These are some of the top upgrades or positive calls we are seeing from analysts this Thursday morning:

• Anglo American (AAUK) Raised to Strong Buy at S&P (late Weds. call).
• Arch Coal (ACI) Raised to Buy at UBS.
• BB&T Corp. (BBT) Raised to Buy at S&P.
• Central European Media (CETV) Raised to Buy at Citigroup.
• Foundation Coal (FCL) Raised to Buy at UBS.
• Jack Henry (JKHY) Cut to Hold at Needham; Cut to Neutral at D.A. Davidson.
• Massee Energy (MEE) Raised to Buy at UBS.
• WellCare Group (WCG) Started as Buy at B of A.

Jon C. Ogg
August 21, 2008