Overnight we had higher prices however, we are opening close to the yesterday’s lows.
We are still holding the 1750 support zone.
NEWS:
Apple, GT Advanced to partner on manufacturing plant in Arizona, Reuters reports
Amazon.com offered 15% tablet discount in honor of FAA decision, Politico says
Morgan Stanley traders lost money on seven days in Q3, Bloomberg
Upgrades:
BBRY | BlackBerry to Hold from Sell at Deutsche Bank |
BBRY | BlackBerry to Hold from Sell at Societe Generale |
EGN | Energen to Buy from Neutral at ISI Group |
EGN | Energen to Strong Buy from Buy at ISI Group |
GTAT | GT Advanced to Buy from Neutral at BofA/Merrill |
GTAT | GT Advanced at BofA/Merrill |
HBC | HSBC to Buy from Neutral at Mizuho |
HEP | Holly Energy to Neutral from Sell at Goldman |
LFL | LATAM Airlines to Outperform from Neutral at Credit Suisse |
MDIUY | Mediaset to Conviction Buy from Neutral at Goldman |
MTG | MGIC Investment to Outperform from Market Perform at Keefe Bruyette |
NCMI | National CineMedia to Outperform from Market Perform at Barrington |
SB | Safe Bulkers to Buy from Neutral at Citigroup |
SUNE | SunEdison to Overweight from Neutral at Piper Jaffray |
TTMI | TTM Technologies to Overweight from Neutral at JPMorgan |
UNM | Unum Group to Buy from Neutral at Sterne Agee |
Downgrades:
BBRY | BlackBerry to Underperformer from Sector Performer at CIBC |
BDE | Black Diamond to Neutral from Buy at DA Davidson |
BSFT | BroadSoft to Sector Perform from Outperform at Pacific Crest |
ERJ | Embraer to Neutral from Buy at UBS |
EXLS | ExlService to Perform from Outperform at Oppenheimer |
EXLS | ExlService to Market Perform from Outperform at Wells Fargo |
EXLS | ExlService to Underweight from Neutral at JPMorgan |
HK | Halcon Resources to Market Perform from Outperform at Wells Fargo |
K | Kellogg to Hold from Buy at Deutsche Bank |
LF | LeapFrog to Neutral from Buy at SunTrust |
LINE | LINN Energy to Neutral from Buy at Goldman |
LNCO | LinnCo to Neutral from Buy at Goldman |
NSANY | Nissan to Hold from Buy at Deutsche Bank |
OCN | Ocwen Financial to Market Perform from Outperform at Keefe Bruyette |
PSO | Pearson to Neutral from Buy at Goldman |
RBS | RBS to Underperform from Neutral at Exane BNP Paribas |
ROVI | Rovi to Sell from Neutral at Goldman |
SI | Siemens to Neutral from Buy at UBS |
STJ | St. Jude Medical to Market Perform from Outperform at Bernstein |