Credit Suisse
Credit Suisse Group operates as a financial services company. The company operates in three segments: Investment Banking, Private Banking, and Asset Management.
The Investment Banking segment supplies investment banking and securities products and services to corporate, institutional, and government clients worldwide.
The Private Banking segment offers investment advice; wealth management solutions, including pension planning, life insurance products, and tax and wealth planning; and inheritance advice, which is tailored to the needs of high-net-worth individuals.
The Asset Management segment supplies products from the investment classes, such as money market, fixed-income, equities, balanced, and alternative investments to meet the needs of institutional, government, and private clients worldwide.
UPGRADES:
Morgan Stanley (NYSE: MS) upgraded by two firms:UBS from Neutral to Buy; and
Cedit Suisse from Neutral to Outperform.Barclays and Jesup & Lamont upgrade Boeing (NYSE: BA). Barclays upgrades from Equal Weight to Overweight with a $65 price target. Jesup & Lamont upgraded BA from Buy to Hold with a price target of $63. Click Here for more color from Jesup & Lamont.
Citi upgrades UnitedHealth Group (NYSE: UNH) from Hold to Buy. Price target increased from $30 to $39.
Robert W. Baird upgrades Intel (NASDAQ: INTC) from Neutral to Outperform and raises their price target to $26.
Goldman Sachs upgrades Ultra Petroleum Corp ...
3Par (NYSE: PAR) is a small company this is making a strong case as a potential take over target in the electronic data storage industry, Barron's reports today. The company, with competitors such as EMC (NYSE: EMC), IBM (NYSE: IBM), and Hitachi (NYSE: HIT), maintains a 65% gross margin, and introduced newer technologies than it's competitors in 2009.
Those ...
The Trading Radar highlights key earnings and economic announcements for tomorrow's trading session:
Before Market Opens:
Economics:
8:30am ETInitial Jobless Claims – Street Sees 517KEarnings:
Akeena Solar (NASDAQ: AKNS) – consensus loss $0.10
Alaska Air Group, Inc. (NYSE: ALK) – consensus EPS $2.26
Alexion Pharmaceuticals (NASDAQ: ALXN) - consensus EPS $0.21
AT&T (NYSE: T) - consensus EPS $0.50
Bunge Limited (NYSE: BG) – consensus EPS $1.47
Cabot Microelectronics(NASDAQ: CCMP) – consensus EPS $0.36
Cash America International (NYSE: CSH) – consensus $0.72
CONMED (NASDAQ: CNMD) – consensus EPS $0.16
Credit Suisse Group (NYSE: CS) – no consensus
Danaher (NYSE: DHR) - consensus EPS $0.86
Delta Air Lines, Inc (NYSE: DAL) – consensus loss $0.05
Digirad Corporation (NASDAQ: DRAD) – no consensus
Eagle Materials Inc. (NYSE: EXP) – consensus EPS $0.28
Ensco International (NYSE: ESV) – consensus EPS $1.04
Fifth Third Bancorp (NASDAQ: FITB) – consensus loss $0.17
First Commonwealth ...
UPGRADES:
Baird upgrades Knight Transportation (NYSE: KNX) from Neutral to Outperform. Price target increased $2 to $21.
Stifel Nicolaus upgrades IAC/InterActiveCorp (Nasdaq: IACI) from Hold to Buy.
Credit Suisse upgrades Con-way (NYSE: CNW) from Underperform to Neutral.
Morgan Joseph upgrades Pinnacle Entertainment ...
The Trading Radar highlights key earnings and economic announcements for tomorrow's trading session:
Before Market Opens:
Economics:
8:30am ET
Initial Jobless Claims for the week of 7/18 - Street expects 558KEarnings:
ABB (NYSE: ABB) - consensus EPS $0.28
AT&T (NYSE: T) - consensus EPS $0.51
Bunge (NYSE: BG) - consensus EPS $0.68
Celgene (Nasdaq: CELG) - consensus EPS $0.46
Chicago Mercantile Exchange (NYSE: CME) - consensus EPS $3.23
CIT Group (NYSE: CIT) - consensus loss $1.83
Danaher (NYSE: DHR) - consensus EPS $0.88
Fifth Third (Nasdaq: FITB) - consensus loss $0.34
Ford (NYSE: F) - consensus loss $0.52
Goodrich (NYSE: GR) - consensus EPS $1.11
Huntington ...
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Notable Analyst Rating Changes 6/24: FCX, BDK, DB, EMC Upgraded; WFR, BA, CTRP Downgraded
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David Moenning's Daily State of the Markets: 6/24
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David Moenning's Daily State of the Markets: 4/23
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Trading Radar for 4/23: Amazon (AMZN), Microsoft (MSFT), AmEx (AXP), ConocPhillips (COP), UPS (UPS), Philip Morris Int'l (PM), Union Pacific (UNP), Potash (POT), SunPower (SPWRA) Report
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Notable Analyst Rating Changes 3/13: HIBB, FWLT, HAL Upgraded; EMC, NOV, BJS, DKS Downgraded
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David Moenning's Daily State of the Markets: 7/23
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Notable Analyst Rating Changes 5/20: NFLX, CEO, PKX Upgraded; ECA, SEE, BTU, EMC Downgraded
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Pre-Open Movers 5/20: Netflix (NFLX) Higher On Upgrade, SMART Modular (SMOD) Sinks on Warning
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Notable Analyst Rating Changes 2/26: RAD, OXY, MA, EMC Upgraded; PTR, DLM, R Downgraded
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David Moenning's Daily State of the Markets: 1/29
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Pre-Open Movers 1/29: Quintana Maritime (QMAR) Higher On Buyout, Zoran (ZRAN) On Guidance
