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Analyst Upgrades

  • Bristol-Myers (BMY) to hold from underperform at Jefferies.
  • Pep Boys (PBY) to buy from hold at Stifel Nicolaus.
  • Tesla Motors (TSLA) to overweight from equal weight at Morgan Stanley.
  • Emerson (EMR) to buy from hold at Deutsche Bank.
  • ARM Holdings (ARMH) to buy from neutral at BofA/Merrill.
  • NetLogic (NETL) and Cavium Networks (CAVM) to buy from hold at Auriga.
  • Aimco (AIV) to hold from sell at Citigroup.
  • Ceragon Networks (CRNT) to overweight from equal weight at Barclays.

Continue reading Analyst Calls: BMY, CAG, CAVM, CEPH, OPEN, PBY, SOL, TSLA, WDC …

Analyst Calls: BMY, CAG, CAVM, CEPH, OPEN, PBY, SOL, TSLA, WDC … originally appeared on BloggingStocks on Thu, 31 Mar 2011 11:30:00 EST. Please see our terms for use of feeds.

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earnings expectationsQuarterly reports from Oracle (ORCL), Discover (DFS) and Tiffany (TIF) will highlight news on the earnings front this week.

Elsewhere on the economic calendar, the focus will be on housing, with existing home sales data due from the National Association of Realtors on Monday, new home sales numbers from the Census Bureau on Wednesday and data on housing starts released on Thursday.

Also watch for durable goods orders in February and the final GDP for the fourth quarter.

Continue reading Week in Preview: Housing Data and Late Season Earnings (ORCL, DFS, TIF)

Week in Preview: Housing Data and Late Season Earnings (ORCL, DFS, TIF) originally appeared on BloggingStocks on Sun, 20 Mar 2011 12:30:00 EST. Please see our terms for use of feeds.

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H.J. Heinz Company (HNZ), a food concern famous for its ketchup product and whose colleagues include ConAgra (CAG) and Campbell Soup (CPB), closed today’s session higher by 1.4%. The final quote of $49.66 isn’t far at all from the 52-week high of $50.77. Is the stock a buy?

You know, there’s a very interesting element to this story, and it has to do with the dividend yield. Right now, Heinz’s yield is 3.6%. That’s pretty awesome. You’ve got take notice of a stock that is both near a 52-week high and possessive of a lofty yield.

Continue reading Heinz Higher On Earnings News

Heinz Higher On Earnings News originally appeared on BloggingStocks on Thu, 03 Mar 2011 18:00:00 EST. Please see our terms for use of feeds.

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Smucker (SJM) logoThe J.M. Smucker Company (SJM), a food concern in the same category as ConAgra Foods (CAG) and Kraft Foods (KFT), issued its fiscal third-quarter report on Thursday. The document wasn’t too thrilling, but it shows that the business is holding its own in the competitive battlefield of the supermarket shelves.

Its adjusted profit of $1.27 per share came in ahead of the overall projection by one penny. Not bad, considering the article highlights the challenges of navigating a volatile environment in terms of ingredient costs.

Continue reading Smucker Reports Q3 Earnings: Is the Stock a Buy?

Smucker Reports Q3 Earnings: Is the Stock a Buy? originally appeared on BloggingStocks on Sat, 19 Feb 2011 11:40:00 EST. Please see our terms for use of feeds.

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