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Is The Standard Pacific-Ryland Merger Worth Buying?
Wednesday, June 17, 2015 - 10:41am | 352In a report published Wednesday, FBR Capital Markets analyst Patrick Kealey, Jr. put a Market Perform rating on both Standard Pacific Corp. (NYSE: SPF) and Ryland Group Inc (NYSE: RYL) after the companies announced a merger of equals. The rating on Standard Pacific was downgraded from Outperform...
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Hanmi Financial Just Added To FBR's 'Top Picks List': Here's Why
Wednesday, June 17, 2015 - 9:44am | 243In a report published Wednesday, FBR Capital Markets analyst Scott Valentin maintained an Outperform rating on Hanmi Financial Corp (NASDAQ: HAFC), with a price target of $29, while adding the stock to the Top Picks List, in view of the company's improving profitability and attractive valuation....
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FBR: Adobe Quarter 'Solid,' Company Still 'On Track'
Wednesday, June 17, 2015 - 8:45am | 212In a report published Wednesday, FBR Capital Markets analyst Samad Samana maintained a Market Perform rating on Adobe Systems Incorporated (NASDAQ: ADBE), with a price target of $82, after the company reported solid F2Q results. Adobe reported its quarterly revenue at $1.162 billion, marginally...
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FBR Says 'Moving To The Sidelines On EMC,' Downgrades
Monday, June 15, 2015 - 8:56am | 249In a report published Monday, FBR Capital Markets analyst Daniel H Ives downgraded the rating on EMC Corporation (NYSE: EMC) from Outperform to Market Perform, while reducing the price target from $31 to $28, citing the company's weakening fundamentals. EMC develops, delivers, and supports...
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FBR Still Long Web.com After Meeting With Management
Monday, June 8, 2015 - 10:41am | 273In a report published Monday, FBR Capital Markets analyst Samad Samana maintained an Outperform rating on Web.com Group Inc (NASDAQ: WWWW), with a price target of $25. Meetings with Web.com's CEO David Brown and CFO Kevin Carney revealed that the company's execution has improved and its DIWM...
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FBR Analysts Met With New York Times Management; Here's What Happened
Monday, June 8, 2015 - 10:31am | 369In a report published Monday, FBR Capital Markets analyst William Bird maintained a Market Perform rating on New York Times Co (NYSE: NYT) and a price target of $13.50, following a meeting with the management. Analyst William Bird said that the meeting did not reveal anything "thesis-...
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6 Analysts Commenting On FireEye After Meeting With Management
Thursday, June 4, 2015 - 1:05pm | 857FireEye Inc (NASDAQ: FEYE) held an Analyst Day presentation on Wednesday. Here are what six of Wall Street's top analysts are saying. Morgan Stanley: Still In The Early Days Melissa Gorham commented in a note that FireEye's Analyst Day presentation highlighted the company's...
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FBR Downgrades Xilinx, Altera In Massive M&A Note
Thursday, June 4, 2015 - 12:14pm | 559In a report published Thursday, FBR Capital Markets analyst Christopher Rolland said that if consolidation in the Semiconductor industry continues at the pace observed so far this year, 32 percent of all US publically traded companies would be acquired in 2015! "While this run-rate is...
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FBR Capital: 'Passing SAP In Service Cloud Shows That Salesforce Can Compete With The Biggest Software Companies'
Thursday, May 21, 2015 - 3:14pm | 310Shares of salesforce.com, inc. (NYSE: CRM) opened strong on Thursday, up by over 5 percent, following better than expected first quarter numbers posted by the company after the closing bell on Wednesday. Samad Samana, vice president at FBR Capital Markets, was on CNBC recently to weigh in on...
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FBR: Burlington Pullback Creates 'Interesting Opportunity'
Thursday, May 21, 2015 - 9:45am | 302In a report published Thursday, analysts at FBR Capital Markets initiated coverage of Burlington Stores Inc (NYSE: BURL) with an Outperform rating and a price target of $65. Burlington's share price has more than doubled since the company went public in October 2013 but retreated in recent times...
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FBR: Five Below 'Great Company But Fully Valued Stock'
Thursday, May 21, 2015 - 9:39am | 219In a report published Thursday, analysts at FBR Capital Markets initiated coverage of Five Below Inc (NASDAQ: FIVE) with a Market Perform rating and a price target of $36. Five Below's growth prospects are driven by its increasing store base and positive comps driving above-average revenue growth...
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FBR Capital Markets Analyst: 'In The Next Two Years, Tim Cook Could Become Fluent In Mandarin'
Tuesday, May 19, 2015 - 12:07pm | 380The spectacular quarterly results Apple Inc. (NASDAQ: AAPL) announced recently was led to a large degree by the outstanding growth the company witnessed in iPhone sales in China. Daniel Ives, FBR Capital Markets, was on CNBC Monday to discuss why Apple will continue to grow and have tremendous...
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Apple's Car Could Be At Least 10 Years Away
Monday, May 18, 2015 - 2:36pm | 568All signs indicate that Apple Inc. (NASDAQ: AAPL) is at least experimenting with the idea of building its own car-related technology, if not actual automobiles. In a lawsuit filed earlier this year, A123 Systems accused Apple of poaching employees to develop a large-scale battery division. More...
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Apple Acquired Coherent Navigation To 'Own' The Consumer Wallet
Monday, May 18, 2015 - 2:30pm | 717Apple Inc. (NASDAQ: AAPL) picked up another little-known startup over the weekend. The company confirmed that it acquired Coherent Navigation, a GPS startup that developed commercial navigation services for a number of big-name partners. According to The New York Times, Boeing Co (NYSE: BA) was...
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FBR Capital Markets Senior Analyst: 'Netflix's Business Is On Fire Right Now'
Friday, May 15, 2015 - 3:47pm | 332It was reported on Friday that streaming giant Netflix, Inc. (NASDAQ: NFLX) is in talks with a Chinese media company backed by Alibaba Group Holding Ltd (NYSE: BABA) founder, Jack Ma, to start providing its services in the country. Barton Crockett, FBR Capital Markets senior analyst, was on...