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Upgrades and Downgrades – BP, Advanced Micro Devices, Chevron

Here are a few of the analyst upgrades and downgrades that I thought were worth noting this morning…Upgrades Affiliated Computer (ACS) BP (BP) Cavium Networks (CAVM) Chevron (CVX) KeyCorp (KEY) Marathon Oil (MRO) PNC Bank (PNC) Semtech (SMTC) Washington Mutual (WM)Downgrades Advanced Micro Devices (AMD) Arbitron (ARB) NovaGold Resources (NG)…(Read More)

The! Biggest! News! of! the! Day! – Not Citigroup, Activision, Yahoo, Staples, Pond Scum or the Market Correction

Here are some of the contenders for today’s biggest…news…of…the…day…  The %247.5 billion investment in Citigroup by the Abu Dhabi Investment Authority…An upbeat forecast from Activision (ATVI) amid strong sales of its game Guitar Hero III: Legends of Rock…An outage at Yahoo’s (YHOO) “hosted shopping service” that “preventing consumers from making purchases on what’s reputed to be one of the busiest days of the year for Internet commerce” – Cyber Monday…The official [subscription required] declaration that we are now in a correction…Concerns [subscription required] about profit margins as it is said “The boom in corporate profits is over”…A look into “pond scum” as the alternative energy source of the future…Earnings from American Eagle Outfitters (AEO)…Earnings from Staples (SPLS)…Earnings from Talbots (TLB)…Talk of recession as it is expected that “Winnebago Industries Inc., Thor Industries Inc…(Read More)