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NASDAQ Stocks Hitting 52-Week Lows
Tuesday, July 12, 2011 - 9:21am | 138Spire Corporation (NASDAQ: SPIR) shares fell 0.87% to create a new 52-week low of $2.06. SPIR's trailing-twelve-month ROE is -38.94%. Manhattan Bridge Capital Inc (NASDAQ: LOAN) shares dropped 4.04% to create a new 52-week low of $1.21. LOAN shares have dropped 13.70% over the past 52 weeks, while...
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Top Performing Industries For July 12
Tuesday, July 12, 2011 - 9:09am | 187At 10:05 am, the Dow rose 0.08% to 12,515.64, the broader Standard & Poor's 500 index moved up 0.03% to 1,319.88 and the NASDAQ composite index dropped 0.34% to 2,793.11. The industries that are supporting the market today are: Surety & Title Insurance: This industry jumped 1.61% by 10:05...
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Bank of America Downgrades Bank of Hawaii to Underperform, Reduces PT to $45
Tuesday, July 12, 2011 - 8:40am | 50Bank of America downgraded its rating on Bank of Hawaii (NYSE: BOH) to Underperform. At the same time, Bank of America reduced its price target on the company's stock from $47 to $45. In today's trading, BOH added 0.11% to its value to trade around $45.80.
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Bank of America Downgrades Commerce Bancshares to Underperform, Reduces PT to $42
Tuesday, July 12, 2011 - 8:36am | 49Bank of America downgraded its rating on Commerce Bancshares (NASDAQ: CBSH) to Underperform. At the same time, Bank of America lowered its price target on the company's stock from $43 to $42. In today's trading, CBSH lost 0.14% of its value to trade around $42.83.
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Major Pre-Market Losers
Tuesday, July 12, 2011 - 8:26am | 107Commerce Bancshares (NASDAQ: CBSH) is trading down nearly 59% after being cut to Underperform by Bank of America-Merrill Lynch. Sourcefire (NASDAQ: FIRE) is trading down over 58% after being cut to Neutral from Buy at UBS. Wolverine World (NYSE: WWW) is trading down over 7.50% despite beating...
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Bank of America Upgrades M&T Bank to Buy, Raises PT to $100
Tuesday, July 12, 2011 - 8:26am | 48Bank of America upgraded its rating on M&T Bank (NYSE: MTB) from Neutral to Buy. At the same time, the rating agency raised its price target on the company's stock from $91 to $100. On Monday, MTB closed the day at $86.17.
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Bank of America Upgrades Synovus Financial to Neutral
Tuesday, July 12, 2011 - 8:23am | 46Bank of America upgraded its rating on Synovus Financial (NYSE: SNV) from Underperform to Neutral. At the moment, the rating agency has a price target of $2.20 placed on the company's stock. On Monday, SNV finished the day at $2.05.
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Benzinga's Top Upgrades
Tuesday, July 12, 2011 - 7:04am | 125Analysts at Jefferies & Company upgraded Jarden Corporation (NYSE: JAH) from “hold” to “buy.” Jarden's shares closed at $33.21 yesterday. Jarden's PEG ratio is 0.96. Analysts at Oppenheimer upgraded Wintrust Financial Corporation (NASDAQ: WTFC) from “perform” to “outperform.” WTFC's shares...
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Bank of America Downgrades Commerce Bancshares To Underperform, Lowers PO To $42
Tuesday, July 12, 2011 - 6:42am | 29Bank of America has downgraded Commerce Bancshares (NASDAQ: CBSH) from Neutral to Underperform and has lowered the price objective from $43 to $42.
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Bank of America Upgrades City National To Neutral, Raises PO To $55
Tuesday, July 12, 2011 - 6:41am | 30Bank of America has upgraded City National Corporation (NYSE: CYN) from Underperform to Neutral and has raised its price objective from $54 to $55.
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Bank of America Upgrades M&T Bank To Buy, Raises PO To $100
Tuesday, July 12, 2011 - 6:40am | 30Bank of America has upgraded M&T Bank (NYSE: MTB) from Neutral to buy and has raised the price objective from $91 to $100.
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Bank of America Upgrades Synovus To Neutral, Lowers PO To $2.20
Tuesday, July 12, 2011 - 6:39am | 30Bank of America has upgraded Synovus Financial Corporation (NYSE: SNV) from Underperform to Neutral and has lowered its price objective from $2.50 to $2.20.
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Bank of America Downgrades Bank of Hawaii To Underperform, Lowers PO To $45
Tuesday, July 12, 2011 - 6:38am | 30Bank of America has downgraded Bank of Hawaii (NYSE: BOH) from Neutral to Underperform and has lowered the price objective from $47 to $45.
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Jefferies Lowers PT On Signature Bank to $66
Tuesday, July 12, 2011 - 6:01am | 27Jefferies & Company has lowered the price target on Signature Bank (NASDAQ: SBNY) from $67 to $66 and maintains its Buy rating.
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NASDAQ Stocks Hitting 52-Week Lows
Monday, July 11, 2011 - 9:28am | 137TORM A/S (NASDAQ: TRMD) shares fell 4.15% to create a new 52-week low of $3.70. TRMD's trailing-twelve-month ROE is -15.75%. SMART Technologies Inc (NASDAQ: SMT) shares dropped 0.73% to create a new 52-week low of $5.45. SMT's trailing-twelve-month profit margin is 8.78%. RRSat Global...