Posts for Ticker ‘BTI’

52-Week Low Club (ADG, BTI, ESRX, MAC, INDM)

burning-money-pic37The rally has been large enough that even with a sell-off of this magnitude we saw very few stocks on 52-week lows.  Here are the ones hitting new 52-week lows today:

Allied Defense Group Inc. (ADG) hit a low on an intra-day basis, but it was a strange trade that came right back; could even be a trade break.  Low print was $3.82; close at $4.07; prior range was $3.95 to $8.35.

British American Tobacco plc (NYSE: BTI) fell 3.5% to $43.77; prior 52-week range was $44.96 to $80.65.  Do the Brits not smoke more in a recession? Jolly!

Express Scripts Inc. (NASDAQ: ESRX) down 4.5% at $44.09, low was $44.40 and high was $77.97.  When PBM’s do poorly…

Macerich Co. (NYSE: MAC) fell almost 8% to $5.81 but was as low as $5.64; prior trading range was $5.80 to $76.50.  Ouch, 90% off for the REIT.

United America Indemnity, Ltd (NASDAQ: INDM) down 8% at $3.82; prior range $3.92 to $20.22.

JON C. OGG
March 27, 2009

Top 10 Early Bird Analyst Upgrades & Downgrades (BBBY, BTI, PAG, VRTX, MT, STD, CRXL, FMCN, MR, OWW)

These are the ten early bird analyst upgrades and downgrades we have seen early this morning with two and a half hours until the market opens:

  • Bed Bath & Beyond Raised (BBBY) Raised to Neutral from Sell at Goldman Sachs.
  • British American Tobacco (BTI) Raised to Buy at Goldman Sachs.
  • Penske Automotive (PAG) Raised to Buy at Goldman Sachs.
  • Vertex Pharmaceuticals (VRTX) Started as Buy at piper Jaffray.
  • Arcelor Mittal (MT) Cut to Sell from Buy at5 Citigroup.
  • Banco Santander (STD) Cut to Underweight at JPMorgan.
  • Crucell (CRXL) Cut to Hold at ING.
  • Focus Media (FMCN) Downgraded at Citigroup and Goldman Sachs (likely others as well).
  • Mindray Medical International (MR) Downgraded at Citigroup and Goldman Sachs.
  • Orbitz Worldwide (OWW) Cut to Sell at Goldman Sachs.

Jon C. Ogg
November 12, 2008