Midday S&P 500: First Solar Falls After Stock Downgrade
By
Anthony Shields Oct 05, 2012 3:05 pm
Plus, Avon Products and Owens-Illinois are up
MINYANVILLE ORIGINAL Today the S&P 500 (INDEX:.INX) is up .13%$ to 1463.37 as of 2:35 p.m. EDT. Today's big winner is Avon Products (NYSE:AVP), which rose 6.47% to $17.27 per share in response to news that its Executive Chairman Andrea Jung would leave her post to take on a more advisory role. Another big mover is Owens-Illinois (NYSE:OI), which gained 4.60% to $20.25 per share, thanks to an upgrade to buy by Goldman Sachs. First Solar (NASDAQ:FSLR) is back as the biggest loser, falling 11.89% to $19.87 per share, after Avian Securities analyst Mark Bachman downgraded the stock on concerns of product reliability.
No positions in stocks mentioned.
Get The Minyanville
Daily Recap Newsletter
Daily Recap Newsletter
Stay current on financial news,
entertainment, education and
smart market commentary.
entertainment, education and
smart market commentary.