Corning (GLW): She upgrades to Buy from Hold, with a new target of $23, up from $18, asserting that the LCD cycle likely bottomed in Q4. She sees upside to Street EPS, and expected multiple expansion.
FedEx Corp. shares rose in pre-market trades Tuesday after the delivery giant raised its outlook for second-quarter earnings on increased demand for its international services as well as its cost-cutting efforts.
FedEx (FDX 89.59, +2.07, +2.37%) boosted its profit target to $1.10 a share from its previous estimate of 65 cents to 95 cents a [...]
Apple (AAPL Quote) initiated at Calyon Securities with a Buy rating and $260 price target. Analysts mentioned the much-anticipated potential launch of a tablet product in 2010, and further market share gains for iPhone, esp in China.
Amazon has been upgraded to outperform. This is one to watch AMZN
Oracle Corp. (ORCL) shares jumped Wednesday morning after the software giant beat Wall Street’s estimates for its fourth fiscal quarter and issued a better-than-expected forecast for the current period.
The Food and Drug Administration said Wednesday that it has approved a prescription-only generic version of the contraceptive Plan B, for women aged 17 and under. Plan B, which is marketed by a subsidiary of Teva Pharmaceutical Industries , is already approved for presciption use by females of all ages, and for over-the-counter use [...]
Preliminary results from the four-year study of 1,820 people were announced Tuesday by Boston Scientific Corp., which makes the $30,000 devices known as cardiac resynchronization therapy defibrillators, or CRT-Ds, and sponsored the $38 million study. The results could lead to broadened Food and Drug Administration approval for the devices and could expand the $6.2 billion [...]
La-Z-Boy Inc. The maker of living-room recliners posted earnings excluding some items of 7 cents a share in the fourth quarter. Raymond James Financial Inc. expected the company to report a loss. Stock Picks report for La-Z-Boy
Sprint has an interesting chart that is setting up to continue its upward move. The Palm Pre has sold out and demand is high which bodes well for Sprint. Keep and eye on Sprint. Stock Picks report for Sprint
Palm shares jump on the naming of new CEO. Palm chairman Jon Rubinstein, a former Apple executive, will become Palm’s CEO. New management and new product, the Pre – William Oneill would like this news. Shares are up and this is a stock that may move up quickly. Stock Picks Report for Palm
