Archive for Mark Watkins

Mizuho Reaffirms “Buy” Rating for Horizon Pharma PLC (HZNP)

Horizon Pharma PLC (NASDAQ:HZNP)‘s stock had its “buy” rating reiterated by stock analysts at Mizuho in a research report issued to clients and investors on Tuesday, MarketBeat Ratings reports. They currently have a $25.00 price target on the biopharmaceutical company’s stock, down from their previous price target of $34.00. Mizuho’s price target indicates a potential […]

Great Panther Silver Ltd (GPL) Given “Buy” Rating at Rodman & Renshaw

Great Panther Silver Ltd (NYSEMKT:GPL)‘s stock had its “buy” rating reissued by investment analysts at Rodman & Renshaw in a note issued to investors on Thursday. They presently have a $1.50 target price on the stock, up from their prior target price of $1.10. Rodman & Renshaw’s target price suggests a potential downside of 3.23% […]

Nice-Systems Receives “Outperform” Rating from Oppenheimer (NICE)

Oppenheimer reaffirmed their outperform rating on shares of Nice-Systems (NASDAQ:NICE) in a report published on Thursday morning, AnalystRatings.NET reports. They currently have a $75.00 target price on the stock. Shares of Nice-Systems (NASDAQ:NICE) traded up 0.55% during mid-day trading on Thursday, hitting $64.27. The stock had a trading volume of 72,387 shares. Nice-Systems has a […]

America Movil SAB de CV Given “Equal Weight” Rating at Barclays (AMOV)

Barclays reaffirmed their equal weight rating on shares of America Movil SAB de CV (NASDAQ:AMOV) in a report published on Monday, Analyst Ratings Network.com reports. Barclays currently has a $20.00 target price on the stock, down from their prior target price of $22.00. Shares of America Movil SAB de CV (NASDAQ:AMOV) traded down 1.580% during […]

Hawaiian Holdings Given “Underweight” Rating at Morgan Stanley (HA)

Morgan Stanley reaffirmed their underweight rating on shares of Hawaiian Holdings (NASDAQ:HA) in a research note issued to investors on Monday morning, AnalystRatings.NET reports. They currently have a $27.00 target price on the stock. Several other equities research analysts have also commented on the stock. Vetr lowered shares of Hawaiian Holdings from a strong-buy rating […]

JetBlue Airways’s “Equal Weight” Rating Reaffirmed at Morgan Stanley (JBLU)

Morgan Stanley reiterated their equal weight rating on shares of JetBlue Airways (NASDAQ:JBLU) in a report issued on Monday morning, MarketBeat.com reports. The brokerage currently has a $29.00 target price on the stock. Several other research analysts also recently commented on JBLU. Vetr downgraded JetBlue Airways from a buy rating to a hold rating and […]

Morgan Stanley Reiterates Overweight Rating for Delta Air Lines (DAL)

Delta Air Lines (NYSE:DAL)‘s stock had its “overweight” rating reiterated by investment analysts at Morgan Stanley in a research report issued on Monday, AnalystRatings.Net reports. They currently have a $62.00 price objective on the stock. Morgan Stanley’s target price would indicate a potential upside of 27.84% from the stock’s previous close. In related news, CFO […]

Southwest Airlines Earns Underweight Rating from Morgan Stanley (LUV)

Southwest Airlines (NYSE:LUV)‘s stock had its “underweight” rating reissued by Morgan Stanley in a research report issued on Monday, Market Beat.com reports. They currently have a $42.00 price objective on the airline’s stock. Morgan Stanley’s price objective would indicate a potential upside of 1.89% from the stock’s current price. Several other equities research analysts have […]

Xilinx Short Interest Down 17.3% in September (XLNX)

Xilinx (NASDAQ:XLNX) was the target of a large decrease in short interest during the month of September. As of September 15th, there was short interest totalling 9,988,282 shares, a decrease of 17.3% from the August 31st total of 12,074,436 shares, MarketBeat.com reports. Based on an average trading volume of 2,974,372 shares, the short-interest ratio is […]

RBS Stock Rating Reaffirmed by Barclays (RBS)

RBS (LON:RBS)‘s stock had its “equal weight” rating reaffirmed by analysts at Barclays in a research note issued to investors on Monday, Market Beat.com reports. They presently have a GBX 350 ($5.43) price target on the financial services provider’s stock. Barclays’ price objective would suggest a potential upside of 12.43% from the stock’s current price. […]

Up to 70% of Mobile Networks being Spied on by the NSA

The Intercept released a new report that shows roughly 70% of mobile phone networks around the world are being spied on by the US National Security Agency, otherwise known as the NSA. In this report, claims are made that using Auroagold, a secret program, networks are being eavesdropped on. However, this is not something new […]

Starbucks Opens New Seattle Roastery and Tasting Shop

Starbucks is known for creating some of the finest java available but also pushing the envelope when it comes to innovation. Now, the company has opened a castle of coffee in Seattle Washington, named Starbucks Reserve Roastery & Tasting Room. Unlike the more conventional Starbucks locations, this is truly a coffee emporium. The size of […]

US Bebe Stores Confirm Data Breach

The list of big retailers added to the list of breached companies just keeps growing. This time, US Bebe stores have experienced a data breach. According to a reliable source, the women’s clothing store has fallen victim to hackers, which involved both credit and debit card information belonging to customers. The data breach was first […]

Sony Selling 20th Century Anniversary Grey PlayStation 4

On December 3, 1994, the original PlayStation was unveiled in Japan to the delight of millions of gaming enthusiasts. Over the years, several newer versions of PlayStation have been launched, each more successful than the one before. Now, Sony will offer a limited edition PlayStation 4 that is sold with the original grey finish reminiscent […]

Starbucks to Offer Delivery Service in 2015

Starbucks has said it would offer delivery service on its mobile app across a select number of cities in the U.S. The service will start in 2015. Previously the coffee house said it would accept orders ahead of time for smartphone or tablet users, an option that is intended to move customers in and out […]

Anheuser-Busch InBev Announces Earnings that Miss

AB InBev SA released its quarterly earnings information on Friday. The beer maker reported earnings per share of $1.42, which missed the estimate by Wall Street of $1.53. The company posted revenue of just over $12.23 billion for the same period compared to Wall Street estimates of $12.5 billion. In the same quarter one year […]

Citigroup Setting $600 Million Aside for Legal Fees

Citigroup Inc announced it would set aside another $600 million for legal fees during the third quarter because of rapidly evolving inquires involving regulators. The banking group also disclosed it was subject to probes dealing with foreign exchange. The bank is one of the six major banks that likely will settle with the Financial Conduct […]

Amazon’s Black Friday Starts on Saturday November 1

Amazon.com said it was kicking of its shopping season for the holidays on November 1. On Saturday, it will launch a number of Black Friday offers as it attempts to juice up its sales for the important last quarter of the calendar year. The company said it would be offering two deals per day from […]

Majority of Stocks Up in U.S. Following GDP Growth

Most of the stocks in the U.S. were up as just released data showed growth that was faster than had been expected, fueling new speculation that the economy is sufficiently strong to withstand an increase in interest rates. Visa Inc was up 9% and rival MasterCard Inc spiked by 7.2% as the largest two payment […]

Time Warner Cable Lowers Its Forecast

Time Warner Cable the huge cable company is awaiting approval for a merger with Comcast Corp. On Thursday, it reported profit that did not meet Wall Street expectations and cuts its forecast for sales as its video subscribers continue to leave. Earnings for the third quarter, excluding certain items, were down to $1.86 per share, […]

Profit Spikes at Volkswagen on Porsche and Audi Sales

Volkswagen the Germany based automaker posted an operating profit that was higher than had been expected for the third quarter, helped by Chinese and European buyers of its two luxury models Porsche and Audi. Underlying earnings at the largest automotive group in Europe were up 16% to reach 3.23 billion euros, said VW Thursday. That […]

Altria Profit Up on Higher Cigarette Prices

Altria Group Inc, the maker of Marlboro cigarettes, saw slightly higher profit during the third quarter, as prices increased on cigarettes to help offset the continual decline on the amount of cigarettes purchased. The company owns the largest maker of cigarettes in the U.S. in Philip Morris USA and posted its earnings on Thursday of […]

Osama Bedier: Former Executive at Google Unveils Payment Terminals

The former Google Wallet chief, Osama Bedier, started his own payment company that is set to compete with the likes of Verifone Systems Inc and an array of payment startups. Bedier’s company, Poynt Co. will start today taking pre-orders for its payment terminals that accept mobile and credit card payments in stores. The terminals will […]

McGraw Hill Hit With Charge of $60 Million in Probe by SEC

The Standard & Poor’s Ratings Services parent company McGraw Hill said it was taking an accounting adjustment of $60 million related to the ongoing discussions it is currently having with state and federal regulators over six real estate deals involving commercial property that were graded by the firm in 2011. News of the charge to […]

Phillips 66 Doubles Profit

Philips 66 the largest refining company in the U.S. by market value has reported a spike in cash during the third quarter as lower prices of crude oil spurred a doubling of the profit. Net income ended at $1.18 billion equal to $2.09 per share compared to last year during the same period of 87 […]

Durable Goods in U.S. Drop 1.3% During September

Orders to companies in the U.S. for long term manufactured goods dropped for the second straight month during September, while a critical category that signals the investment plans for business dropped by its biggest number in the past eight months. However, analysts view the declines as only temporary, and believe they will be followed by […]

Business Morale in Germany Weakens to Low of Two Years

Business sentiment in Germany darkened during October for the sixth consecutive month, hitting its lowest point in close to two years. This suggests that the largest economy in Europe could be headed toward a tough ride during the current fourth quarter. Ifo, the think tank based in Munich released its business climate index in Monday, […]

Merck Stock Dips on Revenue that Misses

Merck had mixed news on Monday as the company announced that it had been granted a designation of breakthrough therapy by the FDA for its treatment Keytruda for melanoma. However, despite that designation, which helps to fast track the development of the drug, shares of Merck slipped during early trading Monday after the pharmaceutical company […]

Microsoft Slashing Price of Xbox One

Microsoft previously announced that it was cutting the price of its Xbox 1, which is still not even a year old. That time the software giant cut the price by $100 when the Kinect camera accessory was removed. Now, another $50 is being cut off, as the holiday shopping season inches closer. The company hopes […]

Proctor & Gamble Spinning Off Duracell

Proctor & Gamble announced it was spinning off its Duracell battery division. The company says the decision was to boost its stock price and to lower the amount of outstanding shares. It hopes to offer shares of standalone Duracell to shareholders late in 2015, but said there were other options possible, including possibly selling the […]

Profit at Ford Slides

Ford has reported declines in both the top and bottom line for its third quarter earnings. The shareholders are not happy, but the company maintains there is reason for a lot of hope. Ford Motor Co reported revenue for the third quarter of $34.8 billion down by 0.9% from the third quarter of last year, […]

Bristol-Myers Results Top Wall Street

Bristol-Myers Squibb reported results for the third quarter that were better than had been expected as strong sales of its arthritis, cancer and blood clot treatments helped the company offset its sharply higher taxes. The news helped send the company stock up by 2.6%. The drug maker, based in the U.S., said Friday it had […]

United Parcel Service See Increase in Shipments for December

UPS announced its revenue had increased by 5.7% during the just completed quarter, which was boosted by higher numbers of deliveries from overseas. UPS added as well that it expects shipments during December to increase by 11% compared to the same period one year ago. The third quarter numbers for the company beat Wall Street […]

Earnings at Under Armour Do Not Impress

Under Armour earnings on Thursday topped both the top and bottom lines but the gains did not impress investors as the stock went into the red. The athletic apparel maker reported revenue for the third quarter of $937.8 million, which was up 30% from the same quarter one year ago. The company’s net income was […]

Dunkin’ Brands Say Established Stores Will Be Weaker

Dunkin’ Brands Group warned on Thursday that sales for this year at its established Dunkin’ Donuts shops in the U.S. will be weaker that had been originally forecast as more competition attempts to take a bite out of the breakfast business. Shares at Dunkin’ Brands, which receives nearly 75% of all its revenue from its […]

Target Eyes Turnaround for Holidays with Free Shipping

Target Corp is betting that its offer of free shipping, additional advertising and over 35,000 new products will fuel a turnaround that is much needed for the holiday season. The changes are part of the retailer’s refocus on offering its shoppers better value and on customer service since Brian Cornell took the helm as the […]

Profit at Dow Chemical Beats Wall Street

Dow Chemical Company reported a profit that was better than had been expected as margins increased for the ninth consecutive quarter in its plastics division, which is its biggest, due to low raw material costs. Shares in the No. 1 (sales) chemical maker in the U.S. rose by 3% prior to the closing bell. The […]

Coke Ready to Cut Costs Due to Flat Soda Sales

Coca-Cola announced that it is planning to slash its costs by over $3 billion per year after the biggest beverage maker in the world reported sales that disappointed on soda volume that was flat. The company, based in Atlanta said it would reach its goal of cost cutting by 2019 via a number of measures, […]

eBay Board Member Marc Andreessen Leaves

Mark Andreessen a pioneer of web browsers resigned from the eBay Inc board ahead of the marketplace’s planned spinoff of its payment system unit PayPal. Andreessen resigned following his verbal battle with Carl Icahn an activist investor over PayPal. Andreessen is 43 and co-founded Netscape. He is also a director on the board of Hewlett-Packard. […]

Kindle Voyage One of the Best

The different Amazon Kindles have for a long time been the most popular of e-book readers available, but it does not means they always have been the best from a standpoint of technology. Amazon was beaten by Barnes & Noble to the punch when it came to a front light and Amazon was eclipsed by […]

IBM Misses Wall Street Number

Shares of IBM were down almost 8% during Monday premarket trading and by almost 12% at 10:30 ET in New York. The plunge in share price came after IBM reported a huge miss in earnings that was exacerbated by sharp losses from its discontinue operations and a report it will be paying over $1.5 billion […]

GE Increases Most in 2014 as Profit Gets Boost

General Electric posted profit that beat estimates of analysts for the third quarter as cost cutting measures helped boost its margins in its industrial business that Jeffrey Immelt the CEO is attempting to grow. General Electric surged more than any other time this year as operating margins in the industrial business, a gauge watched closely […]

JC Penney Takes Executive from Home Depot

JC Penney the troubled retailer hopes that a change at the top will provide a much needed performance change. The retailer announced on Monday that it appointed Marvin Ellison, an executive with Home Depot as its new CEO and President, while Mike Ullman the current CEO will move to the JC Penney board in an […]

Ford to Add over 800 Jobs for F-150’s

On Monday, Ford Motors announced it was adding 850 new jobs to build the new 2015 F-150 truck in Dearborn, Michigan. This is the most advanced pickup the automaker has made in 66 years. The new workers will be spread out between a number of facilities that make up Dearborn’s Ford Rouge Center. Nearly 550 […]