2015년 2월 7일 토요일

Bidness Etc - Morning Update (February 7, 2015)

Bidness Etc

Bidness Etc Newsletter

Summary for February 7, 2015

Technology

Why Apple Inc. iPad Sales Could Decline Further This Year

Apple’s iPad sales may face another sharp decline during 2015, according to a research note published by KGI securities
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Facebook Inc Buys 56 Acres of Land In Menlo Park For Future Campus

Facebook has purchased 56 acres of land previously owned by Prologis Inc, which is estimated to be worth $400 million
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Why Credit Suisse Group Sees Upside In Micron Technology In 2015

Credit Suisse picks Micron Technology as the best memory company investment for 2015, from a pool of 900 companies
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Deutsche Bank AG Upbeat About Twitter Inc (TWTR) Stock For 2015

Deutsche Bank has reiterated a Buy rating on Twitter stock post 4Q results
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Tesla Motors Inc Might Reach Direct Sales Agreement With Connecticut

Connecticut might allow Tesla to sell its vehicles directly to consumers. However, certain restrictions may be placed on the automaker to protect local dealerships
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Uber Launches In-App Panic Button In India Bid To Provide Safety To Riders

Uber introduces new safety features for riders in India after the rape incident and promises stringent background checks on drivers
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Apple Inc. Begins Training Retail Staff For Apple Watch Launch

Apple has started training its retail employees to familiarize them with fashion retail methods and the techniques for selling the Apple Watch
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Citi Lowers Its Price Target On Yelp (YELP) Again, Following Soft FY15 Guidance

Citi reduces its target price on Yelp from $72 to $67, while maintaining a Buy rating on stock
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Consumer Discretionary

Here Is Why Barclays Lowered Target Price For Tesla Motors Inc (TSLA) Stock To $200

Barclays has reduced the price target for Tesla Motors stock to $200, over skepticism about the company’s ability to achieve future targets
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Billions Are At Risk As West Coast Shuts Down For The Weekend

Amid the ongoing labor dispute, all cargo freighters’ unloading and loading operations have been suspended at the US West Coast ports for the weekend. This could result in billions of losses for major US corporations Wal-Mart and Lululemon
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Goldman Sachs Raises Price Target On Michael Kors (KORS) Stock Following Strong Q3 Results

Goldman Sachs has increased its price target on Michael Kors from $95 to $96, citing 3Q performance future prospects
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Energy

Why BP Plc And Royal Dutch Shell Have Decided To Maintain Dividends Amid Falling Crude Price

Bidness Etc looks at why BP and Shell have announced to maintain dividends despite tumbling crude price and lower capital spending budgets
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Will Crude Price Continue To Surge This Week

Bidness Etc discusses how crude oil performed during last week, and investigates whether crude price will continue to surge Monday onwards
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Columbia Pipeline Partners (CPPL) Stock Soars On Debut

Columbia Pipeline Partners had a successful debut on the NYSE yesterday. The stock closed up 16.5% at $26.8
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Why The Street Is Losing Faith In Goodrich Petroleum Corporation (GDP) Stock?

Bidness Etc looks at how and why the sell-side analysts are losing faith in Goodrich Petroleum stock. The stock received seven target price downgrades and four rating downgrades this week
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Why Morgan Stanley Has Became More Bullish On Baker Hughes (BHI) Stock

Bidness Etc looks at the bullish views of Morgan Stanley analysts on Baker Hughes stock, following the Halliburton-Baker Hughes deal confirmation. Reasons for the analysts’ upward revision in target price and an Overweight rating on Baker Hughes stock are discussed below
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Financials

Wells Fargo & Co To Pay 4M For Credit Card Account Violations

Wells Fargo, found guilty of financial misconduct by the New York Department of Justice, settles for a $4 million fine
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Healthcare

AstraZeneca’s Fourth-Quarter, Full-Year Earnings Disappoint

As a result of disappointing fourth quarter and full-year 2014 results disclosed on Thursday morning, AstraZeneca stock slumped
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BMO Affirms Outperform Rating For Isis Pharmaceutical (ISIS) Stock

BMO affirms an Outperform rating for Isis Pharma stock, following the milestone payment from Biogen Idec for the development of neurodegenerative disease treatments
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Valeant (VRX) Maintains “Stalking Horse” Bidder Status; Raises Offer For Dendreon’s Cancer Vaccine

Valeant, in efforts to maintain its position of a leading bidder has amended its agreement to acquire Dandreon's assets for a hefty $400 million, compared to its original bid of $296 million
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Actinium Drops 25% After Announcing Pricing Of Public Offering Of Common Stock

Actinium stock shed about 25% following the announcement made by the company regarding the pricing of its public offering of common stock and warrants
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