Monday, 10 June 2013

OVERNIGHT U.S. STOCK MOVERS Monday, June 10th, 2013


SAIC (SAI +0.67%) was awarded a $900 million contract by U.S. Navy's Space and Naval Warfare Systems to provide non-inherently governmental services and solutions to the Business and Force Support Portfolio.
AT&T (T -1.01%) was upgraded to "Buy" from "Hold" at Argus with a price target of $42.
Atlas Resource Partners (ARP +0.57%) announced that it has entered into a definitive agreement to acquire approximately 466 Bcf of natural gas proved reserves in the Raton, New Mexico and Black Warrior, Alabama Basins from EP Energy for $733 million.
Lennar (LEN +0.13%) was downgraded to "Neutral" from "Overweight" at JPMorgan
Stifel raised its price target for Cree (CREE +3.05%) to $70 from $59 and kept its "Buy" rating on the stock.
Facebook ({=FB was upgraded to "Buy" from "Hold" at Stifel with a price target of $29.
Weyerhaeuser (WY +0.03%) was upgraded to "Outperform" from "Sector Perform" at RBC Capital.
Apple (AAPL +0.76%) rose nearly 1% in pre-market trading after people familiar with the plans said the company will introduce a new version of iOS at its developers conference in San Francisco today.
Piedmont Natural Gas (PNY -0.12%) reported Q2 EPS of 74 cents, better than consensus of 73 cents.

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