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Top Active Trader Alert Stocks (NFLX, ERIC, ORCC, RMBS)

247wallst — Wed, 16 Mar 2011 12:52:58 +0000

Active traders and day traders have many stocks to choose from this Wednesday morning. We are tracking news and moves in shares of Ericsson (NASDAQ: ERIC), Netflix, Inc. (NASDAQ: NFLX), Online Resources Corporation (NASDAQ: ORCC), and Rambus, Inc. (NADSAQ: RMBS).

Ericsson (NASDAQ: ERIC) is up on heavy volume 1.45%to $11.87, relative to a 52-week range of $9.51-$13.06. The company reported that the Japan disaster will not have a significant impact on its Q1 sales.

Netflix, Inc. (NASDAQ: NFLX) is up 2.25% premarket on moderate volume to $221.99, relative to a 52-week range of $69.55-$247.55. The company was upgraded at Goldman Sachs to buy.

Online Resources Corporation (NASDAQ: ORCC) is down 27.2% percent premarket to $4.45, relative to a 52-week range of $3.63-$7.05. The company was downgraded from outperform to perform at Oppenheimer.

Rambus, Inc. (NADSAQ: RMBS) is up 6.5% premarket to $20.00, within a 52-week range of $16.76-$25.50. The company recently renewed its license with Toshiba.

Filed under: Pre-Market Activity, Trading Alert Tagged: ERIC, NFLX, ORCC, RMBS

Early-Bird Stocks on the Move (IRE, CSIQ, ORCC, PSUN, PT, RMBS, VRA)

Administrator — Wed, 16 Mar 2011 11:32:00 +0000

We are tracking several key moving stocks this morning that have news or events driving shares. None of these are Japan-focused stocks as the coverage there seems to revolve entirely around the nuclear power plant situation. Overseas markets and US equity futures were much higher after Japan rallied but the markets have softened up over the last couple of hours. These are this morning’s key movers on news for US equity traders to focus on in early-bird trading hours.

Bank of Ireland (NYSE: IRE) was lower by 2% overseas, which you can blame partly on a PIIGS kinfolk trade after Portugal got a downgrade or you can blame on market softness after Japan’s rally is being overshadowed by newer and broader nuclear concerns.

Canadian Solar Inc. (NASDAQ: CSIQ) announced a third engineering, procurement and construction agreement to build a 10.5 MW solar park in Thunder Bay, Ontario with SkyPower, Canada’s largest solar projects operation with 148.3 MW recently awarded to it by the Ontario Power Authority. While shares were higher last week above $13.00, shares have handily recovered off of the week’s lows as the world is viewing solar as a much safer alternative than nuclear energy due to Japan.

Online Resources Corp. (NASDAQ: ORCC) posted a wider loss and said it is no longer reviewing a possible M&A strategy. Shares were down more than 20% at $4.80 in the after-hours and are indicated down around the same level in early-bird indications.

Pacific Sunwear of California Inc. (NASDAQ: PSUN) posted a narrower loss and saw lower expenses, but same-store sales and margins were soft. Shares closed at $4.35 yesterday but shares were down 8% at $3.95 last night and early-bird indications may be even softer.

Portugal Telecom (NYSE: PT) is somehow amazing. The telecom carrier is actually up marginally after Portugal took yet another sovereign debt rating downgrade. The defensive nature of telecom stocks…

Rambus Inc. (NASDAQ: RMBS) shares popped in the after-hours session after the DRAM memory controller license operation renewed a pact with Toshiba for another 5-year period. Shares were up over 7% above $20.00 last night and shares are indicated around $19.75 in early-bird indications.

Vera Bradley, Inc. (NASDAQ: VRA) is still relatively new as a public company so its action and reaction could change either way throughout the day as its shares had been up considerably since its IPO. The handbags and accessories retail company saw net earnings drop because of taxes and other items. Shares were up over 5% above $35.00 last night and we are still awaiting indications.

JON C. OGG

Filed under: Pre-Market Activity, Trading Alert Tagged: CSIQ, IRE, ORCC, PSUN, PT, RMBS, VRA

Top Analyst Upgrades & Downgrades (AAPL, AMAT, AVGO, CMED, D, FDO, ISRG, MDT, ORCC, PEG, QLIK, RLD, RIMM)

Administrator — Wed, 25 Aug 2010 12:22:44 +0000

These are some of this Wednesday’s top analyst calls with upgrades, downgrades, and initiations seen from Wall Street research firms:

Apple Inc. (NASDAQ: AAPL) Reiterated Overweight and $340 target at Barclays.
Applied Materials Inc. (NASDAQ: AMAT) Cut to Underperform at First Global.
Avago Technologies Limited (NASDAQ: AVGO) Reiterated Buy and $30 target at Gleacher.
China Medical Technologies Inc. (NASDAQ: CMED) Started as Buy with $16 target at Deutsche Bank.
Dominion Resources, Inc. (NYSE: D) Cut to Underweight at Morgan Stanley.
Family Dollar Stores Inc. (NYSE: FDO) Cut to Market Perform at BMO.
Intuitive Surgical, Inc. (NASDAQ: ISRG) Raised to Outperform at Wells Fargo.
Medtronic, Inc.(NYSE: MDT) Cut to Market Perform at Wells Fargo; Cut to Market Perform at William Blair.
Online Resources Corp. (NASDAQ: ORCC) Raised to Outperform at Oppenheimer.
Public Service Enterprise Group Inc. (NYSE: PEG) Cut to Underweight at Morgan Stanley.
Qlik Technologies, Inc. (NASDAQ: QLIK) Started as Buy at Jefferies.
RealD Inc. (NYSE: RLD) Started as Outperform By BMO; Started as Overweight at Piper Jaffray; Started as Overweight at JPMorgan.
Research in Motion Ltd. (NASDAQ: RIMM) Cut to Hold an $48 target at GMP.

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JON C. OGG

Filed under: Analyst Calls Tagged: AAPL, AMAT, AVGO, CMED, D, FDO, ISRG, MDT, ORCC, PEG, QLIK, RIMM, RLD

Pre-Market Analyst Calls (October 26, 2007)

247wallst — Fri, 26 Oct 2007 07:09:57 +0000

ABK cut to Mkt Perform at FBR.
ADVNA cut to Mkt Perform at FBR.
BBY started as Mkt Perform at Wachovia.
BEN cut to Mkt PErform at FBR.
BG cut to Neutral at HSBC.
CC started as Mkt Perform at Wachovia.
CPS cut to Equal Weight at Lehman.
ELX cut to Mkt Perform at FBR.
ETEL cut to Mkt Perform at JMP Securities.
EXBD raised to Buy at Deutsche Bank.
FADV cut to Equal Weight at Lehman.
FVE raised to Buy at Jefferies.
GIS raised to Buy at Deutsche Bank.
HES raised to Buy at B of A.
KND raised to Buy at Jefferies.
LVLT cut to Neutral at JPMorgan.
LTM cut to Mkt Perform at Piper Jaffray.
MBI cut to Mkt Perform at FBR.
NILE raised to Hold at Citigroup.
ORCC cut to Sector Perform at CIBC.
PENN cut to Hold at Jefferies.
POWI cut to Hold at Citigroup.
RRI started as outperform at Wachovia.
SE started as Mkt Perform at Wachovia.
STD raised to Buy at Citigroup.
STLD cut to Neutral at UBS.
TRID too 3 downgrades: Jefferies, Deutsche Bank, and Oppenheimer.
TSM raised to Overweight at HSBC.
USU started as Mkt Perform at Wachovia.
WCG raised to Neutral at Goldman Sachs.

Jon C. Ogg
October 26, 2007