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Unleash The Bulls: Surge In September Hiring Data Jolts Markets Higher
Friday, October 3, 2014 - 4:42pm | 1615U.S. markets rose sharply after the U.S. government reported that 248,000 jobs were created in September, bringing the unemployment rate to 5.9 percent, the lowest it has been since July 2008. In addition to the jobs report, data from the U.S. government showed the trade deficit narrowing in...
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Four Communications Equipment Companies Oppenheimer Likes
Wednesday, August 7, 2013 - 2:17pm | 829Ciena (NASDAQ: CIEN), Cisco Systems (NASDAQ: CSCO), Juniper Networks (NYSE: JNPR) and Qualcomm (NASDAQ: QCOM) were among the communications equipment makers recommended in a recent research report from the Institutional Portfolio analysts at Oppenheimer. The analysts see these companies as poised...
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Earnings Expectations for the Week of April 9 (AA, GOOG, JPM)
Sunday, April 8, 2012 - 11:57am | 898First quarter earnings begin to trickle in as Alcoa kicks off the new earnings season this week. It will be followed in short order by results from Google, JP Morgan, Wells Fargo and others. Investors looking for signs indicating how first-quarter earnings will shake out may be pleased with the...
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Earnings Expectations for the Week of October 10
Sunday, October 9, 2011 - 8:36am | 883The new earnings season gets underway this week when Alcoa (NYSE: AA) posts its third-quarter results on Tuesday. The rest of the week will bring results from Google (NASDAQ: GOOG), JPMorgan Chase (NYSE: JPM), Mattel (NYSE: MAT) and PepsiCo (NYSE: PEP). Analysts anticipate year-over-year earnings...
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Bank of America Merrill Lynch Comments on Adtran
Thursday, July 14, 2011 - 9:19am | 129Bank of America Merrill Lynch has published a research report on Adtran(NASDAQ: ADTN.) The report notes that Adtran's 2Q11 results exceeded estimates. In the report, Bank of America Merrill Lynch commented, "Broadband Access grew 48% QoQ driven by FTTN (Telmex) and robust uptake for the TA5000,...
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Morgan Keegan Comments on ADTRAN's Growth After Q2
Thursday, July 14, 2011 - 8:11am | 133Morgan Keegan has published a report on ADTRAN (NASDAQ: ADTN) reporting on Q2 results. The report maintains the rating on ADTRAN with adjusted estimates on the gross margin downward. Morgan Keegan reported that, "We remain positive on the opportunities from tier 1 customers, government stimulus...
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Jeffries Lowers Price Target on ADTRAN
Thursday, July 14, 2011 - 7:18am | 149Jeffries has published a research report on ADTRAN(NASDAQ: ADTN) with a revised price target of $38.00 for the digital communications company. Q2 expectations were as strong as results for the company, with customers of the company satisfied with results. In the report, Jeffries writes that the...
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Morgan Keegan Maintains Market Perform on ADTRAN
Wednesday, July 13, 2011 - 8:19am | 106Morgan Keegan is out with its report today on ADTRAN (NASDAQ: ADTN), maintaining Market Perform. In a note to clients, Morgan Keegan writes, "We maintain our Market Perform rating on ADTRAN; the strength in the growth areas continue to offset the weakness in legacy, which, from an investor...
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Morgan Stanley Maintains Overweight on ADTRAN
Wednesday, July 13, 2011 - 8:15am | 98Morgan Stanley is out with its report today on ADTRAN (NASDAQ: ADTN), maintaining Overweight. In a note to clients, Morgan Stanley writes, "ADTN reported another record high and 7th straight beat with Q2 revs of $184.2M, a solid $5.5M ahead of our slightly below Street estimate of $178.8M, up 11.3...
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Earnings Expectations for the Week of July 11
Sunday, July 10, 2011 - 10:17am | 991The new earnings season kicks off this week when Alcoa (NYSE: AA) and Novellus (NASDAQ: NVLS) report second-quarter results on Monday after the closing bell. That is followed by Marriott (NYSE: MAR) and Yum! Brands (NYSE: YUM) on Wednesday, JPMorgan (NYSE: JPM) and Google (NASDAQ: GOOG) on Thursday...
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Bank of America Provides Color on Telecom Equipment Industry
Thursday, June 2, 2011 - 8:05am | 1095Bank of America provided color on the Telecom Equipment industry in a research report published today. Bank of America Decided to maintain its Buy rating on Juniper (NYSE: JNPR) after a meeting with the company's CEO. The report states, "Juniper CEO Kevin Johnson provided an overview of Juniper's...
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Jefferies Maintains Hold on ADTRAN (ADTN)
Wednesday, April 13, 2011 - 8:06am | 86Jefferies is out with its report today on ADTRAN (NASDAQ: ADTN), maintaining Hold. In a note to clients, Jefferies writes, "Adtran's business will continue to benefit from strength in wireless backhaul, the TA 5000, Internetworking, and Broadband Stimulus. Nonetheless, we think the risk/reward is...
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Morgan Keegan Comments On Impressive 1Q11 Results For Adtran
Wednesday, April 13, 2011 - 7:48am | 146According to Morgan Keegan, Adtran (NASDAQ: ADTN) first pass Q1:11 results continue to impress. Morgan Keegan reported that ADTRAN reported sales of $165.5 mm, above its $163.2 mm and the Street's $162.8 mm, coming in flat seq. and in line with its prior forecast for “flat to slightly down...
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Morgan Keegan Downgrades ADTRAN To Market Perform, $44 PT
Friday, March 25, 2011 - 6:58am | 26Morgan Keegan has downgraded ADTRAN, Inc. (NASDAQ: ADTN) from Outperform to Market Perform and maintains its $44 price target.
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ADTRAN Beats In 4Q, Goldman Raises Estimates
Thursday, January 20, 2011 - 9:35am | 193Goldman Sachs has published a research report on ADTRAN, Inc. (NASDAQ: ADTN) after the company reported top- and bottom- line beats in its 4Q, impressing analysts. In the report, Goldman Sachs writes "Adtran's stronger than expected results are largely attributable to services as a new revenue...