PennyOmega.com Stocks Upgraded, Downgraded and Short Highlights Before the Bell Tuesday November 3, 2009
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Tuesday November 3, 2009
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Owens Corning (NYSE: OC) today announced through its Roofing business that it will provide a new program that simplifies recycling asphalt shingles for its Preferred Roofing Contractors. The company is the first roofing manufacturer to connect contractors with convenient recycling facilities through a national strategic alliance.
Symantec Corp. (NASDAQ: SYMC) today announced the availability of Backup Exec System Recovery 2010, a complete data and system backup and recovery solution for small businesses. Backup Exec System Recovery 2010 automates the backup process of an entire system or individual files and folders without disrupting user productivity, and enables quick restores to the same or dissimilar hardware, virtual machines or remote locations. Backup Exec System Recovery 2010 introduces new support of the latest Microsoft operating systems, including Windows 7, Microsoft Exchange 2010 and Microsoft Windows Server 2008 R2, easing the transition to the new platforms and ensuring continued protection during migration. With the new release, Symantec Backup Exec System Recovery will also support Linux operating systems later this year.
Simmons First National Corporation (Nasdaq:SFNC) announced today that it has commenced an underwritten public offering of approximately $65 million of its common stock. The underwriters will have a 30-day option to purchase up to an additional 15 percent of the offered amount of common stock from the Company, to cover over-allotments, if any. Stephens Inc. will serve as lead bookrunner, Stifel, Nicolaus & Company, Incorporated will serve as joint bookrunner and Raymond James & Associates, Inc. will be a co-manager.
ArcSight, Inc. (NASDAQ:ARST), a leading global provider of security and compliance management solutions that protect enterprises and government agencies, today announced that it has been named the winner of the First Annual Homeland Security Awards from Government Security News (GSN) in the Best Security Incident and Event Management category. ArcSight also extended congratulations to its customer, the Federal Aviation Administration (FAA), for winning Most Effective Aviation Security Program, Project or Agency. The Homeland Security Award winners were announced at an awards dinner in New York City on October 27, 2009.
Micron Technology, Inc. (NYSE:MU) today announced the company has combined the industry's leading 34-nanometer (nm) 4Gb SLC NAND flash memory and 50nm 2Gb LPDDR to produce the most advanced NAND-LPDDR MCP combination in the market. Micron's new 4Gb NAND-2Gb LPDDR MCP is targeted at smart phones, personal media players and emerging MIDs where small form factor, low-cost and power savings are critical features.
Stocks Upgraded Today
Company |
Ticker |
Brokerage Firm |
Ratings Change |
Price Target |
CSX Corp |
CSX |
Stifel Nicolaus |
Hold » Buy |
$51 |
ATS Medical |
ATSI |
Piper Jaffray |
Neutral » Overweight |
|
ValueClick |
VCLK |
Citigroup |
Sell » Hold |
|
Orthofix |
OFIX |
Wells Fargo |
Underperform » Market Perform |
|
Anadys Pharma |
ANDS |
Piper Jaffray |
Neutral » Overweight |
|
Royal Dutch Shell |
RDS.A |
Credit Suisse |
Underperform » Neutral |
$11.50 » $16 |
Canadian Solar |
CSIQ |
Barclays Capital |
Underweight » Equal Weight |
$11.50 » $16 |
Alliance Data |
ADS |
Sun Trust Rbsn Humphrey |
Neutral » Buy |
$70 |
Overseas Shipholding |
OSG |
FBR Capital |
Mkt Perform » Outperform |
$35 » $48 |
Lukoil |
LUKOY |
HSBC Securities |
Neutral » Overweight |
$63 » $84 |
Altra Holdings |
AIMC |
Robert W. Baird |
Neutral » Outperform |
$12 |
Tenaris |
TS |
Jefferies & Co |
Hold » Buy |
$30 » $44 |
Corp Exec Bd |
EXBD |
Deutsche Securities |
Sell » Hold |
$18 » $22 |
Crimson Exploration |
CXPO |
Rodman & Renshaw |
Mkt Perform » Mkt Outperform |
$11 |
Stocks Downgraded Today
Company |
Ticker |
Brokerage Firm |
Ratings Change |
Price Target |
Park-Ohio |
PKOH |
Morgan Joseph |
Buy » Hold |
|
Carmike Cinemas |
CKEC |
Merriman |
Buy » Neutral |
|
Diedrich Coffee |
DDRX |
Roth Capital |
Buy » Hold |
$35 » $26 |
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