Ticker HOC
Comments »Monthly Archives: April 2011
Flash: Nordstrom reports Mar same store sales +5.1% vs +1.4% Retail Metrics consensus
Ticker JWN
Comments »Flash: Kohl’s reports Mar same store sales -6.5% vs -9.1% Retail Metrics consensus
Ticker KSS
Comments »German Solar Power Plant Gets $5M from GOOG
Flash: JC Penney reports Mar same store sales -0.3% vs -3.9% Retail Metrics consensus
JCP
Comments »Flash: Clean Harbors Price Target Raised to $120 at RBC Capital Mkts
Ticker CLH should see a boost.
Comments »GameStop, GME, Opens For Business on FB
March Revenues Up For DRAM Makers
Upgrades and Downgrades This Morning
Upgrades
QCOR – Questcor Pharma target raised to $24 at Maxim Group
GOOG – Google: Continued solid U.S. CPC growth in 1Q – Kaufman
BBBY – Bed Bath & Beyond target raised to $58 from $51 at Oppenheimer
ITMN – InterMune target raised to $58 from $47 at Oppenheimer
LVS – Select casino/gaming names ticking higher; Hearing LVS, WYNN and MPEL estimates raised at JPMorgan
HOC – Holly target raised to $70 from $66 at RBC Capital Mkts
CLH – Clean Harbors target raised to $120 from $107 at RBC Capital Mkts
COG – Cabot Oil & Gas upgraded to Neutral from Sell at Lazard
APC – Anadarko Petro upgraded to Buy from Neutral at Lazard
HNR – Harvest Natural upgraded to Buy from Neutral at Lazard
HERO – Hercules Offshore upgraded to Buy at Global Hunter Securities; tgt raised to $7
Downgrades
MON – Monsanto Q2 results slightly beat but annual guidance unchanged – Canaccord Genuity
ABT – Abbott Labs initiated with a Hold at Deutsche Bank; tgt $53
NKA – Niska Gas Storage downgraded to Hold at Stifel Nicolaus
AAWW- Atlas Air Worldwide Q1 EPS est lowered below consensus at Dahlman Rose on conservative view of block hours flown in the ACMI segment
UTHR, AMGN, CELG – United Therapeutics, Amgen (AMGN), Celgene (CELG) initiated with Neutrals at Citadel
PWER – Power-One target lowered to $10 from $14 at Northland Securities – following lowered guidance for Q1
ABC – AmerisourceBergen downgraded to Outperform from Strong Buy at Raymond James
Comments »Gapping Up and Down This morning
Gapping Up
BBBY +10.3%, BLUD +9.1%, PIR +8.6%, CHOP +4.6% (light volume), STZ +3.7%, LTD +3.3%, PBY +3%, M +2.4%, ZUMZ +1.8%, COST +1.3%, IRE +2.9%, UBS +2.3%, STD +1.6%, HBC +1.4%, BCS +1.4%, DB +1.2%, XNPT +72.4%, ZAGG +13.9%, IMGN +4.8%, AAU +2.9%, TSRA +2.5%, ISIL +2.0%, IL +1.9%, NVS +1.6%, WSM +1.3%, HERO +4.8%, CRM +1.8%, ELN +1.7%
Gapping down
XING -12.7%, INHX -10.6%, RT -9.9%, PWER -5.7%, FSC -3.1%, SI -2.1%, HOTT -2.1%, BUD -2%, BBL -1.3%, RIO -1.3%, MT -1.1%, NFLX -1%, NOK -1%
Comments »Initial Claims: Prior 388k, Market Expects 384k, Actual 382k
continuing claims 3.72 million- basically flat
Comments »
