It’s Monday, February 22, 2010. At this hour, US equity futures are trading higher. Overseas, the Asian markets were mixed, while the European markets are also mixed. Today’s UPGRADES include: Viacom (VIA.B) upgraded to Buy from Hold at Deutsche Bank…Skyworks (SKWS) upgraded to Buy from Hold at Deutsche Bank…US Bancorp (USB) upgraded to Buy from Neutral at Rochdale. DOWNGRADES: lifepoint Hospitals (LPNT) downgraded to Market Perform from Outperform at Wells Fargo. Evergreen Solar (ESLR) downgraded to Underweight from Equal Weight at Barclays. LDK Solar (LDK) downgraded to Underweight from Equal Weight at Barclays Hot News: Schlumberger (SLB) and Smith International (SII) jointly announced that their boards of directors have unanimously approved a definitive merger agreement in which the companies would combine in a stock-for-stock transaction…Sears’ (SHLD) Craftsman brand will now be sold through Ace Hardware stores, beginning in May…Novartis (NVS) announced that Menveo, a vaccine was approved by the FDA for active immunization to prevent invasive menin-goc-o-ccal disease caused by Nees-seria meningitis in people 11 to 55 years of age…Amgen (AMGN) announced that the FDA has evaluated the content of the company’s Complete Response submission for Prolia, denosumab, in the treatment of postmenopausal osteoporosis and classified it as a Class 2 resubmission
Tuesday, February 23rd 2010
The Fly On The Wall Market Snapshot
posted @ 10:52 pm in [ WomenHealth ]
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