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Road Warrior: 'On the Road Again, Just Can't Wait to Get on the Road Again'

As I sit in the Istanbul Airport watching the snow fall outside, I'm reminded of the song by the great Willie Nelson. Some of the best memories of my childhood include singing that song with my father, as we traveled on holiday from campsite to campsite. Today, those words have a much different meaning.

I just drained the last few electrons of my BlackBerry's battery, as I told my family the bad news. My flight has been canceled, and it will be another day before I get home, and another weekend lost in the air.

Continue reading Road Warrior: 'On the Road Again, Just Can't Wait to Get on the Road Again'

Analyst upgrades, downgrades and initiations: AZN, AZO, BBBY, CAH, CPN, LLL, LTD ...

Analyst upgrades:

  • FBR Capital upgraded AutoZone (NYSE: AZO) to Market Perform from Underperform on valuation following the company's Q4 results but lowered its target on shares to $134 from $137.
  • Citigroup upgraded Calpine (NYSE: CPN) to Buy from Hold on valuation following Wednesday's sell-off. The firm believes Harbinger's share sale reflects an issue with the shareholders, not with the company, and raised its price target on the stock to $16.50 from $13.
  • Credit Suisse upgraded Knight Transportation (NYSE: KNX) to Neutral from Underperform and raised its target to $17 from $16 based on valuation and the improved freight environment.
  • Citrix Systems (NASDAQ: CTXS) was upgraded to Conviction Buy from Buy at Goldman.
  • Webster Financial (NYSE: WBS) was upgraded to Outperform from Sector Perform at RBC Capital.
  • Dr. Reddy's Labs (NYSE: RDY) was upgraded to Overweight from Equal Weight at Morgan Stanley.

Continue reading Analyst upgrades, downgrades and initiations: AZN, AZO, BBBY, CAH, CPN, LLL, LTD ...

Newspaper wrap-up: Lufthansa could take stake in Continental, United combination

MAJOR PAPERS:
OTHER PAPERS:
WEB SITES:

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

Last updated: February 11, 2012: 02:08 AM

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