Stock Market News Briefs: Alaska Air Group, AMR, Cablevision Systems, Citigroup, Continental Airlines, Delta Air Lines (New), Deutsche Bank AG, Polaris Industries, Pulte Homes, US Airways Group New, Akamai Technologies, T. Rowe Price Group, UAL Corporation
- Cablevision (NYSE:CVC) said it agreed to buy privately-owned Bresnan Communications for $1.36 billion
- RailAmerica (RA) reported its June car loads improved 9.1% YoY from May levels
- FBR upgraded T Rowe Price (NASDAQ:TROW) from “market perform” to “outperform,” raising the price target from $58 to $65
- Citigroup (NYSE:C) upgraded PulteGroup (NYSE:PHM) shares to “buy” from “hold,” with a price target of $14
- KeyBanc upgraded Polaris (NYSE:PII) to “buy” from “hold,” with a $73 price target
- Citigroup (NYSE:C) downgraded Akamai (NASDAQ:AKAM) to “hold” from “buy,” with a price target of $14
- Deutsche Bank (NYSE:DB) initiated coverage of the airlines with a favorable review, advising purchase of six major airlines, including Alaska Air (NYSE:ALK), American Airlines (NYSE:AMR), Continental (NYSE:CAL), Delta (NYSE:DAL), US Airwarys (NYSE:LCC), and United (NASDAQ:UAUA)
Enter your E-mail address to subscribe to DailyMarkets.com for FREE
