Briefing.com tehnilise pildi ülevaade. Eilne langus oli ilmselt paljudele üllatuseks.
Eilse hoiatuse peale kaupleb eelturul MFLX üle 7% madalamal. Motorola weakness ei ole ilmselt eriti suur üllatus. Kuigi chart näeb "katkine" välja, usun, et juba suur negatiivsus võib pakkuda ostjatele võimaluse.
Thomas Weisel confirmed that Apple will begin ramping production of LED notebooks in 2Q with modest volumes. They say Other top-tier vendors, like Dell and HP, are set to begin ramping initial production in 2H07. While volumes are likely to remain relatively small in 2007, firm thinks greater penetration should bode well for LED suppliers like Supertex (SUPX 33.31), Cree (CREE 16.56) and Nichia...
IBD kirjutab, et MOT, INTC promovad oma toodete puhsimiseks WiMax tehnoloogiat. Sektori väiksemad esindajad Alvarion (ALVR), Airspan Networks (AIRN). IBD reports while telecom carriers put finishing touches on third-generation cellular networks, Motorola, Intel (INTC), Clearwire (CLWR) and others are promoting an alternative wireless system that uses the WiMax technology. But WiMax backers are eyeing a bigger bounty, hoping to work with the big wireless carriers by getting them to use WiMax in addition to 3G. The pitch is that adding WiMax would let the carriers offer bells and whistles for mobile phones, such as video messaging. Motorola seeks WiMax adoption in order to boost sales of its telecom network gear. In the 3G gear mkt, it's fallen behind LM Ericsson (ERIC) and is about even with Alcatel-Lucent (ALU) and Nokia (NOK), according to Prudential Equity Group. Also, Motorola is developing WiMax-enabled cell phones, so adopting WiMax would boost those sales. Motorola says it's also working on WiMax projects with carriers in Japan, Malaysia, Pakistan and the Netherlands.
BofA resumes CVS/Caremark (CVS 33.95) with a Buy and sets a $45 tgt, as they believe CVS should see outsized benefits from the growth of the prescription drug market and expansion of drug coverage with its enhanced services and lower prices
CIBC initiates Cardinal Health (CAH 72.57) with a Sector Outperformer and sets a $86 tgt, as the sale of its PTS unit by June's end should generate $3.1 bln (net of tax), which they expect Cardinal to use to fund some type of accelerated share repurchase program.
Pali Research upgrades Warner Music Group (WMG 15.90) to Neutral from Sell, based on valuation. Misasi on Pali Research? Ei ole kunagi kuulnud ja ilmselt see call ka mingit erilist huvi ei tekita, kuid viimasel ajal on aktsiat agressiivsemalt shorditud.
CIBC continues to be bullish on the commerical aerospace upcycle given strong global demand, reasonable valuations and visibility through 2010. This report focuses on the health of the current backlogs at both Boeing and Airbus as well as the order demand still percolating in the system. Firm says production forecasts are virtually 100% full at both OEMs through 2009, which suggests upward pressure to boost production rates will continue. They hope OEMs will exercise restraint in production rates to lengthen, though firm isn't convinced that BA and Airbus see eye-to-eye. Firm reiterates their Overweight stance on Aerospace and Defense, seeing solid demand coupled with reasonable expectations. They also anticipate solid order demand through the Paris Air Show in June.
Jefferies believes several M&A announcements and speculations of pending Internet deals in the last week reflect the good health of the Internet segment and bode well for valuations for Internet assets. They like RATE on the recent pullback and believe that investors' concerns regarding its exposure to the subprime debacle are overblown.
Prudential believes WOLF is relatively inexpensive as they remain comfortable with our estimates and management guidance. As private equity interest remains high in the lodging/leisure space, the firm continues to view WOLF as a potential takeout candidate.