Stocks are up nicely this morning on the back of some positive results from
. Let's see who else should be on investors' radars this morning.
: Semiconductor giant is up nicely after earnings beat.
Janus Capital Group
: Stock is 8% lower as CEO leaves and company announces share offering.
: Stock is down after reporting second-quarter results.
: Shares are up nicely despite Q2 profits down 52%.
Wolverine World Wide, Inc
: Company increases guidance. Shares are higher.
Gannett Co., Inc.
: Stock is up on surprise second-quarter profit.
: Shares are unchanged following second-quarter results.
: Stock is lower after Q2 report. Reaffirms 2009 guidance.
Campbell Soup Company
: Shares are higher on 2009 outlook.
: Sig move higher on strong Q2 outlook. Stock is near 52-week highs.
: Stock is slightly higher after reporting Q2 loss.
Upgrades to Watch
: Barclays Capital raises stock to a buy.
: UBS and Keefe, Bruyette & Woods both raise estimates. $180 and $195 price targets.
: Merrill Lynch/Bank of America starts stock with a buy rating. $32 price target.
Compania Vale Do Rio
: Merrill Lynch/Bank of America upgrades stock to a buy. $20 price target.
: SMH Capital upgrades stock to an accumulate. $45 price target.
: Jefferies initiates the stock with a buy rating.
: Morgan Stanley starts stock with an overweight rating. $31 price target.
International Game Technology
: Janney Montgomery Scott raises stock to a buy.
: Merrill Lynch/Bank of America raises stock to a buy. $32 price target.
: started as an overweight. $22 price target.
: Jefferies upgrades stock to a hold. $30 price target.
: Credit Suisse upgrades stock to an outperform. $20 price target.
: Citigroup starts stock with a buy rating. $23 price target.
: Citigroup starts stock as a buy. $29 price target.
Downgrades to Watch
: Morgan Stanley starts stock with an underweight. $34 price target.
Under Armour, Inc.
: UBS initiates stock with a sell. $18 price target.
Pharmaceutical Product Development, Inc.
: Goldman Sachs cuts stock to a sell. $18 price target.
: Merrill Lynch/Bank of America cuts stock to a neutral. Lowers price target to $34.
: SRS and SKF are plays to watch as long ideas if this morning's spike fails to hold.
: Metal prices are spiking higher.
: Could this be the day that oil prices sustain in the positive? Key data out at 10:30 am this morning. Watch APC and OXY (yesterday's upgrades) for any potential follow-through.
: Bonds are falling for a third straight day.
The key to today's action will certainly be Intel and if it can hold this morning's pop. There are plenty of upgrades to put a floor under the market as well. Yum Brands was a disappointment, and is also one to watch. I would let the first hour shake out to try and get a better read on today. I'll be back in the afternoon with a midday update.
At the time of publication, the author had no positions in stocks mentioned, although positions may change at any time.
Tom Reese and Paul Rubillo are senior editors of Dividend.com. Visit Dividend.com for more dividend stock ratings, picks, news, and analysis for long-term and income-seeking investors.