Analyst downgrades 1-19-07: Fortune Brands lowered to Neutral
Posted on October 05, 2008 in Generic drugs
Filed under: Before the token, Analyst upgrades and downgrades, Bad news, Altria Ensemble (MO), Fortune Speciess (FO) MOST NOTEWORTHY: Fortune Brands (FO) and Altria Group (MO) were today's more notable downgrades: JP Morgan downgraded Fortune Brands (NYSE: FO) to Neutral from Overweight on valuation and the weak outlook for home and hardware sales. Altria Group (NYSE: MO) was downgraded by Deutsche Bank to Hold from Buy with a $95 target, citing its valuation, ex-Kraft, is more in line with its tobacco peers. OTHER DOWNGRADES: CheckPoint Software Tech (NASDAQ: CHKP) was downgraded to Underperform from Market Perform with a $19 target at Freedman Billings, with expectations that 2007 will be a difficult transition year. Matrix USA downgraded shares of Boyd Gaming (NYSE: BYD) to Hold from Buy on valuation. Goldman Sachs downgraded TRW Automotive Hldg (NYSE: TRW) to Sell from Neutral and was added to the America's Sell List; they believe rising costs, a less favorable product mix and commercial steering business headwinds will weigh on revenue growth and margins in 2007. Analyst summaries provided by TheFlyOnTheWall.com (subscription required). Permalink | Email this | Comments [via] Blogging Stocks Cheap Generic Viagra
Tags: downgraded, fortune, downgrades, nyse, brands
Paul Martin lowers expectations for summer deal on medicare with premiers
Posted on September 24, 2008 in Canadian drugs
OTTAWA (CP) - Paul Martin downgraded hopes of a medicare-reform deal with the provinces this summer and conceded Wednesday he might actually need several meetings with the premiers to get it done....More Cheap Generic Viagra
From The Shareholder Perspective
Posted on August 16, 2008 in Generic drugs
Underneath mashed potatoes and stuffing and craptops lay news stories buried on the bathroom floor. Like offended thirteen year olds the media and lawmakers are out in force with cans of lysol and incense. Even the offenders know that it stinks. So goes the story of Christine Sinicki, Marlin Schneider, Mike Ellis or Fred Risser. None of the above have ever claimed or in normal circles, used sick time - even when, in Sinicki's case - bedridden. Something that most people reading this post would get fired for. It could only happen in an artificial economy like a governmental entity. Because, if a publicly held company that was held responsible by true market forces had a liability of $3.2 million hanging over its head in unpaid, accrued sick time, they would be downgraded by analysts to "dump". It's the same as debt. And of course, $3.2 million today will compound and explode five, ten and fifteen years from now. Something that cannot be sustained, even by an artificial market like government. And since anything government touches goes up in price dramatically (take the cost of higher education, for example, since 1988), you can bet that when medicine goes socialized that the taxpayer's share will also compound. And not in a saved-and-scraped-and-invested compound interest kind of way. Pee Wee Herman's show had a "word of the day". And whenever you heard the word, you had to scream. Liability is the word of the day. Dumping the shares is the only option. Or dumping the employees who don't claim sick time. Pie in the sky you'll say, but it doesn't change the fact that it's the truth. (also posted at the Confidentials )