BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/http://www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[Closing Bell: Stocks survive despite weak confidence and record oil]]>http://www.bloggingstocks.com/2008/05/16/closing-bell-stocks-survive-despite-weak-confidence-and-record/http://www.bloggingstocks.com/2008/05/16/closing-bell-stocks-survive-despite-weak-confidence-and-record/http://www.bloggingstocks.com/2008/05/16/closing-bell-stocks-survive-despite-weak-confidence-and-record/#commentsFiled under:

Today was an odd day, and despite the mixed index levels it should be considered a win. Oil rose sharply and was over $127.00 at one point after the Saudi's said that demand didn't justify increasing production in oil; Goldman Sachs put oil's average target for the second half of 2008 above $140/barrel. To top it off, the controversial University of Michigan consumer confidence level came in at the lowest reading since 1980. Even housing saw strange information as the rise in building permits and housing starts came out much higher than expected: so much for house prices stabilizing.

DJIA 12,983.13 (-9.53; -0.07%)
S&P500 1,425.06 (+1.49; +0.10%)
NASDAQ 2,528.79 (-4.94; -0.19%)
10 Yr Bond 3.850% (+0.007%)
52-week lows
TOP 10 ANALYST CALLS

Ascent Solar Technologies, Inc. (NASDAQ: ASTI) saw a drop-off after it priced a 3.8 million share secondary offering at $14.00, well under yesterday's close. In the final minutes, shares were down 6% at $14.93.

Continue reading Closing Bell: Stocks survive despite weak confidence and record oil

Closing Bell: Stocks survive despite weak confidence and record oil originally appeared on BloggingStocks on Fri, 16 May 2008 16:09:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>ASTIFNSRHRSLVLTPCOPFri, 16 May 2008 16:09:00 EST<![CDATA[Analyst upgrades: PCOP, ZUMZ, NSC and OCCX]]>http://www.bloggingstocks.com/2007/10/11/analyst-upgrades-pcop-zumz-nsc-and-occx/http://www.bloggingstocks.com/2007/10/11/analyst-upgrades-pcop-zumz-nsc-and-occx/http://www.bloggingstocks.com/2007/10/11/analyst-upgrades-pcop-zumz-nsc-and-occx/#commentsFiled under: , ,

MOST NOTEWORTHY: Pharmacopeia, Zumiez, Norfolk Southern and OccuLogix were today's noteworthy upgrades:
  • CIBC upgraded Pharmacopeia (NASDAQ: PCOP) to Sector Outperformer from Sector Performer, as they believe its lead cardiovascular drug DARA has the potential to become an important new therapy for hypertension and diabetic nephropathy.
  • Think Equity upgraded shares of Zumiez (NASDAQ: ZUMZ) to Buy from Accumulate to reflect the company's strong same store sales growth.
  • Norfolk Southern Corporation (NYSE: NSC) was upgraded to Equal Weight from Underweight at Lehman Brothers on valuation.
  • Caris upgraded shares of OccuLogix (NASDAQ: OCCX) to Above Average from Average, as they believe weakness in the stock creates a buying opportunity. The firm believes the stock has dropped due to concerns about the company's cash position, but thinks the current stock price underestimates the revenue potential of the company's assets.
OTHER UPGRADES:

Analyst upgrades: PCOP, ZUMZ, NSC and OCCX originally appeared on BloggingStocks on Thu, 11 Oct 2007 11:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>analystbrebre propertiesBrePropertiescapital product partnersCapitalProductPartnerscelesticaclscplpnorfolk southernNorfolkSouthernnscocculogixoccxpcoppharmacopeiasl green realtyslgSlGreenRealtyupgradezumiezzumzThu, 11 Oct 2007 11:00:00 EST