neutral: search

JP Morgan Downgrades OVERSEAS SHIPHOLDING GROUP INC to NEUTRAL: Current Recommendation is Neutral

Company: OVERSEAS SHIPHOLDING GROUP INC Report Date: October 23, 2008 Report Headline: "Overseas Shipholding Group:Downgrade to Neutral on Lower Rate, EPS Est." Current Recommendation: NEUTRAL Previous Recommendation: OVERWEIGHT Research Firm: JP Morgan Analyst: JONATHAN CHAPPELL Industry: TRANSP/MARITIME

JP Morgan Changes EPS Estimate of OVERSEAS SHIPHOLDING GROUP INC: Current Recommendation is Neutral

Company: OVERSEAS SHIPHOLDING GROUP INC Report Headline: "Overseas Shipholding Group:Downgrade to Neutral on Lower Rate, EPS Est." Report Date: October 23, 2008 Current FY EPS Estimate [FY2008]: 11.60 Previous EPS Estimate for Current FY [FY2008]: 13.55 Current Quarter EPS Estimate [Q4]: 2.36 Previous EPS Estimate for Current Quarter [Q4]: 2.40 Next FY EPS Estimate [FY2009]: 3.55 Previous EPS Estimate for Next FY [FY2009]: 7.55 Current Recommendation: NEUTRAL Research Firm: JP Morgan Analyst: JONATHAN CHAPPELL Industry: TRANSP/MARITIME Estimates reported in USD

GlaxoSmithKline PLC (GSK) NewsBite - GSK Downgraded By UBS

GlaxoSmithKline PLC (GSK) was downgraded today by analysts at UBS and the stock is now at $36.59, down $0.64 (-1.72%) on volume of 1,316,077 shares traded. The brokerage downgraded GSK to "Neutral" from "Buy." Over the last 52 weeks the stock has ranged from a low of $32.84 to a high of $54.64. GlaxoSmithKline PLC stock has been showing support around $33.90 and resistance in the $38.94 range. Technical indicators for the stock are neutral and S&P gives GSK a neutral 3 STARS (out of 5) hold ranking. If you are looking for a hedged play on GSK the stock seems like it could be a candidate for a December out-of-the-money bear-call credit spread above the 42.50 range. [ABR-Seven Summits Strategic Investments NewsBite]

Priceline com (PCLN) NewsBite - PCLN Lower on Downgrade

Priceline com (NasdaqNM: PCLN) opened at $53.20. So far today, the stock has hit a low of $52.74 and a high of $54.04. PCLN is now trading at $52.84, down $3.23 (-5.76%). Over the last 52 weeks the stock has ranged from a low of $45.15 to a high of $144.34. Shares of PCLN are trading lower this morning after a Banc of America Securities analyst downgraded the stock to "Neutral" from "Buy." Technical indicators for the stock are neutral and S&P gives PCLN a neutral 3 STARS (out of 5) hold ranking. If you are looking for a hedged play on PCLN the stock seems like it could be a candidate for a November out-of-the-money bear-call credit spread above the 70 range. [ABR-Seven Summits Strategic Investments NewsBite]

William Hill upgraded to neutral from sell at UBS

to neutral from sell, citing valuation. UBS noted the share price has fallen around 50% since early July, but said it expects the company's stock to remain under pressure until it completes its refinancing. Shares in William Hill rose 5.7% Thursday. End of Story

Banc of America Securities LLC downgrades priceline.com Incorporated to 'neutral'

to "neutral" from "buy," and decreased his price target to $60 from $90. Fitzgerald decreased his 2008 and 2009 EPS estimates to $5.30 from $5.43 and $5.25 from $5.80, respectively.

Best Buy upped to neutral by J.P. Morgan

was upgraded to neutral from underweight by J.P. Morgan, which said the current price reflects many of its concerns and the potential bankruptcy of Circuit City

Deutsche Bank lifted to neutral

was upgraded to neutral from underperform by Credit Suisse, saying a grim earnings outlook is largely reflected in forecasts. "Deutsche seems determined to tough things out and avoid a capital issue; given easing funding market conditions and a low proportion of short-term unsecured debt, we can see how this is possible," the broker said. End of Story

Windies' neutral proposition

The West Indies have thrown Pakistan a lifeline, offering to play two Tests against the cricket starved team at a neutral venue next month, Pakistan's top cricket official said Thursday.

Pakistan mulls Windies' neutral offer

WEST Indies has offered to play Pakistan in two tests in neutral Abu Dhabi next month, a top official of the Pakistan Cricket Board said yesterday.

AmTech Upgrades Blue Nile (NILE) to Neutral; Cuts PT to $25

American Technology Research upgrades Blue Nile (Nasdaq: NILE) from Sell to Neutral but lowers its price target from $28 to $25. The firm calls Blue Nile a best-in-breed play.

UBS lowers Tsingtao (00168) to "neutral" & HK$15.1

ET Net News Agency, 24 October 2008> UBS lowered its price target for Tsingtao (00168) from HK$22 to HK$15.1, and downgraded its call from "buy" to "neutral". It expects Tsingtao Brewery to report Rmb1,097m pre-tax profit and Rmb13,069m revenue in 9M08. UBS cut its EPS forecast for 2008/09/10 to Rmb0.55/0.70/0.89 on more conservative EBIT margin assumption. The house expects beer production in China to only grow 5% YoY in 9M08 due to the impact from the Olympics in Aug-Sept. As the visibility of future consumption growth in China is low, UBS lowered its 2009/10 volume growth forecast to 7-8%. (KL)

Pak cricket coach favours playing against Indians at neutral venue, but not in India

Pakistan cricket coach Intikhab Alam has said that Test matches against India should be at a neutral venue in case the Indian government does not clear its cricket team's tour of Pakistan in January due to security concerns.

Network Neutrality — Without Regulation

boyko.at.netqos writes "Timothy B. Lee (no relation to Tim Berners-Lee), a frequent contributor to Ars Technica and Techdirt, has recently written 'The Durable Internet,' a paper published by the libertarian-leaning CATO institute. In it, Lee argues that because a neutral network works better than a non-neutral one, the Internet's open-ended architecture is not likely to vanish, despite the fears of net neutrality proponents, (and despite the wishes of net neutrality opponents.) For that reason, perhaps network neutrality legislation isn't necessary — or even desirable — from an open-networks perspective. In addition to the paper, Network Performance Daily has an interview and podcast with Tim Lee, and Lee addresses counter-arguments with a blog posting for Technology Liberation Front.

UBS (UBS) NewsBite - UBS Hits 52-Week Low

UBS (NYSE: UBS) hit a new 52-Week low of $11.85 so far today. Currently the stock is down $1.61 (-11.81%) to $12.02 on 5,299,868 shares traded. Today's low is down $39.87 from a 52-Week high of $51.89. UBS stock has been showing support around $11.64 and resistance in the $14.64 range. Technical indicators for the stock are neutral and S&P gives UBS a neutral 3 STARS (out of 5) hold ranking. If you are looking for a hedged play on UBS the stock seems like it could be a candidate for a December out-of-the-money bear-call credit spread above the 15 range. [ABR-Seven Summits Strategic Investments NewsBite]

Intuit (INTU) NewsBite - INTU Upgraded By UBS

Intuit (INTU) was upgraded today by analysts at UBS and the stock is now at $21.53, up $0.92 (4.46%) on volume of 2,355,680 shares traded. The analyst upped INTU to "Buy" from "Sell." Over the last 52 weeks the stock has ranged from a low of $20.24 to a high of $32.16. Intuit stock has been showing support around $18.90 and resistance in the $23.30 range. Technical indicators for the stock are neutral and S&P gives INTU a neutral 3 STARS (out of 5) hold ranking. If you are looking for a hedged play on INTU the stock seems like it could be a candidate for a December out-of-the-money bull-put credit spread below the 17.50 range. [ABR-Seven Summits Strategic Investments NewsBite]

Credit Suisse Group (CS) NewsBite - CS Downgraded By Deutsche Securities

Credit Suisse Group (CS) was downgraded today by analysts at Deutsche Securities and the stock is now at $35.11, down $3.07 (-8.04%) on volume of 777,863 shares traded. The brokerage downgraded CS to "Hold" from "Buy." Over the last 52 weeks the stock has ranged from a low of $30.01 to a high of $67.94. Credit Suisse Group stock has been showing support around $33.89 and resistance in the $40.75 range. Technical indicators for the stock are neutral and S&P gives CS a neutral 3 STARS (out of 5) hold ranking. If you are looking for a hedged play on CS the stock seems like it could be a candidate for a November out-of-the-money bear-call credit spread above the 45 range. [ABR-Seven Summits Strategic Investments NewsBite]

McAfee (MFE) NewsBite - MFE Lower on SYMC Forecast

McAfee (NYSE: MFE) opened at $28.83. So far today, the stock has hit a low of $24.72 and a high of $29.31. MFE is now trading at $25.09, down $2.58 (-9.32%). Over the last 52 weeks the stock has ranged from a low of $25.22 to a high of $41.66. MFE shares are declining today after competitor Symantec (SYMC) posted a third-quarter profit forecast below analysts' projections. MFE reports earnings today after market close. Technical indicators for the stock are neutral and S&P gives MFE a neutral 3 STARS (out of 5) hold ranking. If you are looking for a hedged play on MFE the stock seems like it could be a candidate for a November out-of-the-money bear-call credit spread above the 30 range. [ABR-Seven Summits Strategic Investments NewsBite]

Mobile Telesystems OJSC (MBT) NewsBite - MBT Rises on Q3 Profit

Mobile Telesystems OJSC (NYSE: MBT) opened at $26.05. So far today, the stock has hit a low of $25.86 and a high of $29.82. MBT is now trading at $27.78, up $1.39 (5.27%). Over the last 52 weeks the stock has ranged from a low of $20.17 to a high of $105.78. MBT shares are trading higher today after the company posted a third-quarter profit of $515.6 million, beating analysts' estimates of $512.1 million. Technical indicators for the stock are neutral and S&P gives MBT a neutral 3 STARS (out of 5) hold ranking. If you are looking for a hedged play on MBT the stock seems like it could be a candidate for a November out-of-the-money bull-put credit spread below the 22.50 range. [ABR-Seven Summits Strategic Investments NewsBite]

Banco Itau Holding Financeira (ITU) NewsBite - ITU Gets Boost From Bargain Hunters

Banco Itau Holding Financeira (NYSE: ITU) opened at $9.12. So far today, the stock has hit a low of $8.86 and a high of $9.16. ITU is now trading at $9.04, up $.87 (10.65%). Over the last 52 weeks the stock has ranged from a low of $6.70 to a high of $25.88. Shares of ITU are trading higher with the rest of the market this morning after bargain-hunters entered the market following two days of steep selling. Technical indicators for the stock are neutral and S&P gives ITU a neutral 3 STARS (out of 5) hold ranking. If you are looking for a hedged play on ITU the stock seems like it could be a candidate for a March out-of-the-money bull-put credit spread below the 5 range. [ABR-Seven Summits Strategic Investments NewsBite]

UBS (NYSE: UBS) NewsBite - UBS Drops on Economy Concerny

UBS (NYSE: UBS) opened at $11.41. So far today, the stock has hit a low of $10.98 and a high of $11.50. UBS is now trading at $11.12, down $1.62 (-12.72%). The stock hit its 52-Week high of $51.89 in December of last year and set its 52-Week low of $8.33 in November. Financial stocks including UBS are down big today as economic concerns are weighing heavily on that sector and the overall market in general as well. Technical indicators for the stock are neutral and S&P gives UBS a neutral 3 STARS (out of 5) hold ranking. If you are looking for a hedged play on UBS the stock seems like it could be a candidate for a January out-of-the-money bear-call credit spread above the 15 range. [ABR-Seven Summits Strategic Investments NewsBite]

Activision (ATVI) NewsBite - ATVI Rises on Industry Consolidation

Activision (NasdaqNM: ATVI) opened at $10.76. So far today, the stock has hit a low of $10.42 and a high of $10.96. ATVI is now trading at $10.64, up $0.17 (1.62%). Over the last 52 weeks the stock has ranged from a low of $9.40 to a high of $19.28. ATVI shares are rising today after Japanese competitor Koei Co. Ltd. said it would buy rival Tecmo Ltd. in a $207 million stock deal. The deal has boosted other video-game stocks this morning. Technical indicators for the stock are neutral and S&P gives ATVI a neutral 3 STARS (out of 5) hold ranking. If you are looking for a hedged play on ATVI the stock seems like it could be a candidate for a January out-of-the-money bull-put credit spread below the 8.75 range. [ABR-Seven Summits Strategic Investments NewsBite]

Harman International Industries (HAR) NewsBite - Trading With Unusual Volume

Harman International Industries (HAR) appears to be trading at a higher than usual volume today and is now at $10.91, up $0.26 (2.44%) on volume of 2,600,379 shares traded. For the last 30 days HAR has traded 1,140,983 shares on average each day. So far today's volume is 127.91% above that average volume. Over the last 52 weeks the stock has ranged from a low of $10.55 to a high of $75.41. Harman International Industries stock has been showing support around $8.54 and resistance in the $14.68 range. Technical indicators for the stock are neutral and S&P gives HAR a neutral 3 STARS (out of 5) hold ranking. If you are looking for a hedged play on HAR the stock seems like it could be a candidate for a January out-of-the-money bull-put credit spread below the 7.

Nokia (NOK) NewsBite - NOK Falls on Samsung Earnings

Nokia (NYSE: NOK) opened at $14.23. So far today, the stock has hit a low of $14.19 and a high of $15.45. NOK is now trading at $15.08, down $0.86 (-5.40%). Over the last 52 weeks the stock has ranged from a low of $14.70 to a high of $42.22. Shares of NOK are trading lower after competitor Samsung said in an earnings report that it sold 51.8 million handsets during the third quarter, a quarterly record. Investors could be worried that the company is taking market share away from NOK, the global leader in mobile phones. Technical indicators for the stock are neutral and S&P gives NOK a neutral 3 STARS (out of 5) hold ranking. If you are looking for a hedged play on NOK the stock seems like it could be a candidate for a December out-of-the-money bear-call credit spread above the 18 range.

Search took 0.02 seconds.