Hurricane damage shut down Williams gas plant Natural gas company Williams Cos. said Tuesday its Cameron Meadows natural gas processing plant in Louisiana sustained "significant damage" from Hurricane Ike and has been shut down for repairs. 23 Sep 2008
432.
Ahead of the Bell: Analyst downgrades Melco Crown A JPMorgan analyst downgraded Melco Crown Entertainment Ltd. Tuesday, saying the Hong Kong-based gaming company is facing more competition for Macau's VIP customers while contending with softening revenue. 23 Sep 2008
433.
Ahead of the Bell: Silgan Holding downgraded Shares of Silgan Holdings Inc., which makes plastic and metal packaging, could see increased activity Tuesday after an analyst downgraded the stock to "Neutral" from "Buy" as prospects for other kinds of packaging appear stronger. 23 Sep 2008
434.
Ahead of the Bell: Savvis downgraded An analyst downgraded Savvis Inc. Tuesday, citing growing expenses and "limited evidence of improving operations" for the provider of computer network services. 23 Sep 2008
435.
Ahead of the Bell: Regions Financial downgraded An analyst on Tuesday cut his rating for Regions Financial Corp., saying the stock's recent price appreciation now makes it overvalued compared to its fundamentals. 23 Sep 2008
436.
DuPont chief executive to step down in January Chemical maker DuPont said Tuesday its President and Chief Executive Charles O. Holliday Jr. will be replaced in January. Ellen J. Kullman, 52, will become president and director on Oct. 1. She will take over for Holliday, 60, as CEO on Jan. 1, 2009, DuPont said. 23 Sep 2008
437.
Ahead of the Bell: Zions downgraded to "Hold" Citi Investment Research analyst Greg Ketron late Monday downgraded the shares of Zions Bancorp to "Hold" from "Buy," due to the stock's recent run-up in price. 23 Sep 2008
438.
Ahead of the Bell: Cache downgraded An analyst on Tuesday downgraded women's apparel retailer Cache Inc. after it lowered its guidance due to lower-than-expected sales of dresses and poor weather. 23 Sep 2008
439.
Ahead of the Bell: SunTrust Banks downgraded An analyst on Tuesday cut his rating on SunTrust Banks Inc. based on valuation and the regional bank's recent jump in stock price. Robert W. Baird & Co. analyst David George cut his rating on SunTrust to "Neutral" from "Outperform," noting that absent a takeover with a high premium, "the stock is fairly priced on a fundamental, stand-alone basis. 23 Sep 2008
440.
Unisys chief to step down at end of year Technology services provider Unisys Corp. announced Tuesday that President and CEO Joseph W. McGrath will step down at the end of the year. The board of directors and McGrath, who has served as chief executive officer since 2005, agreed that a change in leadership will allow Unisys to move more quickly to execute the company's strategy, the company said. 23 Sep 2008