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Trina Solar "outperform," target price raised

NEW YORK, August 23 (newratings.com) - Analysts at Wedbush Morgan reiterate their "outperform" rating on Trina Solar Limited (ticker: TSL). The target price has been raised from $24 to $34. [more]

Sanderson Farms "hold," target price reduced

NEW YORK, August 23 (newratings.com) - Analysts at Deutsche Bank reiterate their "hold" rating on Sanderson Farms Inc (ticker: SAFM). The target price has been reduced from $65 to $62. [more]

Home Properties "sector perform," target price raised

NEW YORK, August 23 (newratings.com) - Analysts at RBC Capital Markets reiterate their "sector perform" rating on Home Properties Inc (ticker: HME). The target price has been raised from $49 to $52. [more]

Allscripts-Misys Healthcare "outperform," target price raised

NEW YORK, August 23 (newratings.com) - Analysts at Oppenheimer & Co reiterate their "outperform" rating on Allscripts-Misys Healthcare (ticker: MDRX). The target price has been raised from $20 to $22. [more]

Enbridge Energy Partners LP initiated with "perform"

NEW YORK, August 24 (newratings.com) - Analysts at Oppenheimer & Co initiate coverage of Enbridge Energy Partners LP (ticker: EEP) with a "perform" rating. [more]

Boardwalk Pipeline Partners LP initiated with "perform"

NEW YORK, August 24 (newratings.com) - Analysts at Oppenheimer & Co initiate coverage of Boardwalk Pipeline Partners LP (ticker: BWP) with a "perform" rating. [more]

El Paso Pipeline Partners LP initiated with "outperform"

NEW YORK, August 24 (newratings.com) - Analysts at Oppenheimer & Co initiate coverage of El Paso Pipeline Partners LP (ticker: EPB) with an "outperform" rating. The target price is set to $39. [more]

Pacific Sunwear of California upgraded to "average"

NEW YORK, August 24 (newratings.com) - Analysts at Caris & Company upgrade Pacific Sunwear of California Inc (ticker: PSUN) from "below average" to "average." The target price has been raised from $3.50 to $4. [more]

La-Z-Boy upgraded to "buy"

NEW YORK, August 24 (newratings.com) - Analysts at Stifel Nicolaus & Company upgrade La-Z-Boy Inc (ticker: LZB) from "hold" to "buy." The target price is set to $10. [more]

Online Resources upgraded to "outperform"

NEW YORK, August 24 (newratings.com) - Analysts at Oppenheimer & Co upgrade Online Resources Corporation (ticker: ORCC) from "perform" to "outperform." The target price is set to $7. [more]

Aggressive Growth Stock: UFP Technologies

UFP Technologies, Inc. (NASDAQ:UFPT) posted record results in the last quarter after growing through acquisition and organically.
Company Description
UFP Technologies makes protective packaging of fabricated foams, plastics and other materials. Customers are in the medical, auto, electronics and other markets.
Record-Setting Quarter
On Aug 3 UFP Technologies reported its best second quarter yet. Sales came in at a company record of $30 million, up 43% year over year from $21 million. Net income was … [visit site to read more]

Burger King Soars On Buyout Talk

Burger King Holdings Inc. (NYSE:BKC) shares jumped 16.7% to $19.19 on Wednesday pre-market trading, on the news that the company is in talks with potential buyers. The two interested parties can be a British private-equity firm 3i Group Plc, and a private investment firm 3G Capital Management.
One potential candidate 3i Group Plc confirmed that it is not in discussion with the Miami-based company Burger King. However, the status of the talks is unclear with the other suitor and Burger King … [visit site to read more]

Beware Of Light Shinning On Retail ETFs

Despite a weak job market, consumers opened their wallets and started spending once again, shinning a ray of light on exchange traded funds [[ETFs]] which track the retail sector, such as the SPDR S&P Retail ETF (XRT), the Retail HOLDRs (RTH) and the PowerShares Dynamic Retail Portfolio (PMR).
According to Thompson Reuters, comparable sales for retail stores open at least a year rose 3.3% in August, better than the 2.5% that was forecasted. Furthermore, it appears that … [visit site to read more]

Kinross-Red Back Merger?

On a request from Institutional Shareholder Services, Kinross Gold Corporation (NYSE:KGC) provided details of the proposed merger with Red Back Mining Inc., a leading African gold producer, announced in early August this year.
Kinross’ Story
Kinross is on its way to acquire the Red Back Mining Inc for $7.1 billion. With this merger, Kinross will acquire two key assets from Red Back- Chirano Gold Project in Ghana and the Tasiast Gold mine in Mauritania.
Kinross believes that Red Back’s mining … [visit site to read more]

Not Coming Back

The “Money” section of USA Today has a cover story by Adam Shell, “Could Investors Fleeing Stocks Become a Lost Generation?” featuring insights from yours truly. Among other things, I argue that “the lost generation is not coming back” and highlight several reasons why the average Joe may well be on the right side of what I believe is the longer-term trend:
Investors are trying to make sense of an unprecedented economic earthquake that has left them feeling blindsided and unsure about their … [visit site to read more]

Earnings Scorecard: BHP Billiton

BHP Billiton Ltd. (NYSE:BHP) reported better-than-expected results for fiscal 2010 with an EPADR of $4.47, much above the Zacks Consensus Estimate of $3.54. The gradual recovery in market demand as well as increase in the prices of commodities attributable to the new pricing system was the prime factor behind the encouraging results.

Analysts are optimistic about the market improvement and the recent proposed acquisition of Canada’s Potash Corp. of Saskatchewan Inc. (NYSE:POT), the world’s … [visit site to read more]

Distribution Agreement For KCI

Medical technology company Kinetic Concepts’ (NYSE:KCI) business unit, LifeCell Corporation, entered into an agreement with Novadaq Technologies to distribute the latter’s SPY imaging system in North American surgical markets. The imaging system is focused at breast reconstruction, head and neck, and colorectal surgical specialties – an area with immense potential where more than half a million procedures are projected to be performed annually.
While LifeCell will provide market … [visit site to read more]

Enterprise Inks EOG Deals

Enterprise Products Partners L.P. (NYSE:EPD), through its operating subsidiaries, entered into long-term agreements with EOG Resources Inc. (NYSE:EOG) to provide diverse midstream energy services in South Texas Eagle Ford Shale. The contracts are mainly intended to accommodate EOG’s mounting crude oil and associated liquids-rich natural gas production in the region.
The company signed a 10-year firm transport agreement to build a new 140-mile, 350,000 barrel per day (BPD) capacity pipeline for … [visit site to read more]

Top 5 Things Highschool Doesn’t Teach You About Finance

Highschool is an important part of preparing for the real world, but they don’t teach you everything you need to know about finance before you leave highschool. There are important things that everybody should understand before taking charge of there own economic destiny. Here are the five most important things to understand.
1. Compound Interest
Compound interest means that interest earned begins earning interest itself. What this means is that each year that you have money invested in … [visit site to read more]

Waste Mgmt. Adds To Recycling Biz

Integrated waste management company Waste Management Inc. (NYSE:WM) increased its presence in the organics recycling business through the acquisition of a majority equity interest in Garick LLC. The acquisition will boost the processing capacity of Waste Management’s organic recycling business by one million ton.

Based in North America, Garick LLC is a distributor, processor and recycler of sustainable natural resource products. Garick diverts and beneficially reuses organic waste … [visit site to read more]