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JP Morgan downgraded Jabil Circuit (NYSE: JBL) from "overweight" to "underweight," according to Briefing.com. The news service also writes that Moody's will not change its ratings on JP Morgan (NYSE: JPM) after its buy-out of Bear Stearns (NYSE: BSC).

Journal Communications (NYSE: JRN) has been started as "outperform" at Bear Stearns, according to 24/7 Wall St. The financial website also reports that Waters (NYSE: WAT) was raised to "overweight" from "neutral" at JPMorgan.

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IndexesChangePrice
DJIA+4.768,183.17
NASDAQ+5.381,752.55
S&P 500+3.12882.68

Last updated: July 10, 2009: 07:50 AM

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