inthenews posts
FeedPosted Sep 3rd 2010 12:00PM by Eric Buscemi (RSS feed)
Filed under: Analyst Reports, Analyst Upgrades and Downgrades, Burger King Hldgs (BKC), Analyst Initiations, American Eagle Outfitters (AEO), Take-Two Interactive (TTWO)
Analyst Upgrades
- Hudson Square upgraded Take-Two (TTWO) to buy from hold, citing the better-than-expected Q3 report and increased guidance.
- Keybanc upgraded The Buckle (BKE) to hold from underweight given the potential for a special dividend in the near term.
- Stifel Nicolaus upgraded K-Sea Transportation (KSP) to hold from sell, citing KA First Reserve's $100M equity investment.
- Gold Fields (GFI) was upgraded to overweight from equal weight at Morgan Stanley.
- James Hardie NV (JHX) was upgraded to neutral from reduce at Nomura.
Continue reading Analyst Calls: AEO, BKC, BKE, GRA, KSP, MFE, PSS, TTWO, VPRT ...
Posted Sep 3rd 2010 11:00AM by Tom Taulli (RSS feed)
Filed under: H and R Block (HRB)
It's been brutal for H&R Block (HRB). Its stock has gone from $23 to $12.50 a share over the past year. But in the latest earnings report, there was some hopeful news for shareholders. In fact, H&R Block's shares were up 8% following the report. However, there are still challenges for the company and its probably better to look at the stock early next year, at the start of the new tax season.
In the fiscal first quarter, H&R Block posted a loss of $130.7 million, or $0.41 per share. Of course, the shortfall is normal because of the seasonality in the business.
Continue reading H&R Block Rallies Following Q1 Report
Posted Sep 2nd 2010 6:30PM by Joseph Lazzaro (RSS feed)
Filed under: Employees, DJIA
On Wednesday, I noted a good short-hand for time-pressed investors who want to gauge whether or not it's a good time to start committing more money to stocks -- the U.S. Department of Labor's monthly Employment Situation report. It receives ample media coverage. In a summary: more than 125,000 jobs per month created consistently? That's bullish for the Dow.
Here's a second indicator: initial jobless claims. However, because jobless claims can fluctuate wildly due to idiosyncratic events (holidays, strikes, weather-related job cuts, etc.), use the 400,000-level barometer.
Continue reading Dow Clue #2: Keep an Eye on Jobless Claims, Over Quarters
Posted Sep 2nd 2010 5:00PM by Paul Foster (RSS feed)
Filed under: Options, SanDisk Corp (SNDK)


Manpower (
MAN) closed up $1.96 to $46.87. MAN overall option
implied volatility of 37 is near its 26-week average of 38 according to Track Data, suggesting non-directional price movement.
SanDisk (
SNDK) closed up $1.18 to $36. SNDK September
put option implied volatility is at 54, October is at 55, January is at 55; above its 26 week average of 51. SNDK
call option volume of 38K contracts compares to put volume of 14K contracts according to Track Data, suggesting traders taking positions for price movement.
Options Update is by Stock Specialist Paul Foster of theflyonthewall.com.Posted Sep 2nd 2010 1:30PM by Wade Hansen (RSS feed)
Filed under: QUALCOMM Inc (QCOM)
Qualcomm Inc. (QCOM) may be at a tipping point right now. And for a stock that has seen four big price gaps during 2010, the move could be a big one. The question is, will the stock gap higher or lower?
Goldman Sachs -- citing influences like a higher mix of smartphones and tablets, the move from voice-to-data-centric devices in China and India and a weaker US dollar -- recently reiterated its Conviction Buy List rating for Qualcomm and raised its price target from $44 to $46.
Continue reading Time to Ride a Qualcomm Straddle?
Posted Sep 2nd 2010 11:30AM by Eric Buscemi (RSS feed)
Filed under: Analyst Reports, Analyst Upgrades and Downgrades, Hewlett-Packard (HPQ), Netflix, Inc. (NFLX), Boston Scientific (BSX), Analyst Initiations, Rio Tinto plc ADS (RTP)
Analyst Upgrades
- JMP Securities upgraded Hewlett-Packard (HPQ) to outperform from market perform based on valuation and checks that indicate strength in enterprise PCs, high growth geographies and light laptops. The firm has a $50 target on the stock.
- RBC Capital upgraded Rio Tinto (RTP) to outperform from sector perform, citing the company's improving growth plans and attractive risk profile.
- Goldman upgraded FormFactor (FORM) to neutral from sell, but lowered its price target to $6 from $10. The firm cites valuation for the upgrade.
- MCG Capital (MCGC) was upgraded to outperform from market perform at FBR Capital.
- CRH (CRH) was upgraded to neutral from underweight at JPMorgan.
- Melco Crown (MPEL) was upgraded to overweight from equal weight at Morgan Stanley.
Continue reading Analyst Calls: BSX, FORM, HPQ, JACK, MCO, NFLX, PPL, RTP, VALE ...
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