Gabelli & Co.

Gabelli & Co.reiterates its Hold rating and 2012 price target of $41 on Back Hills (NYSE: BKH) as it significantly revises 2012 forecasts to reflect an approved rate hike from the Colorado Public Utilities Commission. Gabelli & Co. says, "Our 2011-2013 earnings estimate remain at $1.75...

Gabelli & Co reiterates its Buy rating and $29 target price on Gannett (NYSE: GCI) as the company's 8K provides details on consolidation operations in Ohio. Gabelli & Co says, "Under terms, the Columbus Dispatch will publish Gannett's Cincinnati and Kentucky Enquirer papers. ...Printing...

Gabelli & Co reiterates its Buy rating and price target of $12.50 on Belo Corporation (NYSE: BLC) as the company announced that it had amended and extended its bank credit facility. Gabelli & Co. notes, "The new credit has improved terms and less restrictive covenants that subject to...

Gabelli & Company has published a research report on PepsiCo (NYSE: PEP) and comments on the belief that the company's value has maximized. In the report, Gabelli writes, "Despite PEP's management insistence that “PepsiCo's value is maximized as one company,” speculation regarding a potential...

Gabelli & Co. is out with a research report on Donaldson Co Inc (NYSE: DCI) and it has a Hold rating on shares. In a note to clients, Gabelli & Co. writes, "1Q12 earnings show strong cost containment. Industrial Filtration margins were particularly impressive, expanding 120bps to a record...

Gabelli & Co. is out with a research report on CF Industries (NYSE: CF) and it has a Buy rating on shares. In a note to clients, Gabelli & Co. writes, "The decrease in Ukraine cost is more of a positive for state-owned OPZ than a negative for North American nitrogen producers. Additionally...

Gabelli & Co. is out with a research report on Hospira Inc (NYSE: HSP) and it has a Buy rating on shares. In a note to clients, Gabelli & Co. writes, "The stock has lost 40% of its value, falling over $20 per share, over the past four months due to continued quality control problems to...

Gabelli & Co. is out with a research report on AMC Networks (NASDAQ: AMCX) and it has a Buy rating on shares. In a note to clients, Gabelli & Co. writes, "On Dec 14, 2011, AMCX will present at the 4th Annual Gabelli & Company Best Ideas Conference at which we expect management to...

Gabelli & Co. is out with a research report on Transocean Inc (NYSE: RIG) and it has a Buy rating on shares. In a note to clients, Gabelli & Co. writes, "Judge Barbier ruled yesterday that BP cannot use Transocean's insurance coverage of $750 million to pay costs related to the oil spill...

Gabelli & Co. is out with a research report on Home Depot (NYSE: HD) and it has a Buy rating on shares. In a note to clients, Gabelli & Co. writes, "Sales up 4.4% to $17.3 bn, driven by strength in core categories and storm related sales. Maintenance and repair projects did well (e.g....

Gabelli & Co. is out with a research report on Covidien Ltd (NYSE: COV) and it has a Buy rating on shares. In a note to clients, Gabelli & Co. writes, "We are raising our 2012 EPS estimate by $0.05 to $4.30 per share, solely reflecting a lower tax rate. Covidien is maintaining strong...

Gabelli & Co. is out with a research report on Telephone & Data Systems, Inc. (NYSE: TDS) and it has a Buy rating on shares. In a note to clients, Gabelli & Co. writes, "Announced that it plans to further adjourn (until further notice) the special meeting of shareholders that had...

Gabelli & Co. is out with a research report on Madison Square Garden (NASDAQ: MSG) and it has a Buy rating on shares. In a note to clients, Gabelli & Co. writes, "Yesterday, the NBA and the players' union announced they were unable to come to an agreement on what the league claimed was its...

Gabelli & Co. is out with a research report on Cameco Corporation (NYSE: CCJ) and it has a Buy rating on shares. In a note to clients, Gabelli & Co. writes, "Yesterday, CCJ increased its bid for Hathor to $4.50/sh, for total consideration of $625mm. This represents an 8.4% premium to Rio...

Gabelli & Co. is out with a research report on Flowers Foods Inc (NYSE: FLO) and it has a Hold rating on shares. In a note to clients, Gabelli & Co. writes, "Flowers is benefiting from new products and territory expansion, while it's seeing moderate share declines. The pricing and...