Science and Technology Science and Technology
Mon, January 19, 2009
[ Mon, Jan 19th 2009 ] - Market Wire
Lattice Semiconductor Corporation: SPI4.2 MACO Co .. ceSCM FPGAs Win Coveted Product of the Year Award
[ Mon, Jan 19th 2009 ] - Market Wire
ShoreTel: ShoreTel Begins Field Trial of Unified Communications Plug-In for IBM Lotus Sametime
[ Mon, Jan 19th 2009 ] - Market Wire
3PAR: 3PAR T-Class Utility Storage Array Wins China Computerworld Product of the Year Award
[ Mon, Jan 19th 2009 ] - Market Wire
Rediff.com India Limited Schedules Third Quarter .. ings Results Conference Call for January 23, 2009
[ Mon, Jan 19th 2009 ] - Market Wire
Industry-Leading, Software-as-a-Service Solution .. ing Performance and Talent Management Initiatives
[ Mon, Jan 19th 2009 ] - Market Wire
Thirteen of NIC?s State Partners Receive National .. as Best eGovernment Web sites and Online Services
[ Mon, Jan 19th 2009 ] - Market Wire
NetApp Announces Global Strategic Alliance With TCS
[ Mon, Jan 19th 2009 ] - Market Wire
RADVISION Brings High Definition Desktop Video Co .. BM Lotus Sametime Unified Communications Platform
[ Mon, Jan 19th 2009 ] - Market Wire
European Real Estate Listing Company Cuts Costs and Energy Use with Red Hat Solutions
[ Mon, Jan 19th 2009 ] - Market Wire
CUSTOMER CASE STUDY: BMC Software Enhances European Patent Protection and Management
[ Mon, Jan 19th 2009 ] - Market Wire
Tyler Technologies to Provide Financial Management Solution for Mahoning County, Ohio
[ Mon, Jan 19th 2009 ] - Market Wire
LaBarge Awarded $2.9 Million in Contracts from BAE Systems for Bradley Combat Vehicle Program
[ Mon, Jan 19th 2009 ] - Market Wire
Warhammer® 40,000": Dawn of War® II Goes Gold
Sat, January 17, 2009
[ Sat, Jan 17th 2009 ] - Market Wire
ShoreTel Strengthens Global Presence with Launch in the GCC
Fri, January 16, 2009
[ Fri, Jan 16th 2009 ] - Market Wire
HP Adopts Procedure for Conducting Advisory Stockholder Vote Relating to Executive Compensation
[ Fri, Jan 16th 2009 ] - Market Wire
uWink Announces Odd-Lot Tender Offer Expiration
[ Fri, Jan 16th 2009 ] - Market Wire
GigOptix Announces Dates for 2008 Results, Investor Conference Call and Open House
[ Fri, Jan 16th 2009 ] - Market Wire
Leadis Technology, Inc.: Leadis Technology Schedu .. er 2008 Earnings Conference Call for January 28th
[ Fri, Jan 16th 2009 ] - Market Wire
Mindspeed Technologies: Mindspeed(R) Announces Re .. Donald H. Gips From Company's Board of Directors
[ Fri, Jan 16th 2009 ] - Market Wire
Nuance Extends Offer to Acquire Zi Corporation
[ Fri, Jan 16th 2009 ] - Market Wire
QAD Inc. Conference Call for Fiscal 2009 Fourth Q .. rsday, March 12, at 2:00 p.m. PDT (5:00 p.m. EDT)
[ Fri, Jan 16th 2009 ] - Market Wire
Nortel: Nortel Obtains Approvals From U.S. Court
[ Fri, Jan 16th 2009 ] - Market Wire
Boost Mobile: As More Wireless Consumers Are Adop .. the Value of the New Boost Mobile Monthly Unlimi
[ Fri, Jan 16th 2009 ] - Market Wire
PureSpectrum, Inc. : PureSpectrum, Inc. Moving Ra .. o-Wire Dimming Device for Energy-Efficient Lighti
[ Fri, Jan 16th 2009 ] - Market Wire
IBM: Korea Exchange Bank Card Completes Migration to IBM System z10
[ Fri, Jan 16th 2009 ] - Market Wire
EA to Release Third Quarter Fiscal Year 2009 Results on February 3, 2009
[ Fri, Jan 16th 2009 ] - Market Wire
Superclick, Inc. : Superclick to Report Fiscal Ye .. 08 Results and Announces Year End Conference Call
[ Fri, Jan 16th 2009 ] - Market Wire
First Solar, Inc. to Announce 2008 Fourth Quarter .. d Financial Results on Tuesday, February 24, 2009
[ Fri, Jan 16th 2009 ] - Market Wire
TurboTax Launches the FreeLoader Nation With MySpace Secret Shows
[ Fri, Jan 16th 2009 ] - Market Wire
Schaeffer's Street Stories: Akamai Technologies Suffers a Pair of Downgrades

Schaeffer's Street Stories: Akamai Technologies Suffers a Pair of Downgrades


Published on 2009-01-16 08:56:26, Last Modified on 2009-01-16 08:56:48 - Market Wire
  Print publication without navigation


CINCINNATI--([ BUSINESS WIRE ])--Akamai Technologies (NASDAQ: AKAM) is off to a rough start this morning following a pair of downgrades. First off, Broadpoint AmTech slashed its rating of the firm from "buy" to "neutral."

Meanwhile, Merrill Lynch joined in the fun as it lowered the stock from "buy" to "neutral" as well. The broker said e-commerce could be losing steam. "We expect competitive challenges and spending headwinds to persist in 2009 and offset the growing contributions of premium services and international expansion. Though valuation appears reasonable, we see few clear catalysts on the horizon, and prefer to await greater clarity on long-term growth and competitive dynamics," the broker said.

To continue reading this article, click here: [ http://www.schaeffersresearch.com/commentary/content/akamai+technologies+suffers+a+pair+of+downgrades/observations.aspx?click=home&ID=90571 ]

Contributing Sources