Today Movers


Delta Air Lines, United Continental, American Airlines Group, Southwest Airlines—These and other airlines may benefit after an average fare increase of $4 per roundtrip was successfully implemented by major carriers.



AbbVie—The drug maker has officially killed its deal to acquire Britain's Shire, after U.S. tax law changes made the deal unattractive. Separately, AbbVie increased its quarterly dividend by about 17 percent and also announced a new $5 billion share buyback program.



Restructuring underway at Kimberly-Clark

Kimberly-Clark (NYSE:KMB) announces it will restructure itself in order to improve efficiency following the spinoff of its health care operation.The company's workforce will be reduced by 1,100 to 1,300 employees.Total costs for the restructuring are pegged at $130M-$160M.The action is expected to deliver pre-tax savings of $120M-$140M by the end of 2017.Previous: Q3 results, highlights.KMB +0.9% premarket.



Trinity Industries TRN, +8.35% :   indicated it will appeal a federal court ruling in which a jury assessed $175 million in damages against the company. The case concerned guardrails made by the company which have been blamed in several deaths.


Conference calls

4:30 0:00 ARM Holdings ARMH
8:00 0:00 Brown & Brown BRO
8:00 0:00 Carlisle Cos CSL
8:00 0:00 TAL Education XRS
8:30 0:00 Apollo Group APOL
8:30 0:00 Allegheny Tech ATI
8:30 10:30 CTG CTG
8:30 0:00 Lexmark LXK
8:30 11:30 Manpower MAN
8:30 0:00 Omnicom OMC
8:30 0:00 Synovus SNV
8:30 11:00 Verizon VZ
8:30 0:00 Waters WAT
9:00 12:00 CYS Investments CYS
9:00 0:00 Gulfmark Offshore GLF
9:00 0:00 Graphic Packaging GPK
9:00 0:00 Harley-Davidson HOG
9:00 0:00 Healthstream HSTM
9:00 0:00 Pentair PNR
9:00 0:00 Reynolds American RAI
9:00 0:00 Travelers TRV
9:00 12:00 United Tech UTX
9:30 0:00 Coca-Cola KO
10:00 0:00 Asbury Automotive ABG
10:00 0:00 A.O. Smith AOS
10:00 0:00 Astec Industries ASTE
10:00 12:00 Celanese CE
10:00 0:00 Brinker EAT
10:00 0:00 Helix Energy HLX
10:00 0:00 Hexcel HXL
10:00 0:00 Illinois Tool ITW
10:00 13:00 Kimberly-Clark KMB
10:00 13:00 Packaging Corp PKG
10:00 13:00 Signature Bank SBNY
10:00 0:00 Steel Dynamics STLD
10:30 0:00 IDEX Corp IEX
10:45 0:00 Rent-A-Center RCII
11:00 0:00 BancorpSouth BXS
11:00 0:00 Canadian Pacific CP
11:00 0:00 Equity Lifestyle Properties ELS
11:00 14:00 Lockheed Martin LMT
11:00 0:00 McDonald's MCD
11:00 14:00 Regions Fincl RF
11:00 0:00 Sonic Automotive SAH
11:30 0:00 East West Banc EWBC
12:30 0:00 BBCN Bancorp BBCN
13:00 0:00 Kaiser Alum KALU
13:00 0:00 Liberty Prop LPT
14:00 0:00 Wilshire Bancorp WIBC
16:15 0:00 Abaxis ABAX
16:30 0:00 B&G Foods BGS
16:30 0:00 Celestica CLS
16:30 0:00 Canadian Natl Rail CNI
16:30 19:30 Hawaiian Holdings HA
16:30 0:00 Interactive Brokers IBKR
16:30 0:00 Intuitive Surgical ISRG
16:30 0:00 Manhattan Assoc MANH
16:30 0:00 Vascular Solutions VASC
16:45 0:00 Broadcom BRCM
17:00 0:00 Cubist Pharma CBST
17:00 0:00 Cree CREE
17:00 0:00 Discover Financial Services DFS
17:00 0:00 Datalink DTLK
17:00 0:00 Elec For Imaging EFII
17:00 0:00 E*TRADE ETFC
17:00 20:00 Quidel QDEL
17:00 20:00 Robert Half RHI
17:00 0:00 Six Flags SIX
17:00 0:00 Super Micro Computer SMCI
17:00 0:00 Sonic SONC
17:00 0:00 VMware VMW
17:00 0:00 Yahoo! YHOO
17:00 0:00 Zix Corp ZIXI
17:30 0:00 Unisys UIS
18:00 0:00 Cathay Bancorp CATY











Company Name Sym Price Shares Offer Amount IPO Date
VIKING THERAPEUTICS, INC. VKTX 10.00-12.00 5,000,000 $69,000,000 10/21/2014
VIROBAY INC VBAY 12.00-14.00 3,846,153 $61,923,064 10/21/2014
21 Октябрь 2014
Опубликовано в People talk

In play


Company Symbol EPS EPS Cons. Surprise Revs Rev Cons. Last
Apollo Group APOL $0.34 $0.27 +$0.07 $709.7M $728.7M $0.76
The Coca Cola Company KO $0.53 $0.53 -$0.00 $11.98B $12.14B $0.64
Lexmark LXK $1.05 $0.93 +$0.12 $918.1M $890.5M $0.99
Verizon Communications VZ $0.89 $0.92 -$0.03 $31.6B $31.57B $0.91
Harley-Davidson HOG $0.69 $0.60 +$0.09 $1.3B $1.14B $1.62
Packaging Corporation of America PKG $1.26 $1.26 -$0.00 $1.52B $1.5B $1.16
Apple AAPL $1.42 $1.31 +$0.11 $42.12B $39.85B $1.28
McDonald's MCD $1.09 $1.38 -$0.29 $6.99B $7.2B $1.40
Illumina ILMN $0.77 $0.56 +$0.21 $481M $451.2M $0.57


Firm Action Company
Guggenheim Downgrade ABBV
Jefferies Group Downgrade BHP
Jefferies Group Downgrade BBL
Morgan Stanley Downgrade ED
Jefferies Group Downgrade HCP
Bank of America Downgrade IRC
Evercore Partners Downgrade IBM
Wells Fargo & Co. Downgrade IBM
MKM Partners Downgrade P
Janney Montgomery Scott Downgrade PKI
Raymond James Downgrade RCII
Raymond James Downgrade RNO
Sterne Agee Downgrade UFPI
Macquarie Upgrade AL
Global Hunter Securities Upgrade APC
Stifel Nicolaus Upgrade BDC
Wells Fargo & Co. Upgrade BDN
Sanford C. Bernstein Upgrade COG
Macquarie Upgrade CHTR
Global Hunter Securities Upgrade DVN
Guggenheim Upgrade DVN
Stifel Nicolaus Upgrade EXP
Guggenheim Upgrade EOG
Global Hunter Securities Upgrade GPOR
Guggenheim Upgrade HAL
Global Hunter Securities Upgrade HES
Janney Montgomery Scott Upgrade ILMN
Macquarie Upgrade KEX
Global Hunter Securities Upgrade KOS
Credit Suisse Upgrade NTES
ISI Group Upgrade NVR
Global Hunter Securities Upgrade OXY
Guggenheim Upgrade PXD
Goldman Sachs Upgrade POST)
Global Hunter Securities Upgrade REXX
MLV & Co Upgrade RSE
RS Platou Upgrade RDC
RS Platou Upgrade SDRL
Boenning Scattergood Upgrade SBNY
Global Hunter Securities Upgrade TLM
Barclays Upgrade TE
Macquarie Upgrade TE
21 Октябрь 2014
Опубликовано в Before open

Today Movers


Yahoo– Yahoo will announce new cost-cutting efforts and potential acquisitions tomorrow, according to the Wall Street Journal. Yahoo has been under pressure from activist investor Starboard for a "bloated" cost structure.



Microsoft– Microsoft will launch a smartwatch in the next few weeks, according to Forbes.



Apple– Apple will roll out its Apple Pay service this morning, allowing users to pay for items at stores using an iPhone and its fingerprint ID technology.



Cleco Corp.– Cleco will be acquired by a group of North American investors for $3.4 billion, or $55.37 in cash. That represents a 15 percent premium over Friday's closing price for the public utility company's shareholders.



CSX Corp. : Exploratory talks with Canadian Pacific Railway Ltd. were terminated, the railroad companies said Monday. The stock fell 3.4%.


Conference calls

4:00 6:00 Philips Electronics PHG
8:00 0:00 SAP AG SAP
8:00 0:00 Valeant Pharma VRX
8:30 0:00 Hasbro HAS
8:30 10:00 PetMed Express PETS
8:30 0:00 V.F. Corp VFC
9:00 0:00 Halliburton HAL
9:30 12:00 Lennox Intl LII
10:00 14:00 Gannett GCI
11:00 0:00 Peabody Energy BTU
11:00 0:00 Community Bank CBU
11:00 0:00 Genuine Parts GPC
16:30 0:00 IBM IBM
16:45 0:00 Ultra Clean Holdings UCTT
17:00 0:00 Apple AAPL
17:00 20:00 Cadence Design CDNS
17:00 0:00 Chipotle Mexican Grill CMG
17:00 21:00 Illumina ILMN
17:00 0:00 Rambus RMBS
17:30 0:00 Texas Instruments TXN
17:30 0:00 Zions Bancorp ZION
18:00 0:00 Potlatch PCH








20 Октябрь 2014
Опубликовано в People talk

In play


Company Symbol EPS EPS Cons. Surprise Revs Rev Cons. Last
Halliburton HAL $1.19 $1.10 +$0.09 $8.7B $8.52B $0.91
Hasbro Inc. HAS $1.46 $1.44 +$0.02 $1.47B $1.47B $0.36
IBM IBM $3.68 $4.32 -$0.64 $22.4B $23.37B $4.32
Lennox Int'l LII $1.38 $1.43 -$0.05 $898.4M $914.9M $1.51
V.F. Corp. VFC $1.08 $1.09 -$0.01 $3.5B $3.57B $0.36
Valeant Pharma VRX $2.11 N/A N/A $2.06B $1.54B $1.91


Firm Action Company
Citigroup Inc. Downgrade AMBI
JMP Securities Downgrade AGNC
Raymond James Downgrade BANF
Stifel Nicolaus Downgrade CFN
Goldman Sachs Downgrade CGG
Citigroup Inc. Downgrade CLF
Goldman Sachs Downgrade XRAY
Deutsche Bank Downgrade MJN
Wedbush Downgrade OC
Raymond James Downgrade PBCT
Deutsche Bank Downgrade PNC
Raymond James Downgrade PFBC
Raymond James Downgrade PRI
Raymond James Downgrade PFG
Citigroup Inc. Downgrade SDRL
JPMorgan Chase & Co. Downgrade SWC
Credit Suisse Upgrade ALGN
Goldman Sachs Upgrade ALGN
Citigroup Inc. Upgrade AHGP
Credit Suisse Upgrade ALSN
Deutsche Bank Upgrade AIG
SunTrust Upgrade BF/B
Nomura Upgrade CMA
Sanford C. Bernstein Upgrade CMA
Citigroup Inc. Upgrade CNX
Goldman Sachs Upgrade ETFC
Citigroup Inc. Upgrade FCX
Stifel Nicolaus Upgrade HPT
Deutsche Bank Upgrade KEY
Pacific Crest Upgrade MU
Citigroup Inc. Upgrade NEM
Macquarie Upgrade NWSA
Argus Upgrade PNM
SunTrust Upgrade PPG
JPMorgan Chase & Co. Upgrade RNA
Canaccord Genuity Upgrade RCI
Norne Securities Upgrade RCL
Susquehanna Upgrade STI
Citigroup Inc. Upgrade SWFT
Goldman Sachs Upgrade AMTD
JPMorgan Chase & Co. Upgrade TERP
Goldman Sachs Upgrade BK
BMO Capital Markets Upgrade TUBE
Raymond James Upgrade UNM
Keefe, Bruyette & Woods Upgrade WAL
Sterne Agee Upgrade WAL
20 Октябрь 2014
Опубликовано в Before open

Today Movers


Urban Outfitters—The retailer fell after reporting a drop in its profit margin in August.



Oil servicers bounce big as tumbling crude hasn’t changed outlook

Oil services (OIH +4%) rip higher at the open following a strong earnings report from Schlumberger (SLB +7.4%) and as oil prices stabilize.Tumbling crude prices haven’t shaken the faith of at least two of the top providers of drilling and production services: SLB CEO Paal Kibsgaard describes the drop as “fear of short-term oversupply” and says the company is not changing a long-term view that its earnings will almost double from last year’s level by 2017, while Baker Hughes (BHI +4.7%) CEO Martin Craighead says his company's customers don't believe crude prices will stay low



Cruise line stocks on watch after Ebola report

A health care worker from Texas who had contact with the Ebola virus left the U.S. on a cruise ship, according to the U.S. State Department.Reports indicate the ship is currently in the waters of Belize.It appears that cruise line stocks are skittish over the development in early trading.Premarket: Carnival (NYSE:CCL) -3.4%, Royal Caribbean (NYSE:RCL) -3.0%,


Conference calls

8:00 0:00 athenaHealth ATHN
8:00 14:00 BNY Mellon BK
8:00 0:00 Comerica CMA
8:00 0:00 Schlumberger SLB
8:00 10:30 Textron TXT
8:30 0:00 General Electric GE
8:45 0:00 KC Southern KSU
9:00 0:00 Crown Hldgs CCK
9:00 0:00 SunTrust Banks STI
9:30 13:00 First Horizon FHN
9:30 12:00 Honeywell HON
10:00 0:00 Huntington Banc HBAN
10:00 0:00 Knoll KNL
10:00 0:00 Morgan Stanley MS
10:30 0:00 Synchrony Financial SYF
11:00 0:00 CoBiz COBZ
11:00 14:00 Cytec CYT
11:00 0:00 EastGroup EGP
11:00 0:00 M&T Bank MTB
11:00 0:00 Wintrust Fin WTFC
12:00 14:00 Western Alliance Bancorp WAL











Company Name Sym Price Shares Offer Amount IPO Date
XENON PHARMACEUTICALS INC. XENE 10.00-12.00 4,000,000 $55,200,000 10/17/2014
HYDRA INDUSTRIES ACQUISITION CORP. HDRAU $10 10,000,000 $115,000,000 10/17/2014
ZAYO GROUP HOLDINGS, INC. ZAYO 21.00-24.00 28,900,000 $797,640,000 10/17/2014
VIROBAY INC VBAY 12.00-14.00 3,846,153 $61,923,064 10/17/2014
17 Октябрь 2014
Опубликовано в People talk

In play


Company Symbol EPS EPS Cons. Surprise Revs Rev Cons. Last
Capital One Financial COF $1.94 $1.92 +$0.02 $5.64B $5.56B $2.04
Cepheid CPHD $0.06 $-0.16 +$0.22 $115.2M $110.1M -$0.14
SanDisk SNDK $1.45 $1.38 +$0.07 $1.75B $1.76B $1.41
Schlumberger Ltd. SLB $1.49 $1.47 +$0.02 $12.6B $12.65B $1.37
Xilinx Inc XLNX $0.62 $0.56 +$0.06 $604.3M $602.12M $0.62
General Electric GE $0.38 $0.37 +$0.01 $36.2B $36.8B $0.39
Honeywell Int'l Inc. HON $1.43 $1.41 +$0.02 $10.1B $10B $1.38
Morgan Stanley MS $0.77 $0.54 +$0.23 $8.9B $8.16B $0.60
Textron TXT $0.57 $0.52 +$0.05 $3.4B $3.66B $0.51


Firm Action Company
Canaccord Genuity Downgrade AMD
Sandler O'Neill Downgrade AMRB
Global Hunter Securities Downgrade CWEI
Cowen and Company Downgrade GEOS
Cowen and Company Downgrade HERO
Stephens Downgrade NTCT
OTR Global Downgrade RBA
Goldman Sachs Downgrade URBN
Janney Montgomery Scott Downgrade URBN
Oppenheimer Downgrade URBN
Cowen and Company Downgrade VTG
Pacific Crest Upgrade AMD
Nomura Upgrade AKS
BMO Capital Markets Upgrade AT
JPMorgan Chase & Co. Upgrade ATO
Cowen and Company Upgrade BAS
Deutsche Bank Upgrade BWA
Barclays Upgrade CA
Wells Fargo & Co. Upgrade CLMT
Barclays Upgrade CSRE
Evercore Partners Upgrade DHT
Goldman Sachs Upgrade EJ
Citigroup Inc. Upgrade EXC
B. Riley Upgrade FN
Citigroup Inc. Upgrade FITB
William Blair Upgrade FMI
Keefe, Bruyette & Woods Upgrade GS
SunTrust Upgrade HLT
Macquarie Upgrade H
Leerink Swann Upgrade ISRG
Stifel Nicolaus Upgrade IPGP
Credit Suisse Upgrade ITC
Goldman Sachs Upgrade LEJU
Avondale Partners Upgrade MAN
KeyCorp Upgrade MFRM
Cowen and Company Upgrade NBR
Cowen and Company Upgrade NR
Longbow Research Upgrade ODFL
SunTrust Upgrade PDCE
Macquarie Upgrade PVTB
Summit Research Upgrade QLGC
Sidoti Upgrade RMBS
Topeka Capital Markets Upgrade RS
Cowen and Company Upgrade RES
DA Davidson Upgrade SON
Raymond James Upgrade SWN
Cowen and Company Upgrade SUNE
Mizuho Upgrade TSM
Cowen and Company Upgrade TESO
Credit Suisse Upgrade TD
JMP Securities Upgrade TCAP
Leerink Swann Upgrade UNH
Northland Securities Upgrade VNOM
Wells Fargo & Co. Upgrade XLNX
17 Октябрь 2014
Опубликовано в Before open

Today Movers


Chesapeake to sell Marcellus, Utica assets to Southwestern for $5.375B

Chesapeake Energy (NYSE:CHK) +2.7% premarket after agreeing to sell assets in the southern Marcellus Shale and eastern Utica Shale to Southwestern Energy (NYSE:SWN) for $5.375B.The sale includes ~413K net acres and ~1,500 wells in northern West Virginia and southern Pennsylvania; average net daily production from the properties was ~56K boe in September, with net proved reserves of ~221M boe.CHK says it expects FY 2015 production guidance to remain in the range of 7%-10% growth Y/Y adjusted for asset sales.


AbbVie—The drug maker is recommending shareholders vote against its $55 billion deal to acquire Shire, because new US tax rules will negate the advantages of the transaction.


Conference calls

2:00 0:00 Taiwan Semi TSM
7:30 0:00 W.W. Grainger GWW
8:00 0:00 BB&T Corp BBT
8:00 0:00 Danaher DHR
8:00 0:00 Navient NAVI
8:00 11:00 Platinum Underwriters PTP
8:00 0:00 WNS WNS
8:30 0:00 Alliance Data ADS
8:30 0:00 Baxter BAX
8:30 0:00 Baker Hughes BHI
8:30 11:30 Mattel MAT
8:30 11:30 NetScout Systems NTCT
8:30 0:00 Universal Forest UFPI
8:45 0:00 UnitedHealth UNH
9:00 12:00 Fairchild Semi FCS
9:00 0:00 Fifth Third FITB
9:00 0:00 Orbital Sciences ORB
9:00 0:00 Philip Morris International PM
9:00 11:00 Webster Financial WBS
9:30 0:00 Goldman Sachs GS
10:00 13:00 Astoria Fincl AF
10:00 0:00 Briggs & Stratton BGG
10:00 0:00 Delta Air Lines DAL
10:00 13:30 Dover DOV
10:00 0:00 Eagle Bancorp EGBN
10:00 13:30 First Republic Bank FRC
10:00 0:00 InSteel Industries IIIN
10:00 13:00 Snap-On SNA
10:00 0:00 Supervalu SVU
10:00 0:00 Syntel SYNT
10:00 0:00 Marriot Vacations VAC
10:00 14:00 Winnebago Inds WGO
11:00 16:00 Badger Meter BMI
11:00 0:00 Blackstone BX
11:00 13:00 Cohen & Steers CNS
11:00 0:00 Home Loan Servicing HLSS
11:00 14:00 HNI HNI
11:00 0:00 ClubCorp MYCC
11:00 14:00 Pool POOL
11:00 0:00 PrivateBancorp PVTB
11:00 0:00 RLI Corp RLI
11:00 0:00 Sonoco Products SON
11:00 0:00 Travelzoo TZOO
11:00 0:00 United Rentals URI
11:30 0:00 Cypress Semi CY
13:00 0:00 Umpqua Holdings UMPQ
14:00 0:00 Home Bancshares HOMB
14:00 18:00 PPG Industries PPG
14:00 0:00 Sandy Spring Banc SASR
16:30 0:00 Google GOOG
16:30 20:00 Stryker SYK
17:00 0:00 Assoc Banc-Corp ASBC
17:00 0:00 Capital One COF
17:00 0:00 Cepheid CPHD
17:00 0:00 People's United Financial PBCT
17:00 0:00 QLogic QLGC
17:00 0:00 SanDisk SNDK
17:00 0:00 WD-40 WDFC
17:00 0:00 Xilinx XLNX
17:30 0:00 Advanced Micro AMD















Company Name Sym Price Shares Offer Amount IPO Date
HYDRA INDUSTRIES ACQUISITION CORP. HDRAU $10 10,000,000 $115,000,000 10/16/2014
ATARA BIOTHERAPEUTICS, INC. ATRA 14.00-16.00 5,000,000 $92,000,000 10/16/2014
VIROBAY INC VBAY 12.00-14.00 3,846,153 $61,923,064 10/16/2014
16 Октябрь 2014
Опубликовано в People talk

In play


Company Symbol EPS EPS Cons. Surprise Revs Rev Cons. Last
American Express AXP $1.40 $1.36 +$0.04 $8.33B $8.37B $1.43
El Paso Pipeline Partners EPB $0.31 $0.39 -$0.08 $352M $386.2M $0.32
Las Vegas Sands LVS $0.84 $0.87 -$0.03 $2.33B $3.73B $0.85
Netflix NFLX $0.96 $0.91 +$0.05 N/A $1.41B $1.15
eBay EBAY $0.69 $0.67 +$0.02 $4.35B $4.37B $0.69
Baker Hughes BHI $1.02 $1.14 -$0.12 $6.25B $6.28B $0.92
Baxter Int'l BAX $0.00 $1.30 -$1.30 $4.2B $4.21B $1.26
Cypress Semiconductor CY N/A $0.16 N/A N/A $188.6M $0.16
Danaher Corp. DHR $0.89 $0.89 -$0.00 $4.9B $4.9B $0.95
Delta Air Lines DAL $0.42 $1.18 -$0.76 $11.18B $11.11B $1.04
Goldman Sachs GS $4.57 $3.19 +$1.38 $8.39B $7.69B $4.10
Mattel Inc. MAT $0.97 $1.06 -$0.09 $2.02B $2.19B $0.08
Netscout Systems NTCT $0.27 $0.34 -$0.07 $103.6M $102.24M $0.36
Philip Morris Int'l PM $1.39 $1.34 +$0.05 $7.9B $7.64B $1.41
UnitedHealth Group UNH $1.63 $1.53 +$0.10 $32.8B $32.7B $1.42


Firm Action Company
Wells Fargo & Co. Downgrade AKAM
Nomura Downgrade CGG
RBC Capital Downgrade EBAY
Macquarie Downgrade FRAN
Nomura Downgrade RDSMY
Macquarie Downgrade LULU
CRT Capital Downgrade NFLX
Macquarie Downgrade JWN
Credit Suisse Downgrade NSC
Cowen and Company Downgrade RIO
Nordea Equity Research Downgrade RDC
Nomura Downgrade SDRL
JPMorgan Chase & Co. Downgrade TX
Guggenheim Downgrade DIS
Macquarie Downgrade URBN
Guggenheim Downgrade VIAB
Credit Suisse Upgrade APD
JPMorgan Chase & Co. Upgrade AXP
Keefe, Bruyette & Woods Upgrade AFSI
Oppenheimer Upgrade BIDU
FBR Capital Markets Upgrade BAC
Wunderlich Upgrade OZRK
BMO Capital Markets Upgrade BMY
Brean Capital Upgrade CLD
Credit Suisse Upgrade CSX
BMO Capital Markets Upgrade CFR
Nordea Equity Research Upgrade DO
JPMorgan Chase & Co. Upgrade FEYE
Morgan Stanley Upgrade FLT
Needham & Company LLC Upgrade FSL
Pareto Securities Upgrade GLOG
RBC Capital Upgrade GPOR
FBR Capital Markets Upgrade HST
Piper Jaffray Upgrade ILMN
Wells Fargo & Co. Upgrade LB
Robert W. Baird Upgrade LPNT
ISI Group Upgrade LLTC
Ladenburg Thalmann Upgrade MMP
Jefferies Group Upgrade NFLX
SpareBank 1 Markets AS Upgrade RCL
Macquarie Upgrade TIF
Topeka Capital Markets Upgrade TWX
16 Октябрь 2014
Опубликовано в Before open

Today Movers


Apple (AAPL) – The stock was added to the "best ideas" 


list at Morgan Stanley, citing strong iPhone 6 demand 


and Apple's expansion into new product categories.



ASML (ASML) – ASML is reporting a drop in quarterly 


sales, but the Dutch chip equipment maker said it is 


still on track to hit its full-year sales targets. 



Qualcomm (QCOM) – Qualcomm is buying British chip maker 


CSR for $2.5 billion in cash, beating out Microchip 


Technology (MCHP). Microchip had also sought to buy CSR 


but had been rebuffed. CSR specializes in Bluetooth 


technology and has been making strides in wearable and 


automotive computing devices.



AbbVie (ABBV) – The drug maker is reconsidering its $55 


billion deal to buy Britain's Shire (SHPG), due to the 


U.S. government's move to reduce the tax advantages of 


so-called "inversion" deals. 



Ann Inc. (ANN) – The company entered a confidentiality 


agreement with Golden Gate Capital. The retailer's move 


comes just a few weeks after several hedge funds urged 


the company to sell itself.



Hewlett-Packard (HPQ), EMC Corp. (EMC) – The two 


companies have ended merger talks, according to 


Reuters. CNBC's David Faber had reported last week that 


the talks had hit an impasse and that a deal was 





Lithia Motors tapped for comeback

Morgan Stanley upgrades Lithia Motors (NYSE:LAD) to an 


Overweight rating.The investment firm assigns a $75 


price target on the auto retailer stock.Shares of 


Lithia are 32% off their 52-week highs due to higher 


selling costs which prompted a cut in guidance from the 





Shire urges AbbVie to proceed with $55B deal; shares 


plunge in London

Shares in Shire (NASDAQ:SHPG) have plummeted 27% in 


London after AbbVie (NYSE:ABBV) said late yesterday 


that it is reconsidering its recommendation to 


shareholders to approve the $55B takeover of the U.K. 


company following proposed U.S. rules aimed at 


discouraging tax-inversion deals.Shire this morning 


urged AbbVie to proceed with deal, pointing out that 


the latter would have to pay a $1.635B break-up fee if 


its shareholders block the transaction.Shire also 


disclosed that Q3 trading has "remained strong" 


following record quarterly revenues in Q2. (PR)


Conference calls

8:00 0:00 iGATE IGTE
8:00 0:00 St. Jude Medical STJ
8:30 12:00 Bank of America BAC
8:30 12:30 BlackRock BLK
8:30 0:00 CSX CSX
9:00 0:00 ASML ASML
9:00 0:00 KeyCorp KEY
10:00 0:00 MGIC Investment MTG
10:00 0:00 PNC PNC
10:30 0:00 ADTRAN ADTN
11:00 0:00 Bank of the Ozarks OZRK
11:30 0:00 Linear Tech LLTC
16:30 0:00 El Paso Pipeline Partners EPB
16:30 0:00 Kinder Morgan KMI
16:30 0:00 Kinder Morgan Partners KMP
16:30 0:00 Las Vegas Sands LVS
17:00 0:00 American Express AXP
17:00 20:00 eBay EBAY
18:00 0:00 Netflix NFLX













Company Name Sym Price Shares Offer Amount IPO Date
GREAT WESTERN BANCORP, INC. GWB 21.00-24.00 16,000,000 $441,600,000 10/15/2014
HYDRA INDUSTRIES ACQUISITION CORP. HDRAU $10 10,000,000 $115,000,000 10/15/2014
FORWARD PHARMA A/S FWP 20.00-22.00 9,523,810 $240,952,382 10/15/2014
VIKING THERAPEUTICS, INC. VKTX 10.00-12.00 5,000,000 $69,000,000 10/15/2014
DOMINION MIDSTREAM PARTNERS, LP DM 19.00-21.00 17,500,000 $422,625,000 10/15/2014
15 Октябрь 2014
Опубликовано в People talk

In play


Company Symbol EPS EPS Cons. Surprise Revs Rev Cons. Last
Bank of America BAC -$0.01 $-0.09 +$0.08 $21.4B $21.33B $0.41
Charles Schwab SCHW N/A $0.24 N/A N/A $1.5B $0.23
KeyCorp KEY $0.23 $0.26 -$0.03 N/A $1.04B $0.27
St. Jude Medical STJ $0.97 $0.96 +$0.01 $1.38B $1.39B $1.02
CSX Corp. CSX $0.51 $0.48 +$0.03 $3.2B $3.13B $0.53
Intel INTC $0.66 $0.64 +$0.02 $14.6B $14.4B $0.55
Linear Technology Corp. LLTC $0.53 $0.54 -$0.01 $371.1M $372.6M $0.59
Straight Path Communications STRP $0.00 N/A N/A $3.3M $100K $0.00


Firm Action Company
Roth Capital Downgrade DRTX
Morgan Stanley Downgrade INTC
Macquarie Downgrade MAS
Sterne Agee Downgrade NFBK
Credit Suisse Downgrade OXY
KeyCorp Downgrade THS
Sterne Agee Upgrade BHI
Deutsche Bank Upgrade BBVA
Sterne Agee Upgrade BWA
Macquarie Upgrade CHRW
JMP Securities Upgrade CAVM
Citigroup Inc. Upgrade CBS
SunTrust Upgrade CRL
Axiom Securities Upgrade CLF
Sterne Agee Upgrade CNOB
Raymond James Upgrade DIOD
Global Hunter Securities Upgrade EXXI
Robert W. Baird Upgrade LOPE
Barclays Upgrade HST
Credit Suisse Upgrade LNEGY
JPMorgan Chase & Co. Upgrade MU
Credit Agricole Upgrade RAX
Barclays Upgrade SBRA
Credit Suisse Upgrade SNY
Bank of America Upgrade SWN
Deutsche Bank Upgrade ADPT
Sterne Agee Upgrade SNBC
Piper Jaffray Upgrade UNFI
Monness Crespi & Hardt Upgrade GRA
15 Октябрь 2014
Опубликовано в Before open