Monthly Archives: April 2011
Bahrain’s Government Tries To Convince Media Iran is Causing Rebellion
Data Shows Consumer Bankruptcies Trending Lower
Deustche Bank: “It’s Not Just Food And Energy Inflation Anymore”
Apax Partners To Buy Software Companies Epicor and Activant
Fed’s Lockhart: We’re in a Great Re-Balancing Act
Second Source in U.N. States Obama Administration Crushes Democracy in Bahrain In Exchange for Saudi Yes Vote on No Fly Zone
Android Takes Market Share From Apple’s iPod
Europe’s PPI Surges to 6.6% on Higher Oil Prices
Cocoa and Sugar Rise As Ivory Coast Rebellion Goes Largely Unnoticed
Ben Bernanke Smarter Than His Critics Thus far
McDonald’s To Hire 50k New Employees
FLASH: LUV Brings Back 33 Jets on Line
In Play and On the Wires
Upgrades and Downgrades This Morning
Upgrades
POT- Stifel’s latest price deck supports higher 2011 and 2012 earnings ests for fertilizer producers
NGG- National Grid upgraded to Hold from Sell at RBS
F- In-line March auto sales, supportive for OEMs and parts suppliers – RBC
CSX – CSX downgraded to Hold at Stifel Nicolaus
SPLS – Staples: Sales still soft, but components of rebound in place – Oppenheimer
HRS – Hearing upgraded at Suntrust
TZOO- March local deals growth strong (+25%); raising estimates on higher growth; raising target to $80 – Wedbush
KNXA – Kenexa target raised to $33 from $28 at Feltl & Co.; Q1 checks detail further elevated demand
ROK – Rockwell Automation target raised to $105 from $95 at Longbow
GOOG – Google: International checks solid; consensus margins appear conservative – RBC Capital Mkts
VZ – Verizon: RBC is raising their tgt to $41 from $39 on higher wireless ARPU estimates for 2011 and beyond
AAPL – Apple leverages market leadership during supply chain disruption, strong iPad 2 launch; target raised to $480 at Canaccord Genuity
PRFT – Perficient tgt raised to $15 at BGB Securities following Exervio acquisition
Downgrades
RAX- Rackspace downgraded to Market Perform from Strong Buy at Raymond James
ADS – Alliance Data downgraded to Market Perform from Outperform at Keefe Bruyette
Comments »Wall Street’s Trading Revenue Expected To Drop
S&P Marks The Largest Gain in Profits in 100 Years
Micron’s CEO Sells 225k Shares
Why Did the Fed Bailout Libyan Banks ?
Government Math is Always Wrong
How is it that congressional studies and government math is always a fraction of real costs?
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