EmailThe industrials sector is trading +2%% versus the S&P 500 +1.6%.
In broker news: SPWRA +5% upgraded to Buy at Wunderlich; target $16, DOV -0.3% downgraded at JP Morgan, LMT +1.9% initiated with a Neutral at Lazard, and LIME -0.89% initiated with a Mkt Perform at Rodman & Renshaw.
In Sector News: WLT +26% strength on reports that AAUKY may bid for the company, DEER +14% announced significant developments in New York Litigation against illegal short sellers; reaffirms guidance, EFOI +10% awarded $5 million lighting retrofit contract, UACL +4.4% announced special $1.00/share dividend, LUV +4% reports an increase of 3.9% YoY in revenue passenger miles for August, AMR +3.6% reported an August load factor of 85.3%, an increase of 0.7 points versus the same period last yr, CSX +2.2% reaffirms long term financial outlook in 8-K filing, RRD +2.2% announced that it has acquired Genesis Packaging & Design; financial terms not disclosed, CPA +2% consolidated traffic for August grows 17.8%, AXU +1.7% intersects 6.04 meters of 31.5 ounces per ton silver at Flame & Moth; significantly expands mineralized zone, ALGT +1.6% reports August 2011 traffic; Total System RPMs declined 6.1% YoY, and SAVE +1.2% disclosed preliminary traffic results for August.
