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Wednesday, September 2, 2009

Stock Market News 9/2/09 September 2 2009

9/2/09 - Good Morning Everyone - Below is a list of stocks getting upgraded in pre market today. I also listed some hot stock market news.

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Hot Stock News - 9/2/09

Vonage Holdings Corporation (VG) - Vonage Obtains Application Approval for iTunes App Store - Resistance continues to be located at $2.25 & $2.63

ACADIA Pharmaceuticals, Inc. (ACAD) - Oversold bounce in pre market this morning

Adventrx Pharmaceuticals, Inc. (ANX) - Form 8-K for ADVENTRX PHARMACEUTICALS INC

American Axle & Manufacturing Holdings Inc. (AXL) - Form 8-K for AMERICAN AXLE & MANUFACTURING HOLDINGS INC

BP plc (BP) - BP says it's made 'giant' oil discovery

ICF International Inc. (ICFI) - ICF International Wins ID/IQ Award for Up To $60M with the U.S. Army Research Institute for the Behavioral and Social Sciences

Ixia (XXIA) - Ixia Enters into Distribution Agreement with Ingram Micro

Joy Global, Inc. (JOYG) - Joy Global posts higher Q3 profit; raises FY09 EPS view

Medicines Co. (MDCO) - The Medicines Company Announces New Patent Issuance for Angiomax(R)

Novavax, Inc. (NVAX) - Downgraded at Oppenheimer - the firm believes the promise of the company's VLP tech is already priced into the stock

Peregrine Pharmaceuticals Inc. (PPHM) - Interim Phase II Data Presented at XIV World Congress of Neurological Surgery Supports Potential of Peregrine's Cotara(R) for Treatment of Brain Cancer

Potash Corp. of Saskatchewan (NYSE: POT) - Potash Corp. ripe for takeover

Skystar Bio Pharmaceutical Company (SKBI) - Skystar Bio-Pharmaceutical Awarded High Technology Enterprise Certificate

Tower Semiconductor Ltd. (TSEM) - Tower Semiconductor Announces Higher Third Quarter Revenue Guidance

VMware, Inc. (VMW) - VMware Leads in Virtual Desktops With VMware View(TM) -- Simplifying Desktop Management, Lowering Costs and Enriching User Experience

Wells Fargo & Co. (NYSE:WFC) - Wells Fargo to Repay TARP ‘Shortly,’ Won’t Raise New Equity


Stock Upgrades - September 2, 2009

Amkor Technology, Inc. (AMKR) - Upgraded to Outperform

The Home Depot, Inc. (HD) - Citigroup reiterates Buy rating with $34 Price Target

Las Vegas Sands Corp. (LVS) - Upgraded at Argus - $18 Price Target

Mosaic Co. (MOS) - Coverage Initiated at CIBC - $57 Price Target

Textron Inc. (TXT) - Upgraded at Goldman Sachs - Conviction Buy - $23 Price Target

Transocean Ltd. (RIG) - Upgraded at BMO Captital = Price Target $115

True Religion Apparel Inc. (TRLG) - Needham reiterates Buy Rating


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