2015년 2월 14일 토요일

Bidness Etc - Morning Update (February 14, 2015)

Bidness Etc

Bidness Etc Newsletter

Summary for February 14, 2015

Technology

Apple Inc. Apple Pay To Be Used For Government Transactions

At the White House Summit in Stanford University, Apple CEO Tim Cook discussed Apple Pay, its privacy and security, and its future of facilitating government transactions
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Cisco Systems, Inc. (CSCO) Price Target Raised To $36 At Argus

Analyst James Kelleher raised his price target for Cisco stock based on continued operating efficiency and strong cash generation for the latest quarter
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Burke & Quick Partners Upgrades American Express Company (AXP)

Burke & Quick upgraded American Express, citing favorable risk/rewards after Costco’s pullback
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What’s The Sell-Side Saying About Advanced Micro Devices, Inc. (AMD) Stock?

Bidness Etc analyzes the sell-side’s take on Advanced Micro Devices stock, to gauge the magnitude of bullish/bearish catalysts that might affect the company
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Merrill Lynch Bullish On Groupon (GPRN) Stock; Maintains Price Target

Bidness Etc takes a look at Merrill Lynch's Bullish stance on Groupon stock, given the company's solid fourth-quarter 2014 performance
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Expedia (EXPE) To Acquire Orbitz (OWW) Worldwide

Expedia has announced plans to acquire Orbitz worldwide for $1.6 billion, following in-line fourth-quarter results
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No Red Envelopes For Alibaba Group Holding Ltd (BABA) Employees

Alibaba Group will not be paying the Chinese New Year remuneration to its employees because the company did not have “exceptional” results in the past year
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Wedbush Increases Price Target On Candy Crush Developer, King Digital Entertainment

Wedbush increased the price target on King Digital stock from $20 to $23, following the release of strong guidance from the company
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Industrials

Deutsche Bank Upgrades Skywest (SKYW) To Buy Following Promising 4QFY14 Results

Deutsche Bank increases its price target on Skywest stock to $16; upgrades the stock to a Buy
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Northrop Grumman (NOC) Wins SEWIP Block III Contract From US Navy

US Navy assigns Northrop Grumman the $267 million contract for electronic warfare upgrade, titled the SEWIP Block III System
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Delta Air Lines, Inc. Reward Employees $1.1 Billion

Delta Air Lines will distribute $1.1 billion to its employees in light of an impressive FY14
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Airbus Group Scores US Army Helicopter Order

Airbus will deliver 41 additional Lakota helicopters and other defense equipment to the US Army
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Consumer Discretionary

After Cornering Tesla Motors Inc, BMW Is Planning To Go For The Kill

BMW is reportedly working on a plug-in hybrid vehicle that would slice in between the upscale i8 and the mass-market i3 to go directly in competition with Tesla Model S
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Tesla Motors Inc (TSLA), BMW, General Motors Company (GM) Fear Losing Their Talent To Apple Inc. (AAPL)

Apple is recruiting experts from the automobile industry to work on a project in a top-secret research lab
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Tesla Motors Inc (TSLA) Stock Is A Buy At $200 As Earnings Jitters Subside

Bidness Etc takes a look at the factors driving down Tesla stock and discusses it might be a good opportunity for investors to buy the stock at dips
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Ford Motor Company’s New F-150 Bags Another Accolade, As Canadians Express Their Love

Ford Motor Company’s aluminum pickup truck keeps mesmerizing the auto industry, as it claimed 2015 Canadian Truck of the Year title
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Volatile Week Expected For GoPro Inc As Lock-Up Expiration Looms

GoPro’s final lock-up will expire February 17, meaning an additional 76 million GoPro shares will become eligible for sale
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Here Is Why An Apple Inc. (AAPL) “iCar” Would Never Be A Threat To Tesla Motors Inc (TSLA)

Apple is reportedly planning to rival Tesla with an electric car of its own. Bidness Etc analyzes why an electric car from Apple would never be a threat to Tesla
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Wunderlich Sees A “Mixed Picture” For Groupon Inc (GRPN) After 4Q Results

Wunderlich Securities maintains its $6 price target and Hold rating on Groupon stock
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2017 Ford Motor Company (F) GT Stuns Audience At Chicago Auto Show

The 600-plus HP hypercar was presented in a liquid silver color at the Chicago Auto Show last week
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Societe Generale Downgrades Kellogg (K) Stock To Sell

Kellogg stock has been downgraded from Hold to Sell by Societe Generale, given weak performance from the cereal category
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Here’s Why Credit Suisse Downgraded Abercrombie & Fitch (ANF) Stock To Underperform

Credit Suisse analyst Christian Buss lowered rating on Abercrombie & Fitch from Neutral to Underperform, and revised down the target price from $25 to $21. Bidness Etc discusses reasons for the downgrade
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Energy

Imperial Capital Slashes Alpha Natural Resources, Inc. (ANR) Price Target

Imperial Capital lowered its price target on Alpha Natural Resources following its fourth-quarter results
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Why Total SA (TOT) Recorded A $6.5 Billion Asset-Impairment Charge

Total SA has recorded an asset-impairment chargehe of $6.5 billion as it realizes losses due to low oil price. The oil giant reported a net loss of $5.66 billion for the fourth quarter of FY14
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Financials

Merrill Lynch Downgrades American Express (AXP) Stock

Merrill Lynch downgrades American Express from Buy to Underperform, following a lower EPS outlook
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Credit Suisse Reduces Price Target On American Express (AXP), Stock Moves Down 3%

Credit Suisse decreases price target on American Express stock from $83 to $78, following its split with Costco
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Telecom

AT&T Inc. Gives More Options; Launches New 7 GB Data Plan

AT&T is launching a 7 GB data plan priced at $75 per month. It will also offer a $25 discount for users who subscribe to the plan, and sign up for a device through AT&T Next
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Healthcare

Japan’s Eisai Co., Ltd (ADR) Gets US FDA Green Signal For Thyroid Cancer Drug

Eisai announced Friday its potential blockbuster drug, LENVIMA, has won the US FDA’s approval to treat the most common strain of thyroid cancer
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Salix Pharmaceuticals, Ltd. (SLXP) Attracts Endo International’s (ENDP) Attention

Endo has approached Salix for an acquisition many times, only to be rebuffed by the drug-maker, sources report
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