General Electric - Moody’s has downgraded its rating for both GE and its GE Capital subsidiary. Moody’s cites risks associated with GE Capital for both moves. GE counters by saying its liquidity and capital position have never been stronger.
Biogen Idec - Goldman has upgraded the stock to "buy" from "neutral," saying the risk/reward ratio is still attractive despite recent outperformance.
Hovnanian - The homebuilder has announced a secondary offering of 25 million common shares.
SanDisk - The chipmaker says weak demand from mobile phone makers, as well as lower prices from a glut of memory chips, are hurting both its margins and revenues.
U.S. Airways - The airline is stepping up overtures for bankrupt American Airlines parent AMR, reportedly telling creditors that a combination of the two could result in annual savings of more than $1.5 billion.
Illumina - Roche is increasing its efforts to convince the gene sequencing company to accept its sweetened $6.7 billion takeover bid. It says the offer represents concrete value in a high-risk market.
Tim Horton - Goldman Sachs has downgraded the chain's stock to "neutral" from "buy," saying that while it's still positive on the stock, it sees better opportunities elsewhere in the restaurant category.Page 2 of 3 | Prev Page | Next Page