RPC (NYSE: RES), InterMune, Inc. (NASDAQ: ITMN), Microsoft (NASDAQ: MSFT), Transcept Pharmaceuticals Incorporated (NASDAQ: TSPT), American Superconductor Co. (NASDAQ: AMSC) and Activision Blizzard (NASDAQ: ATVI) had ratings and price targets on them adjusted by analysts.
LeapFrog Enterprises (LF) had its “Positive” rating reiterated by Needham & Company.
InterMune, Inc. (ITMN) had its “buy” rating reiterated by Canaccord Genuity.
Microsoft (NASDAQ: MSFT) had its “buy” rating reiterated by Nomura (NYSE:NMR).
JMP Securities initiated coverage on Transcept Pharmaceuticals Incorporated (TSPT). They placed an “Outperform” rating on the company.
American Superconductor Co. (NASDAQ: AMSC) had its price target lowered by analysts at Citigroup from $14.00 to $6.00. They now have a “neutral” rating on the company.
Activision Blizzard (NASDAQ: ATVI) had its price target raised by analysts at Brean Murray from $15.00 to $16.00. They now have a “buy” rating on the company.
RPC (NYSE: RES) had its price target lowered by analysts at Dahlman Rose from $17.00 to $14.00. They now have a “hold” rating on the company.
Showing posts with label Nomura Holdings. Show all posts
Showing posts with label Nomura Holdings. Show all posts
Monday, February 13, 2012
Monday, August 30, 2010
Goldman (NYSE:GS), Bank of America (NBSE:BAC), Morgan Stanley (NYSE:MS) Fighting for Managing Share Sale in India
Approximately 17 banks are vying for the job of managing the share sale of state-run Steel Authority of India Ltd., including Goldman Sachs(NYSE:GS), Bank of America (NBSE:BAC) and Morgan Stanley (NYSE:MS).
This is a continuation of the divestation of assets by the Indian government in order to raise capital to pay down its debt.
Presentations from the many banks will be made on August 31 and September 1, according to Steel Secretary Atul Chaturvedi.
Among the other notable banks competing for the job are Deutsche Bank AG (NYSE:DB), HSBC Holdings Plc (NYSE: HBC) and Nomura Holdings Inc. (NYSE:NMR).
Chaturvedi said he wants a minimum of five banks managing the share sale.
Short term there isn't much value for the bankers, as the fees collected are extremely small. They participate in hopes of winning more investment bank work in India.
The Indian government has a goal of raising $8.5 billion through the sale of assets for the year.
This is a continuation of the divestation of assets by the Indian government in order to raise capital to pay down its debt.
Presentations from the many banks will be made on August 31 and September 1, according to Steel Secretary Atul Chaturvedi.
Among the other notable banks competing for the job are Deutsche Bank AG (NYSE:DB), HSBC Holdings Plc (NYSE: HBC) and Nomura Holdings Inc. (NYSE:NMR).
Chaturvedi said he wants a minimum of five banks managing the share sale.
Short term there isn't much value for the bankers, as the fees collected are extremely small. They participate in hopes of winning more investment bank work in India.
The Indian government has a goal of raising $8.5 billion through the sale of assets for the year.
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