Benzinga's Top Downgrades (SLW, KBH, UMC, SI)

Silver Wheaton Corp

was downgraded by Credit Suisse from “outperform” to "neutral." SLW's shares closed at $26.54 yesterday. Silver Wheaton's earnings are likely to plunge by 79.76% this year. Goldman downgraded KB Home

from "neutral" to "sell." KBH's shares closed at $11.95 yesterday. KB Home's quarterly earnings dropped by 61.90% y/y. United Microelectronics Corp

was downgraded by Macquarie from "outperform" to "underperform." UMC's shares closed at $2.67 yesterday. United Microelectronics' earnings are likely to dip by 11.76% in the next year. Analysts at Societe Generale downgraded Siemens AG

from "buy" to "hold." SI's shares closed at $104.77 yesterday. Siemen's earnings have dropped 6.97% in the past five years.