2015년 2월 10일 화요일

Bidness Etc - Afternoon Update (February 10, 2015)

Bidness Etc

Bidness Etc Newsletter

Summary for February 10, 2015

Technology

What Pacific Crest Expects From Baidu Inc (ADR) (BIDU) Q4 Results

Pacific Crest analyst expects Baidu to report in-line 4Q earnings. The results are scheduled to release tomorrow after market close. Bidness Etc discusses why the firm expects Baidu to report in-line earnings
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Health-Tech Firm Inovalon Raises IPO Price Range Amid High Demand

Inovalon Holdings will debut this Thursday at the Nasdaq, with shares expected to priced between $24-26, instead of the previously guided $21-24
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IBM Watson, Japan’s Softbank Team Up To Make Robots Smarter

IBM's Artificial Intelligence wildcard Watson teams up with Softbank's Pepper in Japan to bring the world closer to its first fully sentient, independent robot
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Here’s Why Micron Technology, Inc. (MU) Stock Is Trading Up 9.1%

Following the release of an amended supply agreement with Inotera, Micron Technology stock is trading up by around 9.1% today
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Apple Inc. iPhone Grabbed 93% Of Global Smartphone Profits In Q4

Apple Inc.’s (AAPL) iPhone took away 93% of global smartphone profits, according to a Canaccord Genuity report
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Needham & Company Positively Views Yelp Inc Acquisition Of Eat24

Needham & Company analyst Kerry Rice weighed in on Yelp stock following the company’s takeover of Eat24 and revised up guidance of FY15 earnings
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Google Inc Pushes Accuracy In Health Tips In Latest Updates To Knowledge Graph

Google has enlisted the help of a number of health professionals to provide more factually accurate medical information on its soon-to-be-updated Knowledge Graph
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Netflix, Inc. On The Boat To Cuba

Netflix is one of the first US companies to enter Cuba after Washington and Havana renormalized ties. However, Cuba’s economy and infrastructure might prove challenging for the streaming giant
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Xiaomi, Lenovo To Benefit From Qualcomm’s (QCOM) Antitrust Fine

Qualcomm’s fine and subsequent settlement to lower royalty fees has opened an opportunity for local Chinese firms such as Xiaomi and Lenovo to cash in
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Here’s Why MKM Partners Slashed Yelp Inc’s (YELP) Target Price By 24%

MKM Partners analyst Rob Sanderson made a downward revision to his target price on Yelp following the company’s Q4 results that were released last week
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Here’s Why FBN Securities Is Bullish On Ambarella Inc (AMBA) Stock

FBN Securities has initiated an coverage on Ambarella stock with an Outperform rating and a target price of $70. Bidness Etc discusses why the firm is bullish on the stock
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Twitter Inc (TWTR) Stock Remains “Crapshoot”: Barron’s

Twitter might have gained heavily post-earnings, but Barron’s remains cautious about changing its approach to the stock
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Did Apple Inc. Just Receive A Patent For A Virtual Reality Headset?

Apple has secured a patent for a presentation wearable that may include a “faceplate,” which can send and receive audio-visual information. Bidness Etc examines the likelihood of this being Apple’s first VR set
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Cowen And Company Weighs In On Qualcomm, Inc. Following NDRC Settlement

Cowen and Company analyst maintains a bullish view on Qualcomm stock, following the company's deal with Chinese regulator National Development and Reform Commission (NDRC)
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Microsoft Corporation Boosts Bond Offering

Microsoft’s bond sale is largest of the year
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Why Yelp Inc (YELP) Stock Is Trading Up By 7.11% Today

Yelp announced upward revision in 1QFY15 and FY15 guidance, following which the stock traded up by around 7.11%
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Consumer Discretionary

CVS Health Corp Beats Q4 Earnings Estimate On Sales Driven By Specialty Drugs

CVS Health’s fourth-quarter earnings have topped estimates, climbing over 4% YoY. Lower sales from the decision to withdraw tobacco products from its pharmacies have been offset by growth in Medicaid business and higher specialty pharmacy sales
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Tesla Motors Inc’s Botched China Entry Could Cost Some Q4 Sales: Stifel

Stifel released a report to investors today that previewed Tesla's fourth-quarter 2014 performance
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Yelp Inc Takes Over Online Food-Ordering Service, Eat24

Yelp acquires leading online food-ordering service, Eat24, on Tuesday; stock is up 7.09% following the announcement
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BMO Capital Upgrades Hasbro (HAS) Stock

BMO upgrades Hasbro stock to Outperform, increases its target price on stock to $70
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Revised Up Q4 Guidance Sends Aeropostale Inc (ARO) Stock Up 17%

Aeropostale stock has soared 17% today, following the upward revision in fourth-quarter guidance and the appointment of new COO and CFO
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Operations In China And Japan Drag Down January Sales For McDonald’s Corporation (MCD)

McDonald’s is going through a crisis due to the recent food scandals in Asia. These problems have had a huge impact on the company’s January sales
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Old Navy Drives Sales Growth At Gap Inc ; Guidance Raised

Gap has posted preliminary fourth-quarter results, indicating sales growth of 3%, driven by 11% improvement in its Old Navy brand. The company has also raised its 2014 guidance but reported a comps decline of 3% during January that pushed the stock lower
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Daimler AG Seeks Top-Line Growth In China To Beat Out German Rivals

Daimler is aiming to ramp up sales in China this year to boost its top-line over and above that of its German rivals
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GoPro Inc (GPRO): All Is Not Lost

While attention has primarily shifted to negative headwinds affecting the action camera manufacturer, Bidness Etc would like to highlight that some things are still working for the company
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Starwood (HOT) Stock Rises On Strong Earnings, Timeshare Spinoff

Starwood stock soared as much as 7.48% in pre-market today, after the company beat analyst's expectations in earnings, and announced plans to spin off its Timeshare business
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The Coca-Cola Co Fourth-Quarter Earnings Fall Amid Cost-Cutting Initiatives

The beverage giant announced its fourth-quarter earnings today, beating both revenue and earnings estimates
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Energy

Transocean LTD (RIG) Stock Down 7% After 10.43% Gain Yesterday

Bidness Etc takes a look at the fluctuation in the price of Transocean stock as it shed 7.4% in trading today, after surging 10.43% yesterday
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Petroleo Brasileiro Petrobras SA (ADR) Faces New Lawsuit

Bidness Etc takes a look at the latest legal threat faced by Petrobras as the company continues to struggle with the worst scandal in its history
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Why Argus Downgraded Exxon Mobil Corporation (XOM) Stock To Hold

Bidness Etc discusses why Argus Research Company has downgraded one of the world’s largest integrated oil companies Exxon Mobil stock from Buy to Hold. Also, why the oil giant plans to reduce it share buybacks for the first quarter of FY15
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Talisman Energy Inc. (TLM) : Fourth-Quarter Loss Rises On Plunging Crude Oil Prices

Bidness Etc takes a look at key takeaways from Talisman Energy's fourth-quarter results
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Why IEA Expects Crude Price To Stabilize After 5-6 Years

Bidness Etc looks at the monthly report of crude inventory released by the International Energy Agency. Also, other important points contained in the report and why oil price might take 5-6 years to stabilize is discussed below
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Financials

Deutsche Bank Downgrades Fifth Third Bancorp

Fifth Third has been downgraded from a Buy to a Hold rating by Deutsche Bank as the analyst does not see any improvement in the company’s capital returns
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Telecom

Wireless Carriers Allow Phone Unlocking; Sprint Corp Users Not So Lucky

Most of Sprint’s older devices do not have a locking function or MSL code, and hence cannot be unlocked
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Healthcare

Why Barclays Upgraded Valeant Pharmaceuticals Intl Inc (VRX) Stock

Barclays upgraded Valeant’s rating and raised its target price as the pharma giant launches new products with high organic growth prospects
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