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Top 10 Analyst Upgrades and Downgrades (AEZS, AXP, ARTC, BRCD, GLW, CRXL, GS, IGT, MOT, TRA)

247wallst — Tue, 18 Aug 2009 11:53:29 +0000

These are ten of the top analyst research upgrades, downgrades, and initiations seen early this Tuesday morning with about two hours until the market opens:

Aeterna Zentaris (AEZS) Cut to Sector Perform at RBC; cut at Canaccord and at Desjardins also.
American Express (AXP) Raised to Outperform at KBW.
Arthrocare (ARTC) Raised to Buy at Canaccord.
Brocade (BRCD) Raised to Strong Buy at S&P.
Corning (GLW) Raised to Outperform at Oppenheimer.
Crucell (CRXL) Cut to Sell at ING.
Goldman Sachs (GS) Raised to Buy at Pali.
International Game Tech (IGT) Raised to Overweight at JPMorgan.
Motorola (MOT) Started as Buy at Canaccord.
Terra Industries (TRA) Started as Overweight at JPMorgan.

JON C. OGG
AUGUST 18, 2009

Posted in Analyst Calls Tagged: AEZS, ARTC, AXP, BRCD, CRXL, GLW, GS, IGT, MOT, TRA

The 52-Week Low Club (MNI)(MWE)(ARTC)(TXCC)

247wallst — Mon, 22 Dec 2008 15:48:27 +0000

McClatchy (MNI) Another big newspaper company headed toward liquidation. Drops to $.83 from 52-week high of $13.31.

Markwest Energy (MWE) Downgraded by Morgan Keegan. Drops to $7.36 from 52-week high of $38.50.

ArthroCare (ARTC) May have to restate several years of financials. Sells off to $4.35 from 52-week high of $53.76.

TranSwitch (TXCC) No news, but big sell-off toward the close. Dips to $.22 from 52-week high of $1.15.

Douglas A. McIntyre

Posted in HI/LOW Tagged: ARTC, MNI, MWE, TXCC

52-Week Low Club (ARTC, CORL, GEOY, HPGP, HLND, HRC, PDLI, SNN, TTWO)

247wallst — Fri, 19 Dec 2008 15:01:00 +0000

There are plenty of 52-week lows out there for the picking. These are some of the major lows we saw today which we have seen. Some are on specific news, and some are just on continued selling. ArthroCare Corporation (NASDAQ: ARTC), Corel Corp. (NASDAQ: CORL), GeoEye, Inc. (NASDAQ: GEOY), Hiland Holdings GP, LP (NASDAQ: HPGP) and Hiland Partners, LP (NASDAQ: HLND), Hill-Rom Holdings, Inc. (NYSE: HRC), PDL BioPharma Inc. (NASDAQ: PDLI), Smith & Nephew (NYSE: SNN), and Take-Two Interactive (NASDAQ: TTWO) are among today’s burnt stocks.

Here are some brief explanations on each stock:

ArthroCare Corporation (NASDAQ: ARTC) was down over 50% and that prior$11.90 low may be a figure for the history books now. It expandedrestatements of financial statements and withdrew previous adjustments;and it disclosed subpoenas for production of documents. Just whatevery investor wants to hear.
Corel Corp. (NASDAQ: CORL) broke under its old $3.01 lows, down about70% from highs. Too bad that old merger deal never worked.
GeoEye, Inc. (NASDAQ: GEOY) fell another 5%. Satellite imagerycontracts may still be lucrative, but supporting the business is not acheap endeavor.
Hiland Holdings GP, LP (NASDAQ: HPGP) and Hiland Partners, LP (NASDAQ:HLND) both blew through prior lows. Wachovia cut it, seems not allMLP’s are created equally.
Hill-Rom Holdings, Inc. (NYSE: HRC) put in a new 52-week low. So muchfor medical products being recession-proof, so much for that break-upbeing a great one.
PDL BioPharma Inc. (NASDAQ: PDLI) is spinning off its biotech unit andshares were down over 10% today as the company is being booted out ofthe S&P Mid-Cap 400 Index. This one’s nickname is "Pidly" as theticker acronym. Looks like the nickname may be the surname.
Smith & Nephew (NYSE: SNN)… so much for the knee and hipreplacements trends. Oh well, other medical products have been bitingthe dust on this list of lows as well.
Take-Two Interactive (NASDAQ: TTWO) fell again. That warning the otherday was just brutal. Signing the Rockstar team is only worth somestability it seems. Unfortunately, because of the magnitude of thedrop and because of actual GAAP LOSSES this only looks cheap becauseits stock is off so much.

Jon C. Ogg
December 19, 2008

Posted in HI/LOW, Trading Alert Tagged: ARTC, CORL, GEOY, HLND, HPGP, HRC, PDLI, SNN, TTWO

Top 10 Early Bird Analyst Calls (ARTC, AGO, FDRY, IFF, PETS, PDS, CRM, SNDK, TEF, TXN)

247wallst — Tue, 22 Jul 2008 06:19:20 +0000

These are ten of the early bird analyst calls we are seeing this Tuesday morning with over 2 hours to the open:

ArthroCare Corp. (NASDAQ: ARTC) Cut to Market Perform at William Blair.
Assured Guaranty (NYSE: AGO) Cut to Neutral at JPMorgan.
Foundry Networks (NASDAQ: FDRY) Cut to Neutral at Piper Jaffray.
International Flavors & Fragrances (NYSE: IFF) Started as Underweight at Lehman.
PetMed Express (NASDAQ: PETS) Raised to Neutral from Sell at Piper Jaffray.
Precision Drilling (NYSE: PDS) Raised to Outperform at CIBC.
salesforce.com (NYSE: CRM) Cut to Hold at Citigroup.
SanDisk (NASDAQ: SNDK) Cut to Sell at Citigroup.
Telefonica (NYSE: TEF) Cut to Neutral at JPMorgan.
Texas Instruments (NYSE: TXN) Cut to Neutral at Merrill Lynch.

Jon C. Ogg
July 22, 2008

The 52-Week Low Club 7/21/2008 (ARTC)(SFI)(TXT)

247wallst — Mon, 21 Jul 2008 14:56:03 +0000

Textron (TXT) Tough earnings and a downgrade from UBS. Falls to $39.77 from 52-week high of $74.40.

IStar Financial (SFI) Bad quarter, higher loan loss provisions. Tumbles to $7.30 from 52-week high of $42.40.

ArthroCare (ARTC) Company has to restate results, undermining buy-out possibility. Drops to $22.77 from 52-week high of $65.70.