Disney Reports Good Quarterly Results. Walt Disney's (DIS) reported quarterly results that beat Wall Street’s expectations. Disney announced that their FQ1 net profit rose +33% to $1.84B and earnings of $1.04. Revenue at the entertainment giant climbed +8.6% to $12.31B. Sales grew across all of Disney's different divisions with close to half of the company's profit coming from Media Networks, led by ESPN. The films "Frozen" and "Thor: The Dark World" helped studio revenue leap +23% to $1.89B. Pre-market: 74.65 +2.89 (4.03%)

Upgrades:

American Express (AXP): Janney Capital raised their rating from Neutral to Buy and placed a target price of $90.00 on the company. Pre-market: 84.25 +0.53 (0.63%)

Green Mountain Coffee (GMCR): Stifel raised their rating from Sell to Hold. Pre-market: 112.20 +31.32 (38.72%)

Mosaic (MOS): HSBC raised their rating from Underweight to Neutral. Pre-market: 45.25 +0.39 (0.87%)

Downgrades:

Diamond Offshore (DO): Iberia lowered their rating from Sector Perform to Underperform and placed a target price of $30.00 on the company. Pre-market: 47.25 +0.74 (1.59%)

Ford Motor Co. (F): Argus lowered their rating from Buy to Hold. Pre-market: 14.64 -0.09 (-0.61%)

Twitter (TWTR): Sterne Agee lowered their rating from Neutral to Underperform and placed a target price of $43.00 on the company. Pre-market: 50.71 -15.26 (-23.13%)

Twitter (TWTR): Atlantic Equities lowered their rating from Neutral to Underweight. Pre-market: 50.71 -15.26 (-23.13%)

Coverage Initiated:

Dow Chemical (DOW): BGC Financial initiated coverage with a Buy rating and target price of $55.00. Pre-market: 45.40 +0.55 (1.23%)

Earning Reports:

Advance Auto (AAP): Reported EPS of $0.94 beating estimates by +$0.13. Pre-market: 123.00 +12.25 (11.06%)

AOL (AOL): Reported EPS of $0.43 missing estimates by -$0.05. Pre-market: 49.49 +1.92 (4.04%)

Dunkin Brands (DNKN): Reported EPS of $0.43 beating estimates by +$0.03. Pre-market: 48.31 +1.01 (2.14%)

General Motors (GM): Reported EPS of $0.67 missing estimates by -$0.22. Pre-market: 34.57 -0.67 (-1.90%)

Kellogg (K): Reported EPS of $0.83 beating estimates by +$0.01. Pre-market: 57.00 -0.37 (-0.64%)

Snap-On (SNA): Reported EPS of $1.60 beating estimates by +$0.04.  

Sony (SNE): Reported EPS of $26.00 beating estimates by +$11.40.  Pre-market: 15.18 -0.72 (-4.53%)

Twitter (TWTR): Reported EPS of $0.02 beating estimates by +$0.03. Pre-market: 50.71 -15.26 (-23.13%)

Walt Disney (DIS): Reported EPS of $1.04 beating estimates by +$0.15. Pre-market: 74.65 +2.89 (4.03%)

Markets: 
Futures at 8:39: Dow +0.42%. S&P +0.42%. Nasdaq +0.52%. Crude +0.77% to $98.13. Gold +0.01% to $1257.20. U.S. 10 year -3/32 to 2.683%.

Europe: London +0.74%. Paris +0.48%. Frankfurt +0.42%.

Asia: Japan -0.18% to 14155. Hong Kong +0.72% to 21423. China closed. India +0.25% at 20311. 

#RLPaler #WealthManagement #EarningReports #AnalystsRatings #TopWealthManager #PreMarket #WallStreet

Consumer Electronics Show Opens Today in Vegas.

Consumer Electronics Show Opens Today in Vegas. This year’s CES officially opens today in Las Vegas. The highly anticipated event already has several companies making announcements. Samsung (SSNLF) announced that their smartphones will connect to refrigerators and that their tablets will be powerful enough for business users. The company also is showcasing their curved 4K HD TV’s.  Microsoft (MSFT) said that they have now sold over 3 million Xbox One devices. Sony (SNE) unveiled a waterproof smartphone and Auto manufacturers are looking to turn cars into driverless mobile devices.

Upgrades:

Johnson & Johnson (JNJ): RBC Capital raised their rating from Sector Perform to Outperform and raised their target price from $88.00 to $104.00. Pre-market: 93.35 +1.02 (1.10%)

St Jude Medical (STJ): RBC Capital raised their rating from Underperform to Sector Perform and raised their target price from $44.00 to $64.00.

Yum! Brands (YUM): RBC Capital raised their rating from Outperform to Top Pick and raised their target price from $85.00 to $87.00. Pre-market: 76.98 +1.48 (1.96%)

Downgrades:

AFLAC (AFL): Credit Suisse lowered their rating from Outperform to Neutral. Pre-market: 121.00 +4.98 (4.29%)

Archer Daniels Midland (ADM): Stephens lowered their rating from Overweight to Equal Weight.

Baker Hughes (BHI): Cowen lowered their rating from Outperform to Market Perform and lowered their target price from $70.00 to $56.00. Pre-market: 52.90 -0.50 (-0.94%)

Baxter Intl (BAX): RBC Capital lowered their rating from Outperform to Sector Perform and placed a target price of $73.00 on the company. Pre-market: 69.26 -0.16 (-0.23%)

International Game Tech (IGT): Argus lowered their rating from Buy to Hold. Pre-market: 17.50 -0.08 (-0.46%)

LinkedIn (LNKD): BofA Merrill Lynch lowered their rating from Buy to Neutral and lowered their target price from $270.00 to $240.00. Pre-market: 199.00 -4.92 (-2.41%)

Monsanto (MON): Topeka lowered their rating from Buy to Hold.

Coverage Initiate:

Genworth Financial (GNW): Compass Point initiated coverage with a Buy rating and target price of $22.00. Pre-market: 16.09 +0.31 (1.96%)

WD-40 (WDFC): B. Riley initiated coverage with a Buy rating and target price of $91.00.

Earning Reports:

IHS (IHS): Reported EPS of $1.46 beating estimates by +$0.16.

Sonic (SONC): Reported EPS of $0.13 in-line with estimates. Pre-market: 20.30 +1.05 (5.45%)

Markets: 
Futures at 4:21: Dow +0.25%. S&P +0.12%. Nasdaq +0.48%. Crude +0.57% to $93.96. Gold -0.01% to $1237.80. U.S. 10 Year -3/32 to 2.949%.

Europe: London +0.39%. Paris +0.40%. Frankfurt +0.58%. 

Asia: Japan -0.59% to 15814. Hong Kong +0.13% to 22713. China +0.08% to 2047. India -0.45% to 20693. 

#RLPaler #WallStreet #PreMarket #WealthManagement #EarningReports #AnalystsRatings

Xbox One Enjoys Strong Sales.

Xbox One Enjoys Strong Sales. The release of Microsoft’s highly anticipated Xbox One on Friday enjoyed strong sales. Microsoft sold over 1 million Xbox One gaming systems within the first 24 hours. A week ago Sony (SNE) released their new PS4 gaming system to similar fanfare. Analysts estimate that each company will sell over 3 million units by the end of the year. MSFT Pre-market: 37.75 +0.18 (0.48%) SNE Pre-market: 18.46 +0.16 (0.87%)

Upgrades:

Alcoa (AA): Goldman Sachs raised their rating from Neutral to Buy and raised their target price from$8.00 to $11.00. Pre-market: 9.57 +0.33 (3.57%)

Finish Line (FINL): Sterne Agee raised their rating from Underperform to Neutral.

Finish Line (FINL): Susquehanna raised their rating from Neutral to Positive and raised their target price from $22.00 to $31.00.

Stryker Corp (SYK): Bernstein raised their rating from Market Perform to Outperform and raised their target price from $75.00 to $84.00. Pre-market: 75.49 +1.21 (1.63%)

Downgrades:

AOL (AOL): RBC Capital lowered their rating from Outperform to Sector Perform and maintained a target price of $46.00.

Campbell Soup (CPB): Goldman Sachs lowered their rating from Buy to Neutral and placed a target price of $42.00 on the company.

Clorox (CLX): Goldman Sachs lowered their rating from Neutral to Sell and placed a target price of $87.00 on the company.

Deere & Co. (DE): BMO Capital lowered their rating from Outperform to Market Perform and lowered their target price from $95.00 to $84.00.

Sprint (S): Pacific Crest lowered their rating from Outperform to Sector Perform. Pre-market: 7.74 -0.09 (-1.15%)

Time Warner Cable (TWC): Argus lowered their rating from Buy to Hold. Pre-market: 133.88 +0.96 (0.72%)

Coverage Initiated:

Burger King Worldwide (BKW): Goldman Sachs initiated coverage with a Buy rating and target price of $25.00. Pre-market: 20.95 +0.57 (2.80%)

Church & Dwight (CHD): Goldman Sachs initiated coverage with a Buy rating and target price of $73.00.

Praxair (PX): UBS initiated coverage with a Neutral rating and target price of $125.00.

Twitter (TWTR): Wells Fargo initiated coverage with a Market Perform rating and target range of $36.00-$39.00. Pre-market: 41.00 0.00 (0.00%)

Markets: 
Futures at 8:32: Dow +0.41%. S&P +0.33%. Nasdaq +0.37%. Crude -1.29% to $93.61. Gold -1.21% to $1229.20. U.S. 10 Year -6/32 2.767%.

Europe: London +0.33%. Paris +0.59%. Frankfurt +0.94%. 

Asia, Japan +1.54% to 15619. Hong Kong -0.05% to 23684. China -0.47% to 2186. India +1.92% to 20605. 

#RLPaler #WallStreet #PreMarket #WealthManagement#EarningReports #XboxOne #PS4

Sony’s PlayStation 4 Goes On Sale

Sony’s PlayStation 4 Goes On Sale. Sony’s (SNE) PS4 went on sale Friday night and within 24 hours the company sold over 1 million video-gaming consoles.  The company needs to hit a home run with the PS4 to help the company the turn around its consumer-electronics division. Sony will face stiff competition from Microsoft which will be releasing its new gaming system Xbox One this Friday. Pre-market: 19.10 +0.60 (3.24%)

Upgrades:

Baxter Intl (BAX): Credit Suisse raised their rating from Neutral to Outperform and raised their target price from $73.00 to $80.00.

Swift Transportation (SWFT): RW Baird raised their rating from Neutral to Outperform and raised their target price from $25.00 to $28.00. Pre-market: 23.31 +0.08 (0.34%)

Downgrades:

Halliburton (HAL): Global Hunter lowered their rating from Buy to Neutral and maintained a target price of $61.00. Pre-market: 56.10 -0.13 (-0.23%)

Microchip Tech (MCHP): Stephens lowered their rating from Overweight to Equal Weight and placed a target price of $45.00 on the company. Pre-market: 43.00 -0.61 (-1.40%)

Microsoft (MSFT): BofA Merrill Lynch lowered their rating from Neutral to Underperform and placed a target price of $36.00 on the company.

NVIDIA (NVDA): Morgan Stanley lowered their rating from Equal Weight to Underweight and placed a target price of $13.00 on the company. Pre-market: 15.85 -0.32 (-1.98%)

Coverage Initiated:

Twitter (TWTR): Wunderlich re-initiated coverage with a Sell rating and target price of $34.00. Pre-market: 43.28 -0.70 (-1.59%)

Earning Reports:

Tyson Foods (TSN): Reported EPS of $0.70 beating estimates by +$0.01. Pre-market: 29.85 +1.08 (3.75%)

Markets: 
Futures at 8:03: Dow +0.23%. S&P +0.15%. Nasdaq +0.06%. Crude -0.46% to $93.41. Gold -0.71% to $1278.20. U.S. 10 Year 0/32 2.705%.

Europe: London +0.41%. Paris +0.73%. Frankfurt +0.62%. 

Asia: Japan -0.01% at 15164.3. Hong Kong +2.73% to 23660. China +2.87%. India +2.21%. 

#RLPaler #WallStreet #PreMarket #WealthManagement #EarningReports #AnalystsRatings

Morning Coffee Pre-Market Wall Street News

AT&T Exploring Vodafone Acquisition. Reports say that AT&T (T) is exploring a possible takeover of cell phone competitor Vodafone (VOD). If AT&T decides to proceed it would create a company with a market cap in excess of $250B and over 500M wireless subscribers. The deal would have to wait until Vodafone closes the sale of its Verizon Wireless stake. (T) Pre-market: 36.45 +0.25 (0.69%) (VOD): Pre-market: 36.99 +0.14 (0.37%)

Upgrades:

Facebook (FB): Argus raised their rating from Hold to Buy and placed a target price of $64.00 on the company. Pre-market: 50.86 +0.65 (1.30%)

ITT Corp (ITT): RW Baird raised their rating from Neutral to Outperform and raised their target price from $37.00 to $52.00. Pre-market: 39.73 0.00 (0.00%)

Netflix (NFLX): RW Baird raised their rating from Neutral to Outperform and raised their target price from $383.00 to $420.00. Pre-market: 330.73 +8.25 (2.56%)

Downgrades:

American International Group (AIG): Drexel Hamilton lowered their rating from Buy to Hold. Pre-market: 49.08 -2.57 (-4.98%)

PETsMart (PETM): Bank of America Merrill Lynch lowered their rating from Buy to Neutral and lowered their target price to $80.00.

Sony Corp. (SNE): Jeffries lowered their rating from Buy to Hold. Pre-market: 17.01 -0.24 (-1.39%)

Strayer Education (STRA): Morgan Stanley lowered their rating from Equal Weight to Underweight and placed a target price of $30.00 on the company. Pre-market: 37.52 -1.90 (-4.82%)

Earning Reports:

Fluor (FLR): Reported EPS of $1.02 beating estimates by +$0.02.

Markets: 
Futures at 7:19: Dow +0.25%. S&P +0.26%. Nasdaq +0.22%. Crude -0.75% at $95.63. Gold -0.80% to $1313.00. U.S. 10 Year -8/32 2.587%.

 Europe: London +0.04%. Paris -0.32%. Frankfurt -0.16%. 

Asia: Japan -0.88% to 14202. Hong Kong +0.19% to 23250. China +0.37% to 2150. India +0.15% to 21197. 

#RLPaler  #EarningReports #Stocks #StockMarket  #AnalystsRatings #WealthManager

Morning Coffee Pre-Market Wall Street News

Microsoft Share Jump On Earnings. Microsoft (MSFT) reported that their FQ1 net profit climbed +16% to $5.2B.  EPS were reported at $0.62 beating Wall Street estimates by $0.08. Revenues at the company also rose +16% to $18.53B. Microsoft's performance was boosted by strong corporate sales of its Office and server software.  Earlier this week Apple (APPL) announced that they would begin offering their latest operating system Maverick for free along with iWork which is their version of Office. Pre-market: 35.74 +2.02 (5.99%)

Upgrades:

Brinker Intl (EAT): Wunderlich raised their rating from Hold to Buy and raised their target price from $44.00 to $50.00.

Colgate-Palmolive (CL): Canaccord raised their rating from Sell to Hold and raised their target price from $52.00 to $58.00.

DuPont (DD): Citigroup raised their rating from Neutral to Buy and raised their target price from $61.00 to $70.00.

Ford Motor (F): CLSA raised their rating from Underperform to Outperform and raised their target price from $18.00 to $20.00.

Hasbro (HAS): BMO Capital raised their rating from Underperform to Market Perform and raised their target price from $38.00 to $50.00.

Sony (SNE): Credit Suisse raised their rating from Neutral to Outperform. Pre-market: 19.14 0.00 (0.00%)

Western Digital (WDC): Craig-Hallum raised their rating from Sell to Hold and placed a target price of $70.00 on the company. Pre-market: 70.50 -0.04 (-0.06%)

Downgrades:

Caterpillar (CAT): Atlantic Equities lowered their rating from Overweight to Neutral.

Transocean (RIG): Guggenheim lowered their rating from Buy to Neutral and lowered their target price from $58.00 to $53.00. Pre-market: 48.75 -0.27 (-0.55%)

Wynn Resorts (WYNN): Craig-Hallum lowered their rating from Buy to Hold and lowered their target price from $170.00 to $160.00. Pre-market: 170.02 -2.83 (-1.64%)

Coverage Initiated:

Walt Disney (DIS): FBR Capital initiated coverage with an Outperform rating and target price of $84.00.

Earning Reports:

AbbVie (ABBV): Reported EPS of $0.82 beating estimates by +$0.04. Pre-market: 48.90 +0.97 (2.02%)

DTE Energy (DTE): Reported EPS of $1.13 missing estimates by -$0.08.

Eaton (ETN): Reported EPS of $1.12 in-line with estimates. Pre-market: 67.50 -1.00 (-1.46%)

Express Scripts (ESRX): Reported EPS of $1.08 in-line with estimates. Pre-market: 62.49 -1.25 (-1.96%)

Microsoft (MSFT): Reported EPS of $0.62 beating estimates by +$0.08. Pre-market: 35.74 +2.02 (5.99%)

National Oilwell Varco (NOV): Reported EPS of $1.34 beating estimates by +$0.02. Pre-market: 82.00 +2.87 (3.63%)

Newell Rubbermaid (NWL): Reported EPS of $0.52 beating estimates by +$0.03. Pre-market: 30.10 +1.18 (4.08%)

NETGEAR (NTGR): Reported EPS of $0.58 in-line with estimates. Pre-market: 30.00 -2.14 (-6.66%)

Procter & Gamble (PG): Reported EPS of $1.05 in-line with estimates. Pre-market: 80.30 -0.31 (-0.38%)

Sherwin-Williams (SHW): Reported EPS of $2.68 beating estimates by +$0.04. Pre-market: 190.00 +3.00 (1.60%)

Synaptics (SYNA): Reported EPS of $1.31 beating estimates by +$0.08. Pre-market: 50.07 -2.97 (-5.60%)

UPS (UPS): Reported EPS of $1.16 beating estimates by +$0.01. Pre-market: 96.39 +1.90 (2.01%)

Weyerhaeuser (WY): Reported EPS of $0.27 beating estimates by +$0.05. Pre-market: 31.20 +0.90 (2.97%)

Wynn Resorts (WYNN): Reported EPS of $1.84 beating estimates by +$0.12. Pre-market: 170.02 -2.83 (-1.64%)

Markets: 
Futures at 6:17: Dow -0.03%. S&P +0.02%. Nasdaq +0.27%. Crude +0.13% to $97.24. Gold -0.88% to $1338.30. U.S. 10 Year +5/32 2.506%.

Europe: London +0.14%. Paris +0.01%. Frankfurt +0.17%. 

Asia: Japan -2.78% to 14088. Hong Kong -0.60% to 22698. China -1.45% to 2133. India -0.20% to 20684.