Continue reading Closing Bell: Europe Still a Drag on the Market (C, ALU, MSFT, GENZ, AIG, IRE, NBG, BPOP)

Closing Bell: Europe Still a Drag on the Market (C, ALU, MSFT, GENZ, AIG, IRE, NBG, BPOP) originally appeared on BloggingStocks on Mon, 24 May 2010 16:00:00 EST. Please see our terms for use of feeds.

MOST NOTEWORTHY:

• Genitope Corp (NASDAQ: GTOP) was downgraded to Underperform from Sector Perform at RBC Capital following MyVax's failure to meet its Phase III trial endpoint.
  
• Calyon downgraded shares of Discover Financial (NYSE: DFS) to Neutral from Buy citing the weak macro environment.
  
• Soleil downgraded Mine Safety Appliances (NYSE: MSA) to Hold from Buy at Soleil on valuation..

• Morgan Stanley downgraded Vale do Rio Doce (NYSE: RIO) to Equal Weight from Overweight.
  
• Keefe Bruyette downgraded Popular (NASDAQ: BPOP) to Underperform from Market Perform.
  
• Calyon downgraded Pride International (NYSE: PDE) to Neutral from Add.

Analyst downgrades: GTOP, DFS and MSA originally appeared on BloggingStocks on Fri, 21 Dec 2007 10:05:00 EST. Please see our terms for use of feeds.

MOST NOTEWORTHY:

• Kaufman initiated Popular (NASDAQ: BPOP) with a Hold rating and $13 target, citing the company's direct exposure to nearly $2B of Alt A residential mortgage loans originated by its U.S. operations and approximately $250M of exposure to another $4B of collateralized, securitized mortgage pools.

• MRU Holdings (NADSAQ: UNCL) was initiated with a Buy rating and $8.50 target at Roth Capital. Roth Capital believes MRU Holdings is on the threshold of potentially explosive growth in the fast growing segment of the education lending market, that of private loans.

• JMP Securities said CDC Corp. (NASDAQ: CHINA) , with its resources and connections in China, has excellent deal flow and has been a disciplined, value oriented buyer, and started shares with a Market Outperform and $10.50 target.

• Piper believes Oscient Pharmaceuticals (NASDAQ: OSCI) experienced management team and PCP sales force are competitive advantages and will lead to attractive partners. Piper initiated Oscient Pharmaceuticals with an Outperform rating and $5 target...

• Raymond James started SAIC (NYSE: SAI) with a Market Perform rating.

• Morgan Keegan initiated Hilltop Holdings (NYSE: HTH) with an Outperform rating.

• Dice Holdings (NYSE: DHX) was initiated with an Overweight rating and $15 target at Morgan Stanley.

• RBC Capital initiated VMware (NYSE: VMW) with a Sector Perform rating and $75 target.

Analyst initiations 8-30-07: CHINA, DHX, SAI and UNCL originally appeared on BloggingStocks on Thu, 30 Aug 2007 10:57:00 EST. Please see our terms for use of feeds.