Tuesday, January 5, 2010

Pre-market - January 5 - 2nd trading day of the year - 7:50 am

Futures flat this morning before some important economic data.







Today's economic calendar:
Motor Vehicle Sales
ICSC-Goldman Store Sales 7:45 AM ET
Redbook 8:55 AM ET
Factory Orders 10:00 AM ET
Pending Home Sales Index 10:00 AM ET
4-Week Bill Auction 11:30 AM ET

Today's earnings reports:
Before open: NONE

After close:
ANGO AngioDynamics Inc. Healthcare Medical Instruments & Supplies
LNDC Landec Corp. Basic Materials Synthetics
MG Mistras Group, Inc. Services Technical Services
SNX SYNNEX Corp. Services Business Services
SONC Sonic Corp. Services Restaurants
TISI Team Inc. Services Business Services

Upgrades:
QCOM
QUALCOMM Inc.
Technology
Semiconductor - Integrated Circuits
KCI
Kinetic Concepts Inc.
Healthcare
Medical Appliances & Equipment
ZMH
Zimmer Holdings Inc.
Healthcare
Medical Appliances & Equipment
ERIC
LM Ericsson Telephone Co.
Technology
Communication Equipment
IPI
Intrepid Potash, Inc.
Basic Materials
Nonmetallic Mineral Mining
POT
Potash Corp. of Saskatchewan, Inc.
Basic Materials
Agricultural Chemicals
AVY
Avery Dennison Corporation
Consumer Goods
Paper & Paper Products

Downgrades:
V
Visa, Inc.
Services
Business Services
CXO
Concho Resources, Inc.
Basic Materials
Oil & Gas Drilling & Exploration
BEXP
Brigham Exploration Co.
Basic Materials
Independent Oil & Gas
COG
Cabot Oil & Gas Corp.
Basic Materials
Independent Oil & Gas
SPW
SPX Corporation
Industrial Goods
Diversified Machinery
FNF
Fidelity National Financial, Inc.
Financial
Surety & Title Insurance
CHKP
Check Point Software Technologies Ltd.
Technology
Security Software & Services
RGC
Regal Entertainment Group
Services
Movie Production, Theaters
BFRM
BioForm Medical, Inc.
Healthcare
Medical Appliances & Equipment
FSP
Franklin Street Properties Corp.
Financial
REIT - Diversified
SLGN
Silgan Holdings Inc.
Consumer Goods
Packaging & Containers
PNY
Piedmont Natural Gas Co. Inc.
Utilities
Gas Utilities
XEL
Xcel Energy Inc.
Utilities
Electric Utilities
GAS
Nicor Inc.
Utilities
Gas Utilities
TE
TECO Energy Inc.
Utilities
Electric Utilities
HMSY
HMS Holdings Corp.
Services
Business Services

Today's reading as I find them

From Bloomberg - No Good Deed Goes Unpunished as Banks Seek Profits
From Bloomberg - Iceland to Hold Referendum on Icesave Bill After Grimsson Veto
From Reuters - UPDATE 2-Mesa Air Group files for bankruptcy, to cut fleet
From Telegraph UK - Pimco move to sell gilts raises spectre of a UK sovereign debt crisis
From MarketWatch - 12:30 - Fitch cuts Iceland's rating to junk status
From the WSJ - 9:06 - Whitney Downgrades Goldman

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