UPGRADES:
Rochdale upgrades Wal-Mart (NYSE: WMT) from Hold to Buy, saying it is time to step up and buy. The firm lifted their price targt to $65 per share, implying 25.5% upside. Click here for more color on the upgrade.
Fox-Pitt Kelton upgrades BB & T Corp. (NYSE: BBT) from Underperform ...
Zareba Systems, Inc. (NASDAQ: ZRBA) 43.8% HIGHER; announced, on a preliminary basis, that it expects FY09 sales of $32.2 million, which compares to $34.6 million in the same quarter last year. Meanwhile, income from operations is expected to range from $1.9-$2.0 million, and income before taxes from continuing operations is expected to range from $1.3-$1.4 million for FY09, as compared to losses of $6.3 million and $7.0 million, respectively, for fiscal year 2008. Zareba also announced that it as filed a Schedule 13E-3 and related Information Statement with the Securities and Exchange Commission in connection with a proposed transaction that is intended to result in the voluntary termination of the registration of the Company's common stock under the federal securities laws. Click here for the full report.
BioSante Pharmaceuticals, Inc. (NASDAQ: BPAX) 34.8% HIGHER; today announced positive safety data in its ongoing LibiGel Phase III clinical development program. Here ...
Tucows (NYSE: TCX) 20% HIGHER; reports Q2 EPS of $0.07, compared to $0.03 in the same quarter last year. Revenue for the quarter was $20 million, versus $20.54 million in Q208.
UltraPetrol Bahamas (Nasdaq: ULTR) 15.3% HIGHER; reports Q2 adj-EPS of $0.10, 2 cents better than the analyst estimate of $0.08. Revenue for the quarter was $54.9 million, versus the consensus of $44.92 million.
Harris (NYSE: HRS) 15% HIGHER; reports Q4 EPS of $0.91, 10 cents better than the analyst estimate of $0.81. Revenue for the quarter was $1.29 billion, versus the consensus of $1.21 billion. Raises its FY10 EPS guidance to $3.40-$3.50, versus the consensus of $3.17.
LDK Solar Co., Ltd. (NYSE: LDK) ...
