Posts for Ticker ‘RIMM’

Top 10 Analyst Upgrades, Downgrades, Initiations (ADI, ACI, ISRG, BTU, PHM, RIMM, STX, SPWRA, TGT, WDC)

These are this Wednesday’s top ten analyst upgrades, downgrades, and initiations seen in Wall Street research calls:

Analog Devices (NYSE: ADI) Raised to Conviction Buy List at Goldman Sachs.
Arch Coal (NYSE: ACI) Started as Overweight at HSBC.
Intuitive Surgical (NASDAQ: ISRG) Started as Market Perform at Morgan Keegan.
Peabody Energy (NYSE: BTU) Started as Overweight at HSBC.
Pulte Homes (NYSE: PHM) Raised to Buy at Citigroup.
Research-in-Motion (NASDAQ: RIMM) Cut to Market Perform at BMO.
Seagate Technology (NASDAQ: STX) Cut to Underperform at BofA Merrill Lynch.
Sunpower Corporation (NASDAQ: SPWRA) Cut to Neutral at Janney Montgomery Scott.
Target Corp. (NYSE: TGT) Cut to Neutral at Goldman Sachs.
Western Digital Corp. (NYSE: WDC) Cut to Underperform at BofA Merrill Lynch.

You can join our open email distribution list to hear more news on key analyst calls, top day trader alerts, mergers and acquisitions, Buffett and other investment gurus, IPOs, secondary offerings, private equity, and more.

JON C. OGG

Posted on: November 18, 2009 – 7:53 am in Analyst Calls, Pre-Market Activity, Trading Alert, , , , , , , , , ,

Media Digest 11/18/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

Reuters:   Thain regrets nothing he did at Merrill Lynch and during its merger with Bank of America (NYSE:BAC).

Reuters:   Trump put his support to the bondholders of his casino business.

FT:   A Chinese court ruled against Microsoft (NASDAQ:MSFT) in an intellectual property case. Read More »

Posted on: November 18, 2009 – 4:07 am in Press Digest, , , , , , , , , , , , , , , , ,

Today’s Best Market Rumors (11/17/2009) New Bid For Cadbury

Updated throughout the day.

Updated 4.06 PM EST:  “U.S. chocolate giant Hershey Co. has been in high-level talks with Italian chocolate maker Ferrero Spa to possibly craft a rival joint bid to Kraft Foods Inc.’s $16.7 billion offer for Cadbury PLC.”  (WSJ)

Toys ‘R’ Us could go public  (The Deal)

The new Motorola (NYSE:MOT) Droid handset may be taking significant market share from the Palm (NASDAQ:PALM) Pre.

AOL’s market value will be $3.2 billion when it is spun off from Time Warner (NYSE:TWX)  (The Business Insider)

Smartphones from Apple (NASDAQ:AAPL) and RIM (NASDAQ:RIMM) are becoming a security threat  (BusinessWeek)

Several nations including Russia, the US, Israel, France, and China are preparing for cyberattacks.  (CNET)

Talks between Sal. Oppenheim and Australia’s Macquarie over the sale of the Luxemburg-based firm’s investment banking operations collapsed.  (Reuters)

Douglas A. McIntyre

Posted on: November 17, 2009 – 9:01 am in Rumors, , , , , ,

Top 10 Analyst Upgrades, Downgrades, Initiations (CADX, COH, DELL, HTE, JWN, RIMM, S, STP, URI, VRSK)

These are the top ten analyst upgrades, downgrades, and initiations we have seen from Wall Street research calls early this Monday:

Cadence Pharmaceuticals (NASDAQ: CADX) Cut to Perform at Oppenheimer.
Coach Inc. (NYSE: COH) Raised to Buy at Goldman Sachs.
Dell Inc. (NASDAQ: DELL) Started as Buy with $19 target at Goldman Sachs.
Harvest Energy (NYSE: HTE) Cut to Neutral at UBS.
Nordstrom (NYSE: JWN) Raised to Buy at Goldman Sachs.
Research In Motion (NASDAQ: RIMM) Started as Hold, $66 target, at Auriga.
Sprint Nextel (NYSE: S) Raised to Outperform at Credit Suisse.
Suntech Power Holdings Co. Ltd. (NYSE: STP) Raised to Neutral (from Underweight) at HSBC.
United Rentals (NYSE: URI) Raised to Outperform at Oppenheimer.
Verisk Analytics (NASDAQ: VRSK) Started as In-Line at Fox-Pitt; Started as Market Perform at KBW.

You can join our open email distribution list which goes out several times per week to be notified of key analyst calls, top early morning day trader alerts, along with news of IPO’s, key offerings, guru investor data on Buffett and others, mergers, and more.

JON C. OGG

Posted on: November 16, 2009 – 8:13 am in Analyst Calls, Technology Companies, Trading Alert, , , , , , , , , ,

Wal-Mart (WMT) Give RIM (RIMM) A Hand

WMTRIM (NASDAQ:RIMM) has been under seige these last few weeks. Investors are concerned that the Blackberry maker is losing market share to the Apple (NASDAQ:AAPL) iPhone and a new group of handsets using the Google (NASDAQ:GOOG) Android mobile operating system. Motorola (NYSE:MOT) launched its Droid just last week.

RIM shareholders are also nervous the Palm (NASDAQ:PALM) Pre sales could take a very modest but still damaging piece of the Blackberry market.

Wal-Mart (NYSE:WMT) means to help save RIM. Read More »

Posted on: November 11, 2009 – 8:15 am in Wireless, , , , , , ,

Media Digest 10/5/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

newspaperReuters:   Toyota (NYSE:TM) returned to a profit.

Reuters:   The Fed will keep rates near zero for an extended period.

Reuters:   Cisco (NASDAQ:CSCO) beat forecasts.

Reuters:   Gold is near $1,100. Read More »

Posted on: November 5, 2009 – 3:58 am in Press Digest, , , , , , , , , , , , , ,

Another Win For Apple (AAPL): The Touchscreen

appleIt is getting harder and harder to find any flaws in Apple’s (NASDAQ:AAPL) businesses. The company’s shares trade at $190, very near their all-time high. Analysts expect record results from the company for the calendar fourth quarter as holiday shoppers drive better-than-usual sales of iPods, Macs, and iPhones.

comScore (NASDAQ:SCOR) released data that shows touchscreen smartphone sales up 159% from August 2008 to August 2009 when units sold hit 23.8 million. The growth was much greater than that for the total smartphone category which was up 63% in the US for the same period to 33.8 million units. Read More »

Posted on: November 3, 2009 – 2:43 pm in PC Companies, Wireless, , , , ,

Media Digest 11/3/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

newspaperReuters:   The value of the yuan could cause a trade war between the US and China.

Reuters:   Executive pensions rose despite drops in stock prices.

Reuters:   Lloyds will make a large stock offering.

Reuters:   Stanley Works (NYSE:SWK) bought Black & Decker (NYSE:BDK) for $3.46 billion.

Reuters:   CIT’s (NYSE:CIT) exit from bankruptcy is not clear.

Reuters:   UBS (NYSE:UBS) posted a loss and wealth management clients continued to leave.

Reuters:   Ford (NYSE:F) posted a surprise profit.

Reuters:   Manufacturing and pending home sales both rose.

Reuters:   Volker said the economy could not rely on consumer spending.

Reuters:   The commercial real estate business is still in deep trouble.

WSJ:   Toyota (NYSE:TM) expects a monthly sales decline.

WSJ:   IllyCaffè SpA will work with local coffee shops to compete with Starbucks (NASDAQ:SBUX).

WSJ:   The head of the IMF says financial firms are going back to old practices.

WSJ:   Blu-ray makers are becoming more involved with web video.

WSJ:   Research-in-Motion (NASDAQ:RIMM) is the focus of a number of bearish comments.

WSJ:   Schwab (NASDAQ:SCHW) is making a push into ETFs.

WSJ:   GM’s board will revisit the Opel sale.

WSJ:   Microsoft (NASDAQ:MSFT) Office faces inexpensive versions of similar software.

WSJ:   Sears (NASDAQ:SHLD) may need to get cash from its Canadian operation which presents challenges.

WSJ:   Problems are beginning to appear in the financials of Chinese banks.

WSJ:   Business bankruptcies rose 7% in October.

NYT:   The US will allow GM to use federal money to put into Delphi.

NYT:   The Supreme Court is looking at fees advisors charge mutual funds.

NYT:   The Senate is pushing insurance companies on the amount of premiums they actually spend on care.

NYT:   Goldman Sachs (NYSE:GS) may buy tax credits from Fannie Mae (NYSE:FNM)

FT:   The Fed has asked banks to adopt it new pay rules early to cover 2009 compensation.

FT:   Ebay’s (NASDAQ:EBAY) PayPal has opened doors to outside developers.

Bloomberg:   The next head of Bank of America (NYSE:BAC) may be based in NYC.

Douglas A. McIntyre

 

Posted on: November 3, 2009 – 3:55 am in Press Digest, , , , , , , , , , , , , ,

Top 10 Analyst Upgrades, Downgrades, Initiations (BIIB, INCY, MOT, CMCSA, JWN, ODP, PALM, RIMM, RCL, YUM)

These are this Monday’s top ten analyst upgrades, downgrades, and initiations seen from Wall Street research firms:

Biogen Idec (NASDAQ: BIIB) Raised to Buy at Jefferies.
Incyte Corporation (NASDAQ: INCY) Started as Outperform at Leerink Swann.
Motorola (NYSE: MOT) Raised to Buy at Citigroup.
Comcast (NASDAQ: CMCSA) Cut to Hold at Kaufman Bros.
Nordstrom Inc. (NYSE: JWN) Raised to Buy at Deutsche Bank.
Office Depot (NYSE: ODP) Cut to Underperform at Credit Suisse.
Research-in-Motion (NASDAQ: RIMM) Cut to Sell at Citigroup.
Royal Caribbean (NYSE: RCL) Raised to Outperform at Wells Fargo.
YUM! Brands (NYSE: YUM) Raised to Outperform at RBC Capital.

You can join our open email distribution list to get updates on top analyst upgrades and downgrades, top day trader alerts, IPO’s, secondary offerings, Warren Buffett and other guru activity, M&A and more.

JON C. OGG

Posted on: November 2, 2009 – 9:25 am in Analyst Calls, , , , , , , , , ,

Credit & Equity Analyst Ratings Duel at Palm (PALM)

Palm LogoPalm Inc. (NASDAQ: PALM) has lost that massive stock surge that we saw for what felt like way too long throughout 2009.  There are two key analyst calls that now may act as an analyst duel.  One is yesterday’s BMO Capital Markets and the other is non other Standard & Poor’s.  Throw in a high, but declining, short interest and the race is back on in Palm as to whether its future is made of shinola or made of something else in the notorious analogy.

Palm was weak yesterday and fell $0.90 to downgraded yesterday to $13.38 after BMO Capital Markets downgraded the stock to an “Underperform” rating from an already neutral “Market Perform” rating.  BMO already took its sub-market target down to $10.00 from $11.00.  BMO was concerned over Apple’s iPhone and R-I-M’s Blackberry competition, as well as what is coming down the pipe from Google’s Android phones.  Yet this morning we have an upgrade on the corporate credit side of Palm from Standard & Poor’s.
Read More »

Posted on: October 28, 2009 – 11:36 am in Analyst Calls, Consumer Electronics, Technology Companies, Telecom, Wireless, , , ,

Apple (AAPL) Has Huge Jump In Smartphone Share

appleApple (NASDAQ:AAPL) is coming very close to becoming the preferred smartphone in America, which would topple RIM (NASDAQ:RIMM) from the top spot. The new iPhone 3GS is giving the company startling momentum as it gains on the Blackberry.

New research from ChangeWave shows that RIM is still the share leader in the smartphone business with 40% of the market,  but Apple has moved up to 30%.  The numbers for the Blackberry maker are even worse going forward. Read More »

Posted on: October 27, 2009 – 6:15 am in Research, ,

Google’s (GOOG) Android Could Squeeze Out Apple (AAPL)

appleNokia’s (NYSE:NOK) Symbian mobile operating system has dominated the handset software business for years. Microsoft’s mobile Windows has made some progress in picking up market share during the last decade, but its success has been very modest.

The operating systems which are part of the Apple (NASDAQ:AAPL) iPhone and RIM (NYSE:RIMM) Blackberry were almost instant successes because of the popularity of their handsets.

Among these four powerful mobile OS players there seemed to be no room for a fifth, and certainly not a fifth that could take any significant market share. Google’s (NASDAQ:GOOG) is in the process of proving that conventional wisdom wrong. Read More »

Posted on: October 26, 2009 – 6:04 am in Consumer Electronics, Hardware, Software, Wireless, , , , ,

Apple (AAPL) Meets The Nokia (NOK) Litigation Machine

appleNokia (NYSE:NOK) sued Apple (NASDAQ:AAPL)  saying  that Apple’s iPhone infringes Nokia patents for GSM, UMTS and wireless LAN (WLAN) standards.

Nokia has a habit of trying to get its way in court as Qualcomm (NASDAQ:QCOM) found out two years ago. After a prolonged royalty fight, Nokia sued the chip design firm and accused it of illegally copying six of its patents for mobile downloading of software applications and for mobile television broadcasts. The dispute between the firms ended with Nokia paying Qualcomm for intellectual property, turning the Finnish company’s legal tactic on its head.

Nokia sued two Chinese companies for copying the design of several of its handsets in 2006. Nokia has also been involved recently in patent litigation, which it won,  against InterDigital. Read More »

Posted on: October 22, 2009 – 1:26 pm in Law, , , ,

Apple (AAPL) iPhone May Get FM Tuner

appleThe devilishly clever engineers at Apple (NASDAQ:AAPL) have apparently discovered another way to sell songs though the iTunes store.

Apple appears to be developing an FM tuner that will run on the iPhone and some iPod models. According to the site “9 to 5 Mac”, the new feature will allow Apple customers to click on a song that they are listening to on the radio and immediately buy it from the iTunes store. Read More »

Posted on: October 15, 2009 – 5:52 am in Software, Wireless, , ,

Media Digest (10/15/2009) Reuters, WSJ, NYTimes, FT, Bloomberg

newspaperReuters:   Goldman Sachs (NYSE:GS) is having trouble justifying its huge bonuses.

Reuters:   Bruce Wasserstein, M&A giant and head of Lazard (NYSE:LAZ), died.

Reuters:   Congress will probe compensation at AIG (NYSE:AIG).

Reuters:   US foreclosures fell for a second month but stayed high. Read More »

Posted on: October 15, 2009 – 4:04 am in Press Digest, , , , , , , , , , , , , , , , , , , , ,

Media Digest 10/14/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

newspaperReuters:   Aggressive trading in gold in China may be pushing the price of the metal up.

Reuters:   Blackstone’s (NYSE:BX) CEO says the worst of the crisis is over.

Reuters:   The House has begun to create a financial regulation bill. Read More »

Posted on: October 14, 2009 – 4:03 am in Press Digest, , , , , , , , , , , , , , ,

Microsoft (MSFT) Failure Destroys T-Mobile Customer Data

“nokRegrettably, based on Microsoft/Danger’s latest recovery assessment of their systems, we must now inform you that personal information stored on your device – such as contacts, calendar entries, to-do lists or photos – that is no longer on your Sidekick almost certainly has been lost as a result of a server failure at Microsoft/Danger.”–T-Mobile customer service website. Read More »

Posted on: October 12, 2009 – 6:08 am in Wireless, , , , ,

Apple (NASDAQ:AAPL) Short Interest Steady, Down In Other Techs

bearThe short interest in Apple (NASDAQ:AAPL) was steady in the period that ended on September 30 at 16 million shares.The bet being made against RIM (NASDAQ:RIMM) rose 13% to 13% to 19.2 million.  The shares short in other major techs stocks dropped.

Shares short in Broadcom (NASDAQ:BRCD) dropped 14% to 19.1 million. Shares short in Juniper (NADSAQ:JNPR) dropped 11% to 36.8 million. The short interest in Symantec (NASDAQ:SYMC)  dropped 8% to 12.9 million shares. Read More »

Posted on: October 10, 2009 – 2:53 pm in Short Interest, , , , , , , , , , , , , , , , , , , , , ,

Top Analyst Upgrades (AKS, BMY, CREE, JPM, LRCX, MAR, RIMM, SVNT, SE, VIA)

These are this Friday morning’s top Wall Street analyst upgrades and positive research calls:

AK Steel (AKS) Raised to Buy at Deutsche Bank.
Bristol-Myers (BMY) Started as Outperform at Wells Fargo.
Cree (CREE) Started as Overweight at JPMorgan
J.P. Morgan (JPM) Started as Strong Buy at Raymond James.
Lam Research (LRCX) Raised to Outperform at Credit Suisse.
Marriott (MAR) Raised to buy at BofA/Merrill Lynch.
Research in Motion (RIMM) Raised to Outperform at R.W. Baird.
Savient Pharma (SVNT) Raised to Outperformat Oppenheimer.
Spectra Energy (SE) Raised to Conviction Buy List at Goldman Sachs.
Viacom (VIA) Raised to Overweight at Piper Jaffray.

You can join our open email distribution list to get updates each morning on analyst upgrades and downgrades, top day trader alerts, IPO’s and secondary offerings, Warren Buffett and other guru activity, M&A and more.

JON C. OGG
October 9, 2009

Posted on: October 9, 2009 – 7:43 am in Analyst Calls, , , , , , , , , ,

Too Many Smartphones

nokDell (NASDAQ:DELL) announced that it will launch a smartphone with AT&T (NYSE:T) next year. The handset will be powered by the Google (NASDAQ:GOOG) Android operating system. 

The news about Google’s role has to annoy Microsoft (NASDAQ:MSFT), which has a mobile package of its own, and Symbian, which has about 50% of the smart phone operating system market. Read More »

Posted on: October 8, 2009 – 5:11 am in Telecom, , , , , , , , ,