Trading Ideas http://www.benzinga.com/views/taxonomy/term/22 en Just As It Sort Of Perked up, A Dividend ETF Lost More Money http://www.benzinga.com/trading-ideas/long-ideas/15/08/5725602/just-as-it-sort-of-perked-up-a-dividend-etf-lost-more-money <p> Exchange traded funds flows data, both the arriving and departing varieties, is not always an accurate harbinger of an ETF&#39;s future returns.</p> <p> During July, that was the case for the <strong>iShares Select Dividend ETF </strong>(NYSE: <a class="ticker" href="http://www.benzinga.com/stock/dvy#NYSE">DVY</a>). This is the abridged version of DVY&#39;s tale of woe through the first half of 2015: Thanks to its 32.3 percent utilities weight, DVY is off nearly 4 percent year-to-date after losing $910 million in assets in the first six months of the year.</p> <p> DVY, one of the largest U.S. dividend ETFs, also features an 11.3 percent weight to consumer staples stocks, another rate-sensitive group. That is to say with Treasury yields rising and investors fretting that the Federal Reserve is close to raising interest rates, it makes sense that ...</p><p><a href=http://www.benzinga.com/trading-ideas/long-ideas/15/08/5725602/just-as-it-sort-of-perked-up-a-dividend-etf-lost-more-money alt=Just As It Sort Of Perked up, A Dividend ETF Lost More Money>Full story available on Benzinga.com</a></p> DVY Long Ideas XLP XLU Broad U.S. Equity ETFs Dividends Specialty ETFs Markets Trading Ideas ETFs DVY US4642871689 XLP US81369Y3080 XLU US81369Y8865 Long Ideas Broad U.S. Equity ETFs Dividends Specialty ETFs Markets Trading Ideas ETFs Benzinga Sat, 01 Aug 2015 14:05:13 +0000 ETF Professor 5725602 at http://www.benzinga.com Is Expedia Still A Buy? Wall Street Analysts Weigh In http://www.benzinga.com/analyst-ratings/analyst-color/15/08/5725028/is-expedia-still-a-buy-wall-street-analysts-weigh-in <p> Shares of <strong>Expedia Inc</strong> (NASDAQ: <a class="ticker" href="http://www.benzinga.com/stock/expe#NASDAQ">EXPE</a>) were up about 10 percent on Friday after the company announced its second-quarter financial results. Earnings came in at $0.89 per share, ahead of the Street&rsquo;s <a href="https://www.estimize.com/expe/fq2-2015#chart=historical">consensus</a> of $0.85 per share, on revenue of $1.654 billion, versus expectations for $1.661 billion.</p> <p> Following the report, a few Wall Street research firms weighed in on the company.</p> <h3> <strong>Piper Jaffray</strong></h3> <p> On Friday, analysts Michael J. Olson and Samuel J. Kemp reiterated a Neutral rating, raising their price target from $102.00 to $105.00, as strong results confirm continued vigor in underlying travel markets. They highlight two figures from the results: bookings of $15.1 billion and adjusted EBITDA of $281 million &ndash; both above consensus estimates of $14.55 billion and $270 million; Note that these results exclude eLong.</p> <p> Other important numbers include: steady room night growth of approximately 27.5 percent year-over-year, and fiscal 2015 guidance for EBITDA growth in the 10 to 15 percent range.</p> <p> The analysts conclude that, &ldquo;Expedia has a clear near-term runway based on solid worldwide travel fundamentals and acquisitions (Travelocity &amp; Orbitz) driving revenue growth and cost ...</p><p><a href=http://www.benzinga.com/analyst-ratings/analyst-color/15/08/5725028/is-expedia-still-a-buy-wall-street-analysts-weigh-in alt=Is Expedia Still A Buy? Wall Street Analysts Weigh In>Full story available on Benzinga.com</a></p> Analyst Color Andrew Marok Cantor Fitzgerald Cowen Cowen & Co. Deutsche Bank EXPE Kevin Kopelman Long Ideas Michael J. Olson Piper Jaffray Samuel J. Kemp Price Target Reiteration Analyst Ratings Trading Ideas EXPE US30212P1057 Long Ideas Analyst Color Price Target Reiteration Analyst Ratings Trading Ideas Benzinga Sat, 01 Aug 2015 13:50:14 +0000 Javier Hasse 5725028 at http://www.benzinga.com What's Coming For Cisco? The Street Weighs In http://www.benzinga.com/analyst-ratings/analyst-color/15/08/5725595/whats-coming-for-cisco-the-street-weighs-in <p> <strong>Cisco Systems, Inc. </strong>(NASDAQ: <a class="ticker" href="http://www.benzinga.com/stock/csco#NASDAQ">CSCO</a>) is scheduled to announce its fourth-quarter and full year financial results on August 12, after the market closes. According to <a href="https://www.estimize.com/csco#chart=table">Estimize</a>, the Street is modeling consensus earnings of $0.56 per share on revenue of $12.663 billion, marginally up from the EPS of $0.57 on sales of $12.357 billion reported in the fourth quarter of 2014, and from the EPS of $0.54 on revenue of $12.137 billion registered last quarter.</p> <p> The crowd is slightly more bullish and projects consensus earnings of $0.57 per share on revenue of $12.642 billion.</p> <h3> <strong>Oppenheimer&rsquo;s Thoughts</strong></h3> <p> In a report issued Friday, Oppenheimer analysts Ittai Kidron, Michael Leonard and George Iwanyc reiterated ...</p><p><a href=http://www.benzinga.com/analyst-ratings/analyst-color/15/08/5725595/whats-coming-for-cisco-the-street-weighs-in alt=What&#039;s Coming For Cisco? The Street Weighs In>Full story available on Benzinga.com</a></p> Analyst Color CSCO George Iwanyc Ittai Kidron Michael Leonard Oppenheimer Previews Crowdsourcing Analyst Ratings Trading Ideas General CSCO US17275R1023 Analyst Color Previews Crowdsourcing Analyst Ratings Trading Ideas General Benzinga Sat, 01 Aug 2015 13:30:56 +0000 Zoheb Sait 5725595 at http://www.benzinga.com Marc Lasry Thinks Oil Company Senior Debt Is A Solid Bet http://www.benzinga.com/analyst-ratings/analyst-color/15/07/5725495/marc-lasry-thinks-oil-companies-senior-debt-is-a-solid-b <p>With the recent declines in crude oil pushing below $50 and wiping all the gains it made during the second quarter, investors and traders are confused over the potential future moves of oil prices by year end.</p> <p>However, according to one of the best distressed debt investors, investors do not need to take a bullish or bearish call on oil, but rather, value can be found through investing in oil company debt.</p> <p>Famed debt investor Marc Lasry, chairman, CEO and co-founder of Avenue Capital Group and ...</p><p><a href=http://www.benzinga.com/analyst-ratings/analyst-color/15/07/5725495/marc-lasry-thinks-oil-companies-senior-debt-is-a-solid-b alt=Marc Lasry Thinks Oil Company Senior Debt Is A Solid Bet>Full story available on Benzinga.com</a></p> Analyst Color avenue capital group crude Milwaukee Bucks NBA Oil Previews Media Trading Ideas Analyst Color Previews Media Trading Ideas Benzinga Fri, 31 Jul 2015 20:46:00 +0000 Ritesh Anan 5725495 at http://www.benzinga.com Keep An Eye On Mario Gabelli's Latest Small-Cap Moves http://www.benzinga.com/trading-ideas/long-ideas/15/07/5722188/keep-an-eye-on-mario-gabellis-latest-small-cap-moves <p> Mario Gabelli&rsquo;s GAMCO Investors is one of the largest hedge funds in the world. With an equity portfolio worth more than $19 billion, the firm has managed to beat the S&amp;P 500 for almost three decades now.</p> <p> This week, the fund disclosed three moves in small-cap companies that could provide investors with attractive ideas.</p> <p> First off, the fund declared having added 2,205,823 shares of Common Stock to its activist position in <strong>Mueller Industries, Inc. </strong>(NYSE: <a class="ticker" href="http://www.benzinga.com/stock/mli#NYSE">MLI</a>). The ...</p><p><a href=http://www.benzinga.com/trading-ideas/long-ideas/15/07/5722188/keep-an-eye-on-mario-gabellis-latest-small-cap-moves alt=Keep An Eye On Mario Gabelli&#039;s Latest Small-Cap Moves>Full story available on Benzinga.com</a></p> ASTE BCO Gamco Investors Gates Capital Management Jeffrey Smith Long Ideas Mario Gabelli Mason Hawkins MLI Southeastern Asset Management Starboard Value LP Vanguard Group Hedge Funds Trading Ideas General ASTE US0462241011 BCO US1096961040 MLI US6247561029 Long Ideas Hedge Funds Trading Ideas General Benzinga Fri, 31 Jul 2015 19:11:06 +0000 Javier Hasse 5722188 at http://www.benzinga.com Greece Remains The Only Game In Town...And The Game Is Ugly http://www.benzinga.com/trading-ideas/long-ideas/15/07/5725308/greece-remains-the-only-game-in-town-and-the-game-is-ugly <p> For over a month, the <strong>Global X FTSE Greece 20 ETF</strong> (NYSE: <a class="ticker" href="http://www.benzinga.com/stock/grek#NYSE">GREK</a>) has been the most readily available pricing mechanism for Greek stocks. A burden at best, a dubious honor at worst.</p> <p> The Athens Stock Exchange has been closed since June 29. There was some chatter that the market there would re-open this week, but earlier in the week <a href="http://www.reuters.com/article/2015/07/29/us-eurozone-greece-stockmarket-idUSKCN0Q320V20150729">Reuters reported</a>, &ldquo;Greece&#39;s stock market will probably stay closed for the rest of this week due to technical glitches at local banks, prolonging a five-week shutdown caused by capital controls, an exchange spokeswoman said on Wednesday.&rdquo;</p> <p> Related Link: <a href="http://www.benzinga.com/news/15/07/5696517/whats-going-to-happen-to-greek-shippers">What&#39;s Going To Happen To Greek Shippers?</a></p> <p> The burden of being the primary pricing mechanism for Greek stocks is catching up with GREK. ...</p><p><a href=http://www.benzinga.com/trading-ideas/long-ideas/15/07/5725308/greece-remains-the-only-game-in-town-and-the-game-is-ugly alt=Greece Remains The Only Game In Town...And The Game Is Ugly>Full story available on Benzinga.com</a></p> GREK Long Ideas Short Ideas Eurozone Emerging Market ETFs Intraday Update Markets Trading Ideas ETFs GREK Long Ideas Short Ideas Eurozone Emerging Market ETFs Intraday Update Markets Trading Ideas ETFs Benzinga Fri, 31 Jul 2015 19:06:07 +0000 ETF Professor 5725308 at http://www.benzinga.com Kite Pharma Takes Flight And Retreats http://www.benzinga.com/trading-ideas/technicals/15/07/5725034/kite-pharma-takes-flight-and-retreats <p> <em>Joel Elconin is the co-host of <a href="https://soundcloud.com/bztv">Benzinga&#39;s #PreMarket Prep</a>, a daily trading idea radio show.</em></p> <p> <b>Kite Pharma Inc</b> (NASDAQ: <a class="ticker" href="http://www.benzinga.com/stock/kite#NASDAQ">KITE</a>) shares were trading higher by $1.50 at $72.80 in Friday&#39;s session. With no specific news out on the issue, let&#39;s take a technicals for a possible explanation for the rally.</p> <p> After a flat open, it ...</p><p><a href=http://www.benzinga.com/trading-ideas/technicals/15/07/5725034/kite-pharma-takes-flight-and-retreats alt=Kite Pharma Takes Flight And Retreats>Full story available on Benzinga.com</a></p> KITE Premarket outlook Technicals Intraday Update Movers Trading Ideas KITE Technicals Intraday Update Movers Trading Ideas Benzinga Fri, 31 Jul 2015 18:52:54 +0000 Joel Elconin 5725034 at http://www.benzinga.com A Bunch Of Economic Data Points Are Coming Out Next Week http://www.benzinga.com/general/education/15/07/5725216/a-bunch-of-economic-data-points-are-coming-out-next-week-check-out-o <p>The week starting on August 3 will bring a bunch of interesting news. Not only will the market see companies like <strong>Walt Disney Co</strong> (NYSE: <a class="ticker" href="http://www.benzinga.com/stock/dis#NYSE">DIS</a>), <strong>Priceline Group Inc</strong> (NASDAQ: <a class="ticker" href="http://www.benzinga.com/stock/pcln#NASDAQ">PCLN</a>), <strong>Tesla Motors Inc </strong>(NASDAQ: <a class="ticker" href="http://www.benzinga.com/stock/tsla#NASDAQ">TSLA</a>), <strong>Michael Kors Holdings Ltd</strong> (NYSE: <a class="ticker" href="http://www.benzinga.com/stock/kors#NYSE">KORS</a>) and <strong>Groupon Inc </strong>(NASDAQ: <a class="ticker" href="http://www.benzinga.com/stock/grpn#NASDAQ">GRPN</a>) report their quarterly financial results, but also, a nice collection of U.S. ...</p><p><a href=http://www.benzinga.com/general/education/15/07/5725216/a-bunch-of-economic-data-points-are-coming-out-next-week-check-out-o alt=A Bunch Of Economic Data Points Are Coming Out Next Week>Full story available on Benzinga.com</a></p> ADP Jobs Report ADP National Employment Report Bureau of Labor Statistics DIS Education GRPN JPMorgan KORS PCE PCLN TSLA Previews Econ #s Trading Ideas General PCLN US7415034039 DIS US2546871060 TSLA US88160R1014 GRPN KORS Education Previews Econ #s Trading Ideas General Benzinga Fri, 31 Jul 2015 18:52:19 +0000 Javier Hasse 5725216 at http://www.benzinga.com I Like Coffee, I Like Tea, I Like What This Staples ETF Does For Me http://www.benzinga.com/trading-ideas/long-ideas/15/07/5724597/i-like-coffee-i-like-tea-i-like-what-this-staples-etf-does-fo <p>Perhaps it is not the best sign for the current level of risk appetite toward stocks, but consumer staples stocks and exchange-traded funds have been leaders since the start of the third quarter.</p> <h3>Sector SPDRs</h3> <p> The <strong>Consumer Staples Select Sect. SPDR (ETF)</strong> (NYSE: <a class="ticker" href="http://www.benzinga.com/stock/xlp#NYSE">XLP</a>) and the <strong>Utilities SPDR (ETF)</strong> (NYSE: <a class="ticker" href="http://www.benzinga.com/stock/xlu#NYSE">XLU</a>) are fighting for <a href="http://www.benzinga.com/trading-ideas/long-ideas/15/07/5720550/telling-signs-about-risk-appetite-from-sector-etfs">top honors</a> among the nine sector SPDRs this quarter. On Thursday, just nine ETFs hit all-time highs and a third were consumer staples funds. To this point in Friday&#39;s session, six ETFs have joined the all-time high club and two are staples funds.</p> <p><bzrelatedlink>Related Link: <a href="http://www.benzinga.com/trading-ideas/long-ideas/15/07/5712851/a-tobacco-reunion-would-be-huge-for-consumer-staples-etfs">A Tobacco Reunion Would Be Huge For Consumer Staples ETFs</a></bzrelatedlink></p> <h3>PBJ In Focus</h3> <p> The <strong>PowerShares Dynamic Food &amp; Beverage(ETF)</strong> (NYSE: <a class="ticker" href="http://www.benzinga.com/stock/pbj#NYSE">PBJ</a>) was one of the staples ETFs to hit a new high yesterday and is just pennies away from doing ...</p><p><a href=http://www.benzinga.com/trading-ideas/long-ideas/15/07/5724597/i-like-coffee-i-like-tea-i-like-what-this-staples-etf-does-fo alt=I Like Coffee, I Like Tea, I Like What This Staples ETF Does For Me>Full story available on Benzinga.com</a></p> GIS KHC KO Long Ideas MDLZ MNST MO News PBJ PEP PM SBUX Sector ETFs VDC XLP XLU Top Stories Intraday Update Markets Trading Ideas ETFs PBJ US73935X8496 VDC US92204A2078 XLP US81369Y3080 XLU US81369Y8865 SBUX US8552441094 GIS US3703341046 KO US1912161007 MO US02209S1033 PEP US7134481081 PM US7181721090 MNST MDLZ KHC Long Ideas Sector ETFs News Top Stories Intraday Update Markets Trading Ideas ETFs Benzinga Fri, 31 Jul 2015 17:33:22 +0000 ETF Professor 5724597 at http://www.benzinga.com Mid-Day Market Update: Friday's Top 10 Volume Stocks http://www.benzinga.com/news/15/07/5724980/mid-day-market-update-fridays-top-10-volume-stocks <p> The Dow Jones Industrial Index remained stagnant, while the S&amp;P 500 Index increased 0.14 percent, the NASDAQ Composite was lifted 0.37 percent and the U.S. Dollar Index declined 0.26 percent in Friday&rsquo;s midday session.</p> <p> The following were Friday&rsquo;s top ten volume stocks:</p> <h3>1. Bank Of America</h3> <p><strong>Bank of America Corp</strong> (NYSE: <a class="ticker" href="http://www.benzinga.com/stock/bac#NYSE">BAC</a>) had volumes of ~29.07 million versus an average of ~83.67 million.</p> <h3>2. Facebook</h3> <p><strong>Facebook Inc</strong> (NASDAQ: <a class="ticker" href="http://www.benzinga.com/stock/fb#NASDAQ">FB</a>) had volumes of ~24.48 million versus an ...</p><p><a href=http://www.benzinga.com/news/15/07/5724980/mid-day-market-update-fridays-top-10-volume-stocks alt=Mid-Day Market Update: Friday&#039;s Top 10 Volume Stocks>Full story available on Benzinga.com</a></p> AAPL ABX BAC F FB MU News PFE SUNE VALE XOM Intraday Update Trading Ideas AAPL US0378331005 ABX CA0679011084 BAC US0605051046 F US3453708600 MU US5951121038 PFE US7170811035 VALE US91912E1055 XOM US30231G1022 FB SUNE News Intraday Update Trading Ideas Benzinga Fri, 31 Jul 2015 17:16:00 +0000 Jon Kashat 5724980 at http://www.benzinga.com Data Center REIT Digital Realty Explains How Telx M&A Will Add Value http://www.benzinga.com/news/earnings/15/07/5722843/data-center-reit-digital-realty-explains-how-telx-will-add-value <p>On Thursday after the close of trading, global data center REIT <strong>Digital Realty Trust, Inc.</strong> (NYSE: <a class="ticker" href="http://www.benzinga.com/stock/dlr#NYSE">DLR</a>) hosted a conference call to discuss Q2 earnings and update guidance in the light of the previously announced <a href="https://www.google.com/finance?q=THE+TELX+GROUP+INC&amp;ei=hKS7Vai_LIewmAGGiYyoCw">Telx Group</a> acquisition.</p> <p>Over 90 percent of Digital Realty&#039;s current revenue comes from legacy Turnkey Flex and Powered Base Building wholesale segments, where customers lease a powered shell or custom data center.</p> <h3>Telx: A Top Digital Customer</h3> <p> <img src="http://cdn4.benzinga.com/files/u80916/dlr_-_2q15_top_tenants.jpg" width="440" height="398" alt="dlr_-_2q15_top_tenants.jpg" /><br /> Source: DLR SEC filing - 2Q15</p> <p>Digital Realty is by far the largest data center landlord based upon square footage and power. Digital Realty&#039;s top 20 tenant list is full of some of the biggest names in cloud hosting, telecom, e-commerce, finance and social media.</p> <h3>Digital Realty&#039;s Q2 Earnings Highlights</h3> <p>Digital Realty reported another good quarter focused on "The Way Forward" initiatives and increased FY 2015 guidance.</p> <p><img src="http://cdn2.benzinga.com/files/u80916/dlr_-_2q15_earnings_highlights.jpg" width="500" height="320" alt="dlr_-_2q15_earnings_highlights.jpg" /><br /> Source: DLR Q2 earnings release</p> <p>However, the main thrust of the Digital Realty slide-deck presentation and the conference call focus was on the value-add from the strategic $1.9 billion Telx colocation/interconnection acquisition.</p> <h3>Tale Of The Tape: Why Colocation Matters</h3> <p>After Telx, global interconnection leader and $16 billion cap <strong>Equinix Inc</strong> (NASDAQ: <a class="ticker" href="http://www.benzinga.com/stock/eqix#NASDAQ">EQIX</a>) is Digital&#039;s next largest tenant. Equinix leases space at 11 of Digital&#039;s industry leading 130 data center locations as part of its industry leading colocation network, supporting over 6,300 customers.</p> <p><img src="http://cdn1.benzinga.com/files/u80916/dlr_-_ychart_2q15_vs_peers.jpg" width="500" height="436" alt="dlr_-_ychart_2q15_vs_peers.jpg" /></p> <p>Smaller <strong>CoreSite Realty Corp</strong> (NYSE: <a class="ticker" href="http://www.benzinga.com/stock/cor#NYSE">COR</a>) and <strong>QTS Realty Trust Inc</strong> (NYSE: <a class="ticker" href="http://www.benzinga.com/stock/qts#NYSE">QTS</a>) also have built up ...</p><p><a href=http://www.benzinga.com/news/earnings/15/07/5722843/data-center-reit-digital-realty-explains-how-telx-will-add-value alt=Data Center REIT Digital Realty Explains How Telx M&amp;A Will Add Value>Full story available on Benzinga.com</a></p> Bill Stein COR DLR EQIX Long Ideas Matt Miszewski QTS REIT Scott Peterson Telx Group Turnkey Flex M&A Top Stories Tech Trading Ideas Real Estate COR US21870Q1058 EQIX US29444U5020 DLR US2538681030 QTS Long Ideas REIT M&A Top Stories Tech Trading Ideas Real Estate Benzinga Fri, 31 Jul 2015 17:00:13 +0000 Bill Stoller 5722843 at http://www.benzinga.com Think Buybacks Boost Share Prices? Think Again http://www.benzinga.com/general/education/15/07/5722045/think-buybacks-boost-share-prices-think-again <p> <strong>Baidu Inc </strong>(NYSE: <a class="ticker" href="http://www.benzinga.com/stock/bidu#NYSE">BIDU</a>) made headlines on Thursday by announcing a new $1 billion share <a href="http://www.benzinga.com/news/15/07/5719828/what-does-baidus-1-billion-buyback-mean-for-shareholders">buyback program</a>. The stock surged more that 3 percent following the announcement, as shareholders viewed the move as a sign of confidence on behalf of management.</p> <h3> <strong>Buyback Frenzy</strong></h3> <p> Baidu is not the only company that has demonstrated a willingness to repurchase shares of stock lately, particularly in the current historically-low interest rate environment.</p> <p> According to a <a href="http://www.benzinga.com/analyst-ratings/analyst-color/15/07/5719781/bill-gross-low-rates-not-the-cure-part-of-the-problem">recent report</a> by <strong>Janus Capital</strong>, companies are on pace to spend $1.02 trillion on buybacks in 2015, 18 percent more than they spent in any year prior to the Financial Crisis.</p> <h3> <strong>Why Buybacks?</strong></h3> <p> Buybacks are typically seen as good news for shareholders. In addition to demonstrating management confidence, shares that are bought in the public market provide bid support for a stock. A reduction of the number of shares in the market shifts the supply/demand balance more toward the demand side, which should theoretically drive share prices higher.</p> <h3> <strong>Theory Vs Reality</strong></h3> <p> Do these theoretically advantages of large share buybacks actually make a significant difference on share price in the long-term?</p> <p> According ...</p><p><a href=http://www.benzinga.com/general/education/15/07/5722045/think-buybacks-boost-share-prices-think-again alt=Think Buybacks Boost Share Prices? Think Again>Full story available on Benzinga.com</a></p> BBBY BIDU buybacks CAM CBS CF CTXS Education HES HOT ITW JNPR LYB MOS MSI Share Buybacks URBN VRSN WY Short Ideas Buybacks Top Stories Trading Ideas General BBBY US0758961009 BIDU US0567521085 CTXS US1773761002 JNPR US48203R1041 URBN US9170471026 VRSN US92343E1029 CAM US13342B1052 CBS US1248572026 CF US1252691001 HES US42809H1077 HOT US85590A4013 ITW US4523081093 MOS US61945C1036 WY US9621661043 LYB NL0009434992 MSI US6200763075 Education Short Ideas Buybacks Top Stories Trading Ideas General Benzinga Fri, 31 Jul 2015 16:53:55 +0000 Wayne Duggan 5722045 at http://www.benzinga.com Berger Goes Short Apple http://www.benzinga.com/trading-ideas/short-ideas/15/07/5724844/berger-goes-short-apple <p> <em>The following is a note from The Steady Trader&#39;s Serge Berger.</em></p> <p> I just sold short (shorted) <strong>Apple Inc.</strong> (NASDAQ: <a class="ticker" href="http://www.benzinga.com/stock/aapl#NASDAQ">AAPL</a>) at $121.55.</p> <p> Stop: $126</p> <p> Target: $110</p> <p> My base case remains that the broader market corrects in coming weeks/months. Given Apple&#39;s large market capitalization it is nearly impossible for this stock to hold up if the broader ...</p><p><a href=http://www.benzinga.com/trading-ideas/short-ideas/15/07/5724844/berger-goes-short-apple alt=Berger Goes Short Apple>Full story available on Benzinga.com</a></p> AAPL Short Ideas Trading Ideas AAPL US0378331005 Short Ideas Trading Ideas Benzinga Fri, 31 Jul 2015 16:31:58 +0000 Serge Berger 5724844 at http://www.benzinga.com The Wall Street Research Making Waves Today http://www.benzinga.com/analyst-ratings/analyst-color/15/07/5724709/the-wall-street-research-making-waves-today <p><em>The following represents a hand-picked selection of notable research curated by an analyst known in some circles as "The Sith Overlord Of The Street."</em></p> <h3> <b>JPMorgan: Downgrading Linn Energy</b></h3> <p> Gabriel Daoud of JPMorgan <a href="http://www.benzinga.com/analyst-ratings/analyst-color/15/07/5724169/j-p-morgan-time-to-sell-linn-energy-assets">downgraded shares </a>of both <b>Linn Energy LLC</b> (NASDAQ: <a class="ticker" href="http://www.benzinga.com/stock/line#NASDAQ">LINE</a>) and <b>LinnCo LLC</b> (NASDAQ: <a class="ticker" href="http://www.benzinga.com/stock/lnco#NASDAQ">LNCO</a>) to Underweight from Neutral with a $5 price target.</p> <p> According to Daoud, investors are focusing on the upcoming suspension of the $450 million common distribution (that will be used to improve the balance sheet), rather than its &quot;solid&quot; second quarter in which production topped Street expectations while also &quot;handily&quot; trumping the midpoint of guidance by 60mmcfe/d.</p> <h3> <b>Brean: Q2 In Focus</b></h3> <p> Tom Forte of Brean Capital <a href="http://www.benzinga.com/analyst-ratings/analyst-color/15/07/5723996/forte-on-groupon-turn-the-volume-up-to-11">previewed </a><b>Groupon Inc</b> (NASDAQ: <a class="ticker" href="http://www.benzinga.com/stock/grpn#NASDAQ">GRPN</a>)&#39;s second-quarter results which are scheduled for next Friday.</p> <p> Forte is expecting Groupon to report sales of $734.1 million, representing a 2.3 percent decline from last year. The sales estimate is slightly lower than the consensus estimate of $740.3 million but falls in the top-half of management&#39;s $700 million to $750 million guidance. EBITDA is estimated to come in at $59.9 million, also below the consensus estimate of $66.7 million while management guided for a $55 million to $75 million range.</p> <p> Shares remain Buy rated with an unchanged $11 price target.</p> <p> Related Link: <a href="http://www.benzinga.com/news/earnings/15/07/5722881/its-going-to-be-a-huge-day-for-energy-etfs">It&#39;s Going To Be A Huge Day For Energy ETFs</a></p> <h3> <b>Bernstein: ACE and Chubb Deal In Focus</b></h3> <p> Josh Stirling of Bernstein <a href="http://www.benzinga.com/analyst-ratings/analyst-color/15/07/5724116/why-earnings-synergies-with-chubb-could-boost-ace-by-50">upgraded shares </a>of <b>Ace Limited</b> (NYSE: <a class="ticker" href="http://www.benzinga.com/stock/ace#NYSE">ACE</a>) to Outperform from Market Perform with a price target raised to $140 from a previous $108. At the same time, the analyst also upgraded shares of <b>Chubb Corp</b> (NYSE: <a class="ticker" href="http://www.benzinga.com/stock/cb#NYSE">CB</a>) to Outperform from Market Perform with a price target raised to $147 from a previous $127.</p> <p> The analyst noted that both companies are &quot;leaders&quot; in their respective markets and when combined, it will offer investors a &quot;high quality franchise&quot; with leverage to growth both in the U.S. and International.</p> <h3> <b>Canaccord: Initiating Lending Club, OnDeck At Buy</b></h3> <p> Michael Graham of Canaccord Genuity ...</p><p><a href=http://www.benzinga.com/analyst-ratings/analyst-color/15/07/5724709/the-wall-street-research-making-waves-today alt=The Wall Street Research Making Waves Today>Full story available on Benzinga.com</a></p> ACE Analyst Color ATEN Bernstein Brean Capital Canaccord Genuity CB Cowen Fadel Gheit Gabriel Daoud GPRO GRPN Jason Gerberry JAZZ Josh Stirling JPMorgan Kevin DeGeeter Landburg LC Leerink LINE LNCO Michael Graham MUR NVAX ONDK Oppenheimer Thomas Champion Tom Forte TWC Z Upgrades Downgrades Price Target Top Stories Analyst Ratings Trading Ideas JAZZ US4721471070 LINE US5360201009 NVAX US6700021040 ACE CH0044328745 CB US1712321017 MUR US6267171022 TWC US88732J2078 GRPN Z LNCO LC ATEN GPRO US36866T1034 ONDK Analyst Color Upgrades Downgrades Price Target Top Stories Analyst Ratings Trading Ideas Benzinga Fri, 31 Jul 2015 16:22:48 +0000 Jayson Derrick 5724709 at http://www.benzinga.com Pair Of Downgrades Slams Ocwen Financial After Q2 Report http://www.benzinga.com/trading-ideas/technicals/15/07/5724718/pair-of-downgrades-slams-ocwen-financial-after-q2-report <p> <em>Joel Elconin is the co-host of <a href="https://soundcloud.com/bztv">Benzinga&#39;s #PreMarket Prep</a>, a daily trading idea radio show.</em></p> <p> <strong>Ocwen Financial Corp</strong> (NYSE: <a class="ticker" href="http://www.benzinga.com/stock/ocn#NYSE">OCN</a>) shares are trading lower by $3.07 (27 percent) at $8.69 in Friday&#39;s session. The company reported a Q2 EPS of $0.08, which may not compare to the Street&#39;s estimates. Sales came inline at ...</p><p><a href=http://www.benzinga.com/trading-ideas/technicals/15/07/5724718/pair-of-downgrades-slams-ocwen-financial-after-q2-report alt=Pair Of Downgrades Slams Ocwen Financial After Q2 Report>Full story available on Benzinga.com</a></p> OCN Technicals Intraday Update Movers Trading Ideas OCN US6757463095 Technicals Intraday Update Movers Trading Ideas Benzinga Fri, 31 Jul 2015 16:10:38 +0000 Joel Elconin 5724718 at http://www.benzinga.com