Posts for Ticker ‘ZION’

Top 10 Analyst Upgrades & Downgrades (T, DRYS, XOM, ITT, MOT, VZ, HBAN, RF, WMB, ZION)

These are ten of the top analyst upgrades and downgrades from Wall Street this Monday morning with more than two hours until the market opens:

  • AT&T (T) Raised to Buy at Goldman Sachs.
  • DryShips (DRYS) Raised to Perform at Oppenheimer.
  • Exxon Mobil (XOM) Raised to Buy at Deutsche Bank.
  • ITT (ITT) Raised to Neutral at JPMorgan.
  • Motorola (MOT) Raised to Neutral at Credit Suisse.
  • Verizon (VZ) Raised to Buy at Goldman Sachs.
  • Huntington Bancshares (HBAN) Cut to Hold at Citigroup.
  • Regions Financial (RF) Cut to Hold at Citigroup.
  • Williams Cos. (WMB) Cut to Underperform at RBX.
  • Zions Bancorp (ZION) Cut to Hold at Citigroup.

Jon C. Ogg
February 23, 2009

Posted on: February 23, 2009 – 7:29 am in Analyst Calls, , , , , , , , , ,

UBS Echoes Meredith Whitney: More 2009 Bank Losses (CMA, FHN, FITB, KEY, MI, RF, ZION, BAC, WFC, JPM)

Burning_money_pic_2UBS has a research report out for the banking sector, and the report may take away some thunder from those who are hoping that banks will return to profits sooner rather than later.  This estimates that large banks are likely to report losses in the fourth quarter and next year.  It also notes that many banks need to cut their sacred dividends even further.  Most of these banking stocks are trading lower today.

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Posted on: December 11, 2008 – 1:47 pm in Analyst Calls, Banking, Financial Stocks, , , , , , , , , ,

Top Pre-Market Analyst Upgrades (CTRP, GS, LEH, MRVL, NLC, NUVA, PRU, RF, RIG, USG, ZION)

These are some of the top early bird analyst upgrades and positive calls we are seeing this Monday morning with more than two hours to the open:

  • Ctrip.com (CTRP) Started as Outperform at Credit Suisse.
  • Goldman Sachs (GS) Raised to Buy at Merrill Lynch.
  • Lehman Brothers (LEH) Raised to Neutral at Merrill Lynch.
  • Marvell Tech (MRVL) Raised to Outperform at Morgan Keegan.
  • Nalco Holding (NLC) Raised to Neutral (from Sell) at Goldman Sachs.
  • NuVasive (NUVA) Started as Buy at Piper Jaffray.
  • Prudential Financial (PRU) Raised to Outperform at FBR.
  • Regions Financial (RF) Raised To Market Perform at FBR.
  • Transocean (RIG) Raised to Hold from Sell at Deutsche Bank.
  • USG (USG) Raised to Neutral at JPMorgan.
  • Zions Bancorp (ZION) Raised to Outperform at FBR.

Jon C. Ogg
September 8, 2008

Posted on: September 8, 2008 – 6:31 am in Analyst Calls, , , , , , , , , , ,

The 52-Week Low Club (CNB)(WB)(GHS)(ZION)

The Colonial BancGroup (CNB) Concerns about balance sheet. Down to $4.12 from 52-week high of $25.50.

Wachovia (WB) The bigger the bank, the harder its falls. Drops to $16.96 from 52-week high of $54.54.

Gatehouse Media (GHS) Newspaper. Falls to $2.73 from $19.60.

Zions Bancorporation (ZION) Yet another bank stock sinks. Drops to $33.42 from 52-week high of $71.43.

Douglas A. McIntyre

Posted on: June 17, 2008 – 2:58 pm in HI/LOW, , , ,

Nasdaq Short Interest: More Bets Against Sirius (SIRI) And Banks

The short interest in Sirius (SIRI) inflated by 30.9 million shares to 188.9 million. The figures compare April 30 to April 15 numbers. Investor are clearly willing to gamble against the company’s merger with XM Satellite (XMSR).

Several banking stocks also say spikes in short interest. Shares sold short in Huntington (HBAN) moved higher by 9.6 million to 47.2 million. Shares short in E*Trade (ETFC) rose 9.2 million to 104.5 million. The short interest in Zions Bancorp (ZION) moved higher by 7.3 million to 23.2 million. Share short in Schwab (SCHW) moved up 6.9 million to 32.1 million. And, the short interest in Hudson City Bancorp (HCBK) was up 3.6 million to 27.2 million.

Other notable increases in short interest included share short in Oracle (ORCL) which rose 8.7 million to 51.4 million and Broadcom (BRCM) which had a move up of 8.2 million to 38.6 million.

Most technical and telecommunications stocks lost traders willing to bet against them. The short interest in Intel (INTC) fell 10.9 million shares to 44.9 million. Shares short in Microsft (MSFT) were off 10.6 million to 98.4 million. The short interest in Comcast (CMCSA) dropped 8.9 million to 60.7 million. Shares short in Cisco (CSCO) fell 5.9 million to 60 million. Short interest in Qualcomm (QCOM) dropped 5.7 million to 20.2 million.

Data from Nasdaq

Douglas A. McIntyre

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Posted on: May 12, 2008 – 8:20 am in Short Interest, , , , , , , , , , , , , ,

52-Week Low Club: Transport, Semiconductors & Financials (January 2, 2008)

Truckers led the drop after a fake $100 oil print and after a YRC Worldwide (NASDAQ: YRCW) acquisition write-down, pulling down Arkansas Best (NASDAQ: ABFS) and others.  With no surprise, airlines followed suit with Airtrain (AAI), AMR Corp. (NYSE: AMR), Continental Airlines (NYSE:CAL), Delta (NYSE: DAL), FedEx (FDX), Jetblue (NASDAQ:JBLU), Mesa Air (NASDAQ: MESA), Northwest Air (NYSE: NWA), Southwest Airlines (NYSE:LUV), US Air (NYSE: LCC).

Chip and tech stocks on 52-week lows: AMAT, AMD, ADTN, ARRS, ATML, BBND, CHRT, FCS, FEIC, IDTI, IM, KLAC, KLIC, LRCX, LSCC, LSI, MCRL, MRVL, MU, NSM, STM, TER, XLNX

Financial Giants on 52-Week lows: BAC, BBT, BSC, CYN, DFG, EFX, FIC, FITB, FHN, MCO, NCC, PNSN, SNV, SBP, WFC, ZION.

We kept the REIT’s and the usual suspects in retail off the list that have been here day in and day out (although many hit new 52-week lows).  Here is the huge list of others 52-week lows:

  • Automatic Data (ADP), Cardinal Health (CAH), Career Education (CECO), Diebold (NYSE: DBD), EchoStar (DISH), Superior Offshore (DEEP), Dow Chemical (DOW), Eastman Kodak (EK), Emmis (EMMS), Ford (F), Fortune Brands (FO), General Motors (GM), Hasbro (HAS), Helen of Troy (HELE), Interpublic (IPG), Mattel (MAT), McClatchy (MNI), Media General (MEG), Nortel Networks (NT), Owens Corning (OC), Paychex (OPAYX), PHH Corp. (PHH), Playboy (PLA), Radio Shack (RSH), Rite Aid (RAD), Sherwin Williams (SHW), Sprint Nextel (S), Starbucks (SBUX), Starwood Hotels (HOT), Sun Microsystems (JAVA), Symantec (SYMC), Travelzoo (TZOO), VF Corp (VFC), Warner Music Group (WMG), Waste Management (WMI), Weight Watchers (WTW), Wendy’s (WEN)

Imagine how large this list would have been if retailers and REIT’s were included.
Jon C. Ogg
January 2, 2008

Posted on: January 2, 2008 – 4:23 pm in HI/LOW, , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,