-
UPDATE: BGB Lowers PT on DTS to $40
Tuesday, August 9, 2011 - 8:55am | 89BGB is out with its report today on DTS (NASDAQ: DTSI), lowering its PT to $40. In its report, BGB writes, "In light of the soft results and guidance, in a turbulent market, we are reducing our target price to $40. That said, we are reiterating our Buy rating and we recommend that investors take...
-
LeCroy Announces New $75M Credit Agreement
Tuesday, August 9, 2011 - 8:18am | 48LeCroy Corporation (NASDAQ: LCRY) today announced that it has reached agreement with its lending partners, RBS Citizens Bank and M&T Bank, to establish a new $75 million revolving line of credit through August 8, 2016, replacing the Company's former $50 million credit facility.
-
UPDATE: Piper Jaffray Lowers PT on DTS Inc from $46 to $30
Tuesday, August 9, 2011 - 7:32am | 100Piper Jaffray has published a report on DTS Inc (NASDAQ: DTSI) lowering the price target after 2Q results came back lower than expected. In the report, Piper Jaffray wrote, "DTS reported Q2 results below consensus. Royalty recovery payments and game console revenues were weaker than expected in...
-
Goldman Sachs Lowers PT On Universaly Display To $45
Tuesday, August 9, 2011 - 7:11am | 27Goldman Sachs has lowered the price target on Universal Display (NASDAQ: PANL) from $55 to $45 and maintains its Buy rating.
-
OSI Systems Receives $7M Contract From U.S. Army for Advanced People Screening Solution
Tuesday, August 9, 2011 - 7:06am | 65OSI Systems, Inc. (NASDAQ: OSIS) today announced that its Security division, Rapiscan Systems, has received a contract valued at approximately $7 million from the U.S. Army to provide multiple units of its ruggedized Secure 1000 advanced people screening system. The order stems from a recently...
-
Piper Jaffray Lowers PT On DTSI To $30
Tuesday, August 9, 2011 - 6:51am | 26Piper Jaffray has lowered the price target on DTS (NASDAQ: DTSI) from $46 to $30 and maintains its Neutral rating.
-
UPDATE: J.P. Morgan Lowering Price Target On DTS, Inc.
Tuesday, August 9, 2011 - 6:50am | 133J.P. Morgan Chase & Co. is out with a research report on DTS, Inc. (NASDAQ: DTSI) and is lowering price target to $29.00 from $34.50, and it is keeping its Overweight rating on shares. In a note to clients, J.P. Morgan Chase & Co. writes, "DTSI reported 2Q11 results slightly above our...
-
JP Morgan Lowers PT On DTSI To $29
Tuesday, August 9, 2011 - 5:52am | 26JP Morgan has lowered the price target on DTS (NASDAQ: DTSI) from $34.50 to $29 and maintains its Underweight rating.
-
Top 4 Small-Cap Stocks In The Industrial Electrical Equipment Industry With The Highest EPS Estimates
Tuesday, August 9, 2011 - 3:21am | 149Below are the top small-cap industrial electrical equipment stocks on the NYSE and the NASDAQ in terms of earnings estimate for the next year. The earnings estimate for Regal Beloit Corporation (NYSE: RBC) for the next year ending December, 2012 is $5.62 per share. RBC's PEG ratio is 0.87....
-
Itron Completes Refinancing of Senior Secured Debt
Monday, August 8, 2011 - 3:18pm | 57Itron, Inc. (NASDAQ: ITRI) announced today that it has completed a refinancing of its senior secured debt providing for committed credit facilities in the amount of $800 million. The new credit agreement consists of a $300 million term loan and a multicurrency revolving credit facility with a...
-
Earnings Scheduled For August 8
Monday, August 8, 2011 - 2:50am | 413Dollar Thrifty Automotive Group Inc (NYSE: DTG) is projected to report its Q2 EPS at $1.37 on revenue of $408.57 million. MGM Resorts International (NYSE: MGM) is projected to report a FQ4 loss at $0.13 per share on revenue of $1.59 billion. 99 Cents Only Stores (NYSE: NDN) is expected to...
-
Market Losers as of 10am
Friday, August 5, 2011 - 9:19am | 317CoreLogic (NYSE: CLGX) is trading down over 27% after being cut to Neutral at Bank of America. Brocade Communications (NASDAQ: BRCD) is trading down over 27% after being cut to Market Perform at Oppenheimer. Pacific Biosciences (NASDAQ: PACB) is trading down over 19.9% after being cut to Neutral at...
-
Piper Jaffray Maintains Overweight Rating On Dolby Laboratories
Friday, August 5, 2011 - 9:01am | 83According to Piper Jaffray, Dolby Laboratories (NYSE: DLB) reported a solid June quarter, with EPS and revenue slightly above consensus. Piper Jaffray said that for FY11, the company slightly raised its revenue and EPS outlook. “We are maintaining our Overweight rating but lowering our target from...
-
Piper Jaffray Reiterates Overweight Rating On Rofin-Sinar
Friday, August 5, 2011 - 8:23am | 66According to Piper Jaffray, Rofin-Sinar (NASDAQ: RSTI) Overweight rating is reiterated. Piper Jaffray said that Rofin's 3QFY print made the grade despite the dismal tape yesterday. “Our price target goes to $43 now based on 17x CY12E EPS of 2.52. The lowered multiple (from 18x) reflects a more...
-
Pre-Market Losers Before 8:00 am
Friday, August 5, 2011 - 6:52am | 107American Science & Engineering (NASDAQ: ASEI) -13.81% on disappointing earnings yesterday. Dolby Laboratories (NYSE: DLB) -11.07% after Piper Jaffray and JPMorgan lowered its PT. Charles Schwab (NASDAQ: SCHW) -10.58% after the company broke a support level yesterday. Pacific Biosciences...