Stocks on the move this afternoon
Buy / Sell Recommendations :
INTC – Intel Goldman Sachs raised its rating to "buy" from "neutral".
BLC - Belo was upgraded from Hold to Buy at Citigroup.
LUV - Southwest Airlines was downgraded from Overweight to Underweight at Prudential.
MA - Mastercard was initiated with an Outperform rating at Bear Stearns.
NFLX - Netflix was downgraded from Outperform to Market Perform at Piper Jaffray.
STLD - Steel Dynamics downgraded at UBS to Neutral rating from Buy.
Macro economic news reported today :
- The Consumer Price Index for May is estimated to rise .6% versus a .4% gain in April.
- The CPI Ex Food & Energy for May is estimated to rise .2% versus a .2% gain in April.
- Empire Manufacturing for June is estimated to rise to 11.5 versus a reading of 8.0 in May.
- The 1Q Current Account Deficit is estimated to widen to -$201.0 billion versus -$195.8 billion in 4Q.
- ThePreliminary Univ. of Mich.
Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.
See you later,
BLC - Belo was upgraded from Hold to Buy at Citigroup.
LUV - Southwest Airlines was downgraded from Overweight to Underweight at Prudential.
MA - Mastercard was initiated with an Outperform rating at Bear Stearns.
NFLX - Netflix was downgraded from Outperform to Market Perform at Piper Jaffray.
STLD - Steel Dynamics downgraded at UBS to Neutral rating from Buy.
Macro economic news reported today :
- The Consumer Price Index for May is estimated to rise .6% versus a .4% gain in April.
- The CPI Ex Food & Energy for May is estimated to rise .2% versus a .2% gain in April.
- Empire Manufacturing for June is estimated to rise to 11.5 versus a reading of 8.0 in May.
- The 1Q Current Account Deficit is estimated to widen to -$201.0 billion versus -$195.8 billion in 4Q.
- The
Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.
See you later,
Labels: Stocks
