Upgrades

ACTUATE CORP (BIRT) Upgraded by Zacks to OUTPERFORM

Zacks Investment Research upgraded shares of ACTUATE CORP (BIRT) from NEUTRAL to OUTPERFORM on May 06, 2013, with a target price of $6.70. Actuate Corporation is a leading provider of e.Reporting solutions for e.Business. Actuate Corp.'s e.Reporting system's server-centric architecture provides the building blocks for an e.Business reporting environment of any size. […]

Upgrades

SANDRDG MS T II (SDR) Upgraded by Zacks to NEUTRAL

Zacks Investment Research upgraded shares of SANDRDG MS T II (SDR) from UNDERPERFORM to NEUTRAL on May 06, 2013, with a target price of $13.20. SandRidge Mississippian Trust II is a Delaware statutory trust formed by SandRidge Energy, Inc. to own certain royalty interests in oil and natural gas wells in the Mississippian formation in northern Oklahoma and southern Kansas […]

Downgrades

CROSSTEX EGY LP (XTEX) Downgraded by Zacks to UNDERPERFORM

Zacks Investment Research downgraded shares of CROSSTEX EGY LP (XTEX) from NEUTRAL to UNDERPERFORM on May 06, 2013, with a target price of $17.80. Crosstex Energy, a mid-stream natural gas company, operates over 1,700 miles of pipeline, two processing plants, and 49 natural gas treating plants. Crosstex currently provides services for over 700 MMBtu/day of natural gas […]

Downgrades

PENN WEST EGY (PWE) Downgraded by Zacks to UNDERPERFORM

Zacks Investment Research downgraded shares of PENN WEST EGY (PWE) from NEUTRAL to UNDERPERFORM on May 06, 2013, with a target price of $9.00. PENN WEST ENERGY TRUST is a senior oil and natural gas energy trust based in Calgary, Alberta. Penn West trust units and debentures are listed on the Toronto Stock Exchange under the symbols PWT.UN, PWT.DB.A, PWT.DB.B, PWT.DB.C, PWT.DB.D, PWT.DB.E and PWT.DB.F and Penn West trust units are listed on the New York Stock Exchange under the symbol PWE […]

Downgrades

CALIF WATER SVC (CWT) Downgraded by Zacks to UNDERPERFORM

Zacks Investment Research downgraded shares of CALIF WATER SVC (CWT) from NEUTRAL to UNDERPERFORM on May 06, 2013, with a target price of $19.10. California Water Service Company's business, which is carried on through its operating subsidiaries, consists of the production, purchase, storage, purification, distribution and sale of water for domestic, industrial, public and irrigation uses, and for fire protection. It also provides water related services under agreements with municipalities and other private companies. […]

Downgrades

AXT INC (AXTI) Downgraded by Zacks to UNDERPERFORM

Zacks Investment Research downgraded shares of AXT INC (AXTI) from NEUTRAL to UNDERPERFORM on May 06, 2013, with a target price of $2.70. AXT, Inc., designs, develops, manufactures and distributes high-performance compound semiconductor substrates, as well as opto-electronic semiconductor devices such as high-brightness light emitting devices, and vertical cavity surface emitting lasers. Get all Zacks Research Reports and be alerted to fast-breaking buy and sell opportunities every trading day […]

Upgrades

SILICON IMAGE (SIMG) Upgraded by Zacks to OUTPERFORM

Zacks Investment Research upgraded shares of SILICON IMAGE (SIMG) from NEUTRAL to OUTPERFORM on May 06, 2013, with a target price of $5.80. Silicon Image, Inc. designs, develops and markets semiconductors, including transmitters, receivers, controllers and video processors, for applications that require high-bandwidth, cost-effective solutions for high-speed data communications. […]

Mergers & Acquisitions

Numotion Acquires Mobility Designs, Inc.

Numotion Acquires Mobility Designs, Inc. PR Newswire ATLANTA, May 6, 2013 ATLANTA , May 6, 2013 /PRNewswire/ — Numotion, formerly ATG Rehab and United Seating & Mobility, announces its acquisition of Mobility Designs, Inc., a regional complex rehab provider based in Atlanta , GA. […]

Mergers & Acquisitions

American Realty Capital Trust V Makes First Two Acquisitions

American Realty Capital Trust V Makes First Two Acquisitions PR Newswire NEW YORK, May 6, 2013 NEW YORK , May 6, 2013 /PRNewswire/ — American Realty Capital Trust V, Inc. (“ARCT V”) announced today that it closed on its first two acquisitions – two build-to-suit Dollar General stores located in Mission, Texas and Sullivan, Missouri . […]