Blogs about BLKB - Stockpickr! Your Source for Stock Ideas

Blogs about BLKB

Blogs	Description	Date Updated
Kintera finds a savior -- a Blackbaud buyout	Filed under: Deals, TechnologyFounded in 2000, Kintera Inc. (NASDAQ: KNTA) has built on-demand technologies to help nonprofits with fund-raising. Interestingly enough, the company has never reached a profit. So, it should be no surprise that the stock price was below a buck and that the Nasdaq provided a delisting notice. Well, things were much brighter this week. Blackbaud (NASDAQ: BLKB), which has an extensive software suite for nonprofits, has agreed to purchase Kintera for $46 million or $...	May 31, 2008
Kintera Takes $1.12/Shr Bid From Blackbaud; Shrs Soar	In a merger of two companies that provide software for non-profits, Kintera (KNTA) late yesterday agreed to be acquired by Blackbaud (BLKB) for $1.12 a share in cash, or about $46 million. Kintera provides donor management software. Blackbaud plans to finance the deal mostly with debt. Lawrence Petrone, an analyst with W.R. Hambrecht, notes this morning that the deal is likely to be slightly dilutive to BLKB’s 2008 earnings, but with little impact to 2009. Kintera shares today have jumped ...	May 30, 2008
Friday's Upgrades and Downgrades	UpgradesTrans World (TWMC)- B. Riley & Co Neutral » Buy Viacom (VIA)- BMO Capital Markets Market Perform » Outperform Old Second Bancorp Inc. (OSBC)- Sandler O'Neill Sell » Hold Capital Bank Corporation (CBKN)- FTN Midwest Neutral » Buy ON Semiconductor (ONNN)- Canaccord Adams Hold » Buy Wachovia (WB)- Credit Suisse Underperform » Neutral F5 Networks (FFIV)- RBC Capital Mkts Sector Perform » Outperform Allied Capital (ALD)- BB&T Capital Mkts Hold » Buy B...	May 09, 2008
Analyst upgrades: NFP, BLKB and TWMC	Filed under: Analyst reports, Analyst upgrades and downgradesMOST NOTEWORTHY: National Financial Partners, Blackbaud and Trans World were today's noteworthy upgrades: Citigroup upgraded shares of National Financial Partners (NYSE:NFP) to Buy from Hold on valuation, as they believe the recent weakness is overdone. Citigroup also added the stock to their Top Picks Live list. Jefferies upgraded shares of Blackbaud (NASDAQ:BLKB) to Hold from Underperform on valuation, as they believe m...	May 08, 2008
Blackbaud Q1 In Line; Ups Buyback To $40 Million	Blackbaud (BLKB), which provides software used to run non-profits, reported Q1 revenue of $69.4 million and non-GAAP profits of 20 cents a share, in line with the Street at $69.1 million and 20 cents. Blackbaud noted that the results “were in the upper half of our expectations.” The company also said it is increasing its stock repurchase authorization to $40 million. In after hours trading, BLKB is off 11 cents at $22.85. ...	May 07, 2008
Friday's Upgrades and Downgrades	UpgradesLiberty Media (LINTA)- Janco Partners Mkt Perform » Accumulate Phoenix Tech (PTEC)- Roth Capital Hold » Buy Devon Energy (DVN)- JP Morgan Neutral » Overweight Sappi Limited (SPP)- Credit Suisse Neutral » Outperform National City (NCC)- Bear Stearns Underperform » Outperform Marathon Oil (MRO)- Oppenheimer Perform » Outperform DowngradesRenasant (RNST)- Janney Mntgmy Scott Buy » Neutral AbitibiBowater (ABH)- DA Davidson Neutral » UnderperformI-TRAX ...	April 04, 2008
Blackbaud: Jefferies Says Non-Profits To Slow IT Spending	Blackbaud (BLKB) shares are down sharply this morning after Jefferies & Co. analyst Ross MacMillan cut his rating on the stock to Underperform from Buy, and chopped his price target to $22 from $31. MacMillan says the company, which makes software used by non-profits, “is beginning to feel the headwinds of a slowing economy.” He says non-profits are “scrutinizing deals more vigorously,” which has made it harder to close business. “Given the outlook for more pote...	April 03, 2008
Consistent Cash Creators	The topic of consistent free cash flows came up in the Value Investing News Forum last week. A member was scanning the S&P 500 one company at a time looking for companies that are consistent free cash flow generators. I thought there might be a better way to scan far more companies to identify the ones that are consistently growing their free cash flows from year to year. As you might have noticed, I like to use linear regression to examine historical free cash flows. As part of doing thes...	February 08, 2008
Pre-Market Analyst Calls (May 4, 2007)	BIIB cut to Sector Perform at RBC.BLT cut to Neutral at Baird.BLKB raised to Hold at Citigroup.BONT started as Buy at B of A.CBL cut to Hold at AGEdwards.CECO raised to Neutral at Sun Trust Robinson Humphrey.CYN started as Hold at AGEdwards.DRI raised to Buy at KeyBanc/McDonald.EDO raised to Outperform at Credit Suisse.EL raised to Outperform at Credit Suisse.FNSR cut to Neutral at Merriman Curhan Ford.GFI cut to Neutral at HSBC.GRP cut to Neutral at UBS.JBHT cut to Mkt Perform at Wachovia.KNOL ...	May 04, 2007
Earlybird Analyst Calls (APR 2, 2007)	AGU cut to Sector Perform at CIBC.AMKR raised to Overweight at JPMorganASR raised to Buy at UBS.ATO cut to Neutral at JPMorgan.AVT cut to Mkt Weight at Thomas Weisel.BLKB cut to Hold at Jefferies.BRKR cut to Underperform at Bear Stearns.CEPH raised to Buy at Jefferies.CPO cut to Hold at Deutsche Bank.DBRN started as Sector Perform at CIBC.DE cut to Hold at Stifel Nicolaus.FDX cut to Hold at Citigroup.HMIN started as Sector Perform at CIBC.IPS cut to Neutral at B of A.JEF cut to Neutral at Goldma...	April 02, 2007

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