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Starbucks Announces Big Expansion
Starbucks, the biggest coffee business in the world, announced it was planning to add up to 1,500 new cafes over the next five years in the U.S. The new plan, which would increase the number of cafes in the U.S. by 13%, will be officially... More of this article »
China Exports Tops Estimates
China’s exports increased at the fastest pace in the last five months in October. This was an indication that the world’s second largest economy started to rebound as its industrial output and retail sales topped forecasts. Overseas... More of this article »
Patents Settlement Reached by Apple and HTC
Taiwanese mobile phone maker HTC has reached a settlement with Apple, the Cupertino, California based tech giant. The settlement resolves all the pending disputes that relate to patents and closed out a fight between the two companies... More of this article »
Akamai Technologies (AKAM) Speeds Up Internet With FastSoft Inc.
Akamai Technologies, Inc. (NASDAQ:AKAM) released a statement today that they have acquired content accelerator FastSoft Inc. FastSoft have a number of technologies that could benefit Akamai such as content acceleration software, patented... More of this article »
Draftfcb Healthcare Acquires Hudson Global, Retains Management Team
Interpublic Group (NYSE:IPG) subsidiary Draftfcb Healthcare announced today that they are acquiring N.Y.-based pharmaceutical marketing company Hudson Global which offers integrated marketing solutions aimed at the pharmaceutical industry. Hudson... More of this article »
IBM Completes Canal+ Group Digital Media Transformation
IBM (NYSE:IBM) announced today that they have assisted France broadcaster, Canal+ Group, enhance company operations and process so that it is able to deliver more and bolster digital content archival. The Digital Media Transformation... More of this article »
Qualcomm (QCOM) Picks Up Israeli-based DesignArt Networks
Qualcomm Incorporated (NASDAQ:QCOM) today announced it has acquired “small cell,” Israeli-based DesignArt Networks. DesignArt Networks produces things such as small cell modem and system design aimed at cellular base stations... More of this article »
Pan American Silver (PAAS) Coverage Begins as Buy at Dahlman Rose
Pan American Silver Corp. (PAAS) has been initiated today with coverage from the research analysts at Dahlman Rose. Rose begins this new coverage of Pan American Silver with an initial price target set at $46.99 and rates ... More of this article »
Marvell Technology Group (MRVL) Coverage Resumed as Buy at Auriga
Marvell Technology Group (MRVL) has been re-initiated today with coverage from the research analysts at Auriga. Auriga begins this new coverage of Marvell Technology with an initial price target set at $18 dollars and rates performance... More of this article »
Vail Resorts, Inc. (MTN) Coverage Begins at Rodman & Renshaw
Vail Resorts, Inc. (MTN) has been initiated today with coverage from the research analysts at Rodman & Renshaw. Renshaw begins this new coverage of Vail Resorts witha performance outlook rating “market perform.” ... More of this article »
Affymetrix, Inc. (AFFX) Upgraded to Outperform at Robert W. Baird
Affymetrix, Inc. (AFFX) has been upgraded today by the securities research analysts at investment firm Robert W. Baird which upgraded Affymetrix from a “neutral” rating to “outperform,” noting that they are... More of this article »
Anadys Pharmaceuticals, Inc. (ANDS) Coverage Begins at Brean Murray as Hold
Anadys Pharmaceuticals, Inc. (ANDS) has been initiated today with coverage from the research analysts at Brean Murray. Murray begins this new coverage of Anadys Pharmaceuticals with a “hold” rating without a price... More of this article »
Exide Technologies (XIDE) Downgraded to Underperform at Wedbush
Exide Technologies (XIDE) has been downgraded today by the securities research analysts at investment firm Wedbush which lowered their performance outlook of Exide from a “neutral” rating to “underperform.” ... More of this article »
China-Biotics, Inc. (CHBT) Downgraded to Sell at Maxim Group
China-Biotics, Inc. (CHBT) has been downgraded today by the securities research analysts at investment firm Maxim Group which downgraded CHBT from a “hold” rating to “sell.” Maxim has a performance outlook... More of this article »
Hill International, Inc. (HIL) Downgraded to Hold at Morgan Joseph
Hill International, Inc. (HIL) has been downgraded today by the securities research analysts at investment firm Morgan Joseph which lowered their performance outlook of HIL from “buy” rating to “hold.” Morgan... More of this article »
Lions Gate Entertainment (LGF) Downgraded to Below Average at Caris & Company
Lions Gate Entertainment (LGF) has been downgraded today by the research analysts at investment firm Caris & Company which lowered LGF from an “average” rating to “below average.” Caris & Company... More of this article »
Impax Laboratories (IPXL) Downgraded to Sector Perform at RBC Capital Markets
Impax Laboratories (IPXL) has been downgraded today by the research analysts at investment firm RBC Capital Markets which downgraded IPLX from a “sector perform” rating from “outperform.” RBC Capital did... More of this article »
Full Circle Capital (FULL) Downgraded to Neutral at Ladenburg Thalmann
Full Circle Capital (FULL) has been downgraded today by the research analysts at investment firm Ladenburg Thalmann which downgraded FULL from a “buy” rating to “neutral.” Ladenburg Thalmann also lowered... More of this article »
Rock-Tenn (RKT) Downgraded at Deutsche Bank
Rock-Tenn (RKT) has been downgraded today by the research analysts at investment firm Deutsche Bank which upgraded downgraded RKT from a “buy” to “hold” rating. Deutsche Bank has retained the same price target... More of this article »
Blue Coat (BCSI) Downgraded to Neutral at Wedbush
Blue Coat (BCSI) has been downgraded today by the research analysts at investment firm Wedbush which downgraded BCSI from a “outperform” rating to “neutral.” Wedbush also lowered their price target for BCSI... More of this article »
Weyerhaeuser (WY) Downgraded at Deutsche Bank
Weyerhaeuser (WY) has been downgraded today by the research analysts at investment firm Deutsche Bank which downgraded WY from a “hold” rating to “sell.” The bank also lowered their price target for WY ... More of this article »
Research In Motion (RIMM) Downgraded to Hold at Wunderlich
Research In Motion (RIMM) has been downgraded today by the research analysts at investment firm Wunderlich which lowered RIMM from a “buy” rating to “hold.” Wunderlich also lowered their price target for... More of this article »
Ternium S.A. (TX) Downgraded to Hold at Deutsche Bank
Ternium S.A. (TX) has been downgraded today by the research analysts at investment firm Deutsche Bank which lowered TX from a “buy” rating to “hold.” Deutsche Bank also lowered their price target for TX ... More of this article »
LDK Solar Co., Ltd (LDK) Downgraded to Hold by Argus Research
LDK Solar Co., Ltd (LDK) has been downgraded today from “buy” to “hold” by the research analysts at Argus. LDK closed trading today at $6.83 per share. LDK Solar is slated to release their next earnings report... More of this article »
Talbots (TLB) Downgraded at Janney, Reduced to Sell
Talbots (TLB) has been downgraded today from “neutral” to “sell” by the research analysts at Janney Montgomery Scott. Talbots was down during intraday trading and finished trading at $4.52. Talbots is slated... More of this article »
American Eagle (AEO) Downgraded by Needham to Hold
American Eagle has been downgraded today from a former “buy” rating to “hold” by the research analysts of Needham. Shares of American Eagle closed down $13.52 at the end of trading. American Eagle is slated... More of this article »
LDK Solar Co., Ltd (LDK) Downgraded to Hold at Kaufman Bros
LDK Solar Co., Ltd (LDK) has been downgraded today by the research analysts at Kaufman Bros. Kaufman Bros also lowered their price target for LDK Solar (LDK) from $24 to $8 dollars. LDK finished trading to the downside today... More of this article »
Aeropostale (ARO) Downgraded to Hold at Stifel Nicolaus
Aeropostale, Inc. (ARO) has been downgraded today from “buy” to “hold” by the research analysts at Stifel Nicolaus. ARO has reached a 12-month low today reaching $17.06 during intraday trading. Aeropostale... More of this article »
Gap, Inc. (GPS) Downgraded to Below Average at Caris & Company
Gap, Inc. (GPS) has been downgraded today from “above average” to “below average” by the research analysts at Caris & Company. GPS closed trading down at $19.22. Gap is slated to release their next earnings... More of this article »
Patterson Companies (PDCO) Downgraded at UBS
Patterson Companies Inc. (PDCO) has been downgraded today from “buy” to “neural” by the research analysts at UBS. UBS also increased their price target for PDCO from $36 to $37 dollars. PDCO closed trading... More of this article »
OfficeMax (OMX) Downgraded to Perform by Oppenheimer
OfficeMax (OMX) has been downgraded by Oppenheimer to a Neutral rating. OMX had been rated at Outperform which has since been decreased to Perform by Oppenheimer. Price target has been lowered from $14 to $9.50 dollars. OfficeMax... More of this article »
Staples (SPLS) Downgraded by Oppenheimer to Perform
Staples (SPLS) has been downgraded by Oppenheimer to a Neutral rating. SPLS had been rated at Outperform which has since been decreased to Perform by Oppenheimer. Price target has been lowered from $26 to $19 dollars. Staples is... More of this article »
Citi Trends (CTRN) Downgraded at Longbow to Neutral
Citi Trends (CTRN) has been downgraded by Longbow to a Neutral rating. Longbow formerly had a Buy rating placed on the company. Citi Trends is slated to have their next earnings release on Aug 18, 2011. Shares of AGL are currently... More of this article »
AGL Resources (AGL) Downgraded from Buy to Neutral at UBS
AGL Resources (AGL) has been downgraded by UBS from a former Buy rating to Neutral. UBS has set a price target of $42 dollars on the company. AGL Resources is slated to have their next earnings release on Aug 2, 2011. Shares of... More of this article »