Analyst Upgrades

• JMP Securities upgraded Hewlett-Packard (HPQ) to outperform from market perform based on valuation and checks that indicate strength in enterprise PCs, high growth geographies and light laptops. The firm has a $50 target on the stock.
• RBC Capital upgraded Rio Tinto (RTP) to outperform from sector perform, citing the company's improving growth plans and attractive risk profile.
• Goldman upgraded FormFactor (FORM) to neutral from sell, but lowered its price target to $6 from $10. The firm cites valuation for the upgrade.
• MCG Capital (MCGC) was upgraded to outperform from market perform at FBR Capital.
• CRH (CRH) was upgraded to neutral from underweight at JPMorgan.
• Melco Crown (MPEL) was upgraded to overweight from equal weight at Morgan Stanley.

Monday July 2

• CRH PLC (NYSE: CRH) to hold conference call to give a trading update statement.
• UAP Holding Corp (NASDAQ: UAPH) to report Q1 earnings; conference call at 5pm.

Tuesday July 3

• U.S. markets close at 1pm for July 4th holiday.
• Ford Motor Company (NYSE: F) to release June sales results at 1pm.
• General Motors Corporation (NYSE: GM) to release June sales results at 2pm.

Wednesday July 4

• U.S. markets closed for July 4th holiday.

Thursday July 5

• Healthways Inc (NASDAQ: HWAY) to report Q3 earnings; conference call at 5pm.

Friday July 6

• Laidlaw International (NYSE: LI) to report Q3 earnings; conference call at 10am.