2015년 2월 13일 금요일

Bidness Etc - Morning Update (February 13, 2015)

Bidness Etc

Bidness Etc Newsletter

Summary for February 13, 2015

Technology

Carl Icahn Defends Apple Inc (AAPL) Share Buyback Call

Talking to a CNBC reporter, hedge fund manager Carl Icahn defended his position on Apple and a stock buyback
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Apple Inc. iPhone 6S Rumored To Feature Force Touch Technology

Rumors have emerged which state Apple may be gearing up to include Apple Watch’s Force Touch tech on the new iPhone 6S
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Yahoo! Inc. To Layoff Workers In Canada

Yahoo CEO Marissa Mayer is under pressure from activist investors to reduce expenditures; In a bid to reduce costs, the company plans to terminate a number of employee contracts in Canada
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Baidu Inc (ADR) Price Target Trimmed To $249 At Deutsche Bank

Analyst Alan Hellawell III has lowered his price target for the stock following Baidu’s weaker-than-expected 4Q guidance
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New Apple Inc. TV To Become Center Of HomeKit: Piper Jaffray

Apple TV will allow the complete integration of connected devices in the HomeKit; the company is also set to release an updated set-top box before its TV, according to Piper Jaffray analyst Gene Munster
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Facebook (FB) Cares About Your Digital Legacy When You Die

In recent news, Facebook has launched a new feature where users can appoint a Legacy Contact to handle an account in the event of the user’s passing
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Micron Technology, Inc. And Seagate Technology PLC Sign Multi-Year Agreement

Seagate and Micron sign a multi-year alliance
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Zynga Inc (ZNGA) Falls After Weak Earnings, Lower Guidance

Shares of Zynga rallied down by more than 13% in pre-market trading today, as the company reported weak financials for the fourth quarter of 2014, and issued lower-than-expected guidance for 1QFY15.
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Apple Inc. Increases Size Limit For App Submissions On The App Store

Apple has announced on its official website for developers that it is increasing the size limit of apps submitted to the App Store from 2GB to 4GB
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Alibaba Group (BABA) And Tencent Holdings (TCEHY) Back Taxi Apps In Merger Talks

Alibaba and Tencent are trying to expand into businesses that will grow due to increasing smartphone penetration in China. They backed taxi apps, Kuaidi and Didi, in merger talks
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Here’s Why Citi Research Lowered NetApp Inc. (NTAP) Price Target To $39

Citi Research analyst Jim Suva has slashed his price target for NetApp, after the company reported various execution issues in its earnings report
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Why Stifel Ramps Up A Bullish Stance On FireEye Inc (FEYE) Stock

Analyst at Stifel has beefed up his target price on the Buy-rated FireEye stock from $45 to $48, after the security company reported neat billings bear and guides fresh path to profitability for FY15
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Inovalon Holdings (INOV) Fails To Impress On Debut

Tech firm Inovalon Holdings went into its debut with high expectations. The stock however finished flat on its debut day at $27
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JP Morgan, Goldman Sachs Bullish On FireEye (FEYE) After Positive Guidance

Analysts at JP Morgan and Goldman Sachs are increasingly bullish on FireEye stock following the company's better-than-expected results for Q4FY14, and strong guidance for 2015
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JP Morgan Analyzes Apple Watch’s Impact On LG Display

JP Morgan believes that the launch of Apple Watch would positively impact LG Display’s financial statements
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Bridgewater Cuts Stake In Apple (AAPL), Adds Microsoft (MSFT) Instead

Bridgewater trims Apple investment by half, increases Microsoft holding by 42 times
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Stifel Downgrades Baidu (BIDU) Stock To Hold, Removes Stock From The Select List

Stifel has downgraded Baidu (BIDU) stock from Buy to Hold, following weak first-quarter guidance for FY15. The firm has also removed the stock from the Stifel Select List
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US Senate Probes Samsung, LG Over Prying Smart TVs

Samsung and LG Electronics have been questioned about their Smart TV privacy policies in publicly released letters issued by Senator Al Franken’s office
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Motorola Solutions (MSI) Shares Rise On Emergency CallWorks Acquisition

Motorola shares rose when it announced it will acquire Emergency CallWorks
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Here’s Why Wells Fargo Is Bullish On NVIDIA Corporation (NVDA) Stock

Wells Fargo increased the target price on NVIDIA Corporation stock from $15-18 to $18-21, based on its FY17 earnings estimate and strong results for the January quarter
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Top 5 Free iPhone Apps For Valentine’s Day

With Valentine’s Day right around the corner, Bidness Etc decided to round up the 5 best free iPhone apps for the special occasion
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FireEye Inc (FEYE) Sees Huge Growth Potential In FaaS As Stock Rallies

FireEye stock is well in the green after a better-than-expected fourth-quarter earnings report
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Industrials

Merrill Lynch Increases Price Target On Kansas City Southern (KSU)

Merrill Lynch raised price target of Kansas City Southern from $123 to $128 per share, following meetings with the management
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Consumer Discretionary

Why Did Tripadvisor Inc Soar Yesterday?

TripAdvisor skyrocketed 22.5% yesterday after it beat revenues and posted an impressive 2015 guidance. Consequently, many sell-side firms have revised up their outlook on the stock
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JPMorgan Chase & Co Turns Bearish On Tesla Motors Inc Citing Execution Risks, Soft Guidance

Tesla stock was downgraded by analysts at JPMorgan after the automaker badly missed the Street’s 4Q estimates, fueling concerns about execution risks
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Tesla (TSLA) Manufacturing Battery Packs To Power Residential Areas

In the earnings call on Wednesday, Tesla CEO Elon Musk confirmed that the company is ready to launch electric batteries to power houses in residential areas
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Insider Selling: Ford Motor Company (F), QUALCOMM, Inc. (QCOM), Mastercard Inc (MA), Electronic Arts Inc. (EA)

Bidness Etc highlights the most recent insider selling activity for the stocks of Ford, Qualcomm, Mastercard, and Electronic Arts
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Tumbling Tesla Motors Inc (TSLA) Stock Could Spell Trouble For The Company

Bidness Etc takes a look at The Wall Street Journal article highlighting that Tesla could have a tough year ahead due to its high debt levels
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TripAdvisor Inc (TRIP) Price Target Increased From $95 To $108 At Deutsche Bank

Deutsche Bank analyst Lloyd Walmsley has raised his price target on TripAdvisor stock from $95 to $108 based on positive 2015 outlook
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Here’s Why Stifel Is Bullish On Tesla Motors Inc (TSLA) Delivery Outlook Despite Low Q4 Earnings

Stifel’s James Albertine has boosted Tesla delivery outlook for FY15, FY16, while maintaining $400 price target and a Buy rating on the stock
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What Goldman Sachs Has To Say About Rite Aid (RAD)-EnvisionRx Merger

Goldman Sachs has reiterated its Attractive Buy rating on Rite Aid stock, following its acquisition of EnvisionRx, which the firm says provides the pharmacy chain with compelling strategic options to enhance its offering in the specialty and mail-order segments
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Tesla Motors Inc (TSLA) Stock Is Worth $300 Despite Dismal Fourth-Quarter Results: Credit Suisse

Credit Suisse sees ample potential in Tesla stock and expects it to reach the $300 mark by 2016 once the EV maker launches its Model X electric car
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Energy

Seadrill (SDRL) Stock Plummets After Scrapping Petroleo Brasileiro Petrobras SA (ADR) Order Worth $1.1 Billion

Bidness Etc looks at the reasons that caused Seadrill stock to cancel orders worth $1.1 billion received from Petrobras. The offshore drilling company stock plummeted after the news was released
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Suntrust Downgrades Pioneer Natural Resources

Suntrust cut Pioneer’s price target to $158 and downgraded it to a Neutral based on reduced capital spending
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Is SolarCity Corp (SCTY) Stock A Buy Prior To Q4 Earnings Release?

Bidness Etc looks at how the Street expects SolarCity to perform its fourth-quarter results, to be released on February 18. The Street is fairly bullish on the stock, with Goldman Sachs rating it as a top pick in the US solar industry
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Is Exxon Mobil Corporation Preparing To Acquire BP plc (ADR)?

Bidness Etc looks at whether it is viable for Exxon Mobil to attempt a takeover of BP plc. Exxon does have the financial capacity, but whether it intends to proceed with the takeover remains to be seen
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How Apache Corporation (APA) Reacts To Tumbling Crude Price

Bidness Etc looks at how the lower crude oil price has impacted the US shale producers, especially Apache Corporation. Also, what Apache CEO has to say about the current low oil price scenario and the company's according response
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Here’s What The Royal Dutch Shell plc (ADR) CEO Might Speak About At The International Petroleum Week

Bidness Etc looks at what can be expected from the International Petroleum Week today, and what Shell CEO Ben van Beurden is expected to emphasize upon at the conference
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Financials

National Bank of Greece (ADR) (NBG) Up 25% After ECB Announces Loan

Greece’s banking industry surged on the news of a further aid package of 5 billion Euros from the European Central Bank
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Capital One (COF) In Pole Position For A Costco (COST) Tie-Up

With the AmEx deal set to expire in April 2016, Costco is on a hut for a new partner
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Telecom

Sprint Corp Ting MVNO Growth Lends Weight To Google’s Wireless Dream

Sprint’s MVNO, Ting Mobile, saw its subscriber base double in 2014. The recent success of small-scale MVNOs is a positive sign for Google, which will soon enter the wireless market
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3 Reasons Why Sprint Corp (S) Has Risen Over 19.8% In February

Sprint has risen over 19.8% during the month, driven by its better-than-expected earnings, RadioShack deal, and network improvements
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Healthcare

Insider Selling: MannKind Corporation (MNKD), Broadcom Corporation (BRCM), Colgate-Palmolive Company (CL), bluebird bio Inc (BLUE)

Bidness ETC highlights the details of the latest insider selling activity for the stocks of MannKind Corporation, Broadcom Corporation, Colgate-Palmolive, and bluebird bio
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Johnson & Johnson Launches 3 New Research Platforms Aimed At Disease Prevention

Johnson & Johnson’s new breakthrough research programs will focus on disease prevention, disease interception, and microbiome
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Ariad Pharmaceuticals (ARIA) Management Shakeup On Sarissa Capital’s Mind

Activist hedge fund Sarissa Capital is reportedly looking to replace Ariad CEO Harvey Berger, and may start a proxy war as soon as in the next few weeks
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Valeant Pharmaceuticals Intl Inc Gears Up To Extend An Offer To Salix Pharmaceuticals, Ltd.

Valeant is reportedly preparing to make an offer of more than $150 per share to buy Salix
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Shire (SHPG) Stock Shoots Up On Forecast Of Exceptional 2015

Shire traded up by more than 7% as the company forecast an exceptional 2015 following the NPS acquisition and the extended approval for Vyvanse
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Morning Call

MKM Sees Limited Earnings Growth For Microsoft Corporation (MSFT)

MKM Partners maintained its Neutral rating on Microsoft stock, foreseeing limited EPS growth
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Consumer Staples

Jefferies Lifts Target Price On PepsiCo, Inc. (PEP) On Upbeat 4Q Results

Jefferies analyst Kevin Grundy maintained a Buy rating and raised the target price on Pepsi stock from $111 to $113, following upbeat 4QFY14 results
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© 2015 - Bidness Etc

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