INDICES:
[DJIA] Closed down 9.35 to 10578.24, a loss of 0.08%
[Nasdaq] Closed down 12.47 to 2757.91, a loss of 0.45%
[S&P] Closed up 0.35, a gain of 0.02%
[30-Year Bond] Closed up 0.97% to 5.61%
MOVERS:
Largest Point Gainers: (MCDT)+9 1/8, (AMGN)+7 5/8, (BBH)+6 15/16 (TUSC)+6 15/16, (CTLM)+5 7/8, (MYGN)+5 5/8
Largest % Gainers: (MALL)+128.6%, (LARS)+72.3%, (MRCH)+68.3%, (WAC)+60.0%, (KAYE)+50.8%, (TUSC)+49.6%
SHAKERS:
Largest Point Losers: (TKTX)-10 7/8, (VSTR)-9 1/8, (NVR)-9.10, (EPNY)-8 5/32, (PTEL)-7 9/16, (PWAV)-7 5/16
Largest % Losers: (NTWO)-34.6%, (TKTX)-32.0%, (NTRG)-25.0%, (TT)-23.5%, (EVOK)-22.2%, (EPNY)-22.0%
IPO’s: none
SPLITS:
-Companies trading on a split adjusted basis today -
(SWWC) Southwest Water Co., 5 to 4
(TALX) TALX Corp, 3 to 2
-Companies trading on a split adjusted basis Tuesday - none
UPGRADES/DOWNGRADES/INITIATED/REINSTATED:
ABN Amro Downgrades Amazon.com To Add From Buy (AMZN)
ABN Amro Downgrades GPU Inc. To Hold From Add (GPU)
Banc Of America Upgrades Aflac To Strong Buy From Buy (AFL)
BB&T Cuts Carpenter Tech To L-T Buy, Goal Falls To $38 (CRS)
Bear Stearns Downgrades Prodigy Comm. To Attractive (PRGY)
Bear Stearns Lowers Knight Ridder To Attractive From Buy (KRI)
Bear Stearns Upgrades Airborne Freight To Neutral (ABF)
CE Unterberg Hikes Travelocity Target To $25, Keeps Buy (TVLY)
CIBC Upgrades Oxford Health Plans To Buy From Hold (OXHP)
CSFB Reduces Home Depot 2001 EPS To $1.23 From $1.36 (HD)
CSFB Reiterates Silicon Valley Banc At Buy, $45 Target (SIVB)
CSFB Restarts MarchFirst With 'Buy' Rating, $8 Target (MRCH)
First Union Lifts Ruby Tuesday Target To $18 From $15 (RI)
First Union Maintains Global Marine At Buy, $35 Target (GLM)
First Union Upgrades Amgen To Buy, $91 Target (AMGN)
Friedman Billings Upgrades Brookline Bancorp To Accumulate (BRKL)
ING Barings Downgrades Roper Ind. To Hold From Buy (ROP)
ING Barings Upgrades Schlumberger To Strong Buy From Buy (SLB)
Jefferies Downgrades GBC Bancorp To Accum From Buy (GBCB)
Jefferies Upgrades Entergy To Buy From Hold, $40 Target (ETR)
Jefferies Upgrades FPL Group To Buy, $68.50 Target (FPL)
JP Morgan Upgrades AOL Time Warner To Buy From L-T Buy, with $75 price target (AOL)
Kaufman Bros. Maintains Amdocs 'Buy' Rating, $115 Target (DOX)
Lehman Downgrades Ball Corp. To Buy From Strong Buy (BLL)
Lehman Keeps Openwave Sys At Strong Buy, $120 Target (OPWV)
Lehman Upgrades Aflac To Strong Buy, Sets $67 Target (AFL)
Lichtenstein Lifts Nathan's Famous Stake To 13.9% (NATH)
Merrill Clips XO Comm. Target To $50, Reits I-T/L-T Buy (XOXO)
Merrill Downgrades AutoZone On Near-Term Challenges (AZO)
Merrill Downgrades Cabot To I-T Accumulate From Buy (CBT)
Merrill Upgrades Amgen To L-T Buy From Accumulate, with a $72 price target (AMGN)
Merrill Lifts Northern Trust To I-T Accum. From Neutral (NTRS)
Merrill Lowers AutoZone To I-T Neutral From Accum. (AZO)
Merrill Maintains Covad Comm. At I-T/L-T Reduce (COVD)
Merrill Maintains Dell At I-T/L-T Buy, $32 Target (DELL)
Merrill Reiterates Gillette At I-T Accumulate, L-T Buy (G)
Merrill Reiterates VeriSign At I-T/L-T Buy, $120 Target (VRSN)
Merrill Reits Veritas Software At I-T Accum., L-T Buy (VRTS)
Merrill Starts Telekom Austria At I-T Neutral, L-T Accum. (TKA)
Merrill Ups Durban Roodepoort Deep To I-T Accumulate (DROOY)
Morgan Stanley Cuts Scientific-Atlanta To Outperform (SFA)
Morgan Stanley Cuts Transkaryotic Thera To Neutral (TKTX)
Morgan Stanley Lifts Amgen To Strong Buy From Outperform (AMGN)
Morgan Stanley Lifts Federated Dept. Stores To Outperform (FD)
Pru Keeps Archer-Daniels-Midland At Strong Buy, $16 Goal (ADM)
Prudential Reiterates Amgen At Accumulate, $75 Target (AMGN)
Salomon Boosts Teva Pharma To Outperform From Neutral (TEVA)
Salomon Cuts Petroleum Geo To Neutral From Outperform (PGO)
Salomon S. Barney Maintains Dell Computer At Neutral (DELL)
Salomon Upgrades Duke Energy To Buy From Outperform, with a $100 price target (DUK)
Sutro Clips ICN Pharma Target By $25 To $30, Reits Buy (ICN)
Thomas Weisel Reiterates VeriSign At Strong Buy (VRSN)
UBS Warburg Cuts Powerwave To Hold, Clips Target To $51 (PWAV)
UBS Warburg Downgrades Interland To Hold, Cuts Goal To $5 (ILND)
USB Piper Lowers ADC Telecom To Buy, Cuts Goal To $23 (ADCT)
Wasserstein Ups Aflac To Buy Rating From Hold >AFL
Wit SoundView Cuts Digital Lightwave To Buy From Strong Buy (DIGL)
Wit SoundView Cuts JDS Uniphase To Buy From Strong Buy (JDSU)
Wit SoundView Downgrades EXFO Electro-Optical To Buy (EXFO)
Wit SoundView Lowers SDL Inc. To Buy From Strong Buy (SDLI)
Wit SoundView Maintains Corning Rating At Strong Buy (GLW)
Wit SoundView Removes Corning Inc. From Focus List (GLW)
WR Hambrecht Clips ADC Telecom Target To $25, Keeps Buy (ADCT)
ECONOMIC DATA:
-Today-
10:00 AM: Leading Indicators, consensus is -0.3%
Results:
December Leading Economic Indicators reported at -0.6%, well below the consensus estimate of -0.3%. November revised lower to -0.4% from -0.2%. |
