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Williams-Sonoma No Longer Immune To Promotional Pressures
Friday, August 29, 2014 - 7:01am | 310Read More...Williams-Sonoma (NYSE: WSM) closed down nearly 12 percent Thursday on a weaker than expected outlook suggesting the hardlines retailer is no longer immune to mounting competitive pressures in the sector. Street estimates and management guidance "could prove optimistic in an aggressively...
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2 Analysts Cut Targets After Sprint Cuts Prices
Wednesday, August 27, 2014 - 3:33pm | 185Read More...Sprint (NYSE: S) recent move to cut prices 25 percent spurred a couple of analysts Wednesday to do their own cutting. Canaccord's Greg Miller cut his price target to $5.75 from $7.50 and Barclays' Amir Rozwadowski cut his target to $6 from $9. Both analysts maintained Hold ratings....
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Golfing Is Lost In The Shuffle As Millennials Follow Different Course
Monday, August 18, 2014 - 1:39pm | 403Read More...A worldwide slump in the popularity of golf has lead to tough going for publicly traded companies that depend on the sport. Callaway Golf (NYSE: ELY) shares are down 10 percent year to date. Adidas (OTC: ADDYY), maker of TaylorMade golfing equipment, recently fired 15 percent of the golf...
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Rackspace Sinks, Q2 Report Mum On Possible Sale
Tuesday, August 12, 2014 - 12:43pm | 395Read More...Rackspace Hosting (NYSE: RAX) fell more than seven percent Tuesday after the company failed to offer insight into its possible sale and said second-quarter expense grew faster than revenue. Investors had feared the cloud services competition from Amazon, Google and Microsoft might hurt results...
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Analysts Like Solar City Q2's Expected 66% Sales Growth
Thursday, August 7, 2014 - 3:36pm | 306Read More...SolarCity (NASDAQ: SCTY), slated to post results Thursday after the bell, is among top picks of Goldman Sachs in the solar power sector. The company, which dominates the U.S. residential market for solar energy products and installation, is expected to post a loss of $0.99 per share on revenue...
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Analyst Round Up On Pandora
Friday, July 25, 2014 - 3:24pm | 286Read More...Pandora Media (NYSE: P) reported Q2 2014 earnings Thursday, releasing an EPS of $0.04 compared to analysts estimates of $0.03 and revenue of $218.90 million compared to consensus estimate of $218.51 million. Following its earnings, multiple sell-side analysts released coverage on the company...
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Canaccord Doesn't See Upside For Potash Going Forward
Friday, July 25, 2014 - 2:14pm | 106Read More...Following the company's second quarter results, Canaccord analyst Keith Carpenter maintained a Hold rating on Potash Corp. (NYSE: POT), but increased his price target from $33 to $34 Despite noting that Potash posted above consensus EPS results in the second quarter and increased its 2014...
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Analysts Debate: Is Amazon The 'Prophet Of No Profit'?
Friday, July 25, 2014 - 11:51am | 438Read More...Another quarterly report for Amazon (NASDAQ: AMZN), another sell-off. Shares were off more than 10 percent Friday after the company posted a net loss wider than expectations. Similar sell-offs accompanied reports in April and January, when Slate.com dubbed Amazon CEO Jeff Bezos "The...
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Deckers Trends Up On FQ2 Beat; Analysts Upgrade, Boost Targets
Friday, July 25, 2014 - 11:21am | 320Read More...Deckers Outdoor (NYSE: DECK) strong second-quarter results impressed investors, with shares trading up nearly 10 percent to $93.50 in pre-market action Thursday. The maker of UGG boots and Teva sandals posted a narrower-than-expected net loss for its fiscal first quarter, while its 24 percent...
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Facebook Lays To Rest Old Worries About Mobile Strategy
Thursday, July 24, 2014 - 4:04pm | 347Read More...Facebook (NASDAQ: FB) has largely laid to rest worries about its strategy for mobile computing that were among investors' biggest worry at its 2012 stock market launch. For its recent quarter, mobile ad revenue grew 153 percent to $1.66 billion or 62 percent of ad revenue, compared with...
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Canaccord Lowers Price Target On Qualcomm Amid 2015 Guidance
Thursday, July 24, 2014 - 2:00pm | 86Read More...In a noted released Thursday, Canaccord analyst T. Michael Walkerly maintained a Buy rating on Qualcomm (NASDAQ: QCOM), but lowered his price target to $90 based on a downward revision to his 2015 pro forma EPS estimate. The 2015 pro forma EPS estimate revision (from $5.98 to $5.60) is due to...
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Facebook Higher On Another 'Beat And Raise,' Analysts Boost Estimates
Thursday, July 24, 2014 - 12:00pm | 233Read More...Facebook (NASDAQ: FB) shares opened sharply higher Thursday on another "beat and raise" quarter and analysts boosted their forecasts. "The company is still very early in monetizing its user base" that includes 20 percent of the word's population," Canaccord's...
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Angie's List Shares Tumble On Weak Q2, Outlook; Analysts Slash Estimates
Thursday, July 24, 2014 - 11:37am | 258Read More...Angie's List (NASDAQ: ANGI) shares opened sharply lower Thursday on disappointing results and a weak outlook, as analysts trimmed estimates and expressed skepticism. Shares are down more than 20 percent. Although the company added 210,000 new members in the second quarter, the growth rate...
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Intel Analyst Round Up; Shares Up 8%
Wednesday, July 16, 2014 - 3:50pm | 251Read More...Shares of Intel (NASDAQ: INTC) are up more than 8.5 percent Wednesday after a slew of analysts released coverage on the company. Morgan Stanley reiterated an Equal-weight rating and raised the company's price target from $28 to $30. Barclays maintained an Equal-Weight rating, while...
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Canaccord Analyst Comments On Impact Of Apple, IBM Deal
Wednesday, July 16, 2014 - 8:42am | 196Read More...Apple (NASDAQ: AAPL) announced an unprecedented sales deal with IBM (NYSE: IBM) after Tuesday’s close. Although the deal is multi-faceted, investors are focused on the idea that IBM will begin selling iPhones and iPads to its business customers. “While Apple’s iPhone and...



