The Fly On The Wall Morning Market Snapshot: April 22, 2010

Good Morning. It's Thursday, April 22, 2010. At this hour, U.S. equity futures are trading lower. Overseas, the Asian markets were mixed, while the European markets were down.

Today's UPGRADES include:

Chipotle Mexican Grill (CMG) upgraded to Buy from Hold at Jefferies...

Online Resources (ORCC) upgraded to Buy from Neutral at Janney Montgomery..

MGIC Investment (MTG) upgraded to Outperform from Market Perform at Keefe Bruyette...

SunTrust (STI) upgraded to Market Perform from Underperform at Keefe Bruyette..

DOWNGRADES: Time Warner (TWX) downgraded to Market Perform from Outperform at BMO Capital...

SunTrust (STI) downgraded to Perform from Outperform at Oppenheimer...

KeyCorp (KEY) downgraded to Sector Perform from Top Pick at RBC Capital..

.Hot News: CenturyLink (CTL) and Qwest Communications (Q) announced that their boards of directors approved a definitive agreement under which CenturyLink will acquire Qwest in a tax-free, stock-for-stock transaction...

Simon Property Group (SPG) announced that it received $1.1B in new capital commitments from ING Clarion Real Estate Securities, Oak Hill Advisors, RREEF and Taconic Capital Advisors to support a recapitalization of General Growth Properties (GGP)...

Target (TGT) announced that it will sell Amazon.com's (AMZN) Kindle beginning with its flagship Minneapolis store and 102 south Florida stores on April 25, and will roll it out to more stores later this year. The price: $259...

Delcath Systems (DCTH) announced that its Phase III National Cancer Institute-led multi-center clinical trial has successfully met the study's primary endpoint of extended hepatic progression-free survival in patients with melanoma metastases to the liver based on an independently corroborated intent-to-treat analysis...

Chipotle Mexican Grill (CMG) plans to open 120-130 restaurants in 2010...

Noble Corp. (NE) has a strong backlog and liquidity in excess of $1.4B

Category:

News & Politics

Tags:

• CMG
• ORCC
• MTG
• STI
• TWX
• KEY
• CTL
• SPQ
• TGT
• AMZN
• DCTH
• NE
• Stock
• News

[Katybug84]

Finally, you can cook all the meals from your favorite restaurants! Red Lobster, Cheesecake Factory, Ruby Tuesdays, and more, make them all from home! - youtube.com/watch?v=6ktnVmKZXO­o

[Katybug84]

Finally, you can cook all the meals from your favorite restaurants! Red Lobster, Cheesecake Factory, Ruby Tuesdays, and more, make them all from home! - youtube.com/watch?v=6ktnVmKZXO­o