Citigroup cut its rating on DirecTV ( DTV ) Friday, telling investors that the positive news about the satellite television provider is already priced into the stock. 
Share:  <span class="sent"><span class="analyst">Citi</span>group cut its rating on <span class="company">DirecTV</span> ( DTV ) Friday, telling investors that the positive news about the satellite television provider is already priced into the stock.</span> Tweet this 

Seeking to build on that momentum, lawmakers added a new credit of up to $6,500 for current homeowners buying a new place and extended the deadline to April 30. But Citigroup analyst Josh Levin said Friday that Pulte, based in Bloomfield Hills, Mich., has "not witnessed a spike in sales from the homebuyer tax credit this spring." That suggests the drop in new sales "may not be nearly as pronounced as some investors are expecting," Levin wrote. Levin made his comments after meeting with Pulte CEO Richard Dugas this week. Pulte officials, Levin also wrote, are also considering using nearly $3 billion in cash to purchase land, buy back share or reinstate the company's dividend 
Share:  Seeking to build on that momentum, lawmakers added a new credit of up to $6,500 for current homeowners buying a new place and extended the deadline to April 30.<span class="sent"> But Citigroup analyst <span class="analyst">Josh Levin</span> said Friday that <span class="company">Pulte</span>, based in Bloomfield Hills, Mich., has "not witnessed a spike in sales from the homebuyer tax credit this spring."</span> That suggests the drop in new sales "may not be nearly as pronounced as some investors are expecting," Levin wrote. Levin made his comments after meeting with <span class="company">Pulte</span> CEO Richard Dugas this week. <span class="company">Pulte</span> officials, Levin also wrote, are also considering using nearly $3 billion in cash to purchase land, buy back share or reinstate the company's dividend....Seeking to build on that momentum, lawmakers added a new credit of up to $6,500 for current homeowners buying a new place and extended the deadline to April 30.<span class="sent"> But Citigroup analyst <span class="analyst">Josh Levin</span> said Friday that <span class="company">Pulte</span>, based in Bloomfield Hills, Mich., has "not witnessed a spike in sales from the homebuyer tax credit this spring."</span> That suggests the drop in new sales "may not be nearly as pronounced as some investors are expecting," Levin wrote. Levin made his comments after meeting with <span class="company">Pulte</span> CEO Richard Dugas this week. <span class="company">Pulte</span> officials, Lev Tweet this 

Seeking to build on that momentum, lawmakers added a new credit of up to $6,500 for current homeowners buying a new place and extended the deadline to April 30. But Citigroup analyst Josh Levin said Friday that Pulte, based in Bloomfield Hills, Mich., has "not witnessed a spike in sales from the homebuyer tax credit this spring." That suggests the drop in new sales "may not be nearly as pronounced as some investors are expecting," Levin wrote. Levin made his comments after meeting with Pulte CEO Richard Dugas this week. Pulte officials, Levin also wrote, are also considering using nearly $3 billion in cash to purchase land, buy back share or reinstate the company's dividend 
Share:  Seeking to build on that momentum, lawmakers added a new credit of up to $6,500 for current homeowners buying a new place and extended the deadline to April 30.<span class="sent"> But Citigroup analyst <span class="analyst">Josh Levin</span> said Friday that <span class="company">Pulte</span>, based in Bloomfield Hills, Mich., has "not witnessed a spike in sales from the homebuyer tax credit this spring."</span> That suggests the drop in new sales "may not be nearly as pronounced as some investors are expecting," Levin wrote. Levin made his comments after meeting with <span class="company">Pulte</span> CEO Richard Dugas this week. <span class="company">Pulte</span> officials, Levin also wrote, are also considering using nearly $3 billion in cash to purchase land, buy back share or reinstate the company's dividend....Seeking to build on that momentum, lawmakers added a new credit of up to $6,500 for current homeowners buying a new place and extended the deadline to April 30.<span class="sent"> But Citigroup analyst <span class="analyst">Josh Levin</span> said Friday that <span class="company">Pulte</span>, based in Bloomfield Hills, Mich., has "not witnessed a spike in sales from the homebuyer tax credit this spring."</span> That suggests the drop in new sales "may not be nearly as pronounced as some investors are expecting," Levin wrote. Levin made his comments after meeting with <span class="company">Pulte</span> CEO Richard Dugas this week. <span class="company">Pulte</span> officials, Levin also wrote, are also considering using nearly $3 billion in cash to purchase land, buy back share o Tweet this 

Citigroup downgraded shares of DirecTV this morning from buy to hold as the stock has priced in most of the good news. 
Share:  <span class="sent"><span class="analyst">Citi</span>group downgraded shares of <span class="company">DirecTV</span> this morning from buy to hold as the stock has priced in most of the good news.</span> Tweet this 

Formosa Chemicals & Fibre Corp (????) yesterday said its after tax profit last year expanded nearly five times from a year ago amid recovering demand, especially from China. The company, one of the four largest units of the Formosa Plastics Group (????), said in a stock exchange filing that it made a profit of NT$29.44 billion (US$925.8 million), or NT$5.17 in earnings per share (EPS), last year. This compares with a net profit of NT$6.1 billion, or EPS of NT$1.10, in 2008 — the lowest since 2001 when the company reported NT$4.61 billion in profit. Last year's net profit was also higher than the NT$28.61 billion forecast by Citigroup analyst Oscar Yee (???) in a client note on Feb. 24. 
Share:  <span class="company">Formosa</span> Chemicals & Fibre Corp (????) yesterday said its after tax profit last year expanded nearly five times from a year ago amid recovering demand, especially from China. The company, one of the four largest units of the <span class="company">Formosa</span> Plastics Group (????), said in a stock exchange filing that it made a profit of NT$29.44 billion (US$925.8 million), or NT$5.17 in earnings per share (EPS), last year. This compares with a net profit of NT$6.1 billion, or EPS of NT$1.10, in 2008 — the lowest since 2001 when the company reported NT$4.61 billion in profit.<span class="sent"> Last year's net profit was also higher than the NT$28.61 billion forecast by Citigroup analyst <span class="analyst">Oscar Yee</span> (???) in a client note on Feb. 24.</span>...<span class="company">Formosa</span> Chemicals & Fibre Corp (????) yesterday said its after tax profit last year expanded nearly five times from a year ago amid recovering demand, especially from China. The company, one of the four largest units of the <span class="company">Formosa</span> Plastics Group (????), said in a stock exchange filing that it made a profit of NT$29.44 billion (US$925.8 million), or NT$5.17 in earnings per share (EPS), last year. This compares with a net profit of NT$6.1 billion, or EPS of NT$1.10, in 2008 — the lowest since 2001 when the company reported NT$4.61 billion in profit.<span class="sent"> Last year's net profit was also higher than the NT$28.61 billion forecast by Citigroup analyst < Tweet this 

Formosa Chemicals & Fibre Corp (????) yesterday said its after tax profit last year expanded nearly five times from a year ago amid recovering demand, especially from China. The company, one of the four largest units of the Formosa Plastics Group (????), said in a stock exchange filing that it made a profit of NT$29.44 billion (US$925.8 million), or NT$5.17 in earnings per share (EPS), last year. This compares with a net profit of NT$6.1 billion, or EPS of NT$1.10, in 2008 — the lowest since 2001 when the company reported NT$4.61 billion in profit. Last year's net profit was also higher than the NT$28.61 billion forecast by Citigroup analyst Oscar Yee (???) in a client note on Feb. 24. Yee predicted the company would report a net profit of NT$31.53 billion this year, supported by demand from China and a better product mix, the note said 
Share:  Formosa Chemicals & Fibre Corp (????) yesterday said its after tax profit last year expanded nearly five times from a year ago amid recovering demand, especially from China. The company, one of the four largest units of the <span class="company">Formosa Plastics</span> Group (????), said in a stock exchange filing that it made a profit of NT$29.44 billion (US$925.8 million), or NT$5.17 in earnings per share (EPS), last year. This compares with a net profit of NT$6.1 billion, or EPS of NT$1.10, in 2008 — the lowest since 2001 when the company reported NT$4.61 billion in profit.<span class="sent"> Last year's net profit was also higher than the NT$28.61 billion forecast by Citigroup analyst <span class="analyst">Oscar Yee</span> (???) in a client note on Feb. 24.</span> Yee predicted the company would report a net profit of NT$31.53 billion this year, supported by demand from China and a better product mix, the note said....Formosa Chemicals & Fibre Corp (????) yesterday said its after tax profit last year expanded nearly five times from a year ago amid recovering demand, especially from China. The company, one of the four largest units of the <span class="company">Formosa Plastics</span> Group (????), said in a stock exchange filing that it made a profit of NT$29.44 billion (US$925.8 million), or NT$5.17 in earnings per share (EPS), last year. This compares with a net profit of NT$6.1 billion, or EPS of NT$1.10, in 2008 — the lowest since 2001 when the company reported NT$4.61 billion in profit.<span class="sent"> Last year's net Tweet this 

DirecTV ( DTV ) was downgraded to hold from buy at Citigroup. 
Share:  <span class="sent"><span class="company">DirecTV</span> ( DTV ) was downgraded to hold from buy at <span class="analyst">Citi</span>group.</span> Tweet this 

That makes it impossible for us to go back to our members and ballot them.". This weekend's walkout and a further four day strike from could cost London based British Airways 105 million pounds ($159 million), Citigroup Inc analyst Andrew Light estimates. That's more than the 63 million pound annual saving that the airline is targeting through a labor deal. Walsh, who is seeking to cut crew levels and reduce pay for new recruits, said emergency plans mean BA "will be flying tomorrow." The carrier aims to transport 65 percent of booked passengers using volunteer crews and rented planes to assist flight attendants who report for work 
Share:  That makes it impossible for us to go back to our members and ballot them.".<span class="sent"> This weekend's walkout and a further four day strike from could cost London based <span class="company">British Airways</span> 105 million pounds ($159 million), Citigroup Inc analyst <span class="analyst">Andrew Light</span> estimates.</span> That's more than the 63 million pound annual saving that the airline is targeting through a labor deal. Walsh, who is seeking to cut crew levels and reduce pay for new recruits, said emergency plans mean BA "will be flying tomorrow." The carrier aims to transport 65 percent of booked passengers using volunteer crews and rented planes to assist flight attendants who report for work....That makes it impossible for us to go back to our members and ballot them.".<span class="sent"> This weekend's walkout and a further four day strike from could cost London based <span class="company">British Airways</span> 105 million pounds ($159 million), Citigroup Inc analyst <span class="analyst">Andrew Light</span> estimates.</span> That's more than the 63 million pound annual saving that the airline is targeting through a labor deal. Walsh, who is seeking to cut crew levels and reduce pay for new recruits, said emergency plans mean BA "will be flying tomorrow." The carrier aims to transport 65 percent of booked passengers using volunteer crews and rented planes to assist flight attendants who report for work. Tweet this