?
Elsewhere, President Obama picked Mary Jo White to lead the SEC, saying that the organization ?played a critical role in protecting our financial system during the worst of the financial crisis.? Uh, if you say so sir, although that?s not how it seemed at the time, what with its staffers busy?perusing porn?while Bernie embezzled billions. (To be fair, the organization was admirably swift to act when confronted with genuine danger, cracking down on such dire economic threats as friendly?Facebook?(FB) posts from?Netflix?(NFLX).?That?ll teach ?em.)?
?
Today in economics, analysts are expecting an increase in December new home sales at 10:00 a.m. Eastern. A breathless week for fourth quarter earnings announcements concludes with?Covidien?(COV),?Halliburton?(HAL), Honeywell (HON), Kimberly-Clark (KMB), Procter & Gamble (PG), and Weyerhaeuser?(WY) all due to report results.
?
Agrium?(AGU): The fertilizer firm follows yesterday?s strong showing with an increase to Buy from Hold at Dahlman Rose, which has expectations for improving industry fundamentals.
?
AMC Networks?(AMCX): Morgan Stanley moves the stock, home of?Mad Men, to Equal-Weight from Underweight.
?
Amgen?(AMGN): The world?s biggest biotech is boosted to Buy from Hold with a $96 price objective at Argus, which is impressed with good growth of new products and solid pipeline opportunities.
?
Autodesk?(ADSK): A highly unusual 180 degree upgrade here, with the stock taken to Conviction Buy from Sell at Goldman Sachs. Improved execution and an acceleration in non-residential construction end-markets are cited. The price objective is also substantially increased, to $45 from $25.
?
easyJet?(PINK:ESYJY) The budget British airline is now Buy from Neutral at UBS.
?
eBay Inc.?(EBAY): Sanford Bernstein moves the stock to Outperform from Market Perform with a $66 objective. The broker believes that accelerating Marketplace growth is sustainable and will create tailwinds for Paypal. (Note that the stock was also picked up with a Positive rating at Susquehanna this morning.)
?
JPMorgan Chase?(JPM): The?Dow?(^DJI) member gets a Buy-from-Hold boost at Deutsche Bank, which believes it is well positioned for when consumer loan growth improves. Its price objective is $53, up from $48 previously.
?
Panera Bread?(PNRA): Miller Tabak takes the equity to Buy from Hold.
?
Royal Dutch Shell?(RDS-A): The oil outfit is trading higher in London today after a Buy-from-Hold hoist at Soci?t? G?n?rale, which emphasizes its ?high-quality, long-life, low-decline assets.?
?
Silicon Graphics?(SGI): SGI gets upgraded to Buy from Neutral at Sterne Agee.
?
Sony?(SBE): The Japanese consumer electronics giant, on a real run of late, gets lifted to Buy from Neutral at Bank of America-Merrill Lynch.
?
Swift Transportation?(SWFT): Raymond James juices its rating to Strong Buy from Outperform.
?
Tiffany?(NYSE:TIF) HSBC Securities hoists the recently slumping upscale jeweler to Overweight from Neutral. Its target price is now $74, up from $69. Shares are surging 3.10% before the opening bell as a result.
(See also: New Stock Coverage: Cash in the Attic at eBay and Stock Downgrades: Saying Goodbye to Goldman.)
No positions in stocks mentioned.
The information on this website solely reflects the analysis of or opinion about the performance of securities and financial markets by the writers whose articles appear on the site. The views expressed by the writers are not necessarily the views of Minyanville Media, Inc. or members of its management. Nothing contained on the website is intended to constitute a recommendation or advice addressed to an individual investor or category of investors to purchase, sell or hold any security, or to take any action with respect to the prospective movement of the securities markets or to solicit the purchase or sale of any security. Any investment decisions must be made by the reader either individually or in consultation with his or her investment professional. Minyanville writers and staff may trade or hold positions in securities that are discussed in articles appearing on the website. Writers of articles are required to disclose whether they have a position in any stock or fund discussed in an article, but are not permitted to disclose the size or direction of the position. Nothing on this website is intended to solicit business of any kind for a writer's business or fund. Minyanville management and staff as well as contributing writers will not respond to emails or other communications requesting investment advice.Copyright 2011 Minyanville Media, Inc. All Rights Reserved.
London 2012 field hockey Missy Franklin Hunter Pence NBCOlympics Danell Leyva Ye Shiwen OJ Murdock
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.