UPDATE: Notable 52-Week Highs and Lows of the Day 09/04: (STEM) (CBB) (AMZN) High; (FB) (ANR) (JASO) Low

Morgan Stanley Cuts Price Target on Facebook (FB) to $32

September 4, 2012 2:04 PM EDT

Morgan Stanley's Scott Devitt is the latest analyst to cut his price target on Facebook (NASDAQ: FB). Devitt goes from $38 to $32, while keeping his Overweight rating on the stock.

The analyst cut 2015-2020 revenue estimates on a likely decrease in desktop... More

Facebook (FB) Bull Gets a Little Less Bullish, But Still Sees 70% Upside

September 4, 2012 1:44 PM EDT

Another day, another new low for Facebook (NASDAQ: FB).

This was the case yet again today with shares hitting as low as $17.55 per share. But according to one analyst, while prospects are dimmer they are still bright.

JPMorgan analyst Doug Anmuth slashed his price target on Facebook today from $45 to $30, which still suggests nearly 70 percent upside from current levels. Anmuth maintained his 'Overweight' rating.

The analyst expects advertising revenue to... More

Moody's Warning on Europe Adds Pressure to Solar Stocks (FSLR) (YGE) (TSL)

September 4, 2012 11:23 AM EDT

Solars are getting hit Tuesday as a new Moody's call is pressuring a key sales market.

Solar stocks have derived the lions share of sales from Europe in the past. Today' Moody's issued a warning to the European Union that it could lose its Aaa debt rating, while cutting... More

Cincinnati Bell (CBB) Ramps on Upgrade to Strong Buy

September 4, 2012 11:01 AM EDT

Shares of Cincinnati Bell (NYSE: CBB) are sharply higher Tuesday after Raymond James upgraded the stock from Outperform to Strong Buy.

For an analyst ratings summary and ratings history on Cincinnati Bell... More

Amazon (AMZN), EPIX Enter New Multi-Year Streaming Agreement

September 4, 2012 9:41 AM EDT

Today, Amazon (Nasdaq: AMZN) and EPIX announce a multi-year licensing agreement in the U.S., which will add thousands of new releases, classic library titles and original programs to Prime Instant Video. Programming from the agreement includes movies from EPIX studio partners, Paramount Pictures, Metro-Goldwyn-Mayer... More

StemCells (STEM) Reports Positive Data from HuCNS-SC Phase I/II; Says Sensory Gains 'Considerable'

September 4, 2012 7:59 AM EDT

StemCells, Inc. (Nasdaq: STEM) announced that interim six-month data from the first patient cohort in the Company's Phase I/II clinical trial of its proprietary HuCNS-SC product candidate (purified human neural stem cells) for chronic spinal cord injury continues to demonstrate a favorable safety profile, and shows considerable gains in sensory function in two of the three patients compared to pre-transplant baselines. The third patient... More

Dahlman Rose Downgrades Alpha Natural Resources (ANR) to Hold; Lack of Upside From Weak Met Market

September 4, 2012 7:47 AM EDT

Dahlman Rose downgraded Alpha Natural Resources (NYSE: ANR) from Buy to Hold.

Analyst, Daniel Scott, said, "We expect Alpha to take off about a million tons of met production, to 23 million tons from 24 million tons, in 2013 from its highest cost... More

Campbell Soup Co. (CPB) Tops Q4 EPS by 3c; Guides FY13 EPS, Revs

September 4, 2012 7:31 AM EDT

Campbell Soup Co. (NYSE: CPB) reported Q4 EPS of $0.41, $0.03 better than the analyst estimate of $0.38. Revenue for the quarter came in at $1.61 billion versus the consensus estimate of $1.6 billion.

Campbell Soup Co. sees FY2013 EPS of $2.51-2.57, versus the consensus of $2.52. In fiscal 2013,... More

About Studio 3 Partners

Studio 3 Partners is the parent company of EPIX. A joint venture between Viacom, Paramount, Metro-Goldwyn-Mayer Studios and Lionsgate, EPIX is a next-generation multiplatform premium entertainment channel, video-on-demand, and online service.