Auriga USA LLC upgraded its rating on shares of Nvidia Corp. (NASDAQ: NVDA) to buy from hold and raised its price target to $24 from $19, as it sees potential for strong growth in Tegra, which may more than offset its flattish GPU business.
Balasubramanyam Seshan
May 31, 2011
Lockheed Martin Corp, the U.S. government's No. 1 provider of information technology services, said on Sunday that a tenacious cyberattack on its network last weekend was part of a pattern of frequent attacks on it from around the world.
IBT Staff Reporter
May 29, 2011
Procter & Gamble Co
sued Vi-Jon Inc again for infringing its patents and trademarks, this time for making and selling a bottle for a Target mouthwash that looks too much like P&G's Scope Outlast.
IBT Staff Reporter
May 27, 2011
Rising inflation, higher commodity prices and lower global economic growth will weigh on margins of S&P 500 <.SPX> companies, said Goldman Sachs, as it forecast a lower 2012 earnings outlook, and reduced its year-end target on the index.
IBT Staff Reporter
May 26, 2011
Toshiba Corp said it may need to push back by several years a target to capture 39 orders for nuclear reactors by March 2016, as governments tighten regulations in the wake of the crisis at the Fukushima Daiichi nuclear plant.
IBT Staff Reporter
May 24, 2011
Wedbush Securities said its channel checks point to continued market share expansion for Harley-Davidson, Inc. (NYSE: HOG). The brokerage maintained its outperform rating on shares of Harley-Davidson with a price target of $48.
Balasubramanyam Seshan
May 23, 2011
FBR Capital Markets upgraded its rating on shares of Nara Bancorp, Inc. (NASDAQ: NARA) to "outperform" from "market perform" ahead of near-term catalysts and recent pullback, with a price target of $10.
Balasubramanyam Seshan
May 23, 2011
Shoppers are spending cautiously because of higher food and gas prices, results reported on Wednesday by Target Corp and BJ's Wholesale Club Inc showed.
IBT Staff Reporter
May 18, 2011
Shoppers are spending cautiously because of higher food and gas prices, quarterly results from Target Corp and BJ's Wholesale Club Inc showed on Wednesday.
IBT Staff Reporter
May 18, 2011
Target Corp posted a bigger-than-expected rise in quarterly profit on Wednesday, as soaring profitability in its credit card business mitigated the impact of some sluggish sales at its stores.
IBT Staff Reporter
May 18, 2011
The companies whose shares are moving in pre-market trade on Wednesday are: Safeguard Scientifics, Jaguar Mining, Analog Devices, Abercrombie & Fitch, NYSE Euronext, Titanium Metals, BJ's Wholesale Club, Target, Nvidia, Hewlett-Packard and Apollo Group.
Satya Nagendra Padala
May 18, 2011
The London Stock Exchange's shares rose sharply as analysts said the LSE could find itself vulnerable to a bid if its planned tie-up with Canada's TMX falls apart following a counter offer for TMX.
IBT Staff Reporter
May 16, 2011
Jefferies & Co. upgraded its rating on shares of Demand Media Inc (NYSE: DMD) to buy from hold based on strong first quarter results, with a price target of $22.
Balasubramanyam Seshan
May 06, 2011
Jefferies & Co. initiated coverage of AsiaInfo-Linkage, Inc. (NASDAQ: ASIA) with a buy rating and a price target of $27, implying 41 percent upside.
Balasubramanyam Seshan
May 05, 2011
Jefferies & Co. upgraded its rating on shares of ValueClick Inc. (NASDAQ: VCLK) to buy from hold and increased its price target to $20 from $17, based on improving fundamentals and lower risk profile.
Balasubramanyam Seshan
May 04, 2011
Jefferies & Co. raised its price target on shares of Autodesk, Inc. (NASDAQ: ADSK) to $47 from $42, while maintaining its hold rating. The brokerage raised its fiscal 2012 EPS estimate for Autodesk to $1.73 on revenue of $2.21 billion from $1.62 on revenue of $2.156 billion, and its 2013 estimate to $2.08 on revenue of $2.474 billion from $1.93 on revenue of $2.381 billion.
Balasubramanyam Seshan
May 02, 2011
In the wake of Apple's iPhone tracking scandal, some government organizations have begun investigating allegations that Apple has intentionally tracked its customers.
IBT Staff Reporter
Apr 26, 2011
FBR Capital Markets upgraded its rating on shares of Marriott International, Inc. (NYSE: MAR) to outperform from market perform with a price target of $43.
Balasubramanyam Seshan
Apr 25, 2011
When the guy who runs the rival store up the road drops in for a visit, a lot of shop talk can be expected -- especially if that guy is Wal-Mart Chief Executive Mike Duke and you are running the only Target store for miles around.
IBT Staff Reporter
Apr 21, 2011
Washington Democrats and Republicans have already generally agreed - though no official deal is in place - that the U.S. debt will grow by trillions of dollars over the next 10 years and that the pace of its growth must slow. How the government will cut deficits in the years to come is a matter of debate and Congress is undecided.
IBT Staff Reporter
Apr 20, 2011
Yahoo Inc posted quarterly earnings that topped Wall Street targets, and its shares rose more than 3 percent as Chief Executive Carol Bartz said the number of users and time spent at Yahoo sites rose from a year ago.
IBT Staff Reporter
Apr 19, 2011
Yahoo Inc posted quarterly revenue slightly ahead of Wall Street targets and shares rose 3 percent.
IBT Staff Reporter
Apr 19, 2011
