AAL Morgan Stanley: reiterated equal weight, tp reiterated 3800
AQP Goldman: initiated neutral, tp 480
ARM Goldman: reiterated buy, tp raised to 800 from 700
ARM Morgan Stanley: reiterated overweight
AVV Jeffries: downgraded to hold from buy
BARC Citigroup: reiterated hold
BG. HSBC: reiterated overweight, tp raised to 1835 from 1760
BG. ING: reiterated buy, tp raised to 1750 from 1635
BLT Citigroup [HB]: reiterated buy, tp reiterated 2700
BLT UBS: reiterated buy, tp reiterated 2700
CAL JPMorgan: overweight, tp raised to 43 from 39
CSCG JPMorgan: underweight, tp raised to 410 from 380
CSR UBS: reiterated buy, tp raised to 530 from 390
CWC UBS: downgraded to sell from neutral, tp cut to 40 from 59
HL. Morgan Stanley: reiterated overweight, tp raised to 703 from 605
HWDN UBS: reiterated buy, tp raised to 145 from 135
IAG UBS: reiterated buy, tp cut to 290 from 360
ISYS Morgan Stanley: overweight, tp 350
LMI Goldman: upgraded to neutral from sell, tp cut to 2100 from 2135
PAG RBS: buy, tp raised to 220 from 200
WEIR UBS: reiterated buy, tp reiterated 1900

Midday Market Overview

Hirco's agm was one of the scheduled items today. Turned out to include a stinker of a statement. Difficult to believe the price won't plunge a lot further yet. I remain short.

agm statement

End-of-day Market Overview