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Optimistic View on Abercrombie & Fitch (ANF)
Friday, December 4, 2009 - 3:27pm | 119Goldman Sachs(NYSE: GS) is optimistic and recommends a buy on Abercrombie & Fitch (NYSE: ANF) despite a disappointing November. There was a substantial pickup in sales in the final week, month’s comps are not good, but not as bad as feared by GS. Sales grew by 9% in November on sq ft growth of...
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Retail Stocks Present Buying Opportunities: Goldman Sachs (GS)
Friday, December 4, 2009 - 3:14pm | 190Goldman Sach’s (NYSE: GS) sector overview of the retail sector highlights the impact on apparel sales in the U.S. owing to unseasonably warm weather. The Northeast region especially lagged in winter apparel sales. J.C. Penney (NYSE: JCP) and Kohl’s (NYSE: KSS) saw a slump in the children’s apparel...
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Morgan Stanley (MS) Finds Media Industry Prospects Attractive
Friday, December 4, 2009 - 3:05pm | 169Morgan Stanley Research’s (NYSE: MS) assessment of November ratings showed that broadcast was down 9% of primetime basis and cable ratings were down 5.4% on a total day basis. Season to date ratings are trending slightly below guarantees, but such guarantees are at times sold on different demos...
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Morgan Stanley Discontinues Coverage Of First Solar (FSLR)
Friday, December 4, 2009 - 1:25pm | 46Morgan Stanley (NYSE: MS) announced that it is discontinuing its coverage of First Solar Inc. (NASDAQ: FSLR), as the primary analyst covering the stock has left the firm. First Solar is trading at $128.02 at this time.
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Morgan Stanley (MS): November Retail Sales Disappointing
Friday, December 4, 2009 - 1:17pm | 133Morgan Stanley (NYSE: MS) noted that November retail comparable sales growth at 0.6 percent underperformed market expectations by 160 bps. The biggest miss came from department stores (-3.8% comp, underperforming consensus by 230 bps) and discount stores (2.2%, underperforming by 180 bps). Off...
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Goldman Sachs: Positive Outlook For NetApp (NTAP), EMC (EMC) And 3PAR (PAR)
Friday, December 4, 2009 - 1:06pm | 84Goldman Sachs (NYSE: GS) has given a Positive outlook for storage stocks like NetApp Inc. (NASDAQ: NTAP), EMC Corporation (NYSE: EMC) and 3PAR Inc. (NYSE: PAR). The Positive outlook was attributed to a) Ongoing growth in data driving the need for more storage; b) Virtualized servers increasing the...
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M&A To Become A Key Theme For Tech Stocks
Friday, December 4, 2009 - 1:03pm | 82Goldman Sachs (NYSE: GS) released its notes on the Gartner (NYSE: IT) data center conference held this week. It noted that cloud computing is driving the need for more integrated solutions and M&A will become the key theme for the tech stocks. Goldman Sachs expects software as a particularly...
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Adoption Of Cloud Computing Hindered As Cloud Management Is In Early Stages
Friday, December 4, 2009 - 12:00pm | 120Goldman Sachs (NYSE: GS) noted that cloud management is still in early stages, which is hindering adoption. While traditional vendors like CA, Inc. (NASDAQ: CA), BMC Software (NASDAQ: BMC) and IBM (NYSE: IBM) are the first choices, Goldman Sachs noted an emerging trend where some customers look to...
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Red Hat (RHT) To Benefit As Linux Remains Strategic
Friday, December 4, 2009 - 11:57am | 101A note from Goldman Sachs (NYSE: GS) on the Gartner (NYSE: IT) Data Centre conference had three updates on Linux: (1) Intel (NASDAQ: INTC) Nehalem processors are expected to accelerate Unix to Linux migration; (2) Red Hat, Inc. (NYSE: RHT) will benefit as Linux users derive value from maintenance...
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VMware (VMW) And Citrix (CTXS) Slug Out As Virtual Desktop Deployment Is On Rise
Friday, December 4, 2009 - 11:02am | 100According to a Goldman Sachs (NYSE: GS) note on the Gartner (NYSE: IT) Data Centre conference, Virtual Desktop deployment (VDI) is on the rise. Vendors like Citrix (NASDAQ: CTXS) and VMware (NYSE: VMW) are competing for orders from large enterprises and smaller companies. Key selling points for...
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Some VMware (VMW) Customers Keen On Server Virtualization
Friday, December 4, 2009 - 10:50am | 74Goldman Sachs (NYSE: GS) released its note on the Gartner (NYSE: IT) data center conference held this week. It noted that some of VMware’s (NYSE: VMW) customers are keen on adoption of server virtualization compared to desktop, which may hit VMware's topline. Goldman Sachs noted that these...
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Goldman (GS) Compensations Under Attack Yet Again
Thursday, December 3, 2009 - 3:23pm | 194Goldman Sachs Group, Inc. (NYSE: GS) has been on a spree of private discussions with major stakeholders, following severe criticism from various quarters on its record compensation pool. Such defensive action comes as shareholders file proposals aimed at restricting pay at Goldman. This year,...
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Credit Suisse (CS) 2010 Outlook Dull For China Stocks
Thursday, December 3, 2009 - 10:21am | 115Credit Suisse (NYSE: CS) forecasts a tough 2010 of limited upsides for Chinese stocks, with just single-digit percentage gains expected for major indexes. Chinese stock valuations seem to be stretched after 12 months of rallying, as per Credit Suisse’s 2010 Outlook, and a focus on consumer-focused...
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Stock Market News for December 03, 2009 - Market News
Thursday, December 3, 2009 - 10:19am | 391Stocks held on to previous session’s gains as an upbeat assessment of the economy from the Federal Reserve overshadowed a decline in banking and energy shares. The Dow Jones industrial average, struggling to find direction, slipped from its 14-month high as investors turned their focus towards...
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Top 5 Small-Cap Stocks in NYSE That Have Highest Cash Per Share (FRE, MF, SEB, FNM, AGM)
Thursday, December 3, 2009 - 9:21am | 184Below are the interesting small-cap stocks on the NYSE that are held by highest cash per share. Freddie Mac (NYSE: FRE) has a market capitalization of $706.7 million and cash per share of $464.31. FRE shares are trading at a price significantly short of their 52-week high of $2.50. MF Global Ltd (...