Showing posts with label Brookfield. Show all posts
Showing posts with label Brookfield. Show all posts

Friday, August 19, 2011

Sina (SINA) (SIX) (FTE) (HRB) (BPO) Upgraded

Sina (NASDAQ: SINA), Six Flags Entertainment Corp (NYSE: SIX), France Telecom SA (NYSE: FTE), H&R Block, Inc. (NYSE: HRB) and Brookfield Properties Co. (NYSE: BPO) upgraded by analysts.

Sina (SINA) was upgraded by ThinkEquity from a “Hold” rating to a “Buy” rating.

Six Flags Entertainment Corp. (SIX) was upgraded by Merriman Curhan Ford from a “Neutral” rating to a “Buy” rating.

France Telecom SA (FTE) was upgraded by Credit Suisse (NYSE:CS) from an “Underperform” rating to a “Neutral” rating.

H&R Block, Inc. (HRB) was upgraded by Standpoint Research from a “Hold” rating to a “Buy” rating. They have a price target of $18.00 on the company.

Brookfield Properties Co. (BPO) was upgraded by Stifel Nicolaus from a “Hold” rating to a “Buy” rating. They have a price target of $20.00 on the company.

Thursday, August 18, 2011

Wal-Mart (WMT) (INTU) (ADI) (BCSI) (BPO) (NGL) Price Targets Changed

Wal-Mart Stores Inc. (NYSE: WMT), Intuit Inc. (NASDAQ: INTU), Analog Devices, Inc. (NYSE: ADI), Blue Coat (NASDAQ: BCSI), Brookfield Properties Co. (NYSE: BPO) and NGL Energy Partners (NYSE: NGL) price targets adjusted by analysts.

Wal-Mart Stores Inc. (WMT) had its price target raised by Goldman Sachs (NYSE:GS) to $58.00.

Intuit Inc. (INTU) had its price target lowered by Barclays Capital from $56.00 to $54.00. They have an “Overweight” rating on the company.

Analog Devices, Inc. (ADI) had its price target lowered by Argus from $51.00 to $43.00. They have a “Buy” rating on the company.

Blue Coat (BCSI) had its price target lowered by FBR Capital from $19.00 to $15.00. They have a “Market Perform” rating on the company.

Brookfield Properties Co. (BPO) had its price target lowered by Barclays Capital from $22.00 to $20.00. They have an “Equal Weight” rating on the company.

NGL Energy Partners (NGL) had its price target raised by RBC Capital from $22.00 to $25.00. They have an “Outperform” rating on the company.

Friday, August 12, 2011

Taubman (TCO) (OAS) (TI) (ALTR) (NMM) (BAM) Upgraded

Taubman Centers Incorporated (NYSE: TCO), Oasis Petroleum Inc. (NYSE: OAS), Telecom Italia (NYSE: TI), Altera (NASDAQ: ALTR), Navios Maritime Partners L.P. (NYSE: NMM) and Brookfield Asset Management Inc. (NYSE: BAM) upgraded by analysts.

Taubman Centers Incorporated (TCO) was upgraded by UBS AG (NYSE:UBS) from a “Neutral” rating to a “Buy” rating.

Oasis Petroleum Inc. (OAS) was upgraded by SunTrust (NYSE:STI) from a “Neutral” rating to a “Buy” rating.

Telecom Italia (TI) was upgraded by JPMorgan Chase & Co. (NYSE:JPM) from an “Underweight” rating to a “Neutral” rating.

Altera (ALTR) was upgraded by Barclays Capital from an “Equal Weight” rating to an “Overweight” rating. They have a price target of $46.00 on the company.

Navios Maritime Partners L.P. (NMM) was upgraded by Cantor Fitzgerald from a “Hold” rating to a “Buy” rating.

Brookfield Asset Management Inc. (BAM) was upgraded by TD Newcrest from a “Hold” rating to a “Buy” rating.

Monday, May 9, 2011

Biggest Winners (BIP) (SIRO) (TS) (YOKU) (LH) on May 6

Among the winners on Friday, May 6, as measured by share price increases, were Brookfield Infrastrure (BIP), Sirona Dental System (SIRO), Tenaris S.A. (TS), Youku.Com Inc. (YOKU) and Laboratory Corporation (LH).

Brookfield Infrastrure (BIP) was up $1.26, to close at $24.12, a gain of 1.26 percent.

Sirona Dental System (SIRO) jumped $1.25 on the day to close at $55.39, an increase of 2.31 percent.

Tenaris S.A. (TS) rose $1.25 to close at $47.89, a boost of 2.68 percent.

Youku.Com Inc. (YOKU) soared $1.24 to close the session at $58.84, a gain of 2.15 percent.

Laboratory Corporation (LH) surged $1.22 to end the day at $97.59, climbing 1.27 percent.

Dividends Declared: (TSX:MHR) (BIP) (RVR)

McGraw-Hill Ryerson Limited (TSX:MHR), Brookfield Infrastructure Partners (NYSE:BIP) and White River Capital Inc (AMEX:RVR) declare dividends.

The Board of Directors of McGraw-Hill Ryerson Limited (TSX:MHR) declared a quarterly common stock dividend of C$0.285 QUARTERLY per share payable 6/2/11 to shareholders of record at the close of business on 5/12/11.

The Board of Directors of Brookfield Infrastructure Partners (BIP) declared a quarterly common stock dividend of $0.31 per share payable 6/30/11 to shareholders of record at the close of business on 5/31/11.

The Board of Directors of White River Capital Inc (RVR) declared a quarterly common stock dividend of $0.25 per share payable 5/31/11 to shareholders of record at the close of business on 5/16/11.

Friday, May 6, 2011

Ratings on (ADS) (BCSI) (BPO) (CIB) (CIM) Downgraded

Ratings on Alliance Data Systems Co. (NYSE: ADS), Blue Coat (NASDAQ: BCSI), Brookfield Properties Co. (NYSE: BPO), Bancolombia S.A. (NYSE: CIB) and Chimera Investment Co. (NYSE: CIM) downgraded by analysts today.

Goldman Sachs (NYSE:GS) downgraded Alliance Data Systems Co. (ADS) from a “neutral” rating to a “sell” rating. They have a price target of $77.00 on the company.

Signal Hill downgraded Blue Coat (BCSI) to a “hold” rating.

RBC Capital downgraded Brookfield Properties Co. (BPO) from an “outperform” rating to a “sector perform” rating. They have a price target of $21.00 on the company, up from $18.75.

HSBC (NYSE:HBC) downgraded Bancolombia S.A. (CIB) from a “neutral” rating to an “underweight” rating.

Cantor Fitzgerald downgraded Chimera Investment Co. (CIM) from a “buy” rating to a “hold” rating.

Tuesday, April 5, 2011

Bank of America (BAC) Represents CQO in Property Sale

According to people familiar with the situation, Bank of America (NYSE:BAC) is sending out materials to companies of interest concerning the U.S. portfolio held by Charter Hall Office REIT (CQO), which could end up selling for over the $1.7 billion book value of the assets.

Companies reportedly interested in the properties are Blackstone Group LP (NYSE:BX), Brookfield Asset Management Inc. (NYSE:BAM) and Highwoods Properties Inc. (NYSE:HIW), among others.

According to Orange Capital managing partner Daniel Lewis, “The stated book value here of about $1.7 billion is way off and these assets could trade at a significant premium to book value. We are adamantly opposed to the proposed joint venture and have made our view clear to the board.”

Charter Hall spokeswoman Rachel West said, “We’re exploring interest from a broad range of interested parties and any decision we make as always will be in the best interest of unit holders.”