Goldman Sachs analyst cuts Aeropostale to 'Sell,' says its stock will likely start to slowOctober 9th, 2009 Goldman Sachs analyst lowers Aeropostale ratingNEW YORK — A Goldman Sachs analyst lowered her rating on Aeropostale Inc. Friday, saying the apparel retailer's stock will likely start to slow as competitors make headway.
Carter's shares rise after Sterne Agee upgrades, sees further gains in shares to comeOctober 8th, 2009 Carter's shares rise after Sterne Agee upgradeNEW YORK — After rising nearly 38 percent so far this year, Carter's Inc. shares may gain another 25 percent in the next 12 months, said a Sterne Agee analyst, upgrading the maker of infant and children's clothes.
JPMorgan downgrades Saks to 'Neutral,' tells investors 'easy money has been made'October 1st, 2009 JPMorgan downgrades Saks, shares fallCHICAGO — Shares of luxury department store chain Saks Inc. sank Thursday after an analyst downgraded the retailer, saying its stock was properly valued.
PiperJaffray upgrades Starbucks to 'Overweight' from 'Neutral' on improved sales outlookSeptember 18th, 2009 PiperJaffray upgrades Starbucks to 'Overweight'SAN FRANCISCO — A PiperJaffray analyst upgraded the shares of Starbucks to "Overweight" from "Neutral" based on the expectations that sales results at stores open at least a year will improve. PiperJaffray's Nicole Miller Regan said a trend of moderate improvement in same-store sales results will generate "margin expansion in an already cost-cutting phase."
Regan expects 2009 profit of 75 cents per share, a penny lower than the 76 cent per share consensus estimate of analysts surveyed by Thomson Reuters.
Analyst upgrades shares of Avery Dennison on expectations that investors will start buyingSeptember 11th, 2009 Ahead of the Bell: Avery Dennison shares upgradedNEW YORK — Avery Dennison Corp. is cutting costs, reducing debt and improving cash flow, an analyst said Friday as he upgraded shares of the adhesive label maker and office supplies provider.
Morgan Joseph analyst upgrades Movado to 'Buy' after results beat expectationsSeptember 4th, 2009 Analyst upgrades Movado shares to 'Buy'NEW YORK — A Morgan Joseph analyst on Friday upgraded shares of Movado Group Inc. to "Buy" and said the watch retailer had returned to profitability ahead of schedule.
First-quarter profit cut in half at restaurant chain Benihana as consumers eat out lessAugust 31st, 2009 Benihana restaurants' profit falls 50 pct in 1QMIAMI — Restaurant chain Benihana Inc. on Monday said its first-quarter profit fell 50 percent as it struggled to draw customers during the recession.
Mid-cap broker shares trade mixed on sector upgrade from Goldman SachsAugust 27th, 2009 Goldman analyst upgrades mid-cap brokers sectorBOSTON — A Goldman Sachs analyst on Thursday upgraded his sector rating for midsized brokerages, saying an expected resurgence of corporate mergers and acquisitions as well as initial public offerings should lift the firms. In addition to raising his coverage view of mid-cap brokers to "Attractive" from "Neutral," Goldman analyst Daniel Harris raised his rating on the M&A boutique firm Greenhill & Co.
Goldman Sachs buys 792,273 Bowne shares, about half of its option in public offeringAugust 20th, 2009 Goldman Sachs buys 792,273 Bowne sharesNEW YORK — Bowne & Co., which provides shareholder and marketing communications services, said Goldman Sachs, the underwriter on its offering of 10.5 million shares, bought another 792,273 shares in a transaction that closed on Wednesday. The initial offering and the shares sold to Goldman were both priced at $5.96.
Analyst upgrades Joy Global, Bucyrus on China demand recovering sooner than expectedAugust 19th, 2009 Analyst upgrades Joy Global, BucyrusHARTFORD, Conn. — Shares of Joy Global Inc.
Goldman analyst downgrades Lamar Advertising, says risk-reward 'unfavorable'August 4th, 2009 Goldman analyst downgrades Lamar AdvertisingNEW YORK — Shares of Lamar Advertising Co. edged only slightly lower Tuesday after a Goldman Sachs analyst downgraded the billboard operator, saying the company's shares are trading at a higher value than what they are worth.
Goldman upgrades GE to 'Buy' as forced GE Capital split-off seems unlikely; shares riseJuly 30th, 2009 GE rises as analyst says GE Capital split unlikelyNEW YORK — Shares of General Electric Co. rose sharply Thursday after Goldman Sachs upgraded the stock and said it appears unlikely the industrial conglomerate will have to split off its giant lending arm due to a financial sector reform proposal in Congress.
Perrigo falls after analyst cuts rating to 'Neutral,' as shares are up 50 percent from lowsJuly 28th, 2009 Perrigo slips following Credit Suisse downgradeNEW YORK — Perrigo Co. shares dipped Tuesday after a Credit Suisse analyst downgraded the drugmaker's shares to "Neutral" from "Outperform."
Perrigo stock set an annual low of $18.54 on March 2, and as of Monday's closing price, is up 52.6 percent since that time.
AP Source: General Motors to sell Saturn brand to dealer chain owner Roger PenskeJune 5th, 2009 AP Source: GM to sell Saturn brand to Roger PenskeDETROIT — A person briefed on the deal says General Motors Corp. will sell its Saturn brand to former race car driver and dealership chain owner Roger Penske.
Akamai shares take off after 1st-quarter results top Street views, draw Goldman upgradeApril 30th, 2009 Akamai shares take off after 1Q tops StreetNEW YORK — Shares of Akamai Technologies Inc. marched higher Thursday after the company beat Wall Street forecasts for the first quarter and drew an upgrade from Goldman Sachs.
Loading ...