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MOST NOTEWORTHY: IberiaBank, Dynamic Materials and Barr Pharmaceuticals were today's noteworthy upgrades:
- Keefe Bruyette upgraded shares of IberiaBank (NASDAQ: IBKC) to Market Perform from Underperform after the company announced that Pulaski has assumed the insured deposits of ANB Financial of Bentonville, Arkansas.
- KeyBanc upgraded Dynamic Materials (NASDAQ: BOOM) to Buy from Hold citing stability in base business, valuation, and the added benefit associated with a European competitor being acquired.
- Cowen raised Barr Pharma (NYSE: BRL) to Outperform from Neutral citing the recent pullback.
OTHER UPGRADES:
- Goldman added McGraw-Hill (NASDAQ: MHP) to its Conviction Buy List.
- RBC Capital raised RadioShack (NYSE: RSH) to Sector Perform from Underperform.
- Sirius Satellite (NASDAQ: SIRI) was upgraded at Merrill Lynch to Neutral from Sell.
Closing Bell: Another day, another dollar loss for the Dow
Stupid question: Can the U.S. handle more housing stress?
Serious Money: How safe were BRK, BUD, PG, SO, & UPS?
