2015년 2월 3일 화요일

Bidness Etc - Morning Update (February 3, 2015)

Bidness Etc

Bidness Etc Newsletter

Summary for February 3, 2015

Technology

Samsung Galaxy S6 With Metal Body To Be Unveiled On March 1

Samsung is set to unveil the Galaxy S6, which is expected to sport a metal chassis. The smartphone will also have a variant with curved edges, reminiscent of the Galaxy Note Edge
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Stratasys Ltd (NASDAQ:SSYS) Lowers Guidance; Stock Plunges 28%

Stratasys’ troubles continue in 2015, as the company lowers Q4 guidance and presents lower-than-expected outlook for 2015
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Smartphone Manufacturers Rally In Support Of Qualcomm, Inc. (QCOM) Snapdragon 810

Qualcomm confirms that more than 60 devices will be powered by the Snapdragon 810
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Apple Inc (AAPL), Amazon.com, Inc (AMZN) Lose Tablet Market Share

Data revealed by IDC shows that all the biggest tablet manufacturers, except Lenovo, saw their market share decline in the tablet market
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Alibaba And LendingClub Team Up

Alibaba has partnered with P2P lender LendingClub to help small businesses in the US secure financing for buying products from Chinese suppliers
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Apple Inc.’s Apple Watch: When It Hurts To Be Silent

Apple might need to be more vocal about its flagship smartwatch if it wants to build the right hype
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Facebook Inc (FB) Gets Buy Rating And $105 Price Target From MKM Partners

MKM Partners analyst, Rob Sanderson, reiterates $105 price target on Facebook, while maintaining a Buy rating
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Google, Amazon, Microsoft Corporation Pay Hefty Sums To Bypass Adblock Plus Filters

Internet giants Google, Amazon, and Microsoft have reportedly made large payments to bypass the threat of Adblock on their sites
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Walt Disney Co (DIS) Postpones Shanghai Theme Park Opening To 2016

Walt Disney has reportedly delayed the opening of its Shanghai theme park. The entertainment resort is now scheduled to open in the first half of 2016 instead of December this year
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RBC Capital On Twitter Inc: Upside Variance More Likely

RBC Capital analyst Mark Mahaney sees a higher probability of an upside variance for Twitter stock, based on factors such as user and revenue growth
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S&P Assigns “AA+” Rating To Apple Inc. Bonds

Apple’s $1 billion unsecured notes offering has been been given a “AA+” rating
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No Time Or Location Decided For Ant Financial IPO, Says Jack Ma

Alibaba Chairman says Ant Financial is still a “baby” and that he has not decided on a timetable for the offering
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Goldman Sachs (GS) To Help Spotify Raise $500 Million: WSJ

Spotify was widely rumored to have its IPO in 2015, but the odds for that deteriorated significantly after reports surfaced of an upcoming $500 million funding round, organized by Goldman Sachs
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Google Inc. (GOOGL) Earth Pro Service Is Now Free

Google drops $399 annual subscription for the Google Earth Pro application
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Alibaba (BABA) Resolves Issues With SAIC

Alibaba has resolved its issues with the Chinese regulatory agencies to end the sale of counterfeit goods on its platforms
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Apple Inc.’s (AAPL) New Tablet: iPad Pro Or iPad Plus?

Bidness Etc brings you some of the latest rumors about possible new devices from Apple Inc.
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What Does Cantor Fitzgerald Expect From Twitter’s (TWTR) 4Q Results?

Cantor Fitzgerald reveals expectations from Twitter’s 4Q results, ahead of its earnings release; holds a Buy rating on the stock with a $58 target price
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Goldman Sachs Raises Price Target For Dish Network (DISH) And T-Mobile (TMUS) Stocks

Goldman Sachs maintains a “Conviction Buy” rating for both Dish and T-Mobile stocks, declaring Dish a “big winner”
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Industrials

General Electric Company To Cut 45% Workforce In Lufkin, Texas

GE has warned the Texas Workforce Commission that its Oil & Gas segment would be laying off 330 employees
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Apple Inc. (AAPL) Likely To Get Hurt By Obama’s Off-shore Tax Reform

Obama’s proposed budget proposes a 14% one-time tax on foreign earnings paired with a 19% tax on a ongoing basis and if passed, will likely hit Apple’s foreign profits hard
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United Parcel Services, Inc. (UPS) Reports 4Q Financial Performance

United Parcel Services reported 4Q financial results on Tuesday, beating revenue estimates and meeting EPS estimates
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Basic Materials

Key Takeaways From Cliffs Natural Resources (CLF) Q4 Results

Bidness Etc provides a look at the key points from Cliffs Natural Resources’ fourth-quarter earnings release. The reasons that caused the stock to surge 12% in pre-market trade today are also discussed below
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Consumer Discretionary

Stocks Of Staples (SPLS) And Office Depot (ODP) Soar On Merger Speculation

Office supplies giants, Staples and Office Depot, are in advanced talks of a merger, causing the shares to surge in early action today. The merger awaits regulatory approval from the Federal Trade Commission
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Why Tesla Motors Inc’s (TSLA) Direct Sales Model Is A Good Idea

Latest research shows that Tesla dealerships and service stores scored the highest marks in a survey valuating customer experience
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Sneak Peek Of New Ford Motors (F) Focus Leaked Ahead Of Launch

Bidness Etc looks at speculations surrounding the specifications of Ford’s new performance hatchback. A picture of the vehicle has been leaked by Evo before the actual launch
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Target Corporation (TGT) Expands; Picks Up Small-Store Trend

The big box retailer is reaching a significant milestone this year by focusing on the smaller retail outlets instead of its conventional gigantic format, in a move to better fit denser urban areas
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Here is Why Shake Shack Inc (SHAK) Traded Lower

After receiving significant investor interest in its public listing, Shake Shack has declined more than 10% from its initial trading price
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Tesla Motors Inc (TSLA) Price Target Bumped Up To $385 At Global Equities

Global Equities Research has increased its price target on Tesla Motors stock on account of their belief that a strong dollar will be beneficial to the automaker’s sales and supply-chain mix
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Under Armour Inc (UA) Q4 Earnings Preview

Under Armour Inc will report fourth-quarter earnings tomorrow. Bidness Etc provides an overview of what to expect from the apparel retailer’s quarterly results
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RadioShack Corporation (RSH) Delisted From NYSE

The NYSE has announced that RadioShack will be delisted from the exchange, and that trading of the stock will be suspended immediately
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Why Avon Products, Inc. (AVP) Stock Rises Despite Downward Revision From Credit Suisse

Avon Products stock has received a downward revision in target price from $11.5 to $9 from an analyst at Credit Suisse.The analyst has reiterated a Buy rating. Bidness Etc discusses why the stock gained yesterday despite the reduced target price
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Can A Strong Dollar Really Help Tesla Motors Inc (TSLA) Stock?

Bidness Etc looks at Global Equities Research analyst Trip Chowdhry’s analysis that strong US currency will benefit Tesla Motors Inc
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Wedbush Maintains Price Target On GoPro Inc (GPRO), Reiterates “Outperform” Rating

Wedbush analyst Michael Pachter reaffirmed his price target of $98 on GoPro stock, while reiterating an Outperform rating
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EV Makers Reworking Math After Low Gasoline Prices

With gasoline prices hovering around $2 per gallon, consumers are calculating the real cost of electric vehicles
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Energy

Why Canadian Solar Inc (CSIQ) Acquired Recurrent Energy From Sharp (SHCAY)

Bidness Etc discusses the factors which caused Canadian Solar to acquire Recurrent Energy from Sharp Corporation for $265 million cash
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Anadarko Petroleum Corporation (APC) Reported A Q4 Loss; Here’s Why

Anadarko Petroleum reported fourth-quarter earnings yesterday. Bidness Etc looks at why the firm reported a quarterly loss of $395 million
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Why Aurelius Capital Continues To Accuse Petrobras (PBR) Of Violating Bond Terms

Aurelius Capital continues to oppose Petrobras and accuses it of breaching the terms of the bond contracts and explains investors why Petrobras is most likely to default
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Here’s Why BP plc (ADR) Reported A Loss For Q4

Bidness Etc looks at the key takeaways from the fourth-quarter results of BP and the reasons why the oil giant reported a quarterly loss
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Telecom

FCC Auction Results: AT&T Inc. Credit Rating Cut, Verizon Communications Unaffected, Dish At Risk

AT&T’s credit rating has been cut following higher-than-expected bids at FCC auction. Analysts believe that Dish’s rating may be impacted, while Verizon remains unaffected
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AT&T Inc. Looks To Sell Data Centers As FCC Auction Nears

AT&T won 251 licenses at the FCC AWS-3 auction, and with $18.2 billion in provisional bids, was the largest spender at the spectrum auction
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Verizon To Sell Assets Worth $10 Billion: WSJ

Verizon is set to sell assets worth $10 billion to pay off its enormous debt, according to a Wall Street Journal report
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Healthcare

AbbVie Inc (ABBV) Reports Positive Results From Phase III Study Of Hepatitis C Treatment In Japan

Top-line results announced for AbbVie’s two direct-acting antiviral treatment (2-DAA), in a Phase III study, for patients suffering from genotype 1b chronic hepatitis C infection has increased hopes for a potential approval to come soon
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Bluebird Bio Inc (BLUE) Rare Blood Disorder Drug Wins FDA Breakthrough Therapy Designation

The FDA has assigned a breakthrough therapy status to Bluebird’s beta-thalassemia major drug LentiGlobin BB305
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Sanofi SA (ADR) (SNY) Launches Inhaled Insulin Afrezza

Sanofi’s Afrezza will be the only inhalable insulin on the US market, providing the company a competitive edge in the diabetes treatment market
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Mylan Inc To Acquire Women’s Health Business From Famy For $800 Million

Mylan has announced an $800 million agreement with Indian generic drug maker Famy Care, under which it will acquire the latter’s women’s health-care business
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Ardelyx Inc (ARDX) Stock Down 30% After Kidney Drug Leads To High Diarrhea Rates

Ardelyx shares plunged as much as 32% during regular trading yesterday, after the company announced its lead kidney drug Tenapanor led to a higher-than-expected increase in diarrhea levels
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Eli Lilly (LLY) Wins FDA Approval For Type 2 Diabetes Drug

Eli Lilly has received approval for its diabetes drug, developed in collaboration with Boehringer Ingelheim, shortly after the company announced that it will be shifting its focus towards its diabetes, oncology and immunology portfolio
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Piper Jaffray Lowers Price Target On Arena Pharmaceuticals (ARNA) By 6.25%

Piper Jaffray reduces its price target on Arena Pharmaceuticals from $8 to $7.50, after restricting the price of new weight-loss drug, Belviq
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FDA Grants Breakthrough Therapy Designation To Genetech’s Cancer Immunotherapy

The FDA has given the second Breakthrough Therapy Designation to Genentech's cancer immunotherapy MPDL3280A (anti-PDL1), for non-small cell lung cancer, which has increased the chances that the drug will get expedited approval this year
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Commodities

Crude Oil Price Continues To Recover After BP Slashed FY15 Capex Budget

Bidness Etc looks at the factors which caused crude oil price to continue improving for the past three consecutive days, despite the announcement by BP and other oil majors to cut capital expenditure budget for 2015
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