The markets are off to a slightly positive start for this new week. Here are the names that are making headlines this morning.
BB&T ( BBT): Stock is lower after the company reports first-quarter results. CME Group ( CME): The stock is higher on a rumor the company may be buying the CBOE. Eaton ( ETN): Shares are higher after third-quarter results. Gannett ( GCI): The stock is higher after the company beats analyst expectations. Hasbro ( HAS): Shares are slightly after company reports earnings results. Sprint Nextel ( S): The stock is flat on news the company is buying iPCS affiliate. Weatherford ( WFT): Shares are lower following third-quarter results.
Upgrades to Watch
AirTran ( AAI): JPMorgan raises stock to an overweight. $11 price target. American Express ( AXP): FBR Capital Markets raises stock to a market perform. $37 price target. Big Lots ( BIG): Pali Research raises stock to a buy. $31 price target. Peabody Energy ( BTU): FBR Capital Markets raise price target to $49. CBS ( CBS): Morgan Stanley raises price target to $16. Continental Resources ( CLR): SunTrust Robinson Humphrey raises price target to $53. Capital One ( COF): FBR Capital Markets raises estimates. $40 price target. Coach ( COH): Barclays Capital raises estimates. $40 price target. CenturyTel ( CTL): Wells Fargo reinitiates coverage with a buy rating. $38-$40 price target. Dick's Sporting Goods ( DKS): Piper Jaffray raises price target to $28. Dr. Pepper Snapple ( DPS): UBS increases estimates. $31 price target. Estee Lauder ( EL): Goldman Sachs raises estimates. $37 price target. First Horizon ( FHN): FBR Capital Markets raises estimates. $12 price target. Fidelity National ( FIS): Credit Suisse raises price target to $25. General Electric ( GE): Morgan Stanley raises estimates. $20 price target.