Deutsche Bank
Deutsche Bank is a leading global investment bank with a strong and profitable private clients franchise.
The company operates through three divisions: Corporate and Investment Bank (CIB), Private Clients and Asset Management (PCAM) and Corporate Investments (CI) . The CIB division engages in the origination, sale, financing, structuring, and trading of fixed income, equity, equity-linked, convertible bond, foreign exchange, and commodities products. The PCAM segment provides portfolio/fund management products, including active fund management, passive/quantitative fund management, alternative investments, and discretionary portfolio management solutions in Germany and other continental European countries.UPGRADES:
Goldman Sachs upgraded OfficeMax Inc. (NYSE: OMX) from Neutral to Buy, and set a $14 price target.
Bernstein upgrades Texas Instruments (NYSE: TXN) from Market Perform to Outperform. Price target increased by $2 to $30.
Morgan Keegan upgrades RADVISION Ltd. (NASDAQ: RVSN) from Underperform to Market Perform. Oscar Gruss also upgraded RADVision Ltd ...
UPGRADES:
JP Morgan upgrades Office Depot (NYSE: ODP) from Neutral to Overweight. Click here for more color on the upgrade.
Goldman Sachs upgrades J. Crew Group, Inc. (NYSE: JCG) from Sell to Neutral and took the stock off its Conviction Sell List. The stock was also ...
StreetInsider.com Morning Movers:
Citigroup, Inc. (NYSE: C) 15% HIGHER; Continues higher after yesterday's 38% move up after comments from the CEO that that the bailed-out bank was profitable in the first two months of this year.
ExlService Holdings, Inc. (Nasdaq: EXLS) 11% HIGHER; reports Q4 EPS of $0.12, which may not compare to the analyst estimate of ($0.02). Revenues for the quarter were $43.51 million, versus the consensus of $40.71 million. Sees FY09 sales of $170-$175 million, versus the consensus of $182.84 million.
Bank of America (NYSE: BAC) 12% HIGHER; Continues higher after yesterday's 28% move up.
The Cheesecake Factory (Nasdaq: CAKE) 11% HIGHER; Goldman upgrades to Buy. MORE
J. Crew Group, Inc. (NYSE: JCG) 10% HIGHER; reports Q4 loss of $0.20, 7 cents better than the analyst estimate of ($0.27). Revenues for the quarter were $388 million, versus the consensus of $372.79 million. Same store sales fell 13 ...
UPGRADES:
Merrill Lynch upgrades Merck (NYSE: MRK) upgraded from Neutral to Buy, citing valuation.
Keefe, Bruyette and Woods upgrades BB&T Corporation (NYSE: BBT) from Underperform to Market Perform. Price target $20.
Goldman Sachs upgrades Sigma-Aldrich (Nasdaq: SIAL) from Sell ...
UPGRADES:
Merrill Lynch upgrades CBS Corp (NYSE: CBS) from Underperform to Neutral.
Oppenheimer upgrades Watsco (NYSE: WSO) from Underperform to Perform.
Soleil Securities upgrades U.S. Steel (NYSE: X) from Hold to Buy but lowers their price ...
