Scopia Capital
http://scopiacapital.com/Scopia Capital LLC is a New York based firm that provides investment management with a long/short, value driven, market-neutral approach, as well as long only investment management to institutional investors. The company was founded in 2001 by Matt Sirovich and Jeremy Mindich. The firm's investment style is unusual in that it combines fundamentally focused, deep due diligence and a concentrated portfolio of high conviction long and short positions with the discipline of market neutrality.
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FTN Midwest upgrades CIGNA (CI) to Buy
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William Blair upgrades Town Sports Intl (CLUB) to Outperform
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Friedman Billings Downgrades Sepracor (SEPR) to Underperform
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Financial Select Sector (XLF) volatility at 29, suggesting less Risk
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ALLETE (ALE) Reports Q1 EPS of $0.18, Beats By a Penny; Reaffirms FY08 Guidance
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MDU Resources (MDU) Reports Q1 EPS of $0.39, Beats By 3c; Raises FY08 Guidance
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Needham Downgrades Magma Design (LAVA) to Hold
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Triad Guaranty (TGIC) and Lightyear Capital Enter Exclusive Negotiations to Form a New Mortgage Insurance Company
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Needham Downgrades Bankrate (RATE) to Hold
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The Washington Post (WPO) Reports Q1 Earnings
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Weyerhaeuser (WY) Misses By 7c
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Chevron (CVX) Tops Q1 View By 7c
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Deutsche Bank Downgrades Equity Residential (EQR) to Hold
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Nonfarm Payrolls Down 20K, Manufacturing Payrolls Down 46K, Unemployment Rate 5%
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Comcast (CMCSA) Experiencing Outages In Several Areas This Morning
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Leerink Swann Downgrades Millipore (MIL) to Market Perfrom
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Stoneridge (SRI) Reports Strong Q1 Earnings; Guides FY08 EPS Above the Street
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Deutsche Bank Upgrades CBL & Associates (CBL) to Buy
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Fed Increases Auction Facility To $150B
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Arcadia Resources Announces Acquisition of Carolina Care, LLC
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Deutsche Bank Upgrades Valassis Communications (VCI) to Buy
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Waste Industries USA (WWIN) Tops Q1 View
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Anadarko Petroleum (APC) volatility Up into EPS & $113 oil
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Penwest Pharmaceuticals (PPCO) Reports Q1 Loss of $0.41, Misses By 7c
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Jesup & Lamont Starts MIV Therapeutics (MIVT) at Buy
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Jesup & Lamont Starts ICU Medical (ICUI) at Buy
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Calgon Carbon (CCC) Reports Q1 EPS of $0.10, Beats By 2c
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Melco PBL Entertainment (MPEL) May volatility Elevated at 78
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Walgreens (WAG) April Comps Up 1.6%
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W-H Energy Services (WHQ) Reports Q1 EPS of $1.18, Misses By 2c; Guides
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Wachovia Downgrades St. Jude Medical (STJ) to Market Perform
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Piper Jaffray Upgrades MedAssets (MDAS) to Buy
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Ameren Corp. (AEE) Reports Mixed Q1 Earnings; Reaffirms FY08 Guidance
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Piper Jaffray Downgrades Monogram Biosciences (MGRM) to Neutral
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Discovery Labs (DSCO) volatility Elevated; FDA sets conditions must be satisfied
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Northgate Minerals (NXG) Reports Q1 EPS of $0.12, Tops By 3c
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JP Morgan downgrades Dynamic Materials (BOOM) to Neutral
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Lehman Brothers Downgrades Smith & Newphew (SNN) to Equal-weight
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I-Flow (IFLO) Reports Q1 Loss of $0.02, 1c Better Than Street Est.
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Bear Stearns Downgrades Sunstone Hotel Investors (SHO) to Peer Perform
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Merrill Lynch Upgrades Jones Apparel (JNY) to Buy
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American Public Education (APEI) Tops Q1 View; Raises FY08 EPS Forecast
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Bear Stearns downgrades Sun Microsystems (JAVA) to Peer Perform
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Cisco Systems (CSCO) May volatility increases to 41 into EPS & Outlook
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Credit Suisse Upgrades Patterson-UTI Energy (PTEN) to Neutral
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Baird Starts Neutral Tandem (TNDM) at Neutral
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Oppenheimer Starts Hill-Rom Holdings (HRC) at Outperform
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Lubrizol (LZ) Tops Q1 View By 3c; Guides FY08
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Roth Capital Downgrades BankRate (RATE) to Hold
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Credit Suisse Upgrades Nordstrom (JWN) to Outperform
