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Earnings Scheduled For October 30, 2014

Courtesy of Benzinga.

Related K
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Kellogg Company (NYSE: K) is estimated to report its Q3 earnings at $0.92 per share on revenue of $3.69 billion.

Air Products & Chemicals (NYSE: APD) is expected to report its Q4 earnings at $1.61 per share on revenue of $2.73 billion.

MasterCard (NYSE: MA) is estimated to report its Q3 earnings at $0.78 per share on revenue of $2.45 billion.

Time Warner Cable (NYSE: TWC) is expected to report its Q3 earnings at $1.91 per share on revenue of $5.75 billion.

Altria Group (NYSE: MO) is projected to report its Q3 earnings at $0.68 per share on revenue of $4.73 billion.

Ball (NYSE: BLL) is estimated to report its Q3 earnings at $1.05 per share on revenue of $2.30 billion.

ConocoPhillips (NYSE: COP) is projected to report its Q3 earnings at $1.20 per share on revenue of $13.63 billion.

LinkedIn (NYSE: LNKD) is expected to post its Q3 earnings at $0.47 per share on revenue of $557.49 million.

Thomson Reuters (NYSE: TRI) is estimated to report its Q3 earnings at $0.45 per share on revenue of $3.10 billion.

Expedia (NASDAQ: EXPE) is projected to post its Q3 earnings at $1.74 per share on revenue of $1.68 billion.

Groupon (NASDAQ: GRPN) is estimated to post its Q3 earnings at $0.01 per share on revenue of $748.76 million.

AmerisourceBergen (NYSE: ABC) is expected to report its Q4 earnings at $1.05 per share on revenue of $30.78 billion.

Johnson Controls (NYSE: …
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UPDATE: D.A. Davidson Reiterates On Rogers Corporation On Strong Q3 Upside

Courtesy of Benzinga.

Related ROG
Earnings Scheduled For October 28, 2014
Earnings Scheduled For July 29, 2014

In a report published Thursday, D.A. Davidson analyst Avinash Kant reiterated a Buy rating on Rogers Corporation (NYSE: ROG), and raised the price target from $71.00 to $77.00.

In the report, D.A. Davidson noted, “ROG reported Q3:CY14 operating EPS of $1.09 on record revenues of $163.1 million (up 6% from Q2:CY14 and up 14% from Q3:CY13); well above consensus expectations of $0.72 on $157 million and significantly above the top-end of the company’s guidance ($0.65-$0.75 on revenues of $153-$159 million). Recognizing benefits from cost cutting initiatives taken over the past two years, along with higher volumes and continued operational efficiencies, non-GAAP gross margins in Q3:CY14 reached a new all-time high of 39.6%, up 240bp from Q2:CY14 and 370bp from Q3:CY13. Similarly, strength continued in the model with ROG reporting record operating margins of 17.4% in Q3, up 680bp sequentially and 300bp YoY.”

Rogers Corporation closed on Wednesday at $66.88.

Latest Ratings for ROG

Date Firm Action From To
Jun 2014 DA Davidson Maintains Buy
Apr 2014 DA Davidson Upgrades Neutral Buy
Feb 2014 DA Davidson Maintains Neutral

View More Analyst Ratings for ROG
View the Latest Analyst Ratings

Posted-In: Avinash Kant D.A. DavidsonAnalyst Color Price Target Analyst Ratings





Piper Jaffray Initiates Auspex Pharma At Overweight

Courtesy of Benzinga.

Analysts at Piper Jaffray initiated coverage on shares of Auspex Pharma (NASDAQ: ASPX) with a Overweight rating.

The target price for Auspex Pharma is set to $50.

Auspex Pharma shares surged 0.48% to close at $27.16 yesterday.

Latest Ratings for ASPX

Date Firm Action From To
Oct 2014 Piper Jaffray Initiates Coverage on Overweight
Sep 2014 Ladenburg Thalmann Initiates Coverage on Buy
Aug 2014 Stifel Nicolaus Maintains Buy

View More Analyst Ratings for ASPX
View the Latest Analyst Ratings

Posted-In: Piper JaffrayInitiation Analyst Ratings





Credit Suisse Upgrades Sprint Nextel To Neutral

Courtesy of Benzinga.

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T-Mobile Misses Q3 Estimates with Wider Loss, Revenues Up
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Analysts at Credit Suisse upgraded Sprint Nextel (NYSE: S) from Underperform to Neutral.

The price target for Sprint Nextel is set to $6.

Sprint Nextel shares have dropped 13.42% over the past 52 weeks, while the S&P 500 index has surged 12.42% in the same period.

Sprint Nextel shares closed at $6.00 in after-hours trading.

Latest Ratings for S

Date Firm Action From To
Oct 2014 Credit Suisse Upgrades Underperform Neutral
Oct 2014 JP Morgan Maintains Neutral
Oct 2014 Citigroup Maintains Neutral

View More Analyst Ratings for S
View the Latest Analyst Ratings

Posted-In: Credit SuisseUpgrades Analyst Ratings





Jennings Capital Downgrades Ballard Power Systems

Courtesy of Benzinga.

Related BLDP
Lake View: Ballard Power Systems 'Making Progress'
Morning Market Movers

Jennings Capital downgraded Ballard Power Systems Inc. (NASDAQ: BLDP) in a report issued Thursday from Buy to Hold and lowered its price target from $5 to $3.

Analyst Dev Bhangui noted that the company "reported Q3/14 results that were below our and consensus estimates. EPS were ($0.02) versus JCI and consensus of ($0.01). Revenue and gross margin missed our expectations, while opex came in slightly better."

"The GM miss was related to product mix, as we had expected greater revenue contribution from Back-up Power. While Adjusted EBITDA turned positive in Q3; in light of the revenue miss, BLDP cut its FY2014 revenue guidance to a 20 percent increase over 2013, down from previous guidance for 30 percent growth," according to Bhangui.

The report concluded that "BLDP’s long-term prospects remain favorable. However, with management having missed its own Q3 expectations, we remain cautions on Q4."

Bhangui took a "‘wait-and-see’ approach" and "will revisit [his] valuation with the release of FY2015 guidance in Q1."

Ballard Power Systems Inc. recently traded at $2.84, up 2.16 percent.

Latest Ratings for BLDP

Date Firm Action From To
Oct 2014 Jennings Capital Downgrades Buy Hold
Sep 2014 Sidoti & Co. Upgrades Neutral Buy
Jun 2014 Jennings Capital Initiates Coverage on Buy

View More Analyst Ratings for BLDP
View the Latest Analyst Ratings

Posted-In: Dev Bhangui Jennings CapitalAnalyst Color Downgrades Price Target Analyst Ratings





Earnings Scheduled For October 29, 2014

Courtesy of Benzinga.

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The Hershey Company (NYSE: HSY) is expected to report its Q3 earnings at $1.08 per share on revenue of $1.97 billion.

Automatic Data Processing (NASDAQ: ADP) is estimated to report its Q1 earnings at $0.60 per share on revenue of $2.55 billion.

Booz Allen Hamilton Holding (NYSE: BAH) is projected to report its Q2 earnings at $0.41 per share on revenue of $1.31 billion.

Exelon (NYSE: EXC) is expected to report its Q3 earnings at $0.73 per share on revenue of $6.19 billion.

Phillips 66 (NYSE: PSX) is estimated to report its Q3 earnings at $1.75 per share on revenue of $48.36 billion.

Visa (NYSE: V) is expected to post its Q4 earnings at $2.10 per share on revenue of $3.19 billion.

The Goodyear Tire & Rubber Company (NYSE: GT) is projected to report its Q3 earnings at $0.70 per share on revenue of $4.93 billion.

Commercial Metals Company (NYSE: CMC) is estimated to report its Q4 earnings at $0.25 per share on revenue of $1.82 billion.

The Allstate (NYSE: ALL) is expected to post its Q3 earnings at $1.33 per share on revenue of $7.78 billion.

Ralph Lauren (NYSE: RL) is projected to report its Q2 earnings at $2.06 per share on revenue of $2.02 billion.

Kraft Foods Group (NASDAQ: …
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UPDATE: Pacific Crest Securities Initiates Coverage On Alibaba On Good Market Position

Courtesy of Benzinga.

Related BABA
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Amazon Earnings: What to Expect (Fox Business)

In a report published Wednesday, Pacific Crest Securities analyst Cheng Cheng initiated coverage on Alibaba Group Holding Ltd (NYSE: BABA) with an Outperform rating and $125.00 price target.

In the report, Pacific Crest Securities noted, “Alibaba is the world’s largest e-commerce company measured by GMV. It controls more than 80% of China’s e-commerce market; however, Internet and e-commerce adoption is still below average in China. Secular growth in e-commerce, combined with increased adoption of Alibaba’s solutions by buyers and sellers and the benefit of Alibaba’s ecosystem of partners, should help the company sustain at least 30% average annual growth in revenue and earnings. Based on Alibaba’s strong market position and growth outlook, we believe a target P/E of 35x (less than 1.2x PEG) our calendar 2016 EPS of $3.52 is fair. This drives our 12-month price target of $125.”

Alibaba Group Holding Ltd closed on Tuesday at $99.68.

Latest Ratings for BABA

Date Firm Action From To
Oct 2014 Wells Fargo Initiates Coverage on Outperform
Oct 2014 Topeka Capital Initiates Coverage on
Oct 2014 Evercore Partners Initiates Coverage on Buy

View More Analyst Ratings for BABA
View the Latest Analyst Ratings

Posted-In: Cheng Cheng Pacific Crest SecuritiesAnalyst Color Initiation Analyst Ratings





Numerous Analysts Adjust Targets On Facebook Following Earnings

Courtesy of Benzinga.

Related FB
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Facebook Inc (NASDAQ: FB) announced positive financial results on Tuesday, with an EPS of $0.43 on revenues of $3.2 billion, beating estimates by 7.5 and 2.89 percent, respectively.

On the other hand, shares of Facebook are down sharply on Wednesday as the company offered weak guidance due to rising costs.

Analysts at multiple firms adjusted the investment ratings on Facebook following earnings.

Price Target Cuts:

Pivotal:from $106 to $103
Topeka: from $100 to $96
Piper Jaffray: from $90 to $82
Susquehanna: from $88 to $86
JMP Securities: from $92 to $85
Cowen: from $90 to $86
CRT: from $90 to $84
Oppenheimer from $90 to $88
Stifel: from $99 to $94
Cantor: from $82 to $80
Baird: from $82 to $80
Janney Capital: from $82.50 to $78
JP Morgan: from $90 to $85
UBS Capital: from $95 to $92
Credit Suisse: from $90 to $88

Price Target Raises:

Atlantic: from $84 to $90
Canaccord: from $84 to $88

Amid the drop in share price, Goldman Sachs analysts believe “the current weakness in Facebook shares is excellent buying opportunity”

Latest Ratings for FB

Date Firm Action From To
Oct 2014 JMP Securities Maintains Market Outperform
Oct 2014 Canaccord Genuity Maintain Buy
Oct 2014 Stifel Nicolaus Maintains Buy

View More Analyst Ratings for FB
View the Latest Analyst Ratings

Posted-In: Atlantic Equities Baird Cantor Fitzgerlad Cowen and Company Credit Suisse CRT CapitalPrice Target Analyst Ratings





Wunderlich Securities Sees Possible Near-Term Catalysts For Brunswick Corporation

Courtesy of Benzinga.

Related BC
Wunderlich Securities Sees Accelerating Momentum For Brunswick Corporation
UPDATE: Wunderlich Securities Initiates Coverage On Brunswick Corporation On Boat Industry Recovery & Rising Market Shares

In a report published Wednesday, Wunderlich Securities analyst Rommel Dionisio reiterated a Buy rating and $57.00 price target on Brunswick Corporation (NYSE: BC).

In the report, Wunderlich Securities noted, “With multiple new boat models being introduced in the next few weeks at the major winter boat shows, Brunswick (BC) has a number of upcoming potential catalysts which we believe could drive the stock upward in the near term, especially considering the stock’s historical seasonal trading pattern, whereby shares of BC have significantly outperformed in 4Q and 1Q. Given such potential fundamental catalysts, combined with favorable macro factors such as rising consumer confidence, falling fuel prices, and a moderate interest rate environment, we reiterate our Buy rating on Brunswick. Our price target of $57 is derived using a 10.5x EV/2015E EBITDA multiple, a 15% premium to the peer group given the still early stage of the boat market’s cyclical recovery.”

Brunswick Corporation closed on Tuesday at $46.11.

Latest Ratings for BC

Date Firm Action From To
Sep 2014 Wunderlich Initiates Coverage on Buy
Aug 2014 Raymond James Upgrades Market Perform Strong Buy
Aug 2014 Citigroup Maintains Buy

View More Analyst Ratings for BC
View the Latest Analyst Ratings

Posted-In: Rommel Dionisio Wunderlich SecuritiesAnalyst Color Reiteration Analyst Ratings





10 Stocks You Should Be Watching Today

Courtesy of Benzinga.

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Some of the stocks that may grab investor focus today are:

Wall Street expects Pfizer (NYSE: PFE) to report its Q3 earnings at $0.55 per share on revenue of $12.22 billion. Pfizer shares rose 0.90% to $29.29 in after-hours trading.

Kohl’s (NYSE: KSS) issued a weak guidance on Monday. The company projected comparable sales to drop by 1.4% in the third quarter. It also expected 2014 diluted earnings on an EPS basis to be at the low end of previous forecast. Kohl’s shares slipped 0.18% to $27.89 in the after-hours trading session.

E. I. du Pont de Nemours and Company (NYSE: DD) is projected to report its Q3 earnings at $0.53 per share on revenue of $7.95 billion.

Analysts are expecting Facebook (NASDAQ: FB) to have earned $0.40 per share on revenue of $3.12 billion in the third quarter.

Regal Entertainment Group (NYSE: RGC) reported that it will explore strategic options including a potential sale of the company. The company also declared a quarterly and special cash dividend. Regal Entertainment shares jumped 15.31% to $23.65 in the after-hours trading session.

Analysts expect Coach (NYSE: COH) to report its Q3 earnings at $0.45 per share on revenue of $1.00 billion. Coach shares rose 0.69% to $36.40 in after-hours trading.

Whirlpool (NYSE: WHR) is estimated to report its Q3 earnings at $3.13 per share on revenue of $4.83 billion. Whirlpool shares slipped 0.77% to close at $157.40 yesterday.

Twitter (NYSE: TWTR) met Wall…
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Help One Of Our Own PSW Members

"Hello PSW Members –

This is a non-trading topic, but I wanted to post it during trading hours so as many eyes can see it as possible.  Feel free to contact me directly at jennifersurovy@yahoo.com with any questions.

Last fall there was some discussion on the PSW board regarding setting up a YouCaring donation page for a PSW member, Shadowfax. Since then, we have been looking into ways to help get him additional medical services and to pay down his medical debts.  After following those leads, we are ready to move ahead with the YouCaring site. (Link is posted below.)  Any help you can give will be greatly appreciated; not only to help aid in his medical bill debt, but to also show what a great community this group is.

http://www.youcaring.com/medical-fundraiser/help-get-shadowfax-out-from-the-darkness-of-medical-bills-/126743

Thank you for you time!

 
 

Zero Hedge

Markets Explodes As Bank Of Japan Goes All-In-er; Increases QQE To JPY 80 Trillion

Courtesy of ZeroHedge. View original post here.

Submitted by Tyler Durden.

UPDATE: *NIKKEI 225 EXTENDS ADVANCE TO 5%

NKY is up 1000 points from FOMC

 

 

 

and what do u expect to happen to JGBs when Stocks rip 1000 points... yep they're rallying!

  • Yield on 10-yr govt bond declines 3.5 bps to 0.435%, while 20-yr yield also slides 3.5bps to 1.285%, both lowest since April 2013.
  • 5-yr yield f...


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Phil's Favorites

Looking for a Good Education at a Low Price, Perhaps Free? Head to Europe

Courtesy of Mish.

On June 7, 2014 I wrote Looking to Drastically Reduce College Costs? Study Abroad!

Yesterday, a writer for the Washington Post expressed the same opinion.

Please consider 7 countries where Americans can study at universities, in English, for free (or almost free). Since 1985, U.S. college costs have surged by about 500 percent, and tuition fees keep rising. In Germany, they've done the opposite.

The country's universities have been tuition-free since the beginning of October, when Lower Saxony became the last ...



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Chart School

Moving Averages: Month-End Preview

Courtesy of Doug Short.

Here is a preview of the monthly moving averages I track after the close of the last business day of the month. All three S&P 500 strategies are now signaling "invested" -- unchanged from last month. Two of the five of the Ivy Portfolio ETFs, the PowerShares DB Commodity Index Tracking (DBC and the Vanguard FTSE All-World ex-US ETF (VEU), are signal cash "cash" -- also unchanged from last month.

If a position is less than 2% from a signal, it is highlighted in yellow.


Note: My inclusion of the S&P 500 index updates is intended to illustrate a popular moving moving-average timing strategy. The index signals also give a general sense of how US equities are behaving. Howe...



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All About Trends

Mid-Day Update

Reminder: David is available to chat with Members, comments are found below each post.

Click here for the full report.




To learn more, sign up for David's free newsletter and receive the free report from All About Trends - "How To Outperform 90% Of Wall Street With Just $500 A Week." Tell David PSW sent you. - Ilene...

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Insider Scoop

Jennings Capital Downgrades Ballard Power Systems

Courtesy of Benzinga.

Related BLDP Lake View: Ballard Power Systems 'Making Progress' Morning Market Movers

Jennings Capital downgraded Ballard Power Systems Inc. (NASDAQ: BLDP) in a report issued Thursday from Buy to Hold and lowered its price target from $5 to $3.

Analyst Dev Bhangui noted that the company "reported Q3/14 results that were below our and consensus estimates. EPS were ($0.02) versus JCI and consensus of ($0.01). Revenue and gross margin m...



http://www.insidercow.com/ more from Insider

Sabrient

Sector Detector: Bullish conviction returns, but market likely to consolidate its V-bottom

Courtesy of Sabrient Systems and Gradient Analytics

Bulls showed renewed backbone last week and drew a line in the sand for the bears, buying with gusto into weakness as I suggested they would. After all, this was the buying opportunity they had been waiting for. As if on cue, the start of the World Series launched the rapid market reversal and recovery. However, there is little chance that the rally will go straight up. Volatility is back, and I would look for prices to consolidate at this level before making an attempt to go higher. I still question whether the S&P 500 will ultimately achieve a new high before year end.

In this weekly update, I give my view of the current market environment, offer a technical analysis of the S&P 500 chart, review our weekly fundamentals-based SectorCast rankings of the ten U.S. business sectors, and then o...



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OpTrader

Swing trading portfolio - week of October 27th, 2014

Reminder: OpTrader is available to chat with Members, comments are found below each post.

 

This post is for all our live virtual trade ideas and daily comments. Please click on "comments" below to follow our live discussion. All of our current  trades are listed in the spreadsheet below, with entry price (1/2 in and All in), and exit prices (1/3 out, 2/3 out, and All out).

We also indicate our stop, which is most of the time the "5 day moving average". All trades, unless indicated, are front-month ATM options. 

Please feel free to participate in the discussion and ask any questions you might have about this virtual portfolio, by clicking on the "comments" link right below.

To learn more about the swing trading virtual portfolio (strategy, performance, FAQ, etc.), please click here ...



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Stock World Weekly

Stock World Weekly

Newsletter writers are available to chat with Members regarding topics presented in SWW, comments are found below each post.

Here's the latest Stock World Weekly. Enjoy!

(As usual, use your PSW user name and password to sign in. You may also take a free trial.) 

 

#455292918 / gettyimages.com

 

...

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Market Shadows

Bill Ackman's Big Pharma Trade Is Making Wall Street A Super Awkward Place

 

#452525522 / gettyimages.com

Intro by Ilene

If you're following Valeant's proposed takeover (or merger) of Allergan and the lawsuit by Allergan against Valeant and notorious hedge fund manager William Ackman, for insider trading this is a must-read article. 

Linette Lopez describes the roles played by key Wall Street hedge fund owners--Jim Chanos, John Paulson, and Mason Morfit, a major shareholder in Valeant. Linette goes through the con...



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Option Review

LUV Options Active Ahead Of Earnings

There is lots of action in Southwest Airlines Co. November expiry call options today ahead of the air carrier’s third-quarter earnings report prior to the opening bell on Thursday. Among the large block trades initiated throughout the trading session, there appears to be at least one options market participant establishing a call spread in far out of the money options. It looks like the trader purchased a 4,000-lot Nov 37/39 call spread at a net premium of $0.40 apiece. The trade makes money if shares in Southwest rally 9.0% over the current price of $34.32 to exceed the effective breakeven point at $37.40, with maximum potential profits of $1.60 per contract available in the event that shares jump more than 13% to $39.00 by expiration. In September, the stock tou...



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Digital Currencies

Goodbye War On Drugs, Hello Libertarian Utopia. Dominic Frisby's Bitcoin: The Future of Money?

Courtesy of John Rubino.

Now that bitcoin has subsided from speculative bubble to functioning currency (see the price chart below), it’s safe for non-speculators to explore the whole “cryptocurrency” thing. So…is bitcoin or one of its growing list of competitors a useful addition to the average person’s array of bank accounts and credit cards — or is it a replacement for most of those things? And how does one make this transition?

With his usual excellent timing, London-based financial writer/actor/stand-up comic Dominic Frisby has just released Bitcoin: The Future of Money? in which he explains all this in terms most readers will have no tr...



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Pharmboy

Biotechs & Bubbles

Reminder: Pharmboy is available to chat with Members, comments are found below each post.

Well PSW Subscribers....I am still here, barely.  From my last post a few months ago to now, nothing has changed much, but there are a few bargins out there that as investors, should be put on the watch list (again) and if so desired....buy a small amount.

First, the media is on a tear against biotechs/pharma, ripping companies for their drug prices.  Gilead's HepC drug, Sovaldi, is priced at $84K for the 12-week treatment.  Pundits were screaming bloody murder that it was a total rip off, but when one investigates the other drugs out there, and the consequences of not taking Sovaldi vs. another drug combinations, then things become clearer.  For instance, Olysio (JNJ) is about $66,000 for a 12-week treatment, but is approved for fewer types of patients AND...



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About Phil:

Philip R. Davis is a founder Phil's Stock World, a stock and options trading site that teaches the art of options trading to newcomers and devises advanced strategies for expert traders...

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About Ilene:

Ilene is editor and affiliate program coordinator for PSW. She manages the site market shadows, archives, more. Contact Ilene to learn about our affiliate and content sharing programs.

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