Saturday, January 23, 2010

Market wrap - a day late











Friday, January 22, 2010

Elizabeth Warren on the Presidents bank plan

Pre-market - 8:00 am

Futures down again after Asia didn't do so good last night, and some other not so good earnings.



Today's economic calendar:
NONE

Today's earnings reports:
Before open:

ACO Amcol International Corp. Industrial Goods General Building Materials
APD Air Products & Chemicals Inc. Basic Materials Chemicals - Major Diversified
AVX AVX Corp. Technology Diversified Electronics
BBT BB & T Corp. Financial Regional - Mid-Atlantic Banks
CVBF CVB Financial Corp. Financial Regional - Pacific Banks
ERIC LM Ericsson Telephone Co. Technology Communication Equipment
EVBS Eastern Virginia Bankshares Inc. Financial Regional - Southeast Banks
EXC Exelon Corp. Utilities Diversified Utilities
GE General Electric Co. Conglomerates Conglomerates
HBAN Huntington Bancshares Inc. Financial Regional - Midwest Banks
HOG Harley-Davidson, Inc. Consumer Goods Recreational Vehicles
JCI Johnson Controls Inc. Consumer Goods Auto Parts
KMB Kimberly-Clark Corporation Consumer Goods Personal Products
MBFI MB Financial Inc. Financial Regional - Midwest Banks
MCD McDonald's Corp. Services Restaurants
PRSP Prosperity Bancshares Inc. Financial Regional - Southwest  Banks
SLB Schlumberger Limited Basic Materials Oil & Gas Equipment & Services
STI SunTrust Banks, Inc. Financial Money Center Banks
WBS Webster Financial Corp. Financial Regional - Northeast Banks

After close: NONE

Upgrades:

RTP Rio Tinto plc Basic Materials Steel & Iron
WIBC Wilshire Bancorp Inc. Financial Savings & Loans
GHDX Genomic Health Inc. Healthcare Medical Laboratories & Research
PERY Perry Ellis International Inc. Consumer Goods Textile - Apparel Clothing
IGT International Game Technology Technology Diversified Computer Systems
DLM Del Monte Foods Co. Consumer Goods Processed & Packaged Goods
BAS Basic Energy Services, Inc. Basic Materials Oil & Gas Equipment & Services
XCO EXCO Resources Inc. Basic Materials Independent Oil & Gas
TK Teekay Corporation Services Shipping
JPM JPMorgan Chase & Co. Financial Money Center Banks
STNR Steiner Leisure Ltd. Services Personal Services
EDE Empire District Electric Co. Utilities Electric Utilities
JCOM j2 Global Communications, Inc. Technology Internet Software & Services

Downgrades:

TI Telecom Italia SpA Technology Diversified Communication Services
TEF Telefonica SA Technology Telecom Services - Foreign
FIT Health Fitness Corp. Services Personal Services
HOMB Home Bancshares, Inc. (Conway, AR) Financial Diversified Investments
BDX Becton, Dickinson and Company Healthcare Medical Instruments & Supplies
SCR Simcere Pharmaceutical Group. Healthcare Drug Manufacturers - Other
KEY KeyCorp Financial Money Center Banks

Thursday, January 21, 2010

Market wrap - posted 9:30 pm

I wasn't here all day, but this is the carnage I missed.











20 - 50 - 200 day moving averages

Money Supply - released 4:30


Money_supply_01_21_2010 -

Treasury Auction Announcements

3-Month Bill Announcement 11:00 AM ET
6-Month Bill Announcement 11:00 AM ET
2-Yr Note Announcement 11:00 AM ET
5-Yr Note Announcement 11:00 AM ET
7-Yr Note Announcement 11:00 AM ET

EIA Petroleum Status Report - released 11:00


weekly_crude_report_01_21_2010 -

EIA Natural Gas Report - 10:30 am





Philadelphia Fed Survey - released 10:00 am - posted 8:35 pm

Full report here


Philly Fed survey 01_21_2010 -

Leading indicators - released 10:00 am

Full report here

Latest Press Release
Released: Thursday, January 21, 2010

The Conference Board Leading Economic Index™ (LEI) for the U.S. increased 1.1 percent in December, following a 1.0 percent gain in November, and a 0.3 percent rise in October.

NOTE: This month's release incorporates annual benchmark revisions to the composite indexes, which bring them up-to-date with revisions in the source data. These revisions do not change the cyclical properties of the indexes. The indexes are updated throughout the year, but only for the previous six months. Data revisions that fall outside of the moving six-month window are not incorporated until the benchmark revision is made and the entire histories of the indexes are recomputed. As a result, the revised indexes will no longer be directly comparable to those issued prior to the benchmark revision.

In addition to annual benchmark revisions, The Conference Board (TCB) continuously monitors the behavior and performance of the composite indexes and their components and makes changes from time to time (See BCI Handbook 2001, for a description of the previous comprehensive revision that TCB undertook in 1996.) These occasional comprehensive benchmark revisions are consistent with long-standing TCB policy to make changes to the indexes when research indicates substantial improvements are possible. These changes are the result of research at TCB and regular consultations with its Business Cycle Indicators Advisory Panel and other experts. Details of these changes will be announced in advance in the technical notes and posted on our website when they are available.
For more information, please visit our website at www.conference-board.org/economics/bci/ or contact us at indicators@conference-board.org.

Download a PDF of the technical notes for underlying detail, diffusion indexes, components, contributions and graphs.
Download a PDF of the press release with graph and summary table.

Says Ataman Ozyildirim, Economist at The Conference Board: "The Conference Board LEI for the U.S. increased sharply in December, and has risen steadily for nine consecutive months. The six-month growth rate has picked up slightly to 5.2 percent (about a 10.8 percent annual rate) in the period through December, substantially higher than earlier in the year. In addition, the strengths among the leading indicators have remained very widespread in recent months."

Adds Ken Goldstein, Economist at The Conference Board: "The indicators point to an economy in early recovery. The coincident economic index shows slow expansion of economic activity through December. The leading economic index suggests that the pace of improvement could pick up this spring."

The Conference Board Coincident Economic Index™ (CEI) for the U.S. rose 0.1 percent in December, following a 0.1 percent increase in both November and October. The Conference Board Lagging Economic Index™ (LAG) declined 0.2 percent in December, following a 0.5 percent decline in November, and a 0.2 percent decline in October.
The next release is scheduled for February 18, 2010 at 10 A.M. ET.

Jobless claims - released 8:30 - posted 8:25 pm - late, wasn't here.

Full report here

EMPLOYMENT AND TRAINING ADMINISTRATION
USDL 10-64-NAT
Program Contact:
TRANSMISSION OF MATERIAL IN THIS
Scott Gibbons (202) 693-3008
RELEASE IS EMBARGOED UNTIL
Tony Sznoluch (202) 693-3176
8:30 A.M. (EST), THURSDAY
Media Contact :
January 21, 2010
(202) 693-4676

UNEMPLOYMENT INSURANCE WEEKLY CLAIMS REPORT
          SEASONALLY ADJUSTED DATA

In the week ending Jan. 16, the advance figure for seasonally adjusted initial claims was 482,000, an increase of 36,000 from the previous week's revised figure of 446,000. The 4-week moving average was 448,250, an increase of 7,000 from the previous week's revised average of 441,250.

The advance seasonally adjusted insured unemployment rate was 3.5 percent for the week ending Jan. 9, unchanged from the prior week's unrevised rate of 3.5 percent.

The advance number for seasonally adjusted insured unemployment during the week ending Jan. 9 was 4,599,000, a decrease of 18,000 from the preceding week's revised level of 4,617,000. The 4-week moving average was 4,750,500, a decrease of 109,750 from the preceding week's revised average of 4,860,250.

The fiscal year-to-date average for seasonally adjusted insured unemployment for all programs is 5.412 million.  
UNADJUSTED DATA
The advance number of actual initial claims under state programs, unadjusted, totaled 650,728 in the week ending Jan. 16, a decrease of 154,194 from the previous week. There were 763,987 initial claims in the comparable week in 2009.
The advance unadjusted insured unemployment rate was 4.4 percent during the week ending Jan. 9, a decrease of 0.2 percentage point from the prior week. The advance unadjusted number for persons claiming UI benefits in state programs totaled 5,716,608, a decrease of 299,837 from the preceding week. A year earlier, the rate was 4.2 percent and the volume was 5,651,117.

Extended benefits were available in Alabama, Alaska, Arizona, California, Colorado, Connecticut, Delaware, the District of Columbia, Florida, Georgia, Idaho, Illinois, Indiana, Kansas, Kentucky, Maine, Massachusetts, Michigan, Minnesota, Missouri, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, Ohio, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, Tennessee, Texas, Vermont, Virginia, Washington, West Virginia, and Wisconsin during the week ending Jan. 2.
Initial claims for UI benefits by former Federal civilian employees totaled 2,459 in the week ending Jan. 9, an increase of 998 from the prior week. There were 2,497 initial claims by newly discharged veterans, an increase of 1,043 from the preceding week.
There were 27,768 former Federal civilian employees claiming UI benefits for the week ending Jan. 2, an increase of 1,856 from the previous week. Newly discharged veterans claiming benefits totaled 36,855, an increase of 838 from the prior week.
States reported 5,654,544 persons claiming EUC (Emergency Unemployment Compensation) benefits for the week ending Jan. 2, an increase of 652,364 from the prior week. There were 2,094,313 claimants in the comparable week in 2009. EUC weekly claims include first, second, third, and fourth tier activity.
The highest insured unemployment rates in the week ending Jan. 2 were in Oregon (7.3 percent), Wisconsin (7.2), Alaska (7.1), Pennsylvania (6.9), Idaho (6.8), Michigan (6.2), North Carolina (6.1), Montana (6.0), Puerto Rico (6.0), and Washington (6.0).
The largest increases in initial claims for the week ending Jan. 9 were in California (+16,160), Texas (+15,892), Florida (+12,939), Pennsylvania (+12,562), and Georgia (+10,822), while the largest decreases were in Oregon (-5,784), Iowa (-4,450), Kentucky (-3,467), Michigan (-1,242), and Massachusetts (-1,085).



UNEMPLOYMENT INSURANCE DATA FOR REGULAR STATE PROGRAMS



Advance



Prior1
WEEK ENDING
Jan. 16
Jan. 9
Change
Jan. 2
Year

Initial Claims (SA)
482,000
446,000
+36,000
433,000
575,000
Initial Claims (NSA)
650,728
804,922
-154,194
645,446
763,987
4-Wk Moving Average (SA)
448,250
441,250
+7,000
449,750
526,500

Advance



Prior1
WEEK ENDING
Jan. 9
Jan. 2
Change
Dec. 26
Year

Ins. Unemployment (SA)
4,599,000
4,617,000
-18,000
4,807,000
4,576,000
Ins. Unemployment (NSA)
5,716,608
6,016,445
-299,837
5,484,997
5,651,117
4-Wk Moving Average (SA)
4,750,500
4,860,250
-109,750
5,006,500
4,515,500

Ins. Unemployment Rate (SA)2
3.5%
3.5%
0.0
3.6%
3.4%
Ins. Unemployment Rate (NSA)2

4.4%
4.6%
-0.2
4.2%
4.2%



INITIAL CLAIMS FILED IN FEDERAL PROGRAMS (UNADJUSTED)






Prior1
WEEK ENDING
Jan. 9
Jan. 2
Change
Year

Federal Employees
2,459
1,461
+998
2,560
Newly Discharged Veterans
2,497
1,454
+1,043
2,322



PERSONS CLAIMING UI BENEFITS IN FEDERAL PROGRAMS (UNADJUSTED)






Prior1
WEEK ENDING
Jan. 2
Dec. 26
Change
Year

Federal Employees
27,768
25,912
+1,856
21,334
Newly Discharged Veterans
36,855
36,017
+838
27,040
Railroad Retirement Board
11,000
11,000
0
6,000
Extended Benefits
262,881
302,498
-39,617
3,103
EUC 20083
5,654,544
5,002,180
+652,364
2,094,313

FOOTNOTES
SA - Seasonally Adjusted Data
NSA - Not Seasonally Adjusted Data
1 - Prior year is comparable to most recent data.
2 - Most recent week used covered employment of 130,128,328 as denominator.
3 - EUC weekly claims include first, second, third, and fourth tier activity.

UNADJUSTED INITIAL CLAIMS FOR WEEK ENDED 01/09/2010

STATES WITH A DECREASE OF MORE THAN 1,000 

State
Change

State Supplied Comment
OR
-5,784

No comment.
IA
-4,450

No comment.
KY
-3,467

Fewer layoffs in the manufacturing industry.
MI
-1,242

Fewer layoffs in the manufacturing industry.
MA
-1,085

No comment.

STATES WITH AN INCREASE OF MORE THAN 1,000 

State
Change

State Supplied Comment
ND
+1,037

No comment.
OK
+1,086

No comment.
UT
+1,198

No comment.
HI
+1,206

No comment.
MT
+1,352

No comment.
OH
+1,410

Increase due to holiday shutdowns.
WV
+1,564

No comment.
IN
+1,999

Layoffs in the automobile, construction, trade, and manufacturing industries.
LA
+2,415

No comment.
NV
+2,676

No comment.
AK
+3,230

No comment.
NJ
+3,389

Layoffs in the construction, trade, and service industries.
CO
+3,622

No comment.
MD
+3,983

No comment.
AZ
+4,003

No comment.
AL
+4,209

No comment.
CT
+4,513

Layoffs in the construction and trade industries.
MO
+4,942

Layoffs in the construction and service industries.
KS
+5,604

No comment.
NY
+7,143

Figures are based on a six day processing week, as well as layoffs in the transportation and service industries.
TN
+7,666

Layoffs in the service and manufacturing industries.
IL
+8,038

Layoffs in the construction, trade, and manufacturing industries.
VA
+8,268

Return to a five day workweek, as well as layoffs in the manufacturing industry.
SC
+8,637

Layoffs in the manufacturing industry.
NC
+9,156

Layoffs in the textile, furniture, chemical, primary metals, and service industries.
GA
+10,822

Layoffs in the construction, trade, service, and manufacturing industries.
PA
+12,562

Layoffs in the construction, trade, and service industries.
FL
+12,939

Layoffs in the construction, trade, service, and manufacturing industries, and agriculture.
TX
+15,892

Layoffs in the trade, service, real estate, and manufacturing industries.
CA
+16,160

Return to a five day workweek, as well as layoffs in the construction and service industries.

Today's info - late in the day, I wasn't here - 13th trading day of 2010

I was gone all day but I'll catch up with what I missed, other than the futures

Today's economic calendar:

Jobless Claims                                8:30 AM ET
Leading Indicators                         10:00 AM ET
Philadelphia Fed Survey                 10:00 AM ET
EIA Natural Gas Report                10:30 AM ET
EIA Petroleum Status Report         11:00 AM ET
3-Month Bill Announcement           11:00 AM ET
6-Month Bill Announcement           11:00 AM ET
2-Yr Note Announcement              11:00 AM ET
5-Yr Note Announcement              11:00 AM ET
7-Yr Note Announcement              11:00 AM ET
Money Supply                                  4:30 PM ET

Today's earnings reports:
Before open:

AMFI
AMCORE Financial, Inc.
Financial
Regional - Midwest Banks
APH
Amphenol Corporation
Technology
Diversified Electronics
ASBC
Associated Banc-Corp
Financial
Regional - Midwest Banks
AUO
AU Optronics Corp.
Technology
Computer Peripherals
BPOP
Popular Inc.
Financial
Foreign Regional Banks
CAL
Continental Airlines, Inc.
Services
Major Airlines
CMA
Comerica Incorporated
Financial
Regional - Midwest Banks
CVBF
CVB Financial Corp.
Financial
Regional - Pacific Banks
ED
Consolidated Edison Inc.
Utilities
Diversified Utilities
ESI
ITT Educational Services Inc.
Services
Education & Training Services
FCS
Fairchild Semiconductor International Inc.
Technology
Semiconductor - Integrated Circuits
FCX
Freeport-McMoRan Copper & Gold Inc.
Basic Materials
Copper
FITB
Fifth Third Bancorp
Financial
Regional - Midwest Banks
FNFG
First Niagara Financial Group Inc.
Financial
Savings & Loans
FSGI
First Security Group, Inc.
Financial
Savings & Loans
GMT
GATX Corp.
Services
Rental & Leasing Services
GS
Goldman Sachs Group Inc.
Financial
Diversified Investments
HOMB
Home Bancshares, Inc. (Conway, AR)
Financial
Diversified Investments
IIIN
Insteel Industries Inc.
Basic Materials
Steel & Iron
IMN
Imation Corp.
Technology
Data Storage Devices
KEY
KeyCorp
Financial
Money Center Banks
LM
Legg Mason Inc.
Financial
Asset Management
LUV
Southwest Airlines Co.
Services
Regional Airlines
LYTS
LSI Industries Inc.
Consumer Goods
Business Equipment
MDP
Meredith Corp.
Services
Publishing - Periodicals
MDZ
MDS, Inc.
Healthcare
Specialized Health Services
MTG
MGIC Investment Corp.
Financial
Surety & Title Insurance
NITE
Knight Capital Group Inc.
Financial
Investment Brokerage - Regional
PCP
Precision Castparts Corp.
Industrial Goods
Metal Fabrication
PNC
PNC Financial Services Group Inc.
Financial
Money Center Banks
PPG
PPG Industries Inc.
Conglomerates
Conglomerates
SBIB
Sterling Bancshares Inc.
Financial
Regional - Southwest  Banks
SFNC
Simmons First National Corporation
Financial
Regional - Southeast Banks
SMTS
Somanetics Corp.
Healthcare
Medical Appliances & Equipment
TCB
TCF Financial Corporation
Financial
Money Center Banks
TDY
Teledyne Technologies Inc.
Industrial Goods
Aerospace/Defense Products & Services
TSM
Taiwan Semiconductor Manufacturing Co. Ltd.
Technology
Semiconductor - Integrated Circuits
TWIN
Twin Disc Inc.
Industrial Goods
Diversified Machinery
UNH
Unitedhealth Group, Inc.
Healthcare
Health Care Plans
UNP
Union Pacific Corp.
Services
Railroads
VIVO
Meridian Bioscience Inc.
Healthcare
Diagnostic Substances
VLY
Valley National Bancorp
Financial
Regional - Northeast Banks
WNS
WNS (Holdings) Ltd.
Services
Business Services
XRX
Xerox Corp.
Consumer Goods
Business Equipment
ZOLL
ZOLL Medical Corp.
Healthcare
Medical Appliances & Equipment

After close:

ACS
Affiliated Computer Services, Inc.
Technology
Information Technology Services
AMD
Advanced Micro Devices Inc.
Technology
Semiconductor - Broad Line
AXP
American Express Company
Financial
Credit Services
BNI
Burlington Northern Santa Fe Corp.
Services
Railroads
BRKL
Brookline Bancorp, Inc.
Financial
Savings & Loans
BXS
BancorpSouth, Inc.
Financial
Regional - Southeast Banks
CBST
Cubist Pharmaceuticals Inc.
Healthcare
Drug Manufacturers - Other
COF
Capital One Financial Corp.
Financial
Credit Services
CYS
Cypress Sharpridge Investments, Inc.
Financial
REIT - Diversified
DGII
Digi International Inc.
Technology
Networking & Communication Devices
EFII
Electronics for Imaging, Inc.
Technology
Computer Peripherals
ELX
Emulex Corp.
Technology
Computer Peripherals
EPAY
Bottomline Technologies Inc.
Technology
Application Software
EZPW
EZCORP Inc.
Financial
Credit Services
GOOG
Google Inc.
Technology
Internet Information Providers
HTLD
Heartland Express, Inc.
Services
Trucking
IBKR
Interactive Brokers Group, Inc.
Financial
Investment Brokerage - National
IGT
International Game Technology
Technology
Diversified Computer Systems
INDB
Independent Bank Corp.
Financial
Regional - Northeast Banks
ISRG
Intuitive Surgical, Inc.
Healthcare
Medical Appliances & Equipment
JJSF
J&J Snack Foods Corp.
Consumer Goods
Processed & Packaged Goods
MATW
Matthews International Corporation
Industrial Goods
Metal Fabrication
MSCC
Microsemi Corp.
Technology
Semiconductor - Integrated Circuits
NTCT
NetScout Systems Inc.
Technology
Business Software & Services
OCFC
OceanFirst Financial Corp.
Financial
Savings & Loans
OCLR
Oclaro, Inc.
Technology
Semiconductor - Specialized
PBCT
People's United Financial Inc.
Financial
Savings & Loans
SIVB
SVB Financial Group
Financial
Regional - Pacific Banks
SYNA
Synaptics Inc.
Technology
Business Software & Services
ULGX
Urologix, Inc.
Healthcare
Medical Appliances & Equipment
WAL
Western Alliance Bancorporation
Financial
Diversified Investments
WDC
Western Digital Corp.
Technology
Data Storage Devices

Upgrades:

PTEN Patterson-UTI Energy Inc. Basic Materials Oil & Gas Drilling & Exploration
X United States Steel Corp. Industrial Goods Metal Fabrication
CTBI Community Trust Bancorp Inc. Financial Regional - Southeast Banks
CLWR Clearwire Corporation Technology Wireless Communications
FFIV F5 Networks, Inc. Technology Networking & Communication Devices
CY Cypress Semiconductor Corporation Technology Semiconductor - Broad Line
LBAI Lakeland Bancorp Inc. Financial Regional - Northeast Banks
AAI AirTran Holdings Inc. Services Regional Airlines
DWA DreamWorks Animation SKG Inc. Services Movie Production, Theaters
COV Covidien plc Healthcare Medical Instruments & Supplies
EXPD Expeditors International of Washington Inc. Services Air Delivery & Freight Services
CETV Central European Media Enterprises Ltd. Services Broadcasting - TV
PLXS Plexus Corp. Technology Printed Circuit Boards
UA Under Armour, Inc. Consumer Goods Textile - Apparel Clothing
EDR Education Realty Trust Inc. Financial REIT - Residential
LOGI Logitech International SA Technology Computer Peripherals
NWSA News Corp. Services Entertainment - Diversified
APL Atlas Pipeline Partners LP Basic Materials Oil & Gas Pipelines
UGI UGI Corp. Utilities Diversified Utilities
SMOD SMART Modular Technologies (WWH) Inc. Technology Semiconductor - Integrated Circuits
WFC Wells Fargo & Company Financial Money Center Banks
SBUX Starbucks Corp. Services Specialty Eateries
BANF BancFirst Corporation Financial Regional - Southwest  Banks
PPO Polypore International Inc. Basic Materials Specialty Chemicals

Downgrades:

ADS Alliance Data Systems Corporation Financial Credit Services
BSX Boston Scientific Corporation Healthcare Medical Instruments & Supplies
NI Nisource Inc. Utilities Diversified Utilities
BBI Blockbuster Inc. Services Music & Video Stores
SBUX Starbucks Corp. Services Specialty Eateries
NTRS Northern Trust Corporation Financial Regional - Midwest Banks
MS Morgan Stanley Financial Diversified Investments

Wednesday, January 20, 2010

Market wrap - 4:15

What looked like a huge down day, turned into a smaller down day. The DOW was down over 200 at one point today, but the indexes turned around about 1:30 this afternoon and moved higher to the close. The dollar shot up overnight and broke through the 78.34 resistance and held. The dollar rise caused crude and some commodity stocks to weaken, as well as gold, which got hammered to a tune of 28 bucks. Overnight, China said they were tightening lending and many China stocks fell, especially ones related to housing.

After the bell we heard earnings from Starbux and E-bay, both of which deal in the retail sector. Starbux is trading higher and E-bay is about flat. Amazing to me people are still buying $5.00 coffee.

The star of the day was CREE, the semiconductor maker (LED lighting)who were up over 17% after killing earnings. This one I understand. I have been watching them for several years, but of course didn't buy any. Stupid me.










PPI - released 8:30 am - posted 8:40 am


ppi_01_20_2010 -

Housing Starts - 8:30 am - posted 8:40


housing_starts_01_20_2010 -

Pre-market - 12th trading day of 2010

Futures down this morning after some bad earnings, and the Super majority in the Senate has ended. Could this be the end of this relentless melt up?

 

Today's economic calendar:
MBA Purchase Applications 7:00 AM ET
ICSC-Goldman Store Sales 7:45 AM ET
Housing Starts 8:30 AM ET
Producer Price Index 8:30 AM ET
Redbook 8:55 AM ET
4-Week Bill Auction 11:30 AM ET

Today's earnings reports:
Before open:

AIT
Applied Industrial Technologies, Inc.
Services
Industrial Equipment Wholesale
ASML
ASML Holding NV
Technology
Semiconductor Equipment & Materials
BAC
Bank of America Corporation
Financial
Money Center Banks
BK
The Bank of New York Mellon Corporation
Financial
Money Center Banks
COH
Coach Inc.
Consumer Goods
Textile - Apparel Footwear & Accessories
COV
Covidien plc
Healthcare
Medical Instruments & Supplies
CRRC
Courier Corporation
Services
Publishing - Books
EAT
Brinker International Inc.
Services
Restaurants
HCBK
Hudson City Bancorp, Inc.
Financial
Savings & Loans
IGTE
iGate Corporation
Technology
Information Technology Services
JEF
Jefferies Group Inc.
Financial
Investment Brokerage - Regional
LAB
LaBranche & Co. Inc.
Financial
Investment Brokerage - Regional
MI
Marshall & Ilsley Corporation
Financial
Regional - Midwest Banks
MS
Morgan Stanley
Financial
Diversified Investments
MTB
M&T Bank Corp.
Financial
Regional - Northeast Banks
NTRS
Northern Trust Corporation
Financial
Regional - Midwest Banks
PGR
Progressive Corp.
Financial
Property & Casualty Insurance
STT
State Street Corp.
Financial
Regional - Northeast Banks
USB
US Bancorp
Financial
Regional - Midwest Banks
WFC
Wells Fargo & Company
Financial
Money Center Banks

After close:

DOX
Amdocs Ltd.
Technology
Business Software & Services
EBAY
eBay Inc.
Services
Catalog & Mail Order Houses
FFIV
F5 Networks, Inc.
Technology
Networking & Communication Devices
KMP
Kinder Morgan Energy Partners LP
Basic Materials
Oil & Gas Pipelines
LOGI
Logitech International SA
Technology
Computer Peripherals
NVEC
NVE Corp.
Technology
Semiconductor - Specialized
OHB
Orleans Homebuilders Inc.
Industrial Goods
Residential Construction
PBNY
Provident New York Bancorp
Financial
Savings & Loans
PLCM
Polycom, Inc.
Technology
Processing Systems & Products
PLXS
Plexus Corp.
Technology
Printed Circuit Boards
PULB
Pulaski Financial Corporation
Financial
Savings & Loans
RJF
Raymond James Financial Inc.
Financial
Investment Brokerage - Regional
SBUX
Starbucks Corp.
Services
Specialty Eateries
SLM
SLM Corp.
Financial
Credit Services
STX
Seagate Technology
Technology
Data Storage Devices
SWKS
Skyworks Solutions Inc.
Technology
Semiconductor - Integrated Circuits
TSS
Total System Services, Inc.
Services
Business Services
WGOV
Woodward Governor Co.
Industrial Goods
Industrial Electrical Equipment
XLNX
Xilinx Inc.
Technology
Semiconductor - Specialized


Upgrades:

ROP
Roper Industries Inc.
Industrial Goods
Industrial Equipment & Components
JDSU
JDS Uniphase Corp.
Technology
Communication Equipment
XLNX
Xilinx Inc.
Technology
Semiconductor - Specialized
LPX
Louisiana-Pacific Corp.
Industrial Goods
Lumber, Wood Production
CIEN
CIENA Corp.
Technology
Communication Equipment
SHFL
Shuffle Master Inc.
Industrial Goods
Diversified Machinery
SXCI
SXC Health Solutions, Corp.
Technology
Application Software
TOT
Total SA
Basic Materials
Major Integrated Oil & Gas
MCD
McDonald's Corp.
Services
Restaurants
VALE
Vale S.A.
Basic Materials
Steel & Iron
X
United States Steel Corp.
Industrial Goods
Metal Fabrication
HT
Hersha Hospitality Trust
Financial
REIT - Retail
SHPGY
Shire plc
Healthcare
Drug Manufacturers - Other

Downgrades:

ACMR
AC Moore Arts & Crafts Inc.
Services
Specialty Retail, Other
ESV
Ensco International Plc.
Basic Materials
Oil & Gas Drilling & Exploration
SYK
Stryker Corp.
Healthcare
Medical Instruments & Supplies
DFG
Delphi Financial Group, Inc.
Financial
Life Insurance
JASO
JA Solar Holdings Co., Ltd.
Technology
Semiconductor - Specialized
OSIS
OSI Systems, Inc.
Technology
Semiconductor Equipment & Materials
GSIC
GSI Commerce Inc.
Services
Catalog & Mail Order Houses
ISCA
International Speedway Corp.
Services
Sporting Activities
S
Sprint Nextel Corp.
Technology
Wireless Communications
STO
Statoil ASA
Basic Materials
Oil & Gas Drilling & Exploration
BKC
Burger King Holdings Inc.
Services
Restaurants
BAX
Baxter International Inc.
Healthcare
Medical Instruments & Supplies
ARMH
ARM Holdings plc
Technology
Semiconductor - Specialized
BARE
Bare Escentuals, Inc.
Consumer Goods
Personal Products
PAET
PAETEC Holding Corp.
Technology
Diversified Communication Services
PWR
Quanta Services Inc.
Industrial Goods
General Contractors
AKS
AK Steel Holding Corp.
Basic Materials
Steel & Iron
RDY
Dr. Reddy's Laboratories Ltd.
Healthcare
Drug Manufacturers - Other
IMAX
IMAX Corporation
Consumer Goods
Photographic Equipment & Supplies