Wednesday, June 25, 2014

$GWPH GW Pharmaceuticals plc Announces the Closing of U.S. Public Offering of American Depositary Shares


Jun 25 at 11:15


      LONDON, June 25, 2014 (GLOBE NEWSWIRE) -- GW Pharmaceuticals plc
(Nasdaq:GWPH) (AIM:GWP) ("GW" or the "Company"), a biopharmaceutical company
focused on discovering, developing and commercializing novel therapeutics from
its proprietary cannabinoid product platform, announced today the closing of the
previously announced offering on the NASDAQ Global Market by GW and certain of
its selling shareholders of 1,700,000 American Depositary Shares (ADSs) and the
full exercise by the underwriters of their option to purchase 255,000 additional
ADSs from GW at a price of $86.83 per ADS. The ADSs sold in the offering
consisted of 1,455,000 ADSs sold by the Company, and 500,000 ADSs sold by the
selling shareholders, and raised gross proceeds to GW of $126.3 million
(before deducting underwriting discount, commissions and offering expenses). GW
did not receive any proceeds from the sale of ADSs by the selling shareholders
in this offering.

Sunday, June 22, 2014

Barron's Feature Article: Pier 1 $PIR $PETM $MGA $ESRX $APA $AMGN $ETN $GE $JPM $NOV

Pier 1 Imports could rise 20%, Barron's says 

      Pier 1 Imports shares could climb 20% if company's long-term outlook

proves intact, Barron's contends in a feature article.

PetSmart should recover, Barron's says

      PetSmart shouldn't be affected by the internet, as the company offers
in-store services and the company should recover, Barron's contends in its "The
Trader" column.

Oracle, Red Hat, BlackBerry working to meet challenges, Barron's says $ORCL $RHT $BBRY

Oracle (ORCL), Red Hat (RHT), and BlackBerry (BBRY) have been working to overcome challenges and transform themselves back into disruptors, Barron's contends in its "Technology Trader" column.

Wednesday, June 18, 2014

$INSM Insmed says FDA grants breakthrough therapy designation to Arikayce

       Insmed announced that the FDA granted ARIKAYCE, or liposomal amikacin for inhalation, Breakthrough Therapy Designation for the treatment of adult patients with nontuberculous mycobacterial lung disease who are treatment refractory. This designation is based on findings from the company?s U.S. phase 2 clinical trial of ARIKAYCE to treat NTM lung infections. The company has plans to meet with the FDA to discuss the regulatory pathway for ARIKAYCE, Insmed stated.

$AAPL: Upgraded - JAGNote by Societe Generale



     AAPL: Upgraded - Societe General upgraded shares from Neutral to Buy with
a price target of $105 up from $82.

Tuesday, June 17, 2014

WMB: Upgraded - JAGNote by Deutsche Bank Securities Inc.

 Jun 17 at 07:15
 
      WMB: Upgraded - The firm upgraded shares from Hold to Buy with a price
target of $60 up from $52. Williams Companies closed at $56.02


Monday, June 16, 2014

Tesla breakout above $220 is technically significant - levels to watch$TSLA


      Shares are powering further up into session end, last at $223.15. The
move above $220 is technically significant as this was a major area of
resistance from late March until present. A breakout that holds above $220 is
bullish for future price behavior. At current price next resistance is at
$228.89. Support is at $218.64.

Sunday, June 15, 2014

Barron's: Stocks Poised to Rise: $INTC $BEN $GT $MSG $EMC $NTAP $TJX $DAL $ALK $BIG $QLTY

Intel poised to rise further, Barron's reports 
Jun 13 at 18:19
Profile hits: NONE

      Despite hitting a 10-year high in Friday's session, Intel can continue to
rise, Barron's reports. The company increased its second quarter and full year
revenue outlook, and with profits set to grow for the first time in two years,

shares have room to advance, Barron's added.


Franklin Resources looks like a probable target for
activists, Barron's says
Jun 15 at 18:48
Profile hits: NONE

      Franklin Resources has over $8B in cash and does not return much of it
to shareholders. The stock looks like a probable target for an activist

investor, Barron's contends in a feature article.

Goodyear Tire could rise over 50% within two years, Barron's says
Jun 15 at 18:45
Profile hits: NONE
      Goodyear Tire shares could climb over 50% in the next two years as more
cars need a tire change at 40,000 miles, Barron's contends in a feature article.


Madison Square Garden shares could rise 75%, Barron's says
Jun 15 at 19:20
Profile hits: NONE

      Madison Square Garden shares could be worth around $100 per share if you
recalculate the market value of the different assets due to Steve Ballmer's deal
to purchase the Clippers for $2B, Barron's contends in a follow up article.
The Knicks could, easily, be worth over $2B at Ballmer's rate, the paper adds.

Friday, June 13, 2014

Stocks Were Watching in the OTR Today $FNSR $INTC $LULU

Finisar sell-off a buying opportunity, says Piper Jaffray

      Piper Jaffray believes Finisar's April quarter revenue beat was
overshadowed by margins and margin guidance coming in below expectations. Piper
expects Web 2.0 customer growth to return and views the post-earnings pullback
in shares as a buying opportunity. The firm lowered its price target for the
stock to $24 from $31 and reiterates an Overweight rating on the name.


 Finisar price target cut to $27 from $33  at RBC Capital

      RBC Capital reduced its price target on Finisar after the company reported
lower than expected EPS. The firm attributes the company's EPS miss to lower
margin deals it made, but it thinks the company is seeing good top-line trends
in datacom, while telecom revenue declines are moderating. The firm keeps an

Outperform rating on the shares.

INTC: Upgraded - JAGNote by Roth Capital Partners, LLC
Jun 13 at 06:50

      INTC: Upgraded - The firm upgraded shares from Neutral to Buy with a price
target of $35 up from $28. Intel closed at $27.96

Thursday, June 12, 2014

Tesla CEO tweet likely references patent sharing, Bloomberg says



      After Tesla CEO Elon Musk teased on Twitter that the company plans a
patent announcement today at 10 am, without giving details on the subject matter
or time zone, Bloomberg said that based on hints Musk made at the company's
annual meeting that the announcement will likely involve sharing some of the
carmakers' patents to encourage other companies to advance electric cars.

Wednesday, June 11, 2014

$RH Restoration Hardware up 15% - All Time Highs - Full Press Release



      Q1 Net Revenues Increased 22%; Comparable Brand Revenue Growth of 18%;
Adjusted Diluted EPS Increased 200% to $0.18
      Company Increases Fiscal 2014 Guidance to Net Revenue Growth Between 20%
and 22% from 18% to 20%, Adjusted Diluted EPS Guidance to Range of $2.24 to
$2.30 from $2.14 to $2.22
      CORTE MADERA, Calif.--(BUSINESS WIRE)-- Restoration Hardware Holdings,
Inc. (NYSE: RH) today announced financial results for the first quarter ended
May 3, 2014.
      First Quarter Highlights

    --  Net revenues increased 22% on top of a 38% increase for the same period
        last year
    --  Comparable brand revenue growth was 18% on top of 39% for the same
        period last year
    --  Adjusted operating income increased 204% to $14.0 million; GAAP
        operating income of $4.8 million compared to $0.5 million for the same
        period last year
    --  Adjusted net income increased 217% to $7.2 million; GAAP net income of
        $1.8 million compared to a net loss of $0.2 million for the same period
        last year
    --  Adjusted diluted EPS increased 200% to $0.18; GAAP diluted EPS of $0.04
        compared to break-even for the same period last year

      Gary Friedman, Chairman and Chief Executive Officer, commented, "RH
continued to outperform the home furnishings industry by a wide margin in the
first quarter of 2014. Net revenues increased 22% on top of a 38% increase last
year. Comparable brand revenues increased 18% on top of 39% last year -
representing an industry-leading 57% increase over the two year period. These
results are even more impressive considering the fact that we eliminated the
mailing of our Fall 2013 Source Book. Additionally, we grew adjusted net income
by 217% to $7.2 million and adjusted EPS grew 200% to $0.18, demonstrating
the disruptive nature of the RH brand and the power of our multi-channel
business model."

Apple: EU plans to investigate $AAPL and Starbucks $SBUX tax affairs, according to reports








EU opens tax investigation into Apple, Starbucks, Fiat
Jun 11 at 06:13
 
      The European Commission said it has opened three investigations to examine
whether decisions by tax authorities in Ireland, The Netherlands and Luxembourg
with regard to the corporate income tax to be paid by Apple (AAPL), Starbucks
(SBUX) and Fiat (FIATY), respectively, comply with the EU rules on state aid.
"The opening of an in-depth investigation gives interested third parties, as
well as the three Member States concerned, an opportunity to submit comments. It
does not prejudge the outcome of the investigation," the agency said. Commission
Vice President in charge of competition policy Joaquin Almunia said: "In the
current context of tight public budgets, it is particularly important that large
multinationals pay their fair share of taxes. Under the EU's state aid rules,
national authorities cannot take measures allowing certain companies to pay less
tax than they should if the tax rules of the Member State were applied in a fair
and non-discriminatory way."

Early Research Calls were watching in the OTR:$ACHN $SKUL $AMZN $BEAS $MRVL $SPY $QQQ $ES_F


World Bank cuts global GDP forecasts (Stock Price: 43.95)

$ACHN Achillion upgraded to Outperform from Neutral at RW Baird

Jun 11 at 06:22

Skullcandy upgraded to Neutral from Underweight at Piper Jaffray
Jun 11 at 05:34

      Piper Jaffray upgraded Skullcandy to Neutral with a $7.50 price target
citing the company's new products and improved discipline.

Amazon.com upgraded to Conviction Buy from Buy at Goldman
Jun 11 at 05:30
  
      Goldman Sachs upgraded Amazon.com to Conviction Buy from Buy citing the
recent pullback in shares and the company's high return on invested capital.
Goldman expects Amazon to increase competitive lead through fulfillment and
infrastructure investments. It lowered its price target for shares to $400
from $430. Shares of Amazon closed yesterday up $4.91 to $332.41.

BE Aerospace downgraded to Hold from Buy at Jefferies
Jun 11 at 05:50
      Jefferies downgraded BE Aerospace to Hold with a $97 price target citing
valuation. Shares of BE Aerospace fell 5% yesterday to $94.15 after the
company announced plans to split into two companies. Investors seemed
disappointed that the company was unable to sell itself.
Marvell --- Nomura Upgraded to BUY (from Neutral)
Jun 11 at 06:07

Tuesday, June 10, 2014

Stocks were watching in the OTR today: $ACHN $TWTR $EBAY $FB $RCPT


$TWTR:  Twitter upgraded to Market Perform from Underperform at Wells Fargo - Disclosure: Long Pre Market
Jun 10 at 06:21

      Wells Fargo upgraded its rating on Twitter (TWTR) to Market Perform from
Underperform saying the risk/reward ratio at current share levels is more
balanced. Wells states that while it remains concerned about user growth and
engagement, consensus expectations have "declined substantially." Wells keeps a
$36-$39 price target range for the stock. Shares of Twitter closed yesterday
up $1.14 to $34.47.

$ACHN: Achillion Pharmaceuticals Begins Trials Of Hepatitis C Drug; Clinical Hold
Removed On Sovaprevir - Shares Up More Than 39% In Early Pre-Market
Jun 10 at 06:29

$EBAY $FB eBay says PayPal President David Marcus leaving for Facebook
Jun 9 at 16:39
      eBay (EBAY) announced that PayPal President David Marcus is leaving the
company on June 27 to lead Facebook?s (FB) messaging products. ?As the head of
PayPal, David helped make a great business better, reinvigorating product design
and innovation and energizing the team to deliver compelling consumer
experiences,? said eBay Inc. President and CEO John Donahoe.

$RCPT: Receptos up over 40% following results of Phase 2 study of RPC1063
Jun 9 at 16:44

Monday, June 9, 2014

Barron's stocks were watching this morning

Apple smart watch could add $4 to EPS, Barron's says

      Apple's new "Handoff" feature in the next operating system could open the
door to a variety of wearable tech, including a smart watch, which could boost
EPS by $4, Barron's contends in its "Technology Trader" column.

Family Dollar upgraded to Buy from Hold at Jefferies
  
      Jefferies upgraded Family Dollar to Buy with a $79 price target after

Carl Icahn reported a 9.4% stake in the company.


Danaher shares could climb about 25%, Barron's says
 
      If Danaher's water treatment, petroleum services and medical diagnostics
can improve market share and if the company is able to increase acquisition
activity, shares could climb about 25% to around $95, Barron's contends in a
feature article.

Office Depot shares could jump over 50%, Barron's says
 
      Office Depot shares could see an increase of over 50% as revenue declines
less and as the company's cost-savings initiative becomes more apparent to
investors, Barron's contends in a feature article.

Saturday, June 7, 2014

Apple's Smart Watch Could Add $4 a Share to Earnings - Barron's $AAPL

 

 


Apple's new operating system sets the stage for a new round of devices.

June 7, 2014 1:17 a.m. ET
Who was that man smiling up on stage in San Francisco last week?
It was Tim Cook, CEO of Apple, who in the preceding months had quelled a ferocious uproar from activist investors Carl Icahn and David Einhorn by dramatically boosting Apple's return of cash to shareholders to unprecedented levels.
Cook seemed to breathe a little easier.

Wednesday, June 4, 2014

Post Market Movers/Headlines Were Watching for Tomorrow $S $TMUS $TSL $PVH

Sprint, T-Mobile close to pact on price, breakup fee,
Bloomberg reports
Jun 4 at 17:39

PVH misses by $0.02, reports revs in-line; guides Q2 EPS
below consensus, revs in-line; lowers FY15 EPS guidance;
reaffirms FY15 revs guidance (Stock Price: 130.68 Change:
+0.35)

Trina Solar Announces the Offering of 8,800,000
American Depositary Shares
Jun 4 at 16:39
 

$TIBX Tibco Stifel Downgrade Details



      Stifel downgrades TIBX to Hold from Buy. On 6/3, co pre-announced
disappointing F2Q14 results, sending shares down 13%+ in after-hours trading.
While TIBCO noted that core infrastructure and event processing businesses grew
during the quarter, the expected $14.5M/$16M license-revenue/total-revenue
miss (at the midpoint), respectively, was blamed on Spotfire weakness. Firm will
need to see a healthy re-accleration in license revenue before getting more
constructive, something it does not see happening in the next several quarters.

Tuesday, June 3, 2014

TIBCO down over 14% following weaker than expected Q2 guidance $TIBX



      PALO ALTO, CA -- (Marketwired) -- 06/03/14 -- TIBCO Software Inc. (NASDAQ:
TIBX) today announced preliminary financial results for the fiscal second
quarter ended June 1, 2014. TIBCO will report final results for the second
quarter on Thursday, June 19, 2014.
      For the second quarter of fiscal 2014, TIBCO expects total revenue to be
in the range of $250 to $252 million. License revenue is expected to be in the
range of $75 to $76 million. Earnings per share, calculated in accordance with
U.S. generally accepted accounting principles (GAAP), are expected to be in the
range of $0.00 to $0.01. Non-GAAP earnings per share are expected to be in the
range of $0.12 to $0.13. The combined effect of lower-than-expected profits
along with the mix of revenue across products and regions is projected to result
in a higher than anticipated tax rate on both a GAAP and non-GAAP basis.

$ALSN Allison Transmission Announces Secondary Offering and Repurchase of Shares of Common Stock


    INDIANAPOLIS, June 3, 2014 /PRNewswire/ -- Allison Transmission Holdings
Inc. (NYSE: ALSN), announced today the sale of 35,000,00 shares of its common
stock by investment funds affiliated with The Carlyle Group and Onex Corporation
(the "Sponsors").  In addition, the underwriter will have an option to purchase
up to 5,250,000 additional shares from the Sponsors.  All of the shares are
being sold on a pro rata basis by the Sponsors, which are existing stockholders
of Allison Transmission Holdings Inc. ("Allison"), in accordance with their
current interests.  Allison will not receive any of the proceeds from the
offering of shares by the Sponsors. Closing of the offering is expected to occur
on or about June 9, 2014, subject to customary closing conditions.


Top Watch D/G #2 Quiksilver downgraded to Hold at Stifel; wholesale challenges and strategy shift a thesis buster $ZQK

       Stifel downgrades ZQK to Hold from Buy. Execution to supply chain and
expense rationalization potential has been largely on track but severe
compression in wholesale revs in the U.S. and Europe has challenged the
flow-through to earnings power. While firm continues to believe in the heritage
equity of the brand portfolio, it views a stated change in strategy to compete
for share on price as short-term focused and likely to prove to be brand
dilutive.

Top Watch - Quiksilver price target lowered to $4 from $7 at Piper Jaffray $ZQK


      Piper Jaffray lowered its price target for Quiksilver shares to $4
saying it is incrementally cautious on the stock following the company's Q2
results. Piper sees reduced visibility in management's outlook and points out
the company pushed out its profitability plan to FY17. It keeps a Neutral rating
on the stock.