Financial Breakfast: Morning News Summary for March 12, 2012

This is your Benzinga news summary and trader's outlook covering headlines from overnight and today's pre-market session.

PepsiCo PEP Appoints Brian Cornell CEO, PepsiCo Americas Foods.

Teleflex TFX Appoints Thomas E. Powell CFO, Reaffirms 2012 Guidance.

To see more pre-market news, click here.

European markets are mixed in afternoon trading. Britain's FTSE 100 lost 0.05%, Germany's DAX gained 0.18% and France's CAC 40 slid 0.11% on the session.
Asian stocks ended the session mixed as well. China's Shanghai lost 0.20%, Japan's Nikkei 225 slid 0.40%, and Hong Kong's Hang Seng advanced 0.23%.

To see more overseas news, click here.

Morgan Stanley Upgrades Carbo Ceramics CRR from Underweight to Equal-weight, Raises PT from $105 to $125
Bank of America Upgrades Orexigen Therapeutics OREX to Buy

To see more of today's upgrades, click here.

Bank of America Downgrades Southwest Airlines LUV to Neutral
Oppenheimer Downgrades China New Borun BORN from Outperform to Perform, Removes PT

To see more of today's downgrades, click here.

To see more economic news, click here

To see more earnings announcements, click here.

To see more corporate news, click here.

Precious metals are trading lower, with gold posting early losses of about 0.40%
Energy futures are trading lower, with crude oil posting early losses of about 0.99%
Natural Gas futures are lower by about 2.45% and copper is trading lower by about 0.66%

To see more commodities news, click here.

Technical Levels for Futures and Forex

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