• NYSE Euronext’s (NYSE:NYX) shares declined 12.6% after NASDAQ OMX Group (NASDAQ:NDAQ) and IntercontinentalExchange (NYSE:ICE) cancelled their bid to acquire NYSE’s parent organization
• JPMorgan Chase & Co. (NYSE:JPM) upgraded AMR Corporation (NYSE:AMR) to “Overweight” from “Neutral” rating
• JPMorgan Chase & Co. (NYSE:JPM) upgraded JetBlue Airways Corporation (NASDAQ:JBLU) to “Overweight’ from “Neutral” rating
• J. C. Penney Company, Inc. (NYSE:JCP) reported first-quarter 2011 earnings of $0.28 cents a share, beating the Zacks Consensus Estimate of $0.25 cents a share. Earnings came in 12% higher than $0.25 cents per share recorded in the prior-year quarter
• Lowe’s Companies, Inc. (NYSE:LOW) posted first-quarter 2011 earnings of $0.34 cents a share, missing the Zacks Consensus Estimate of $0.36 cents a share. Earnings remained flat compared with the prior-year quarter
• Citigroup, Inc. (NYSE:C) lifted its price target on FirstEnergy Corp. (NYSE:FE) from $36 to $41
• Stryker Corp. (NYSE:SYK) stated it will acquire Orthovita, Inc. (NASDAQ:VITA) for $316 million, or $3.85 a share
• Piper Jaffray downgraded Hallmark Financial Services, Inc. (NASDAQ:HALL) to “Neutral” from “Overweight” rating
AMR CORP (AMR): Free Stock Analysis Report
CITIGROUP INC (C): Free Stock Analysis Report
FIRSTENERGY CP (FE): Free Stock Analysis Report
HALLMARK FINL (HALL): Free Stock Analysis Report
INTERCONTINENTL (ICE): Free Stock Analysis Report
JETBLUE AIRWAYS (JBLU): Free Stock Analysis Report
PENNEY (JC) INC (JCP): Free Stock Analysis Report
JPMORGAN CHASE (JPM): Free Stock Analysis Report
LOWES COS (LOW): Free Stock Analysis Report
NASDAQ OMX GRP (NDAQ): Free Stock Analysis Report
NYSE EURONEXT (NYX): Free Stock Analysis Report
STRYKER CORP (SYK): Free Stock Analysis Report
ORTHOVITA INC (VITA): Free Stock Analysis Report
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