Total Cost For Libya Estimated at $500M or About $4M Per Day
Send Your War IOU to Congress (video)
[youtube:http://www.youtube.com/watch?v=kiy9wjHbQG0 450 300]
Comments »Analysts Expect Gas Prices to Hurt Chain Store Sales
John Chambers to Employees: flaws in “operational execution” and a loss of accountability
EPA to Raise Legal Radiation Limits
Ron Paul: The Fed Undermined Foreign Policy
Did Saudi Troops Start a Holy War in Bahrain ?
Unusual Mid Day Stock Moves
In The Black
NSM +71.36%, ISIL +10.23%, QTM +8.84%, CIEN +8.59%, MCRL +8.06%, MPWR+7.85%, SMTC +7.72%, VHC +5.8%,ANF +8.43%, SWSH +8.32%, ANW +6.17%, EXK +6.58%, ANV+5.84%, DMND +6.86%,AIB +16.09%,ISPH +24.62%, QCOR +22.65%, CBST +14.81%, NBIX +11.07%, VRUS +10.55%
In The Red
LEDS -17.08%, MERU -16.91%, CREE -3.61%, ARBA -3.22%, ARUN -6.32%, CALX -3.42%, TGP -4.69%, HERO -6.03%, CIE -3.72%, CRR -3.67%, AVL -3.58%,HMC -3.35%), LXU -3.16%, PSEC -3.87%, WMGI -10.8%), CTIC -4.76%), INHX-4%, SRZ -3.38%, WPRT -4.55%, KBH -3.11%
Comments »Gold Reaches For The Sky
Full story
Getting Fleeced by Fear, Speculation, & Scarcity
Electric Cars To Boost Coal Usage
BP Buys Into India’s Oil & Gas Industry
Credit Bubble To End in Debt Deflation
ISM Services: Prior 59.7, Market Expects 59.5, Actual 57.3
Capital Requirement Not Going to do Anything
Coal Prices Could Rally on Negative Nuclear Sentiment
KB Homes Loss Widens
Flash: Walgreens March Store Sales Up 3%
Walgreens reports March sales in comparable stores increased 3.0% () 40.83 : Co reports March sales of $6.28 bln, an increase of 7.6% from $5.83 bln for the same month in 2010. Duane Reade stores, acquired in April 2010, contributed 2.8% points to the total sales increase for the month. Calendar year-to-date sales were $17.98 bln, an increase of 9.1% from $16.48 bln in 2010.
Comments »Upgrades, Downgrades, and On The Wires This Morning
Upgrades
NFLX -Netflix tgt raised to $280 from $240 at Piper Jaffray
AMRS – Amyris upgraded to Outperform from Market Perform at Raymond James
HOG – Harley-Davidson: Effects of tsunami could lead to market share gains for H-D – Wedbush
TXN – Texas Instruments upgraded to Outperform at Pacific Crest
NSTC – Ness Tech: Takeout rumors resurface; stock up on speculation and improving fundamentals – BGB Securities
PNR – Pentair upgraded to Outperform at Wedbush; tgt raised to $47
CBST – Cubist Pharma upgraded to Outperform at Wedbush; tgt raised to $32
OLN – Olin also trading modestly higher with move attributed to tier 1 firm upgrade
MCP – Molycorp: A Small acquisition that should produce large returns – Dahlman Rose
CME – CME Group: March ADV trends continue y/y improvement; estimates raised – Stifel Nicolaus
CSTR – Coinstar upgraded to Outperform from Market Perform at Northland Securities; tgt $56 saying redbox 1Q performance is tracking ahead of numbers
ZION – Zions Bancorp upgraded to Buy from Neutral at Suntrust
FWRD – Forward Air upgraded to Buy from Neutral at Suntrust
COF – Capital One ests and target raised to $64 at Stifel Nicolaus
GEOY – GeoEye initiated with Outperform at Raymond James
JPM – JPMorgan Chase and Wells Fargo (WFC) initiated with Outperforms at Macquarie
BP – BP target ests and raised to $70 at The Benchmark Company
HCA – HCA initiated with a Buy at UBS; tgt $40
C – Citigroup upgraded to Outperform from Market Perform at Bernstein
CTRP – Ctrip.com upgraded to Positive from Neutral at Susquehanna
Downgrades
AXP – American Express: Less credit leverage with more interchange risk – Stifel
CREE – Hearing downgraded at tier 1 firm
MAR – Marriott downgraded to Hold at Argus
CLR, WLL, GEOI – Global Hunter downgrades all
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