Goldman Sachs Research Summary (JAN 25, 2007) (part 1)

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By Douglas A. McIntyre Published
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Earnings estimates raised on AngloGold (AU), Newmont Mining (NEM), Paraxel (PRXL), Affiliated Managers (AMG), Unisys (UIS), Air Products (APD), Praxair (PX), Ethan Allen (ETH), ConocoPhillips (COP), Tidewater (TDW), AllianceBernstein (AB), Radian (RDN), Cubist Pharma (CBST), Symantec (SYMC), Convergsys (CVG), Corning (GLW), Parametric Tech (PMTC). 

Estimates cut on Barrick Gold (ABX), Steel Dynamics (STLD), Smurfit-Stone (SSCC), Hershey (HSY), Americredit (ACF), Abbott Labs (ABT), Covance (CVD), Textron (TXT), Intersil (ISIL), SAP (SAP), Komag (KOMG), LSI Logic (LSI), Gold Fields (GFI), R.H. Donnelley (RHD), OptionsXpress (OXPS), PSS World (PSSI), General Dynamics (GD).

(EBAY) eBay reiterated Buy/Attractive and expects 20%+ appreciation.
(PFGC) Performance Food stillnoted as one of best ideas in 2007.
(AMG) Affiliated Managers reiterated Buy.
(UIS) Unisys raised estimates after earnings but maintained recent Sell downgrade.
(OXPS) OptionsXpress reiterated Buy/Neutral after it completes an acquisition which will add $0.05 to earnings.
(APD) Air Products reiterated Buy after beating estimates.
(STLD) Steel Dynamics target raised from $44 to $47 based on stronger outlook.
(MCD) McDonalds maintained buy on earnings and reaffirming a return of 45 Billion to shareholders. 

Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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