J.P.Morgan

According to J.P. Morgan, J.B. Hunt Transport Services (NASDAQ: JBHT) upside 1Q shows strong intermodal momentum. J.P. Morgan reported that despite challenging weather conditions and a headwind in their truck businesses from higher fuel prices, JBHT reported strong 1Q11 EPS which were modestly...

According to J.P. Morgan, Covidien (NYSE: COV) Overweight rating is reiterated. J.P. Morgan reported that the 2011 SAGES meeting is underway in San Antonio. “In the Endo-Mechanical markets, J&J has stolen the headlines at this year's meeting, introducing the first power stapler, while Covidien...

According to J.P. Morgan, Energy Transfer Partners (NYSE: ETP) and Regency Energy Partners (NASDAQ: RGNC) announced a joint venture to buy LDH Energy Assets Holdings LLC's assets for $1.93 Bn. J.P. Morgan reported that the LDH assets primarily consist of storage and processing plants around Mont...

In a report published by J.P. Morgan, SPX Corp. (NYSE: SPW) is experiencing déjà vu. J.P. Morgan said that SPX remains in the early fundamental innings of inflection off an earnings base that is the closest to trough levels in the EE/MI sector. “We believe a premium on near-term valuation is...

J.P. Morgan has published a research report on E.W. Scripps (NYSE: SSP) detailing some of its long-term growth possibilities. In the report, J.P. Morgan said that it is “looking for ongoing modest declines in newspaper revenues, down low-single digits this year, with some margin compression as...

In a report published by J.P. Morgan, it maintains its OW rating on PNM Resources (NYSE: PNM) despite a 10% move in the stock over the past two days, as it believes the shares remain undervalued relative to peers.   J.P. Morgan said that it believes management’s discussion of its...

In a report published by J.P. Morgan, Blackboard's (NASDAQ: BBBB) $100 million share repurchase send a signal. J.P. Morgan reported that, after the close yesterday, Blackboard announced a $100M share repurchase program that we believe sends a clear statement about the management/board view of the...

According to J.P. Morgan, Mako Surgical (NASDAQ: MAKO) is reducing its estimates. J.P. Morgan reported that, following 4Q results, it is updating its Mako model and maintaining the Neutral rating. “Mako reported 4Q10 results that were in line with the company's previously announced metrics,...

According to J.P. Morgan, Scientific Games Corporation (NASDAQ: SGMS) is tweaking its estimates and remaining Neutral with $9 target. J.P. Morgan reported that, following SGMS' 4Q10 earnings release this evening, it is tweaking its 1Q11and out-year estimates. “In 2011, our adjusted EBITDA goes to $...

In a report published by J.P. Morgan, Sina Corp. (NASDAQ: SINA) will have a year of investment in Microblog and video. J.P. Morgan reported that Sina's 4Q10 revenue of $105.3 million (up 1.6% QoQ and up 12.6% YoY) was inline with our forecast of $103.9 million and consensus of $105.0 million, and...

According to J.P. Morgan, Watts Water Technologies (NYSE: WTS) had a mixed 4Q. J.P. Morgan reported that Watt's 4Q was a mixed bag as sales continued to improve in North America. But growing raw material concerns and restructuring related inefficiencies in Europe acted as offsets. “We like that...

According to J.P. Morgan, it is refining the model for Impax Laboratories (NASDAQ: IPXL) following the 10-K. J.P. Morgan reported that it is not changing the revenue or EPS assumptions. “With Impax operating both generic and specialty pharmaceutical business units, we use a sum-of-the-parts...

According to J.P. Morgan, Watson Pharmaceuticals (NYSE: WPI) reported it is modestly adjusting its model following Watson's release of its 2010 Form 10-K, but not changing its revenue or EPS assumptions. J.P. Morgan reported that Watson trades at roughly 13.7x our 2011 cash EPS estimate of $4.14,...

According to J.P. Morgan, RadioShack (NYSE: RSH) are in need of expansion of strategic focus that adds complexity. J.P. Morgan reported that, in the post Julian Day era, the message appears to have taken a shift from simplicity (i.e., wireless growth and cost discipline providing earnings growth)...

According to J.P. Morgan, shares of Overweight-rated Hewlett-Packard (NYSE: HPQ) are to come under pressure in the near term. J.P. Morgan said that enterprise systems (servers, storage, and networking) performance was stronger than expected, but it was more than offset by weakness in PCs and...