• Weatherford International (NYSE:WFT - Analyst Report) shares dropped 2.79% to close at $19.88 after the company said disruptions in the Middle East and North Africa along with weather-related issues have forced it to cut Q1 earnings projections
• Deutsche Bank upgraded BB&T Corporation (NYSE:BBT - Analyst Report) from “Hold” to “Buy” rating with a target price of $31
• Brokerage firm Robert W. Baird upgraded Kodiak Oil & Gas Corp (AMEX:KOG - Snapshot Report) from “Neutral” to “Outperform” rating with a target price of $8
• UBS upgraded Marathon Oil Corporation (NYSE:MRO - Analyst Report) from “Neutral” to “Buy” rating. However, Marathon Oil lost 0.49% or $0.24 to close at $48.73
• Stifel Nicolaus upgraded Liberty Global Inc (NASDAQ:LBTYA - Analyst Report) from “Hold” to “Buy” rating
• International Business Machines Corp (NYSE:IBM - Analyst Report) slipped 3.79% to $153.0 after Sanford Bernstein downgraded the company from “Outperform” to “Market Perform” rating
• FBR Capital downgraded Hercules Offshore Inc (NASDAQ:HERO - Snapshot Report) from “Market Perform” to “Underperform” rating with a target price of $4.50. Hercules Offshore tumbled 9.13$ or $0.53 to close at $5.22
• On Wednesday JMP Securities downgraded Apple (NASDAQ:AAPL - Analyst Report) from “Market Outperform” to “Market Perform”.
• Steakhouse chain Morton’s Restaurant Group Inc.’s (NYSE:MRT - Snapshot Report) rocketed 11.8% to $7.20 after the company said it was exploring options, including a possible sale of the company
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