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Fly On The Wall Market Snapshot Feb. 26, 2010

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Uploaded by on Feb 26, 2010

Friday, February 26, 2010. At this hour, U.S. equity futures are trading higher. Overseas, the Asian markets advanced , while the European markets are up.




Analyst UPGRADES include: Lamar Advertising (LAMR) upgraded to Overweight from Neutral at JP Morgan.

.AstraZeneca (AZN) upgraded to Neutral from Sell at Goldman.

GlaxoSmithKline (GSK) upgraded to Neutral from Sell at Goldman...

DOWNGRADES:Motorola (MOT) downgraded to Neutral from Buy at UBS.

Athenahealth (ATHN) downgraded to Neutral from Outperform at RW Baird.

Ormat Tech (ORA) downgraded to Neutral from Overweight at Piper Jaffray.

Granite Construction (GVA) downgraded to Equal Weight from Overweight at Stephens.

Hot News: Athenahealth (ATHN) postpones Q4 results in connection with internal review...Bemis Co. (BMS) announced that the U.S. District Court for the District of Columbia signed an order approving Bemis' acquisition of the Food Americas operations of Alcan Packaging, a business unit of international mining group Rio Tinto (RTP)...Lear Corp. (LEA) reported that the company has been notified by the European Commission that it is part of an investigation into anticompetitive practices among automotive electrical and electronic component suppliers...Vanda Pharmaceuticals (VNDA) announced that the U.S. Patent and Trademark Office has issued a notice of allowance for its patent application of a microsphere, long-acting injectable formulation of its antipsychotic product, Fa-napt-ilo-peri-done.

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