NEW YORK ( TheStreet) -TheStreet Ratings' stock model upgraded Harry Winston Diamond Corp ( HWD) to 'Hold' from 'Sell'. Net income at this $909 million market cap, diamond mining and retailing specialist rose to $16.5 million in the second quarter of 2010, ending July 31, from a loss of $24.5 million in the same quarter last year. TheStreet Ratings released rating changes on 14 additional U.S. common stocks for September 1, 2010. In total, eight stocks were downgraded and seven stocks have been upgraded by our stock model. Revenue at Harry Winston Diamond Corp jumped by 62% to $154 million in the second quarter, from the same quarter one year earlier. Learn more about Harry Winston Diamond: Company Profile, Income Statement, Balance Sheet, Stock Ratios, Analyst Ratings. Heading the other direction, being downgraded to 'Hold' from 'Buy', is Bridgford Foods Corp ( BRID). The stock of this $114 million market capitalization, food producer & distributor, has lost a quarter of its value since late June. At SIFCO Industries, fiscal third quarter revenue was flat while the company report its first quarterly loss of $760 thousand since the first quarter of 2008. Learn more about Bridgford Foods: 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.
Shares of Bridgford Foods Corporation (Nasdaq:BRID) have taken a tremendous swing upward. The stock is trading at $9.28 as of 3:56 p.m. ET, 23% above Thursday's closing price of $7.54. Volume is at 14,448, three times the daily average of 4,800.