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Top Pre-Market analyst Downgrades (CEO, EXC, LLTC, NRG, PVH, POWI, TXN, WFMI)

These are some of the top pre-market analyst downgrades and negative calls we are seeing from Wall Street this Tuesday morning: CNOOC (CEO) Cut to Hold at Deutsche bank. Excelon (EXC) Cut to Hold at Jefferies. Linear Tech (LLTC) Cut…

By Douglas A. McIntyre
Published October 21, 2008, 7:01am ET · 1 min read

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Down_arrow_redThese are some of the top pre-market analyst downgrades and negative calls we are seeing from Wall Street this Tuesday morning:

  • CNOOC (CEO) Cut to Hold at Deutsche bank.
  • Excelon (EXC) Cut to Hold at Jefferies.
  • Linear Tech (LLTC) Cut to Market Perform at Raymond James.
  • NRG Energy (NRG) Cut to Hold at Jefferies.
  • Phillips-Van Heusen (PVH) Cut to Neutral at JPMorgan.
  • Power Integrations (POWI) Cut to Market Perform at Raymond James.
  • Texas Instruments (TXN) Cut to Market Perform at Raymond James.
  • Whole Foods (WFMI) Cut to Underperform at Jefferies.

Jon C. Ogg
October 21, 2008

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Douglas A. McIntyre

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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