• Animal Health (AHII) Cut to Neutral at Piper Jaffray.
• Blue Nile (NILE) Cut to Underweight at JPMorgan.
• Fossil (FOSL) Cut to Underweight at JPMorgan.
• Health Net (HNT) Cut to Hold at Deutsche Bank.
• HSN (HSNI) Started as Underweight at JPMorgan.
• IPCS (IPCS) Cut to Hold at Jefferies.
• Louisiana-Pacific (LPX) Cut to Neutral at Banc of America.
• Microchip Technology (MCHP) Cut to Sell at Goldman Sachs.
• Palm (PALM) Cut to Market Perform at Morgan Keegan.
• Penwest Pharmaceuticals (PPCO) Cut to Neutral at Baird.
• Raymond James Financial (RJF) Cut to Underperform at Wachovia.
• Southern Copper (PCU) Cut to Sell at Deutsche Bank.

Jon C. Ogg
November 5, 2008

Animal Health (AHII) may be one of the worst performing stocks today.

Financial giant CIT (CIT) may have one of its best days in months.

Earnings pushed ADM (ADM) way up on large volume.

An earnings warning did not do much to hold Marvell Tech (MRVL) back.

Douglas A. McIntyre