Kadhafi: I’m Not Leaving; Chilling in Tripoli
Amy Winehouse Toxicology Report Shows No Drugs
Fed Economists Predict a 15 Year Bear Market
DSK Granted a Dismissal of All Charges Against Him
FDIC Puts Out a Report on Banking
Deposit Insurance Fund in the Black, Problem Bank List Shrinks, and Bank earnings has Improved Over The Past Quarter
Comments »New Home Sales: Prior 312k, Mkt Expects 310k, Actual 298k
Soros: There’s a Mystery Buyer of Euros Out There
Oil Analyst Brodrick: Crude Could Drop to $64.50
Nassim Taleb: Banks Have Hijacked Society
FLASH: BAC Off by Another 4.6%
Gasoline May Not Be Following WTI Down
Upgrades and Downgrades This Morning
Upgrades
COH – Coach upgraded to Buy from Hold at Jefferies
NBL – Noble Energy upgraded to Market Outperform at Howard Weil
ARUN – Aruba Networks initiated with a Buy at Brigantine
AOL – AOL initiated with an Outperform at Credit Agricole
LNN – Lindsay Corp upgraded to Buy from Neutral at Janney Montgomery Scott
HGSI – Human Genome initiated with a Buy at Brean Murray
IVN – Ivanhoe Mines upgraded to Speculative Buy from Hold at TD Newcrest
CNP – CenterPoint upgraded to Buy from Neutral at Suntrust
PCLN – Priceline.com initiated with an Outperform at Credit Suisse
AET – Aetna upgraded to Buy from Hold at Jefferies
RYL – Ryland Group upgraded to Neutral from Underperform at Credit Suisse
CYN – City National upgraded to Overweight from Equal Weight at Evercore
ALKS – Alkermes upgraded to Buy from Neutral at UBS
NRG – NRG Energy upgraded to Buy from Neutral at UBS
Downgrades
HRL – Hormel Foods downgraded to Market Perform from Outperform at BMO Capital
PEG – Public Service downgraded to Neutral from Buy at UBS
IHG – Intercontinental Hotels Group downgraded to Neutral from Outperform at Credit Suisse
COL – Rockwell Collins downgraded to Neutral at Wedbush
LNCR – Lincare downgraded to Hold from Buy at Citigroup
STP – Suntech Power downgraded to Sell at Collins Stewart
BYI – Bally Technologies target lowered to $43 at Brean Murray
Comments »Gapping Up and Down This Morning
Gapping up
GTAT +2.3%, RIO +3.6%, RF +3.6%, BHP+2.9%, RDS.A +2.3%, AZN +2.3%, PWR+7.6%, FMCN, NVS +2.9%, BAC +2.8%, BP +2.7%, +7.2%, SDRL +2%, AAPL +1.6%, C +1.5%, KEN+42.9%, LYG +6.8%, ARMH +6.1%, DB +4.4%, UBS +3.9%,
Gapping down
GFI -2.8%, AU -1.8%, SLV -1.6%, GOLD – 1.5%, RP -5.9%
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