Research in Motion RIMM downgraded Raymond James

12/01/08 - Raymond James has come out this morning and cut their price target on Research in Motion ( RIIM ) from $80 to $72. I'm guessing they are citing weak holiday sales.

Upgrades & Downgrades 12/01/08

Bankrate RATE - Citigroup from Hold to Buy
Toll Brothers TOL - Credit Suisse from Underperform to Neutral

Abercrombie & Fitch ANF - Pali Research to Sell - Price Target $18 to $15
Morgan Stanley MS - Credit Suisse to Outperform - Price Target $45 to $37.5
Goldman Sachs GS - Credit Suisse to Outperform - Price Target $187.5 to $140

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Stock Market 10/12/08 - Dow Jones, G7 Meeting, Morgan Stanely ( MS )

What is in store for next week in the stock market? All eyes are on the G7 meeting this weekend and so far nothing much has come out of it. The US will start buying stakes in the US banks....this is positive but not enough. Monday 10/12 & Tuesday 10/13 could get real ugly if nothing comes out of this G7 meeting......which in my opinion is the reason the stock market had that explosive rally upward at the end of the day today.

All eyes will also be on the Morgan Stanley ( MS ) deal ......if that doesn't close look out below!

I have been buying the big dips and selling the rips....until further notice...

Morgan Stanley ( MS ) ( GS ) Goldman Sachs 10/10/08

Morgan Stanley ( MS ) and Goldman Sachs ( GS ) are tanking this morning causing stocks to fall even further.

Dow Jones futures are at 8350 ....down another 250ish points so far this morning.

All eyes will be on trading today....If we tank and close positive...a strong case for the bottom will be made. Also, something could come out of the g-7 meeting this weekend.

Morgan Stanley ( MS ) Merger Talks

Morgan Stanley is in further talks today in regards to a merger with Wachovia Bank. It has been reported that they ar advanced talks.

CNBC Charlie Gasparino 11:11am EST - Morgan Stanley is in advanced talks with Wachovia for a Merger.....not sure if it will happen...but this is real! MS is also looking to China for Capital

MS, WB - Merger? Morgan Stanley & Wachovia in talk to Merge

CNBC is reporting that Morgan Stanley ( MS ) and Wachovia ( WB ) are in early talks in what could be a possible merger.....both stocks are rising afterhours and so are market futures.

Stay Tuned..........

( MS ) Morgan Stanley Earnings Suprise!! 9/16/08

Morgan Stanley ( MS ) preannounces earnings tonight and they look awesome!

MS reports $1.32 EPS on Revenue of 8 Billion beating Wall Street estimates by a mile!

MS stock afterhours is trading at $31.75 up 5% from the close.

Stock Market Futures are surging but as you know, this can all change in a second in this stock market!