Bernstein Research

A renowned technology analyst has called upon Apple Inc (NASDAQ: AAPL) to start returning some of its massive cash balance to its shareholders in the form of dividends. Analyst Toni Sacconaghi of Bernstein Research said in his "Open Letter to CEO Steve Jobs and Apple's Board," that the company has...

Craig Moffett of Bernstein Research reduced his outlook on the cable sector. He also slashed the ratings for Cablevision (NYSE: CVC), Comcast (NASDAQ: CMCSA) and Time Warner Cable (NYSE: TWC) to “neutral.” The downgrade was prompted by the proposal by the Federal Communications Commission (FCC) on...

Analysts at Bernstein Research have released an update on TD Ameritrade Holding Corp. (NASDAQ: AMTD). TD Ameritrade reported its second-quarter results on Tuesday. The company reported second-quarter EPS of $0.27, which was ahead of analysts’ estimate of $0.23. The upside was due to a one-time tax...

According to an FT article on CNBC, investors are expecting US financial groups to post robust Q1 earnings growth, despite the lackluster markets for equity trading and investment banking during the first three months of this year. Analysts believe that bank profits will depend largely on debt...

Analysts Steven E. Winoker and David Abrameto at Bernstein Research have released an update on General Electric Company (NYSE: GE). GE will report its first-quarter earnings on April 16. Analysts expect the company to report EPS of $0.17 in its first-quarter. Industrial gross margin is expected to...

Analysts at Bernstein Research have released an update on ConAgra Foods, Inc. (NYSE: CAG). The company will announce its third-quarter results on March 25. Analysts believe that ConAgra’s sales in the third-quarter will be light due to slow organic sales growth in the Consumer Segment and...

Analysts at Bernstein Research have released an update on TD Ameritrade Holding Corp. (NASDAQ: AMTD). On Tuesday, TD Ameritrade disclosed that the comparable quarter was “shaping up” to resemble its December quarter EPS of $0.23. The firm also released uninspiring monthly operating metrics, which...

Bernstein Research analysts Brad Hintz, Vincent M. Curotto and Luke Montgomery maintained their Market Perform rating for shares of Charles Schwab Corporation (NYSE: SCHW), with a target price of $16. Although the analysts had a favorable view of long-term prospects for Charles Schwab Corporation,...

In a research report posted on the Barron’s website by Eric Savitz, Bernstein Research analyst Craig Moffett maintained his “underperform” rating on Sprint (NYSE: S) and reduced its target price to $2.50 from $3. According to Moffett, bullishness surrounding the company’s stock is dependent on the...

AT&T Inc. (NYSE: T) saw its 4th quarter earnings rise by 25% as it reported net income of $3.09 billion, or 51 cents per share. Compared with $2.4 billion, or 41 cents per share, in the 2008 4th quarter, which included one time costs. Revenue slid 0.7% to $30.86 billion, as falling sales in AT...