FBR Capital Reiterates “Market Perform” Rating on Intel (NASDAQ: INTC) FBR Capital analysts reiterated a “market perform” rating on shares of ITNEL Corp (NASDAQ: INTC) citing the company’s recent purchase of Infineon. Intel Corporation is a semiconductor chip maker, developing advanced integrated digital technology products, primarily integrated circuits, for industries, such as computing and communications. [...]
Charter Equity Downgrades Intel Corp (NASDAQ: INTC) to “Market Perform” Charter Equity analysts downgraded shares of Intel Corp (NASDAQ: INTC) from “Buy” to “Market Perform” saying that the company’s move was based on Intel’s downward revision of Q3 2010 revenue and weaker gross margins. Intel Corporation is a semiconductor chip maker, developing advanced integrated digital [...]
Citigroup, Inc (NYSE: C)’s War with Mike Mayo Continues CLSA analyst Mike Mayo has expanded his rhetoric in his battle with Citigroup, Inc (NYSE: C), issuing a note to investors saying that the large bank cannot be trusted to provide investors with accurate information about its financial condition or future plans to make money, and [...]
Gleacher & Co Reiterates “Buy” Rating on Intel Corp (NASDAQ: INTC) Analysts at Gleacher & Co reiterated their “buy” rating on shares of Intel Corp (NASDAQ: INTC) with a price target of $30.00 citing weakness in the PC market. Intel Corporation is a semiconductor chip maker, developing advanced integrated digital technology products, primarily integrated circuits, [...]
JPMorgan Chase & Co. (NYSE: JPM) Hires new Commodities Strategy Executive JPMorgan Chase & Co. (NYSE: JPM) has hired away former Curium Capital Advisors LLC Chief Executive Colin Fenton to work as the company’s new global head of commodities strategy. Mr. Fenton will report to Tom Schmidt, JPMorgan Chase & Co. (NYSE: JPM)’s head of [...]
Religare Capital Markets Ltd. Hires Away Citigroup, Inc (NYSE: C) Executive Religare Capital Markets Ltd. Has hired former Citigroup, Inc (NYSE: C) Managing Director Nalin Nayyar as the company’s new head of investment banking in India. Mr. Nayyar, age 41, will report to Tarun Kataria, who is CEO of Religare Capital Markets Ltd. Local unit, [...]
BMO Capital Upgrades Noble Energy (NYSE: NBL) BMO Capital Markets upgraded shares of “Market Perform” to “Outperform” to Noble Energy (NYSE: NBL) in a research note to investors on Monday. Noble Energy, Inc. (Noble Energy) is an independent energy company, which is engaged in the acquisition, exploration, development, production and marketing of crude oil, natural [...]
Jeffries downgrades shares of Lululemon (NASDAQ: LULU) Jeffries equities research analysts downgraded shares of Lulumon (NASDAQ: LULU) to “Underperform” with a price target of $30.00, down from $38.00, citing indications of higher inventories in a research note to investors on Monday. lululemon athletica inc. is a designer and retailer of technical athletic apparel primarily in [...]
Wells Fargo & Co. (NYSE: WFC) Upgrades Raytheon (NYSE: RTN) Wells Fargo & Co. (NYSE: WFC) analysts upgraded shares of Raytheon (NYSE: RTN) from “Market Perform” to “Outperform” in a research note to investors on Monday. Raytheon Company, together with its subsidiaries, develops products, services and solutions in defense markets; sensing, effects, command, control, communications [...]
ThinkEquity Upgrades Cerner Corp (NASDAQ: CERN) to “Buy” ThinkEquity equities research analysts upgraded shares of Cerner Corporation (NASDAQ: CERN) from “hold” to “buy” in a research note to investors on Friday. Cerner Corporation (Cerner) is a supplier of healthcare information technology (HIT) solutions, healthcare devices and related services and is transforming healthcare by eliminating error, [...]