CPTS posts

Feed

Closing Bell: Four-Day Rally, Time a Fifth (ACE, AIG, NANO, RIMM, SCSC, CPTS)

Alan Greenspan called for a pause in the return to growth, but wholesale trade and some international stability helped stop things from getting too far out of line. We had three days of rallies and the action at the end of the day made this a fourth straight day of rallying. In fact, buying interest led to closing right near the highs of the trading day.

Here were today's closing bell levels:

DJIA
S&P500
NASDAQ

Top Analyst Calls

Continue reading Closing Bell: Four-Day Rally, Time a Fifth (ACE, AIG, NANO, RIMM, SCSC, CPTS)

Analyst upgrades, downgrades and initiations: GOOG, AA, FCX, SJM, TWC ...

Analyst upgrades:
  • Merriman upgraded shares of Google (NASDAQ: GOOG) to Buy from Neutral after its channel checks indicated a modest increase in ad spend per client in March. The upgrade is based on early indications that search pricing and ad spend are stabilizing, search volume continuing to grow at a double-digit rate, and Merriman's belief that consensus estimates are now at reasonable levels.
  • Deutsche Bank upgraded shares of Alcoa (NYSE: AA) to Hold from Sell and raised its price target to $8 from $7.30 following the company's asset sales in March as it believes the financial overhang on the stock has been removed.
  • Suntrust said Providence Service (NASDAQ: PRSC) has returned to profitability through demand stabilization for social services and cost controls. Shares were upgraded to Buy from Neutral.
  • Telmex (NYSE: TMX) was upgraded to Neutral from Undeperform at Credit Suisse.
  • Deutsche Telekom (NYSE: DT) was raised to Market Perform from Underperform at Bernstein.
  • Autodesk (NASDAQ: ADSK) was lifted to Neutral from Sell at UBS.

Continue reading Analyst upgrades, downgrades and initiations: GOOG, AA, FCX, SJM, TWC ...

Pre-market movers (BIDU) (AMZN)

Baidu (NASDAQ:BIDU) is up 12% on strong earnings.

Amazon (NASDAQ:AMZN) is up over 6% after reporting a good quarter.

LSI Logic (NYSE:LSI) is up 10% on improved results.

Conceptus (NASDAQ:CPTS) is down almost 20% after missing Wall Street forecasts.

Stocks may trade differently in the pre-market than they do in the regular session.

Douglas A. McIntyre is an editor at 247wallst.com

Symbol Lookup
IndexesChangePrice
DJIA-89.2312,801.23
NASDAQ-23.352,903.88
S&P 500-9.311,342.64

Last updated: February 10, 2012: 10:22 PM

Hot Stocks

General Electric

18.875-0.255(-1.33)

Alcoa

10.29-0.35(-3.29)

Apple Inc

493.42+0.25(+0.05)

Google Inc 'A'

605.91-5.55(-0.91)

Bank of America

8.07-0.11(-1.34)

Wal-Mart Stores

61.90-0.06(-0.10)

Exxon Mobil Corp

83.80-1.08(-1.27)

Ford

12.44-0.25(-1.97)

Citigroup

32.925-0.735(-2.18)

IBM

192.42-0.71(-0.37)

Yahoo

16.14+0.14(+0.88)

Starbucks

48.82-0.38(-0.77)

Microsoft

30.495-0.275(-0.89)

Home Depot

45.33+0.06(+0.13)

DailyFinance Headlines

AOL Business News

BioHealth Investor Headlines

Sponsored Links

My Portfolios

Track your stocks here!

Find out why more people track their portfolios on AOL Money & Finance then anywhere else.

BloggingStocks Partners

More from AOL Money & Finance

Page Loaded in 1328930555068 ms.