Posts for Ticker ‘TRMK’

Secondary Offerings Keep Mounting (CAST, RGNC, SD, TRMK, HGSI)

This morning we have another flurry of secondary offerings that are hitting the market.  Today’s tally comes to what looks like more than $500 million being absorbed by the public equity markets.  These offerings came from ChinaCast Education Corporation (NASDAQ: CAST), Regency Energy Partners LP (NASDAQ: RGNC), SandRidge Energy, Inc. (NYSE: SD), and Trustmark Corporation (NASDAQ: TRMK).  We are also looking for the big $300+ million offering to be priced late today or tonight from Human Genome Sciences, Inc. (NASDAQ: HGSI).

We have compiled deal details, use of funds, the gross amounts of each offering, a list of underwriters, and share price reactions for each deal.
Read More »

Top Analyst Upgrade/Positive Calls (AACC, CYN, LLL, LTC, NTRS, PAR, TRMK, UHS)

Money_stack_picThese are some of the top analyst upgrades and positive calls we are seeing from Wall Street early this Thursday morning with more than two hours to the open:

  • Asset Acceptance Capital (NASDAQ: AACC) Raised to Market Perform at KBW.
  • City National (NYSE: CYN) Raised to Outperform at KBW.
  • L-3 Communications (NYSE: LLL) Started as Outperform at Morgan Keegan.
  • LTC Properties (NYSE: LTC) Started as Buy at KeyBanc.
  • Northern Trust (NASDAQ: NTRS) Raised to Outperform at KBW.
  • 3PAR (NYSE: PAR) Started as Outperform at Morgan Keegan.
  • Terremark Worldwide (NASDAQ: TRMK) Started as Buy at Stanford.
  • Universal Health (NYSE: UHS) Started as Overweight at JPMorgan.

Jon C. Ogg
December 18, 2008

Top Pre-Market Analyst Downgrades (AIG, ANEN, AVP, KMX, CTRN, EW, FMX, LAMR, TRMK, VMW)

These are not all of the downgrades or negative calls we are seeing, but these are the stand out calls early this Thursday morning:

  • AIG (AIG) Cut to Market Perform at FBR.
  • Anaren (ANEN) Cut to Neutral at Piper Jaffray.
  • Avon Products (AVP) Cut to Neutral at Credit Suisse.
  • CarMax (KMX) Cut to Market Perform at Raymond James.
  • Citi Trends (CTRN) Cut to Neutral at Piper Jaffray.
  • Edwards Lifesciences (EW) Cut to Underweight at JPMorgan.
  • Femsa (FMX) Cut to Equal-weight at Morgan Stanley.
  • Lamar Advertising (LAMR) Started as Sell at Citigroup.
  • Trustmark (TRMK) Cut to Underweight at JPMorgan.
  • VMware (VMW) Started as Underperform at Bernstein.

Jon C. Ogg
August 7, 2008