Citigroup (C) may earn $20 billion in 2012 (FT)

Macquarie Group, Australia’s largest investment bank, is on the hunt for more U.S. assets. (Bloomberg)

Regulators have told Bank of America (BAC) management that the financial firm must become “much smaller” (Fox Business).

Apple (AAPL) is still making changes to the iPad ahead of its April 3 launch.  (Forbes)

Biotechs Dendreon (DNDN), Allos Therapeutics (ALTH), Alexion Pharmaceuticals (ALXN) and Auxilium Pharmaceuticals (AUXL) are probable takeover targets (Barron’s)

Douglas A. McIntyre

Astellas Pharma may have competing bids in it effort to takeover OSI Pharmaceuticals (NYT)

The FDIC will sell $1.8 billion of guaranteed asset-backed debt (IFR).

Diageo could bid as much as 624 million pounds to buy Sichuan Shui Jing Fang, the fourth largest spirits company in China (Reuters)

The Senate Banking Committee is close to a compromise on bank reform which would put consumer watchdog powers with the Fed (CNBC)

News Corp (NWS) may make a bid for Monster (MWW) (Barron’s)

Dendreon’s (DNDN) prostrate drug Provenge may be reviewed by an FDA advisory panel (TheStreet)

Douglas A. McIntyre

Dendreon Corp. (NASDAQ: DNDN) Started as Overweight and $46 target at JPMorgan.
E*TRADE Financial (NASDAQ: ETFC) Started as Market Perform and $1.70 Target at KBW.
Evergreen Solar Inc. (NASDAQ: ESLR) Cut to Underweight at Barclays.
Human Genome Sciences (NASDAQ: HGSI) Resumed at Buy at BofA/Merrill Lynch.
LDK Solar Co.Ltd. (NYSE: LDK) Cut to Underweight at Barclays.
Lifepoint Hospitals (NASDAQ: LPNT) Cut to Market Perform at Wells Fargo.
Monster Worldwide, Inc. (NYSE: MWW) Raised to Buy at Stifel Nicolaus.
PNC Financial (NYSE: PNC) Raised to Outperform at Bernstein.
Skyworks Solutions Inc. (NASDAQ: SWKS) Raised to Buy at Deutsche Bank.
Suntech Power Holdings Co. Ltd. (NYSE: STP) Cut to Equal Weight at Barclays.
Vishay Intertechnology Inc. (NYSE: VSH) Cut to Market Weight at Thomas Weisel.

You are invited to join our free daily email distribution list to hear about top analyst upgrades and downgrades, IPOs and secondary offerings, ongoing day trader and options trader alerts, stock and market rumors, Buffett and guru investor news, M&A and more.

JON C. OGG

Dendreon Corporation (NASDAQ: DNDN) is down only 1% on this discounted secondary offering.

CIENA Corporation (NASDAQ: CIEN) is trying to find a bottom with a gain after yesterday’s lows matched previous lows seen.

Deer Consumer Products, Inc. (NASDAQ: DEER) is today’s top day trader alert… huge discount on secondary offering for the appliances maker in China.

Sunesis Pharmaceuticals Inc. (NASDAQ: SNSS) is continuing yesterday’s run so far after doubling.

Christopher & Banks Corp. (NYSE: CBK) is up 16% and appears to be the top gainer for NYSE stocks this morning.

You can join our open email distribution list to hear more news on key analyst calls, top day trader alerts, mergers and acquisitions, Buffett and other investment gurus, IPOs, secondary offerings, private equity, and more.

Jon C. Ogg

We have given new options data and pivot points for Apple Inc. (NASDAQ: AAPL) now that the stock has gotten out of that solid trend and has entered into a technical no-man’s land.

Sequenom Inc. (NASDAQ: SQNM) is up over 6% at a short squeeze is being caused by a very weak upgrade.

Netlist Inc. (NASDAQ: NLST) is up over 6% and seems to be just riding market coat tails.

Dendreon Corp. (NASDAQ: DNDN) is down only 1% on a planned 15 million share secondary offering.

Texas Instruments Incorporated (NYSE: TXN) is down over 2% on profit taking as raised guidance was baked in.

AVANIR Pharmaceuticals, Inc. (NASDAQ: AVNR) has taken the leader board for top gainers as a small-cap active biotech stock.

You can join our open email distribution list to hear more news on key analyst calls, top day trader alerts, mergers and acquisitions, Buffett and other investment gurus, IPOs, secondary offerings, private equity, and more.

JON C. OGG

CIT Group Inc. (NYSE: CIT) is actually very thin volume as no NYSE trades are seen, but it is down by almost half on its bankruptcy filing.

Dendreon Corp. (NASDAQ: DNDN) is trading over 5% higher after filing for PROVENGE approval with the FDA.

Ford Motor Co. (NYSE: F) is trading up about 7% this morning on high volume.  It actually made money.

Human Genome Sciences, Inc. (NASDAQ: HGSI) is trading up over 30% at multi-year highs on its positive lupus study data at the higher dose.

Motorola Inc. (NYSE: MOT) is running rather well today.  The troubled phone and communications maker is up about 5% on an analyst upgrade and on a report in Barron’s.

You can join our open email distribution list to get updates on top analyst upgrades and downgrades, top day trader alerts, IPO’s, secondary offerings, Warren Buffett and other guru activity, M&A and more.

JON C. OGG

Reuters:   The debt swap at CIT (NYSE:CIT) is in trouble and could cause bankruptcy.

Reuters:   Summers says Obama policies saved economy.

Reuters:   Bank of America (NYSE:BAC) has begun to hand over legal documents to authorities.

Reuters:   T-Mobile (NYSE:DT) users are facing a data loss because of Microsoft (NASDAQ:MSFT) server troubles.

Reuters:   China’s super-rich are bouncing back from the crisis.

WSJ:   Cost cuts at American companies are lifting profits but hurting the economy.

WSJ:   Obama has shelved a plan to tax multinational companies up to $200 billion.

WSJ:   There is a plan to link major energy grids in the US.

WSJ:   Insurance companies are pushing back on healthcare legislation.

WSJ:   Regulators are looking at whether high speed trading could hurt markets.

WSJ:   Summers outlined the risks to the recovery.

WSJ:   China is trying to cut steel capacity.

WSJ:   AIG (NYSE:AIG) sold its Taiwan unit for over $2 billion.

WSJ:   The Ghanaian government is divided about giving an oil deal to the Chinese or Exxon (NYSE:XOM)

WSJ:   China Investment Corp is buying financial assets in China and abroad.

WSJ:   Sandisk (NASDAQ:SNDK) upgraded its flash technology.

WSJ:   Intel (NASDAQ:INTC) is likely to remain one of the star NASDAQ companies.

WSJ:   Dendreon (NASDAQ:DNDN) shot up.

WSJ:   Retailers are offering novel gift cards to help sell products.

WSJ:   Bloomberg is the front-runner to buy BusinessWeek (NYSE:MHP)

NYT:   Disney (NYSE:DIS) will overhaul many of its stores.

NYT:   Small businesses are facing tightening credit.

NYT:    Bank of America (NYSE:BAC), GE (NYSE:GE), and other companies are starting ad campaigns about a bright future.

NYT:   The pace of losses is slowing at banks.

NYT:   Fewer viewers are watching shows on DVR.

FT:   JPMorgan (NYSE:JPM) is trying to calm fears about its UK unit.

FT:   The weak US recovery is being blamed on slow demand.

FT: “The US wants to have technology for coal-fired power stations to capture and store their carbon dioxide emissions ready for commercial deployment within a decade.”

Bloomberg: Treasuries are up based on anticipation that retail sales will be slow.

Douglas A. McIntyre

Black & Decker (NYSE: BDK) is running on significantly higher guidance.

Digital River, Inc. (NASDAQ: DRIV) is one of the biggest losers after Symantec is terminating a contract.

Dendreon Corporation (NASDAQ: DNDN) is surging over 5% on new solid board member additions to help it transition.

DepoMed, Inc. (NASDAQ: DEPO) is down over 30% after missing some hot flash trial endpoints.

KB Home (NYSE: KBH) is being hit by 5% on an SEC inquiry disclose.

ONYX Pharmaceuticals, Inc. (NASDAQ: ONXX) is trading up despite it acquiring a private company.

Visa Inc. (NYSE: V) is set to challenge 52-week highs on an upgrade.

You can join our open email distribution list to get updates each morning on analyst upgrades and downgrades, top day trader alerts, IPO’s and secondary offerings, Warren Buffett and other guru activity, M&A and more.

JON C. OGG

Blue Coat Systems (BCSI) started as Buy at BofA/Merrill.
Covance (CVD) upgraded to Buy at Jefferies.
DealerTrack Holdings (TRAK) upgraded to Outperform at Cowen.
Dendreon (DNDN) Started as Outperform at Leerink Swann.
DISH Network (DISH) upgraded to Outperform at Wells Fargo.
Gymboree (GYMB) upgraded to Outperform at FBR Capital.
Hewlett-Packard (HPQ) upgraded to Outperform at Credit Suisse.
Macy’s (M) upgraded to Buy at Citigroup.
Peabody Energy (BTU) upgraded to Buy at Citigroup.
Petsmart (PETM) Started as Overweight at Thomas Weisel.
US Steel (X) upgraded to Neutral at BofA/Merrill.

You can join our open email distribution list which goes out several times per week for top analyst upgrades and downgrades, top day trader alerts, IPO’s, key secondary offerings, guru investor data on Buffett and others, mergers, and more.

JON C. OGG

Best Buy Co. (NYSE: BBY) is holding up better than many might guess considering how much it has run up. This is after light earnings.

BioCryst Pharmaceuticals Inc. (NASDAQ: BCRX) is fairly close to 52-week highs after signing three partnerships for Peramivir for influenza outside the U.S.

Citigroup Inc. (NYSE: C) is down but only marginally on reports of a ‘possible’ stake sale by The U.S. Government.

Dendreon Corp. (NASDAQ: (DNDN) is giving back a portion of yesterday’s gains on merger rumors.

ING Group (NYSE: ING) will be an active ADR today after the EU may block a settlement.

Lexicon Pharmaceuticals, Inc. (NASDAQ: LXRX) is surging as a top bio-winner after moving to Phase 2 clinical trial of LX4211 in patients with type 2 diabetes.

Yahoo! Inc. (NASDAQ: YHOO) is soaring to highs not seen since July on yet another upgrade.

You can join our open email distribution list which goes out several times per week for top day trader alerts, top analyst upgrades and downgrades, IPO’s, key secondary offerings, guru investor data on Buffett and others, mergers, and more.

JON C. OGG
September 15, 2009