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Closing Bell: Kicking Off Earnings Season, With a Thud (AA, MMR, EXXI, AOL, PEIX, CYCC, MNKD)

Posted Jan 11th 2010 4:00PM by Jon Ogg (RSS feed)
Filed under: Alcoa Inc (AA), AOL (AOL)

Today is supposed the first day of earnings season, yet few of the major stocks were big movers. The markets were strong at the start and in pre-market trading, yet the gains were challenged throughout the trading day. Here were today's unofficial closing bell levels:

Dow 10,664.52 +46.33 (0.44%)
S&P 500 1,147.01 +2.03 (0.18%)
Nasdaq 2,312.41 -4.76 (-0.21%)

Top Analyst Upgrades & Downgrades
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Continue reading Closing Bell: Kicking Off Earnings Season, With a Thud (AA, MMR, EXXI, AOL, PEIX, CYCC, MNKD)

Analyst initiations 4-23-07: AET, ALU and UNH initiated today

Posted Apr 23rd 2007 11:13AM by Kevin Shult (RSS feed)
Filed under: Before the Bell, Aetna Inc (AET), Alcatel-LucentADS (ALU), Analyst Initiations

MOST NOTEWORTHY: UnitedHealth Group Inc (UNH), Aetna Inc (AET), Hercules Inc (HPC) and Alcatel-Lucent (ALU), were today's noteworthy initiations:

Jefferies started UnitedHealth Group inc NYSE: UNH) with a Hold rating and $48 target and said near-term risk is still present due to unfavorable reserve adjustments to the company's commercial risk business and high expectations for improvement in the company's commercial medical care ratio.

Aetna Inc (NYSE: AET) was also initiated by Jefferies with a Hold rating based on valuation.

Credit Suisse started Hercules Inc (NYSE: HPC) with an Outperform rating and $24 target.

Matrix USA initiated Alcatel-Lucent (NYSE: ALU) with a Hold rating on valuation...

OTHER INITIATIONS:

Cowen is positive on MIPS Technologies, Inc (NASDAQ: MIPS), starting the company with an Outperform rating, and expects a deal with Microchip Technology Inc (MCHP) to be announced soon.