Dow gave up a 100 point rally and is now lower.
Comments »Monthly Archives: December 2011
FLASH: ZYNGA COLLAPSES AFTER POP
Now flat for the session at $10, after jumping 13% on the open.
UPDATE: NOW DOWN 5% TO $9.5.
Comments »FLASH: ZYNGA OPENS FOR TRADE +13%
ZNGA opens up 13% to $11.29.
Comments »SEC Charges Former Fannie Mae Execs with Fraud
FLASH: Crack Spreads are Shooting Higher
+6.1% to $16.18
Comments »Upgrades and Downgrades This Morning
| Company | Date | Analyst | Action | From | To |
|---|---|---|---|---|---|
| BIOSANTE PHARMA (BPAX) |
12/15/2011 | Rodman & Renshaw | Downgraded | Mkt Outperform | Mkt Perform |
| MAGMA DESIGN (LAVA) |
12/15/2011 | Needham | Downgraded | Buy | Underperform |
| RENREN INC-ADR (RENN) |
12/15/2011 | Brean Murray | Initiated | Hold | |
| E-COMMRC CH-ADR (DANG) |
12/15/2011 | Brean Murray | Initiated | Hold | |
| YOUKU.COM- ADR (YOKU) |
12/15/2011 | Brean Murray | Initiated | Hold | |
| VIROPHARMA (VPHM) |
12/15/2011 | WBB Securities | Upgraded | Buy | Strong Buy |
| LAM RESEARCH (LRCX) |
12/15/2011 | Needham | Upgraded | Hold | Buy |
| NOVELLUS SYS (NVLS) |
12/15/2011 | Needham | Reiterated | Buy | |
| VIROPHARMA (VPHM) |
12/15/2011 | Oppenheimer | Reiterated | Outperform | |
| EXAMWORKS GROUP (EXAM) |
12/15/2011 | Needham | Reiterated | Buy | |
| METROPCS COMMUN (PCS) |
12/15/2011 | Mizuho | Upgraded | Neutral | Buy |
| FIRST SOLAR INC (FSLR) |
12/15/2011 | Mizuho | Reiterated | Buy | |
| LEAP WIRELESS (LEAP) |
12/15/2011 | Mizuho | Upgraded | Neutral | Buy |
| KIOR INC-A (KIOR) |
12/15/2011 | Robert W. Baird | Upgraded | Underperform | Neutral |
| FIRST SOLAR INC (FSLR) |
12/15/2011 | Robert W. Baird | Downgraded | Outperform | Neutral |
| AVNET (AVT) |
12/15/2011 | Collins Stewart | Reiterated | Neutral | |
| VEECO INSTRS-DE (VECO) |
12/15/2011 | Maxim Group | Initiated | Sell | |
| AIXTRON AG-ADR (AIXG) |
12/15/2011 | Maxim Group | Initiated | Sell | |
| CREE INC (CREE) |
12/15/2011 | Maxim Group | Initiated | Buy | |
| SWIFT ENERGY CO (SFY) |
12/15/2011 | KeyBanc Capital Mkts | Initiated | Buy | |
| FOREST OIL CORP (FST) |
12/15/2011 | KeyBanc Capital Mkts | Initiated | Hold | |
| AMAZON.COM INC (AMZN) |
12/15/2011 | Morgan Keegan | Initiated | Outperform |
| Company | Date | Analyst | Action | From | To |
|---|---|---|---|---|---|
| SKYWORKS SOLUTN (SWKS) |
12/15/2011 | Deutsche Bank | Upgraded | Hold | Buy |
| ITC HOLDINGS CP (ITC) |
12/15/2011 | Deutsche Bank | Upgraded | Hold | Buy |
| TECO ENERGY (TE) |
12/15/2011 | Deutsche Bank | Upgraded | Sell | Hold |
| JOY GLOBAL INC (JOY) |
12/15/2011 | Barclays Capital | Initiated | Overweight | |
| HOME DEPOT (HD) |
12/15/2011 | Barclays Capital | Reiterated | Overweight | |
| BROADCOM CORP-A (BRCM) |
12/15/2011 | Barclays Capital | Reiterated | Overweight | |
| OMNICOM GRP (OMC) |
12/15/2011 | Barclays Capital | Initiated | Equal Weight | |
| INTERPUBLIC GRP (IPG) |
12/15/2011 | Barclays Capital | Initiated | Overweight | |
| CINTAS CORP (CTAS) |
12/15/2011 | Barclays Capital | Upgraded | Underweight | Equal Weight |
| HOSPIRA INC (HSP) |
12/15/2011 | UBS | Initiated | Sell | |
| BORG WARNER INC (BWA) |
12/15/2011 | UBS | Downgraded | Buy | Neutral |
| ROCKWELL AUTOMT (ROK) |
12/15/2011 | MKM Partners | Initiated | Neutral | |
| ALNYLAM PHARMA (ALNY) |
12/15/2011 | JMP Securities | Initiated | Mkt Outperform | |
| NEW YORK CMNTY (NYB) |
12/15/2011 | Standpoint Research | Upgraded | Hold | Buy |
| BIOSANTE PHARMA (BPAX) |
12/15/2011 | JMP Securities | Downgraded | Mkt Outperform | Mkt Perform |
| OIL STATES INTL (OIS) |
12/15/2011 | BB&T Capital Mkts | Initiated | Buy | |
| GULF ISLAND FAB (GIFI) |
12/15/2011 | BB&T Capital Mkts | Initiated | Buy | |
| BIOSANTE PHARMA (BPAX) |
12/15/2011 | MLV & Co | Downgraded | Buy | Hold |
| DRESSER-RAND GP (DRC) |
12/15/2011 | BB&T Capital Mkts | Initiated | Hold | |
| JOY GLOBAL INC (JOY) |
12/15/2011 | RBC Capital Mkts | Reiterated | Outperform | |
| FIRST SOLAR INC (FSLR) |
12/15/2011 | RBC Capital Mkts | Reiterated | Sector Perform | |
| BROADCOM CORP-A (BRCM) |
12/15/2011 | RBC Capital Mkts | Reiterated | Sector Perform | |
| VERIFONE HLDGS (PAY) |
12/15/2011 | RBC Capital Mkts | Reiterated | Sector Perform | |
| NOVELLUS SYS (NVLS) |
12/15/2011 | RBC Capital Mkts | Downgraded | Outperform | Sector Perform |
| LUFKIN INDS (LUFK) |
12/15/2011 | Howard Weil | Downgraded | Market Outperform | Market Perform |
| CNB FINL CP PA (CCNE) |
12/15/2011 | Boenning & Scattergood | Downgraded | Outperform | Neutral |
| NCR CORP-NEW (NCR) |
12/15/2011 | Compass Point | Initiated | Neutral | |
| CARDTRONICS INC (CATM) |
12/15/2011 | Compass Point | Initiated | Buy | |
| BRINKS CO THE (BCO) |
12/15/2011 | Compass Point | Initiated | Buy | |
| ZIOPHARM ONCLGY (ZIOP) |
12/15/2011 | Global Hunter Securities | Initiated | Buy |
Gapping Up and Down This Morning
Gapping up
CCL +1.4%, CRYP +35.4%, YRCW +9.5%, ZQK +7.5%, ADBE +5.4%, SLV +2.6%, GDX +2%, GLD +1.6%, NTSP +0.7%
ATHN +3%, PFE +0.8%, HOLX +1.2%, AG +7%, TC +5.2%, RIO +4%, MT +3.5%, HL +3%, SLV +2.6%, BBL +2.6%,
GOLD +2.3%, BHP +2.2%, GLD +2.1%, ABX +2.1%, GDX +2%, SLW +1.3%, BCS +2.5%, HBC +1.9%, DB +1.7%,
C +1.4%, BAC +1.3%, AKS +2.7%, DEER +1.5% ,
Gapping down
SAP -1.5%, STEM -11.4%, FTWR -20.8% , CVC -6.8%, AFFY -3.3%, RIMM -8.8%, AFFY -5.8%, STEM -11.4%,
PGN -1.1%, SINA -5.3%, AFSI -4.9%, ACN -2.5%, ERIC -1.7%, AFSI -4.9%, FRO -3.4%,
Comments »In Play and On the Wires
CPI: Prior -0.1%, Market Expects 0.1%, Actual 0.0
Fitch Downgrades Six Major Banks
Zynga Prices 100 Million Share @ $10
Research in Motion Gets Multiple Analyst Downgrades After Earnings Report
RIMM beat last night, but guided lower and sighted product building on the shelf. As a result analysts have taken them to the woodshed.
Comments »Investors Relax on the Safety Trade; Dollar and Yen Fall Against Most Major Currencies
Credit Agricole To Post a Massive Loss and Pink Slip 2,350 Employees
Mario Monti Wins His Confidence Vote on a 30 Billion Euro Austerity Package
India Leaves Rates Unchanged
Speculation of ECB Purchases Take Down Yields of Spanish and Italian Bonds
Global Markets Trade Mixed While U.S. Futures Reach for 1% Gains
Alert: Spanish Yields are Cratering
Down 6% to 5.1%
Comments »Flash: Futures are Fucking Ripping Higher
+9
Comments »
