Gabelli

In a report published by Gabelli, Weatherford Int'l's (NYSE: WFT) 2011 EPS estimate is reduced to $1.00 from $1.05. Gabelli said that it is reducing its 2011 EPS estimate to $1.00 from $1.05 and maintaining its 2012 estimate of $1.50. “Weatherford issued an 8-K last night announcing: Charles Greer...

In a report published by Gabelli, Lubrizol (NYSE: LZ) announced an agreement Monday to be acquired for $135 per share, or $9.7 bn (including $700 mm of net debt including a recent acquisition and Minority interests) in an all-cash transaction. Gabelli said that the proposed transaction is valued...

In a report published by Gabelli, ITT Corporation (NYSE: ITT) in January 2011, ITT announced plans to separate the company's businesses into three distinct, publicly traded companies. Gabelli said that under the plan, ITT would execute tax-free spinoffs to shareholders of its water-related...

In a report published by Gabelli, Int'l Flavors & Fragrances (NYSE: IFF) overall market, its strategy and opportunities for growth was reviewed during its analyst day in NYC yesterday. Gabelli said that IFF expects 1Q and 2011 results to be in-line with long-term targets of 4%+ organic revenue...

Gabelli is out with its report this morning on Orient Express Hotels (NYSE: OEH), maintains Hold. In a note to clients, Gabelli states, "We employ Net Asset Valuation on OEH using our 2010 forecasts, when we expect OEH to generate $103MM in EBITDA, and a loss of $0.06 per share. Applying a 5-7%...

Gabelli is out with its morning call this morning, highlighting companies Badger Meter (NYSE: BMI), Belo (NYSE: BLC), Church & Dwight (NYSE: CHD), Gaylord Entertainment (NYSE: GET), McClatchy (NYSE: MNI), and Walt Disney (NYSE: DIS). Gabelli has previously rated Badge Meter at Hold, Belo as a...

Gabelli is out with its Morning Call, focusing on Continucare Corp. (NYSE: CNU), Sensient Technologies (NYSE: SXT), Transocean NYSE" RIG), and Clearwire (NASDAQ: CLWR). In the report, Gabelli reiterated its Continucare Corp Buy rating, left its Sensient Technologies Hold rating unchanged, reduced...

Gabelli is increasing its EPS estimates on CNH Global N.V. (NYSE: CNH) to $2.70 and $3.20 for 2011 and 2012, respectively, after the company reported its 4Q10 results yesterday. “Sales increased 17.0% YoY to $3.8B, with agricultural equipment sales up 13.7% from 4Q09 to $3.0B and construction...

Gabelli is updating its 2011 estimates to reflect AT&T Inc.'s (NYSE: T) guidance: 2011P: EPS: $2.35 ($2.37), EBITDA: $44.6 bil. ($45.3 bil.), PMV: $38 ($39). AT&T currently trades at $27.72.

Gabelli is increasing its 2011 and 2012 adjusted earnings estimates on BlackRock, Inc. (NYSE: BLK) to $12.75 and $14.95 per share from $11.70 and $13.70 per share, respectively, due to higher expected AUM and an improvement in operating margins. “Operating margins for 2010 were 39.3%, a 250 bps...

Analysts at Gabelli initiate coverage of TD AmeriTrade(NASDAQ: AMTD) with a "buy" rating. According to Gabelli, AmeriTrade's profits are likely to increase 20% annually over the next 4 years due to gains from consolidation and growth in online trading. AMTD’s shares gained 1.00% to $18.27 at 9:47...

Analysts at Gabelli upgrade MEMC Electronic Materials Inc (NYSE: WFR) from "hold" to "buy." WFR’s shares closed at $12.20 yesterday. Read more about the market

Gabelli maintains its “buy” rating on Motorola (NYSE: MOT). According to Gabelli, valuation of MOT is still attractive. Following weaker-than-expected results by MOT, Gabelli confirmed its views that the company is an attractive investment for the long term. MOT has gained 1.08% to $6.55.

Gabelli initiated coverage of Federal-Mogul (NASDAQ: FDML) with a “buy” rating. Gabelli believes that FDML will benefit going forward from the recovery in the automobile industry and regulatory changes. FDML's share price has jumped by 3.32% to $17.73 in pre-market trading.