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Benzinga’s Top Upgrades (AEO, GSK, IP, PKG)
Friday, June 11, 2010 - 6:43am | 159American Eagle Outfitters (NYSE: AEO) was upgraded by Jefferies from “hold” to “buy.” AEO’s shares closed at $12.68 yesterday. American Eagle Outfitters’ earnings are likely to grow by 16.98% next year. Barclays Capital upgraded GlaxoSmithKline plc (NYSE: GSK) from “equal weight” to “overweight.”...
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Longbow Upgrades IP To Buy
Friday, June 11, 2010 - 5:26am | 51Analysts at Longbow Research upgrade International Paper Company (NYSE: IP) from "neutral" to "buy." The target price for IP is set to $32. IP’s shares moved up 5.26% to close at $23.02 yesterday. More Analyst Ratings here
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CERIDIAN INDEX JUMPS 3.1% IN MAY
Thursday, June 10, 2010 - 9:07am | 372The Ceridian-UCLA Pulse of Commerce Index jumped 3.1% in May in an optimistic sign for what is looking like an increasingly weak economy. According to Ceridian-UCLA this points to higher economic growth: “The increase represents the strongest indicator yet from the PCI that the U.S. economy is...
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J.P. Morgan Reiterates Neutral Rating On Altera (ALTR)
Tuesday, June 8, 2010 - 11:50am | 127J.P. Morgan (NYSE: JPM) released a research report today reiterating their Neutral rating and $22.00 price target on shares of Altera (NASDAQ: ALTR). The analysts wrote that they believe ALTR is overshipping end demand, and are worried about an inventory build at the company. During the current...
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Calls Purchased on Xilinx (XLNX)
Monday, June 7, 2010 - 12:43pm | 131Shares of Xilinx Inc. (NASDAQL XLNX) are lower on the session by 1.23%, currently trading $24.65. The stock fell hard in May, but has held the 200-day moving average. Calls are being bought on the name today; the June $24 call traded 3,300 times on open interest of 1,684 contracts, in addition to...
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Calls Trade in Altera (ALTR)
Friday, June 4, 2010 - 11:05am | 169Shares of Altera Corp. (NASDAQ: ALTR) are lower on the session by 0.29%, currently trading $24.40. The stock has been drifting lower for the past five weeks, but has managed to hold the 200-day moving average. Calls are trading in the name today, but it is unclear whether these were purchases or...
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WHY IT’S NOT A NORMAL RECOVERY
Thursday, June 3, 2010 - 11:08pm | 744By Comstock Partners: In our comment of April 22nd we said that the impression that the economy was undergoing a normal economic recovery was highly misleading, and outlined a number of key economic series that supported our case that the rebound was actually quite weak. Now, six weeks later,...
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Calls Purchased on Acme Packet (APKT)
Tuesday, June 1, 2010 - 12:32pm | 134Shares of Acme Packet Inc. (NASDAQ: APKT) are lower on the session by 4.47%, currently trading $28.00. The stock has been on an amazing run higher over the past six months and is trading well above the 50-day and 200-day moving averages. Calls are being purchased on the name today with the June $...
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Lumber Prices Have Crashed On Weak Outlook For Builders (WY, LUK, MAS, LPX, IP, FBR, TOL, KBH, LEN, PHM))
Friday, May 28, 2010 - 9:14am | 246On May 17th and May 25th, the Chicago Mercantile Exchange stopped trading in lumber futures because the contract price had fallen by the maximum allowable amount of $10. On the 25th, lumber was halted at a price of $225/thousand board feet, which is the price that the contract opened at again this...
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5-26-10 Daily Small Cap Market News and Stock Highlights from SmallCapVoice.com
Wednesday, May 26, 2010 - 9:53am | 2327Stocks are higher on upbeat durable good report Stocks rose Wednesday after an upbeat durable goods report gave investors a reason to keep buying after a late rally a day earlier. The Dow Jones industrial average rose about 102 points in morning trading after recovering from a loss of nearly 300...
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Acme Packet Surging On High Volume (APKT)
Wednesday, May 26, 2010 - 9:39am | 109Shares of Acme Packet (NASDAQ: APKT) are moving higher today on above average volume. The stock has gained 4.87%, or $1.30, to $27.99 in the first hour of trading. Nearly a million shares have already changed hands compared to a daily average of 1.09 million. Acme Packet (APKT) has a market cap of...
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Top 5 Stocks In The Packaging And Containers Industry With The Highest Market Capitalization (OI, BLL, MWV, CCK, PTV)
Tuesday, May 18, 2010 - 6:30am | 159Below are the top 5 packaging and containers stocks on the NASDAQ and the NYSE in terms of market capitalization. Owens-Illinois Inc (NYSE: OI) has a market capitalization of $5.08 billion. OI’s quarterly earnings grew by 89.10% year-over-year. Ball Corp (NYSE: BLL) has a market capitalization of $...
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Catalysts To Watch On May 14, 2010
Friday, May 14, 2010 - 6:45am | 133Analyst Meeting • Wells Fargo & Company (NYSE: WFC)– WFC's first ever analyst meeting commenced yesterday and will finish today. • Intersil (NASDAQ: ISIL) - The company is holding its analyst meeting today. Corporate Events Calendar • JC Penny (JCP) - JCP is set to announce its results for the...
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Top 5 Large-Cap Stocks In the Consumer Goods Sector With The Lowest PEG Ratio (JCI, FMX, F, BRFS, IP)
Thursday, May 13, 2010 - 5:06am | 170Below are the top five large-cap stocks in the consumer goods sector on the NYSE and the NASDAQ in terms of the PEG ratio. Johnson Controls Inc (NYSE: JCI) has a PEG ratio of 0.36. JCI’s quarterly revenue growth stands at 31.70% y/y. Fomento Economico Mexicano SA (NYSE: FMX) has a PEG ratio of 0.39...
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Top 5 Mid-Cap NYSE Stocks In The Consumer Goods Sector With The Lowest PEG Ratio (FBR, TRW, HBI, OSK, IP)
Monday, May 10, 2010 - 4:58am | 179Below are the top 5 mid-cap consumer goods stocks on the NYSE in terms of the PEG ratio. The PEG ratio of Fibria Celulose SA (NYSE: FBR) is 0.24. FBR’s quarterly revenues grew by 115.20% y/y. The PEG ratio of TRW Automotive Holdings Corp (NYSE: TRW) is 0.25. Deutsche Bank upgraded TRW from “hold”...