Siin ka graafik Risto postituses toodud info illustreerimiseks
Nomura analüütik Richard Koo on USA majanduse suhtes üsna skeptiline ja usub, et paranenud makronäitajad on ainult ajutine nähtus ning halvenevad niipea, kui pent-up demand ehk kriisijärgne ajutiselt kasvanud nõudlus lõpeb.
One view is that the recent strong economic data are a temporary phenomenon and, as argued in my last report, are attributable to pent-up demand. I think this is true to a certain extent in the case of automobile sales, for instance.
Business Insider
One view is that the recent strong economic data are a temporary phenomenon and, as argued in my last report, are attributable to pent-up demand. I think this is true to a certain extent in the case of automobile sales, for instance.
Business Insider
ADP üsna ootustesse
February ADP Employment Change 216K vs 218K Briefing.com consensus
February ADP Employment Change 216K vs 218K Briefing.com consensus
Credit Suisse tõstab täna Lululemon Athletica (LULU) reitingu Hoia pealt Osta peale ja hinnasihi $ 58 pealt $ 78 peale.
Following a recent survey of product assortments across markets and online, as well as an analysis of store maturity curves, we are increasingly confident in lululemon’s ability to sustain double-digit comps, achieve a 30%-plus OM, and drive earnings power north of $5.00. As a result, we are raising our estimates, our target price from $58 to $78, and our rating from Neutral to Outperform.
Canada and U.S. eCommerce Assortment Comparison Highlights High Levels Of Full Priced Selling Even In Mature Markets. A comparison of pricing and discounting for all SKUs available in Canada’s online site suggests that lululemon is able to maintain extraordinarily high levels of full priced selling (90%-plus) even in mature markets with broader assortments. As a result, we now see opportunity for gross margin to remain in the 55-
60% range, driving the business to 30%-plus OM over time.
Case Studies Highlight Core Market Strength, “Secondary” Market Opportunity. Analysis of assortments across three markets (New York, Pittsburgh, Toronto) highlights: 1) continued stock-out issues in mature markets; 2) full priced selling across the chain even with increasing breadth of assortments; and 3) the magnitude of the “catch-up” opportunity in secondary markets as brand awareness ramps
Analüütikud on LULU müügiprognooside osas üsna optimistlikud, kuna LULU on näidanud võrreldes teiste jaemüüjatega erakordset võimet müüa oma kaupu ilma oluliste allahindlusteta ehk täishinnaga ja seetõttu on ettevõtte tõenäoliselt võimeline hoidma ka kõrgeid marginaale (55-60% juures).
Sellest tulenevalt on analüütikud veendunud, et LULU kasvuväljavaated on head, vaatamata tihenevale konkurentsile ning koos firma kaubamärgi tuntuse kasvuga on firmal märkimisväärsed võimalused ka väljaspool koduturgu.
LULU kaupleb juba hetkel üsnagi kõrgetel kordajatel, aga samas vaadates aktsia liikumist ei näi investorite ootused firma edu osas kahanevat. Sama võib öelda ka analüütikute kohta. Üldiselt on LULU hea liikuja ja koos 15% lühikeseksmüüjate osakaaluga aktsias võib LULU vaatamata oma kallile valuatsioonile ülespoole turnimist jätkata, aga kuna ootused on kõrged, siis antud aktsiahind enam väga palju eksimisruumi ei luba.
Eelturul kaupleb LULU $ 68,00 juures, 2,95 % plusspoolel
Following a recent survey of product assortments across markets and online, as well as an analysis of store maturity curves, we are increasingly confident in lululemon’s ability to sustain double-digit comps, achieve a 30%-plus OM, and drive earnings power north of $5.00. As a result, we are raising our estimates, our target price from $58 to $78, and our rating from Neutral to Outperform.
Canada and U.S. eCommerce Assortment Comparison Highlights High Levels Of Full Priced Selling Even In Mature Markets. A comparison of pricing and discounting for all SKUs available in Canada’s online site suggests that lululemon is able to maintain extraordinarily high levels of full priced selling (90%-plus) even in mature markets with broader assortments. As a result, we now see opportunity for gross margin to remain in the 55-
60% range, driving the business to 30%-plus OM over time.
Case Studies Highlight Core Market Strength, “Secondary” Market Opportunity. Analysis of assortments across three markets (New York, Pittsburgh, Toronto) highlights: 1) continued stock-out issues in mature markets; 2) full priced selling across the chain even with increasing breadth of assortments; and 3) the magnitude of the “catch-up” opportunity in secondary markets as brand awareness ramps
Analüütikud on LULU müügiprognooside osas üsna optimistlikud, kuna LULU on näidanud võrreldes teiste jaemüüjatega erakordset võimet müüa oma kaupu ilma oluliste allahindlusteta ehk täishinnaga ja seetõttu on ettevõtte tõenäoliselt võimeline hoidma ka kõrgeid marginaale (55-60% juures).
Sellest tulenevalt on analüütikud veendunud, et LULU kasvuväljavaated on head, vaatamata tihenevale konkurentsile ning koos firma kaubamärgi tuntuse kasvuga on firmal märkimisväärsed võimalused ka väljaspool koduturgu.
LULU kaupleb juba hetkel üsnagi kõrgetel kordajatel, aga samas vaadates aktsia liikumist ei näi investorite ootused firma edu osas kahanevat. Sama võib öelda ka analüütikute kohta. Üldiselt on LULU hea liikuja ja koos 15% lühikeseksmüüjate osakaaluga aktsias võib LULU vaatamata oma kallile valuatsioonile ülespoole turnimist jätkata, aga kuna ootused on kõrged, siis antud aktsiahind enam väga palju eksimisruumi ei luba.
Eelturul kaupleb LULU $ 68,00 juures, 2,95 % plusspoolel
Gapping up:
In reaction to strong earnings/guidance: AMTG +7.5%, (also declares $0.75/share quarterly dividend, prior $0.30/share), CIEN +6.8%, CTIC +5.6%, MBLX +3.5% (also Metabolix also agreed with Archer Daniel Midland Company on the terms of the wind down of the Telles joint venture effective March 6), MAKO +3.1%, CY +1.6%, HON +0.6%.
M&A news: TRCR (halted, Transcend Services to be acquired by NUAN for $29.50/share).
Select financial related names showing strength: IRE +3.5%, UBS +2.6%, DB +2%, BCS +1.9%, RY +1.6%, BAC +1.6%, CS +1.4%, IBN +1.3%, C +0.9%, HBC +0.8%.
Select metals/mining stocks trading higher: RIO +1.6%, BBL +1.6%, AUY +1.3%, MT +1.2%, BHP +1%, GOLD +0.6%, SLV +0.3%, GLD +0.3%, GDX +0.3%.
A few coal related names are trading higher on light volume: PCX +4.9%, JRCC +4.1%, ANR +1.6%, ACI +1.1%.
Other news: DSCO +30.1% (confirms FDA approval of SURFAXIN (lucinactant) for prevention of Respiratory Distress Syndrome), SLTM +5.8% (provides update on Liposonix launch; majority of the company's ~ 20 key opinion leaders who received Liposonix systems have successfully evaluated and purchased the product), NFLX +4.1% (Netflix in partnership talks with cable companies, according to reports), INVN +2.3% (early strength being attributed to pricing of offering), CTAS +1.2% (positive mention on MadMoney), PCLN +0.8% (announces proposed $875 million private offering of convertible senior notes and authorization to repurchase shares of common stock).
Analyst comments: LULU +2.2% (upgraded to Outperform from Neutral at Credit Suisse).
In reaction to strong earnings/guidance: AMTG +7.5%, (also declares $0.75/share quarterly dividend, prior $0.30/share), CIEN +6.8%, CTIC +5.6%, MBLX +3.5% (also Metabolix also agreed with Archer Daniel Midland Company on the terms of the wind down of the Telles joint venture effective March 6), MAKO +3.1%, CY +1.6%, HON +0.6%.
M&A news: TRCR (halted, Transcend Services to be acquired by NUAN for $29.50/share).
Select financial related names showing strength: IRE +3.5%, UBS +2.6%, DB +2%, BCS +1.9%, RY +1.6%, BAC +1.6%, CS +1.4%, IBN +1.3%, C +0.9%, HBC +0.8%.
Select metals/mining stocks trading higher: RIO +1.6%, BBL +1.6%, AUY +1.3%, MT +1.2%, BHP +1%, GOLD +0.6%, SLV +0.3%, GLD +0.3%, GDX +0.3%.
A few coal related names are trading higher on light volume: PCX +4.9%, JRCC +4.1%, ANR +1.6%, ACI +1.1%.
Other news: DSCO +30.1% (confirms FDA approval of SURFAXIN (lucinactant) for prevention of Respiratory Distress Syndrome), SLTM +5.8% (provides update on Liposonix launch; majority of the company's ~ 20 key opinion leaders who received Liposonix systems have successfully evaluated and purchased the product), NFLX +4.1% (Netflix in partnership talks with cable companies, according to reports), INVN +2.3% (early strength being attributed to pricing of offering), CTAS +1.2% (positive mention on MadMoney), PCLN +0.8% (announces proposed $875 million private offering of convertible senior notes and authorization to repurchase shares of common stock).
Analyst comments: LULU +2.2% (upgraded to Outperform from Neutral at Credit Suisse).
Gapping down:
In reaction to disappointing earnings/guidance: P -21.5% (also announces February 2012 metrics: share of total U.S. radio listening for Pandora up 2.9% yoy, downgraded to Market Perform from Outperform at Raymond James), MFB -12% (ticking lower), CSIQ -10.7%, PLCE -4.6% (light volume), BWS -3.6% (light volume), AVAV -1.8% (also downgraded to Hold from Buy at EarlyBirdCapital).
Other news: AYR -4.7% (announces secondary offering of 5 mln common shares), ASTX -3.8% (partner Eisai receives Complete Response Letter for Dacogen for injection sNDA in Acute Myeloid Leukemia), UAN -2.6% (files for $250 mln common unit offering by Selling Unitholders), EPD -0.5% (files to sell $1 mln in common units for limited partner interests).
Analyst comments: VRML -8.7% (downgraded to Sell from Neutral at Ladenburg Thalmann), KFT -0.4% (downgraded to Hold from Buy at Jefferies).
In reaction to disappointing earnings/guidance: P -21.5% (also announces February 2012 metrics: share of total U.S. radio listening for Pandora up 2.9% yoy, downgraded to Market Perform from Outperform at Raymond James), MFB -12% (ticking lower), CSIQ -10.7%, PLCE -4.6% (light volume), BWS -3.6% (light volume), AVAV -1.8% (also downgraded to Hold from Buy at EarlyBirdCapital).
Other news: AYR -4.7% (announces secondary offering of 5 mln common shares), ASTX -3.8% (partner Eisai receives Complete Response Letter for Dacogen for injection sNDA in Acute Myeloid Leukemia), UAN -2.6% (files for $250 mln common unit offering by Selling Unitholders), EPD -0.5% (files to sell $1 mln in common units for limited partner interests).
Analyst comments: VRML -8.7% (downgraded to Sell from Neutral at Ladenburg Thalmann), KFT -0.4% (downgraded to Hold from Buy at Jefferies).
Õelad foorumlased, minge eestist ära.
minge Eesti elust.
minge Eesti elust.
Cabot Oil & Gas trades to HoD; Hearing move attributed to RDS.A takeover chatter
Molycorp: Spiking as chatter that Blackstone (BX) is interested in making an investment in the co making the rounds
ScalpTrader: Note that the last deal MCP did was massively dilutive and widely panned, so even if Blackstone were to take a stake, would imagine the terms would be very unfavorable to MCP based on their last deal. MCP doesn't need the money though, so not likely to happen.
Stock is beaten down, so don't love a Short here. But if runs to $25.50 on this rumor, would consider scalping it Short.
Stock is beaten down, so don't love a Short here. But if runs to $25.50 on this rumor, would consider scalping it Short.
Kreeka võlakirjade vahetuse osalusmäär on tõusnud 58% peale.
Dollar Thrifty: Hearing spike attributed to renewed HTZ for DTG chatter; thinsk HTZ could make another run
LULU-l täna eelturu tasemetest kõrgemale kauplemiseks jõudu ei jätkunud. Aktsia avanes $ 68,40 pealt ning vajus peale avanemist alla $ 68 taseme tagasi. Aktsia on ka sinna vahemikku liikuma jäänud täna ja hetkel kaupleb $ 67,80 juures, 2,6% plusspoolel.
Kreeka PSI tabel zerohedge-st:
http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2012/02/20120224_PSI_1.png
http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2012/02/20120224_PSI_1.png
DIRECTV confirms that customers can now create Pandora (P) stations with DTV's New 1080p HD Guide
Apple is scheduled to host an event at 1 PM ET today in which it is expected to unveil the latest generation iPad. The device, which many suspect will be called the iPad HD, is rumored to launch next week on March 16. Below we wanted to highlight a few features of what is expected from today's event.
•iOS Adoption highlights -- AAPL has a history of beginning its events by highlighting company milestones. Earlier this week, AAPL announced that it surpassed the 25 bln app download milestone. Given that this event is focused on the iPad, expect these metrics to focus on iOS and, more specifically, adoption of the iPad.
•HD display -- Perhaps the biggest upgrade expected in the new iPad is its high definition retina display. Many speculate that the screen resolution will double from that of the iPad 2. There should be no surprises here because the invite to today's event actually shows a cropped picture of a higher resolution iPad screen.
•4G -- The new iPad is expected to come equipped with LTE functionality. This would mark AAPL's first jump into the 4G foray. AAPL has been waiting for a more reliable 4G network before it adopted the next gen network. It also would be a precursor to eventually a 4G iPhone.
•Faster chip -- Apple's will almost certainly equip its new iPad with a faster processor. It has a history of upgrading the processor in every iOS device iteration. The only question is if AAPL will used a quad core chip, which seems more than likely. The A6 would be the logical progression of the company's next iOS chip series.
•Siri -- The new iPad may include the Siri voice command app, which already debuted last fall in the iPhone 4S launch.
•Form factor -- Before his death, Steve Jobs was adamant that the 9.7 inch screen was the ideal size for a tablet computer. Indications from iPad suppliers suggest no deviation from that size. This likely won't stop rumors of an iPad mini. Similarly, it seems like leading up to every iPhone launch, we hear speculation of a smaller iPhone nano, which never comes to fruition.
•Smart Cover update -- The company is reportedly designing a new smart cover to protect the backside of the iPad as well as the front glass. So, there might be a little change in the width (to sell new smart covers of course).
•Camera addition -- To comply with Facetime, AAPL's Sykpe like video chat service, the iPad will likely include a front-facing camera. They'll probably take the time to upgrade the MP resolution while there at it.
•Apple TV update -- There's speculation that the company will use this event to also refresh its Apple TV line. This, however, is still only expected to be a set top box, not the much anticipated Apple TV set. The Apple TV hasn't been a great seller for the company, so there probably won't be a large focus here.
•One more thing -- There's been a last minute rumor to surface suggesting the new iPad will employ emerging tactile touchscreen technology. In other words, the touchpad will alter the feel of the screen in accordance with images displayed.
•iOS Adoption highlights -- AAPL has a history of beginning its events by highlighting company milestones. Earlier this week, AAPL announced that it surpassed the 25 bln app download milestone. Given that this event is focused on the iPad, expect these metrics to focus on iOS and, more specifically, adoption of the iPad.
•HD display -- Perhaps the biggest upgrade expected in the new iPad is its high definition retina display. Many speculate that the screen resolution will double from that of the iPad 2. There should be no surprises here because the invite to today's event actually shows a cropped picture of a higher resolution iPad screen.
•4G -- The new iPad is expected to come equipped with LTE functionality. This would mark AAPL's first jump into the 4G foray. AAPL has been waiting for a more reliable 4G network before it adopted the next gen network. It also would be a precursor to eventually a 4G iPhone.
•Faster chip -- Apple's will almost certainly equip its new iPad with a faster processor. It has a history of upgrading the processor in every iOS device iteration. The only question is if AAPL will used a quad core chip, which seems more than likely. The A6 would be the logical progression of the company's next iOS chip series.
•Siri -- The new iPad may include the Siri voice command app, which already debuted last fall in the iPhone 4S launch.
•Form factor -- Before his death, Steve Jobs was adamant that the 9.7 inch screen was the ideal size for a tablet computer. Indications from iPad suppliers suggest no deviation from that size. This likely won't stop rumors of an iPad mini. Similarly, it seems like leading up to every iPhone launch, we hear speculation of a smaller iPhone nano, which never comes to fruition.
•Smart Cover update -- The company is reportedly designing a new smart cover to protect the backside of the iPad as well as the front glass. So, there might be a little change in the width (to sell new smart covers of course).
•Camera addition -- To comply with Facetime, AAPL's Sykpe like video chat service, the iPad will likely include a front-facing camera. They'll probably take the time to upgrade the MP resolution while there at it.
•Apple TV update -- There's speculation that the company will use this event to also refresh its Apple TV line. This, however, is still only expected to be a set top box, not the much anticipated Apple TV set. The Apple TV hasn't been a great seller for the company, so there probably won't be a large focus here.
•One more thing -- There's been a last minute rumor to surface suggesting the new iPad will employ emerging tactile touchscreen technology. In other words, the touchpad will alter the feel of the screen in accordance with images displayed.
Kuna PSI sündmused arenevad kiiresti ning hommikune uudis on õhtuks aegunud, sisaldab see siiski infoväärtust. See, et osalus on praeguseks 58%, on tegelikult positiivne märk.
Wednesday, March 7, 2012 - 09:36
According to reliable information Capital.gr yesterday's figures suggest participation in PSI optimistic assessment may already have gathered together the 1/3 about the necessary bond to proceed. The optimism stems from the fact that the overwhelming turnout was not expected to be declared before tomorrow because the majority of stakeholders will decide today (with GB and GA) for his attitude. Strain of IIF which it contacted the Capital.gr expressed the view that after yesterday emerging faster than expected evidence of positive intentions which might lead to a timely completion of the PSI Thursday.
According to the same agent but even if there are problems with the final participation rate, whether that will ensure the minimum percentage of 75% to trigger the clause mandatory participation has provided an "alternative procedure which, although with little delay time will lead to a result ... ".
FSLR Gordon Johnson Axiomist:
http://www.toledoblade.com/Energy/2012/03/07/Cuts-called-possible-at-local-First-Solar-plant.html
http://www.toledoblade.com/Energy/2012/03/07/Cuts-called-possible-at-local-First-Solar-plant.html
ScalpTrader: NXPI popping here on chatter that new iPad chip is made by NXPI. I'm told that this is inaccurate, this is Apple's own proprietary chip
Laenuvõtt käis eelmisel kuul USAs arvatust veidi hoogsamalt
Consumer Credit up $17.8 bln vs $12.0 bln Briefing.com consensus; prior revised to $16.3 bln from $19.3 bln
Consumer Credit up $17.8 bln vs $12.0 bln Briefing.com consensus; prior revised to $16.3 bln from $19.3 bln