5 posts and columns on Standard & Poor’s

Google’s Motorola Buy Has Wall Street Selling

in Mobile on August 16, 2011 at 12:58 pm PT

Google is down more than 4 percent since the Motorola announcement. It should go lower, says Standard & Poor’s, which has issued a rare “sell” rating.
crater2

Voices

Tech Sector in Hiring Drive

in News on April 16, 2010 at 12:06 am PT

The technology industry, an engine of innovation and U.S. prosperity for more than half a century, is accelerating its recovery from the recession with surging earnings that have spurred companies to sharply ramp up their hiring. The latest evidence for the rebound came Thursday, when Internet giant Google Inc. posted a 37 percent profit jump for the first quarter and chip maker Advanced Micro Devices Inc. reported a 34 percent revenue increase to record levels.

Voices

Take-Two Not Likely to Sell Before Next GTA, S&P Says

in News on February 2, 2010 at 12:50 pm PT

Standard & Poor’s analyst Jim Yin today cut his rating on Take-Two Interactive to Strong Sell, from Sell, keeping his price target at $5.50, well below the current level. “Our downgrade is on valuation and our view of deteriorating fundamentals,” he writes.

Voices

Priceline: S&P Advises Taking Profits After Big Run

in News on April 10, 2009 at 7:50 am PT

Standard & Poor’s analyst Scott Kessler late Thursday cut his rating on Priceline.com to Hold from Buy on a valuation basis. Kessler notes that the stock has rallied 38 percent off an early February low, and is closing in on his $100 price target.

Pre Historic: Analysts React to Palm Announcements

in News on January 9, 2009 at 5:00 am PT

Palm’s long-suffering investors have apparently drunk themselves silly on Palm Pre Kool-Aid. Shares of the much diminished handset maker climbed almost seven percent to $4.45 Thursday after the company uncrated the device and Web OS, the new platform it will run on. Wall Street seems convinced that the Pre is not a postscipt for Palm, but the beginnings of its rebirth. A historic turning point worthy of a trading bacchanal.