2015년 2월 4일 수요일

Bidness Etc - Afternoon Update (February 4, 2015)

Bidness Etc

Bidness Etc Newsletter

Summary for February 4, 2015

Technology

Apple Inc. PC Shipments To Grow 10-15% In 2015: DigiTimes

Apple Inc. is all set to beat its past records that once again surpass the industry average
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Arista Networks Inc (ANET) Stock Drops On Citigroup Downgrade

Arista Networks has been downgraded to Neutral by Citigroup
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ARM Sheds Light On New Processor Design For Smartphones And Tablets

ARM’s new chip is set to bring immense power to your smartphones in 2016
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Samsung Group To Supply Processors To Apple Inc, Qualcomm Inc, NVIDIA Corp

Samsung’s potential contracts in the coming year could include the likes of tech giants Apple, Qualcomm, and NVIDIA
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Morgan Stanley Downgrades Stratasys, Ltd. Stock To Equal Weight; Slashes Target Price

Morgan Stanley downgraded Stratasys’ stock from Buy to Hold, citing prolonged investment plans
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Driverless Apple Inc. (AAPL) Cars Mounted With Cameras Spotted Roaming Bay Area And Brooklyn

The tech giant might be entering the self-driving, autonomous vehicle market with a Apple vehicle spotted sporting 12 mounted cameras
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Twitter Inc To Build New R&D Center In Bangalore

Twitter is continuously on the lookout for growth opportunities and is moving into emerging markets
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Pacific Crest Recommends Ambarella Inc (AMBA) Over GoPro Inc (GPRO)

Pacific Crest has come out in support of GoPro, but says that Ambarella would be a good choice for investors who prefer low volatility
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Driverless Cars And Why Uber Will Be America’s Next Big Automaker: Morgan Stanley

A report from Morgan Stanley suggests that Uber is on the path to becoming the fifth major automaker in the US
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New Adware Found In Google Play Apps

Google has suspended some apps from Google Play that were suspected of containing Adware
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Apple Inc. iOS 8 Adoption Hits 72% As Android Lollipop Lags

Apple announced today that the adoption rate for its iOS 8 operating system has increased, while the Android Lollipop adoption rate is miles behind
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Tesla Motors Inc Gets Buy Rating From Dougherty & Co, Despite Lowered Estimates

Dougherty & Company’s Head of Research, Andrea James, has maintained a Buy rating on Tesla stock, even after lowering her projections for the automaker for 2015
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Industrials

Delta Air Lines To Serve Starbucks Corporation Coffee On All Flights

Delta Airlines is all set to serve Starbucks coffee on-board all its flights, worldwide, in its efforts to enhance passenger experience
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Consumer Discretionary

UBS Increases Chipotle Mexican Grill (CMG) Price Target From $655 To $690

UBS analyst increases the target price for Chipotle Mexican Grill, but reiterates Neutral rating on the stock
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Clorox Co (CLX) Stock Rises On Q2 Earnings Beat

Shares of the consumer products maker rose during trade today after Clorox Co announced second-quarter earnings that surpassed consensus estimate. The company also provided earnings guidance for FY15
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Here’s Why Chipotle Mexican Grill Target Price Was Cut By $80 By Wunderlinch

Wunderlinch analyst lowered the target price on Chipotle Mexican Grill stock from $760 to $680, citing “sobering” guidance from the company
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Staples, Inc Falls, Office Depot Gains On Confirmation Of The Latter’s Acquisition For $6.3 Billion

Staples and Office Depot merger has finally been confirmed by the management of the two companies, as Staples announced today to acquire Office Depot for $6.3 billion. Staples stock dropped, while Office Depot stock gained on the merger news
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Why Ralph Lauren Corp (RL) Stock Is Falling

Ralph Lauren reported third-quarter earnings today. The stock has been falling since as the company fell short of analysts’ revenue and earnings expectations and guided down its FY15 revenue estimate
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Tesla Motors Inc P85D Beaten By Porsche 911 Turbo S In Close Race

Tesla Motors’ new Model S P85D gives the Porsche 911 Turbo S a hard time in a quarter-mile drag race
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BMW (BAMXY) Patches Flaw That Could Allow Hackers To Unlock Car Doors

BMW has reportedly fixed a glitch in its automobile security system that could have been used by hackers to unlock doors to more than two million vehicles
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Kohl’s Corporation (KSS) Stock Rises On Revised Guidance, Strong Comparable Sales

Kohl’s Corporation released data for comparable sales for the holiday quarter and released EPS guidance, which is higher than analysts’ estimates; the stock is up almost 6%
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What To Expect From Tesla Motors Inc (NASDAQ:TSLA) Q4 Sales And Production Numbers

Bidness Etc takes a look at the expectations from Tesla Motors Inc’s (NASDAQ:TSLA) fourth-quarter earnings and analyses whether the automaker will be able to meet its sales targets
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FBR Capital And RBC Capital Raise Price Target On Disney (DIS) Stock

FBR Capital has raised its target price for Walt Disney stock from $120 to $124, while RBC Capital has raised its target price on the stock from $100 to $110
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Citigroup Inc, Jefferies, BMO Hike Price Targets On Walt Disney Company After Robust Quarter

Citigroup, Jefferies, and BMO Capital have raised their price targets on Disney shares after the company recorded strong results in Q1FY15
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Chipotle Mexican Grill (CMG) Stock Still A Buy Despite Dismal Comps Guidance: JPMorgan

JPMorgan released a report today, reiterating its bullish outlook for Chipotle Mexican Grill after 4QFY14 results that included dismal comparable sales guidance
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Here’s Why Piper Jaffray Hiked PT For Target Corporation (TGT)

Piper Jaffray analyst Sean Naughton increased the retailers price target to $85, reiterating an Overweight rating
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Walt Disney Company Stock Hits Record High After Strong Q1 Results Lift Outlook

Disney shares are now trading at record highs after a strong first quarter performance led to an upbeat outlook for fiscal 2015
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Energy

Here’s Why Barclays Downgraded Vanguard Natural Resources (VNR) Stock

Barclays downgrades the stock from Overweight to Equal Weight, and lowers its price target on VNR stock by $12
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Why Finalization Of BP plc (ADR) 2010 Oil Spill Fine Might Be Months Away

Lawyers have said that the final verdict on the BP oil spill case could be months away, after the last phase of trial completed on Tuesday. Bidness Etc discusses why lawyers expect a delay in finalization of the oil spill penalty
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Why Kinder Morgan’s (KMI) Former CEO Expects Crude Price To Reach $65-75

Bidness Etc looks at why Richard Kinder of Kinder Morgan expects $65-75 to be the equilibrium price of crude oil, at which demand and supply of crude will most likely balance out
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Slow Progress In United Steel Workers Strike Resolution

Bidness etc takes a look at the latest developments regarding the USW strike at oil refineries
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Here Is Why Petroleo Brasileiro Petrobras SA (PBR) CEO Stepped Down

Bidness Etc takes a look at the reasons that caused Maria das Graças Foster to resign from her post of chief executive
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Financials

Bank Of America Corp Denied A Fresh Hustle Trial

A federal judge in Manhattan has rejected Bank of America's request for a new Hustle trial; the bank will reportedly appeal the court’s decision
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Healthcare

Gilead Sciences, Inc. Target Price Reduced To $116 At Piper Jaffray

Piper Jaffray analyst Joshua Schimmer reiterated an Overweight rating, with a revised down target price of $116 from $120, on Gilead Science stock, following the release of strong fourth-quarter results
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Pfizer Inc Breast Cancer Drug Wins FDA Approval

Breast cancer drug Ibrance, which is expected to be a blockbuster product for Pfizer in the long-run, has won the FDA’s accelerated approval
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How Sell-side Responded To Gilead Sciences (GILD) Q4 Earnings Release

Gilead shares received revisions from several analysts across the Street, following the release of strong fourth-quarter earnings yesterday. Bidness Etc looks at some of the major sell-side revisions on the stock
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Merck (MRK) Beats Street View: Earnings Review 2014

Merck surpassed analysts’ estimates for its fourth-quarter earnings for fiscal ’14
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