Posts for Ticker ‘MSCC’

Top Analyst Upgrades (AMD, AXP, ACI, ASH, STD, BRCD, COF, DFS, HIBB, MSCC, RCL, ZMH)

There were quite a few analyst upgrades and positive research calls this Monday morning.  These are the calls we have seen from Wall Street firms early this morning with about two hours until the market opens:

Advanced Micro Devices (AMD) Raised to Buy at Citigroup.
American Express (AXP) Raised to Overweight at Barclays.
Arch Coal (ACI) Raised to Overweight at JPMorgan.
Ashland (ASH) Raised to Buy at KeyBanc.
Banco Santander (STD) Raised to Overweight at JPMorgan.
Brocade (BRCD) Raised to Buy at Argus.
Capital One (COF) Raised to Overweight at Barclays.
Discover Financial (DFS) Raised to Overweight at Barclays.
Hibbett Sports (HIBB) Raised to Overweight at JPMorgan.
Microsemi (MSCC) Raised to Overweight at Thomas Weisel.
Royal Caribbean (RCL) Raised to Buy at Argus.
Zimmer Holdings (ZMH) Raised to Overweight at Thomas Weisel.

If you wish to be reminded of daily upgrades and downgrades as well as other key market issues like mergers and top stories, you can join our open email distribution list to receive updates several times per week.

JON C. OGG

52-Week Low Club (AXP, COF, NILE, CLX, RDEN, FDX, HOG, ISRG, KF, MSCC, PII, RAX, RNWK, STX)

Burning_money_pic_3Today’s market looked more like an advanced yo-yo session rather than a regular stock market trading day.  Since stocks gapped down so much, there were many new names on the list of 52-week lows.  What is interesting is that many other stocks hit 52-week lows but bounced back to being positive on the day.

  • American Express (NYSE: AXP) and Capital One (NYSE: COF) both graced the list of lows as GE’s consumer losses only added fuel to the fire.
  • Blue Nile Inc. (NASDAQ: NILE) tankola, again.  Forget Valentine’s Day this year.
  • Clorox Co. (NYSE: CLX) burns investors’ eyes as bad as it burns its client’s eyes.
  • Elizabeth Arden (NASDAQ: RDEN) keeps falling after the bad news from it and its peers over the last week and a half.  Brittney Spears can’t help.
  • FedEx Corp. (NYSE: FDX) keeps dropping. 
  • Harley Davidson (NYSE: HOG) caught another case of HAGS and is believed to be in trouble all year after earnings.
  • Intuitive Surgical (NASDAQ: ISRG) keeps getting pounded.  Down close to 70% from highs now.  Leonardo DaVinci would now sue over the use of his name.
  • The Korea Fund (NYSE: KF) was down almost 7%.  We don’t like to put country funds or ETF’s today, but that Kim Chee from last night just didn’t sit well today.
  • Microsemi (NASDAQ: MSCC) on earnings warning.
  • Polaris Industries (NYSE: PII)… weak HOG sales from Harley, weak motorcycle and snowmobile relative?  Works every time.
  • Rackspace Hosting (NYSE: RAX)… Racking the Rackers, in the server room….
  • RealNetworks (NASDAQ: RNWK), a surprise but think of peers.  And when was the last time you bought anything from them?
  • Seagate Technology (NYSE: STX) again… with the earnings it put up this week, you can call it Floodgate.

Jon C. Ogg
January 23, 2009

Top Pre-Market Analyst Downgrades (ABH, AMFI, CME, LPX, MA, MSCC, NOK, V)

Burning_money_picThese are some of the top downgrades and negative research calls we have seen from Wall Street analysts this Friday morning:

  • AbitibiBowater (ABH) Cut to Underperform at Raymond James.
  • Amcore Financial (AMFI) Cut to Market Perform at KBW.
  • CME Group (CME) Cut to Market Perform at Bernstein.
  • Louisiana-Pacific (LPX) Cut to Sector Perform at CIBC.
  • Mastercard (MA) Started as Sell at Citigroup.
  • Microsemi (MSCC) Cut to Market Weight at Thomas Weisel.
  • Nokia (NOK) Cut to Neutral at Nomura.
  • Visa (V) Started as Hold at Citigroup.

Jon C. Ogg
January 23, 2009

The 52-Week Low Club (CHK)(WFT)(RIG)(MSCC)(ISIL)

Sad_clownChesapeake Energy (CHK) National gas supply levels fall. Drops to $11.54 from 52-week high of $74.

Weatherford International (WFT) Oil prices hurting drilling equipment firms. Plunges to $8.32 from 52-week high of $49.98.

Transocean (RIG) Another drilling service firm. Sells down to $46.06 from 52-week high of $163.

Microsemi Corporation (MSCC) Did CEO lie about his degree. Dips to $11.27 from 52-week $28.50.

Intersil (ISIL) Cuts outlook. Moves off to $7.53 from $29.84.

Douglas A. McIntyre

The 52-Week Low Club (IFX)(RTP)(POT)(MSCC)

Sad_clown_2Infineon Technologies (IFX) Misses numbers by a mile. Drops to $1.16 from 52-week high of $13.06.

Rio Tinto (RTP) Falling commodities prices and ongoing disappointment about failed takeover by BHP. Down to $64.35 from 52-week high of $558.65.

Potash Corporation (POT) Fertilizer companies under pressure from falling ag prices. Down to $51.70 from 52-week high of $241.62.

Microsemi (MSCC) CEO accused of lying about degree. Drops to $15.30 from 52-week high of $28.50.

Douglas A. McIntyre

Top Pre-Market Analyst Downgrades (ACN, ARO, ASCA, CTSH, ROCK, INFY, ISLE, MSCC, STN, TRIN)

These are some of the downgrades and negative analyst calls we have seen affecting shares this Friday morning:

  • Accenture (ACN) Cut to Market Perform at Wachovia.
  • Aeropostale (ARO) Cut to Neutral at Goldman Sachs.
  • Ameristar Casinos (ASCA) Started as Sell at Goldman Sachs.
  • Cognizant Tech Solutions (CTSH) Cut to Market Perform at Wachovia.
  • Gibraltar Industries (ROCK) Cut to Neutral at Baird.
  • Infosys (INFY) Cut to Market Perform at Wachovia.
  • Isle of Capri (ISLE) Started as Sell at Goldman Sachs.
  • Microsemi (MSCC) Cut to Market Perform at Wachovia.
  • Stantec (STN) Cut to Outperform at Raymond James.
  • Thomson-Reuters (TRIN) Cut To Sell at Deutsche Bank.

Jon C. Ogg
September 19, 2008