All Work

Jon C. Ogg

RIMM Upgrade Spurs Takeover Hopes, Again (RIMM, MSFT)

After looking through the Research-in-Motion Ltd. (NASDAQ: RIMM) analyst upgrade from this morning, the call may offer more confusion.  It was Bernstein, and the raised call was only to “Market Perform” from a dismal…

Jon C. Ogg · 15 years ago

Tiffany, When Good Earnings Get Panned (TIF)

Tiffany & Co. (NYSE: TIF) reported earnings of $0.70 as revenues rose 21% to $821.8 million.  The Thomson Reuters consensus estimates were EPS of $0.61 on revenue of $802.1 million, compared with EPS of…

Jon C. Ogg · 15 years ago

AMR Bankruptcy (AMR)

AMR Corporation (NYSE: AMR) has filed for bankruptcy, making all those rumors look more and more valid.  AMR has noted that it has $4.1 billion cash in the bank and also that it will…

Jon C. Ogg · 15 years ago

Fitch Outlook Warning for U.S.

FitchRatings is affirming the “AAA” rating of the United States. Unfortunately, the ratings agency is cutting the outlook on the long-term rating to NEGATIVE from STABLE. As noted: Fitch’s current assessment is that the…

Jon C. Ogg · 15 years ago

Insider Buying Drives Interest in Tetra Technologies (TTI)

TETRA TECHNOLOGIES INC (NYSE: TTI) is trading higher after two directors of the company bought shares. Investors love to see insider buying, and this was regarding some 40,000 shares in total.  Shares of the…

Jon C. Ogg · 15 years ago

M&A Hope for Onyx? (ONXX)

Onyx Pharmaceuticals, Inc. (NASDAQ: ONXX) is surging on reports by Bloomberg that the company is exploring strategic alternatives, which would imply a potential merger or acquisition of or by the company.  Shares are now…

Jon C. Ogg · 15 years ago

The $13 Billion Earnings Question For Banks (JPM, BAC)

The super-low bank P/E ratios may be showing something of a question.  J.P. Morgan Chase & Co. (NYSE: JPM), Bank of America Corporation (NYSE: BAC) and others top banks may have a combined $13…

Jon C. Ogg · 15 years ago

Top ETFs for the Market (FAS, RSX, RUSL, JNK, GLD)

The market is surging on European hopes of the beginning of the end to the financial crisis, despite credit rating bantering out of credit ratings agencies.  Now we just have to hope that Europe…

Jon C. Ogg · 15 years ago

Long Live ISPs… An Earthlink Upgrade! (ELNK)

EarthLink Inc. (NASDAQ: ELNK) was named as the Focus Stock of the Week by  S&P Capital IQ.  EarthLink now has a 5-STARS or Strong Buy rating.  Strengths are as follows: transformed from a consumer-centered…

Jon C. Ogg · 15 years ago

Advanced Battery Attacking Short Sellers (ABAT)

Advanced Battery Technologies, Inc. (NASDAQ:ABAT) has issued a letter to its shareholders.  The claim is that the company “has been afflicted by the concerted actions of a group of short sellers” where they accumulated…

Jon C. Ogg · 15 years ago

Upgrade Driving Salesforce.com (CRM)

Needham & Co. is not generally a research firm that creates 4% moves in shares, except that is the case this morning.  Salesforce.com (NYSE: CRM) would have likely been up on its own due…

Jon C. Ogg · 15 years ago

Gilead Snags Top Call From Goldman Sachs (GILD)

Gilead Sciences Inc. (NASDAQ: GILD) is trading higher this Monday on a top research upgrade.  The biotech was raised to the Conviction Buy List by Goldman Sachs.  Its new price target is $46.00 per…

Jon C. Ogg · 15 years ago