Barclays Downgrades Foreign Banks STD & BBVA to Underweight Feb 24, 2010 08:05AM

Barclays downgrades Banco Santander (NYSE ...


Notable Analyst Rating Changes 1/5: RSH, QCOM, BIIB, AXL, More Upgraded; CBY, V, BEXP, COG, CXO, More Downgraded Jan 5, 2010 10:56AM

UPGRADES:
Goldman Sachs upgrades RadioShack (NYSE: RSH) to Buy and added the stock to their Conviction Buy List. The firm raised their price target from $21 to $25. Click Here for more color.

JMP Securities upgrades QUALCOMM (NASDAQ: QCOM) from Market Perform to Market Outperform. The firm also set a $60 price target.

Bank of America upgrades Biogen Idec (NASDAQ: BIIB) from Underperform to Neutral. Price target increased from $48 to $58.

Bank of America upgrades American Axle (NYSE: AXL) from Underperform to Neutral. Price target increased from $7 to $9.

Barclays Starts DB, HBC, BBVA at Overweight, IRE, UBS, AIB at Underweight Jan 5, 2010 09:13AM

Barclays Capital has initiated coverage on a litany of European and Latin/South American banks this morning.

Top 15 For 2008 (No. 14): M&A Wreckage Jan 2, 2009 02:21PM

StreetInsider.com has put together its 'Top 15 For 2008' which chronicles our view of the most significant news on Wall Street during the tumultuous year.

Number 14: M&A Wreckage

With the turmoil in the credit markets, 2008 was a horrible year for mergers and acquisitions. Not only were new deals not getting done, deals that were already announced were falling apart left and right. Dealogic said global deal volume was down 29% from a record 2007. Of the deals that did get done, some were fire-sales including Bank of America's (NYSE: BAC) buyout of Merrill Lynch (NYSE: MER) and Wells Fargo's (NYSE: WFC) buyout of Wachovia (NYSE: WB).

Some of the biggest M&A blow-ups in 2008

- The mega-takeover of BCE Inc. (NYSE: BCE) was cancelled.
- The most famous deal that didn't get done in 2008 was from laughingstock Yahoo! (Nasdaq: YHOO). Yahoo! turned down a $31 per share deal ...