AM Headlines:
(TXN)
FBR on (TXN): As mentioned earlier, tgt lowered to $36 from $39.
(BIDU) $169.80 pre market high
Baidu.com target raised to $175 at Brean Murray
Jefferies on (BIDU): The firm reiterates a Buy rating onthe stock with a $200 price target
Baidu price target raised to $217 from $181 at Piper Jaffray
Baidu target raised to $205 from $185 at Collins Stewart
(BRCM)
FBR on BRCM: Raising Target - The firm has a Outperform rating and adjusted itsprice target on the shares from $48 to $50.
(BEAV)
RBC on (BEAV) BE Aerospace target raised to $56 from $48 at RBC CapitalMkts
Rent-A-Center (RCII)
Downgraded to Hold from Buy at Stifel Nicolaus
Last Nights Notables:
3:59p 1 minute
4:06p BRCM in line - Broadcom Expects Solid Growth In Rev And Profitability In 3Q
4:07p probably around 5 Mike
4:15p BRCM compressing here
4:16p new highs BRXCM
4:21p HXL good, earnings
4:21p LPS was bad but they just warned so not sure how much was expected
4:24p NFLX broke supprt levels
4:24p temp suppoer levels at 256.5
4:25p RCII decent miss this qtr, guidance was in-line-ish but there is downside in the range and that combined with the bad numbers this qtr add up to it selling off
4:31p bidu really nice guidance
4:31p spwra warned on margins and eps uctt was ugly
4:32p Texas Instruments prelim $0.56 vs $0.54 Capital IQ Consensus Estimate; revs $3.46 bln vs $3.43 bln
4:32p their guidance encompassed estimates
4:41p (T3) Tim_K: News Source Chatter bidu was automated this time anyway. wasn't last time but it traded a ton in the first second all the way up to 161 and then it didn't trade again for 13 seconds when the humans came in lol
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