iBankCoin
Home / Market Update (page 143)

Market Update

This Morning’s Most Active Option Trades

-CALLS- 
OPTION    EXP.DATE       STRIKE PRC.     VOLUME        LAST S/PRC.    NET CHANGE 
SFI        7/21/12           6.0000        2022            1.1000      up 0.0500 
AMZN       12/9/11         210.0000        1678            0.5500      up 0.0500 
MUR        4/21/12          60.0000        1455            3.7000      up 0.4000 
BAC        12/17/11          6.0000        1398            0.2200      up 0.0600 
C          12/17/11         30.0000        1302            1.3200      up 0.6800 
F          12/17/11         12.0000        1170            0.0500      up 0.0100 
AA         1/21/12          10.0000        1165            0.7000      dn 0.0100 
MRO        12/17/11         29.0000        1014            0.5800      up 0.2200 
MRO        12/17/11         28.0000        1012            1.1300      up 0.3800 
JPM        12/17/11         34.0000         975            1.2700      up 0.7000 

 -PUTS- 
OPTION    EXP.DATE       STRIKE PRC.     VOLUME        LAST S/PRC.    NET CHANGE 
GE         1/21/12          15.0000        1967            0.3000      dn 0.1000 
CAT        1/21/12          90.0000        1238            2.6200      dn 0.2800 
XLNX       12/17/11         29.0000        1178            0.1000      dn 0.0300 
XLNX       12/17/11         30.0000        1178            0.1600      dn 0.0100 
MRK        7/21/12          33.0000        1023            2.0100      dn 0.1600 
MO         1/21/12          24.0000         995            0.1400      dn 0.0200 
C          12/17/11         30.0000         990            1.3300      dn 1.1500 
LULU       12/17/11         50.0000         957            1.6000      dn 0.4000 
RFMD       1/19/13           5.0000         947            0.7500      up 0.0000 
BAC        12/17/11          6.0000         907            0.3500      dn 0.1500 

 -VOLUME- 
 CALLS      PUTS           TOTAL 
218643    257226        475869
-CALLS- 
OPTION    EXP.DATE       STRIKE PRC.     VOLUME        LAST S/PRC.    NET CHANGE 
MS         1/21/12          24.0000         350            0.0500      up 0.0100 
BAC        12/17/11          7.0000         343            0.0300      up 0.0000 
BAC        12/17/11          6.0000         330            0.2200      up 0.0700 
BAC        12/9/11           6.0000         264            0.1400      up 0.0200 
AGO        12/17/11         12.0000         257            0.7000      up 0.4400 
GLD        12/17/11        185.0000         161            0.1400      up 0.0100 
BIDU       12/9/11         140.0000         153            1.0000      dn 0.1600 
BAC        1/21/12           6.0000         132            0.4900      up 0.0700 
DIA        12/30/11        121.0000         126            2.8400      up 0.4900 
BAC        1/21/12           7.5000         123            0.1100      up 0.0100 

 -PUTS- 
OPTION    EXP.DATE       STRIKE PRC.     VOLUME        LAST S/PRC.    NET CHANGE 
AAPL       12/9/11         380.0000         515            0.9300      dn 1.0200 
GRPN       4/21/12          10.0000         500            1.2500      up 0.0500 
RIMM       12/17/11         16.0000         172            0.8900      up 0.1000 
TLT        1/21/12         110.0000         141            0.9800      up 0.0900 
TLT        1/21/12         109.0000         141            0.8200      up 0.0900 
BAC        1/21/12           5.0000         115            0.2500      dn 0.0500 
GE         12/9/11          16.0000          90            0.0800      dn 0.1200 
BAC        12/17/11          5.0000          90            0.0700      dn 0.0200 
GLW        12/17/11         13.0000          85            0.2900      dn 0.0100 
MS         12/17/11         12.0000          73            0.0500      dn 0.0500 

 -VOLUME- 
 CALLS      PUTS           TOTAL 
14901    16078        30979

Comments »

Today’s Early Winners

min mkt cap: 250 mill

No. Ticker % Change Market Cap
1 SFSF 51.22 2,190,000,000
2 TLEO 18.17 1,340,000,000
3 KNXA 13.94 664,540,000
4 CSOD 13.05 787,120,000
5 IL 11.75 280,540,000
6 CNQR 11.37 2,410,000,000
7 LYG 10.53 25,970,000,000
8 GCI 9.57 2,680,000,000
9 ULTI 9.51 1,720,000,000
10 GMO 9.26 295,980,000
11 AGO 9.16 1,700,000,000
12 ARBA 9.12 2,720,000,000
13 DNN 8.39 507,750,000
14 THC 8.37 2,030,000,000
15 QLIK 8.20 2,360,000,000
16 IMAX 7.94 1,270,000,000
17 NUVA 7.48 580,860,000
18 AWC 7.35 3,230,000,000
19 ITC 7.31 3,770,000,000
20 FTNT 7.30 3,560,000,000
21 RDN 6.70 313,020,000
22 ING 6.66 28,830,000,000
23 TAT 6.57 457,160,000
24 DOLE 6.35 741,960,000
25 HWD 6.32 942,900,000
26 NAT 6.19 562,370,000
27 C 6.14 73,790,000,000
28 SFL 6.05 788,880,000
29 OPEN 5.97 860,740,000
30 VDSI 5.84 300,690,000
31 HMA 5.76 2,060,000,000
32 KND 5.65 655,160,000
33 CRM 5.63 15,020,000,000
34 RVBD 5.60 4,100,000,000
35 CARB 5.57 289,760,000
36 NBR 5.54 5,090,000,000
37 PDC 5.49 652,880,000
38 APO 5.46 1,490,000,000
39 XRA 5.36 283,710,000
40 END 5.35 264,390,000
41 IVN 5.35 15,720,000,000
42 TXI 5.25 770,040,000
43 CGV 5.21 3,200,000,000
44 FTK 5.20 444,560,000
45 MS 5.15 27,970,000,000
46 GOL 5.14 2,140,000,000
47 MGA 5.05 8,330,000,000
48 CTCT 5.04 624,840,000
49 JRCC 5.04 285,580,000
50 STD 5.02 66,350,000,000

Comments »

Upgrades and Downgrades This Morning

Upgrades

TTWO – Take-Two upgrade to Outperform at Pacific Crest

TIVO – TiVo initiated with a Buy at UBS

SAP – SAP AG upgrade to Outperform at Pacific Crest

AGO – Assured Guaranty initiated with a Buy at BTIG Research

BWP – Boardwalk Pipeline upgraded to Outperform at Morgan Keegan

AEO – American Eagle upgraded to Outperform from Market Perform at BMO Capital

NBR – Nabors Industries upgraded to Outperform from Market Perform at BMO Capital

MSM – MSC Industrial initiated with a Buy at UBS

RIG – Transocean upgraded to Outperform from Market Perform at BMO Capital

TWC – Time Warner upgraded at Stifel

AEO – American Eagle upgraded to Equal Weight from Underweight at Morgan Stanley

WSH – Willis Group upgraded to Buy from Neutral at Citigroup

CMCSA – Cable and Comcast upgraded at Stifel

LNKD – LinkedIn upgraded to Equal Weight from Underweight at Evercore

RY – Royal Bank of Canada upgraded to Buy from Hold at Canaccord Genuity

GCI – Gannett upgraded to Buy from Neutral at Lazard

OMER – Omeros upgraded to Mkt Outperform at Rodman & Renshaw

IGT – Intl Game Tech upgraded to Buy at boutique firm

EXR – Extra Space Storage upgraded to Neutral from Sell at UBS

TEL – TE Connectivity upgraded to Buy from Neutral at Goldman

BPZ – BPZ Energy upgraded to Buy from Neutral at Suntrust

UHS – Universal Health upgraded to Positive from Neutral at Susquehanna

PPO – Polypore Intl upgraded to Buy from Hold at BB&T

MSCC – Microsemi initiated with a Neutral at Goldman

HOLX – Hologic resumed with a Buy at Needham

TWC – Time Warner Cable upgraded to Outperform from Market Perform at Wells Fargo

DHI – DR Horton upgraded to Overweight from Equal Weight at Barclays

ACTV – Active Network initiated with a Buy at UBS

SNDK – SanDisk initiated with a Buy at Nomura

WIRE – Encore Wire initiated with a Accumulate at Global Hunter Securities

CLF – Cliffs Natural Resources initiated with a Buy at Goldman

MPWR – Monolithic Power upgraded to Overweight from Equal Weight at Evercore

DOLE – Dole Food upgraded to Outperform from Market Perform at Wells Fargo

CIE – Cobalt International Energy initiated with a Buy at Deutsche Bank

HMA – Health Management upgraded to Outperform from Market Perform at Leerink Swan

TSRX – Trius Therapeutics initiated with a Outperform at Oppenheimer

CCIX – Coleman Cable initiated with a Accumulate at Global Hunter Securities

 

Downgrades

BNS – Scotiabank downgraded to Hold from Buy at Canaccord Genuity

DWA – Dreamworks Animation downgraded to Neutral from Overweight at Piper Jaffray

INCY – Incyte downgraded to Neutral from Buy at Citigroup

RAX – Rackspace initiated with a Neutral at Collins Stewart

AA  – Alcoa downgraded to Neutral from Buy at Goldman

MOLX – Molex downgraded to Neutral from Buy at Goldman

VLO – Valero Energy downgraded to Hold at The Benchmark Company

CRH – CRH Plc. downgraded to Underweight from Neutral at HSBC

CBI – CB&I removed from Conviction Buy List at Goldman

KDN – Kaydon downgraded to Hold from Buy at Keybanc

MU – Micron initiated with a Neutral at Nomura

GM – General Motors initiated with a Neutral at Piper Jaffray

CVC – Cablevision downgraded to Market Perform from Outperform at Wells Fargo

SFSF – SuccessFactors downgraded to Average at Caris following SAP acquisition offer

FSS – Federal Signal downgraded to Hold from Buy at Keybanc

STM – STMicroelectronics downgraded to Reduce from Neutral at Natixis

ADSK – Autodesk downgraded to Sell from Neutral at Goldman

TCO – Taubman Centers downgraded to Neutral from Buy at UBS

ULTI – Ultimate Software downgraded to Hold from Buy at Canaccord Genuity

KOS – Kosmos Energy initiated with a Hold at Deutsche Bank

PZZA – Papa John’s downgraded to Sell at Feltl & Co

Comments »

Gapping Up and Down This Morning

Gapping up

GM +1.3%,FRO +19.7%, TLEO +10.4%, LYG +10.5%,  ETR +0.3%, BCS +5.4%, STD +3%,  SPLS +2.6%,SDRL +2.9%,

BAC +2.8%, CS +2.6%, TS +2.6%, DB +2.3%, NAT +7.1%, OSG +2.6%, HBC +2.2%, XOM +1.1%, BP +1.2%, MO +1.2%,

SD +2.%, SDRL +2.6%, E +2.5%, WFT +2.3%, ING +4.9%, IRE +4.1%, CHK +1.8%, NBR +1.4%, MS +2.7%, CS +2.6%,

DB +2.3%, HBC +2.2%, C +2.2%, UBS +1.6%, DG +3.4%, MET +1.1%

Gapping down

REGN -4.8%,  SAP -1.6%,  FSIN -3.5%, RIMM -1.9% ,   CVC -0.8%, ADSK -0.9%, NOK -1.6%

Comments »

This Week’s Biggest Winners

No. Ticker 1-week Return
1 DEXO 115.38
2 CEDC 67.97
3 DYN 43.30
4 MBI 40.43
5 INHX 38.12
6 CX 37.93
7 ZUMZ 37.29
8 LAVA 36.53
9 TWER 36.46
10 ZOOM 35.96
11 CHRS 33.94
12 ERX 33.88
13 TNA 33.50
14 VICL 33.33
15 USG 33.04
16 HEB 32.72
17 OCZ 32.45
18 EDC 32.43
19 GMXR 32.20
20 PVA 32.05
21 GLUU 31.73
22 MTOR 31.43
23 ORI 31.28
24 HDY 30.88
25 FAS 30.68
26 ARNA 30.31
27 AATI 30.20
28 BZH 30.05
29 CLWR 29.87
30 JRCC 29.62
31 MTW 29.17
32 TEX 28.73
33 ANR 28.65
34 GDP 28.64
35 ING 28.59
36 LEAP 27.83
37 CHTP 27.59
38 LZB 27.58
39 TTI 27.47
40 WDC 27.40
41 MHR 27.25
42 JBLU 27.01
43 YOKU 26.97
44 MITI 26.92
45 CSIQ 26.11
46 XING 25.87
47 X 25.55
48 SCS 25.28
49 UPRO 25.23
50 SLXP 25.16

Comments »

This Morning’s 52 Week Highs and Lows

NYSE

New Highs 68 

COMPANY                       SYMBOL      HIGH                VOLUME 
-------                       ------      ----                ------ 
Alabama Pwr 5.2% pfd.         ALPpN       25.90                3,203 
American Water Works Co       AWK         31.72              107,919 
BNY Capital V 5.95%           BKpF        25.54                8,396 
BlackRock CA Municipal Tr     BFZ         14.40                9,956 
BlackRock Long-Term Muni      BTA         11.60               19,645 
Blkrck MunHl NJ Qlty          MUJ         14.99               11,533 
BlRk MuHldg NY Qlty           MHN         14.97               17,690 
BlkRk MuniHldgs Quality       MUS         13.84               14,580 
BlkRd MuniYld Michigan II     MYM         13.98                3,876 
BlRk Muyld NJ Qlty            MJI         14.79                4,500 
BlkRk MuniYld Quality         MQY         15.49               11,240 
BlRkMunyldQltyIII             MYI         13.75               28,529 
BlkRk MuniYld Ins Qlty        MFT         14.44                5,344 
Blyth                         BTH         69.95                6,181 
Boston Beer                   SAM         101.96               5,743 
Chesapeake Granite Wash       CHKR        19.97               98,731 
Core Labs                     CLB         119.49              42,424 
Dominos Pizza                 DPZ         34.05              100,371 
Enterprise Pdts Partners      EPD         46.61              119,587 
FMC Tech                      FTI         53.86              200,255 
FTI Consulting                FCN         43.98               53,658 
Fair Isaac                    FICO        36.83               31,419 
Genuine Parts                 GPC         59.91               67,244 
WW Grainger                   GWW         190.63              75,796 
Home Depot                    HD          39.98            2,325,016 
Humana Inc                    HUM         90.00              138,171 
Invesco Mun Incm Opps Tr      OIA         6.53                24,285 
Invesco MIO II                OIB         7.20                20,727 
Invesco MIO III               OIC         7.89                10,005 
James Hardie Indus ADS        JHX         35.65                  850 
KIMCO Realty Pfd H            KIMpH       27.15                4,437 
Kodiak Oil & Gas              KOG         9.15               726,665 
Manning & Napier              MN          12.77               13,415 
Mastercard                    MA          384.99             105,210 
McDonald's                    MCD         96.47              463,923 
Metro Health Ntwks            MDF         7.60                66,787 
Movado Group                  MOV         18.58               38,279 
NeuStar A                     NSR         34.73               76,404 
Nuveen CA Muni Value          NCA         9.30                 4,594 
Nuveen Connecticut Prem       NTC         14.15                  955 
Nuveen Div Fnd                NAD         14.10               25,038 
Nuveen Insured Premium        NNF         15.50                1,962 
Nuveen Insurd Prem Inco 2     NPX         13.20               14,376 
Nuveen Muni Mkt Opp           NMO         13.66               10,316 
Nuveen NJ Premium Income      NNJ         15.01                6,905 
Nuveen NY Div Fnd             NAN         13.92                3,155 
Nuveen NY Investment Qual     NQN         15.26                7,495 
Nuveen NY Select Quality      NVN         15.27                7,640 
Nuveen Pa Premium Inc 2       NPY         13.76                8,750 
Nuveen Premier Muni Inc       NPF         14.34               16,484 
Nuveen Premium Inco Muni      NPI         14.21               23,676 
Nuveen Quality Income         NQU         14.25               21,095 
ONEOK Partners                OKS         52.98               41,283 
Oceaneering Intl              OII         48.45               72,144 
Oiltanking Partners LP        OILT        29.55                5,836 
PartnerRe Pfd E               PREpE       26.25                2,703 
PimcoNY                       PNI         11.40                3,524 
Rex American Resources        REX         19.22                5,157 
TJX Cos                       TJX         63.14              362,900 
Targa Resources               TRGP        37.49              149,356 
Targa Resources Partners      NGLS        38.50               62,965 
Tesoro Logistics LP           TLLP        28.81                5,045 
Tyson Foods                   TSN         20.50              340,405 
VISA  (Cl A)                  V           98.60              371,660 
Western Asset Mun Tr Fund     MTT         21.81               10,094 
Western Gas Partners LP       WES         38.50               19,352 
World Fuel Svcs               INT         43.36              121,956 
Wyndham Worldwide             WYN         36.30              484,364 

New Lows 5 

COMPANY                       SYMBOL      LOW                 VOLUME 
-------                       ------      ----                ------ 
Gildan Activewear             GIL         16.32              623,812 
iStar Finl 7.80%  Ser F       SFIpF       14.03                4,104 
Source Cap $2.4 Cum. pfd.     SORp        33.70                4,661 
Tortoise Pipeline & Engy      TTP         24.14              104,932 
Verso Paper                   VRS         1.10                45,484

NASDAQ

New Highs 19 

COMPANY                       SYMBOL      HIGH                VOLUME 
-------                       ------      ----                ------ 
Akorn                         AKRX        10.95               81,535 
Altisource Ptfl Sol SA        ASPS        47.90                7,239 
American Dental Ptnrs         ADPI        18.90                4,876 
America's Car-Mart            CRMT        37.67                1,573 
Barrett Business Svcs         BBSI        19.30                1,750 
Citizens Republic Bancorp     CRBC        11.04               50,978 
Costco Wholesale              COST        88.68              380,420 
Epoch Hldg                    EPHC        24.40               10,375 
Fastenal Co                   FAST        42.45              277,353 
Home Federal Bancorp LA       HFBL        17.12                  500 
Magal Security Systems        MAGS        5.10               112,924 
Medivation                    MDVN        47.46               87,700 
OSI Systems                   OSIS        49.04               22,933 
Pizza Inn Holdings            PZZI        6.60                72,429 
RBC Bearings                  ROLL        42.90                5,024 
Ross Stores                   ROST        93.18              106,902 
Spectrum Pharmaceuticals      SPPI        14.43              114,094 
Synageva BioPharma            GEVA        18.42              102,900 
Verisk Analytics Inc          VRSK        39.39               73,864 

New Lows 14 

COMPANY                       SYMBOL      LOW                 VOLUME 
-------                       ------      ----                ------ 
ApplEntrgtcs                  AERG        0.08               111,934 
Clovis Oncology               CLVS        12.22                1,700 
Crumbs Bake Shop Inc Un       CRMBU       2.52                   500 
eOn Comm                      EONC        0.92                   450 
FiberTower                    FTWR        0.16               556,042 
Innovative Sols & Support     ISSC        3.70                   890 
Jacada                        JCDA        1.78                   267 
Meru Networks                 MERU        4.30                16,290 
Presstek                      PRST        0.52                10,160 
ProShs UlShrt Nsdq Biot       BIS         34.00                  400 
RPX                           RPXC        13.50               22,939 
Recovery Energy               RECV        3.66                 9,200 
Zillow Cl A                   Z           21.22               43,060 
ZipRealty                     ZIPR        1.10                10,300

Comments »

This Morning’s Most Active Put/Call Options Trades

 -CALLS- 
OPTION    EXP.DATE       STRIKE PRC.     VOLUME        LAST S/PRC.    NET CHANGE 
BAC       12/17/11           6.0000         215            0.1800      up 0.0400 
FAZ        12/2/11          40.0000         201            0.6100      dn 1.6000 
BAC        2/18/12           7.0000         180            0.2300      up 0.0300 
GOOG       12/2/11         615.0000         160            4.6000      up 1.9500 
JPM        12/2/11          31.0000         132            0.3400      up 0.2300 
AAPL       12/2/11         390.0000         127            2.5900      up 1.6000 
AAPL       12/2/11         395.0000         114            0.2700      up 0.0200 
X          12/2/11          29.0000         110            0.0900      up 0.0400 
JPM        12/9/11          33.0000         109            0.2700      up 0.0700 
JPM       12/17/11          34.0000         100            0.3600      up 0.2200 

 -PUTS- 
OPTION    EXP.DATE       STRIKE PRC.     VOLUME        LAST S/PRC.    NET CHANGE 
RIMM       12/2/11          17.0000         297            0.3000      up 0.2800 
FAS1      12/17/11          10.0000         250            0.3000      dn 0.0400 
AAPL       12/2/11         385.0000         248            0.1100      dn 0.9400 
AAPL       12/2/11         390.0000         233            0.7000      dn 2.8500 
LVS       12/17/11          47.0000         200            1.4000      dn 0.3100 
BAC       12/17/11           6.0000         180            0.4500      dn 0.1600 
RIMM      12/17/11          20.0000         178            3.2500      up 0.9000 
RIMM       12/2/11          16.0000          92            0.0700      up 0.0600 
RIMM      12/17/11          16.0000          91            0.7600      up 0.2800 
AAPL       12/2/11         380.0000          81            0.0400      dn 0.2300 

 -VOLUME- 
    CALLS      PUTS           TOTAL 
    16289     17514          33803
-CALLS- 
OPTION    EXP.DATE       STRIKE PRC.     VOLUME        LAST S/PRC.    NET CHANGE 
JNJ        12/17/11          67.5000        3500            0.0700      up 0.0000 
VLO         1/21/12          24.0000        3015            1.0600      up 0.2300 
HRB        12/17/11          15.0000        2643            0.5000      dn 0.7500 
RIMM        12/2/11          18.0000        1532            0.0200      dn 0.7100 
PXD         1/21/12         105.0000        1500            1.5000      dn 0.2000 
PXD         1/21/12          85.0000        1500           11.7000      up 0.4100 
JPM        12/17/11          34.0000        1494            0.3600      up 0.1900 
AAPL        12/2/11         390.0000        1367            2.5700      up 1.4700 
F           2/18/12          10.0000        1349            1.2300      up 0.0800 
MSFT       12/17/11          26.0000        1345            0.2400      up 0.0300 

 -PUTS- 
OPTION    EXP.DATE       STRIKE PRC.     VOLUME        LAST S/PRC.    NET CHANGE 
RIMM       12/2/11          16.0000        1385            0.0500      up 0.0200 
RIMM       12/2/11          17.0000        1265            0.3000      up 0.2700 
RIMM       1/21/12          17.5000        1253            2.1900      up 0.5400 
LULU      12/17/11          47.5000        1074            1.1500      dn 1.0000 
C1         1/21/12           4.0000        1000            1.2800      up 0.0000 
GMCR       1/21/12          30.0000         963            0.1100      dn 0.2800 
AAPL       12/2/11         385.0000         925            0.1200      dn 0.9300 
MOS       12/17/11          50.0000         898            1.0200      up 0.0700 
RIMM      12/17/11          20.0000         772            3.4500      up 1.1100 
AAPL       12/2/11         390.0000         674            0.7000      dn 2.8500 

 -VOLUME- 
    CALLS      PUTS           TOTAL 
   256329     285002         541331

Comments »

Warren Buffett’s Favorite Indicator Still Chu Chuing Along

“No signs of recession in this data.  The weekly rail traffic has been incredibly consistent in recent months with low single digit readings in carloads and intermodal traffic.  It’s certainly not indicative of a booming economy, but it’s also not indicative of a shrinking economy.   AAR has this week’s details:

The Association of American Railroads (AAR) today reported gains in weekly rail traffic, with U.S. railroads originating 265,304 carloads for the week ending Nov. 26, 2011, up 4 percent compared with the same week last year. Intermodal volume for the week totaled 190,866 trailers and containers, up 3.7 percent compared with the same week last year.”

Full article

Comments »

Upgrades and Downgrades This Morning

Upgrades 

INTU – Intuit resumed with a Neutral at Goldman

AUQ – Aurico upgraded to Buy from Neutral at BofA/Merrill

N – NetSuite resumed with a Buy at Goldman

MAPP – MAP Pharma initiated with an Overweight at JP Morgan

DCO – Ducommun initiated with a Buy at Auriga

ENR – Energizer initiated with a Buy at Janney Montgomery Scott

XYL – Xylem initiated with a Buy at Keybanc

SHOO – Steven Madden initiated with a Buy at Canaccord Genuity

NPO – Enpro Industries initiated with a Buy at Keybanc

ONE – Higher One initiated with a Buy at Suntrust

ANTH – Anthera Pharma upgraded to Outperform from Neutral at Wedbush

CLF – Cliffs Natural Resources initiated with an Outperform at Credit Suisse

NMM – Navios Maritime Partners  initiated with an Overweight at JP Morgan

WDC – Western Digital upgraded to Buy from Hold at ThinkEquity

ADI – Analog Devices upgraded to Buy from Neutral at Sterne Agee

ECL – Ecolab resumed with a Neutral at Goldman

RTLX – Retalix initiated with an Outperform at JMP Securities

UHS – Universal Health initiated with an Outperform at BMO Capital

APH – Amphenol upgraded to Outperform from Neutral at Macquarie

LULU – lululemon athletica upgraded to Buy from Underweight at Keybanc

PROJ – Deltek initiated with an Outperform at JMP Securities

SLF – Sun Life upgraded to Equal Weight from Underweight at Morgan Stanley

JCI – Johnson Controls initiated with a Buy at Lazard

CCI – Crown Castle initiated with an Outperform at Macquarie

ROG – Rogers Corp initiated with a Mkt Outperform at Rodman & Renshaw

AMT – American Tower initiated with an Outperform at Macquarie

WNR – Western Refining upgraded to Outperform from Neutral at Credit Suisse

NM – Navios Maritime initiated with an Overweight at JP Morgan

HFC – HollyFrontier upgraded to Buy from Neutral at BofA/Merrill

KAMN – Kaman initiated with a Hold at Auriga

UTIW – UTI Worldwide initiated with a Buy at Lazard

Downgrades 

THC – Navios Maritime Acquisition  initiated with a Neutral at JP Morgan

SBAC – SBA Comm initiated with a Neutral at Macquarie

ULTI – Ultimate Software resumed with a Sell at Goldman

INFY – Infosys initiated with a Hold at Jefferies

HELE – Helen of Troy initiated with a Neutral at Janney Montgomery Scott

TGH – Textainer Group downgraded to Neutral from Buy at Suntrust

CSOD – Cornerstone OnDemand resumed with a Buy at Goldman

CLS – Celestica downgraded to Sell at Ticonderoga

ARGN – Amerigon initiated with a Hold at Needham

LPX – Louisiana-Pacific downgraded to Sector Perform from Outperform at RBC Capital

CM – CIBC downgraded to Neutral from Buy at UBS

TEL – TE Connectivity downgraded to Neutral from Outperform at Macquarie

TNK – Teekay Tankers  initiated with a Neutral at JP Morgan

EXEL – Exelixis downgraded to Neutral from Buy at Lazard

BECN – Beacon Roofing Supply downgraded to Hold from Buy at Keybanc

SIRO – Sirona Dental Systems removed from Conviction Buy List at Goldman

GES – Guess? downgraded to Neutral from Buy at Citigroup

TOO Teekay Offshore  initiated with a Neutral at JP Morgan

PPG – PPG Industries downgraded to Neutral from Buy at Goldman

AEE – Ameren downgraded to Underperform from Neutral at BofA/Merrill

Comments »

Gapping Up and Down This Morning

Gapping up

BP +1.5%, TOT +1.2%, MITL +19.5%, ZUMZ +11.3%, WDC +9.4%, BCS +4.4%, DB +3.5%, BAC +3.1%,  ALEX +9.3%,

ING +7.6%, LOGI +4.6%, LYG +2.7%, UBS +2.6%, PVH +2%, SDRL +1.9%,  IBN +2.8%,  DB +3.5%, MS +3.4%,

GNW +3.4%, E +1.8%, STO +1.4%, TOT +1.2%, CVX +1.1%, ALEX +9.3%, LULU +2.8%

Gapping down

EEP -4.7%, HRB -4.1%, RIMM -3.9%, AVGO -2.7%, BIG -5.5% , ROIC -1.5%, VSNT -4.2%,  STX -4.3%, NVS -1.1%,

EEP -4.7%, CLS -4.3%, GES -1.4%

Comments »