News over weekend:
GAP files for chapter 11
NKTR phase 2 drug data
This morning's news:
FHN, HBAN secondaries--HBAN repaying $1.4b of TARP funding
DNEX to be acquired by TMO for $118.50/share cash
CML to be acquired by DELL for $27.75/share cash
MGLN lowers 2011 rev and EPS guidance
HRL 2 for 1 stock split
This mornings earnings
ENZ
Analyst actions:
APOL FBR ups Underperform to Market Perform
AAPL Goldman adds to Conviction Buy list
EXC Jefferies ups Hold to Buy
SODA Oppenheimer initiates with Outperform
SODA Deutsche Bank initiates with Hold
SODA William Blair initiates with Outperform
SODA JPMorgan initiates with Neutral
JDSU Piper Jaffray ups Neutral to Overweight
NKE UBS ups Neutral to Buy
BMC Cowen ups Neutral to Outperform
SNDA Deutsche Bank cuts Hold to Sell
PSA Credit Suisse cuts Outperform to neutral
ITRI JPMorgan adds to Focus list
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