2015년 2월 2일 월요일

Bidness Etc - Afternoon Update (February 2, 2015)

Bidness Etc

Bidness Etc Newsletter

Summary for February 2, 2015

Technology

What Does Cantor Fitzgerald Think Of LinkedIn (LNKD) Ahead Of 4Q Earnings?

Cantor Fitzgerald expects LinkedIn to report strong 4Q results on Thursday; Bidness Etc looks at the reasons why
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Apple Inc. (AAPL), International Business Machines Corp. (IBM) To Release 12 More Business Apps

Apple and IBM set to extend their partnership; hope to release a total of 100 apps by the end of 2015
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Google Inc’s (GOOGL) YouTube Aims To Attract Super Bowl Bowl Viewers

YouTube intends to monetize Super Bowl commercials watched by viewers on its site. Nearly 115 million are expected to watch the game
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Pitney Bowes Inc. (PBI) Plummets On 4QFY14 Earnings Report

Pitney Bowes shares are down more than 8% after the company's EPS missed the Street's expectations
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Apple Inc. To Sell $5 Billion In Bonds

A SEC filing reveals Apple is set to sell more debt
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Has Alibaba Group Holding Ltd (BABA) Stock Bottomed Out?

Alibaba shares plummeted last week as the company’s reported top-line disappointed the Street; Bidness Etc believes that the stock price is set to rebound
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German Federal Cartel Office Approves CSR (CSRE) Acquisition By Qualcomm (QCOM)

The German Federal Cartel Office has approved the merger deal between CSR and Qualcomm; approval from China, Japan, South Korea, and Taiwan still pending
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Amazon.com, Inc. Expands College Presence To Boost Sales

Amazon has entered partnerships with Purdue, UMass Amherst, and the University of California to develop co-branded websites for the retail of college material for students
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Apple Inc. Stores To Install Safes For The Gold Apple Watch Edition

Apple retails stores to get new safes to house the gold variant of the Apple Watch Edition smartwatch, as employees get new uniforms
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SpaceX Unveils New Video Of Falcon Heavy Reusable Rocket

SpaceX has had considerable hype over the last few weeks and is looking for it to continue with its animated video of the Falcon Heavy rocket
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Google Inc (GOOGL) Shares Are Attractively Valued, Says Argus

Argus analyst Joseph Bonner reiterated a $675 target price and a Buy rating on Google shares. Bidness Etc discusses the rationale behind the analyst’s Buy rating on the stock
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Buy The Weakness In Yahoo! Inc. (YHOO): JPMorgan

JPMorgan has maintained a bullish stance on Yahoo stock on account of its recent move to spin off its Alibaba holdings to realize added tax benefits
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A Competitor For Apple Inc.’s (AAPL) Apple Watch, Pebble, Sells Over A Million Smartwatches

The long-awaited Apple Watch might be coming in April, but a crowdfunded startup – Pebble – is already making inroads in the industry
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Huge Possible Upside In Advanced Micro Devices, Inc. (AMD); Barron’s

Barron’s Asia writer Robin Blumenthal mentions AMD in a positive light and notes that the company can benefit from its ongoing diversification
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Fitbit Surge: A Review

Bidness ETC presents a detailed overview of the Fitbit Surge
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Apple Inc. Pushes Developers To Ready Apple Watch Apps By Mid-February

Apple has urged developers to release their versions of apps compatible with the Apple Watch this month, probably in a bid to pre-test and streamline the workings before the wearable is released
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SunTrust Robinson Humphrey Drops Alibaba Group Holding Ltd Price Target To $110

SunTrust Robinson Humphrey analyst Robert Peck cut his price target on Alibaba to $110 (from $120), and maintained a Buy rating
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Industrials

Raymond James Upgrades Delta Air Lines (DAL) Stock

Raymond James has upgraded Delta from ”Buy” to ”Strong Buy”, keeping the price target unchanged at 60 per share
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Why US Airlines Are Trading In The Red On Monday

Following a rebound in the prices of WTI Crude Oil front month futures, US Airlines are trading in the red today
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Consumer Discretionary

Why SYSCO (SYY) Stock Is Falling Today

After having faced close scrutiny from the Federal Trade Commission pertaining to its merger with US Foods, SYSCO Corporation has offered to sell 11 distribution centers to pacify investors’ concerns and close the deal, pushing the stock lower today
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Credit Suisse Lowers Price Target On Deckers Outdoor Corp (DECK) Stock

Credit Suisse lowers Decker’s target price from $90 to $82, citing the retail channel's underperformance
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Why Shake Shack Inc (SHAK) Stock Could Tumble To $30 This Week

Shake Shack could move sharply lower this week, following a spectacular IPO that led the burger chain’s shares to double on Friday
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Tesla Motors (TSLA) Needs To Build An Electric Truck – And Soon

After talks about super-fast sporty electric sedans and mass-market electric cars, Tesla may want to diversify its product portfolio with an electric truck. And developments from rivals suggest Tesla should hurry
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Cantor Fitzgerald Weighs In On Yelp (YELP) Stock Ahead Of Q4 Earnings

Cantor Fitzgerald analyst reiterated a Buy rating, with a $83 target price, on Yelp shares, following expectations of strong fourth-quarter results. The results will release will on Thursday after the market close
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Energy

Why BP plc (ADR) Plans To Cut Capital Spending In 2015

BP gets aboard on the trend of cutting back on capital spending by announcing a 10% cut in the budget for this year, amid tumbling crude price and growing pressure on upstream companies to maintain liquidity and investor confidence
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Why Morgan Stanley Is Selling Oil Storage Units

Morgan Stanley is reportedly looking to sell its oil storage units, as the company plans to exits the commodity trading business. Bidness Etc discusses the firms which might be interested in the deal with Morgan Stanley
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Why Chevron Corporation (CVX) Is Exiting Poland

Chevron Corp has pulled out of Poland, where it had shale-related drilling activities. Bidness Etc takes a look at what prompted the move
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Why Transocean (RIG) Stock Is Rising Despite Downgrades From Jefferies And Raymond James

Bidness Etc takes a look at the sell-side analysts who became bearish on Transcoean stock today
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Healthcare

Gilead Sciences, Inc.’s (GILD) Sovaldi Faces Patent Opposition In India

Gilead is looking at another pre-grant opposition to its patent application for Sovaldi in India, on the grounds of the drug being ineffective
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Morgan Stanley Lowers Price Target On AbbVie (ABBV) By 10%

Morgan Stanley reduces its price target on AbbVie stock from $72 to $65, due to biosimilar uncertainty
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Novartis Wins FDA Approval For Ocular Allergy Solution, Pazeo (TM)

Alcon, the eye care division of Novartis, has announced that the FDA has approved Pazeo (TM), its ocular allergy itch relieving solution
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JPMorgan Chase & Co Downgrades Ophthotech Corp (OPHT) Stock To Neutral

JP Morgan has downgraded Ophthotech from Overweight to Neutral, maintains $60 target price
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