Watchlist, Economic Calander, Gap Stocks, Upgrades/Downgrades

posted by:  elvis                                     date:  12/1/2010
Watchlist:  LVS BHP TTM RIMM CREE MOS CTXS NOV NTAP OXY
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Advancers

Mercer Insurance Group Inc. (MIGP 27.95+9.09+48.20%) shares rallied 47% to $27.75 each after United Fire & Casualty Co. (UFCS 23.00+2.26+10.90%) said late Tuesday it would acquire the insurance provider for $28.25 a share. Shares of United Fire were up nearly 11%.
OmniVision Technologies Inc. (OVTI 30.59+2.30+8.13%) shares were up 6.2% after the manufacturer of sensors used in camera phones forecast third-quarter profit that beat Wall Street’s expectations.

Decliners

Corinthian Colleges Inc. (COCO 3.96-0.18-4.35%) shares fell 5.4% after the for-profit educator said CEO Peter Waller had stepped down and would be replaced by its current chairman, Jack Massimino

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Wednesday's economic calendar:
Auto sales
7:00 MBA Mortgage Applications
7:30 Challenger Job-Cut Report
8:15 ADP Jobs Report
8:30 Productivity and Costs
9:30 Hearing: Mortgage Servicing Problems
10:00 ISM Manufacturing Index
10:00 Construction Spending
10:30 EIA Petroleum Inventories
2:00 PM Fed's Beige Book
2:10 PM Fed's Yellen: Fiscal Responsibility and Global Rebalancing
5:00 PM Fed's Fisher: Economic update

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Top Analyst Upgrades and Downgrades 
(AXP, CME, GLW, DF, DNDN, DB, EXPE, KR, NEE, SOL, SAFM, TSN, VIP)
American Express Co. (NYSE: AXP) Started as Overweight at JPMorgan.

CME Group Inc.(NYSE: CME) Raised to Buy at Stifel Nicolaus.
Corning Inc. (NYSE: GLW) Started as Overweight at HSBC.
Dean Foods Company (NYSE: DF) Raised to Hold from Sell at S&P Equity Research (late yesterday call).
Dendreon Corporation (NASDAQ: DNDN) Started as Buy at BofA/ML (expanded details).
Deutsche Bank AG (NYSE: DB) Raised to Neutral at JPMorgan.
Expedia Inc. (NASDAQ: EXPE) Started as Buy at Jefferies.
The Kroger Co. (NYSE:KR) Raised to Buy at UBS.
NextEra Energy, Inc. (NYSE: NEE) Started as Neutral at Goldman Sachs.
ReneSola Ltd. (NYSE: SOL) Started as Buy at Auriga.
Sanderson Farms, Inc. (NASDAQ: SAFM) Cut to Sell at Goldman Sachs.
Tyson Foods Inc. (NYSE: TSN) Raised to Neutral at Goldman Sachs.
VimpelCom Ltd. (NYSE: VIP) Cut to Neutral at Goldman Sachs.





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