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Apple Surging Today After Deutsche Bank Raises Price Target To $375 (AAPL)
Tuesday, June 22, 2010 - 10:00am | 128Deutsche Bank (NYSE: DB) analyst Chris Whitmore has raised his price target on Apple (NASDAQ: AAPL) shares to $375.00, the highest on the Street. "Apple is beginning the strongest product cycle in the company's history, led by the iPad and iPhone 4 release later this week," he writes. "Initial...
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Zacks Analyst Blog Highlights: Life Technologies, Gen-Probe, Roche, Becton Dickinson and Abbott Labs - Press Releases
Monday, June 21, 2010 - 7:04am | 1198For Immediate Release Chicago, IL – June 21, 2010 – Zacks.com Analyst Blog features: Life Technologies Corporation (LIFE), Gen-Probe Inc (GPRO), Roche (RHHBY), Becton Dickinson (BDX) and Abbott Labs (ABT). Get the most recent insight from Zacks Equity Research with the free Profit from the Pros...
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Life Targets Stem Cell Research - Analyst Blog
Friday, June 18, 2010 - 10:21am | 450Life Technologies Corporation (LIFE) is aiming big in the field of stem cell research. The company presented its offering of stem cell research at the annual meeting of the International Society for Stem Cell Research (ISSCR). Over the past 5 years, Life has invested in various collaborations and...
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Company News for June 18, 2010 - Corporate Summary
Friday, June 18, 2010 - 8:57am | 170• Goldman Sachs (NYSE:GS) added shares of Williams Companies (NYSE:WMB) to its Conviction Buy list with a price target of $28. The shares had been rated as a "buy" • FBR reiterated its "market perform" opinion of Intel (NASDAQ:INTC), with a price target of $30 • RBC upgraded Tesoro (NYSE:TSO) from...
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Deutsche Bank Reiterates Buy Rating On Honeywell (HON)
Thursday, June 17, 2010 - 12:53pm | 109Deutsche Bank (NYSE: DB) is reiterating their Buy rating on shares of Honeywell International (NYSE: HON). The firm has a $54 price target on the stock. The analysts noted that HON trades at just 14.3x 2010E earnings per share, which is a discount to its peers, despite the fact that the company's...
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Benzinga’s Top Upgrades (UBS, SUN, NWE, RTP)
Thursday, June 17, 2010 - 7:09am | 144UBS AG (NYSE: UBS) was upgraded by Macquarie from “underperform” to “outperform.” UBS’ shares closed at $13.81 yesterday. UBS’ quarterly sales moved up 51.92%. Barclays upgraded Sunoco Inc (NYSE: SUN) from “equal weight” to “overweight.” SUN’s shares closed at $34.27 yesterday. Sunoco’s earnings...
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Company News for June 14, 2010 - Corporate Summary
Monday, June 14, 2010 - 8:39am | 160• Cablevision (NYSE:CVC) said it agreed to buy privately-owned Bresnan Communications for $1.36 billion • RailAmerica (NYSE:RA) reported its June car loads improved 9.1% YoY from May levels • FBR upgraded T Rowe Price (NASDAQ:TROW) from "market perform" to "outperform," raising the price target...
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Weaker Markets Lead To Lower AUM At Franklin Resources (BEN)
Wednesday, June 9, 2010 - 11:07am | 148Deutsche Bank (NYSE: DB) released a client note today on Franklin Resources (NYSE: BEN). The analysts wrote that the pull back in equity markets has led to a 4.9% sequential decline in month-end assets under management. According to the report, "while it is difficult to estimate flows in a given...
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Company News for June 9, 2010 - Corporate Summary
Wednesday, June 9, 2010 - 9:14am | 211• Banco Santander plans to pay $2.5 billion to Bank of America (NYSE:BAC) for its stake in a Mexican unit • Eclipsys (NASDAQ:ECLP) plans to buy Allscripts (NASDAQ:MDRX) for $1.3 billion, or $22.10 per share • Cardinal Health (NYSE:CAH) plans to buy Health Solutions for $667 million • Texas...
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Company News for June 2, 2010 - Corporate Summary
Wednesday, June 2, 2010 - 8:57am | 174• Joseph A. Bank (NASDAQ:JOSB) posted better-than-expected first quarter earnings of 85 cents a share, up from Zacks expectations of 71 cents, on estimate-topping revenues of $178.1 million, ahead of Zacks estimates of $175 million • Prudential (NYSE:PRU) dropped from its offer to acquire AIG's (...
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Puts Sold on UBS
Tuesday, June 1, 2010 - 10:14am | 106Shares of UBS AG (NYSE: UBS) are flat on the session, currently trading $13.32. The stock has been drifting lower for the past two months and is nearing a horizontal support level around $12.50. One trader is betting that the slide is over in the name as they are selling out of their long put...
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Citigroup Hires Former Credit Suisse Executive (C, CS)
Friday, May 28, 2010 - 4:11pm | 133Citigroup (NYSE: C) has announced the appointment of Simon Yates as its new head of equity derivative sales and trading for the Americas. Simon Yates earlier worked as co-head of European equities for Credit Suisse Group (NYSE: CS). The position has been newly created by Citi (C ) to focus on the...
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Company News for May 28, 2010 - Corporate Summary
Friday, May 28, 2010 - 8:42am | 205• Royal Dutch Shell (NYSE:RDSA) announced that it agreed to buy privately held East Resources for $4.7 billion in cash to increase its shale gas exposure in North America • Prudential (NYSE:PRU) is reportedly trying to renegotiate its previous $35.5 bid for AIG's (NYSE:AIG) Asian AIA unit, as major...
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American Public Education Retains ‘Hold’ Rating (APEI)
Thursday, May 27, 2010 - 4:41pm | 142American Public Education (NASDAQ: APEI) has been given a ‘Hold’ rating by Deutsche Bank (NYSE: DB). The company recently held an investor event in New York. According to Deutsche Bank (DB), the company is expected to have modest growth in its margins. This is due to increased competition in core...
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The Value Satellite Sector Overlooked; Barron’s (TSTR, GSAT, SATS)
Wednesday, May 26, 2010 - 4:02pm | 160Barron’s suggests that the previewed changes in rules of the National Broadband Plan (NBP) shall upraise values among certain spectrum assets. According to Credit Suisse (ADR) (NYSE: CS), this value has been overlooked by investors. The rapid growth in demand of wireless data shall also raise the...