Archive for September, 2010
Barclays PLC (NYSE: BCS) Boosts Estimates on Motorola (NYSE: MOT)
Posted by: | CommentsEquities research analysts at Barclays PLC (NYSE: BCS) raised their price target and earnings estimates on shares of Motorola (NYSE: MOT). The analysts set a $10.00 price target and reiterated an “overweight” rating on the stock in a research note to investors on Wednesday.
Motorola, Inc. provides technologies, products and services for mobile phones. Its portfolio includes wireless handsets, wireless accessories, digital entertainment devices, set-top boxes and video distribution systems, analog and digital two-way radios, wireless and wireline broadband network products, and end-to-end enterprise mobility products. The Company operates under three segments: Mobile Devices segment, Home and Networks Mobility segment and Enterprise Mobility Solutions segment. In January 2010, the Company acquired SecureMedia from Innovation Advisors. In February 2010, the Company acquired BitBand, a provider of content management and delivery systems, specializing in video on demand for Internet protocol television (IPTV). In September 2010, the Company acquired Aloqa GmbH, a developer of location-based software and technologies.
Shares of MOT traded down 0.47% during mid-day trading on Wednesday.
This article (Barclays PLC (NYSE: BCS) Boosts Estimates on Motorola (NYSE: MOT)) was originally developed by and is property of American Banking News. Checkout American Banking News for up-to-date banking news and peer to peer lending news.
Goldman Sachs Group Inc. (NYSE: GS) Gives Children’s Place (NASDAQ: PLCE) a “Buy” Rating
Posted by: | CommentsEquities research analysts at Goldman Sachs Group Inc. (NYSE: GS) gave a new “buy” rating on shares of Children’s Place (NASDAQ: PLCE) with a price target of $56.00 in a research note to investors on Wednesday.
The Children’s Place Retail Stores, Inc. (The Children’s Place) is a pure-play children’s specialty apparel retailer in North America. It provides apparel and related accessories for children from newborn to ten years old. It designs, contracts to manufacture and sells merchandise under the The Children’s Place brand name. The Children’s Place has differentiated departments and is dedicated to serving the needs of Girls and Boys (sizes 4-14), Baby Girls and Boys and newborn (sizes 0-12 months.). Its merchandise is also available at its online store located at www.childrensplace.com. As of January 30, 2010, the Company owned and operated 947 stores throughout North America, as well as its online store. During the fiscal year ended January 30, 2010 (fiscal 2009), it opened 38 stores and closed eight stores. It has 589 stores located in regional malls, 182 in strip centers, 129 in outlet centers and 47 street stores.
Shares of PLCE traded up 1.75% during mid-day trading on Wednesday.
This article (Goldman Sachs Group Inc. (NYSE: GS) Gives Children’s Place (NASDAQ: PLCE) a “Buy” Rating) was originally developed by and is property of American Banking News. Checkout American Banking News for up-to-date banking news and peer to peer lending news.
Wells Fargo & Co. (NYSE: WFC) Gives Wynn Resorts (NASDAQ: WYNN) an “Outperform” Rating
Posted by: | CommentsEquities research analysts at Wells Fargo & Co. (NYSE: WFC) gave shares of Wynn Resorts (NASDAQ: WYNN) a new “outperform” Rating in a research note to investors on Wednesday, saying that Wynn Macau is performing well.
Wynn Resorts, Limited (Wynn Resorts) is a developer, owner and operator of destination casino resorts. It owns and operates two destination casino resorts Wynn Las Vegas, on the Strip in Las Vegas, Nevada, Encore at Wynn Las Vegas located adjacent to Wynn Las Vegas, and Wynn Macau, located in the Macau Special Administrative Region of the People’s Republic of China (Macau). The Company is also constructing Encore at Wynn Macau, an expansion of its Wynn Macau resort. The Company operates in two segments: Wynn Las Vegas, (which includes Encore at Wynn Las Vegas) and Wynn Macau.
Shares of WYNN traded down 1.45% during mid-day trading on Wednesday.
This article (Wells Fargo & Co. (NYSE: WFC) Gives Wynn Resorts (NASDAQ: WYNN) an “Outperform” Rating) was originally developed by and is property of American Banking News. Checkout American Banking News for up-to-date banking news and peer to peer lending news.