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Thursday's Selling Momentum Continues Into Friday
Friday, August 1, 2014 - 4:33pm | 2380U.S. stocks picked up where they left off after Thursday's sharp sell-off as positive earnings reports yet again took a backstage to geo-political uncertainties. Not helping the bull cause was nonfarm payrolls, rising by 209,000, less than the 233,000 expected. The jobless rate also ticked...
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Earnings Expectations for the Week of August 8
Sunday, August 7, 2011 - 12:02pm | 1072The focus this week, at least initially, will no doubt be on the effect of the downgrade of U.S. debt. But there will be plenty more earnings as well, including reports from Walt Disney (NYSE: DIS), News Corp. (NASDAQ: NWS), Cisco Systems (NASDAQ: CSCO) and Aol (NYSE: AOL). The parade of retail...
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Jefferies Maintains Buy on Bally Technologies
Friday, July 8, 2011 - 8:21am | 108Jefferies is out with its report today on Bally Technologies (NYSE: BYI), maintaining Buy. In a note to clients, Jefferies writes, "With the collection of flimsy theses and missed expectations, investors' trepidation on equipment companies has been sensible. However, we believe a change is...
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BMC Reiterates Buy on Bally Technologies, Raises PT to $51
Thursday, June 30, 2011 - 6:47am | 45BMC reiterated its Buy rating on Bally Technologies (NYSE: BYI). At the same time, BMC raised its price target on the company's stock from $48 to $51. On Wednesday, Bally added 0.32% to its value to finish the day at $40.33.
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Brean Murray Raises PT On Bally Technologies To $51
Thursday, June 30, 2011 - 5:57am | 29Brean Murray Carret & Company has raised the price target on Bally Technologies (NYSE: BYI) from $48 to $51 and maintains its Buy rating.
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Morgan Stanley Comments On Bally's Caesars Deal
Wednesday, June 15, 2011 - 8:44am | 123According to Morgan Stanley, Bally Technologies (NYSE: BYI) enterprise-wide agreement to implement iView DMs across Caesars' portfolio is a modest long-term positive for BYI as it should help validate the technology given Caesars' reputation as an industry leader in systems and gaming technology....
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Jefferies Maintains Buy on Bally Technologies
Wednesday, June 15, 2011 - 7:30am | 107Jefferies is out with its report today on Bally Technologies (NYSE: BYI), maintaining Buy. In a note to clients, Jefferies writes, "We believe BYI's announced iVIEW DM contract with Caesars signals a critical inflection point for BYI's systems product momentum across the casino operators and...
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Deutsche Bank Comments On Bally Technologies F3Q11 Results
Friday, April 29, 2011 - 9:38am | 113According to Deutsche Bank, Bally Technologies (NYSE: BYI) held its F3Q11 conference call Thursday evening and provided an update to its pre-announcement made in early April. Deutsche Bank said that Management still expects FY11 EPS of $1.82 - $1.95 (excluding the benefit of the previously...
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Deutsche Bank Lowers BYI Target From $42 To $40
Tuesday, April 12, 2011 - 7:28am | 29Deutsche Bank is lowering its PT on shares of Bally Technologies, Inc. (NYSE: BYI) from $42 to $40. Bally Technologies closed Monday at $38.57.
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Goldman Sachs Maintains $32 PT On BYI
Friday, April 8, 2011 - 8:23am | 118Yesterday, Bally Technologies, Inc. (NYSE: BYI) lowered its FY11 guidance range to $1.77-$1.90 (excl. $0.05 tax benefit), “below our $2.01 estimate, consensus of $2.00, and the prior range of $1.95-$2.10 (excl. $0.05 tax benefit),” Goldman Sachs reports. “The revision is due to lowered systems...
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Goldman Sachs Maintains Sell Rating On BYI
Thursday, March 10, 2011 - 9:07am | 94Following Bally Technologies, Inc.'s (NYSE: BYI) systems user conference in California, Goldman Sachs said that is maintaining its Sell rating on the shares. “We remain Sell rated on Bally given the structural challenges within the broader industry,” Goldman Sachs writes. “However, as indicated in...
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Sterne Agee Lowers Estimates On Bally Technologies, Maintains Ratings & PT
Thursday, February 3, 2011 - 10:12am | 142Sterne Agee has published a research report on Bally Technologies (NYSE: BYI) after the company reported 2Q EPS slightly below consensus but in-line with Sterne's estimates. In the report, Sterne Agee writes "BYI reported FY2Q11 EPS results 2 cents below consensus (inline with our estimate) and...
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Morgan Stanley's Americas Equity Morning Summary
Tuesday, December 14, 2010 - 10:06am | 132Morgan Stanley released its Americas Equity Morning Summary with the following updates: Initiating Coverage Bally Technologies (NYSE: BYI) with an Equal-Weight rating and $45 price target. International Game Technology (NYSE: IGT) with an Overweight rating and $21 price target. WMS Industries (NYSE...
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Wells Fargo Increases Bally Technologies Estimates
Monday, December 6, 2010 - 10:38am | 81Wells Fargo is increasing its Bally Technologies Inc. (NYSE: BYI) FY 2011 and FY 2012 EPS estimates and its year end 2011 base case valuation. “Our FY 2011 EPS goes to $2.15 from $2.13 and our FY 2012 EPS goes to $2.78 from $2.54,” Wells Fargo writes. “Our year end 2011 base case valuation goes to...
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Morgan Joseph Changes BYI And BEC Price Targets
Thursday, October 28, 2010 - 11:57am | 39Morgan Joseph is changing the price target of the following companies: Bally Technologies, Inc. (NYSE: BYI) $44 to $42 Beckman Coulter, Inc. (NYSE: BEC) $56 to $62