Posts for Ticker ‘SOA’

52-Week High Club (ALGN, GLTX, SOA)

Align Technology Inc. (NASDAQ: ALGN) rose over 15.5% to a yearly high of $19.25 after the maker of teeth straightening technology forecast first quarter earnings of $0.12 or more, topping analyst estimates.

Gentex Corporation (NASDAQ: GNTX) rose over 14.4% to a yearly high of $20 after the maker of vehicle mirrors reported 4Q earnings that beat analyst consensus.

Solutia Inc. (NYSE: SOA) rose over 12% to a yearly high of $14.20 after the chemical company reported earnings of $0.43, beating analyst estimates.

Garrett W. McIntyre

Top Pre-Market Analyst Upgrades & Downgrades (DVN, ECA, STR, RSG, APC, AIN, AVB, BRE, CBST, DLTR, MEOH, SOA, SU, UDR)

These are some of the top pre-market upgrades and downgrades we have seen from Wall Street analysts this Monday morning:

  • Devon Energy (DVN) Raised to Buy at Jefferies.
  • EnCana (ECA) Raised to Neutral at Goldman Sachs.
  • Questar (STR) Raised to Buy at Goldman Sachs.
  • Republic Services (RSG) Raised to Outperform at FBR.
  • Anadarko Petroleum (APC) Cut to Sell from Buy at Goldman Sachs.
  • Apartment Investment (AIV) Cut to Market Perform at KBW.
  • AvalonBay (AVB) Cut to Underperform at KBW.
  • BRE Properties (BRE) Cut to Underperform at KBW.
  • Cubist (CBST) Cut to Underperform at Leerink Swann.
  • Dollar Tree (DLTR) Cut to Market Perform at FBR.
  • Methanex (MEOH) Cut to Sector Perform at CIBC.
  • Solution (SOA) Cut to Neutral at Goldman Sachs.
  • Suncor Energy (SU) Cut to Sell at Goldman Sachs.
  • UDR (UDR) Cut to Market Perform at KBW.

Jon C. Ogg
December 8, 2008

Solutia’s Second Secondary Comes At Deep Discount (SOA)

Solutia_logoWe have seen a secondary offering now priced out of Solutia Inc. (NYSE: SOA).  The company sold 10,714,284 shares of common stock at a price of $14.00 per share to raise some $150 million in gross proceeds and $145 million in net proceeds.

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