Watchlist, Economic Calander, Gap Stocks, Upgrades/Downgrades

posted by:  elvis                                     date:  11/18/2010


Watchlist:  ANR APC BHP CLF FCX JOYG LVS MEE MOS RIG RIMM SLW

Premarket gainers: LTXC +30%EXEL +24%IRE +11%AIB +9%.DRYS +8%DNDN +8%URRE +8%HL +7%ASTM +6%SLW +6%.NTAP +6%LTD +5%SOL +4%NBG +4%TGB +4%NG +4%SLV+4%JASO +4%RIO +4%STD +4%STP +4%LYG +4%.
Losers:
 HEAT -10%APWR -6%HUM -6%LGCY -5%.

Advancers  Exelixis (EXEL 5.70+0.98+20.76%) shares rallied 21% in the premarket. The South San Francisco biotech firm reported progress in its Phase II trial of XL-184, a potential treatment for a form of prostate cancer.  Limited Brands(LTD 33.40+1.53+4.80%) shares gained 4.8% before the open. The operator of retailers including Victoria’s Secret and Bath & Body Works reported higher third-quarter net income and declared a special dividend of $3 a share.  LTX-Credence Corp.(LTXC 8.10+2.12+35.45%)  shares leaped 35% in the premarket on news that it will merge with Verigy Ltd.(VRGY 8.80-0.11-1.24%).  Both are California-based semiconductor-test-systems companies.

Decliners  Humana Inc. (HUM 54.23-3.82-6.58%)  shares fell 6% before the bell. The Louisville, Ky., health-benefits provider affirmed its 2010 profit estimate of $6.40 to $6.50 a share and said it expects to report 2011 earnings of $5.35 to $5.55 a share. On average, analysts surveyed by FactSet Research expected a profit of $6.72 a share for 2010 and $6.15 a share for 2011.Sears Holdings Corp. (SHLD 63.48-2.72-4.11%) shares declined 4.8% in the premarket. The Hoffmann Estates, Ill., retailer reported a wider fiscal third-quarter loss on 5% lower revenue.SmartHeat Inc. (HEAT 5.11-0.54-9.56%) shares fell 5.2% in premarket trading. The company is offering 5 million common shares in a public offering, and the underwriters have an option on 750,000 more shares




Top Analyst Upgrades and Downgrades 
(ABT, ALU, ATI, CSCO, EL, F, GRMN, GMR, MOT, QCOM, RIMM, SAP, STP, SVN, TIVO)
Abbott Laboratories (NYSE: ABT) Cut to Market Perform at Bernstein.

Alcatel-Lucent (NYSE: ALU) Cut to Underperform at Credit Suisse.
Allegheny Technologies Inc. (NYSE: ATI) Raised to Overweight at JPMorgan.
Cisco Systems Inc. (NASDAQ: CSCO) Cut to Underperform at First Global.
Estee Lauder Companies Inc. (NYSE: EL) Raised to Perform at Oppenheimer.
Ford Motor Co. (NYSE: F) Cut to Hold from Buy at S&P Equity Research (late Wednesday call ahead of GM IPO).
Garmin Ltd. (NASDAQ: GRMN) Started as Sell at Stifel Nicolaus.
General Maritime Corp. (NYSE: GMR) Cut to Market Perform at Wells Fargo.
Motorola Inc. (NYSE: MOT) Started as Buy at Stifel Nicolaus.
QUALCOMM Incorporated (NASDAQ: QCOM) Raised to Outperform at Credit Suisse.
Research In Motion Ltd. (NASDAQ: RIMM) Cut to Hold and target cut to $45 from $65 at Stifel Nicolaus.
SAP AG (NYSE: SAP) Started as Market Perform at BMO.
Suntech Power Holdings Co., Ltd. (NYSE: STP) Raised to Hold at Citi
7 Days Group (NYSE: SVN) Cut to Equal-weight at Morgan Stanley.
TiVo Inc. (NASDAQ: TIVO) Started as Hold at Stifel Nicolaus.


Thursday's economic calendar:
8:30 Initial Jobless Claims
10:00 Leading Indicators
10:00 Hearing: Robo-Signing and Other Mortgage Issues
10:00 Philly Fed Business Outlook
10:30 EIA Natural Gas Inventory
1:00 PM Fed's Warsh: The Future of Financial Markets
1:30 PM Fed's Kocherlakota speaks to the Nat'l. Tax Association
3:30 PM Treasury's Wolin: Financial Reform
4:15 PM Treasury's Warren: Banking and Finance
4:30 PM Money Supply
4:30 PM Fed Balance Sheet
4:30 PM Fed's Plosser: Asset Bubbles and Monetary Policy



Notable earnings after Thursday's close: ADSKBCSICRM,DELLFLGPSINTUMRVL
Notable earnings before Thursday's open: AEODLTRGMEHP,ROSTSPLSWSM
Notable earnings after Wednesday's close: AMATARUNDRYS,LTDNTAPPETM

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