Académique Documents
Professionnel Documents
Culture Documents
Page |1
RISK DISCLAIMER: There is a very high degree of risk involved in trading equities. Trading is not for every investor and only risk capital should be used. Past results are not indicative of future returns. Prism Trading School, LLC
(“Prism”) and all individuals affiliated with Prism assume no responsibilities for your trading and investment results. The indicators, strategies, articles and all other features are for educational purposes only and should not
be construed as investment advice. Any person who chooses to use this information as a basis for their trading assumes all the liability and risk for themselves and hereby and absolutely agrees to indemnify and hold
harmless Prism, its principals, agents and employees. All of the material contained herein is believed to be correct, however, Prism will not be held responsible for accidental oversights, typos or incorrect information from
sources that generate fundamental and technical information. Prism does not warrant the completeness or accuracy of such information, and does not warrant any results from the use of the information. Your use of Prism
materials is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness of the information. You must assess the risk of any trade and make your own independent
decisions regarding any securities mentioned herein. Prism affiliates may have a position or effect transactions in the securities described herein (or options thereon) and/or otherwise employ trading strategies that may be
consistent or inconsistent with the provided strategies.
UPGRADES / DOWNGRADES
Stock
Current Price Target
Upgraded House
Price Adjustment Price
SanDisk Deutsche 18.21 Buy $23
(SNDK) Bank
Stryker Deutsche 43.35 Buy $50
(SYK) Bank
Wynn Oppenheimer 57.42 Perform $61
Resorts
(WYNN)
Blackstone Barclays 12.68 Equal Weight
Group (BX)
Fortress Barclays 4.47 Overweight
Investment
Group (FIG)
Och Ziff Cap Barclays 10.79 Overweight
(OZM)
Morgan JP Morgan 27.80 Overweight $36
Stanley (MS)
Mastercard Citigroup 207.45 Hold
(MA)
Capital One Citigroup 35.44 Buy
Financial
(COF)
Honda BofA/Merrill 31.80 Neutral
(HMC)
eBay (EBAY) Bernstein 21.83 Market $28
Perform
Stock
Current Price Target
Downgraded House
Price Adjustment Price
DuPont (DD) Goldman 31.83 Neutral
Page |2
COMMODITY PRICES
Commodity Price
FOREIGN MARKETS
Market Price %
Page |3
NEWS ALERT
Australian retail sales down as stimulus fades – WSJ
BAC Bank of America: NY's Cuomo may charge BofA execs over Merrill -
Reuters.com (17.02 )
PBR Petrobras Brasileiro discloses Guara formation test has been completed and
has proved the very high productivity (42.93 )
WFR MEMC Elec: Kaufman lowers FY09 and FY10 ests following restructuring
initiatives and equipment failure announcement leading to lowered Q3 guidance
(15.98 )
JDAS JDA Software announces cash repurchase of series B preferred stock and
common stock (19.60 )
CFN CareFusion initiated with an Overweight at Morgan Stanley- tgt $23 (18.45 )
Asia markets close, yen's advance vs dollar lowers exporters; Nikkei -0.78%,
Hang Seng -1.04%, Shanghai Composite +0.54%, Sensex +59 pts
EGBN Eagle Bancorp announces $40 mln common stock offering (8.87 )
F Ford: China's Geely eyes bid for Ford's Volvo Car Corp. (7.30 )
KFT Kraft seeks $8 bln financing for Cadbury bid: Report - Reuters (26.45 )
Moody's says Triple-A ratings for U.S., U.K. not at risk – WSJ
NYX NYSE Euronext announces plan to sell equity stake in NYSE Amex options
market to liquidity providers and market making firms (28.08 )
Page |4
NEWS ALERT
ISTA ISTA Pharma's Bepreve receives FDA approval for treatment of ocular
itching due to allergies (5.70 )
HCN Health Care REIT issues downside EPS guidance for FY09 (40.76 +0.62)
EAC Encore Acquisition announced a 2.75 mln share common stock offering
(38.42 +1.68)
COMDX Saudi Arabia leads the call for no OPEC change - Reuters.com
VOL Volt Information Sciences delays third quarter earnings release (10.22)
MCD McDonald's announces that global comparable sales rose 2.2% in August
(56.22 )
KFY Korn/Ferry beats by $0.01, beats on revs; guides Q2 revs above consensus
(13.32 )
U.S. Chain store sales increased 0.59% in Sep 5 week vs -0.5% in prior week,
according to ICSC/Goldman Sachs
TLB Talbots beats by $0.19, misses on revs; guides Q3 loss above consensus,
revs in-line (7.11 )
DD DuPont cut to Neutral from Buy, removed from Americas Buy list at Goldman-
Page |5
NEWS ALERT
DD DuPont cut to Neutral from Buy, removed from Americas Buy list at Goldman-
Reuters (31.83 )
ITW Goldman Sachs raises U.S. multi-industry sector to Attractive from Neutral -
Reuters (41.85 )
Page |6