ThinkEquity
ThinkEquity downgrades Move, Inc. (Nasdaq: MOVE) from Buy to ...
Pacer International (NASDAQ: PACR) 53.5% HIGHER; reports Q3 EPS of $0.02, 3 cents better than the analyst estimate of ($0.01).
STEC, Inc. (NASDAQ: STEC) 36.2% LOWER; reports Q3 EPS of $0.50, 3 cents better than the analyst estimate of $0.47. Revenue for the quarter was $98.30 million, which compares to the estimate of $96.58 million. Sees Q4 EPS $0.51 - $0.53, versus $0.52 consensus. Also sees Q409 sales $101 - $103 million, versus $106 million. The stock was also downgraded at ThinkEquity, Deutsche Bank and Wedbush.
Ambac Financial Group ...
UPGRADES:
Wunderlich Securities upgrades Viacom (NYSE: VIA-B) from Hold to Buy. Price target increased from $31 to $34. Click Here for more color. The stock was also upgraded to Outperform at Oppenheimer and to Buy at Miller Tabak.
Digital River (Nasdaq: DRIV) upgraded at to Overweight at Piper Jaffray and to Buy at Collins ...
MOD-PAC Corp. (NASDAQ: MPAC) 93.5% HIGHER; reports Q3 EPS of $0.29, versus the $0.00 reported in the same quarter last year. Revenue for the quarter was $12.6 million, flat from Q308.
STEC, Inc. (NASDAQ: STEC) 31.5% LOWER; reports Q3 EPS of $0.50, 3 cents better than the analyst estimate of $0.47. Revenue for the quarter was $98.30 million, which compares to the estimate of $96.58 million. Sees Q4 EPS $0.51 - $0.53, versus $0.52 consensus. Also sees Q409 sales $101 - $103 million, versus $106 million. The stock was also downgraded at ThinkEquity, Deutsche Bank and Wedbush.
Ambac Financial Group, Inc. (NYSE: ABK) 29.7% HIGHER; reported Q3 EPS of $7.58, versus a loss of $8.45 last year. The third quarter 2009 results reflect significant unrealized mark-to-market gains in the credit derivatives portfolio and gains resulting from reinsurance cancellations during the quarter.
Clarient, Inc. (NASDAQ: CLRT) 24.9% LOWER ...
From Notable Calls
Wanted to highlight some comments on STEC Inc (NASDAQ: STEC) following results (stock was down 30% in after hours trading):
- Needham says they remain positive about enterprise SSD opportunity in 2010, but recognize that the EMC inventory overhang clouds the story temporarily. Despite this dynamic, they are comfortable with at least $2 in earnings power for 2010, leaving the stock compelling following the overreaction to 3Q/4Q earnings.
ZeusIOPS revenue improves slightly. ZEUSIOPS revenues were approximately $60.7 million, up from roughly $57 million in the previous quarter but below firm's original estimate for $68 million.
Estimated reserves announced against recent $120 million supply arrangement (who they believe is EMC) for sales & marketing efforts to facilitate sell-through at customer, which indicated it may now carry inventory into 1Q2010.
Adjusting estimates. Revising 4Q estimates to $102 million in revenue and $0.52 in non-GAAP EPS, vs. their prior $105 ...
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ThinkEquity downgrades STEC (STEC) to Hold
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Human Genome (HGSI) volatility low at 73 after announcing positive data
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ThinkEquity Upgrades ViroPharma (VPHM) to Buy
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Notable Analyst Rating Changes 10/28: TXN, MOT, TGT, WYNN, ILMN Upgraded; APOL, SNDK, NVDA, X, VCLK Downgraded
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ThinkEquity Downgrades ValueClick (VCLK) to Hold
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Telvent Announces Pricing of Public Offering of Ordinary Shares by Abengoa
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ThinkEquity Downgrades Allion Healthcare (ALLI) to Hold
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ThinkEquity Downgrades SXC Health Solutions (SXCI) to Hold
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AspenBio Pharma Announces Closing of Public Offering of 5,155,000 Common Shares
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Jason Kolbert Joins National Securities As Head of Healthcare Research
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David Moenning's Daily State of the Markets: A Day In The Life
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ThinkEquity Starts Franklin Covey (FC) With a Buy Rating
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ThinkEquity Upgrades NetApp (NTAP) to Buy
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ThinkEquity Resumes Coverage on Aruba Networks (ARUN) with a Buy
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AspenBio Pharma (APPY) to Offer 4.48M Common at $1.70 Per Share
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AspenBio Pharma Announces Public Offering of 4,482,609 Common Shares
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Notable Analyst Rating Changes 9/30: NKE, HBAN, AMSC, CPSL, EHTH, ADM Upgraded; TGT, PSSI, GLBC, ICON Downgraded
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ThinkEquity Upgrades eHealth (EHTH) to Buy
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Newegg Files $175M IPO
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Merriman Curhan Ford Hires Veteran C.E. Unterberg, Towbin and UBS Investment Bankers
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ThinkEquity Starts OraSure Tech. (OSUR) at Buy
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OpenTable (OPEN) Prices 6.97M Shares at $28
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OpenTable, Inc. Announces Pricing of Its Secondary Offering
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Notable Analyst Rating Changes 9/22: HPQ, M, X, DISH, BTU Upgraded; DELL, VMC, RAD, RDC Downgraded
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ThinkEquity Initiates Coverage on Take-Two Interactive (TTWO) with a Buy
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ThinkEquity Upgrades Fuel Systems Solutions (FSYS) to Buy
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ThinkEquity Downgrades InterMune (ITMN) to Source of Funds
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CVD Equipment Corporation Appoints Kelly S. Walters to its Board of Directors
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ThinkEquity Initiates Coverage on Internet Capital Group (ICGE) with a Buy
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DataXu Launches the First Real-Time Optimization Platform for Advertisers
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Isilon to Present at ThinkEquity's Growth Conference
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ANADIGICS to Webcast at Think Equity Conference
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Undertone Networks Unveils New Offering for Publishers
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SuccessFactors Chief Marketing Officer to Present at ThinkEquity's 6th Annual Growth Conference
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DG FastChannel(R) to Present at G6: ThinkEquity's 6th Annual Growth Conference
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Exar Corporation to Present at G6: ThinkEquity's 6th Annual Growth Conference
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Osiris Therapeutics to Present at ThinkEquity and UBS Conferences
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NetScout Systems to Present at ThinkEquity's 6th Annual Growth Conference
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K12 Inc. Announces Upcoming Investor Conference Schedule
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Gilead Sciences to Present at Three Upcoming Investor Conferences
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Intermap Technologies to Present at ThinkEquity G6 Growth Conference in San Francisco on September 16
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Valence Technology to Participate in ThinkEquity Annual Growth Conference
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Regeneron Announces September 2009 Investment Conference Presentations
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LivePerson to Present at G6 - ThinkEquity Partners' Sixth Annual Growth Conference
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Salesforce.com Chief Financial Officer to Present at Upcoming Investor Events
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CSR plc to Present at Upcoming Conferences
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ThinkEquity Downgrades Catalyst Health Solutions (CHSI) to Source of Funds
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Inverness Medical Innovations Announces September Investor Conference Schedule
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Internet Capital Group's Walter Buckley to Speak at ThinkEquity Partners, LLC 6th Annual Growth Conference on September 16, 2009
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3PAR to Present at ThinkEquity Growth Conference
