Diversified Capital Markets

Analysts at Keefe Bruyette upgraded JMP Group (NYSE: JMP) to “outperform” from “market perform.” The target price for JMP is set to $9.50. JMP rose 3.37% to close at $6.74 on Friday. More Analyst Ratings here.

Art Cashin, director of floor operations at UBS Financial Services (NYSE: UBS) has claimed that he is cautious about the market. He told CNBC, “I think you have to be careful." But he added that market’s performance this week has been ‘quite impressive.' Jobless claims numbers were positive for...

• Reports said BP (NYSE:BP) is working on a plan to cap the spill as early as July 27, but noted it could be "unlikely" • Wells Fargo (NYSE:WFC) plans to cut 3,800 jobs and close its subprime unit • MasterCard (NYSE:MA) reported June luxury purchases fell for the first time since last November • ...

Deutsche Bank AG (NYSE: DB) was downgraded by JP Morgan from “neutral” to “underweight.” DB’s shares closed at $56.50 on Friday. Deutsche Bank’s shares have dropped 28.72% over the past quarter. Piper Jaffray downgraded Advanced Analogic Technologies Incorp (NASDAQ: AATI) from “overweight” to “...

• According to a senior UAE source, BP (NYSE:BP) is in talks with a number of Middle East and Asian sovereign wealth funds for support as the company tries to stave off takeover bids • JP Morgan (NYSE:JPM) raised its rating on Goldman Sachs (NYSE:GS) from "neutral" to "overweight," and lowered the...

Tesla Motors (TSLA), the first company to make production electric cars, went public yesterday, with the shares increasing substantially during the day. Shares were offered at $17 per share and closed at 23.89 yesterday. At the time this is being written, the shares are up again today. Goldman,...

The technology stocks gained today after losing in the early morning trading. The sector made an effort to close H1 in the positive territory. The NASDAQ Composite Index (COMP) gained 0.4% after falling about 4% yesterday. NASDAQ has lost 5.4% in the first half of 2010. The stocks that posted gains...

• Emerson Electric (NYSE:EMR) raised its bid for Chloride to $1.5 billion in an attempt to stave off a recommended $1.25 billion offer from Switzerland's ABB • A WSJ report says Abbott Labs (NYSE:ABT) is planning to sell its vaccine business in a deal that could result in $614 million • Tesla...

Occasionally, investors shake the tree with a broad screen to see what securities fall to the ground. Today,I programmed a Standard and Poors Large Cap screen. The following large cap ($10-50b) securities have a four or five star S&P rating coupled with a low PE and PEG valuations. For brevity...

• Bed Bath & Beyond (NASDAQ: BBBY) reported earnings of 52 cents a share, up from Zacks estimates of 48 cents on revenues of $1.92 billion, versus Zacks projections of $1.89 billion • Nike (NYSE: NKE) fiscal fourth quarter earnings came in at $1.06, in-line with Zacks estimates on inline...

It looks like Tesla Motors may be going public soon. The company's S-1 and prospectus were submitted to the SEC back on January 29 of this year. Listed as underwriters are Goldman, Sachs & Co. (GS), Morgan Stanley (MS), J.P. Morgan (JPM), and Deutsche Bank Securities (DB). The prospectus...

The banking sector is likely to see an increase in merger & acquisition activity soon. In an interview with CNBC, Craig Siegenthaler, analyst at Credit Suisse (ADR) (NYSE: CS), said, “Financial regulatory reform is weighing on everything, but we’ll have some disclosure around July in terms of...

China is moving towards deregulating its currency. This move is likely to have an impact on US debt. Art Cashin, director of floor operations at UBS Financial Services (NYSE: UBS), told CNBC, “We’re going to go to the second-tier resistance this morning, which is around 1,128 to 1,131 on the S...

Deutsche Bank (NYSE: DB) was out with a client note on Visa (NYSE: V) and MasterCard (NYSE: MA) today. The analysts wrote, "V/MA rallied Monday on the House's compromise to interchange regs drafted as part of financial reform conf. process. Interchange is on the docket for Tuesday, and although...

Deutsche Bank (NYSE: DB) analysts recently met with Japanese domestic life insurers. Here are their takeaways. - Capital requirements are increasing. Short term revisions will cut solvency margin ratios in half, as a result of higher charges on risk assets and stricter margin definitions. - M&...