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Top Pre-Market Analyst Upgrades (BNI, CMP, CSX, MET, MXB, NI, PLL, XEL)

247wallst — Fri, 03 Oct 2008 06:41:22 +0000

These are some of the top upgrades from Wall Street analysts we are seeing this Friday morning with about two hours to the open.

Burlington Northern (BNI) Raised to Overweight at JPMorgan.
Compass Minerals (CMP) Raised to Overweight at JPMorgan.
CSX Corp. (CSX) Raised to Overweight at JPMorgan.
MetLife (MET) Raised to Outperform at KBW.
MSCI (MXB) Raised to Outperform at KBW.
NiSource (NI) Raised to Neutral at Merrill Lynch.
Pall Corp. (PLL) Raised to Buy at Merrill Lynch.
Xcel Energy (XEL) Raised to Buy at Merrill Lynch.

Jon C. Ogg
October 3, 2008

Posted in Analyst Calls Tagged: BNI, CMP, CSX, MET, MXB, NI, PLL, XEL

Top 10 Pre-Market Analyst Calls (BBY, CLMS, FDRY, GHL, HUGH, JEF, LM, MCK, MXB, PNRA)

247wallst — Fri, 06 Jun 2008 06:29:33 +0000

These are ten of the analyst calls we are focusing on this Friday morning:

Best Buy (NYSE: BBY) Cut to Hold from Buy at Deutsche Bank.
Calamos Asset Management (NASDAQ: CLMS) Cut to Underperform at Credit Suisse.
Foundry Networks (NASDAQ: FDRY) Cut to Neutral from Buy at Bank Of America.
Greenhill (NYSE: GHL) Cut To Market Perform from Outperform at Wachovia.
Hughes Communications (NASDAQ: HUGH) Started as Overweight at Lehman Brothers.
Jefferies Group (NYSE: JEF) cut to Market Perform at KBW.
Legg Mason (NYSE: LM) Raised to Neutral at Credit Suisse.
McKesson (NYSE: MCK) started as Market Outperform at JMP Securities.
MSCI Inc. (NYSE: MXB) started as Buy at UBS.
Panera Bread (NASDAQ: PNRA) Raised to Buy from Neutral at Piper Jaffray.

Jon C. Ogg
June 6, 2008

Morgan Stanley Already Filing To Lower MSCI Stake (MXB, MS)

247wallst — Fri, 11 Apr 2008 07:00:19 +0000

MSCI Inc. (NYSE: MXB) has filed to sell up to 30,861,235 shares in a secondary offering. Unfortunately, all of the shares are from selling holders. Those selling holders are Morgan Stanley (NYSE: MS) and Capital Group International, Inc, so none of the sold shares will go to MSCI’s coffers.

MSCI is provider of investment decision support tools to investment institutions. It produces index and risk and return portfolio analytics for use in managing investment portfolios, which are used by institutions in equity, fixed income and multi-asset class instruments.

Based on yesterday’s prices of $27.01 in the filing, this would allow a sale of up to $833 million. Its market cap is $2.85 Billion as a reference to the size of the potential securities sale. Shares closed at $28.49 yesterday and the trading range since its November 2007 IPO is $22.06 to $38.40.

Morgan Stanley is the majority owner, hence the MSCI name.

You can join our open email distribution list to hear about special financings, secondary offerings, IPO’s, M&A, and more previews for other special situations in various stages.

Jon C. Ogg
April 11, 2008

Jon Ogg produces the Special Situation Investing Newsletter. He can be reached at jonogg@247wallst.com and he does not own securities in the companies he covers.