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From the Blogosphere
Notable Analyst Rating Changes 10/30: OMX, TXN, RVSN, SXE, DISH Upgraded; MON< VMW, BYD, NDN Downgraded
UPGRADES:Goldman Sachs upgraded OfficeMax Inc. (NYSE: OMX) from Neutral to Buy, and set a $14 price target.Bernstein upgrades Texas Instruments (NYSE: TXN) from Market Perform to Outperform. Price target increased by $2 to $30. Morgan Keegan upgrades RADVISION Ltd. (NASDAQ: RVSN) from Underperform to Market Perform. Oscar Gruss also upgraded RADVision Ltd. from Reduce to Hold, sets a price target of $6. Click Here for more color from Oscar Gruss.Wells Fargo upgrades Stanley, Inc. (NYSE: SXE) from Market Perform to Outperform. Valuation range increased from $29-31 to $32-34. Click Here f...
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Morning Movers 10/01: CPRX, BIOF, CHTP, RAME, XRTX, IVD Higher; RVSN, CRAI, ASTI, ROC, PAG, UAUA Lower
Catalyst Pharmaceutical Partners, Inc. (Nasdaq: CPRX) <font>78.2% HIGHER;</font> is a big winner today after the company said it will continue to develop CPP-109 (version of vigabatrin) for the treatment of cocaine and methamphetamine addiction following a in-depth review of the results from two trials. Click here for the full report.Radvision (NASDAQ: RVSN) <font>35.2% LOWER;</font> downgraded at RBC, Cantor Fitzgerald and Morgan Keegan. The downgrades follow news that Cisco will acquire Tandberg, a key competitor of RadVision. Biofuel Energy (Nasdaq: BIOF) <font>32.4% HIGHER;</font> today...
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Radvision Crushed As Cisco Buys Rival Tandberg
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<>Radvision (RVSN) shares are getting crushed this morning on news that Cisco (CSCO), the company’s largest customer, is buying Tandberg, a key competitor. As several analysts note this morning, Cisco of late has accounted for close to 40% of Radvision’s sales, reselling products that are directly competitive with video conferencing gear sold by Tandberg. The suspicion, of course, is that all of that business with Cisco will before long completely disappear. The other thing to note is that there had been some hope that Radvision might be an obvious acquisition target for Cisco, but that now<><><><><><><><><><><><><><><><><>< /><><>< /><>< /><>< /><>< /><>< />< />...
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Investor Insight: Interview with Abba Horwitz, Old School Partners
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An interview with Abba Horwitz of Old School Partners was featured as part of our new subscription newsletter, Israel Opportunity Investor. You can find out more about the company and the opportunities we cover at www.israelnewsletter.com ************************************************************ <>Tell us a little about yourself and your fund.
Abba Horwitz, Portfolio Manager: We started started Old School Partners in March of 1999.?? Since then, we’ve compounded a net return to investors of around 19%.?? We’re running the fund for the most part from Israel.?? With a junior partner, I’m<><>< /><><><>< /><><><><><>< /><><><><><><>< /><><><><><><><><>< /><><><><><><><>< /><><><>< /><><><>< /><>< /><>< /><>< /><>< /><>< /><>< /><>< /><>< /><>< /><><><>< /><><>< /><>< /><>< />...
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Investor Insight: Interview with Abba Horwitz, Old School Partners
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An interview with Abba Horwitz of Old School Partners was featured as part of our new subscription newsletter, Israel Opportunity Investor. You can find out more about the company and the opportunities we cover at www.israelnewsletter.com ************************************************************ <>Tell us a little about yourself and your fund.
Abba Horwitz, Portfolio Manager: We started started Old School Partners in March of 1999. Since then, we’ve compounded a net return to investors of around 19%. We’re running the fund for the most part from Israel. With a junior partner, I’m<><>< /><><><>< /><><><><><>< /><><><><><><>< /><><><><><><><><>< /><><><><><><><>< /><><><>< /><><><>< /><>< /><>< /><>< /><>< /><>< /><>< /><>< /><>< /><>< /><><><>< /><><>< /><>< /><>< /><>< /><>< /><>< />< />...
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About RADVision Ltd.
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