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Brean Murray Carret Reiterates Hold on Lexmark
Wednesday, February 1, 2012 - 7:08amBrean Murray Carret maintains its Hold rating on Lexmark (NYSE: LXK) as the company is poised to grow EPS in the second half of 2012. Brean Murray Carret comments, "LXK held up well yesterday considering its recent run, that it guided Mar Q EPS below Street, and that it was trading towards 9x,...
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Lexmark International up 3% on Higher Than Expected Q4 Profit
Tuesday, January 31, 2012 - 9:42amLexmark International (NYSE: LXK) is trading higher on the session following its Q4 earnings announcement. The company reported EPS of $1.25 vs $1.16 estimate and revenues of $1.06 billion vs $1.06 billion estimate. Paul Rooke, Lexmark CEO said: "2011 was a good year for Lexmark given the...
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Logitech Down 12% After Poor Earnings Report
Thursday, January 26, 2012 - 12:01pmShares of Logitech (NASDAQ: LOGI) are down more than 12% after the company reported earnings. Sales for Q3 FY 2012 were $715 million, down 5 percent from $754 million in Q3 FY 2011. Changes in exchange rates did not have an impact on sales compared to the prior year. Operating income was $70...
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Benzinga's Top Pre-Market Losers
Thursday, January 26, 2012 - 8:25amLogitech International SA (NASDAQ: LOGI) dipped 13.94% to $7.04 in the pre-market session. LOGI reported downbeat Q3 results. E*TRADE Financial Corporation (NASDAQ: ETFC) fell 8.12% to $8.60 in the pre-market trading. ETFC posted quarterly loss. Travelzoo Inc (NASDAQ: TZOO) moved down 7.93% to $...
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UPDATE: J.P. Morgan Downgrades Logitech to Underweight
Tuesday, January 17, 2012 - 9:42amIn a recent research report published today, J.P. Morgan has downgraded Logitech International (NASDAQ: LOGI) from Neutral to Underweight and has lowered the price target from $11.50 to $9.00 due to the presence of strong offerings from competing brands. J.P. Morgan commented that, “Logitech...
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Benzinga's Top Downgrades
Tuesday, January 17, 2012 - 7:47amAnalysts at JP Morgan downgraded Logitech International SA (NASDAQ: LOGI) from “neutral” to “underweight.” LOGI's shares closed at $7.77 on Friday. Logitech International's trailing-twelve-month ROA is 1.97%. Deutsche Bank downgraded AK Steel Holding Corp (NYSE: AKS) from “buy” to “hold.” AKS'...
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A Peek Into The Market Before The Trading Starts
Tuesday, January 17, 2012 - 7:30am
Pre-open movers US stock futures are higher this morning, after upbeat data from China. Futures for the Dow Jones Industrial Average jumped 90 points to 12,480.00 and S&P 500 index futures rose 9.70 points to 1,298.60. Nasdaq 100 futures gained 19.50 points to 2,393.00. A Peek Into Global...
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JP Morgan Downgrades Logitech International to Underweight
Tuesday, January 17, 2012 - 6:58amJP Morgan has downgraded Logitech International (NASDAQ: LOGI) from Neutral to Underweight and has lowered the price target from $11.50 to $9.
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Top 4 Stocks In The Computer Based Systems Industry With The Highest ROE
Friday, January 13, 2012 - 3:53amBelow are the top computer based systems stocks on the NYSE and the NASDAQ in terms of return on equity. The trailing-twelve-month return on equity at Lexmark International Inc (NYSE: LXK) is 24.08%. LXK's revenue for the same period is $4.22 billion. The trailing-twelve-month return on equity at...
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Top 4 Stocks In The Computer Based Systems Industry With The Highest ROE
Friday, January 13, 2012 - 3:52amBelow are the top computer based systems stocks on the NYSE and the NASDAQ in terms of return on equity. The trailing-twelve-month return on equity at Lexmark International Inc (NYSE: LXK) is 24.08%. LXK's revenue for the same period is $4.22 billion. The trailing-twelve-month return on equity at...
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