Friday 7 June 2013

OVERNIGHT U.S. STOCK MOVERS, Friday, June 7th, 2013


Oppenheimer keeps an "Outperform" rating on Microsoft (MSFT +0.52%) and raises its price target on the stock to $39 from $34.
Iron Mountain (IRM +0.91%) was downgraded to "Hold" from "Buy" at Stifel.
JPMorgan (JPM +0.89%) was downgraded to "Neutral" from "Outperform" at Macquarie.
Abercrombie & Fitch (ANF +0.59%) was upgraded to "Buy" from "Neutral" at BofA/Merrill.
Dun & Bradstreet (DNB +1.48%) was upgraded to "Neutral" from "Underweight" at JPMorgan.
Standard & Poor's Ratings Services said it revised the outlook on its long-term ratings on Brazil to negative from stable.
The U.S. Department of Justice has settled two lawsuits against PG&E (PCG +2.27%) and its contractors who will pay $50.5 million for wildfires that scorched 18,000 acres of national forest.
Take-Two (TTWO +0.63%) initiated with a Buy at Stifel with a price target of $21.
Thor Industries (THO +0.32%) reported Q3 EPS of 97 cents, stronger than consensus of 88 cents.
Quiksilver (ZQK +4.50%) reported an unexpected Q2 EPS loss of -12 cents, much weaker than consensus of a 4 cent gain.
Myriad Genetics (MYGN +1.94%) initiated with a "Buy" at Cantor with a price target of $40.
Cooper Companies (COO +1.92%) reported Q2 EPS ex-items of $1.50, stronger than consensus of $1.38, and raised guidance on fiscal 2013 EPS to $6.15-$6.25 from $5.95-$6.10, stronger than consensus of $6.05.
Vail Resorts (MTN -1.29%) reported Q3 EPS of $2.66, weaker than consensus of $2.74.
Gap (GPS +1.81%) climbed over 3% in after-hours traading after it reported May sales of $1.22 billion and that May Same-Store-Sales rose 7%, much better than consensus of a +3.7% increase.

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