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CAGC posts

Closing Bell: A Double From Lows (CAGC, CMCSA, DELL, DSCO, FDO, GENZ, SNY)

Posted Feb 16th 2011 4:20PM by Jon Ogg (RSS feed)
Filed under: Dell (DELL), Comcast Cl'A' (CMCSA), Family Dollar Stores (FDO), Genzyme (GENZ)

The FOMC Minutes offered a slight economic upgrade today. A large draw in oil inventories and word that Iran was sending two warships through the Suez canal to go to the Mediterranean spooked investors for a bit. The S&P is now up 100% from the lows of March 2009.

Here were today's unofficial closing bell levels:

Dow Jones 12,288.17 +61.53 (0.50%)
S&P 500 1,336.32 +8.31 (0.63%)
Nasdaq 2,825.56 +21.21 (0.76%)

Continue reading Closing Bell: A Double From Lows (CAGC, CMCSA, DELL, DSCO, FDO, GENZ, SNY)

Analyst Calls: AAPL, BCSI, CIT, MEE, POT, RIMM, SAN, SKS, TOO ...

Posted Sep 1st 2010 11:40AM by Eric Buscemi (RSS feed)
Filed under: Analyst Reports, Analyst Upgrades and Downgrades, CIT Group (CIT), Analyst Initiations, Potash Corp. of Saskatchewan (POT), AOL (AOL)

Analyst Upgrades

HSBC upgraded Massey Energy (MEE) to overweight from neutral based on improved 2011 pricing power given industry supply-side discipline. Despite the upgrade, the firm cuts its price target to $40 from $54.
Needham upgraded Blue Coat Systems (BCSI) to buy from hold following yesterday's announcement that Michael J. Borman has been named the new CEO. The firm has a $27 price target on the stock.
Citigroup upgraded Teekay Offshore Partners (TOO) to buy from hold after the company announced shuttle tanker contracts to reflect improved operating performance. The firm raised its target for shares to $26 from $15.
Prosperity Bancshares (PRSP) was upgraded to equal weight from underweight at Morgan Stanley.
Ceradyne (CRDN) was upgraded to buy from hold at Benchmark Co.
CTC Media (CTCM) was upgraded to buy from hold at Deutsche Bank.