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Symantec Corporation (SYMC) Maintains A Neutral Rating
Thursday, January 28, 2010 - 12:39pmFTN Equity Capital Markets Corp. has maintained a Neutral rating for Symantec Corporation (NASDAQ: SYMC). Symantec Corporation reported third quarter revenues of $1.551 billion and EPS of $0.40. The results were ahead of consensus estimates. The company registered a 4% drop in bookings year-over-...
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GILD Reports Stellar Reports For 4Q09, Powered By HIV Franchise
Wednesday, January 27, 2010 - 1:31pmAnalyst Biren Amin of FTN Equity Capital Markets maintains his "buy" rating on Gilead Sciences (NASDAQ: GILD), while raising his estimates for the company. The target price for GILD is set to $58. According to FTN Equity Capital Markets, Gilead Sciences reported its 4Q09 results ahead of the...
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KCI Reports Solid Results For 4Q09
Wednesday, January 27, 2010 - 1:30pmAnalysts at FTN Equity Capital Markets maintain their "buy" rating on Kinetic Concepts (NYSE: KCI), while raising their estimates for the company. The target price for KCI is set to $48. Kinetic Concepts reported its 4Q09 sales and EPS ahead of the consensus. KCI has reaffirmed its formal CY10...
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IDTI Posts Solid Results For F3Q10
Wednesday, January 27, 2010 - 1:27pmAnalysts at FTN Equity Capital Markets maintain their "neutral" rating on Integrated Device Technology Inc (NASDAQ: IDTI), while raising their estimates for the company. According to FTN Equity Capital Markets, Integrated Device Technology reported its F3Q10 results ahead of the consensus, driven...
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Currency Drives ELY’s Q4 Upside
Wednesday, January 27, 2010 - 1:22pmAnalysts at FTN Equity Capital Markets maintain their "neutral" rating on Callaway Golf (NYSE: ELY). According to FTN Equity Capital Markets, Callaway Golf reported its 4Q09 results ahead of the estimates, driven by positive currency effects. Callaway Golf has issued its 2010 guidance in-line with...
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Lexmark International Inc. (LXK) Downgraded To Sell
Wednesday, January 27, 2010 - 1:20pmFTN Equity Capital Markets Corp. has downgraded Lexmark International Inc. (NYSE: LXK) from Neutral to Sell rating. FTN has set a price target of $20 for Lexmark. According to FTN the improved Office Product Superstore momentum and cost cutting benefits at the company will be offset by multiple...
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EMC Reports Solid Results For Q4
Wednesday, January 27, 2010 - 1:18pmAnalysts at FTN Equity Capital Markets reiterate their "buy" rating on EMC Corporation (NYSE: EMC), while raising their estimates for the company. The target price for EMC has been raised from $20 to $22. EMC has reported its 4Q09 EPS and revenues ahead of the estimates and the consensus. “EMC’s...
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Regions Financial Corporation (RF) Update
Wednesday, January 27, 2010 - 1:06pmFTN Equity Capital Markets Corp. has released an update on Regions Financial Corporation (NYSE: RF). Regions Financial Corporation reported a loss of $0.51 per share for the fourth quarter as against FTN’s expectation of a loss of $0.45 per share. This difference was due to a $96 million...
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WTNY Beats Q4 Expectations
Wednesday, January 27, 2010 - 11:00amAnalysts at FTN Equity Capital Markets downgrade Whitney Holding Corp (NASDAQ: WTNY) from "buy" to "neutral." According to FTN Equity Capital Markets, Whitney Holding has reported its 4Q09 EPS ahead of the estimates and the consensus, driven primarily by lower-than-expected loan loss provisions....
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Core Earnings Power Continues To Improve At WBS
Wednesday, January 27, 2010 - 10:58amAnalysts at FTN Equity Capital Markets maintain their "neutral" rating on Webster Financial (NYSE: WBS), while reducing their estimates for the company. According to FTN Equity Capital Markets, Webster Financial reported a loss of $0.75 per share in 4Q09, as compared to losses of $0.39 in 3Q09...
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