US Wholesale Inventories Fall By 0.8% In December

US wholesale inventories unexpectedly fell 0.8% to $383.57 billion in December, prompting analysts to suggest higher-than-expected growth in the economy in the fourth quarter. Wall Street was expecting an increase in December wholesale inventories by 0.5%. The revised November wholesale inventories have risen 1.6%, the largest upturn since July 2004.

Hedging With Gold Miners (AEM, GFI, NGD, DGL)

In the last period of sharply rising prices (the late 1970s), Gold shot from $100 to $850. This gold bull began at $250 9 years ago, and Gold bug such as hedge funds manager John Paulson believes it may peak well above $2,125 an ounce before this one's over.

Goldman Lowers PetroChina (PTR) To Sell

Goldman downgraded PetroChina (NYSE: PTR) from “neutral” to “sell.” PTR’s shares gained 3.25% to $109.76 at 1:08 P.M.

Goldman Lowers PetroChina (PTR) To Sell

Goldman downgraded PetroChina (NYSE: PTR) from “neutral” to “sell.” PTR’s shares gained 3.25% to $109.76 at 1:08 P.M.

Goldman Lowers PetroChina (PTR) To Sell

Goldman downgraded PetroChina (NYSE: PTR) from “neutral” to “sell.” PTR’s shares gained 3.25% to $109.76 at 1:08 P.M.

Morgan Stanley Opens Delhaize (DEG) With Overweight

Morgan Stanley initiated coverage of Delhaize Group (NYSE: DEG) with an “overweight” rating. DEG gained 2.90% to $76.98 at 1:08 P.M.

Ugly Day For Electronic Arts (ERTS)

Electronic Arts (NASDAQ: ERTS) has lost nearly 10% of its market cap today after releasing earnings numbers last night. The stock is currently trading at $15.84. Electronic Arts (ERTS) reported earnings per share of $0.33 versus estimates of $0.31. Revenue was in line with Wall Street expectations.

Sugar Shortage May Peak in 3rd Qtr. 2010

In a Bloomberg story 2/9/10, Tropix Capital Management was quoted as saying that the global shortage of sugar may peak in the 3rd quarter. The sugar shortage is responsible for the highest prices in 30 years.
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Switched Digital Video is Thriving - Analyst Blog

The Switched Digital Video (SDV) technology is likely to boom in near future as more and more large cable MSOs in the U.S. are gradually moving towards overall services convergence.

Ritchie Bros. Auctioneers’ (RBA) Price Target Lowered

Analysts Jamie Sullivan and Michael Shlisky at RBC Capital Markets have lowered the price target for Ritchie Bros. Auctioneers (NYSE: RBA) from $25 to $20.

AMRI Meets Q4 Expectations, Visibility Remains Limited

Analysts at Jefferies & Co maintain their "hold" rating on Albany Molecular Research (NASDAQ: AMRI), while reducing their estimates for the company. The target price for AMRI is set to $8.

Harman International Industries, Inc. (HAR) Price Target Raised

Analysts at RBC Capital Markets have raised the price target for Harman International Industries, Inc. (NYSE: HAR). The price target has been raised from $42 to $45.

ADCT Makes Substantial Progress In Restructuring Activities

Analysts at Jefferies & Co maintain their "buy" rating on ADC Telecom (NASDAQ: ADCT), while raising their estimates for the company. The target price for ADCT is set to $10.

SRX FQ2 Beats Marginally, Services Segment Robust, Losses At ERA

Analysts at Jefferies & Co maintain their "hold" rating on SRA International (NYSE: SRX), while raising their estimates for the company. The target price for SRX has been reduced from $20 to $19.