Last night’s notable events:
The Mosaic Company (MOS) revenue fell short of market expectations
“made for a good short on the guide headline after beating on the eps – watching to see if it can go positive today after the lower guide”
Berkshire Hathaway Inc. (BRK.B)
“Shenanigans with there top groomed replacement for Warren. Made for a good headlines short if you were quick”
Todays AM Events:
Las Vegas Sands Corp. (LVS)
Hong Kong Securities Regulator Investigates Sands China
ARM Holdings plc (ARMH)
upgraded to Buy from Neutral at BofA/Merrill BofA/Merrill upgraded ARM Holdings based on valuation. Price target remains $31.70.
CIGNA Corporation (CI) and UnitedHealth Group Inc. (UNH) upgraded, Aetna Inc. (AET) downgraded
at Oppenheimer upgrading UNH to Perform from Underperform and increasing their target to $49 from $29.
WellPoint, Inc. (WLP)
“BIG upgrade in price” target raised to $83 from $65 at Oppenheimer
Valeant Pharmaceuticals Int (VRX) “Long from 50.66 pre market”
Upgraded – The firm moved shares from Hold to Buy with a price target of $60 up from $44.
DryShips Inc.(DRYS) “Good pre market liquidity – Long 3 tier from 5.11”
4Q Profit Surges On Higher Revenue, Year-Earlier Costs
OpenTable Inc (OPEN)
Downgraded – The firm lowered shares from Buy to Hold with a pricetarget of $108.
*DISCLOSURE: Long ARMH, LSE, BRK.B, BRX, DRYS, LVS, QIHU, MOS
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