Market Roundup (CCL, NLY, GM, LCC, LFL, UAL, AMR, DAL)

Shares of Carnival PLC CCL rose about 1.4% after analysts at Deutsche Bank upgraded company's stock from “hold” to “buy.” Deutsche Bank has a target price of $57.50 for the company. Shares of Annaly Capital Management Inc NLY dropped about 2.5% after the company raised $1.29 billion by pricing its offering of 75 million shares of common stock at a $17.20 per share. However, Wunderlich Securities analyst Merrill Ross maintained his "buy" rating on the stock, with price target of $18. Ross also lifted earnings estimate for this year from $2.50 per share to $2.54 per share. Shares of General Motors Co GM gained about 1.6% after the company reported 7.5% rise in its December US sales. The company's US sales in the month came in at 224,185 cars and trucks. GM reported its total unit sales for 2010 at 2.22 million, versus 2.08 million in the earlier year. GM's sales of four brands surged 15.5% y/y to 223,932 vehicles in December. US airline stocks dropped, with the NYSE Arca Airline Index (XAL) losing about 0.3%. The top decliner in the list was Lan Airlines LFL. Some of the stocks that moved up were United Continental Holdings UAL, American Airlines parent AMR Corp AMR and Delta Air Lines DAL. Read more from Benzinga's Markets.
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