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Gordon Johnson On Caterpillar: 'Macro Backdrop Is Worsening, Not Getting Better'
Thursday, February 18, 2016 - 12:37pm | 184Read More...Axiom analyst Gordon Johnson focused on Caterpillar Inc. (NYSE: CAT)'s three-month rolling machines sales figure in an email to investors Thursday morning. Caterpillar reported a nearly 40 percent drop in Energy and Transport sales year-over-year. Johnson contextualized the results against...
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Axiom Slaps A Sell Rating On Trinity, Sees 'Sizeable' EBITDA/EPS Cuts
Thursday, February 18, 2016 - 9:32am | 315Read More...Trinity Industries Inc (NYSE: TRN) shares have been trending lower in recent months and are down 14 percent since November 18. Axiom’s Gordon L. Johnson II initiated coverage of the company with a Sell rating and a price target of $10. Reduced demand for railcars and an increased...
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The Analyst That Sent Sunedison Down 30% Says Co. Just Made A 'Desperation Move'
Thursday, February 18, 2016 - 8:59am | 446Read More...Shares of Sunedison Inc (NYSE: SUNE) fell 8 percent early Thursday morning after the company detailed its new "asset-light strategy." Sunedison said it plans on: 1) selling its Kuching, Malaysia silicon wafer production facility, 2) close its Pasadena, Texas polysilicon production...
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Did Sunedison Just Miss A Preferred Dividend Payment? Gordon Johnson Sees Company In Potentially 'Scary' Scenario
Tuesday, February 16, 2016 - 12:49pm | 393Read More...Sunedison Inc (NYSE: SUNE) might be in a "scary" scenario, according to Axiom Capital's Gordon Johnson. Johnson, who has a Hold rating on shares, issued an intraday note discussing Sunedison's ability to pay its dividend to preferred shareholders. Using publicly available...
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Axiom Calls eBay An Attractive Internet Value Play
Tuesday, February 16, 2016 - 8:30am | 306Read More...eBay Inc (NASDAQ: EBAY) shares have lost 11 percent since January 19. Axiom’s Victor Anthony maintained a Buy rating for the company, while reducing the price target from $34 to $30. Stabilization of Core eBay, high FCF yield, share buybacks and the stock’s low multiple result...
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Axiom's Anthony: Twitter Inc Must Up User Growth, But Google M&A Possible If Stock Stays Depressed
Wednesday, February 10, 2016 - 1:05pm | 386Read More...The most important metric for Twitter Inc (NYSE: TWTR) shareholders might not be on the income statement. "Twitter needs to re-accelerate user growth," Axiom's Victor Anthony told CNBC on Wednesday. Anthony has a Buy-equivalent rating on the stock, and has a price target that implies...
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Gordon Johnson Sees SolarCity Imminent Downside 'Likely', Sees Outsized Risk To Incremental Guidance Cuts
Wednesday, February 10, 2016 - 9:44am | 261Read More...SolarCity Corp (NASDAQ: SCTY) shares have lost 48 percent since January 4, and are currently trading close to their 52-week low of $24. Axiom’s Gordon L. Johnson II maintained a Sell rating for the company, while putting the price target under review. The company’s...
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How One Interview Moved Sunedison Down 30%
Thursday, February 4, 2016 - 7:07pm | 385Read More...Sunedison Inc (NYSE: SUNE) shares fell by 30 percent on the first half of trading on January 12, before rebounding to close the day down 8 percent. The crash came after commentary from Axiom analyst Gordon Johnson told Benzinga’s PreMarket Prep morning show that he was concerned about...
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Axiom's Gordon Johnson Sees Pain Coming For Solar Investors Who Went Long After ITC Extension
Wednesday, February 3, 2016 - 12:03pm | 265Read More...In a new report, Axiom analyst Gordon Johnson takes a look at whether or not investors that bought solar stocks following the recent extension of the Investment Tax Credit (ITC) made a costly mistake. Johnson believes that solar bulls’ key arguments center on strong 2016 demand stemming...
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Sunedison Shares Rebound From Lows; Analysts Don't Seem Concerned With Appaloosa Suit News
Wednesday, January 13, 2016 - 2:33pm | 436Read More...Investors in SunEdison Inc (NYSE: SUNE) received a spook Wednesday morning, as a Reuters report of a suit against the company by David Tepper and Appaloosa Investment Limited Partnership hit newswires. While shares initially moved higher following the opening bell at 9:30 a.m. EST, sellers...
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Axiom's Gordon Johnson 'More Cautious' On Sunedison's Ability To Make It Through 2016
Tuesday, January 12, 2016 - 12:17pm | 438Read More...Gordon Johnson has doubts about Sunedison Inc (NYSE: SUNE)'s chances of making through the year. Speaking Tuesday on PreMarket Prep, Johnson said he's concerned by the company's debt. "Sunedison amassed a massive amount of debt... The majority of that debt was used to...
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Long-Time Bear On Why Solar Demand In '16 Could Be 'Worse Than Imagined'
Thursday, December 31, 2015 - 8:44am | 340Read More...While shares of Sunedison Inc (NYSE: SUNE), JA Solar Holdings Co., Ltd. (ADR) (NASDAQ: JASO), Trina Solar Limited (ADR) (NYSE: TSL) and SolarCity Corp (NASDAQ: SCTY) have gained significantly over the past one month, Yingli Green Energy Holding Co Ltd (ADR) (NYSE: YGE) shares are down. Axiom...
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Gordon Johnson: Solar ITC Extension Could 'Cripple' Installations Next Year
Thursday, December 24, 2015 - 10:09am | 402Read More...While shares of Sunedison Inc (NYSE: SUNE) and Yingli Green Energy Holding Co Ltd (ADR) (NYSE: YGE) have lost more than 70 percent year-to-date, SolarCity Corp (NASDAQ: SCTY) shares are down 4 percent and JA Solar Holdings Co., Ltd. (ADR) (NASDAQ: JASO) shares are up 20 percent. Axiom’...
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Axiom: Time To Buy Match Group's 20%
Monday, November 23, 2015 - 10:21am | 270Read More...Shares of Match Group Inc (NASDAQ: MTCH) are up 16 percent since their debut on November 19. Axiom’s Victor Anthony initiated coverage of the company with a Buy rating and a price target of $18. The company’s shares trade at a discount to the internet peer group and have a...
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'The Nightmare Before Christmas': Axiom's Johnson Maintains Sell On SunEdison
Wednesday, November 18, 2015 - 9:38am | 321Read More...Shares of Sunedison Inc (NYSE: SUNE) are down 84 percent year-to-date and are trading around their 52-week low of $2.81. Axiom’s Gordon L. Johnson II maintained a Sell rating on the company, with a price target of $2. SunEdison’s financial position remains weak and the company...
