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Topeka Upgrades Curtiss-Wright
Monday, November 3, 2014 - 4:13pm | 166Topeka upgraded Curtiss-Wright Corp. (NYSE: CW) from Hold to Buy Monday and raised its price target from $72 to $80. The analyst note was issued as “the Company reclassified several non-core businesses as assets held for sale along with its recent earnings release.” The firm noted...
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Analysts Unload Purple Prose On Alibaba
Wednesday, October 29, 2014 - 2:45pm | 211Alibaba Group Holding Ltd's (NYSE: BABA) underwriters rushed to write reports of praise on the stock Wednesday after a 40-day "quiet period" expired. "A virtual-economy titan," said Morgan Stanley's Angela Moh. "They're surfing the Internet wave,"...
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Amazon Analyst Roundup Following Q3 Earnings
Saturday, October 25, 2014 - 11:05am | 247On October 23, Amazon.com, Inc. (NASDAQ: AMZN) announced third quarter 2014 financial results. Amazon reported EPS of $(0.95) per share missing estimates by $0.22 per share or 30 percent. Revenue also missed Street estimates by $260 million, coming in at $20.58 billion. Following the results,...
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Symantec Analyst Roundup Following Company's Decision To Split
Wednesday, October 15, 2014 - 11:23am | 106Last Friday, Topeka Research, MKM Partners and Morgan Stanley issued fresh research notes on Symantec Corporation (NASDAQ: SYMC) highlighting the trending theme of divesting the profitable business from the slower growing business. Analysts feel the company's decision to separate into two...
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Analysts: Freestanding PayPal To Face Ferocious Competition
Wednesday, October 1, 2014 - 9:20am | 295PayPal's pending spin-off as a stand-alone company will leave it faced with an increasingly competitive landscape for online payment services, according to an analyst who maintained a Hold rating Tuesday on parent company eBay Inc (NASDAQ: EBAY). Amazon.com, Inc.'s (NASDAQ: AMZN) recent launch into...
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Lululemon Athletica inc. Could Beat Q2 Views; Outlook Cloudy
Wednesday, September 10, 2014 - 2:35pm | 362Lululemon Athletica inc. (NASDAQ: LULU) shares have seen some recovery in recent weeks, but whether fiscal second-quarter results will show a positive inflection is unclear. Stiff competition, heavy investments and weak sales suggest not to Deutsche Bank's David Weiner, who reiterated a...
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Topeka: eBay Inc's PayPal Is At Risk From Apple Inc. iPhone Payment System
Tuesday, September 9, 2014 - 10:57am | 249eBay Inc's (NASDAQ: EBAY) dominance of online payments faces a major threat starting with the launch of iPhone 6, an analyst said Tuesday. Topeka's Victor Anthony said PayPal's heyday as the big guy on the payments block could be nearing its end with Apple Inc.'s (NASDAQ: AAPL)...
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Aeropostale's Rough Friday: 'Brand Relevancy' At Stake
Friday, August 22, 2014 - 4:40pm | 223Aeropostale (NYSE: ARO) had a rough day Friday with shares tumbling more than 10 percent on disappointing outlook for the second half. Shares of the troubled teen apparel retailer are down more than 60 percent year to date and Topeka's Dorothy S. Lakner noted it's too soon after the...
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Zumiez July Sales Analyst Roundup
Thursday, August 7, 2014 - 3:54pm | 259Zumiez (NASDAQ: ZUMZ) on Wednesday released its sales results for the four-week period ended August 2. A number of analysts have issued reports describing how the data has affected their outlook for the stock. For the period, Zumiez posted an 11.9 percent increase in total net sales bringing...
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Audience Down 15% On Lower Chip Demand From Samsung
Friday, August 1, 2014 - 4:22pm | 289Audience (NASDAQ: ADNC) fell more than 15 percent on a weak outlook for the second half of 2014. The company provides audio processors for smartphones and Samsung represented 72 percent of its recent second-quarter sales. But Samsung recently forecast substantially lower-than-expected demand...
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Topeka Responds To Shutterfly Buyout Rumor
Thursday, July 3, 2014 - 8:44am | 191Shutterfly (NASDAQ: SFLY) shares shot up nearly 15 percent Wednesday after Bloomberg reported that the company hired Qatalyst Partners to help explore sales. Topeka Capital analyst Victor Anthony weighed in on the possibility of a sale, “We have stated in past notes that SFLY is an...
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Coach Hits Year-Low; Analysts Skeptical Of Restructuring Plan
Friday, June 20, 2014 - 12:07pm | 383Coach's (NYSE: COH) plan to shut 20 percent of its stores and upgrade the rest received uniformly dour reviews on Wall Street, as shares hit a low for the year on Friday. Coach on Thursday unveiled related restructuring charges of up to $300 million and said same-store sales were likely to...
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Analysts Weigh In On Gap's Q1 2014 Earnings
Friday, May 23, 2014 - 12:01pm | 232Following the release of its first quarter 2014 earnings on Thursday, analysts began to give their opinion on Gap (NYSE: GPS). Shares of Gap began Friday's session with a few sharp moves before stabilizing just under the open. CEO Glenn Murphy commented, "After a disappointing start, I'm...
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Analysts Weigh In On Tivo's Earnings Report
Friday, May 23, 2014 - 11:57am | 372TiVo (NASDAQ: TIVO) shares were up almost five percent after the company released the results of its first quarter after the close Thursday. EPS beat analyst estimates by one cent at $0.07 and is significantly higher than a $0.09 loss for the same quarter last year. Revenue for the quarter was...
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Diamonds Are An Investor's Best Friend: Analysts Comment on Tiffany's Dazzling Quarter
Thursday, May 22, 2014 - 4:30pm | 440Analysts are eager to comment on Tiffany & Co. (NYSE: TIF) following the company's report of a strong first quarter, raised guidance and shares hitting a new 52-week high. Summary of Q1 Results The company saw quarterly earnings of $126 million ($0.97 per share), versus profit of $84 million...