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Intel Analysts See Higher Demand For Business-Grade PCs
Friday, June 13, 2014 - 4:05pm | 219Intel (NASDAQ: INTC) shares bounced 6.7 percent Friday following the company's boost to its outlook. Short-term results will benefit from higher-than-expected demand for chips used by business-grade personal computers, the company said, adding it now expects "some revenue growth"...
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Topeka Capital Comments On Twitter, Says 'Ad Checks Coming Back Positive'
Wednesday, June 4, 2014 - 4:09pm | 190Topeka Capital commented on Twitter (NYSE: TWTR) Wednesday, highlighting the potential in ad revenue growth for the social media site. The firm said, "From our checks we understand that while Twitter's ad products are newer, there is a lot of excitement from advertisers about Twitter...
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UPDATE: Topeka Capital Initiates Coverage On Coach
Tuesday, May 20, 2014 - 9:42am | 82In a report issued Tuesday,Topeka initiated coverage on Coach (NYSE: COH) with a Hold rating and a target price of $46. While there is a positive outlook for the future, Dorothy S. Lakner of Topeka sees that with estimated earnings for FY2015 being lower than the expected earnings for FY2014,...
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UPDATE: Topeka Capital Initiates Coverage On Michael Kors
Tuesday, May 20, 2014 - 8:57am | 95In a report issued Tuesday, Topeka initiated coverage on Michael Kors(NYSE: KORS) with a rating of Buy and a target price of $117. Analyst Dorothy S. Lakner of Topeka sees the prospect for 20-25 percent sales and earnings growth over the next few years. Lakner also sees that Michael Kors is...
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UPDATE: Topeka Capital Initiates Coverage On Netflix Citing International Growth
Tuesday, May 20, 2014 - 8:29am | 117In a report issued Tuesday, Topeka Capital initiated coverage on Netflix (NASDAQ: NFLX) with a rating of Buy and a target price of $421. Topeka analyst David W. Miller sees that "international growth the special sauce" and that paired with a disciplined financial management team will lead to...
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FireEye Recovering Recent Losses After Topeka Upgrade
Wednesday, April 9, 2014 - 10:34am | 94On Wednesday, Topeka Capital upgraded shares of FireEye (NASDAQ: FEYE) from Hold to Buy and maintained the $70 price target. Analyst Frederick Ziegel believes profitability is “still a few years away” for the company. Investors will return to high-growth names, “particularly in markets as top-of-...
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ChannelAdvisor Reports Amazon and eBay Same-Store Sales; Analysts Weigh In
Tuesday, April 8, 2014 - 3:33pm | 229On Tuesday, ChannelAdvisor reported March same-store sales growth for Amazon (NASDAQ: AMZN) and eBay (NASDAQ: EBAY) at 26.2 percent and 17.8 percent, respectively. In addition to this, the ChannelAdvisor report noted that eBay's auctions were down 10 percent year-over-year while fixed-price sales...
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Topeka Capital Says Twitter's Near-Term Concerns Provide Buying Opportunity
Tuesday, March 25, 2014 - 11:20am | 112Shares of Twitter (NYSE: TWTR) have moved 1.5 percent higher to $49.50 in Tuesday's trading after Topeka Capital analyst Victor Anthony voiced some near-term concerns for the company In the note, Anthony voices concerns for Twitter's active user growth for the “next several quarters as company...
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Yahoo CEO To COO: You're Fired
Thursday, January 16, 2014 - 1:57pm | 402Marissa Mayer, Chief Executive Officer at Yahoo! (NASDAQ: YHOO) fired the company's second-in-command and Chief Operating Officer, Henrique de Castro. De Castro was Mayer's first major hire when she joined the company, tempting him with a four year, $62 million salary to join her in an exodus from...
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Facebook to Face Disgruntled Investors at its First Ever Shareholder Meeting (FB)
Tuesday, June 11, 2013 - 7:35am | 560Facebook (NASDAQ: FB) was the beneficiary of really good timing on Monday ahead of it’s first-ever shareholder meeting on Tuesday. On Monday, rumors circulated that Facebook would be added to the S&P 500 sooner rather than later. Paul Larson, chief equities strategist at Morningstar, said...
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Analyst: Apple to Release $250, Contract-Free iPhone
Monday, February 11, 2013 - 1:52pm | 612Is Apple (NASDAQ: AAPL) building a cheaper iPhone? Consumers will be the last to know, as company policy is to avoid commenting on virtually every rumor that circulates the Web. Topeka Capital analyst Brian White thinks he already knows the answer. In a research note obtained by AppleInsider,...