WWW - Posts tagged Sunrise at BloggingStocks

Sunrise posts

Closing Bell: Dow up 420 points thanks to the Fed, brokers back in action

Posted Mar 18th 2008 5:31PM by Jon Ogg (RSS feed)
Filed under: Microsoft (MSFT), MasterCard Inc'A' (MA), Goldman Sachs Group (GS), ,

You can call on numerous issues for today's big market rally. Goldman Sachs Group, Inc. (NYSE: GS) led the brokerage firms higher after beating earnings expectations, and that may have been equally as important to traders as today's three-quarters of the way interest rate cut when it took Fed Funds down to 2.25%. Many traders were looking for a full 1% rate cut on the Fed Funds and Discount Rate. The Fed even delivered a cut after seeing a strong PPI number that was much more realistic than the CPI number of last week.

DJIA 12,392.66 (+420.41; +3.51%)
S&P500 1,330.74 (+54.14; +4.24%)
NASDAQ 2,268.26 (+91.25; +4.19%)
10YR-TBond 3.451% (+0.137%)

The list of 52-week lows is far smaller on a giant rally like this, but as usual there are always some feature stocks that can't manage to rally. There were some others noted this morning that just failed to participate, mostly from analyst downgrades.

Continue reading Closing Bell: Dow up 420 points thanks to the Fed, brokers back in action

Analyst downgrades: AZN, CNTY, DBD and DHI

Posted Aug 13th 2007 11:28AM by Kevin Shult (RSS feed)
Filed under: Before the Bell, Analyst Reports, Analyst Upgrades and Downgrades, Bad News, D.R.Horton (DHI), Stocks to Sell

MOST NOTEWORTHY: Sonic Automotive (SAH), Hawaiian Electric (HE), AstraZeneca (AZN), AMB Property (AMB) and ProLogis (PLD) were today's noteworthy downgrades:

Goldman downgraded Sonic Automotive (NYSE: SAH) to Neutral from Buy on valuation.

Hawaiian Electric (NYSE: HE) was cut to Underweight from Equal Weight at Lehman based on valuation and the regulatory environment.

AstraZeneca (NYSE: AZN) was downgraded to Equal Weight from Overweight at MorganStanley based on the reduced buyback, the $1.6B restructuring charge and potential for Nexium generics in Europe.

Citigroup cut AMB Property (NYSE: AMB) and ProLogis (NYSE: PLD) to Sell from Hold citing the tight capital markets and the impact on costs for the downgrades...

OTHER DOWNGRADES: