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 |