Matrix USA Rating Changes 5/13
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- Apache Declares Cash Dividends on Common and Preferred Shares
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- Avanex(R) Introduces PureGain(TM) PG300 Series Small Form Factor Amplifier
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Upgrades:
Apache (NYSE: APA) from Buy to Strong Buy; Archer-Daniels-Midland (NYSE: ADM) from Buy to Strong Buy; Carrizo Oil & Gas (Nasdaq: CRZO) from Strong Sell to Sell; Crosstex Energy (Nasdaq: XTXI) from Strong Sell to Sell; Deutsche Telekom (NYSE: DT) from Buy to Strong Buy; Duke Energy (NYSE: DUK) from Buy to Strong Buy; El Paso (NYSE: EP) from Buy to Strong Buy; Farmer Bros (Nasdaq: FARM) from Strong Sell to Sell; Fiserv (Nasdaq: FISV) from Strong Sell to Sell; Hughes Communications (Nasdaq: HUGH) from Buy to Strong Buy; Jarden (NYSE: JAH) from Buy to Strong Buy; Maximus (NYSE: MMS) from Buy to Strong buy; Murphy Oil (NYSE: MUR) from Buy to Strong Buy; Oneok (NYSE: OKE) from Buy to Strong Buy; Pepco Holdings (NYSE: POM) from Buy to Strong Buy; Playboy Enterprises (NYSE: PLA) from Strong Sell to Sell; Trane (NYSE: TT) from Strong Sell to Sell;
Downgrades:
Avanex (Nasdaq: AVNX) from Strong Buy to Buy; Bank of America (NYSE: BAC) from Strong Buy to Buy; Brooks Automation (Nasdaq: BRKS) from Strong Buy to Buy; Dynegy (NYSE:DYN) from Strong Buy to Buy; Genco Shipping & Trading (NYSE: GNK) from Sell to Strong Sell; Salix Pharmaceuticals (Nasdaq: SLXP) from Strong Buy to Buy; Vulcan Materials (NYSE: VMC) from Sell to Strong Sell; [BCS]
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