ORCL, SONC, YUM)

These are some of the upgrades and positive calls from analysts we have seen affecting shares this Friday morning:

  • American Electric Power (AEP) Raised to Buy at Piper Jaffray.
  • Cree (CREE) Raised to Outperform at Oppenheimer.
  • Darden (DRI) Started as Overweight at Thomas Weisel.
  • Gap Inc. (GPS) Raised to Buy at Goldman Sachs.
  • KeyCorp (KEY) Raised to Sector Perform at RBC.
  • McAfee (MFE) Raised to Market Perform at FBR.
  • Oracle (ORCL) Raised to Buy at Piper Jaffray.
  • Sonic (SONC) Started as Overweight at Thomas Weisel.
  • YUM Brands (YUM) Started as Overweight at Thomas Weisel.

Jon C. Ogg
September 19, 2008

Posted on: September 19, 2008 – 6:43 am in Analyst Calls, , , , , , , , ,

Top Pre-Market Analyst Upgrades (HD, ILMN, MFE, NAV, OMX, VTA, VRNM, WAT)

These are some of the top upgrades or positive calls we are seeing from analysts this Friday morning:

  • Home Depot (HD) Started as Outperform at FBR.
  • Illumina (ILMN) Started as Overweight at Morgan Stanley.
  • McAfee (MFE) Started as Buy at American Technology & Research.
  • Navistar (NAV) Raised to Overweight at JPMorgan.
  • OfficeMax (OMX) Started as Outperform at FBR.
  • Van Kampe Dynamic Credit Fund (VTA) Started as Perform at Oppenheimer.
  • Verenium (VRNM) Started as Buy at Lazard.
  • Waters Corp. (WAT) Started as Overweight at Morgan Stanley.

Jon C. Ogg
September 5, 2008

Posted on: September 5, 2008 – 6:59 am in Analyst Calls, , , , , , , ,

24/7 Wall St. Day-Trading Alerts (ABK)(MFE)(SNDA)

95129cVS Investor posted several day-trade alerts.

The first was for McAfee (MFE) which was hammered by analyst downgrades.

Ambac (ABK) spiked up 20% on strong volume.

Read More »

Posted on: September 3, 2008 – 9:07 am in Trading Alert, , , ,

Top Pre-Market Analyst Downgrades (ADLR, MDRX, CRDN, CAG, IFF, MFE, TWX, VRTX, VOD, WWWW)

These are some of the top analyst downgrades and negative calls we are seeing this Wednesday morning:

  • Adolor (ADLR) Cut to Neutral at Piper Jaffray.
  • Allscripts (MDRX) Cut to Neutral at Piper Jaffray.
  • Ceradyne (CRDN) Cut to Underperform at Wachovia.
  • ConAgra (CAG) Cut to Neutral at JPMorgan.
  • International Flavors (IFF) Started as Underweight at Lehman.
  • McAfee (MFE) Cut to Underperform at FBR.
  • Time Warner Inc. (TWX) Cut to Market Perform at Bernstein.
  • Vertex (VRTX) Cut to Perform at Oppenheimer.
  • Vodafone plc (VOD) Cut to Neutral at Credit Suisse.
  • Web.com (WWWW) Cut to Market Perform at FBR.

Jon C. Ogg
September 3, 2008

Posted on: September 3, 2008 – 7:06 am in Analyst Calls, , , , , , , , , ,

Early-Bird Technology Upgrades & Downgrades (ARMH, FFIV, MFE, MOT, NOK, NOVL, QCOM, TIBX)

These are the earl-bird upgrades and downgrades we are seeing in Telecom, Tech, and I.T. on this Friday morning with about two and a half hours to open:

  • ARM Holdings (NASDAQ: ARMH) raised to Outperform at Credit Suisse.
  • F5 Networks (NASDAQ: FFIV) started as Buy at Deutsche Bank.
  • McAfee (NYSE: MFE) Started as Outperform at R.W.Baird.
  • Motorola (NYSE: MOT) Started as Underperform at Credit Suisse.
  • Nokia (NYSE: NOK) Downgraded to Neutral at Credit Suisse.
  • Novell (NASDAQ: NOVL) Raised to Buy from Hold at Jefferies.
  • Qualcomm (NASDAQ: QCOM) Started as Outperform at Credit Suisse.
  • Tibco Software (NASDAQ: TIBX) Raised to Hold from Underperform at Jefferies.

Full Med-Bio Analyst Upgrade/Downgrade summary from BioHealthInvestor.com: BMY, EHTH, IMCL, BABY, NUVA, ONXX, OSIP, ZMH

Jon C. Ogg
June 27, 2008

Posted on: June 27, 2008 – 6:08 am in Analyst Calls, Technology Companies, , , , , , , ,

McAfee CFO Heads to Electronic Arts (MFE, ERTS)

Well, now we have a better idea as to why the CFO of video game publisher Electronic Arts (NASDAQ: ERTS) was leaving the company.  McAfee, Inc. (NYSE: MFE) just announced after the close that its CFO Eric Brown is resigning from the company to become CFO of Electronic Arts.

McAfee was the one caught off guard it appears.  The company said it has begun a search for a permanent CFO from internal and external candidates.

Jon C. Ogg
March 27, 2008

Jon Ogg produces the Special Situation Investing Newsletter and can be reached at jonogg@247wallst.com; he does not own securities in the companies he covers.

Posted on: March 27, 2008 – 3:23 pm in Management Change, ,

Key Tech Upgrades & Downgrades (AMCC, CTXS, SCOR, EBAY, FFIV, GRMN, LSI, MFE, MCHP, OMTR, SONS, SYMC, THQI, WDC)

Below are some of the key upgrades and downgrades from Wall Street analysts seen in the technology sectors this morning:

  • Applied Micro (AMCC) raised estimates at Goldman Sachs.
  • Citrix Systems (CTXS) raised estimates at Goldman Sachs.
  • comScore (SCOR) started as Outperform at Oppenheimer.
  • eBay (EBAY) downgraded to Hold from Buy at Citigroup (thanks for that timely call Citi, they might get the most useless call of the week); maintained buy but target lowered to $38 at Goldman Sachs.
  • F5 Networks (FFIV) raised to Outperform at Baird.
  • Garmin (GRMN) raised to Outperform at Oppenheimer.
  • LSI (LSI) raised estimates at Goldman Sachs.
  • McAfee (MFE) raised to Buy at Citigroup; raised to Outperform at Bear Stearns.
  • Microchip Tech (MCHP) raised to Outperform at Morgan Keegan.
  • Omniture (OMTR) started as Outperform at Oppenheimer.
  • Sonus Networks (SONS) raised to Buy at Cantor Fitzgerald.
  • Symantec (SYMC) raised estimates at Goldman Sachs.
  • THQ Inc. (THQI) downgraded to Sell at Broadpoint.
  • Western Digital (WDC) raised to Buy at Deutsche Bank; estimates raised at Goldman Sachs.

Jon C. Ogg
January 24, 2008

Posted on: January 24, 2008 – 8:02 am in Analyst Calls, Technology Companies, , , , , , , , , , , , , ,

Top 10 Pre-Market Analyst Calls (ADBE, BIIB, DAI, DCGN, EBAY, HOG, JPM, WFC, MFE, MPEL, TIBX)

These are not at all the only key impact analyst calls, but these are the early bird calls that 247WallSt.com is focusing on:

  • Adobe (NASDAQ: ADBE) downgraded to Neutral from Buy at UBS.
  • Biogen Idec (NASDAQ: BIIB) raised to Buy from Neutral at Banc of America.
  • Daimler (NYSE: DAI) downgraded to Market Perform at Bernstein.
  • deCODE Genetics (NASDAQ: DCGN) downgraded to Underweight at Lehman.
  • eBay (NASDAQ: EBAY) raised to Outperform from Peer Perform at Bear Stearns.
  • Harley Davidson (NYSE: HOG) downgraded to SELL from Hold at Citigroup.
  • JPMorgan Chase (NYSE: JPM) & Wells Fargo (NYSE: WFC) were both downgraded to Peer Perform at Oppenheimer.
  • McAfee (NYSE: MFE) downgraded to Neutral from Buy at UBS.
  • Melco PBL Entertainment (NASDAQ: MPEL) raised to Buy from Neutral at UBS.
  • TIBCO Software (NASDAQ: TIBX) raised to Buy from Hold at Citigroup.

Jon C. Ogg
January 17, 2008

Posted on: January 17, 2008 – 7:09 am in Analyst Calls, , , , , , , , , , ,

Top 10 Pre-Market Analyst Calls (AXP, COF, DFS, ATVI, HANS, JCP, LEN, MFE, SWHC, TGT, YGE)

These aren’t the only analyst calls we are watching, but these are the top ten that 247wallst.com is reviewing:

  • Activision (NASDAQ: ATVI) raised to Buy from Neutral at Piper Jaffray.
  • Hansen Natural (NASDAQ: HANS) started as Buy with $58 target at UBS.
  • JC Penney (NYSE: JCP) raised to Overweight from equal weight at Lehman.
  • Lennar (NYSE: LEN) downgraded to Hold from Buy at Deutsche Bank.
  • McAfee (NYSE: MFE) downgraded to Market Perform from Outperform at FBR.
  • Smith & Wesson (NASDAQ: SWHC) downgraded to Neutral at Cowen & Co, and downgraded to Underperform at Rodman & Renshaw.
  • Sunpower (NASDAQ: SPWR) raised to Buy from Hold at Jefferies.
  • Target (NYSE: TGT) downgraded to Neutral from Buy at Banc of America.
  • Yingli Green Energy (NYSE: YGE) raised to Buy from Neutral at Banc of America.
  • CREDIT CARD DOWNGRADES: Merrill Lynch downgrades American Express (NYSE: AXP), Capital One (NYSE: COF), and Discover Financial (NYSE: DFS).  Capital One (NYSE: COF) also downgraded to Underweight at Morgan Stanley.

Jon C. Ogg
December 7, 2007

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

Posted on: December 7, 2007 – 8:13 am in Analyst Calls, , , , , , , , , , ,

Top 10 Pre-Market Analyst Calls (AKAM, GLW, DLTR, XOM, MFE, SNP, SBUX, STO, UA, WYNN)

Akamai (AKAM) started as Neutral at B of A.
Corning (GLW) started as Sector Perform at RBC.
Dollar Tree (DLTR) raised to Overweight at Lehman.
Exxon Mobil (XOM) raised to Buy at UBS.
McAfee (MFE) raised to Buy at Jefferies.
Sinopec-China Petroleum (SNP) raised to Neutral from Sell at UBS.
Starbucks (SBUX) raised to Outperform at FBR; downgraded to Sector Perform at CIBC.
Statoil (STO) raised to Buy at UBS.
Under Armour (UA) raised to Buy at UBS.
Wynn Resorts (WYNN) raised to Buy at Jefferies.

Jon C. Ogg
November 20, 2007

Posted on: November 20, 2007 – 7:47 am in Analyst Calls, , , , , , , , , ,