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Market Wrap For December 16: Dow Posts Triple Point Gain Ahead of Fed Meeting
Monday, December 16, 2013 - 5:55pm | 2347Read More...U.S stocks started off the week on a positive note with triple digit point gains for the Dow following one of the worst weeks in recent memory. Tuesday is an important day for the markets as the Fed begins its policy meeting which will last until Wednesday. After weeks of anticipating when (or...
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FBR Raises PT On LSI Corporation To $9
Thursday, June 23, 2011 - 7:40am | 127Read More...FBR Capital Markets has published a research report on LSI Corporation (NYSE: LSI) after the company reported decent 2Q earnings. In the report, FBR writes, "For 2Q11, we think LSI's revenues are tracking in the upper half of guidance of $465M–$495M (–2% to +5% QOQ), about consistent with the...
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Jefferies Removes NR Designation from LSI, Applies Neutral Rating
Monday, May 23, 2011 - 7:35am | 119Read More...Jefferies has removed its NR designation from LSI Corporation (NYSE: LSI) and now has a Neutral rating “post the completion of the storage systems divestiture to NetApp, Inc. (NASDAQ: NTAP) (closed on May 9 for $480 mn).” “Recall that systems sales were $705 mn in 2010, and LSI expects to reduce...
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Engenio Business Systems To Acquired By NetApp From LSI, Goldman Maintains Neutral Rating
Thursday, March 10, 2011 - 10:17am | 144Read More...Goldman Sachs has published a research report on NetApp (NASDAQ: NTAP) after the company's announcement to acquire Engenio Business Systems from LSI Corporation (NYSE: LSI) In the report, Goldman writes "NetApp announced that it has entered into a definitive agreement to purchase the Engenio...
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NetApp Announces Acquisition from LSI, Wunderlich Maintains Buy Rating
Thursday, March 10, 2011 - 10:11am | 141Read More...Wunderlich Securities has published a research report on NetApp, Inc. (NASDAQ: NTAP) after the company announced its acquisition that is expected to be accretive. In the report, Wunderlich writes "NetApp, Inc. (NTAP) announced yesterday after the close that it has entered into a definitive...
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LSI Sells Engenio Systems, FBR Lowers PT To $7
Thursday, March 10, 2011 - 9:09am | 242Read More...FBR Capital Markets has published a research report on LSI Corporation (NYSE: LSI) after the company's sale of its Engenio Systems Business. In the report, FBR Capital writes "Today LSI announced the sale of its Engenio storage systems business (27% of revenues) to Network Appliance, while...
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J.P. Morgan Raises LSI Target To $7.00 From $5.50
Thursday, January 27, 2011 - 7:51am | 22Read More...J.P. Morgan is raising its PT on LSI Corporation (NYSE: LSI) to $7.00 from $5.50.
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Wedbush Changes OTEX, ITRI And LSI Price Targets
Thursday, October 28, 2010 - 11:54am | 50Read More...Wedbush is changing the price target of the following companies: Open Text Corporation (NASDAQ: OTEX) $50 to $48 Itron, Inc. (NASDAQ: ITRI) $62 to $66 LSI Corporation (NYSE: LSI) $8 to $7
