Jefferies & Co

Jefferies & Co downgrades Cardinal Health (NYSE ...

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 ...

The IPO for STR Holdings, Inc. (NYSE: STRI) is open for trading. Shares are trading at $10.92 after pricing 12,300,000 shares at $10.00 per share, below the expected range ...

NightHawk Radiology Holdings, Inc. (NASDAQ: NHWK) 26% LOWER; reports Q3 EPS of $0.17, ex-items, 1 cent better than the analyst estimate of $0.16. Revenue for the quarter was $43.5 million, which compares to the estimate of $42.71 million. Sees Q4 adj-EPS of $0.08-$0.10, versus the consensus of $0.15, on sales of $38-$40 million, versus the consensus of $40.13 million.

Geokinetics Inc. (AMEX: GOK) 22.1% LOWER; reports Q3 loss of $0.41, cents better than the analyst estimate of ($0.08). Revenue for the quarter was $96.80 million, which compares to the estimate of $133.92 million.

Axcelis Technologies, Inc. (NASDAQ: ACLS) 19.5% HIGHER; reports Q3 loss of $0.15, 2 cents better than the analyst estimate of ($0.17). Revenue for the quarter was $35 million, which compares to the estimate of $31.95 million. Sees Q409 cash Break Even.

Crocs, Inc. (NASDAQ: CROX) 17.8% LOWER; reports Q3 EPS of $0.01, 9 cents ...

The unemployment rate jumped above 10 percent for the first time since 1983 in October according to the Labor Department.

Employers cut another 190,000 jobs in the last month pushing the unemployment rate to 10.2 percent, from the 9.8 percent rate in September. The job losses in October saw an improvement over the 219,000 reported in September, however higher than the economist's estimate of 175,000 ...