mcmoran posts
FeedPosted 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
Top Stock & Market RumorsContinue reading Closing Bell: Kicking Off Earnings Season, With a Thud (AA, MMR, EXXI, AOL, PEIX, CYCC, MNKD)
Posted Aug 6th 2007 10:30AM by Kevin Shult (RSS feed)
Filed under: Nokia Corp. (NOK), Coventry Health Care (CVH), Merck and Co (MRK), Electronic Arts (ERTS)
MOST NOTEWORTHY: Merck (MRK), McMoRan Exploration (MMR), TheStreet.com (TSCM), Goodrich Petroleum (GDP) and Coventry Health (CVH) were today's noteworthy upgrades:
- Cowen is optimistic on Merck's (NYSE: MRK) business momentum, key products, and pipeline, and upgraded the pharmaceutical giant to Outperform from Neutral.
- JP Morgan believes the recent discoveries have created a lower risk profile for McMoRan Exploration (NYSE: MMR), upgrading shares to Overweight from Neutral.
- Needham upgraded shares of TheStreet.com (NASDAQ: TSCM) to Strong Buy from Buy on the Corsis acquisition as they believe the deal strengthens the company's advertising business.
- Jefferies upgraded shares of Goodrich Petroleum (NYSE: GDP) to Buy from Underperform as they believe success at the James Lime development program will grow production and cash flow.
- Banc of America upgraded Coventry Health (NYSE: CVH) to Neutral from Sell as they believe the company's three recent acquisitions will accelerate growth beginning next year...
OTHER UPGRADES:
- WestLB upgraded Nokia (NYSE: NOK) to Buy from Add.
- Buckingham upgraded DirecTV (NYSE: DTV) to Neutral from Underperform.
Analyst summaries provided by TheFlyOnTheWall.com (subscription required).Posted Jun 15th 2007 11:10AM by Kevin Shult (RSS feed)
Filed under: Before the Bell, Analyst Upgrades and Downgrades, Bad News, Contl Airlines'B' (CAL), Freep't McMoRan Copper (FCX),
Continental Airlines, Inc (CAL), Molson Coors Brewing Co (TAP), Watsco, Inc (WSO), K-V Pharmaceutical Co (KV.A), Progressive Corp (PGR) and Color Kinetics (CLRK) were today's noteworthy downgrades:
- Goldman downgraded shares of Continental Airlines, Inc (NYSE: CAL) to Neutral from Buy on valuation, higher oil prices and a weak domestic market.
- Goldman also downgraded Molson Coors Brewing Co (NYSE: TAP) to Neutral from Buy based on the increase in analyst estimates, valuation and the potential for margin pressure in the summer.
- BB&T cut Watsco, Inc (NYSE: WSO) to Hold from Buy based on valuation and catalysts that are already reflected in the share price.
- Roth Capital downgraded shares of K-V Pharmaceutical Co (NYSE: KV.A) to Hold from Buy, telling clients they have learned that Par Pharmaceuticals Cos (PRX) has launched generics of 50, 100 and 200mg Toprol-XL. The firm expects a material impact to KV's 100 and 200mg strength generics.
- Stifel expects investor enthusiasm regarding Progressive's Corp (NYSE: PGR) recapitalization plan to fade as underwriting fundamentals deteriorate and cut shares to Sell from Hold.
OTHER DOWNGRADES:
Analyst summaries provided by TheFlyOnTheWall.com (subscription required).
Bonds Are a 'Safe' Investment: A Big Lie Gets Even Bigger
Walmart's New Health Food Push: Is It Too Hard to Swallow?
Goldman Earnings Sink After Buffett Dividend
Johnson & Johnson's Income Falls 23%
Burberry Shares Leap on Sales Update
