It seems that despite all the back and forth action nobody seems to be satisfied.
Comments »Monthly Archives: August 2011
Upgrades and Downgrades This Morning
Upgrades
SM – SM Energy target raised to $100 from $95 at Stifel Nicolaus
VHS – Vanguard Health Systems initiated with an Outperform at Leerink Swann
EXPR – Express initiated with a Outperform at Wedbush
LVS – Las Vegas Sands upgraded to Buy at Argus
NLY – Annaly Capital Mgmt upgraded to Buy at Stifel
AGP – Amerigroup upgraded to Buy at Stifel Nicolaus
BRY – Berry Petroleum upgraded to Outperform from Market Perform at BMO Capital
CNH – CNH Global upgraded to Buy from Hold at ISI Group
CEG – Constellation Energy initiated with a Market Perform at Wells Fargo
SOHU – Sohu.com upgraded to Neutral from Reduce at Nomura
FNFG – First Niagara upgraded to Strong Buy from Outperform at Raymond James
TQNT – TriQuint Semi upgraded to Buy at Kaufman Bros
XRAY – Dentsply upgraded to Outperform at Barrington Research
TTWO – Take-Two upgraded to Neutral from Underperform at Cowen
ZION – Zions Bancorp upgraded to Strong BUy from Outperform at Raymond James
PWY – Parkway Prop upgraded to Outperform from Market Perform at JMP Securities
Downgrades
WMT – Wal-Mart downgraded to Hold from Buy at Jefferies
BIDU – Baidu.com initiated with a Hold at T.H Capital
VE – Veolia Environnement downgraded to Neutral from Overweight at HSBC Securities
SLE – Sara Lee downgraded to Market Perform from Outperform at Bernstein
TEVA – Teva Pharma downgraded to Perform at Oppenheimer
INSM – Insmed downgraded to Sector Perform from Outperform at RBC Capital
ITW – Illinois Tool downgraded to Hold from Buy at ISI Group
Comments »Gapping Up and Down This Morning
Gapping Up
DUK +2.1%, SIG+1.8%, SIRI+3.3%, ARCO +6.3%, CGNX +6.2%, MHP +4.6%, CUTR +3.4%, SUNH +3%, SIGA +1.8%, PLT +1.4%, MCP +1.2%, SLV +1.1%, NLY +1%, HL +1.7%, SOLR +1.4%, MOH +6.5%, KGC +1.6%, MHP +4.6%, EGO +1.5%, MCP +1.2%, GG +1.4%, SLV +1.1%, ABX +0.9%, SOHU +1.8%, SLW +0.9%, HLF +9.3%, NTWK +7.1%, MOH +7.1%, SNCR +6.4%, FWLT +8.1%, RDN +7.5%,
Gapping down
OPWV -14%, FOE -10.7%, TXRH -9.7%, BGC -8.8%, CTRP -7.7%, KLIC -6.1%, NVMI -5.8%, CTRP -8.8%, IIVI -7.3%, BGC -6.3%, ADM -6.2%,IDTI -5.5%, TSL -5.2%,FMC -3.8%, VE -2.4%, ITW -0.8%, WMT –1%, BHP -1.9%,KLIC -6.1%, ALLT -5.6%, IDTI -5.5%, FMC -3.8%, PPO -3.7%, HOLX -3.6%, CS -3.3%, RIO -3%, MT -2.6%, NOK -2.3%, BBL -2.2%, INSM -41%, LYG -3.7%, UBS -3.5%, CS -3.3%, ING -2.5%, RIO -3%, MT -2.6%, BBL -2.2%, SHPGY -3.7%, TXRH -9.1%,
Comments »In Play and On the Wires
David Walker: “We are less than three years away from where Greece had its debt crisis as to where they were from debt to GDP,”
Wonder if this accounts for austerity measures that are sur to be implemented soon.
Comments »U.S. Personal Spending and Income Was Down in June
Think targeted stimulus, and producing a productive citizen who has an opportunity to work.
Comments »Gold Ignores the Debt Ceiling Agreement and Rallies to New Highs
Rains Across the U.S. Help to Lower Corn and Wheat Prices
Droughts have been quenched with some rain finally; helping to quell thoughts of crop failure.
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European Markets Fall on Concerns the U.S. Will Cause a Global Slowdown
The Yen Fell Overnight on Anticipation of Intervention; Aussie Dollar Follows Suit
The Debt Deal Introduces a New Era of Austerity for the U.S.
Not that I’m against austerity, I just feel this may not be the right time. If there is austerity then it should be the reduction and streamlining of government.
We still need a infrastructure spending plan and a way to introduce citizens back to being productive.
Comments »Rising Wages May Cause More Inflation For New Zealand
Pay for non government workers rose 0.50% and has given The BoN.Z. worries over raising rates.
Comments »The RBA Keeps Rates on Hold To Further Determine the Direction of Global Economy
Oil Falls on U.S. Outlook and Rising Stockpiles
Toyota, TM, Raises Full Year Profits by 39% to $5.04 Billion
Asian Markets Stay Firmly in the Red; Nikkei & Australia Post Largest Losses
Weak U.S. ISM data put a damper on Asia’s exports and helped the markets to fall overall.
Comments »Flash: Spanish Spreads Suddenly Narrow
From 405 to 391 on rumors that China is buying.
Comments »European Markets Are Diving Lower, Again
FTSE 100 INDEX 5,768.99 -0.25% 03:09
CAC 40 INDEX 3,588.72 -0.58% 03:09
DAX INDEX 6,926.28 -27.70 -0.40% 03:08
IBEX 35 INDEX 9,279.40 -38.80 -0.71% 03:09
FTSE MIB INDEX 17,687.30 -33.10 -0.19% 03:09
AEX-Index 324.00 -0.59 -0.18% 03:08
OMX STOCKHOLM 30 INDEX 1,026.81 -12.24 -1.18% 03:24
SWISS MARKET INDEX 5,687.94 -95.41 -2.05% 03:09
Flash: Spanish and Italian Spreads at New Highs
Italy at 360 and Spain north of 400, with 10 year yields at 6.2%.
Comments »Putin on America: “Parasites”
“They are living beyond their means and shifting a part of the weight of their problems to the world economy.”
“They are living like parasites off the global economy and their monopoly of the dollar,” Putin said a bunch of retards in Russia.
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