AstraZeneca plc (NYSE: AZN) Cut to Neutral at UBS.
CenterPoint Energy, Inc. (NYSE: CNP) Cut to Hold at Deutsche Bank.
Central European Distribution Corporation (NASDAQ: CEDC) Started as Buy at Nomura.
Family Dollar Stores Inc. (NYSE: FDO) Cut to Neutral at JPMorgan.
Google Inc. (NASDAQ: GOOG) Started as Buy at B. Riley.
Marriott International Inc. (NYSE: MAR) Reiterated Buy and $46 target at Argus.
MGM Resorts International (NYSE: MGM) Maintained Hold at Argus.
Optimer Pharmaceuticals, Inc. (NASDAQ: OPTR) Started as Neutral at BofA/ML.
Salesforce.com (NYSE: CRM) Raised to Buy at Canaccord Genuity.
Sonus Networks, Inc. (NASDAQ: SONS) Raised to Buy at S&P Equity Research (late-Tuesday call).
Universal Forest Products Inc. (NASDAQ: UFPI) Cut to Underperform as Bear of the Day at Zacks Investment Research.
Whole Foods Market, Inc. (NASDAQ: WFMI) Maintained Outperform as Bull of the Day at Zacks Investment Research.
Xilinx Inc. (NASDAQ: XLNX) Raised to Overweight at JPMorgan.
Yahoo! Inc. (NASDAQ: YHOO) Started as Buy at B. Riley.

You can join our free daily email distribution list to hear more about analyst upgrades and downgrades, top day trader and active trader alerts, dividend trends, news on Buffett and other investment gurus, IPOs, secondary offerings, private equity, and more.

JON C. OGG

Central European Distribution Corp (NASDAQ: CEDC) is down 15% premarket to $19.48, relative to a 52-week range of $20.44-$39.95.

Novavax, Inc. (NASDAQ: NVAX) is up on heavy volume more than 31% premarket to $3.43, relative to a 52-week range of $1.94-%3.05. The pharmaceutical company received a $179 million contract from the government to develop influenza vaccines.

Sonus, Inc. (NASDAQ: SONS) is up 28% premarket on moderate volume to $3.88, above the 52-week range of $2.12-$3.75. The firm projected higher-than expected annual revenue.

YRC Worldwide, Inc. (NASDAQ: YRCW) is down 12.3% premarket to $2.35, relative to a 52-week range of $2.53-$20.00. The company has reached a deal with lenders and union workers to avoid bankruptcy.

BP plc (NYSE: BP) is up after Goldman Sachs raised it to BUY.  Shares are up 3.2% at $42.74.  What is most important about this morning is that this is the highest price in the stock after the backlash of the Deepwater Horizon disaster in the Gulf of Mexico.

Cadence Pharmaceuticals Inc. (NASDAQ: CADX) is down despite its Ofirmev winning FDA approval in fevers and pain treatment.  Shares are down 10.6% at $8.02.

Fushi Copperweld, Inc. (NASDAQ: FSIN) is going private with an offer of $11.50 per share; shares are up 24% at $11.29.

Garmin Ltd. (NASDAQ: GRMN) is getting hit as secular trends against it showed up in its earnings report; Garmin shares are down 8.2% at $30.30.

OpenTable, Inc. (NASDAQ: OPEN) is soaring after beating earnings and if this holds it will mark a new high… The shares are up 15.7% at $71.06 versus a 52-week trading range of $24.20 to $70.45.

Qwest Communications International Inc. (NYSE: Q) is up after beating profit expectations and noting that its CenturyLink merger will still close.  Shares are up 2.4% at $6.83.

Sonus Networks, Inc. (NASDAQ: SONS) said that its latest quarter posted a loss as revenue fell; shares were down 12% earlier but now shares are down ‘only’ 7.5% at $2.96 in active pre-market trading.

Taseko Mines Ltd. (AMEX: TGB) is not a routine name covered, but Canada blocked one of its mining projects; shares are down a whopping 31% at $4.47 on over 1 million shares in the pre-market.

Wynn Resorts Ltd. (NASDAQ: WYNN) is down after earnings met expectations.  The $8 special dividend may be holding the shares up more, but shares are down 3.35% at $108.80 in active pre-market trading.

You can join our free daily email distribution list to hear more about dividend trends, analyst upgrades and downgrades, top day trader and active trader alerts, news on Buffett and other investment gurus, IPOs, secondary offerings, private equity, and more.

JON C. OGG

Amerisafe (AMSF) Raised to Outperform at Oppenheimer.
Applied Micro Circuits (AMCC) Raised to Outperform at Oppenheimer.
Diamond Foods (DMND) Started as Buy at KeyBanc.
Dolby Labs (DLB) Cut to Neutral at JPMorgan.
Goodrich Petroleum (GDP) Started as Underweight at Thomas Weisel.
Flowers Foods (FLO) Started as Buy at KeyBanc.
QLogic (QLGC) Raised to Outperform at Baird.
Red Hat (RHT) Cut to Neutral at Baird.
Sonus Networks (SONS) Cut to Hold at Jefferies.
Urban Outfitters (URBN) Cut to Neutral at Sun Trust Robinson Humphrey.

JON C. OGG

• Barnes & Noble (BKS) Raised to Neutral at JPMorgan.
• Brink’s (BCO) Started as Outperform at Oppenheimer.
• Kellogg (K) Raised to Buy at UBS.
• Navistar (NAV) Started as Buy at Goldman Sachs.
• Omnicare (OCR) Raised to Overweight at Barclays.
• Sonus Networks (SONS) Raised to Buy at Jefferies.
• Turkcell (TKC) Raised to Overweight at Morgan Stanley.

Jon C. Ogg
January 16, 2009

• Applied Micro (AMCC) raised estimates at Goldman Sachs.
• Citrix Systems (CTXS) raised estimates at Goldman Sachs.
• comScore (SCOR) started as Outperform at Oppenheimer.
• eBay (EBAY) downgraded to Hold from Buy at Citigroup (thanks for that timely call Citi, they might get the most useless call of the week); maintained buy but target lowered to $38 at Goldman Sachs.
• F5 Networks (FFIV) raised to Outperform at Baird.
• Garmin (GRMN) raised to Outperform at Oppenheimer.
• LSI (LSI) raised estimates at Goldman Sachs.
• McAfee (MFE) raised to Buy at Citigroup; raised to Outperform at Bear Stearns.
• Microchip Tech (MCHP) raised to Outperform at Morgan Keegan.
• Omniture (OMTR) started as Outperform at Oppenheimer.
• Sonus Networks (SONS) raised to Buy at Cantor Fitzgerald.
• Symantec (SYMC) raised estimates at Goldman Sachs.
• THQ Inc. (THQI) downgraded to Sell at Broadpoint.
• Western Digital (WDC) raised to Buy at Deutsche Bank; estimates raised at Goldman Sachs.

Jon C. Ogg
January 24, 2008

The company also had fairly bad earnings news, although it cannot report GAAP results due to its ongoing options investigation. Based on its review to date, the Sonus expects to report year-over-year revenue growth for the first half of 2007 of 16% – 18%. The company’s performance for the first half of 2007 is principally a reflection of an expected shift in certain operators’ capital spending to the second half of the year. Sonus also expects to report an order-to-revenue ratio that is slightly below 1 for the second quarter, resulting primarily from a longer than expected approval cycle for a significant initial order from a new customer that is now expected in the second half of the year.

"While we achieved solid revenue growth during the 1st half of 2007, we are of course disappointed that we did not reach the even greater revenue growth opportunities we have been targeting due to the shift in capital spending patterns of certain operators," said Hassan Ahmed, Chairman and CEO, Sonus Networks.

Dark day for shareholders.

Douglas A. McIntyre

Stock Tickers: MDRX, CSCO, CCRT, ERTS, LMIA, PAL, PZZA, FACE, SIRI, SONS, TRLG, DIS

Allscripst Healthcare Solutions (MDRX) is trading down over 6% to$25.25 after eraffirming targets after earnings.  Its shares are stillup 70% in 18 months, so reaffirming may not be enough.

Cisco Systems (CSCO) trading down 5.5% to $26.75 after estimates and guidance failed on a "wow-factor" like in prior quarters.

CompuCredit (CCRT) is getting shelled 8% in after-hours to $35.00after posting a loss in the quarter.  It still sees $4.00 or higher EPSfor 2007, but you have to trust them, and their customers are the"undesireables" compared to most financial institutions.

Electronic Arts (ERTS) trading down close to 3% at $51.50 after nextquarter guidance is not up to snuff.  The full year for fiscalMarch-2008 looks ahead, but you have to trust they will deliver in thesame two quarters that Halo 3 and Grand Theft Auto releases will becoming.

LMI Aerospace (LMIA) fell 9% on thin volume after posting lower earnings.

North American Palladium (PAL) rose 9% to $11.11 after Cramer toutedit as a stealthy way to speculate on a nickel play with 22% of itsrevenues coming from nickel.

Papa John’s International (PZZA) traded up 2.2% to $32.50 inafter-hours. Earnings wer elower than last year but guidance had beenbrought in enough that they were able to raise their outlook.

Physicians Formula (FACE) fell nearly 10% after beating guidance but guiding lower for the coming quarter.

Sirius Satellite Radio (SIRI) traded up 1.7% after Cramer noted itin the lightning round as a positive if the governemnt will approve themerger.

Sonus Networks (SONS) traded up 5.7% in normal trading and went upanother 2% in after-hours to $7.95.  Revenues looked a bit light, sothis one is worth a look.

True Religion Apparel (TRLG) traded up almost 4% to $16.27 afterclosing up 3.5% in normal trading.  The company did reiterate 20% salesgrowth for 2007 and put EPS at $1.24 to $1.27 for 2007.

Walt Disney (DIS) fell 2% after meeting expectations, but that’safter trading up almost 1.4% in regular trading.  Shares were close torecent highs.

Jon C. Ogg
May 9, 2007

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

Allscripst Healthcare Solutions (MDRX) is trading down over 6% to $25.25 after eraffirming targets after earnings.  Its shares are still up 70% in 18 months, so reaffirming may not be enough.

Cisco Systems (CSCO) trading down 5.5% to $26.75 after estimates and guidance failed on a "wow-factor" like in prior quarters.

CompuCredit (CCRT) is getting shelled 8% in after-hours to $35.00 after posting a loss in the quarter.  It still sees $4.00 or higher EPS for 2007, but you have to trust them, and their customers are the "undesireables" compared to most financial institutions.

Electronic Arts (ERTS) trading down close to 3% at $51.50 after next quarter guidance is not up to snuff.  The full year for fiscal March-2008 looks ahead, but you have to trust they will deliver in the same two quarters that Halo 3 and Grand Theft Auto releases will be coming.

LMI Aerospace (LMIA) fell 9% on thin volume after posting lower earnings.

North American Palladium (PAL) rose 9% to $11.11 after Cramer touted it as a stealthy way to speculate on a nickel play with 22% of its revenues coming from nickel.

Papa John’s International (PZZA) traded up 2.2% to $32.50 in after-hours. Earnings wer elower than last year but guidance had been brought in enough that they were able to raise their outlook.

Physicians Formula (FACE) fell nearly 10% after beating guidance but guiding lower for the coming quarter.

Sirius Satellite Radio (SIRI) traded up 1.7% after Cramer noted it in the lightning round as a positive if the governemnt will approve the merger.

Sonus Networks (SONS) traded up 5.7% in normal trading and went up another 2% in after-hours to $7.95.  Revenues looked a bit light, so this one is worth a look.

True Religion Apparel (TRLG) traded up almost 4% to $16.27 after closing up 3.5% in normal trading.  The company did reiterate 20% sales growth for 2007 and put EPS at $1.24 to $1.27 for 2007.

Walt Disney (DIS) fell 2% after meeting expectations, but that’s after trading up almost 1.4% in regular trading.  Shares were close to recent highs.

Jon C. Ogg
May 8, 2007

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