Patriot Bank Minnesota o ...
Patriot Bank Minnesota of Forest Lake, Minnesota, and BankEast of Knoxville, Tennessee, were closed by FDIC regulators today, making them the sixth and seventh U.S. bank failures of 2012. Patriot will be assumed by First Resource Bank of Salvage Minnesota, and BankEast by U.S. Bank National of Cincinnati. The combined hit to the FDIC's deposit-insurance fund: $108.2M.  Post your comment!
www.SeekingAlpha.com...
In an interview with Cra ...
In an interview with CrackBerry, new Research In Motion (RIMM +3.3%) CEO Thorsten Heins backtracks a little from prior remarks suggesting RIM doesn't need major changes, but remains adamantly opposed to either breaking up or selling the company. "We believe in our own strength, we are BlackBerry," says Heins. At this point, investors might "believe" more in Prem Watsa or Amazon. Post your comment!
www.SeekingAlpha.com... James Farrell, the forme ...
James Farrell, the former CEO of Illinois Tool Works (ITW) is stepping down from the board of United Continental (UAL) when his term expires this summer. Mr. Farrell's been a director of United since 2001. Post your comment!
www.SeekingAlpha.com... In spite of its Q4 smart ...
In spite of its Q4 smartphone beat, Nomura's Stuart Jeffrey is staying cautious on Nokia (NOK -5.9%), which more than gave back Thursday's gains today. While believing a collapse in Nokia's Symbian sales is baked into estimates, Jeffrey also thinks the company will have few opportunities in 2012 to prove that the Street's current, subdued forecasts for Nokia's Windows Phone sales are conservative. Post your comment!
www.SeekingAlpha.com... The Obama administration ...
The Obama administration is expanding eligibility for its Home Affordable Modification Program, known as HAMP, to borrowers with higher debt loads and tripling the incentives it pays banks that reduce principal on loans. Some of the changes include expansion of eligibility to borrowers with less than 31% equity, rental property owners and Fannie and Freddie if they allow servicers to forgive principal on HAMP modifications. 2 comments!
www.SeekingAlpha.com... Emcore (EMKR), whose sha ...
Emcore (EMKR), whose shares closed at $1.26 today, announces a 1-for-4 reverse stock split, set to go into effect on Feb. 15. Once this happens, Emcore's consensus EPS forecast for FY12 may stand at -$0.64, up from a current -$0.16. Post your comment!
www.SeekingAlpha.com... Backing up a prior rumor ...
Backing up a prior rumor, Microsoft (MSFT) has built prototype laptops that contain Kinect motion sensors, with the goal of supporting voice and gesture-based control over Windows 8, which is expected to arrive this fall. JDS Uniphase (JDSU), whose optical components are used in the Xbox Kinect, could stand to benefit. Post your comment!
www.SeekingAlpha.com... Wells Fargo (WFC) is "th ...
Wells Fargo (WFC) is "the bank that works," a Forbes cover story says: "Wells does what banks are supposed to do: take deposits and then lend the money back out." Interest margin drives half its revenues; fees from mortgages, investment accounts and credit cards the other half. While other big banks follow European news with trepidation, foreign loans are a mere 5% of WFC's portfolio. 4 comments!
www.SeekingAlpha.com... Comcast (CMCSA) is redee ...
Comcast (CMCSA) is redeeming $562.5M worth of 7% senior notes due in 2055, at a price equal to that of the principal amount. As of Sep. 30, Comcast had nearly $41B in debt on its balance sheet, offset by $11.4B in cash and investments. Post your comment!
www.SeekingAlpha.com... On the hour: S&P -0.19%. ...
On the hour: S&P -0.19%. 10-yr +0.27%. Euro +0.85% vs. dollar. Crude +0.01% to $99.71. Gold +0.68% to $1738.45. Post your comment!
www.SeekingAlpha.com... Clean Energy ([[CLNE]] + ...
Clean Energy (CLNE +4.8%) falls 2.3% AH, to $14.74, after filing to sell 15M shares held by insiders at a maximum offering price of $13.91. Boone Pickens will be selling 1.5M shares, thereby lowering his stake in the natural gas fuel provider to 27.6%. Post your comment!
www.SeekingAlpha.com... Delta Air Lines (DAL) is ...
Delta Air Lines (DAL) is weighing a possible acquisition of US Airways (LCC), WSJ reports, the latest twist in a swirl of deal talk in the industry that has included Delta and US Airways each assessing a move for AMR (AAMRQ.PK). LCC +7% AH. Post your comment!
www.SeekingAlpha.com... |
Datawatch Corp. (DWCH) Ha
Datawatch Corp. (DWCH) reported first quarter net income of $0.09 per share after the bell Thursday, up from $0.04 per share in the previous year.
www.RttNews.com IDEXX Laboratories Inc. (
IDEXX Laboratories Inc. (IDXX) reported fourth quarter net income of $0.67 per share Friday morning, compared to $0.62 per share in the previous year. The consensus estimate was for EPS of $0.63. Full year 2012 EPS is now expected to be between $3.04 and $3.10, compared to prior expectations of $3.00 to $3.10. The consensus estimate is for EPS of $3.07.
www.RttNews.com J.B. Hunt Transport Servi
J.B. Hunt Transport Services (JBHT) reported fourth quarter EPS of $0.61 after the close Thursday, up from $0.46 in the prior year period. The consensus estimate was for EPS of $0.58.
www.RttNews.com CEPHEID (CPHD) Has Gapped
CEPHEID (CPHD) reported fourth quarter non-GAAP net income of $0.14 per share after the close Thursday, up from $0.09 per share in the previous year. Full year 2012 non-GAAP EPS is expected to be between $0.55 and $0.60.
www.RttNews.com Green Mountain Coffee Roa
Green Mountain Coffee Roasters (GMCR) gapped up slightly this morning, but has since traded in a narrow range. The stock has dropped sharply in the last few minutes on increased volume and is now down 1 point at $50.05.
www.RttNews.com Spectrum Pharmaceuticals
Spectrum Pharmaceuticals Inc. (SPPI) traded in a range early Thursday morning, but has declined during the last half hour on increased volume. The stock is now down 0.78 at $14.23.
www.RttNews.com RealNetworks Inc. (RNWK)
RealNetworks Inc. (RNWK) announced Thursday morning that it signed an agreement to sell a significant number of its patents and its next generation video codec software to Intel (INTC) for $120 million.
www.RttNews.com J.C. Penney Co. (JCP) Has
J.C. Penney Co. (JCP) has been rising for the majority of early trade Thursday morning. The stock is now up 2.51 at $36.79, with volume beginning to accelerate.
www.RttNews.com Parametric Technology Cor
Parametric Technology Corp. (PMTC) reported first quarter non-GAAP net income of $0.35 per share after the close Wednesday, up from $0.22 per share in the prior year. The consensus estimate was for EPS of $0.31. Second quarter non-GAAP EPS is expected to be between $0.32 and $0.36, compared to the consensus estimate of $0.33.
www.RttNews.com Time Warner Cable (TWC) H
Time Warner Cable (TWC) reported fourth quarter adjusted EPS of $1.39 Thursday morning, up from $0.99 in the previous year. The consensus estimate was for EPS of $1.20.
www.RttNews.com Netflix Inc. (NFLX) Has J
Netflix Inc. (NFLX) reported fourth quarter net income of $0.73 per share after the bell Wednesday, down from $0.87 per share last year. The consensus estimate was for EPS of $0.55. The company expects to report a first quarter loss of $0.49 to $0.16 per share, compared to the consensus estimate of a loss of $0.30.
www.RttNews.com Fusion-io Inc. (FIO) Is A
Fusion-io Inc. (FIO) reported second quarter adjusted EPS of $0.05 after the close Tuesday, compared to the loss of $0.08 in the prior year period. Revenue increased to $84.13 million from $31.22 million last year.
www.RttNews.com Rambus Inc. (RMBS) Has Br
Rambus Inc. (RMBS) has been moving in a narrow range since the open Wednesday, but has broken out higher in the last few minutes on increased volume. Shares are now up 0.24 at $9.22.
www.RttNews.com Gen-Probe Inc. (GPRO) Has
Gen-Probe Inc. (GPRO) gapped up Wednesday and climbed in early trade, before settling into a range. The stock has taken out the highs of the morning in the last few minutes on increased volume and is now up 2.50 at $65.87.
www.RttNews.com St. Jude Medical (STJ) Is
St. Jude Medical (STJ) reported fourth quarter adjusted EPS of $0.86 Wednesday morning, which came in above the consensus estimate of $0.84. The company expects to report first quarter adjusted EPS of $0.82 to $0.84 and between $3.43 and $3.48 for the full year 2012. The consensus estimates are for EPS of $0.85 and $3.52.
www.RttNews.com Guidewire Software Inc. (
Guidewire Software Inc. (GWRE) has just begun trading for the first time Wednesday morning. The company priced its initial public offering of 8.85 million shares at $13.00 per share.
www.RttNews.com Bemis Company (BMS) Is Sp
Bemis Company (BMS) reported fourth quarter adjusted EPS of $0.45 Wednesday morning, compared to $0.49 in the prior year. The consensus estimate was for EPS of $0.40. Full year 2012 adjusted EPS is expected to be between $2.05 and $2.20, compared to the consensus estimate of $2.16.
www.RttNews.com
|
ITT Industries initi
NEW YORK, September 8 (newratings.com) - Analysts at RBC Capital Markets initiate coverage of ITT Industries (ITT) with a "sector perform" rating. The target price is set to $47.
www.newratings.com ...
Goodrich initiated w
NEW YORK, September 8 (newratings.com) - Analysts at RBC Capital Markets initiate coverage of Goodrich (GR) with an "outperform" rating. The target price is set to $85.
www.newratings.com ... Embraer SA initiated
NEW YORK, September 8 (newratings.com) - Analysts at RBC Capital Markets initiate coverage of Embraer SA (ERJ) with a "sector perform" rating. The target price is set to $29.
www.newratings.com ... BE Aerospace initiat
NEW YORK, September 8 (newratings.com) - Analysts at RBC Capital Markets initiate coverage of BE Aerospace (BEAV) with a "top pick" rating. The target price is set to $36.
www.newratings.com ... United Tech initiate
NEW YORK, September 8 (newratings.com) - Analysts at RBC Capital Markets initiate coverage of United Tech (UTX) with an "outperform" rating. The target price is set to $86.
www.newratings.com ... Raytheon initiated w
NEW YORK, September 8 (newratings.com) - Analysts at RBC Capital Markets initiate coverage of Raytheon (RTN) with a "sector perform" rating. The target price is set to $50.
www.newratings.com ... Precision Castparts
NEW YORK, September 8 (newratings.com) - Analysts at RBC Capital Markets initiate coverage of Precision Castparts (PCP) with a "top pick" rating. The target price is set to $149.
www.newratings.com ... Northrop Grumman ini
NEW YORK, September 8 (newratings.com) - Analysts at RBC Capital Markets initiate coverage of Northrop Grumman (NOC) with an "underperform" rating. The target price is set to $58.
www.newratings.com ... Lockheed Martin init
NEW YORK, September 8 (newratings.com) - Analysts at RBC Capital Markets initiate coverage of Lockheed Martin (LMT) with a "sector perform" rating. The target price is set to $78.
www.newratings.com ... Honeywell Internatio
NEW YORK, September 8 (newratings.com) - Analysts at RBC Capital Markets initiate coverage of Honeywell International (HON) with a "sector perform" rating. The target price is set to $45.
www.newratings.com ... General Dynamics ini
NEW YORK, September 8 (newratings.com) - Analysts at RBC Capital Markets initiate coverage of General Dynamics (GD) with an "outperform" rating. The target price is set to $72.
www.newratings.com ... Boeing initiated wit
NEW YORK, September 8 (newratings.com) - Analysts at RBC Capital Markets initiate coverage of Boeing (BA) with an "outperform" rating. The target price is set to $78.
www.newratings.com ... Ironwood Pharma init
NEW YORK, September 8 (newratings.com) - Analysts at Ladenburg Thalmann initiate coverage of Ironwood Pharma (IRWD) with a "buy" rating. The target price is set to $14.
www.newratings.com ... CEC Entertainment in
NEW YORK, September 8 (newratings.com) - Analysts at Morgan Joseph initiate coverage of CEC Entertainment (CEC) with a "hold" rating.
www.newratings.com ... Molycorp initiated w
NEW YORK, September 8 (newratings.com) - Analysts at Stifel Nicolaus and Company initiate coverage of Molycorp (MCP) with a "hold" rating.
www.newratings.com ...
|
|
|
|
Fund Letters
