Notable Analyst Rating Changes 11/06: GE, CBS, HD/LOW, M Upgrade; ESLR, RMD, SUN Downgrade Nov 6, 2009 11:00AM

UPGRADES:
Oppenheimer upgraded General Electric (NYSE: GE) today from Perform to Outperform and raised their price target from $17 to $18. Sandford C. Bernstein also upgraded General Electric from Market Perform to Outperform and raised their price target from $18 to $19. Investors are reacting positively to the two upgrades of General Electric (NYSE: GE) today.

Piper Jaffray upgrades CBS Corporation ...


Treasury Renewable Energy Cash Grants Boosts Solar Stocks (TAN, JASO, LDK, STP, SPWRA) Jul 9, 2009 03:14PM

Besides a much needed relief rally, the run-up in solar stocks today is likely realted to news the U.S. will provide renewable projects with cash grants in lieu of the 30% investment tax credit.

Today, the U.S. Treasury and U.S. Department of Energy announced an estimated $3 billion for the development of renewable energy projects around the country and made available the guidance businesses will need ...


Morning Movers 7/2: ELN, QUIK, ESLR Higher; DSCO, LEA, SEPR, ILMN, MANH Lower Jul 2, 2009 09:32AM

Discovery Laboratories (Nasdaq: DSCO) 53% LOWER; learned that the FDA will now apply a newly-defined standard to determine whether Discovery Labs has adequately demonstrated comparability of Surfaxin clinical to commercial drug product. This new standard represents a significant hurdle for approval of Surfaxin.

Lear Corporation (NYSE: LEA) 22% LOWER; NYSE Regulation has determined that the common stock of Lear Corporation (NYSE: LEA) should be suspended immediately, saying it is no longer suitable for listing on its planned Chapter 11 filing.


Morning Movers 5/1: COT, BGFV, TREE, BGC, ENTG, LQDT, NYNY Higher; COBR, RRI, SCOR, NANO, SGR Lower May 1, 2009 10:39AM

Cott Corporation (NYSE: COT) 45.1% HIGHER; reports Q1 EPS of $0.28, 35 cents better than estimates. Revenues were $367.0 million vs. $377.33 million consensus.

Big 5 Sporting Goods Corporation (Nasdaq: BGFV) 31.4% HIGHER; reports Q1 EPS of $0.13, 8 cents better than the analyst estimate of $0.05. Revenue for the quarter was $210.3 million, versus the consensus of $201.17 million. Declares $0.05/share quarter dividend. Sees Q2 same store sales in the flat to positive low-single digit range and EPS in the range of $0.10-$0.18. For comparative purposes, the Company's EPS Q2 were $0.08, including a non-recurring charge of $0.04 per diluted share. (Consensus is $0.01) The stock was also upgraded to Buy at Needham.

Tree.com (Nasdaq: TREE) 28.6% HIGHER; reports Q1 EPS of $0.32, versus the analyst estimate of ($0.01). Revenue for the quarter was $57.3 million, versus the consensus of $55.41 million.

General Cable Corporation (NYSE ...


Evergreen Solar (ESLR) Reports Q1 Loss of $0.40; Announces Wafer Factory Relationship in China May 1, 2009 10:34AM

Last night, Evergreen Solar Inc. (Nasdaq: ESLR) reports Q1 loss of $0.40, versus the analyst estimate of ($0.08). Revenue for the quarter was $55.8 million, versus the consensus of $49.24 million.

Separately, Evergreen announced it has entered into a frame agreement with Jiawei Solar (Wuhan) Co. and the ...