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Morgan Keegan On Intermec's Q2 Results (IN)
Friday, July 30, 2010 - 8:38amMorgan Keegan analyst Tavis McCourt had these comments on Intermec's (NYSE: IN) Q2 results. McCourt said, "With ~$3.60/share in cash, we view EV/EBITDA as a more meaningful valuation metric than P/E. At 13.2/7.7x '10/'11 estimates, IN is trading at a severe premium to 2010 estimates, but in line on...
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RealNetworks Announces Restructuring, Layoffs (RNWK)
Wednesday, June 23, 2010 - 10:57amRealNetworks (NASDAQ: RNWK) has announced a $10 million charge as part of its restructuring costs. $7 million is related to office real estate and $3 million is related to layoffs. The company is eliminating 85 positions, including 25% of the executive team. Management is trying to streamline the...
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Palm (NASDAQ: PALM) Retains Market Perform Rating Despite Cash Concerns
Friday, March 19, 2010 - 8:30amMorgan Keegan maintains a Market Perform Rating for Palm (NASDAQ: PALM) and classifies the stock’s suitability as speculative. Analysts are concerned that Palm’s cash balance may become an issue in the future if sell through does not improve. They explain, “Our GAAP revenues for fiscal 2010E/2011E...
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Ratings for Mobile Handset Providers in 2010 (AAPL, MOT, RIMM, PALM)
Tuesday, January 12, 2010 - 4:45pmResearch in Motion’s (NASDAQ: RIMM) Blackberry Curve 8910 that is up for sale has an additional trackpad and an improved version of the operating system and hence better sales are expected. Research in Motion also expects to benefit from the $60/month unlimited plan on Sprint’s (NYSE: S) CDMA...
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Morgan Keegan Likes Motorola (MOT)
Wednesday, January 6, 2010 - 8:05pm
Tavis McCourt, an analyst at Morgan Keegan, said on CNBC's Fast Money that investors should put Motorola (NYSE: MOT) on their radar. He thinks that the company is going to launch two more phones this week and could launch 10 to 12 in the near future. The one of the two phones will be launched on...
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