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Tumblr: The Trump Card For Yahoo In 2015
Tuesday, December 23, 2014 - 2:57pm | 334Tumbler could be the engine that drives Yahoo! Inc. (NASDAQ: YHOO) out of the slump it has been witnessing in its core business. Victor Anthony of Topeka Capital Markets was on CNBC to discuss the outlook for Yahoo in 2015 and the big opportunity that Tumblr represents. What Makes You...
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Topeka Capital Markets' Frederick Ziegel Says NQ Mobile Will Have To Do A Re-Education Of The Investor
Thursday, December 18, 2014 - 2:07pm | 266Topeka Capital Markets Analyst Frederick Ziegel told Benzinga that only time will help investors regain confidence in NQ Mobile Inc (NYSE: NQ), which was the subject of scrutiny from Muddy Waters and an audit from PricewaterhouseCoopers Zhong Tian LLP. If the business performs, Ziegel explained...
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Topeka Capital Markets Analyst Says NQ Mobile Earnings Will Show A Drastically Different Company
Thursday, December 18, 2014 - 1:43pm | 279When asked about expectations for NQ Mobile Inc (NYSE: NQ) earnings, Topeka Capital Markets Analyst Frederick Ziegel told Benzinga that the release will show a “significantly” different company today than it was the last time the company reported. One reason is that Ziegel thinks...
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Topeka Capital Markets Analyst Says NQ Mobile Revenues Will Probably Be Higher Than Expected, Margins Lower
Thursday, December 18, 2014 - 1:23pm | 231Speaking to Benzinga, Topeka Capital Markets Analyst Frederick Ziegel said that NQ Mobile Inc (NYSE: NQ) has so much information to put out in Thursday's earnings report that he doesn’t know that anybody can possible have any idea about the numbers. “My guess is revenues will be...
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A Good Day For The Payments Industry
Thursday, December 18, 2014 - 8:56am | 518The three big players in the payments industry -- Visa Inc (NYSE: V), Mastercard Inc (NYSE: MA) and American Express Company (NYSE: AXP) -- received positive ratings from research firms on Wednesday. The stocks of these companies all trended upward Wednesday and were higher in Thursday...
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UPDATE: Topeka Capital Markets Downgrades Walt Disney Co Following Stellar Run
Wednesday, December 10, 2014 - 7:44am | 149In a report published Wednesday, Topeka Capital Markets analyst David W. Miller downgraded the rating on Walt Disney Co (NYSE: DIS) from Buy to Hold, but reiterated the $97.00 price target. In the report, Topeka Capital Markets noted, “With a +21.7% uptick for the year, which easily outperforms...
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Analysts Comment On Abercrombie & Fitch Follow CEO Retirement
Tuesday, December 9, 2014 - 12:07pm | 216On Tuesday, Abercrombie & Fitch (NYSE: ANF) announced that Chief Executive Officer Mike Jeffries is retiring effective immediately. Following the announcement, analysts at Topeka Capital Markets and Mizuho commented the company following the management change. Mizuho: “with 3Q...
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UPDATE: Topeka Capital Markets Reiterates On Aeropostale As Plan Back To Profit Takes Shapes
Friday, December 5, 2014 - 9:25am | 135In a report published Friday, Topeka Capital Markets analyst Dorothy S. Lakner reiterated a Hold rating on Aeropostale Inc (NYSE: ARO), but lowered the price target from $4.00 to $2.50. In the report, Topeka Capital Markets noted, “ARO's 3Q was in line, but after a good start to November, sales...
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UPDATE: Topeka Capital Markets Upgrades Cypress Semiconductor On Merger Announcement
Tuesday, December 2, 2014 - 8:16am | 138In a report published Tuesday, Topeka Capital Markets analyst Suji De Silva upgraded the rating on Cypress Semiconductor Corporation (NASDAQ: CY) from Hold to Buy, and raised the price target on $10.50 to $13.00. In the report, Topeka Capital Markets noted, “We are upgrading CY from Hold to Buy on...
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UPDATE: Topeka Capital Markets Reiterates On Spansion On High Margin Accretion Potential In Acquisition
Tuesday, December 2, 2014 - 8:08am | 118In a report published Tuesday, Topeka Capital Markets analyst Suji De Silva reiterated a Buy rating on Spansion (NYSE: CODE), and raised the price target from $22.00 to $32.00. In the report, Topeka Capital Markets noted, “Reflecting the planned merger of CODE with Cypress (CY-$10.43:Buy), we are...
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Numerous Analysts Adjust Targets On Facebook Following Earnings
Wednesday, October 29, 2014 - 10:03am | 188Facebook Inc (NASDAQ: FB) announced positive financial results on Tuesday, with an EPS of $0.43 on revenues of $3.2 billion, beating estimates by 7.5 and 2.89 percent, respectively. On the other hand, shares of Facebook are down sharply on Wednesday as the company offered weak guidance due to...
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Topeka Lowers Price Target On Facebook
Wednesday, October 29, 2014 - 8:39am | 111Topeka Capital Markets on Wednesday issued a note lowering the price target of Facebook Inc (NASDAQ: FB) from $100 to $96 and maintained a Buy rating. The team at Topeka noted Facebook uttered two of the most infamous words in the internet stock space: "investment year." This phrase...
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UPDATE: Topeka Capital Markets Initiates Coverage On ValueVision Media On Great Growth Potential
Wednesday, October 29, 2014 - 8:09am | 147In a report published Wednesday, Topeka Capital Markets analyst Victor Anthony initiated coverage on ValueVision Media Inc (NASDAQ: VVTV) with a Buy rating and $7.00 price target. In the report, Topeka Capital Markets noted, “We are initiating coverage of ValueVision Media, the number three video...
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Time Warner Inc Falls Despite Upgrade From Topeka Capital Markets
Thursday, October 2, 2014 - 1:34pm | 131Time Warner Inc (NYSE: TWX) was upgraded from Sell to Hold by Topeka Capital Markets on Thursday. The $69 price target was unchanged. Analyst David W. Miller was pleased with its performance as a Sell-rated stock and noted that it now “hovers a mere 6.4% away from our original price...
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UPDATE: Topeka Capital Upgrades Worthington Industries, Inc.
Tuesday, September 30, 2014 - 1:23pm | 124Topeka Capital upgrades Worthington Industries, Inc. (NYSE: WOR) from Hold to Buy with a $44 price target. Analyst Daniel Whalen indicated that the stock’s recent pullback is overdone and that Topeka’s price target offers a nearly 20 percent upside. The company specializes in...