Gabelli & Company

A report from Gabelli & Company reiterates its Hold rating on Fresh Market Inc. (NASDAQ: TFM). The report states, “The Fresh Market (TFM) reported third quarter 2011 results yesterday morning. TFM is a specialty food retailer with 110 stores mostly in the Southeast (~50% of stores in FL, GA...

A report from Gabelli & Company reiterates its Buy rating on GenCorp Inc. (NYSE: GY). The report states, “Company announced that they entered a settlement agreement with the US Attorney in Sacramento, CA in connection with the subpoena relating to the allowability of certain costs under its...

A report from Gabelli & Company reiterates its Buy rating Cameco Corp. (NYSE: CCJ). The report states, “Cameco Corp., headquartered in Saskatchewan, Canada, is a leading global uranium producer with high-quality, lowcost uranium operations. Cameco is on track to double its uranium production...

Gabelli & Co maintains its Buy rating on Universal Technical Institute, Inc. (NYSE: UTI) and lowers its 2012 target price from $27 to $23 on lower than expected student starts. Gabelli comments, “UTI is adjusting its marketing to obtain higher quality leads. However, fewer inquiries and...

Gabelli & Co reiterates its Buy rating and price target of $62 on Transocean Ltd (NYSE: RIG) and revises EPS estimates on higher share count after new public offering. Gabelli notes the company “Commenced a public offering of 26 million shares with a 4 million share over allotment option at...

Gabelli & Co reiterates its Buy rating on Telephone and Data Systems, Inc. (NYSE: TDS) as the company announces a revised share reclassification plan. Gabelli says, “Under the new proposal, the reclassification ratio is increased to 1.087 shares for holders of common and series A common...

Gabelli & Co maintains its Buy rating on TE Connectivity Ltd (NYSE: TEL) as the company prepares to acquire SAS. Gabelli says the company “ Is paying $2.0 bn (11.5x 2011 EBITDA) to acquire Deutsch Group SAS, 89% held by French Investment Holding Company Wendel (MF-FR). The deal is expected...

Gabelli & Co maintains its Buy rating and 2012 target price of $62 on Southwest Gas Corp (NYSE: SWX) as a pending rate increase may assist earnings growth. Gabelli comments, “We regard SWX as a high-quality and well-managed gas utility with a solid earnings outlook and low risk strategy. We...

Gabelli & Co maintains its Buy rating on Home Depot, Inc. (NYSE: HD) following a meeting with senior company executives that said no housing recovery is expected for 2012. Gabelli says, “Despite the housing weakness, HD expects 2013 margins of 10% vs. 9% currently and ROIC of 15%, driven by...

Gabelli & Co reiterates its Buy rating on Yahoo! Inc. (NASDAQ: YHOO) on speculation of an offer from private equity firm Thomas H. Lee. Gabelli comments, “This follows last week's report that MSFT signed a non-disclosure as well, and it is clear that the strategic options review is...

In a published note, Gabelli & Co reiterates its Buy rating on Universal Technical Institute, Inc. (NYSE: UTI) as the company reports earnings after close today. Gabelli says, “We believe a cost drag could result in EPS below Street expectations. Expect starts to be down ~30% in the quarter...

Gabelli & Co maintains its Buy rating and $66 price target on Transocean LTD (NYSE: RIG) as the company announced a public offering of 26 million shares to help finance its Aker acquisition. Gabelli comments, “Shares indicating down $2.50 after Transocean announced this morning that it has...

In a published report, Gabelli expects United Natural Foods, Inc. (NASDAQ: UNFI) to earn $1.90 per share for FY2012 and $2.15 for FY2013. Gabelli comments, “ We believe business dynamics at UNFI continue to be strong. Hain has been showing strong consumption growth, which should be positive for...

Gabelli & Co maintains its Buy rating on Telephone & Data Systems, Inc. (NYSE: TDS) as the company announced changes to the previously proposed share reclassification. Gabelli says the change failed to garner enough votes. “In its new proposal, TDS would offer holders of the special...

Gabelli & Company has a pro-forma PMV of $97.50 on Liberty Media Corporation (NASDAQ: LCAPA) as the Capital ticker takes over for Starz (NASDAQ: LSTZA). According to Gabelli, “Today is the last day Liberty trackers will be trading. For every share of LSTZA, shareholders will get .88129...