Infoblox Shows Why Its IPO Hype Was Real
Infoblox Inc. (NYSE: BLOX) is the winner for Thursday as the automated network control systems provider showed that its sales gained almost 26% from a year ago. Earnings came in at $0.06 per share…
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Jon C. Ogg
Analyst Expects Pandora Stock to Double, Even with Apple Risk Factored In
Canaccord Genuity is out with an interesting research report on the controversial stock of Pandora Media Inc. (NYSE: P). While the firm noted that the earnings season has not been kind to long-term Internet stories,…
Q3 GDP Revised Higher, with Caveats
The Commerce Department is out with its first revision on third-quarter gross domestic product. GDP growth was initially said to be 2.0%, up from 1.3% in the second quarter. Final demand was what offered…
Jobless Claims Normalizing, at Higher Levels
The U.S. Labor Department is out with its weekly jobless claims. This should be the last report that we would expect any real impact from Hurricane Sandy, as things are getting back to normal.…
Tesla Raising Prices on Electric Model S Sedan
Today’s press release from Tesla Motors Inc. (NASDAQ: TSLA) indicates that the company is setting its new price targets for the Tesla Model S sedan. It is actually a price hike on the car.…
Top Analyst Upgrades and Downgrades (ALTR, ADI, AVB, BIIB, KMX, CREE, EMC, IACI, LNCO, LINE, MYL, NTAP, NXPI, PMT, RIMM, RIGL, TASR, TKR, VMW, XLNX)
These are some of the top analyst upgrades, downgrades and initiations seen in Wall St. research calls this Thursday. Altera Corp. (NASDAQ: ALTR) started at Neutral at SunTrust Robinson Humphrey. Analog Devices Inc. (NASDAQ: ADI)…
RIM Snags Unusually Optimistic Upgrade from Goldman Sachs
Research In Motion Ltd. (NASDAQ: RIMM) is enjoying the benefits of a surprise upgrade this morning. Today’s call was that it was raised to Buy from Neutral with $16 objective price target by Goldman…
Fed’s Beige Book Signals Growth Barely Hanging On
ThinkstockIn today’s Federal Reserve Beige Book, the trend does remain one of growth but growth which is anemic at best. The Federal Reserve indicated that the economy expanded at a measured pace recently, with seven…
Short-Term Gold Liquidation May Have Damaged Gold in Longer Term
Major sell orders took the strength out of gold this morning and the shiny yellow metal is down by $22.70 at $1718.18 (or down 1.3%). What may be more important for longer-term traders who…
Fed Governor Outlines More International Bank Regulation Framework
ThinkstockFederal Reserve Governor Daniel Tarullo is speaking today at the Yale School of Management Leaders Forum in New Haven, Connecticut. His speech is covering future regulation of foreign banking organizations. Tarullo noted that regulators…
Homebuilders Feel Pain of Weak Sales Data (DHI, KBH, LEN, PHM, RYL, TOL)
ThinkstockA disappointing report for new home sales in October sure took a bite out of the homebuilder stocks today. The Census Bureau showed a 0.3% decline to 368,000 on an annualized basis. This was only…
Analyst Sees 55% Upside in Small Biotech
ThinkstockIdenix Pharmaceuticals Inc. (NASDAQ: IDIX) was covered this morning in our analyst upgrades and downgrades daily summary, but call is worth a closer look. Deutsche Bank initiated the small biotech with a BUy rating. What…
S&P Chart Looking for Support
The market is soft and traders and investors are looking for support in what is a day guided by overseas trading action. We are analyzing the SPDR S&P 500 (NYSEMKT: SPY) as the most liquid…
Buffett Expects Delayed Resolution to Fiscal Cliff
Mark Hirschey / Wikimedia CommonsWarren Buffett of Berkshire Hathaway Inc. (NYSE: BRK-A) was on CNBC via remote teleconference this morning. While the aim was for a new biography, the real turn went to the…
Major Short Interest Changes in Cult and Low-Priced Stocks (ALU, BAC, DNDN, DMND, FB, FSLR, GMCR, GRPN, NFLX, NOK, RSH, RIMM, SIRI, ZNGA)
Brian Katt / Wikimedia Commons / GNU Free Documentation LicenseThe short interest in the actively traded cult stocks and in some of the low-priced high-volume stocks saw some significant changes. We compared the November…
Top Analyst Upgrades and Downgrades (CHKP, CI, CAG, GLW, GMCR, IDIX, LNKD, MCHP, NBR, P, PES, RDC, RCL, STI, SNPS, UNH, VE, VRTX, VOD)
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall St. research calls this Wednesday. Check Point Software Technologies Ltd. (NASDAQ: CHKP) started as Market Perform at BMO. Cigna…
Short Sellers Pounce on High-Yield Dividend Stocks (MO, AEP, NLY, T, DUK, KMB, KMP, MRK, PG, RAI, VZ)
Short sellers have lightened up on some high dividend stocks while picking up bets against others. It is almost as if they are mixed in bets against higher dividend taxes coming in 2013. We tracked…
Green Mountain Earnings Boost, Issues 2013 Outlook
courtesy Green Mountain Coffee Roasters Inc.Green Mountain Coffee Roasters Inc. (NASDAQ: GMCR) has just reported its quarterly earnings. For its quarter end in September, its comparable non-GAAP earnings rose by 36% to $0.64 EPS…
America Has Lower Household Debt, but Higher Personal Debt
Flickr, Images of MoneyThere is a report on the national household debt from the Federal Reserve Bank of New York showing a decrease in household debt by Americans. Today’s report in the third quarter…
Merck Dividend Hike Likely to Pressure Pfizer
ThinkstockMerck & Co. (NYSE: MRK) has joined the dividend hike brigade. We were not sure if the pharmaceutical giant was going to hike its payout, but it has. The company’s board of directors increased…