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UPDATE: J.P. Morgan Raises PT on Comerica on Improved Economic Data
13 mins ago - Benzinga - May 21, 2013 12:29 PM
In a report published on Monday, J.P. Morgan analyst Steven Alexopoulos raised the price target on Comerica (NYSE: CMA) from $38 to $41 and maintained a rating of Overweight.



Herbalife Confirms PricewaterhouseCoopers as Auditor
30 mins ago - Benzinga - May 21, 2013 12:12 PM
Herbalife Ltd. (NYSE: HLF) today filed a Form 8-K indicating that the AuditCommittee of its Board of Directors has engaged PricewaterhouseCoopers LLP("PwC") as the Company's independent auditors.



AutoZone Cruises Uphill on Successful Third Quarter
31 mins ago - Benzinga - May 21, 2013 12:11 PM
AutoZone (NYSE: AZO) is riding uphill on Tuesday after posting successful third-quarter earnings and matching revenue estimates.The Memphis-based firm's EPS rose 15.7 percent year-over-year to $7.27, beating expectations of $7.23.



UPDATE: Goldman Sachs Raises PT on Ethan Allen Despite Lower Sales Forecasts
47 mins ago - Benzinga - May 21, 2013 11:54 AM
In a report published on Monday, Goldman Sachs analyst Matthew Fassler maintained a Sell rating on Ethan Allen (NYSE: ETH) but raised the 12 month price target from $24.00 to $26.00.



UPDATE: Canaccord Genuity Maintains Buy Rating for Ecolab on Global Growth
55 mins ago - Benzinga - May 21, 2013 11:46 AM
In a report published on Monday, Canaccord Genuity analyst Chip Moore reiterated Buy for Ecolab (NYSE: ECL) and raised the price target from $93.00 to $100.00.



UPDATE: Goldman Sachs Raises PT on American Express on Stable Spending Trends
57 mins ago - Benzinga - May 21, 2013 11:45 AM
In a report published on Tuesday, Goldman Sachs analyst Ryan Nash raised the price target on American Express (NYSE: AXP) from $70.00 to $76.00 and maintained a Neutral rating.



Bernstein Sees Deal Between Vodafone, Verizon Unlikely, Says Recent Mgmt Comments Suggest Verizon Could Withhold Dividends
1 hour ago - Benzinga - May 21, 2013 11:27 AM
Bernstein's Robin Bienenstock issued a note Tuesday morning suggesting a deal by Vodafone (NASDAQ: VOD) to sell its Verizon Wireless (NYSE: VZ) stake is "highly unlikely" in the next two years.



UPDATE: Bank of America Raises PO on Qihoo on Mobile Monetization with Growing Search
1 hour ago - Benzinga - May 21, 2013 11:26 AM
In a report published on Tuesday, Bank of America analyst Chao Wang raised the price objective on Qihoo (NYSE: QIHU) from $41 to $50, and reiterated a Buy rating.



UPDATE: Bank of America Raises PO on Newell Rubbermaid on Development Improvements
1 hour ago - Benzinga - May 21, 2013 11:14 AM
In a report published on Tuesday, Bank of America analyst Christopher Ferrara raised the price objective on Newell Rubbermaid (NYSE: NWL) from $30.00 to $32.00, and reiterated a Buy rating.



UPDATE: Oppenheimer Raises PT on Tesoro Following Carson City Transaction
1 hour ago - Benzinga - May 21, 2013 11:12 AM
In a report published Tuesday, Oppenheimer analyst Fadel Gheit reiterated an Outperform rating on Tesoro (NYSE: TSO), and raised the price target from $65.00 to $75.00.



UPDATE: Bank of America Raises PO on Campbell Soup on Strong Performance from Soup Drives
2 hours ago - Benzinga - May 21, 2013 11:11 AM
In a report published Tuesday, Bank of America analyst Bryan Spillane raised the price objective on Campbell Soup (NYSE: CPB) from $40.00 to $47.00 and maintained a Neutral rating.



UPDATE: Credit Suisse Lowers PT on Carnival on Updated 2013 Guidance
2 hours ago - Benzinga - May 21, 2013 10:59 AM
In a report published Tuesday, Credit Suisse analyst Joel Simkins reiterated a Neutral rating on Carnival (NYSE: CCL), but lowered the price target from $34.00 to $32.00.



UPDATE: Deutsche Bank Reiterates Hold, Lowers PT on Kosmos Energy on Disappointing Sipo Results
2 hours ago - Benzinga - May 21, 2013 10:51 AM
In a report published Tuesday, Deutsche Bank analyst Greg Poole reiterated a Hold rating on Kosmos Energy (NYSE: KOS), but slightly lowered the price target from $16.00 to $15.00.



UPDATE: Deutsche Bank Reiterates Buy, Raises PT on Wausau Paper on Speciality Paper Operations Sale Announcement
2 hours ago - Benzinga - May 21, 2013 10:47 AM
In a report published Tuesday, Deutsche Bank analyst Mark Wilde reiterated a Buy rating on Wausau Paper (NYSE: WPP), and slightly raised the price target from $13.00 to $14.00.



Stocks Hitting 52-Week Lows
2 hours ago - Benzinga - May 21, 2013 10:46 AM
Sappi (NYSE: SPP) shares reached a new 52-week low of $2.33. Sappi's PEG ratio is -0.13.LATAM Airlines Group S.A. (NYSE: LFL) shares fell 0.89% to touch a new 52-week low of $19.02.



Should Big Tobacco Have a Place in Your Portfolio?
2 hours ago - The Motley Fool - May 21, 2013 10:34 AM
Although smoking seems old fashioned for many, big tobacco companies still seem poised to grow. Altria (NYSE: MO), Philip Morris (NYSE: PM) and British American Tobacco (NYSE: BTI) offer compelling growth prospects, generating a buy consensus amongst



UPDATE: Jefferies Reiterates Hold Rating, Raises PT on Actavis on WCRX Acquisition Announcement
2 hours ago - Benzinga - May 21, 2013 10:25 AM
In a report published Tuesday, Jefferies analyst Corey Davis reiterated a Hold rating on Actavis (NYSE: ACT), and raised the price target from $120.00 to $133.00.



UPDATE: Jefferies Reiterates Hold Rating, Raises PT on Eaton VanceAhead of F2Q13 Earnings
2 hours ago - Benzinga - May 21, 2013 10:23 AM
In a report published Tuesday, Jefferies analyst Daniel T. Fannon reiterated a Hold rating on Eaton Vance (NYSE: EV), and raised the price target from $40.00 to $42.00.



UPDATE: Morgan Stanley Reiterates Underweight on Campbell Soup on Questionable Sustainability of Sales
2 hours ago - Benzinga - May 21, 2013 10:21 AM
In a report published on Monday, Morgan Stanley analyst Matthew Grainger reiterated Underweight for Campbell Soup (NYSE: CPB) based on unclear prospects for the growth of future soup sales.



Is Crude Ready to Crack or Breakout?
3 hours ago - Forbes - May 21, 2013 10:09 AM
Stocks were a bit mixed Monday, as while the S&P 500, Dow Industrials, and Dow Transports closed lower, the NYSE Composite was higher. The market internals were much stronger than prices.



UPDATE: Jefferies Reiterates Hold Rating, Raises PT on BancorpSouth Following Gulf South Bank Conference
3 hours ago - Benzinga - May 21, 2013 10:06 AM
In a report published Tuesday, Jefferies analyst Emlen Harmon reiterated a Hold rating on BancorpSouth (NYSE: BXS), and slightly raised the price target from $15.00 to $16.00.



Morning Market Movers
3 hours ago - Benzinga - May 21, 2013 10:05 AM
SoundBite Communications (NASDAQ: SDBT) shares advanced 65.89% to $4.96 after Genesys announced its plans to acquire SoundBite Communications.Yingli Green Energy Holding Co (NYSE: YGE) surged 31.13% to $4.0650 after the company announced preliminary



UPDATE: Jefferies Reiterates Hold Rating, Raises PT on hhgregg on Potential Upside
3 hours ago - Benzinga - May 21, 2013 10:02 AM
In a report published Tuesday, Jefferies analyst Daniel Binder reiterated a Hold rating on hhgregg (NYSE: HGG), and raised the price target from $8.00 to $14.00.



UPDATE: Jefferies Reiterates Hold Rating, Raises PT on Campbell Soup Following Strong 3Q13 Results
3 hours ago - Benzinga - May 21, 2013 10:00 AM
In a report published Tuesday, Jefferies analyst Thilo Wrede reiterated a Hold rating on Campbell Soup (NYSE: CPB), and raised the price target from $40.00 to $44.00.



UPDATE: Jefferies Downgrades First Republic Bank to Hold, Lowers PT on Weak Deposit Growth
3 hours ago - Benzinga - May 21, 2013 9:56 AM
In a report published Tuesday, Jefferies analyst Casey Haire downgraded the rating on First Republic Bank (NYSE: FRC) from Buy to Hold, and lowered the price target from $44.00 to $40.00.



UPDATE: Topeka Capital Markets Initiates Coverage on Ducommun With Buy Rating, $22 PT on Attractive Entry Point
3 hours ago - Benzinga - May 21, 2013 9:54 AM
In a report published Tuesday, Topeka Capital Markets analyst Michael Callahan initiated coverage on Ducommun (NYSE: DCO) with a Buy rating and $22.00 price target.



UPDATE: Piper Jaffray Initiates Coverage on LeapFrog With Overweight Rating, $11 PT on Compelling Investment Opportunity
3 hours ago - Benzinga - May 21, 2013 9:40 AM
In a report published Tuesday, Piper Jaffray analyst Stephanie S. Wissink initiated coverage on LeapFrog (NYSE: LF) with an Overweight rating and $11.00 price target.



ICE and NYSE file deal with EU regulators
3 hours ago - FT - May 21, 2013 9:37 AM
Deal worth $10bn would create one of the world’s largest derivatives exchanges. The authorities have 25 workdays for an initial investigation



UPDATE: Deutsche Bank Initiates Coverage on Taylor Morrison With a Hold Rating
3 hours ago - Benzinga - May 21, 2013 9:27 AM
In a report published Tuesday, Deutsche Bank analyst Nishu Sood initiated coverage on Taylor Morrison (NYSE: TMHC) with a Hold rating and a $26 price target. 



Results from Phase III Studies of Naloxegol for Treatment of Opioid-Induced Constipation Presented at Digestive Disease Week 2013
3 hours ago - Benzinga - May 21, 2013 9:26 AM
AstraZeneca (NYSE: AZN) today presented the results of two pivotal Phase III studies of naloxegol showing the 25 mg dose of the investigational drug met its primary and secondary endpoints for efficacy and showed a safety profile consistent with prev



Clearwire Says to Review Revised Bid from Sprint, Moves Meeting to May 30th
4 hours ago - Benzinga - May 21, 2013 9:04 AM
Clearwire Corporation(NASDAQ: CLWR) ("Clearwire" or the "Company") today confirmed that it hasreceived a revised offer from Sprint (NYSE: S) to acquire the approximately 50percent stake in the Company it does not currently own for $3.40 per share.Con



Sprint Submits Increased Offer for Clearwire to $3.40 per Share
4 hours ago - Benzinga - May 21, 2013 9:02 AM
Sprint (NYSE: S) today announced that it has submitted an increased offer to the Board of Directors of Clearwire (NASDAQ: CLWR) to acquire the approximately 50 percent stake in the company it does not currently own for $3.40 per share, valuing Clearw


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Home Depot Earnings Review: Shares Rise on High Premarket Volume
4 hours ago - Benzinga - May 21, 2013 9:01 AM
Tuesday morning, Home Depot (NYSE: HD) released Q1 earnings, beating analyst EPS and Revenue estimates. EPS landed at $0.83 per share versus the consensus of $0.76 with revenue at 19.1 billion versus a consensus of $18.67.


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Best Buy Misses Q1 Revenue Consensus
4 hours ago - Benzinga - May 21, 2013 8:59 AM
Best Buy (NYSE: BBY) released first quarter earnings for a 13 week period as compared to a 14 week period in 2012. The retailer beat EPS estimates by a whopping 28 percent, but missed on revenue by 11.92 percent.



Benzinga's Top Pre-Market Losers
4 hours ago - Benzinga - May 21, 2013 8:21 AM
Carnival (NYSE: CCL) shares fell 8.35% to $32.37 in the pre-market trading after the company lowered its earnings forecast.Ironwood Pharmaceuticals (NASDAQ: IRWD) dipped 3.83% to $13.30 in the pre-market session after the company announced proposed p



Benzinga's Top Upgrades
4 hours ago - Benzinga - May 21, 2013 8:17 AM
Analysts at Wunderlich upgraded Con-Way (NYSE: CNW) from “hold” to “buy.” The target price for Con-Way has been raised from $37 to $45.



Benzinga's Top Downgrades
5 hours ago - Benzinga - May 21, 2013 8:01 AM
Analysts at Jefferies downgraded First Republic Bank (NYSE: FRC) from “buy” to “hold.” The target price for First Republic Bank has been lowered from $44 to $40. First Republic Bank's shares closed at $39.93 yesterday.



UPDATE: AutoZone FQ3 Profit Up 6.8%
5 hours ago - Benzinga - May 21, 2013 7:57 AM
AutoZone (NYSE: AZO) reported a 6.8% rise in its fiscal third-quarter earnings.AutoZone's quarterly profit surged to $265.6 million, or $7.27 per share, from $248.6 million, or $6.28 per share, in the year-ago period. Its revenue gained 4.5% to $2.21



UPDATE: Best Buy Posts Upbeat Q1 Profit
5 hours ago - Benzinga - May 21, 2013 7:54 AM
Best Buy Co (NYSE: BBY) posted a loss in its fiscal 2014 first quarter. Best Buy posted a quarterly loss of $81 million, or $0.24 per share, versus a year-earlier profit of $158 million, or $0.46 per share. Its per-share earnings from continuing oper



UPDATE: Medtronic Posts Upbeat Q4 Profit
5 hours ago - Benzinga - May 21, 2013 7:50 AM
Medtronic (NYSE: MDT) reported an upbeat fourth-quarter profit.Medtronic's quarterly net earnings came in at $969 million, or $0.95 per share, versus $991 million, or $0.94 per share, in the year-ago period.


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Genpact Announces 5-Year Contract Extension with Genworth Financial
6 hours ago - Benzinga - May 21, 2013 7:11 AM
Genpact Limited (NYSE: G), a global leader in business process management and technology services, today announced a five-year contract extension with Genworth Financial, Inc.



Berkshire Hathaway Purchase Sends Chicago Bridge & Iron to New All-Time Highs
6 hours ago - Benzinga - May 21, 2013 7:05 AM
On Wednesday, May 15, Warren Buffett's holding company Berkshire Hathaway (NYSE: BRK-A)(NYSE: BRK-B) revealed that it had added a position in Chicago Bridge & Iron (NYSE: CBI) in the first quarter of 2013.


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United to Add 40 Embraer 76-Seat Aircraft to Express Fleet
6 hours ago - Benzinga - May 21, 2013 6:53 AM
United Airlines (NYSE: UAL) today announced a capacity purchase agreement for SkyWest Airlines, Inc. (NASDAQ: SKYW), a wholly-owned subsidiary of SkyWest, Inc., to operate 40 Embraer (NYSE: ERJ) 175 aircraft under the United Express brand. SkyWest, I


2

HB Fuller to Acquire Plexbond Quimica
6 hours ago - Benzinga - May 21, 2013 6:46 AM
H.B. Fuller Company (NYSE: FUL) announced today that it has signed an agreement to purchase adhesives company Plexbond Quimica, S/A, a provider of chemical polyurethane specialties and polyester resins.


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UPDATE: Home Depot Posts Rise In Q1 Profit, Lifts 2013 Forecast
6 hours ago - Benzinga - May 21, 2013 6:37 AM
Home Depot (NYSE: HD) reported an 18.5% increase in its Q1 earnings and lifted its 2013 earnings forecast. Home Depot's quarterly profit surged to $1.2 billion, or $0.83 per share, versus $1 billion, or $0.68 per share, in the year-ago quarter.



Powerful Breakout May Be Setting Up in Molycorp
6 hours ago - Benzinga - May 21, 2013 6:32 AM
A confluence of factors could push shares of battered rare earth miner Molycorp (NYSE: MCP) higher in the coming weeks. Despite only becoming a publicly traded company in 2010, Molycorp has already had a very colorful history.


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ETFs to Watch May 21, 2013 (BOND, FEZ, NUGT)
6 hours ago - Benzinga - May 21, 2013 6:27 AM
Here is the ETF Professor's ETF Watch List for Tuesday, May 21, 2013.Obvious plays of the day: Direxion Daily Gold Miners Bull 3X Shares (NYSE: NUGT) and the Guggenheim Solar ETF (NYSE: TAN).Give the SPDR EURO STOXX 50 ETF (NYSE: FEZ) a look.The Firs


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Honeywell to Supply Avionics Suite for Pilatus PC-24 Twin Jet
7 hours ago - Benzinga - May 21, 2013 6:11 AM
Honeywell (NYSE: HON) has been selected by Pilatus Aircraft Ltd. to supply the avionics suite for the newly announced Pilatus PC-24 Twin Jet.


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Hershey Launches New Candy Brand in China
7 hours ago - Benzinga - May 21, 2013 6:10 AM
Today The Hershey Company (NYSE: HSY) announced it is launchingan innovative new candy brand in China called “Lancaster™.” Thenew products will initially launch in three cities – Wuhan, Hangzhou andChengdu – in June, followed by a wider


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DISH, Sprint to Begin Due Diligence, Begin Negotiations
7 hours ago - Benzinga - May 21, 2013 6:01 AM
DISH Network Corporation (NASDAQ: DISH) ("DISH") responded Monday toSprint Nextel Corporation's (NYSE: S) announcement (“Sprint”) that it has receiveda waiver of various provisions under the merger agreement between it andSoftBank Corp.