Stock Downgrades: Emulex Corporation (NYSE:ELX), EXCO Resources (NYSE:XCO), Helmerich & Payne (NYSE:HP), Clean Harbors Inc (NYSE:CLH)

Emulex Corporation (NYSE:ELX) was downgraded by research analysts at DA Davidson from a “buy” rating to an “underperform” rating in a report released on Thursday. Emulex Corporation (NYSE:ELX) stock performance was -30.63% in last session and finished the day at $4.96. Traded volume was 13.28million shares in the last session and the average volume of the stock remained 869.58K shares. The beta of the stock … Continue reading Stock Downgrades: Emulex Corporation (NYSE:ELX), EXCO Resources (NYSE:XCO), Helmerich & Payne (NYSE:HP), Clean Harbors Inc (NYSE:CLH)

Jayne Crisman05/0205/02

Market Movers : EXCO Resources Inc. (NYSE:XCO), Care.com, Inc. (NYSE:CRCM), Infoblox Inc. (NYSE:BLOX), Ametek Inc. (NYSE:AME), Reynolds American Inc. (NYSE:RAI)

EXCO Resources Inc (NYSE:XCO) expects to tap $118.75 million from the sale of interests in some of its assets. The company said it will unload 25% interest in its property known as Compass Production Partners. Additionally, it will sell 50% of its interest in the property known as Compass Production GP. The interests will be sold to a unit of Harbinger Group (NYSE:HRG). The transaction … Continue reading Market Movers : EXCO Resources Inc. (NYSE:XCO), Care.com, Inc. (NYSE:CRCM), Infoblox Inc. (NYSE:BLOX), Ametek Inc. (NYSE:AME), Reynolds American Inc. (NYSE:RAI)

Mark Doerr10/0910/09