Posts for Ticker ‘SON’

Top 10 Analyst Upgrades & Downgrades (ANF, CE, FLEX, FCL, HD, HMIN, LNC, MRO, OSG, SON)

These are ten of the top analyst upgrades and downgrades from Wall Street we have seen early this Wednesday morning with more than two hours until the market opens for trading:

Abercrombie & Fitch (ANF) Raised to Buy at Jefferies.
Celanese (CE) Cut to Hold at Citigroup.
Flextronics (FLEX) Cuto Sell at Collins Stewart.
Foundation Coal (FCL) Cut to Hold at Jefferies.
Home Depot (HD) Raised to Buy at Citigroup.
Home Inns (HMIN) Raised to Outperform at Oppenheimer.
Lincoln National (LNC) Raised to Outperform at Wachovia.
Marathon Oil (MRO) Cut to Market Perform at Bernstein.
Overseas Shipholding (OSG) Cut to Perform at Oppenheimer.
Sonoco Products (SON) Cut to Hold at KeyBanc.

JON C. OGG

Pre-Market Stock News (July 20, 2007)

(ACOR) Acorda COO resigned to pursue other interests.
(AMD) Advanced Micro Devices traded up 4% after revenues were ahead of plan on processor sales.
(AUY) Yamana Gold makes business combination offer for Meridian Gold.
(BVF) Biovail received a non-approval letter from the U.S. FDA for its NDA for BVF-033.
(C) Citigroup $1.24 EPS vs $1.13 estimate, Revenues $25.6 Billion vs. $24.88B est.
(CAT) Caterpillar $1.24 EPS vs $1.49 estimate.
(ERIC) Ericsson ADR’s trading down over 4% after earnings rose 12% overseas.
(MSFT) Microsoft traded down almost 1% after meeting expectations.
(OWW) Orbitz IPO priced 34 million shares at $15.00.
(GOOG) Google traded down 7% after missing EPS on higher expenses.
(PRSP) Prosperity Bancshares $0.52 EPS vs $0.52 estimate.
(RHHBY) Roche profit rose 24% overseas; named new chief for diagnostics unit.
(SLB) Schlumberger $1.02 EPS vs $0.95 estimate.
(SNDK) SanDisk trading up over 4% after beating earnings.
(SNTS) Santarus announces achievement of $5 million milestone payment under license agreement wit Schering-Plough.
(SON) Sonoco $0.56 EPS vs $0.59 estimate.
(WB) Wachovia $1.23 EPS vs $1.22 estimate.
(WHR) Whirlpool $2.00 EPS vs $1.83 estimate.

Jon C. Ogg
July 20, 2007

Jon Ogg can be reached at jonogg@247wallst.com; he does not own securities in the companies he covers.