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From the Blogosphere
Earnings highlights: Alcoa, Costco, Family Dollar, Marriott, PepsiCo, Yum! Brands ...
Analyst upgrades, downgrades and initiations: VIA, RIMM, ARO, JPM, BMY
Notable Analyst Rating Changes 10/9: VIA, AKS, SY, MAR, RIMM; ARO, MT, BMY, LTD Downgrade
StreetInsider.com Notable Analyst Rating Changes:UPGRADES:Piper Jaffray & Co. upgrades Viacom (NYSE: VIA) from Neutral to Overweight. Price target increased from $29 to $35. Click <h ref="http://www.streetinsider.com/Upgrades/Piper+Jaffray+Upgrades+Viacom+%28VIA%29+to+Overweight%3B+Sees+Improving+Ad+Market/5006701.html">here for more color.Deutsche Bank upgrades AK Steel (NYSE: AKS) to Buy from Hold. Click <h ref="http://www.streetinsider.com/Upgrades/Deutsche+Bank+Upgrades+AK+Steel+%28AKS%29+to+Buy/5006636.html">here for more color.Wedbush Morgan upgrades Sybase, Inc. (NYSE: SY) from Neu...
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Marriott beats in Q3, but is stock too high to buy?
Filed under: Earnings reports, Marriott Intl'A' (MAR) Marriott International (NYSE: MAR), a leading brand in the highly competitive hotelier industry, posted third-quarter results Thursday morning. Management actually went beyond the high end of its guidance by producing adjusted income from continuing operations of 15 cents per diluted share. According to our earnings preview, Wall Street was figuring on 13 cents per share for the bottom line. <>Of course, the earnings beat has to be put in some perspective. Earnings from continuing operations declined well over 50% year-over-year. And the to>...
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Before the bell: Stock futures climb after surprising results from Alcoa
Filed under: Before the bell, International markets, Earnings reports, Dell (DELL), PepsiCo (PEP), Market matters, International Business Machines (IBM), Alcoa Inc (AA), Marriott Intl'A' (MAR), Economic data U.S. stock futures climbed Thursday morning, helped by a surprise profit from aluminum giant Alcoa (NYSE: AA). Investors were encouraged by the news, hoping that it's a sign to come for the third quarter earnings season and that once again many companies will beat expectations when reporting earnings.
Despite hopes early Wednesday Wall Street was in for a third day of gains, stocks ended ...
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