wall street

Carnival Reports EPS In-line With Street, Hikes Dividend, Revises '11 Guidance (CCL)

Carnival Chairman and CEO Micky Arison noted that the quarter's earnings were at the high end of the company's December guidance due to lower than expected costs which offset higher than expected fuel prices.

Accounting for higher fuel prices and a weakening U.S.

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Carnival Corp. (NYSE:CCL) reported Q1 earnings Monday, posting an EPS of $0.19, which was in-line with consensus estimates. The company saw revenues of $3.4 billion for the quarter ended February 28, 2011 compared with revenues of

By Stephanie Shyu
sshyu@fnno.com

Autodesk Shares Up 3.8% After Being Raised To Outperform At RW Baird (ADSK)

Published on Mon, 03/21/2011 - 15:05
By Stephanie Shyu in General Interest, ADSK, adsk, analyst, autodesk, consensus, nasdaq, price, rating, rw baird, shares, steven ashley, stock, trade, wall street, Analyst Actions

Autodesk has a potential upside of 12% based on a current price of $40.9 and an average consensus analyst price target of $45.81.

Autodesk is currently below its 50-day moving average (MA) of $41.35 and should find support at its 200-day MA of $34.20.

adsk, analyst, autodesk, consensus, nasdaq, price, rating, rw baird, shares, steven ashley, stock, trade, wall street

Autodesk (NASDAQ:ADSK) shares are trading 3.83% higher at $40.91 after the company was raised to "outperform" from "neutral" by R.W. Baird analyst Steven Ashley.

By Stephanie Shyu
sshyu@fnno.com

Crown Castle Shares Down 4.75% After Being Cut To Outperform

Published on Mon, 03/21/2011 - 15:00
By Stephanie Shyu in General Interest, CCI, analyst, cci, consensus, crown castle, market, nyse, price, rating, raymond james, shares, stock, trade, wall street, Analyst Actions

Crown Castle International has a potential upside of 36.3% based on a current price of $37.18 and an average consensus analyst price target of $50.67.

Crown Castle International is currently below its 50-day moving average (MA) of $42.33 and below its 200-day MA of $41.39.

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Crown Castle International (NYSE:CCI) shares are trading 4.75% lower at $37.30 after the company was cut to "outperform" from "strong buy" by Raymond James & Associates, according to a Bloomberg report.

By Stephanie Shyu
sshyu@fnno.com

Tiffany & Co Reports Strong Q4 Results, Revenue up 12% YoY

Comparable store sales increased 9% compared to the year ago period.

Michael J. Kowalski, chairman and CEO, said, "These strong fourth quarter sales, which were better than the holiday results we had previously reported, were the culmination of an excellent year of strong earnings growth for Tiffan

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Tiffany & Co. (NYSE:TIF) reported Q4 EPS of $1.41, ahead of the consensus estimate for $1.39 per share. Revenue for the quarter was up 12% year-over-year to $1.1 billion, in-line with analysts' consensus estimate.

By FNNO Staff
fnnonline@gmail.com

Citigroup Raised PT For EchoStar Corp To $42, Maintained Buy Rating

Published on Thu, 03/17/2011 - 15:45
By FNNO Staff in General Interest, c, SATS, analyst, bank, citi, citigroup, consensus, echostar, eps, firm, nasdaq, price, rating, sats, stock, wall street, Analyst Actions

The bank sees 2011 EPS of $0.86 and 2012 EPS of $0.78.

EchoStar has a potential upside of 13.5% based on a current price of $35.26 and an average consensus analyst price target of $40.

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Citigroup raised its price target for EchoStar Corp. (NASDAQ:SATS) to $42 from $35 and maintained its buy rating on the stock.

By FNNO Staff
fnnonline@gmail.com

Morgan Stanley Adjusted EPS Estimates For ON Semiconductor (ONNN)

The bank now sees 2011 EPS of $0.97, down from $1.01 per share, and 2012 EPS of $1.31, up from $1.19 per share.

ON Semiconductor has a potential upside of 42.4% based on a current price of $9.76 and an average consensus analyst price target of $13.89.

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Morgan Stanley adjusted its 2011 and 2012 EPS estimates for ON Semiconductor (NASDAQ:ONNN) and maintained its overweight rating and $14 price target.

By FNNO Staff
fnnonline@gmail.com

Consumer Sector Update: March 17, 2011

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Consumer shares are higher in mid-day trading, while Kimberly-Clark Corp. (KMB) is up near 1%, although selling has moved it off its early high of $63.96. This comes after announcing this morning that it is raising prices on a ran

By Stephanie Shyu
sshyu@fnno.com

UBS Lowers PT for PartnerRe, Maintains Buy Rating (PRE)

Published on Thu, 03/17/2011 - 14:31
By Stephanie Shyu in General Interest, PRE, ubs, analyst, consensus, insurance, insurer, nyse, partnerre, pre, price, rating, reinsurance, stock, ubs, wall street, Analyst Actions
analyst, consensus, insurance, insurer, nyse, partnerre, pre, price, rating, reinsurance, stock, ubs, wall street

UBS lowered its target price for PartnerRe (NYSE:PRE) to $83 from $86 and reiterated its buy rating for the company. The adjustment is part of an industry-wide lowering of target prices in the insurance and re-insurance industry,

By Stephanie Shyu
sshyu@fnno.com

Hewlett-Packard sees FY14 EPS of at least $7, plans to develop cloud services

analyst, app, cloud, computer, consensus, device, dividend, earnings, eps, hewlett packard, hp, hpq, investor, service, tech, wall street

Hewlett-Packard (HPQ) provided FY14 EPS guidance of at least $7.00 and reiterated its F11 EPS guidance of $5.20-$5.28, compared with the consensus estimate of $5.24, during its investor summit last night. Hewlett-Packard stated th

By Stephanie Shyu
sshyu@fnno.com

Aeropostale Beats Street EPS By A Penny, Issues 2011 Guidance (ARO)

Full year earnings came in at $2.49 per diluted share compared with $2.27 last year. Net sales in 2010 increased 8% to $2.4 billion, while same store sales were also up by 1% compared to a 10% increase last year.

Thomas P.

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Aeropostale (NYSE:ARO) reported Q4 earnings Thursday afternoon, posting an EPS of $0.98, which beat the analyst consensus of $0.97 by a penny. Net sales in the quarter rose 5% year-over-year to $839.3 million. Same store sales fel

By Stephanie Shyu
sshyu@fnno.com

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