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Last night’s noteable events:

Bed Bath & Beyond Inc. (BBBY)
“Beat and repots in line guidance with a very strong quarter – Stock closed post market trading on highs up$5 above $54”
Fifth Street Finance Corp. (FSC)
Announced a convertible offering
Inhibitex, Inc. (INHX)
Secondary Stock Offering
Immucor, Inc. (BLUD)
Earnings, slight raise

Upgrades – Downgrades of note:
Alcoa  Inc. (AA)
Q1 estimate lowered to 25c from 27c at Citigroup
American International Group, Inc. (AIG)
Fed sells $1.3B of AIG securities, NY Times reports
Bed Bath & Beyond Inc.(BBBY) “2 calls so far”
target raised to $58 from $51 at Oppenheimer 
price target raised to $60 from $52 at RW Baird
XenoPort, Inc. (XNPT)
upgraded to Buy from Hold at Deutsche Bank (Stock Price: 6.38)
salesforce.com, inc. (CRM)
Upgraded to Outperform from Market Perform at FBR Capital; Shares Firm More Than 1% in Pre-Market
Optimer Pharmaceuticals, Inc. (OPTR)
target raised to $16 at Ladenburg Thalmann
Travelzoo Inc. (TZOO)
price target raised to $90 from $70  at ThinkEquity
Tims comments are in BOLD Italics
Tim’s highlights are in BOLD

*DISCLOSURE: Long GLD, BBBY, NG, HL, FSC, SLV, GDX, PSLV, INHX.

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