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Piper Jaffray Lowers PT On LDK Solar to $25
Wednesday, June 8, 2011 - 6:14am | 27Piper Jaffray has lowered the price target on LDK Solar (NYSE: LDK) from $25 to $20 and maintains its Overweight rating.
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8×8 (NASDAQ:EGHT) – A Jim Cramer Buyer Frenzy
Wednesday, June 8, 2011 - 5:06am | 6378×8 (NASDAQ:EGHT) is a stock that I have been following since I began this website back in October of last year. My very first post was made after the company had reported a record quarter, and since then the company has continued to report record breaking results as my most recent post has shown...
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Mad Money Lightning Round: Cramer Likes Booz Allen Hamilton
Wednesday, June 8, 2011 - 1:11am | 212On CNBC's Mad Money, Jim Cramer said during the Lightning Round that Chesapeake Energy (NYSE: CHK) is “doing a great job. The stock is marking time but I'm still a believer. Natural gas is very important." Cramer said that Booz Allen Hamilton (NYSE: BAH) was a “monster quarter. It should have...
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Stocks To Watch For June 8
Wednesday, June 8, 2011 - 1:03am | 280Some of the stocks that may grab investor focus today are: Wall Street expects Men's Wearhouse Inc (NYSE: MW) to report its Q1 EPS at $0.49 on revenue of $577.28 million. MW shares gained 0.13% to $30.85 in after-hours trading. Hovnanian Enterprises Inc (NYSE: HOV) reported its second-quarter...
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Mad Money Lightning Round OT: Cramer Is Bearish On MNKD (ULTA, MNKD, RFMD, SWKS, OVTI)
Tuesday, June 7, 2011 - 7:28pm | 209On CNBC's Mad Money Lightning Round OT, Jim Cramer advised his viewers to buy Ulta Salon, Cosmetics & Fragrance, Inc. (NASDAQ: ULTA). Although Ulta Salon, Cosmetics & Fragrance, Inc. (ULTA) spiked 13.38% in the after hours, Cramer sees more upside for this stock. MannKind Corporation (...
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Trident Microsystems Names Dr. Bami Bastani as CEO, President
Tuesday, June 7, 2011 - 4:18pm | 83Trident Microsystems, Inc. (Nasdaq: TRID) today announced that Dr. Bami Bastani has been appointed Chief Executive Officer and President and has been elected to the Board of Directors. Bastani has more than 20 years of experience as a CEO and senior executive in the semiconductor industry. His...
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Fed Chief Speaks Before Close 06-07-2011
Tuesday, June 7, 2011 - 3:43pm | 906Cusick's Corner Not surprised with the bounce into the Midday -- it would be surprising if it garners any momentum. Fed Chief is speaking this afternoon, right at the close, but I doubt that he will douse any fuel on the markets, i.e. QE talk. I will watch the action into the close because that...
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Top Narrow Based Indexes For June 7
Tuesday, June 7, 2011 - 10:40am | 217By 10:38 am, the Dow Jones Industrial Average was up 66.56 points, or 0.55%, to 12,156.52, while the broader Standard & Poor's 500 index had gained 7.75 points, or 0.60%. The NASDAQ composite index rose 13.78 points, or 0.51%. Some of the narrow based indexes that are driving the markets are...
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Benzinga's Volume Movers
Tuesday, June 7, 2011 - 10:27am | 151Mitcham Industries Inc (NASDAQ: MIND) shares surged 6.76% to $15.47 at 10:25 am. The volume of MIND shares traded was 828% higher than normal. MIND reported a 61% surge in its Q1 revenue. Solar Capital Ltd (NASDAQ: SLRC) shares moved up 2.62% to $24.67. The volume of SLRC shares traded was 450%...
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Benzinga's Top Upgrades
Tuesday, June 7, 2011 - 9:44am | 104Goldman Sachs upgraded XILINX Inc (NASDAQ: XLNX) from “sell” to “neutral.” XILINX's shares closed at $33.76 yesterday. XILINX's trailing-twelve-month operating margin is 34.01%. Analysts at Deutsche Bank upgraded Corn Products International Inc (NYSE: CPO) from “hold” to “buy.” CPO's shares closed...
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UPDATE: Cantor Fitzgerald Initiates Triquint Semiconductor at Buy
Tuesday, June 7, 2011 - 9:18am | 87Cantor Fitzgerald is out with its report today on Triquint Semiconductor (NASDAQ: TQNT), initiating TQNT at Buy. In a note to clients, Cantor Fitzgerald writes, "TriQuint is one of the most technologically diverse suppliers of RF components in the world. It derives approximately 70% of its...
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UPDATE: Cantor Fitzgerald Initiates ANADIGICS at Hold
Tuesday, June 7, 2011 - 9:12am | 103Cantor Fitzgerald is out with its report today on ANADIGICS (NASDAQ: ANAD), initiating ANAD at Hold. In a note to clients, Cantor Fitzgerald writes, "ANADIGICS has been a leading supplier of power amplifiers for the mobile device market for over 15 years. However, we estimate that the company has...
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UPDATE: Cantor Fitzgerald Initiates Skyworks Solutions at Buy
Tuesday, June 7, 2011 - 9:07am | 73Cantor Fitzgerald is out with its report today on Skyworks Solutions (NASDAQ: SWKS), initiating SWKS at Buy. In a note to clients, Cantor Fitzgerald writes, "We are initiating coverage on Skyworks with a BUY recommendation and a $33 target price. We suggest that investors aggressively accumulate...
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Entropic Communications Ships More Than 50 Million MoCA Silicon Solutions
Tuesday, June 7, 2011 - 9:01am | 265Entropic Communications (Nasdaq: ENTR) today announced it has shipped more than fifty million MoCA 1.0/1.1 chipsets since 2007. Sitting at the center of a massive paradigm shift in the connected home entertainment market, Entropic's MoCA technology is enabling whole-home entertainment networks now...
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Deutsche Bank Reports on Texas Instruments
Tuesday, June 7, 2011 - 8:30am | 158Deutsche Bank commented on Texas Instruments (NYSE: TXN) in a report released yesterday. In the report, Deutsche Bank was mixed in its assessment of the company. Deutsche Bank writes, "TXN's 2Q outlook was for sales to be in the range of +1-9% q/q ($3.41- $3.69bn), which was lower than typical...