PennyOmega.com Stocks Upgraded, Downgraded and Short Highlights Before the Bell Friday November 13, 2009
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Friday November 13, 2009
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NovaBay Pharmaceuticals, Inc. (NYSE Amex: NBY), a clinical-stage biopharmaceutical company developing first-in-class anti-infective products for the treatment and prevention of a wide range of infections, today reported financial results for the third quarter ended September 30, 2009.
FormFactor, Inc. (NASDAQ: FORM) announced today The International Trade Commission (ITC) issued a final determination in the investigation of probe card manufacturers Phicom Corporation and Micronics Japan Company, Ltd., Investigation No. 337-TA-621. In the Final Determination, certain of FormFactor’s asserted patent claims were found valid, but not infringed, and other asserted patent claims were found invalid. The ITC has terminated the investigation without issuing an exclusionary order against any products. The ITC released only a three-page notice and indicated that the full Final Determination would be issued later.
Enbridge Inc. (NYSE: ENB) today announced it will conduct a binding Open Season beginning Friday, November 13, 2009, for its LaCrosse pipeline designed to transport natural gas from Carthage, Texas, to multiple delivery points in Southeastern Louisiana.
First Horizon National Corp. (NYSE:FHN) will post additional materials for analysts on the investor relations section of its Web site at http://ir.fhnc.com/ today. First Horizon expects to provide these materials to analysts at upcoming meetings and conferences. The materials will be posted on the Web site until Dec. 31.
StealthGas Inc. (Nasdaq:GASS), a ship-owning company serving primarily the liquefied petroleum gas (LPG) sector of the international shipping industry, announced today that it will release its third quarter and nine months results for the period ended September 30, 2009 on Tuesday, November 17, 2009 before the opening of the market in New York.
PMFG, Inc. (Nasdaq:PMFG) today announced that it has been awarded two Process Products contracts with a combined value of approximately $5.5 million.
Stocks Upgraded Todaya
| Company | Ticker | Brokerage Firm | Ratings Change | Price Target |
|---|---|---|---|---|
| URS | URS | Broadpoint AmTech Research | Neutral » Buy | $50 |
| Career Education | CECO | Barclays Capital | Underweight » Equal Weight | $26 » $29 |
| Microsemi | MSCC | Needham | Hold » Buy | $18 |
| Cybex | CYBI | B. Riley & Co | Neutral » Buy | |
| Rosetta Resources | ROSE | Sun Trust Rbsn Humphrey | Neutral » Buy | $19 |
| Qualcomm | QCOM | Wells Fargo | Market Perform » Outperform | |
| Advanced Micro | AMD | Auriga U.S.A | Sell » Hold | $3 » $6 |
| Evolution Petroleum | EPM | Wunderlich | Hold » Buy | $10 |
| Juniper Networks | JNPR | Oppenheimer | Perform » Outperform | $31 |
Stocks Downgraded Today
| Company | Ticker | Brokerage Firm | Ratings Change | Price Target |
|---|---|---|---|---|
| Esco Tech | ESE | Brean Murray | Buy » Hold | |
| Select Medical | SEM | B. Riley & Co | Buy » Neutral | |
| Youbet.com | UBET | B. Riley & Co | Buy » Neutral | |
| The9 Ltd | NCTY | JP Morgan | Overweight » Neutral | |
| Perfect World | PWRD | Pali Research | Buy » Neutral | |
| China Automotive | CAAS | Global Hunter Securities | Buy » Neutral | $16.50 |
| Repsol SA | REP | Deutsche Securities | Hold » Sell |
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Tags: CAAS, CECO, CYBI, EPM, ESE, JNPR, MSCC, NCTY, PWRD, QCOM, REP, ROSE, UBET, URS
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