Ken flagg's Blog Posts Tagged 'at' (98)

http://www.economicpolicyjournal.com/2012/08/why-ron-paul-will-not-speak-at-rnc.html

They lowered their iPhone build assumptions for June as they now believe legacy build of iPhone 4S will now be below 20M units, which is well below expectations. The firm cut these at the beginning of the quarter to 25M (street was at 35M) and now street expectations have come down to ~25M. But now Avian thinks builds will be much lower. Slowdown of legacy 4S into a 5 release has already been considered. While they cut their estimated units to reflect…

Apple: Details on tgt raise (568.10 )

Canaccord notes since it attended the iPad launch last week, its checks have indicated record pre-orders with wait times for shipping iPad models now reaching 2-3 weeks. Given the new iPad's leading hardware specs and iOS developer and application ecosystems versus all tablet competitors, firm anticipates Apple will continue to dominate both market and value share of the growing…

Deutsche Bank raises their PCLN tgt to $640 from $625 following earnings. Firm says the secular growth continues at the company, as evidenced by room night growth of 56% Y/Y. They think this robust growth in volumes will likely continue, as growth continues to be robust in Europe, and the fast growing Asia-Pacific region is starting to become a more meaningful portion of the mix. They would be buyers given the growth coming in at a discount.

 Auriga initiates FSLR with a Buy and price target of $157 saying the co is the solar PV industry's low cost leader with a flexible business model targeted at the solar module and solar power project markets. They believe First Solar's efficient manufacturing, solid operational track record, and strong balance sheet positions it better than its peers to weather the continued ASP pressure across the solar PV value chain.…

Today's movement came from lower than avg. volume (738 mln, vs. 958 mln avg; 1630 mln, vs. 1818 avg), with decliners outpacing advancers (NYSE 1400/1546 Nasdaq 1273/1306), and with new highs outpacing new lows (NYSE new highs/new lows 103/24 and NASDAQ new highs/new lows 79/23).

ETF relative strength: sugar futures- SGG +5.5%, uranium & nuclear energy- URA +4.8%, NLR +2.7%, semis- XSD +3.1%, SOXX +2.4%, SMH…

Brian P. Sack, Executive Vice President

Remarks by Brian P. Sack before the Money Marketeers of New York University, New York City

Thank you for inviting me here tonight to give these remarks. These events organized by the Money Marketeers provide an excellent venue to talk about the Federal Reserve's involvement in financial markets, given the focus and…

 equity futures are seeing a modest bounce as we start the new week, with S&P futures +2 vs. fair value and DJ futures +22. Stocks were mixed in overseas markets. In Asia, Japan (-0.7%) and China (-0.2%) dropped while Hong Kong (+0.4%) closed with gains. Machine Tool orders in Japan were -3.3% vs expectations for MoM growth, while China posted New Loans and Money Supply data below expectations. Chinese CPI data is due out tomorrow, and has the potential to…

 Natural Gas (UNG) & Silver (SLV) lead a weaker CRB Index at midday; Food & Agriculture components (JJA, JJG) decline

CRB Index @ 345.63 -2.98 (-0.85%)           

Natural gas futures (UNG) surge on forecasts calling for above-average temps in the Eastern U.S., increasing demand for air conditioning; Positive IEA comments on long-term usage also spurs…