Tiffany & Co (TIF) reports Q3 (Oct) earnings of $0.21 per share, including gains, may not compare to the Reuters Estimates consensus of $0.16; revenues rose 9.5% year/year to $547.8 mln vs the $543.3 mln consensus. Co issues guidance for FY07, sees EPS of $1.79-1.84 vs. $1.77 consensus; sees FY07 rev growth of 10% to rouhgly $2.63 bln vs. $2.61 bln consensus.
Goldman initiates the Airline Sector with a Neutral, the firm initiates AMR Corp (AMR 31.95), and UAL Corp. (UAUA 40.51) with Buys, the firm initiates Jetblue (JBLU 13.96), Hawaiian Holdings (HA 4.98), Alaska (ALK 40.98), Continental (CAL 41.50), and US Airways (LCC 59.18) with Neutrals.The firm also initiates Southwest (LUV 15.78) with a Sell
JP Morgan downgrades NYSE Group (NYX 101.20) to Neutral from Overweight
UBS downgrades Ann Taylor (ANN 34.13) to Neutral from Buy
22. novembril tuli välja selline uudis:
U.S. mortgage applications fell for the first time in three weeks despite a dip in mortgage rates to their lowest level since January, an industry trade group said Wednesday.
The Mortgage Bankers Association said its seasonally adjusted index of mortgage application activity, which includes both refinancing and purchasing loans, for the week ended Nov. 17 decreased 3.7 percent to 623.6 from the previous week's 647.5.
Täna aga kirjutatakse järgmist:
MBA Mortgage Applications -3.9% for the week ended Nov. 24.
Kuigi erinevate firmade kaudu on kuulda olnud seda juba varem, prognoositakseja 2008. aastal CFC poolt ilusamaid aegu. Kui kuuleme ka edaspidi Mortgage Applications langusest, võivad nii pika aja taha ulatuvad kommentaarid CFC poolt ununema hakata ning antud sektor taaskord peale tõusu löögi alla sattuda.
WSJ kirjutab SBUX probleemidest hiinas. Kindlasti üks põhjus, miks paljud aktsiat omavad on sealne kasvupotentsiaal. Arvan, et äratabtähelepanu eriti peale viimaseid tulemusi, mis andsid taas märku SSS nõrkusest ning tööjõukulude kasvust. Inimesed ei hooli 4-taalasestlattest.
WSJ reports the co aims to one day have thousands of stores here, eventually making China its largest mkt outside the U.S. But Starbucks faces a big obstacle: Most of China's 1.3 bln people don't care for the chain's signature product. Coffee is so unpopular in China's tea-drinking culture that until recently many Starbucks didn't brew regular drip coffee unless a customer ordered it. Now Starbucks is betting a new generation of Chinese with growing spending power and an appetite for high-status brands will flock to its stores. It's trying to draw in Chinese customers with a new type of informal gathering place. Once captive, that's when consumers' coffee education begins. Starbucks has competition from a new generation of Chinese teahouses -- some of which offer both traditional beverages and a social, laid-back coffeehouse culture. China's tightly regulated business environment also throws up hurdles. Financial rules prevent the chain from offering a Starbucks payment card. The country's fragmented govt and currency-conversion limits make banking generally difficult.
Suntrust notes that specialty consumer electronic stocks have been volatile of late and will likely continue to be so in the near term. While they believe price declines prior to Thanksgiving may have been modestly faster than expected, they seem to have moderated, with prices in some panel sizes even increasing modestly. The firm would use weakness to add to long-term positions in Circuit City (CC 24.04), but would consider Best Buy (BBY 52.03) as well
