Hints and tips:
...“This failure to complete the basic quality assurance checks Pearson confirmed that they had completed is deeply disturbing,” city schools Chancellor Dennis Walcott said in a statement....
...HTC, the smartphone maker which competes with the likes of Apple and Samsung, fell a further 6.9 per cent to T$248.50 as it attracted a downgrade from broker Sanford C Bernstein after it reported on Monday...
...Sanford Bernstein turned cautious on Vodafone, having kept the stock on its buy list for three-and-a-half years....
...Fixed-income desks may experience a 25 per cent decline in revenue and a 33 per cent cut in pre-tax margin, estimated Brad Hintz of Sanford C. Bernstein in a note to clients this week....
...Tyco gained its current form after the original company was split into three parts as part of a restructuring in the aftermath of the conviction of Dennis Kozlowski, its former chief executive, for securities...
...Holcim, meanwhile, added 4.4 per cent to SFr73.95 after Sanford C Bernstein said it was its top pick in the building materials sector and Exane BNP Paribas raised its rating on the stock to “neutral” from...
...Carmakers were boosted as Fiat climbed 4.7 per cent to €10.85, its highest since January, after Sanford C....
...ASML, the Dutch maker of chip manufacturing equipment, rose 1.7 per cent to €18.94 after Sanford C Bernstein upgraded the chip sector to “overweight”, saying that the industry had reached the bottom of its...
...Scott Geels at Sanford C Bernstein said that although the financial impact was quite small, it was a positive step in helping it get leverage in the mainstream market....
...Scott Geels, analyst at Sanford C Bernstein, said: “This is a positive for Infineon clearly, though the impact is quite small unless Infineon can leverage the win into the mainstream market.”...
...“We are pleased with the continued strong sales growth and improvements in cash flow, but we expected to see the recent momentum behind margins continue,” said Andrew Wood at Sanford C Bernstein....
...Inbev, the Belgian beermaker, rose 1.3 per cent to €49.22 after Sanford C Bernstein raised its price target from €53 to €60....
...Scott Geels, strategist at Sanford Bernstein, advised clients to avoid the stock....
...Sanford C Bernstein also downgraded the sector to “underweight” from “market weight”....
...Elsewhere among technology stocks, Dell, the computer maker, rose 6.2 per cent to $31.52 after broker Sanford Bernstein upgraded it to “outperform” from “market perform”....
...Suneet Kamath, analyst with Sanford Bernstein, said: “The merger will allow the combined company to create more earnings diversity.”...
...John Parker at Deutsche Bank hailed the dairy division’s performance as “excellent” but Andrew Wood of Sanford Bernstein felt it was “continuing to shows signs of a slowdown”....
...Meanwhile, BP battled with a platform in the deep waters of the US Gulf of Mexico that was severely bent by hurricane Dennis....
International Edition