Posted Jul 2nd 2009 9:50AM by Laurie Pasternack
Filed under: Analyst reports, Analyst upgrades and downgrades, Cisco Systems (CSCO), Southwest Airlines (LUV), Contl Airlines'B' (CAL), Analyst initiations, Johnson Controls (JCI), Juniper Networks (JNPR), Delta Air Lines (DAL)
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Analyst upgrades:
- Citigroup upgraded Adtran (NASDAQ: ADTN) to Buy from Hold on expectations the company will benefit from the broadband Stimulus funds.
- Morgan Stanley upgraded Continental Airlines (NYSE: CAL) to Overweight from Equal Weight based on relative valuation and views the company as a "survivor." Additionally, the analyst lowered 2009 industry estimates but believes it is the last cut for the year and is incrementally more positive on the sector.
- Morgan Stanley also upgraded EXFO Electro-Optical (NASDAQ: EXFO) to Overweight from Market Weight based on valuation.
- Tata Motors (NYSE: TTM) was upgraded to Buy from Hold at Deutsche Bank.
- Ascent Solar (NASDAQ: ASTI) was upgraded to Neutral from Underweight at JP Morgan.
- Mechel Steel (NYSE: MTL) was upgraded to Neutral from Underperform at Credit Suisse.
Continue reading Analyst upgrades, downgrades and initiations: ADTN, CAL, EXFO, JCI, LUV, VAR, CSCO, KMT, EZCH
Posted Jun 22nd 2009 10:00AM by Jim Cramer
Filed under: Cisco Systems (CSCO), Motorola (MOT), Market matters, Cramer on BloggingStocks
TheStreet.com's Jim Cramer says tech's a tough sector, even if you pick the winners. Nortel's a reminder that owning tech can be such an incredible losing proposition. For much of the 1990s it was a given that Nortel was going to be the biggest competitor if not the destroyer of
Cisco (NASDAQ:
CSCO) (
Cramer's Take),
Motorola (NYSE:
MOT) (
Cramer's Take) and certainly of Lucent and Alcatel. It seemed to have the inside track on everything that would make the Internet better and faster and more compelling. It was the pin-up for the hottest in communications tech and you had to be long it at all times.
But Nortel became the poster boy for something else in the early 2000s, the sign that I keep on my PC -- "Accounting irregularities equals sell." While Nortel's business, along with all of the network and dot-com-related businesses crashed badly in the wake of Net crash, Nortel was never able to get back in the game because of some accounting irregularities so broad that it brought down all of the executives who ran the company.
Continue reading Cramer on BloggingStocks: Learning the lessons of Nortel
Posted Jun 17th 2009 4:10PM by Jon Ogg
Filed under: Cisco Systems (CSCO), Adobe Systems (ADBE), FedEx Corp (FDX), E*TRADE (ETFC)
Today had all the earmarks in line for another solid day of sell-offs, yet the markets held ground considering the tone this morning. The good news was low inflation, the
lowest in over 50 years.
But agriculture stocks were hammered on overseas competitive news about
weak pricing and demand. Then came a
banking downgrade from the S&P playing catch-up. Despite the mixed performance at the end of the day, this felt like a win. Here are the unofficial closing bell levels:
DJIA: 8,497.18 (-7.49)
S&P 500: 910. 71 (-1.26)
NASDAQ: 1,808.06 (+11.88)
Top Analyst CallsContinue reading Closing Bell: A win or a head-scratcher? (CSCO, ADBE, BIDU, SVNT, ETFC, FDX, STSI, YGE)
Posted Jun 15th 2009 9:50AM by Jim Cramer
Filed under: Microsoft (MSFT), Cisco Systems (CSCO), Market matters, Adobe Systems (ADBE), Oracle Corp (ORCL), EMC Corp (EMC), salesforce.com inc (CRM), Cramer on BloggingStocks, Technology
TheStreet.com's Jim Cramer says these stocks have become too expensive without takeovers and a more robust economy. One after another after another, these software charts are amazing. And, I might add, a bit scary. How did
McAfee (NYSE:
MFE) (
Cramer's Take) make that kind of move just on security software? Didn't
Microsoft (NASDAQ:
MSFT) (
Cramer's Take) just say -- admittedly for the 4 millionth time -- that it was going to give away free anti-virus software? Or
Citrix (NASDAQ:
CTXS) (
Cramer's Take)? What's that all about? How could it return to those levels?
There were rumors of a
Cisco (NASDAQ:
CSCO) (
Cramer's Take) takeover a week or two ago, and, amazingly, when it didn't come true, the stock hung in.
Continue reading Cramer on BloggingStocks: Tech's unjustified super bull market run
Posted Jun 8th 2009 4:00PM by Jon Ogg
Filed under: Google (GOOG), Apple Inc (AAPL), Cisco Systems (CSCO), McDonald's (MCD), SLM Corp (SLM)
Today was one of those strange days where we were weak all day, and the buy programs came on strong in the last 45 minutes of the day. Instead of being down over 100 points on the DJIA for much of the day, the market's unofficial close was up.
Here are the unofficial closing bell levels:
Dow 8,764.49 +1.36 (0.02%)
S&P 500 939.14 -0.95 (-0.10%)
Nasdaq 1,842.40 -7.02 (-0.38%)
Top 10 Analyst CallsContinue reading Closing Bell: From caution to almost cheers (GOOG, AAPL, SLM, CSCO, MCD)
Posted Jun 5th 2009 9:00AM by Steven Mallas
Filed under: Earnings reports, Cisco Systems (CSCO), Ciena Corp (CIEN), Alcatel-LucentADS (ALU), Technology
Ciena (NASDAQ: CIEN), a business that sells various networking and software products for fiber-optic and broadband technologies, and whose colleagues include Cisco (NASDAQ: CSCO) and Alcatel-Lucent (NYSE: ALU), reported late Thursday a difficult second quarter. Revenues declined by 40%. For the bottom line, Ciena said it lost 25 cents per share on an adjusted basis. Last year at this time, Ciena made an adjusted 40 cents per share. And in terms of expectations, the company was only supposed to lose 9 cents per share. Guess there wasn't a chance of that, huh?
Continue reading Ciena lost money, missed expectations in Q2
Posted Jun 1st 2009 6:00PM by Beth Gaston Moon
Filed under: Rumors, Cisco Systems (CSCO), General Motors (GM), Indices, Citigroup Inc. (C)
After weeks of speculation - Apple! Amazon! Nike! Toyota! -- all became clear today when
General Motors Corporation's (NYSE:
GM) exodus from the Dow Jones Industrial Average (
DJIA) made room for...
Cisco Systems, Inc. (NASDAQ:
CSCO). While perhaps not as sexy a name as, say,
Apple, Inc. (NASDAQ:
AAPL), it does add one more tech name to the venerable 30-stock average.
Wall Street Journal Managing Editor Robert Thomson released a statement noting that CSCO made the cut "because its communications and computer-networking products are vital to an economy and culture still adapting to the Information Age -- just as automobiles were essential to America in the 20th Century." So
there's the connection!
Continue reading Cisco, Travelers join the Dow
Posted Jun 1st 2009 4:00PM by Jon Ogg
Filed under: Analyst reports, Analyst upgrades and downgrades, Cisco Systems (CSCO), Ford Motor (F), General Motors (GM), Citigroup Inc. (C), Analyst initiations, Economic data, DJIA, Travelers Companies Inc. (TRV)
Continue reading Closing Bell: Bulls above bears in food chain (GM, F, CSCO, C, TRV, BVTI)
Posted Jun 1st 2009 9:30AM by Paul Foster
Filed under: Cisco Systems (CSCO), General Motors (GM), Citigroup Inc. (C), Options, DJIA, Travelers Companies Inc. (TRV)
Cisco (NASDAQ: CSCO) is recently up 67 cents to $19.88 in pre-open trading. CSCO will replace General Motors (GM) in the Dow Jones Industrial Averages -- DJIA. CSCO June option implied volatility of 36 is below its 26-week average of 47, according to Track Data, suggesting decreasing price movement.
Travelers (NYSE: TRV) is recently trading at $41.87 in pre-open trading, above its close of $40.66. TRV will replace Citigroup (NYSE: C) in the DJIA. TRV June and July option implied volatility of 37 is below its 26-week average of 54, according to Track Data, indicating decreasing price movement.
Option Update is provided by Stock Specialist Paul Foster of theflyonthewall.com
Posted May 18th 2009 8:00AM by Paul Foster
Filed under: Google (GOOG), Cisco Systems (CSCO), Options
Google (NASDAQ: GOOG) closed at $390. The New York Times says: "New mood in antitrust may target Google." The WSJ reported Silicon Valley and GOOG are under a new tough phase antitrust scrutiny. GOOG June option implied volatility is at 32, below its 26-week average of 49 according to Track Data, suggesting decreasing price movement.
Cisco (NASDAQ: CSCO) closed at $19.75. CSCO's Unified Computing System (UCS) is expected to ship in June. CSCO June option implied volatility of 35 is below its 26-week average of 48, according to Track Data, suggesting decreasing price movement.
Option Update is provided by Stock Specialist Paul Foster of theflyonthewall.com
Posted May 12th 2009 11:30AM by Eric Buscemi
Filed under: Analyst reports, Analyst upgrades and downgrades, Cisco Systems (CSCO), BB and T (BBT), Chesapeake Energy (CHK), Newell Rubbermaid (NWL), Analyst initiations, American Eagle Outfitters (AEO)
Analyst upgrades:
- Morgan Stanley upgraded Chesapeake Energy (NYSE: CHK) to Overweight from Equal Weight as they expect the company to benefit from higher natural gas prices in 2010. The firm has a $34 target on shares.
- Citigroup upgraded Energy Conversion (NASDAQ: ENER) to Hold from Sell on valuation is it finds the risk/reward balanced at current levels. The firm raised its target price to $16 from $13.
- Jefferies upgraded Lifetime Brands (NASDAQ: LCUT) to Buy from Underperform to reflect reduced liquidity concerns and an improved outlook for Global Direct Sellers. The firm raised its target price to $4 from $2.
- American Eagle (NYSE: AEO) was upgraded to Overweight from Equal Weight at Barclays.
- TJX Companies (NYSE: TJX) was upgraded at Barclays to Overweight from Equal Weight and to Outperform from Netural at Credit Suisse.
- STEC Inc (NASDAQ: STEC) was raised to Overweight from Market Weight at Thomas Weisel.
Continue reading Analyst upgrades, downgrades and initiations: CHK, AEO, RBS, COF ...
Posted May 9th 2009 12:40PM by Trey Thoelcke
Filed under: Earnings reports, Cisco Systems (CSCO), Sirius Satellite Radio (SIRI), Hansen Natural (HANS), Walt Disney (DIS), American Express (AXP), News Corp'B' (NWS), Alcatel-LucentADS (ALU), Tyson Foods'A' (TSN), Symantec Corp (SYMC), Las Vegas Sands (LVS), Vonage Holdings (VG), Blackstone Group L.P (BX), Garmin Ltd (GRMN), Marvel Entertainment (MVL)
Here are some highlights from this past week's earnings coverage from BloggingStocks:
Continue reading Earnings highlights: Disney, Cisco, News Corp., Marvel, Sirius, Blackstone and more
Posted May 7th 2009 4:00PM by Jon Ogg
Filed under: Cisco Systems (CSCO), Wal-Mart (WMT), Sirius Satellite Radio (SIRI), Symantec Corp (SYMC), Vonage Holdings (VG)
Fed Chairman Bernanke gave an
outline of regulation for banks and financial institutions today, and the weekly jobless claims gave some hope that tomorrow's unemployment
might come in under expectations. There is a "sell the news" mentality that is going around ahead of the stress test and there was some tech profit taking after John Chambers was less optimistic. It looks like at least some profit taking is actually possible to see again.
Here are today's unofficial closing bell levels:
Dow 8,376.64 -135.64 (-1.59%)
S&P 500 907.28 -12.25 (-1.33%)
Nasdaq 1,716.24 -42.86 (-2.44%)
Top Analyst UpgradesTop Analyst DowngradesContinue reading Closing Bell: Profit taking is actually possible (COF, CSCO, SIRI, SYMC, VG, WMT)
Next Page »
Today was one of those magical days where no bad news could get in the way and all good news was viewed as the leader. Despite there now having already been 
For 
Cramer on BloggingStocks: Don't paint everything with the jobs brush
Seven banks go up in smoke ahead of the holiday weekend
Sears offering hedge for consumers who lose their job -- good idea?
