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UPDATE: Barclays Raises Renren's PT
Tuesday, May 15, 2012 - 8:24amAccording to a research report published this morning, Barclays has increased Renren's (NYSE: RENN) PT from $5.50 to $5.80. In the report, Barclays said, "We maintain 2-EW and adjust our 12-month price target to US$5.80 based on revised estimates and DCF analysis. Although RENN delivered stronger-...
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Sunday, May 13, 2012 - 8:10am
Barron's Recap (5/12/12): The Memory-Foam Mattress Industry, Facebook's IPO
This weekend in Barron's online: the pros and cons of memory-foam mattresses and the prospects for Facebook's IPO and for aircraft maker Embraer and semiconductor testing equipment maker ChipMOS. Cover Story "Sex or Sleep?" by Miriam Gottfried. Sales of memory-foam mattresses have surged as more...
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UPDATE: Barclays Raises China Kanghui Holdings' PT
Wednesday, May 2, 2012 - 9:40amAccording to a research report published this morning, Barclays has increased China Kanghui Holdings' (NYSE: KH) PT 26% to $25. In the report, Barclays commented, "Our new PT is derived by revising our 2012/13 earnings forecasts (4%/7%) and shifting our forward multiple of 22x from 2012E to 2013E...
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UPDATE: Barclays Lowers Sohu.com's PT
Wednesday, May 2, 2012 - 8:51amAccording to a research report published this morning, Barclays has decreased Sohu.com's (NASDAQ: SOHU) PT from $61 to $56. In the report, Barclays commented, "After providing disappointing 2Q12 guidance and commenting on the change of strategy for its video sales team, Sohu had reset expectations...
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UPDATE: Barclays Lowers Baidu.com's PT
Wednesday, April 25, 2012 - 8:04amAccording to a research report published this morning, Barclays has decreased Baidu.com's (NASDAQ: BIDU) PT from $190 to $187. Barclays commented in the report, "Baidu delivered an in-line 1Q result, but guided 2Q below expectation, which is the reason we believe the shares fell >9% after...
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UPDATE: Barclays Lowers SINA's PT
Monday, April 23, 2012 - 9:19amAccording to a research report published this morning, Barclays has reduced SINA's (NASDAQ: SINA) PT from $70 to $66. Barclays commented in the report, "Following our recent channel checks with advertising agencies, we see relatively cautious ad demand into 2Q12, especially for traditional banner/...
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UPDATE: Barclays Downgrades Nokia to Equal-Weight
Friday, April 13, 2012 - 10:54amBarclays lowers its rating on Overweight-rated Nokia (NYSE: NOK) as the company lowers its outlook for the first half of 2012. Barclays notes, "We already forecast a major decline in Symbian and gradual ramp in Windows Phone, but the deterioration in core mobile phones is significantly worse...
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Monday, March 19, 2012 - 10:06am
Apple Call: What Dividend and Buyback Program Will Achieve
Shortly after announcing its first dividend since 1995, Apple (NASDAQ: AAPL) held a conference call with analysts to provide more detail on the program is expected to achieve for the company. Apple is expected to spend $45 billion in "domestic cash" to issue a dividend of $2.65 per share as well as...
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Tuesday, February 28, 2012 - 7:53am
Seven Hot European Stocks
The European situation was the focus at this past weekend's G20 meeting. Even as a bailout of Greece seems to be all but set, several eurozone members teeter on the brink of recession. On top of that comes the backlash from Iran over sanctions due to its nuclear development efforts. See also:...
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Barclays Upgrades Kosmos Energy to Overweight
Friday, December 16, 2011 - 8:30amBarclays upgrades Kosmos Energy (NYSE: KOS) to Overweight, $17 price target.
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