American Capital Agency Corp. (AGNC) (Long single tier pre 8 am mkt at 27.97)
Priced a 28 mln share common stock offering for total estimated gross proceeds of approximately $780 mln (which equates to roughly $27.86/share).
James River Coal Company (JRCC) (Long single tier pre mkt at 22.15)
Announced a 6 mln share common stock offering pursuant to its effective shelf registration statement; announces concurrent offering of $125 mln of convertible sr notes.
Humana Inc. (HUM)
Upgraded to Neutral from Sell at Goldman (Goldman upgraded Humana citing an improved view of Medicare Advantage.) Price target raised to $69 from $65.
Up 3.81% to $220.94 in pre-market trading after the company is reportedly upgraded to Outperform from Neutral at Credit Suisse. The firm raised price target to $280 from $180.
CSX Corporation (CSX)
upgraded to Overweight from Equal Weight at Barclays Price target raised to $94 from $82.
Nordstrom, Inc. (JWN)
Upgraded to Buy from Neutral at Goldman (Stock Price: 42.30)
VMware, Inc. (VMW)
upgraded to Buy from Neutral at BofA/Merrill
Noble Corporation (NE)
Upgraded to Outperform from Market Perform at BMO Capital
Yahoo! Inc. (YHOO)
price target raised to $18 from $16 at Benchmark Co.
Zions Bancorporation (ZION)
upgraded at Credit Suisse Price target raised to $32 from $26.
Sprint Nextel Corporation (S)
upgraded to Strong Buy from Outperform at Raymond James – tgt $6 (Stock Price: 4.36)
Towerstream Corporation (TWER)
Morgan Joseph Downgraded to SELL (from Hold) Price Target: 3
OpenTable Inc (OPEN)
price target raised to $104 form $95 at Morgan Keegan
(Tim’s Highlights are in bold & bold italics).
By: Timothy Kelleher
Disclosure: Long JRCC