Filed under: Before the bell, Analyst upgrades and downgrades, Yahoo! (YHOO), Apple Inc (AAPL), Intel (INTC), General Motors (GM), Walt Disney (DIS), Halliburton (HAL), American Express (AXP), Palm Inc (PALM)
Before the bell: Futures mixed; week full of data ahead
Some analyst calls this morning:
- JP Morgan upgraded Halliburton (NYSE: HAL) from Neutral to Overweight.
- Palm (NASDAQ: PALM) was also upgraded at JP Morgan from Underweight to Overweight. PALM shares are trading up over 9.5% in premarket action after closing up over 11% Friday.
- UBS downgraded American Express (NYSE: AXP) from Buy to Sell. Shares are down some 1.5% in premarket trading.
- Soleil downgraded Yahoo! (NASDAQ: YHOO) from Buy to Hold.
Walt Disney (NYSE: DIS)’s 3-D movie Hannah Montana & Miley Cyrus: Best of Both Worlds Concert topped movie box offices, raking in $29 million for the biggest opening over a normally slow Super Bowl weekend, according to studio estimates on Sunday. Lionsgate’s The Eye took the No. 2 slot at U.S. and Canadian box offices with a $13 million weekend. The No. 3 movie was romantic comedy 27 Dresses with $8.4 million.
General Motors Corp. (NYSE: GM) will introduce a new hybrid full-size pickup — the 2009 GMC Sierra — and a concept hybrid truck — GMC Denali XT — this week at the Chicago Auto Show, betting that pickup drivers have been itching to jump on the hybrid bandwagon.
Continue reading Before the bell: PALM, HAL, GM, INTC, JCP, AXP, DIS …
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