2015년 2월 4일 수요일

Bidness Etc - Morning Update (February 4, 2015)

Bidness Etc

Bidness Etc Newsletter

Summary for February 4, 2015

Technology

Citi Reduces Target Price On Stratasys, Ltd (NASDAQ:SSYS) Stock

Citi reduced the target price on Stratasys stock from $135 to $70 in a research note published today
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Twitter Inc Prepping New Homepage To Boost User Growth

Bidness Etc discusses the changes made to the Twitter homepage
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Apple Inc. Pushes Enterprise Sales With International Business Machines Corp. (IBM)

Apple is looking to strengthen ties with IBM to increase iPad sales, mainly in the corporate sector
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Tesla Motors Inc CEO Not A Fan Of Hydrogen Fuel Cell Cars

Tesla CEO Elon Musk recently said that hydrogen fuel cell vehicles are silly, and that everyone will agree with him in the future
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Cowen Group Expects LinkedIn Corp (LNKD) To Post Strong Q4 Results

Cowen Group analyst John Blackledge is positive that LinkedIn will post strong fourth-quarter results. Bidness Etc highlights the key takeaways the analyst expects from the earnings call on Thursday
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Take-Two Interactive Software (TTWO) Stock Rallies On Strong Q3 Results And Higher Outlook

Take-Two Interactive Software announced strong 3Q earnings, and gave positive guidance for FY14 on the back of strong GTA V and digital content sales
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Cisco Systems, Inc. Forecasts Mobile Data Traffic

Cisco released a multi-year visual networking index on mobile data traffic, forecasts 10-fold global mobile data growth in the next five years
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Insider-Selling Update For Stocks Of Bristol-Myers Squibb (BMY), SolarCity (SCTY), and Qorvo (QRVO)

Bidness Etc highlights the recent insider-selling transactions for stocks of Bristol-Myers Squibb, SolarCity, and Qorvo
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Alibaba Group (BABA) Starts Delivery Through Drones

Alibaba has started trial deliveries in Beijing, before moving onto Shanghai and Guangzhou
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FBR Capital Slashes Stratasys, Ltd. (SSYS) Price Target To $61

FBR Capital analyst Ajay Kejriwal downgraded Stratasys from Outperform to Market Perform on the back of weak 4Q demand trends
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Twitter Inc (TWTR) Gets Buy Rating And $61 Target Price From MKM Partners

MKM Partners analyst, Rob Sanderson, reiterates a $61 price target on Twitter stock, while maintaining a Buy rating
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LinkedIn Corp (LNKD) Stock To Outperform Going Into Earnings

LinkedIn will announce earnings results for the fourth quarter of fiscal ’14 after markets close on February 5. Bidness Etc tells you what to expect
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BTIG Remains Bullish On LendingClub (LC) Following Deal With Alibaba (BABA)

BTIG believes that LendingClub’s partnership with Alibaba, soon after its deal with Google, depicts the company’s potential reach and growth prospects
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Insider Selling: Yahoo! Inc. (YHOO), Groupon (GRPN), And eBay (EBAY)

Bidness Etc covers the recent insider-trade activity for stocks of Yahoo, Groupon, and eBay
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Apple Inc (AAPL) Expected to Release iOS 8.2 in March

Latest reports suggest that Apple is planning to roll out iOS 8.2 to the public sometime in March, before the Apple Watch starts shipping
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Alibaba Group Holding Ltd (NYSE:BABA) Faces Class Action Lawsuit Over Misleading Statements

A US-based law firm has filed a complaint against Alibaba, accusing the e-commerce giant of violating federal securities laws
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Twitter’s New Strategy Of Promoted Tweets May Help Embattled CEO

Twitter is seeking to earn revenue through promoted tweets on other websites and apps. Facebook’s response is awaited as the move may help CEO Dick Costolo retain his seat
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Netflix, Inc.’s (NFLX) New Unsecured Notes Get B1 Rating From Moody’s

Moody’s recently rated Netflix’s new senior unsecured notes, providing their rationale and financial arguments that could lead to the revision of the ratings
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Industrials

Credit Suisse Lowers Price Target On United Parcel Service (UPS) Amid “Peak Season Complexities”

Credit Suisse decreases its price target on UPS stock from $102 to $100, while maintaining a Neutral rating, as the e-commerce boom is expected to negatively impact the company
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Here’s Why Argus Downgraded Caterpillar (CAT) Stock

Argus has downgraded Caterpillar from Buy to Hold due to disappointing 4Q results and weak guidance for 2015
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Argus Raises Price-target For United Technologies Corporation (UTX) Stock After Goodrich Acquisition

Argus has increased the price target on United Technologies stock from $132 to $137, citing positive impact of the Goodrich acquisition
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Basic Materials

Merrill Lynch Downgrades Freeport-McMoRan (FCX) To Neutral; Also Lowers Price Target

Merrill Lynch analyst Oscar Cabrera downgraded Freeport-McMoRan to Neutral, and cut its price target from $23 to $19
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Consumer Discretionary

Credit Suisse Gives Outperform Rating To JD.Com (JD) Stock

Credit Suisse analyst Kevin Yin has assigned a $35 price target to JD.com with an Outperform rating
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Frozen Continues To Benefit Walt Disney Company (DIS); Reports Strong Q1 Earnings

Merchandise affiliated with its animated blockbuster “Frozen” continues to hold up Walt Disney’s financials, with first-quarter sales and earnings topping consensus estimates
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Is It too Late To Buy Shares Of Staples, Inc. And Office Depot (ODP)?

Shares of Staples and Office Depot have risen significantly on news of a potential merger. Bidness Etc looks at the valuation of the two companies to see whether it is a good option to buy the stocks at the current price
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General Motors Company Surges After Positive Fourth-Quarter 2014 Results

General Motors Company rallied in pre-market today, after reporting encouraging fourth-quarter earnings
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Is Apple Inc. Planning To Pin Down Tesla Motors Inc For Good?

Patently Apple has reportedly picked up the anomalous patent name “Apple Electric Car, Inc.”, which suggests that Apple might be planning on snapping up Tesla
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Cyclical Trends Show Walt Disney Co (DIS) Stock Could Go Past $100

A trader speculates that Disney stock is going to be very profitable in the coming months. The stock has shown high returns in the past, following the company's earnings release
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Macy’s Inc. Set For A Makeover; Acquires A Beauty And Spa Services Chain

Department store chain, Macy’s, has reported preliminary earnings for full-year 2014, above prior guidance. For growth purposes, the company has acquired Bluemercury
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Tesla Motor Model S Outsells Nissan Leaf For Second Consecutive Month

Bidness Etc looks at InsideEV’s January sales figure for Tesla Motors Inc’s Model S
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Ford Motor Company Raises Pay Rates Amid Strong Demand For F-150

Bidness Etc looks at an article posted by the Wall Street Journal, which highlights that Ford is looking to raise the wages of hundreds of employees
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Can Tesla’s (TSLA) P85D Beat Lamborghini Gallardo LP 570-4 After Software Boost

With a software boost to Tesla’s Model S P85D, it seems that the four-door family EV can finally take its revenge from Lamborghini Gallardo LP 570-4, after losing at the race last month
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Chipotle Mexican Grill, Inc. (CMG) Down On Disappointing Q4 Results

Bidness Etc looks at the 4Q earnings release of Chipotle Mexican Grill, Inc. The company experienced a dip in gross margins due to increased food costs
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AutoNation (AN) Stock Gains On Record-High Q4 Earnings

AutoNation reported earnings for the fourth quarter and FY14 today, beating the analysts’ estimates for revenue and earnings. This pushed the stock up over 5% and the stock continues to soar today
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Tesla Motors (TSLA) Stock Could Be Capped By Uphill Challenges In Asia

Bidness Etc analyzes Tesla’s prospects in Asia to determine whether current challenges in the region could hinder the stock’s performance
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Here’s Why Canaccord Genuity Downgraded Michael Kors (KORS) Stock

Canaccord Genuity downgrades Michael Kors from Buy to Hold, and reduces price target from $97 to $76, citing customers' habit of buying the company's products at reduced sale prices
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Energy

How BP plc (ADR) Might Get Involved In Another Lawsuit

Bidness Etc looks at what prompted the financial regulator Commodity Futures Trading Commission to start another investigation against BP, increasing the probability of the oil giant facing another lawsuit
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Why Petrobras SA (ADR) (PBR) Stock Jumped More Than 15% Yesterday

Bidness Etc looks at the new developments regarding Petrobras, in the face of the ongoing corruption scandal, which caused the stock to rally over 15% yesterday
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Why Fitch Ratings Downgraded Petroleo Brasileiro Petrobras SA (ADR) To The Brink Of Junk Rating

Fitch Ratings recently downgraded Petrobras’ credit rating to the lowest investment grade of BBB- from BBB, following downgrade by Moody’s. Bidness Etc looks at what prompted the recent downgrades
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Why BP plc (ADR) CEO Does Not Expect Crude To Hit $100 Anytime Soon

Bidness Etc looks at the reasons provided by BP CEO Bob Dudley for his bearish stance on crude oil price, since he does not expect it to hit $100 in the near future
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How Plunging Crude Oil Prices Are Forcing Companies To Lay Off Workers

Bidness Etc takes a look at how the sustained slump in oil prices has forced major oil companies to lay off workers as they look to reduce operational costs
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Why Howard Weil Downgraded Exxon Mobil (XOM) Stock To Sector Perform

Bidness Etc looks at the future outlook for crude oil and why Howard Weil Downgraded shares of Exxon and of other major integrated companies
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Telecom

AT&T Inc. Prepares To Fight FCC Over Title II Reclassification

AT&T and Verizon are ready to battle against the reclassification of the Internet as a public utility
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Sprint Corp Introduces $100 Monthly iPhone And iPad Bundle

Sprint Corp’s $100 monthly bundle for the iPad and iPhone allows users to save $17 per month. However, the offer expires on April 9
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Why Recent Earnings Are A “Make Or Break” For Sprint Corp (S)

Sprint stock has been unable to recuperate from its earlier dip following dismal 2Q results. Another weak quarter will further impact the carrier
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Healthcare

Gilead Sciences, Inc. Cuts Hep C Treatment Deal With Catamaran

Catamaran Corp announced yesterday, that it has decided to make Gilead’s hepatitis C treatment an exclusive option for the patients it covers
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Gilead Sciences, Inc. (GILD) Stock Slumps Despite Upbeat Q4 Results

Gilead shares shed 6% in after-hours after the discounts offered for the company’s hepatitis C drugs were revealed to be much higher than expected
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Valeant Pharmaceuticals Int Inc (VRX) Eyes Salix Pharmaceuticals (SLXP) As A Potential Takeover Target

Salix shares went up 5% Tuesday after reports surfaced that the company could be a potential acquisition target for serial acquirer Valeant
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Aetna (AET) Beats On Revenue; Raises 2015 Guidance

Aetna, traded up by 1.5% in early trading on Tuesday, after announcing a beat on revenue for 4Q, and positive guidance for 2015
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US FDA Grants Priority Review For Janssen's YONDELIS

Janssen Research & Development has announced that its treatment, Yondelis has been granted Priority Review status by the FDA for the treatment of advanced soft tissue sarcoma (STS)
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