CNBC Stock Blog
- Friday, 27 Jan 2012 4:59 PM ET
Jeffery Bernstein, restaurant analyst at Barclays Capital, just raised his price target for Starbucks, predicting 2012 will yield "grande results" but "venti" expectations for the coffee maker.
He thinks the input costs of making that large venti cappuccino will soon go down.
"Starbucks entering 2012 has tremendous fundamental momentum," Bernstein said. "As we move through the year, as coffee costs ease, you really should see an accelerated earnings growth."» Read More
Starbucks [SBUX Loading... ()
] beat the Street's earnings estimate on Thursday, reporting 50 cents a share in the first quarter. It raised its full-year earnings outlook to $1.82 a share from $1.78. - Friday, 27 Jan 2012 4:09 PM ETBy: Katie Little
Facebook’s biggest investor does not think there is a tech bubble, and said he’s “pretty sure” the company can continue to grow for a long time once it becomes public.
Getty ImagesThe social-networking site could file for its long-anticipated initial public offering as early as Wednesday, according to a Wall Street Journal report.
“I think there’s a time to be private and a time to be public, and I think that companies like Facebook and Groupon [GRPN Loading... ()
] are basically transformational companies,” said Yuri Milner, head of the investment group DST, in an interview with CNBC. - Friday, 27 Jan 2012 12:35 PM ETBy: Margo D. Beller
Put aside a couple of one-time currency and commodity issues in Ford Motors' third and fourth quarters, and the automaker's margins “are pretty darn good,” Sterne Agee analyst Michael Ward told CNBC Friday.
CNBC.comEarlier in the day, Ford [F Loading... ()
] reported fourth-quarter profit that missed analysts' expectations due to what it said were disappointing sales outside the U.S. and rising commodity costs. - Friday, 27 Jan 2012 6:58 AM ETBy: Pete Najarian
Credit Suisse Group options have lit up our tracking systems before, and yesterday the bulls returned to the banking name.
Traders had previously purchased the Feb. 25 and March 25 calls when Credit Suisse was around $22. Yesterday, buyers stepped into the June 31 calls, and multiple large blocks stood out. The contracts first priced for $0.60, but more appeared in decent size for $0.70 and $0.75, according to OptionMonster's real-time monitoring programs.
- Thursday, 26 Jan 2012 4:27 PM ETBy: Margo D. Beller
Stifel Nicolaus Managing Director Jim Duffy told CNBC Thursday he is not concerned that Under Armour has cuts its 2012 sales growth outlook.
The sports apparel maker reported revenue and earnings growth for the quarter, but Under Armour's stock fell after it cut the outlook on too much inventory at retailers, saying the mild winter affected demand.
- Thursday, 26 Jan 2012 3:51 PM ETBy:
Olivia Oran When Bruce Poon Tip was exploring in the South Pole earlier this month, he needed a way to communicate with his 1,500 employees scattered across the globe.
But Poon Tip, the founder of Toronto-based global travel company G Adventures, was faced with a challenge: his laptop was too heavy to carry across Antarctica.
His solution? The Apple [AAPL Loading... ()
] iPhone. - Thursday, 26 Jan 2012 2:16 PM ETBy: Katie Little
Even if economic growth in the U.S. is not as strong as Caterpillar is forecasting, investors can expect the company to deliver on its 2012 guidance anyway, one analyst said.
Seth Perlman / APThe company [CAT Loading... ()
] reported fourth-quarter profit and revenue that blew Wall Street’s expectations away on Thursday, causing its shares to trade solidly higher. Its strong performance was supported by acquisitions, increased mining equipment demand, and growth in construction machinery and parts sales. - Thursday, 26 Jan 2012 2:03 PM ETBy:
Dan Freed In the middle of January, Bank of America's short interest ratio fell to its lowest level since Aug. 31, according to data from Bloomberg.
Bank of America's short interest ratio fell to 0.56 percent as of the Jan. 13 close, the most recent date for which short interest data is available. The New York Stock Exchange releases data on short interest twice a month. The 0.56 percent ratio compares to a ratio of 0.73 percent on Dec. 30.
- Thursday, 26 Jan 2012 1:22 PM ET
Netflix staged a comeback Thursday, adding 610,000 net new subscribers, and unveiling a 47 percent revenue jump to $876 million in the fourth quarter.
While this surprise move won over much of Wall Street, Barton Crockett, analyst at Lazard Capital Markets, says Netflix CEO Reed Hastings isn't off the hook yet.
“I think you've got some blemishes. The third quarter bar was set low,” said Crockett. “They had to improve on that. They did, but subscriber growth in the fourth quarter was all free trials, and they missed badly on international subscriber growth.”
- Thursday, 26 Jan 2012 6:27 AM ETBy:
David Russell Beazer Homes USA has been consolidating for the last two weeks after starting the year strong, and now traders are ready for the rally to resume.
OptionMonster's tracking systems detected the purchase of about 7,800 February 2.50 calls for $0.80 to $0.85. Volume was almost 12 times open interest in the strike.
Those contracts lock in the price the trader must pay for shares in the Atlanta-based homebuilder. They are in the money, meaning that the strike price is below the stock's current level. That essentially lets the trader control shares without having to pay the full price.
- Wednesday, 25 Jan 2012 2:43 PM ETBy:
Chris Ciaccia Apple had $97.6 billion in cash and cash equivalents at the end of its most recent quarter, and despite calls for a dividend, analysts say this may not be the best course of action.
From Apple's [AAPL Loading... ()
] impressive return on equity, to the need for continued innovation, and even future acquisitions, there are plenty of reasons for the iPhone maker to avoid a dividend. Sure, there have been plenty of calls for Apple to do something with its cash, particularly now that a new CEO's at the helm. During his fourth-quarter conference call Tim Cook said that he was "not religious" about holding Apple's cash, prompting speculation that a dividend or share buyback could materialize. This issue continued to reverberate around Apple's first-quarter conference call late on Tuesday.
- Wednesday, 25 Jan 2012 2:20 PM ETBy:
Debra Borchardt
Both Guidewire Software and IntelePeer are hoping the cache of the cloud will fetch them a higher share price when they make their public debuts this week, according to Francis Gaskins, the president of the IPO Desktop.
Guidewire [GWRE Loading... ()
] priced its offering of nearly 9 million shares at $13 each late Tuesday, raising $115 million and exceeding its expected range of $10 to $12 per share. The insurance software company's claim to be a cloud-computing company
![[cnbc explains]](http://media.cnbc.com/i/CNBC/Sections/News_And_Analysis/_News/_CNBC_EXPLAINS/_IMAGES/CNBC_explains_icon1.gif)
is a bit nebulous. Cloud-based companies tend to score a higher price-to-earnings ratio, so it can really pay off if a company can claim they are in the cloud. But just saying you are in the cloud doesn't make it so.
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