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occulogix posts

Closing Bell: A Jobs and Trade Deficit Victory (AIG, C, TEAR, SNV, CLNE)

Posted Mar 11th 2010 4:20PM by Jon Ogg (RSS feed)
Filed under: Citigroup Inc. (C), Amer Intl Group (AIG)

A final hour of a rally put the market back in positive territory. But overall this was yet another day where the real close was not clear until the final minutes. The trade deficit was a non-event and the weekly jobless claims were a very slight improvement by 6,000 to 462,000 for the week. Even Senator Dodd going alone on a financial reform bill didn't hurt the markets.

Here were today's unofficial closing bell levels:

Dow 10,611.84 +44.51 (0.42%)
S&P 500 1,150.23 +4.62 (0.40%)
Nasdaq 2,368.46 +9.51 (0.40%)

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Continue reading Closing Bell: A Jobs and Trade Deficit Victory (AIG, C, TEAR, SNV, CLNE)

Analyst upgrades: PCOP, ZUMZ, NSC and OCCX

Posted Oct 11th 2007 11:00AM by Eric Buscemi (RSS feed)
Filed under: Analyst Reports, Analyst Upgrades and Downgrades, Norfolk Southern Corp. (NSC)

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:

BRE Properties (NYSE: BRE) was upgraded to Outperform from Neutral at Credit Suisse.
Bear Stearns raised Capital Product Partners (NASDAQ: CPLP) to Outperform from Peer Perform.
JP Morgan upgraded Celestica (NYSE: CLS) to Neutral from Underweight.
Stifel upgraded SL Green Realty (NYSE: SLG) to Buy from Hold.