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Will Mircosoft’s (MFST) Xbox go the way of the Blackberry?
Posted by The Staff on May 30, 2012 4:46 PM
Apple's (NASDAQ: AAPL) CEO Tim Cook said recently that the company sold 2.8 million units of the Apple TV set-top box so far in 2012, beating last years numbers by a long shot. Meanwhile, Microsoft (NASDAQ: MFST) went out of their way to point out that Apple TV numbers pale in comparison to its Xbox 360 console. The stage is now set for a showdown between the two companies, as they compete in the living room.
Lumber Liquidators (LL) Brings the Lumber
Posted by The Staff on May 16, 2012 1:46 PM
Shares of Lumber Liquidators (NYSE: LL) are posting 52 week highs after housing starts were reported better than expected today. Lumber Liquidators beat estimates on both the top and bottom line when they reported earnings last month.
Analyst Laura Champine, of Canaccord Genuity, said recently that she expects gross margins at the company to improve in 2012, and as a result, she raised her price target on the company from $28 to $35.
E-Commerce China Dangdang (DANG) Sees Action Ahead of Numbers
Posted by The Staff on May 15, 2012 2:18 PM
Shares of E-Commerce China Dangdang Inc. (NYSE: DANG) are on the move today, ahead of financial data out later this week. The stock is up 12 percent intra-day, but still off 65 percent in the past 12 months.
Shares of Dangdang, dubbed the Amazon of China, made their IPO debut in December of 2010, when the stock jumped 87 percent on the first day of trading. Since then, the hype has faded, and Dangdang has done little to meet investor expectation.
DANG will report its financial results for the first quarter ended...
Bove Doesn't Back Down On JPMorgan (JPM)
Posted by The Staff on May 11, 2012 12:44 PM
Richard Bove, an analyst at Rochdale Securities, admitted that he was wrong when assessing the markets reaction to the 'London Whale' story, but today he reiterated his BUY rating on JPMorgan Chase & Co. (NYSE: JPM).
While discussing his views with Betty Liu of Bloomberg Television, he summed up his opinion in the following statement.
"At the end of day, the company is going to make a huge amount of money, the dividend is going to go up, and the stock buy-back programs are going...
Facebook Buddies-up with Bing, Sets Sights on Google
Posted by The Staff on May 11, 2012 10:10 AM
Facebook and Bing announced they are strengthening their relationship related to searchy. Baird Equity Research summarized the new relationship as follows:
"Essentially, Bing is enhancing the usefulness of search results by allowing people to consider input from their social contacts or experts on certain subjects, for example, on choosing a hotel in Hawaii or picking a new car."
Google (NASDAQ: GOOG) still has the largest chunk of the search engine market with 70 percent globally, and analysts at Baird don't think the Bing/Facebook buddy-up...
BofA Finds Intel (INTC) Compelling
Posted by The Staff on May 11, 2012 8:33 AM
Intel Corporation (NASDAQ: INTC) "outlined a compelling vision" according to a Bank of America analyst, who thinks Intel will ultimately crush its rivals.
"Intel's ability to design, manufacture and scale the lowest cost/highest performance transistors is in stark contrast to the execution challenges faced by its ARM-focused rivals."
The statements come after the company wrapped up its Analyst Day. During the conference, Intel highlighted how its 4-year lead in process and manufacturing can drive the next decade of computing devices for cloud, data center, personal computing, mobile and embedded applications.
Deckers (DECK) On Deck To Report Earning Thursday
Posted by The Staff on Apr 24, 2012 3:06 PM
Jefferies research expects Deckers Outdoor (NASDAQ: DECK) to beat EPS estimates when they report on earnings this Thursday, but they are planning to take a close look at the earning composition.
The biggest question mark in Deckers' product lineup is the "UGG" brand. After ten years as a top seller, questions are beginning to rise about the brands lifespan. Will it remain a staple brand or simply go out of fashion?
Jefferies analysts seem to think it will last, and they have a BUY rating on the stock, with a $120 price target. DECK was trading at $66.52 late Tuesday, down 2.75%.
Could Apple Go Intel's Way?
Posted by The Staff on Apr 23, 2012 3:53 PM
A Jefferies company note covering the semiconductor sector focused on risks to Taiwan Semiconductor Manufacturing Company (TSMC) (NYSE: TSM). The major risk highlighted by Jefferies focuses on the possibility that Apple (Nasdaq: AAPL) might choose Intel (Nasdaq: INTC) as its secondary source for semiconductors.
If Apple selects Intel, it would not necessary represent a huge win for Intel, since it would not add significantly to earnings near...
Micro-Cap Capstone Turbine (CPST) Sees Upside As Growth Intrigues Speculators
Posted by The Staff on Apr 20, 2012 1:44 PM
Capstone Turbine (Nasdaq: CPST) stock is up for the second day in a row after booking orders for 150 environmentally friendly microturbines in the last nine months and being highlighted for its efforts on CNBC.
The CEO of the micro cap company, Darren Jamison, was interview on CNBC's Fast Money Thursday evening. He was optimistic about the companys prospects considering the fall in natural gas prices and the trend toward lower emission sources of energy.
"Business is great!" Jamison said. "We're growing 30% year over year. And...
Netflix (NFLX) Could Put the Hurt on Investors
Posted by The Staff on Apr 19, 2012 4:53 PM
Netflix, Inc (Nasdaq: NFLX) could see its share price drop by 50% from $106 to $55, according to analysts at Janney Capital Markets. In their view, Netflix is facing challenges in both its video streaming and DVD business. One of these challenges is the cannibalization of the high margin DVD business by the lower margin streaming services. Increase competition and billing issues are also likely to be a drag on the share price.
Considering Internet tracking data and improved results posted by competitors such as Coinstar, Janney analysts had...