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[Video] Checking in With Technical Analyst Guru Louise Yamada
Wednesday, August 17, 2011 - 8:22am | 1329The question of the day is what happens after we complete this oversold bounce. The major indexes have all broken down from a textbook head and shoulders formation, and sit below (far below in fact) the major long term moving average of the 200 day. While I don't take much as much stock in the '...
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J.P. Morgan Overweight On VeriFone
Tuesday, August 16, 2011 - 7:55am | 87Jefferies & Co. is resuming coverage on VeriFone (NYSE: PAY) with an Overweight rating and a $47 price target on shares. In a note to clients, Jefferies & Co. writes, "We were restricted on VeriFone due to J.P. Morgan's involvement in the transaction announced on September 29, 2010. Now...
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News Summary for August 16, 2011
Tuesday, August 16, 2011 - 7:44am | 642This is your Benzinga news summary and traders' outlook for Tuesday, August 16, 2011, covering headlines from overnight and Tuesday's pre-market session. Today in domestic pre-market trading, U.S. equity futures are trading lower. At last check, Dow futures are down over 100 points and the U.S....
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JP Morgan Raises PT On VeriFone To $47
Tuesday, August 16, 2011 - 6:20am | 32JP Morgan has raised the price target on VeriFone (NYSE: PAY) from $26 to $47 and has resumed coverage on the company with an Overweight rating.
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Buffett Doubles Stake in MasterCard
Monday, August 15, 2011 - 4:30pm | 138Warren Buffett's Berkshire Hathaway (NYSE: BRK.A) reported after the bell today that it had doubled its stake in global payments company, MasterCard (NYSE: MA) over the past three months. According to the 13-f filling, Berkshire now owns 405,000 shares, up from 216,000 shares on March 31st....
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UPDATE: Jefferies Downgrades Syntel from Buy to Hold and Lowers PT from $66 to $52
Monday, August 15, 2011 - 9:20am | 117Jefferies has published a research report on Syntel (NASDAQ: SYNT) downgrading the company and lowering the price target. In the report, Jefferies wrote, "SYNT has an impressive track record of execution predicated on conservative guidance, and 2Q showed nice recovery in q/q rev growth. Trading at...
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UPDATE: Jefferies Downgrades ExlService Holdings from Buy to Hold and Lowers PT from $28 to $24
Monday, August 15, 2011 - 9:15am | 121Jefferies has published a research report on ExlService Holdings (NASDAQ: EXLS) assuming coverage with a downgraded rating and a lower price target. In the report, Jefferies wrote, "In our view, EXLS possesses differentiated domain expertise, making the company a leader in the offshore BPO market...
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Benzinga's Top Pre-Market Gainers
Monday, August 15, 2011 - 8:32am | 128Motorola Mobility Holdings Inc (NYSE: MMI) shares advanced 60.03% to $39.16 in the pre-market session. Google Inc (NASDAQ: GOOG) announced its plans to buy Motorola Mobility for $12.5 billion in cash. Motorola Solutions Inc (NYSE: MSI) shares advanced 3.72% to $41.49 in the pre-market session. MSI...
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Broadridge Appoints Stefanie Shelley as Chief Marketing Officer
Monday, August 15, 2011 - 8:32am | 62Broadridge Financial Solutions, Inc. (NYSE: BR) announced today that it has appointed Stefanie Shelley as its Chief Marketing Officer, effective immediately. In her new role, Ms. Shelley will be responsible for Broadridge's global marketing functions, including the company's brand strategy, all...
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News Summary for August 15, 2011
Monday, August 15, 2011 - 7:46am | 634This is your Benzinga news summary and traders' outlook for Monday, August 15, 2011, covering headlines from overnight and Monday's pre-market session. Today in domestic pre-market trading, U.S. equity futures are trading higher. At last check, Dow futures are up about 40 points and the U.S....
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Goldman Sachs Downgrades CSG Systems To Sell
Monday, August 15, 2011 - 6:31am | 20Goldman Sachs has downgraded CSG Systems (NASDAQ: CSGS) from Neutral to Sell.
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Goldman Sachs Downgrades FIS, TSS To Neutral
Monday, August 15, 2011 - 6:30am | 36Goldman Sachs has downgraded Fidelity National Information Services (NYSE: FIS) and Total System Services (NYSE: TSS) from Buy to Neutral.
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Goldman Sachs Adds Visa To CL-Buy List
Monday, August 15, 2011 - 6:27am | 22Goldman Sachs has added Buy-rated Visa (NYSE: V) to the Americas Conviction Buy list.
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Jefferies Downgrades Syntel To Hold, Lowers PT To $52
Monday, August 15, 2011 - 5:48am | 27Jefferies & Company has downgraded Syntel (NASDAQ: SYNT) from Buy to Hold and has lowered the price target from $66 to $52.
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Jefferies Downgrades ExlService Holdings To Hold, Lowers PT To $24
Monday, August 15, 2011 - 5:44am | 28Jefferies & Company has downgraded ExlService Holdings (NASDAQ: EXLS) from Buy to Hold and has lowered the price target from $28 to $24.