Broadpoint Amtech

DivX Inc (NASDAQ: DIVX) soared 30.22% to $9.05 in the pre-market session. DIVX is going to be bought by Sonic Solutions (NASDAQ: SNIC) for about $323 million. Hercules Offshore Inc (NASDAQ: HERO) added 7.81% to $2.76 in pre-market trading. HERO’s shares had plunged 12.8% yesterday to $2.72, as most...

In China, striking workers who have paralyzed Honda Motor Company’s (NYSE: HMC) production lines have been offered a 24% pay hike and benefits by the company. However, production at Chinese plants will remain halted till at least June 3 as some holdouts are still not satisfied. The walkout at Honda...

Leading data storage and information security company EMC (NYSE: EMC) has gained 50% in market cap in the past year. According to Barron’s, the company’s stock still has an upside potential for gain. The stock is likely to benefit from improving economy and the resurgence in demand. According to...

The Federal Communications Commission has unveiled a new broadband policy. In an interview with CNBC, John Hodulik, telecom analyst at UBS, said, “It’s really hard to tell what it means.” The new rule states that telecommunications service would be subject to “common carrier” obligation. This...

Analysts at Broadpoint AmTech initiate coverage of CACI International (NASDAQ: CACI) with a "neutral" rating. CACI’s shares gained 1.37% to $51.70 at 10:17 am. More Analyst Ratings here.

Broadpoint AmTech analysts Mark McKechnie and Stephen Patel reiterated their Buy rating for shares of Marvell Technology Group (Nasdaq: MRVL), with a price target of $25. The analysts said that Marvell Technology Group stands to benefit from the March addition of 3.4 million China Mobile Limited (...

Analysts Brad Whitt and Brian Wallins at Broadpoint AmTech have released an update on Ariba, Inc. (NASDAQ: ARBA). The company will report its second-quarter results on April 29. Analysts anticipate the company to report an in-line quarter. Based on their research, analysts say that the business...

Analysts Benjamin Schachter and Thomas C. White at Broadpoint AmTech have released an update on Yahoo! Inc. (NASDAQ: YHOO). Yahoo has confirmed to analysts at Broadpoint AmTech that Ari Balogh, CTO and EVP of products, will be leaving the company for personal reasons. Balogh was involved in...

Analyst Yun Kim at Broadpoint AmTech has released an update on Manhattan Associates (NASDAQ: MANH). According to Broadpoint AmTech, the company had a strong first-quarter, with at least three $1 million plus deals. Broadpoint AmTech expects the company to report license revenue in excess of its $...

Analysts Benjamin Schachter and Thomas C. White at Broadpoint AmTech have released an update on eBay Inc. (NASDAQ: EBAY). On Tuesday, eBay announced that it was in the process of re-branding and re-focusing its classifieds strategy in the U.S. According to analysts, the company has experienced...

Broadpoint AmTech says Honeywell (NYSE: HON) remains undervalued as end market volumes recover. Broadpoint raised their EPS estimate and price target on the aerospace and automotive parts maker. Broadpoint increased their price target to $60 from $48 and raised their 2010 EPS estimate to $2.50 from...

Analyst Yun Kim at Broadpoint AmTech has released an update on Oracle Corporation (NASDAQ: ORCL). The company reported its third-quarter results on Thursday. Oracle’s core license business grew 5% in its third-quarter. The company’s applications business was also strong in the quarter, registering...

Analysts at Broadpoint Amtech maintain their "buy" rating on Motorola Inc (NYSE: MOT), while reducing their estimates for the company. The target price for MOT is set to $10. According to Broadpoint Amtech, “…checks suggest mixed progress for MOT's handsets with Android momentum offset by weaker...

Analyst Edlain Rodriguez at Broadpoint AmTech has released an update on CF Industries Holdings, Inc. (NYSE: CF). The company finally succeeded in its chase, which lasted a year, for Terra Industries Inc. (NYSE: TRA). CF will pay Terra $4.7 billion for the acquisition. According to Broadpoint...