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Should Research in Motion Sell BlackBerry and Call it Quits?
Wednesday, May 30, 2012 - 12:44pm
The company was on top of the world. Now it's on the cusp of bankruptcy, an asset shakeup, or some other development that will undoubtedly change the face of the BlackBerry maker. It all started with the simple announcement that Research in Motion (NASDAQ: RIMM) had hired a couple of banks to "...
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A Peek Into The Market Before The Trading Starts
Friday, May 25, 2012 - 7:51am
Pre-open movers US stock futures are mixed this morning. Futures for the Dow Jones Industrial Average dropped 3 points to 12,533.00 and S&P 500 index futures rose 0.90 points to 1,323.50. Nasdaq 100 futures gained 5.25 points to 2,541.50. A Peek Into Global Markets European markets were...
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Sunday, July 10, 2011 - 10:17am
Earnings Expectations for the Week of July 11
The new earnings season kicks off this week when Alcoa (NYSE: AA) and Novellus (NASDAQ: NVLS) report second-quarter results on Monday after the closing bell. That is followed by Marriott (NYSE: MAR) and Yum! Brands (NYSE: YUM) on Wednesday, JPMorgan (NYSE: JPM) and Google (NASDAQ: GOOG) on Thursday...
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J.P. Morgan Suggests Selling Calls on Ciena Corporation
Monday, June 20, 2011 - 9:22amJ.P. Morgan is out with a research note this morning, where it suggests that traders look to sell calls against their long stock position in Ciena Corporation (NASDAQ: CIEN). The JPM analysts cited a recent fundamental report, which stated that the company's analyst day arose more questions than...
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JPMorgan Slashes Unum Price Target
Wednesday, August 4, 2010 - 12:13pmJPMorgan reduced the price target for Unum Group (NYSE: UNM) from $27.00 to $26.00 and maintained a Neutral rating. JPMorgan analysts considers Unum Group stock to be among the most defensive stocks in the life group. The firm believes that deployment of excess capital for share repurchases should...
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Overweight Rating for Qualcomm (QCOM)
Thursday, July 22, 2010 - 12:58pmRod Hall, James M Kisner and Rajat Gupta, analysts at JPMorgan, recommend an Overweight rating for Qualcomm (NASDAQ, QCOM), a provider of digital wireless telecommunications products. The stock has been trading at $36.16 and the target price is $40.50. The company beat analysts’ estimates in its...
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Strong Q4 Ahead Of Juniper (JNPR)
Thursday, July 22, 2010 - 10:39amJuniper Networks (NYSE: JNPR) expect their 2010 revenue growth, with $978 million in Q2, to be in line with their 20% long term growth target. Although the midpoint Q3 guidance and details calculated by analysts at J.P. Morgan show minimum Q4 of$1.08, above consensus, they sense potential...
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JPMorgan Upbeat on Veeco
Tuesday, July 20, 2010 - 10:53amAnalysts at JPMorgan released a research note earlier today on Veeco Instruments (NASDAQ: VECO). In their earnings preview, they expected "a strong print and for MOCVD order growth to continue." While noting concern on the supply-demand balance in the LED sector, they remained positive on its...
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JPMorgan Warns Investors on Navistar Fuel Efficiency Tests
Tuesday, July 20, 2010 - 10:38amAnalysts with JPMorgan published a research note yesterday highlighting a problem with Navistar International (NYSE: NAV)'s fuel efficiency tests. NAV recently announced results from independent, third-party testing which suggest that its new 2010 ProStar+ Class 8 tractor with the MaxxForce 13...
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JPMorgan Expects Improvement In Life Insurance Sector (AFL, PRU)
Thursday, July 15, 2010 - 2:53pmJPMorgan analysts feel that life insurance stocks would not trade in individual company fundamentals. Instead, they will continue to move as a sector on a macro trend, outperforming the broader markets over the next year. Though the firm feels that the equity market drop in 2Q10 would pressure...
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