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Analyst Sees Two New iPhones This Summer, Could Spur Massive Upgrade Cycle
Monday, March 17, 2014 - 1:13pm | 107Read More...ISI Group believes Apple's (NASDAQ: AAPL) new iPhone may spur the “mother lode” of upgrade cycles. Brian Marshall, analyst at ISI Group, points to two new iPhones, which will have 4.7 and 5.5 inch displays. The analyst believes Apple's lack of large-screen iPhones may have been the company's...
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What The DECK Happened? Deckers Outdoor Announces Ugly Guidance
Friday, February 28, 2014 - 3:19pm | 894Read More...Despite a strong fourth quarter report released on Thursday, shares of Deckers Outdoor (NASDAQ: DECK) tumbled lower as investors clearly signaled the company's guidance for 2014 was unacceptable. Deckers easily beat its fourth quarter consensus estimate of $3.80 by $0.24. Revenue of $736...
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Cisco Earnings Preview: What The Analysts Are Saying
Wednesday, February 12, 2014 - 2:53pm | 806Read More...Tech heavyweight Cisco (NASDAQ: CSCO) is set to report its second quarter results after the closing bell on Wednesday. The consensus EPS is $0.46 on revenue of $11.03 billion. When Cisco reported its first quarter results in November, the company beat the consensus EPS by two cents but revenue...
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Which Retailer Will Be Next To Discontinue Tobacco Sales?
Wednesday, February 5, 2014 - 6:20pm | 618Read More...So, who's next? Now that CVS (NYSE: CVS), the nation's second-largest drugstore chain, has announced it will phase out the sale of tobacco products at its stores by October of this year, consumers and investors are watching to see which retail chain will be next to fall in line and ban cigars,...
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Market Wrap For February 5: Markets Unsure Of Which Direction To Take
Wednesday, February 5, 2014 - 5:47pm | 3034Read More...U.S. stocks finished the day almost unchanged as investors and traders were presented with a mixed bag of data today. A better than expected report on the service sector negated another report that showed that companies added fewer employees to their payrolls than anticipated in January. The...
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Target Updates Concerned Clients and Investors Over Data Breach
Friday, January 10, 2014 - 4:18pm | 378Read More...On Friday, Target (NYSE: TGT) issued a press release to update investors and concerned clients over its recent data breach. The company stressed the fact that affected clients will have zero liability for any fraudulent charges as a result of the data breach. Additionally, the company will offer...
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Market Wrap For December 13: Major Indices Finish The Day Flat
Friday, December 13, 2013 - 5:45pm | 2270Read More...Major indices were looking for a rebound after a four day skid which included multiple triple digit point losses for the Dow. Futures pointed to a higher opening as investors found reason to be positive in the House's passing of the budget agreement last night. The markets were unable to hold on...
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ISI Group is "Somewhat Disappointed" by Initial Impressions of Apple's iBeacon, But Sees Long-Term Potential
Friday, December 6, 2013 - 12:23pm | 139Read More...In a report published Friday, ISI Group analyst Brian Marshall reiterated a Strong Buy rating and $600.00 price target on Apple (NASDAQ: AAPL). In the report, ISI Group noted, “We believe iBeacon will become an attractive marketing/sales tool over time, but were somewhat disappointed by the lack...
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UPDATE: ISI Group Downgrades Brocade Communications Systems as Original Upgrade Thesis is Largely Played Out
Monday, November 25, 2013 - 11:23am | 227Read More...In a report published Monday, ISI Group analyst Brian Marshall downgraded the rating on Brocade Communications Systems (NASDAQ: BRCD) from Buy to Neutral, but reiterated the $9.00 price target. In the report, ISI Group noted, “Recall we upgraded BRCD to a BUY rating (from NEUTRAL) on June 6th...
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Hologic Announced Stockholder Rights Plan
Thursday, November 21, 2013 - 2:34pm | 332Read More...Hologic (NASDAQ: HOLX) announced on Thursday that their Board of Directors unanimously adopted a one-year stockholder rights plan (the Rights Plan) following Carl Icahn's announcement that he intends to acquire an approximate 13 percent stake in the company. In the press release, the Rights Plan...
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UPDATE: ISI Group Downgrades Entergy as Thesis is Not Panning Out as Anticipated
Monday, November 11, 2013 - 12:20pm | 193Read More...In a report published Monday, ISI Group analyst Greg Gordon downgraded the rating on Entergy (NYSE: ETR) from Buy to Neutral, and lowered the price target from $70.00 to $64.00. In the report, ISI Group noted, “At EEI, ETR provided three valuable modeling parameters through '16. At their utilities...
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UPDATE: ISI Group Initiates Coverage on Brixmor Property Group on Fair Valuation
Wednesday, November 6, 2013 - 11:48am | 204Read More...In a report published Wednesday, ISI Group analyst Samit Parikh initiated coverage on Brixmor Property Group (NYSE: BRX) with a Neutral rating and $21.00 price target. In the report, ISI Group noted, “We are initiating coverage of Brixmor (BRX) with a Neutral rating and $21 price target. Brixmor,...
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UPDATE: ISI Group Upgrades ICON plc Following Weaker PRXL Results
Thursday, October 31, 2013 - 10:09am | 191Read More...In a report published Thursday, ISI Group analyst Ross Muken upgraded the rating on ICON plc (NASDAQ: ICLR) from Buy to Strong Buy, and reiterated the $49.00 price target. In the report, ISI Group noted, “Tuesday evening one of ICLR's close CRO competitors, PRXL, released weaker than anticipated...
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UPDATE: ISI Group Downgrades MedAssets Following Earnings Results
Thursday, October 31, 2013 - 10:08am | 248Read More...In a report published Thursday, ISI Group analyst Michael Cherny downgraded the rating on MedAssets (NASDAQ: MDAS) from Neutral to Buy, and lowered the price target from $28.00 to $26.00. In the report, ISI Group noted, “We are downgrading MDAS from Buy to Neutral post [yesterday] afternoon's...
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ISI Group Analyzed 2Q14 Earnings, Increasing FY15 Estimates and PT
Monday, October 28, 2013 - 3:31pm | 177Read More...In a report published Friday, ISI group analyst Glenn Schorr analyzed Legg Mason Inc. (NYSE: LM) fiscal 2Q14 earnings. The analyst increased FY15 estimates and Legg's PT. Legg reported 3Q13 EPS of $0.70 versus ISI of $0.53 and consensus of $0.62. The quarter reported +40bps of adjusted margin...
