Posts for Ticker ‘EGLE’

Dry Bulk Shipping Stocks Rally

Tickerspy’s Dry Bulk Shipping Stock Index (*DBULK) rose 5.1% today, beating the S&P 500 by 1.3.%.  Dry shipping stocks were given a boost by upgrades today.  Deutsche Bank upgraded Genco (NYSE: GNK), Euroseas Ltd (NASDAQ: ESEA), and Eagle Bulk Shipping (NASDAQ: EGLE) today.  All three made major moves today.

Over half of the dry shipping stocks in the Tickerspy index has risen over 100% off of their 52-week lows.  The industry was placed in serious jeopardy as global trade entered a state of decline during the credit crunch.  Shipping rates fell dramatically as recently as this summer, but have been on the rise in recent months.

Garrett W. McIntyre

Top Analyst Downgrades (EGLE, IHG, NE, PHG)

These are the top pre-market analyst downgrades we have seen early this Friday morning with more than two and a half hours until the open:

Eagle Bulk Shipping, Inc. (EGLE) Cut to Sell at Cantor Fitzgerald.
InterContinental Hotels (IHG) Cut to Hold at Jefferies.
Noble Energy (NE) Cut to Market Perform at FBR.
Philips (PHG) Cut to Neutral at UBS.

JON C. OGG

Top Analyst Upgrades & Downgrades (EXPE, F, JNJ, CTXS, DSX, EGLE, GM, JCI, HOT, URBN)

These are the top upgrades and downgrades from Wall Street analysts this Friday morning:

Expedia (EXPE) Raised to Buy at Citigroup.
Ford (F) Started as Buy at UBS.
Johnson & Johnson (JNJ) Raised to Buy at UBS.
Citrix Systems (CTXS) Cut to Market Weight at Thomas Weisel.
Diana Shipping (DSX) Cut To Market Perform at Wachovia.
Eagle Bulk Shipping (EGLE) Cut To Market Perform at Wachovia.
General Motors (GM) Started as Sell at UBS.
Johnson Controls (JCI) Started as Buy at UBS.
Starwood Hotels (HOT) Cut to Underperform at FBR.
Urban Outfitters (URBN) Cut to Neutral at Cowen & Co.

JON C. OGG

March 20, 2009

Top Pre-Market Analyst Upgrades (AGN, T, CCL, CB, EGLE, FMX, HR, MYL, TEVA)

money-stack-imageThese are the top pre-market analyst upgrades and positive research calls from Wall Street we have seen this Wednesday morning with more than two hours until the market opens:

  • Allergan (AGN) Started as Outperform at Credit Suisse.
  • AT&T (T) Raised to Overweight at JPMorgan.
  • Carnival (CCL) Raised to Outperform at Credit Suisse.
  • Chubb (CB) Raised to Buy at UBS; Started as Outperform at RBC.
  • Eagle Bulk Shipping (EGLE) Raised to Outperform at Wachovia.
  • FEMSA (FMX) Started as Overweight at Barclays.
  • Healthcare Realty Trust (HR) Raised to Outperform at KBW.
  • Mylan Labs (MYL) Started as Outperform at Credit Suisse.
  • Teva Pharmaceutical (TEVA) Started as Outperform at Credit Suisse.

Jon C. Ogg
February 25, 2009

Early Bird Analyst Upgrades & Downgrades (CPHD, SCHW, DSX, GYMB, WIN, AMED, EGLE, NMM, SOL, PAY)

Money_stack_picThese are some of the top early bird analyst upgrades and downgrades we are seeing this Thursday morning:

  • Cepheid (CPHD) Started as Buy at Needham.
  • Charles Schwab (SCHW) Raised to Market Perform at FBR.
  • Diana Shipping (DSX) Raised to Overweight at JPMorgan.
  • Gymboree (GYMB) Raised to Overweight at JPMorgan.
  • Windstream (WIN) Raised to Overweight at JPMorgan.
  • AMEDISYS (AMED) Cut to Hold at Deutsche Bank.
  • Eagle Bulk Shipping (EGLE) Cut to Underweight at JPMorgan.
  • Navios Maritime Partners (NMM) Cut to Neutral at JPMorgan.
  • ReneSola Ltd. (SOL) Cut to Neutral at Credit Suisse.
  • Verifone (PAY) Cut to Underweight from overweight at JPMorgan.

Jon C. Ogg
November 20, 2008

Top Pre-Market Analyst Downgrades (ASH, BWA, DSX, EGLE, MGM, PAAS, SONO)

Down_arrow_redThese are some of the top analyst downgrades we are seeing from Wall Street this Thursday morning with about two hours to the open:

  • Ashland (ASH) Cut to Neutral at JPMorgan.
  • Borg Warner (BWA) Cut to Neutral at Baird.
  • Diana Shipping (DSX) Cut to Market Perform at Wachovia.
  • Eagle Bulk Shipping (EGLE) Cut to Market Perform at Wachovia.
  • MGM Mirage (MGM) Cut to Hold at KeyBanc.
  • Pan American Silver (PAAS) Cut to Neutral at JPMorgan.
  • SonoSite (SONO) Cut to Sell at Goldman Sachs.

Jon C. Ogg
October 30, 2008

Earlybird Analyst Calls (June 19, 2007)

ACLI cut to Hold at Deutsche Bank.
ACOR raised to Buy at B of A.
AGO cut to Underweight at JPMorgan.
ANAD started as Buy at Oppenheimer.
ANET cut to Neutral at Baird.
ATHR started as Buy at Oppenheimer.
AV cut to Mkt Perform at JMP Securities.
BAC raised to Buy at UBS.
BEAS cut to Neutral at UBS.
CHD started as Buy at Sun Trust Robinson Humphrey.
CI raised to Neutral at B of A.
EGLE started as Neutral at JPMorgan.
EPIC started as Buy at Sun Trust Robinson Humphrey.
GNK started as Overweight at JPMorgan.
GNTX raised to Buy at B of A.
KNX raised to Outperform at Wachovia.
LCC raised to Neutral at UBS.
MCHP cut to Mkt Perform at Piper Jaffray.
QMAR started as Neutral at JPMorgan.
SDXC started as Buy at Kaufman Bros.
SKH started as Buy at Jefferies.
SRE raised to Buy at Citigroup.
TZIX started as Buy at Deutsche Bank.
WERN raised to Outperform at Wachovia.
YRCW cut to Mkt Perform at Wachovia.

Jon C. Ogg
June 19, 2007

Jon Ogg can be reached at jonogg@247wallst.com; he does not own securities in the companies he covers.