This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

pSivida - Upgrades & Downgrades

NEW YORK ( TheStreet) -TheStreet Ratings' stock model upgraded pSivida Corp (PSDV - Get Report) to 'Hold' from 'Sell'. Net income at this $80 million market cap, drug delivery products company reversed course to a profit of $13.1 million from a half million dollar loss in its prior fiscal fourth quarter ending June 30.

TheStreet Ratings released rating changes on 11 additional U.S. common stocks for September 23, 2010. In total, seven stocks were downgraded and five stocks have been upgraded by our stock model.

Fiscal fourth quarter revenue at sSivida Corp increased by a whopping 388% to $15.7 million over the prior fourth quarter. Learn more about sSivida: Company Profile, Income Statement, Balance Sheet, Stock Ratios, Analyst Ratings.

While Scholastic Corp (SCHL - Get Report) had recently been upgraded by our model on improved earnings expectations, the actual fiscal first quarter results reversed our model's opinion on the shares to 'Hold' from 'Buy'. Fiscal first quarter net loss increase to $35.2 million from a year ago loss of $23 million. Over the same period encompassing summer vacation from U.S. schools, revenue contracted by 7.8% to $290.9 million. Learn more about Aetna: Company Profile, Income Statement, Balance Sheet, Stock Ratios, Analyst Ratings.

-- Reported by Kevin Baker in Jupiter, Fla.

For additional Investment Research check out our Ratings Research Center.

Kevin Baker became the senior financial analyst for TheStreet Ratings upon the August 2006 acquisition of Weiss Ratings by, covering mutual funds. He joined the Weiss Group in 1997 as a banking and brokerage analyst. In 1999, he created the Weiss Group's first ratings to gauge the level of risk in U.S. equities. Baker received a B.S. degree in management from Rensselaer Polytechnic Institute and an M.B.A. with a finance specialization from Nova Southeastern University.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
PSDV $3.85 0.00%
SCHL $40.63 0.00%
AAPL $124.25 0.00%
FB $81.66 0.00%
GOOG $542.56 0.00%


DOW 17,698.18 -77.94 -0.44%
S&P 500 2,059.69 -8.20 -0.40%
NASDAQ 4,880.2280 -20.6570 -0.42%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs