Notable Analyst Rating Changes 10/14: CSC, GSK, SNY, ABX, CNO, HOG, TEL Upgrade; VLO, JBLU, AGCO Downgrade Oct 14, 2009 11:03AM

UPGRADES:
Goldman Sachs upgraded Computer Sciences Corporation (NYSE: CSC) from Sell to Neutral and revised its 12-month price target from $46 to $54.

UBS upgrades GlaxoSmithKline (NYSE: GSK) to Buy.

UBS upgrades Sanofi-Aventis (NYSE: SNY) from Sell to Neutral.

J.P. Morgan upgrades Barrick Gold (NYSE: ABX) from Neutral to Overweight. Price ...


Hedge Fund Guru John Paulson Invests In Conseco (CNO) Oct 13, 2009 04:09PM

Conseco, Inc. (NYSE: CNO) announced today that, as part of a series of transactions intended to enhance its capital position, it entered into a stock and warrant purchase agreement with John Paulson's Paulson & Co. Inc., on behalf of the several investment funds and accounts managed by it, to sell to Paulson 16.4 million shares of common stock and warrants to purchase 5.0 million shares of common stock for an aggregate purchase price of $77.9 million.

In addition, Conseco announced its intention to privately offer, subject to certain conditions, up to $293.0 million ...


UBS Downgrades Conseco (CNO) to Neutral Mar 9, 2009 12:59PM

UBS downgrades Conseco (NYSE: CNO) from Buy to Neutral.


Unusual 11 Mid-Day Movers 9/17: SNDK, GSS, FSP, SKF Higher; VSE, NT, AIG, BTN Lower Sep 17, 2008 12:54PM

VeraSun Energy (NYSE: VSE) 67.4% LOWER; lowers guidance after some of its hedging moves hurt VSE. Vera Sun expects a Q3 loss in the range of $0.40 to $0.65 per share compared to ($0.02) consensus. VeraSun also announced a 20M share offering.

Nortel (NYSE: NT) 43.8% LOWER; expects revenues in the third quarter of 2008 of about $2.3 billion, below the consensus of $2.66 billion. Gross margin is currently expected to be approximately 39 percent of revenue ...