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Apple Earnings Preview: Lackluster Quarter Expected (AAPL)
Tuesday, July 23, 2013 - 12:21pm | 1377Apple (NASDAQ: AAPL) is expected to report fiscal third quarter results after the bell Tuesday. The company is expected to report a lackluster quarter with anticipated EPS to decline from the same quarter a year ago on relatively flat revenue. Apple's stock has also massively underperformed the...
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UPDATE: BGC Partners Initiates Coverage on Linkedin
Tuesday, May 21, 2013 - 1:26pm | 111In a report published on Tuesday, BGC Partners analyst Colin W. Gillis initiated coverage on LinkedIn (NYSE: LNKD) with a Buy rating and price target of $225. In the report, BGC Partners noted, "LinkedIn is the professional identity on the Internet for over 225M users and has secured its...
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A Pre-Earnings Apple Upgrade
Monday, April 22, 2013 - 12:29pm | 216Colin Gillis, analyst at BGC Partners, upgraded Apple (NASDAQ: AAPL) heading into Tuesday afternoon's second quarter earnings report. Gillis upgraded the stock from from Hold to Buy and is using the recent weakness in share price to take advantage of potential upside in the stock. He believes that...
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UPDATE: BGC Partners Downgrades Yahoo! to Hold on Near-Term Headwinds
Wednesday, March 20, 2013 - 1:11pm | 144BGC Partners downgraded Yahoo! (NASDAQ: YHOO) from Buy to Hold while reiterating a $21.00 price target. BGC Partners analyst Colin Gillis commented, "Yahoo shares are up 43% since we upgraded to BUY on May 21, 2012 at $15.50, and the stock is currently trading above our $21 price target. While we...
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BGC Partners Maintains Sell on Amazon.com Ahead of December Quarter Earnings Report
Tuesday, January 31, 2012 - 12:06pm | 223BGC Partners has published a research report on Amazon.com (NASDAQ: AMZN) commenting on the company's earnings preview noting that the upper end of guidance was not exceeded during the September quarter. In the report, BGC writes, "The company is facing more difficult growth comparisons in 2012...
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BGC Partners Maintains Hold on Yahoo! after December Quarter Results
Wednesday, January 25, 2012 - 12:57pm | 127BGC Partners has published a research report on Yahoo! (NASDAQ: YHOO) after the company reported its December quarter results. In the report, BGC writes, "Yahoo reported net revenue of $1.168B in the December quarter below our estimate of $1.200B and consensus estimates of $1.192B. Net revenue...
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BGC Partners Raises PT on Apple to $500
Wednesday, January 25, 2012 - 10:56am | 157BGC Partners has published a research report on Apple (NASDAQ: AAPL) after the company reported "smashing" December quarter results. In the report, BGC writes, "Apple reported record December quarter results that smashed company guidance and consensus estimates, driven by strong growth in iPhone,...
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BGC Partners Downgrades Google to Hold
Friday, January 20, 2012 - 10:34am | 189BGC Partners has published a research report on Google (NASDAQ: GOOG) and has downgraded the company from Buy to Hold after the company reported quarterly holiday earnings that fell short of expectations. In the report, BGC writes, "Google reported solid but not stellar results in its seasonally...
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BGC Partners Maintains Buy on Google Pending Motorola Acquisition
Thursday, January 19, 2012 - 10:57am | 208BGC Partners has published a research report on Google (NASDAQ: GOOG) commenting on the company's progress since Motorola's (NYSE: MMI) pre-announcement on January 10, 2012. In the report, BGC writes, "Our net revenue estimate of $8.4B is growth of 32.4% YoY and 12.3% sequentially. Our net revenue...
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BGC Partners Maintains Buy on eBay Ahead of Today's Earnings Report
Wednesday, January 18, 2012 - 10:45am | 166BGC Partners has published a research report on eBay (NASDAQ: EBAY) ahead of the company's earnings report scheduled for today after market close. In the report, BGC writes, "eBay reports earnings after the market close on Wednesday January 18th and we expect inline to modest upside to our...
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BGC Partners Comments On Amazon's September Revenues, Maintains Sell
Wednesday, October 26, 2011 - 11:34am | 177BGC Partners has published a research report on Amazon.com (NASDAQ: AMZN) after the company reported its September quarter revenues that were in-line with consensus estimates. In the report, BGC writes, "Revenue growth was 39% YoY adjusting for the favorable impact of $371M in foreign exchange....
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Goldman Sachs Comments On BGC Analyst Day
Monday, May 23, 2011 - 7:36am | 156According to Goldman Sachs, BGC Partners (NASDAQ: BGCP) held an analyst day last week. Goldman Sachs said that the company remained optimistic on its cyclical and secular growth opportunities, with particular focus on revenue upside given structural shifts in trading of OTC products as global...
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Keefe, Bruyette & Woods Comments On BGCP
Monday, May 23, 2011 - 7:32am | 63According to a recent report from Keefe, Bruyette & Woods, BGC Partners (NASDAQ: NGCP) held an Investor Day to discuss past goals and plan for new financial goals. In the report, Keefe, Bruyette & Woods said, "A look for the first time at the 49% operating margin in the electronic...
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BGC Partners Has Hold On Yahoo! Inc. (YHOO)
Friday, April 15, 2011 - 10:02am | 184BGC Partners has a Hold rating and a $17 price target on shares of Yahoo! Inc. (NASDAQ: YHOO). In a note to clients, BGC writes, "Our net revenue estimate of $1.031B is a decline of 8.8% YoY and a decline of 14.5% sequentially. Our net revenue estimate is below consensus estimates of $1.057B. Our...
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Apparently, Amazon.com Wants to Sell Everything (AMZN)
Monday, November 8, 2010 - 3:22pm | 206Amazon.com (NASDAQ: AMZN) announced Monday that it would acquire Quidsi, an e-commerce company that runs Diapers.com for about $540 million. According to a New York Times report, "Quidsi is an example of the new wave of e-commerce companies. After companies like Webvan and Pets.com flopped during...