EdgeWater 12/8/2010 3:15:38 AM
News / Business

Notable Stock Downgrades (AGL Resources Inc., APA, Intel, New Gold Inc.)

Notable Stock Downgrades

AGL Resources Inc. (NYSE:AGL) dropped 5.12% to $35.23. The 52-week range of the stock is $34.26-$40.08. The stock is down more than 3% year-to-date.  

East Shore Partners downgraded AGL Resources from Buy to Hold.

Apache Corporation (NYSE:APA) slid 0.14% to $116.26. The 52-week range of the stock is $81.94-$117.98. Argus downgraded Apache Corp. to a sell rating from its previous rating of Hold.

The stock opened at $117.17 and is trading within the range of $115.83-$117.98. The stock rallied more than 12% year-to-date.

Intel Corporation (NASDAQ:INTC) is up 0.28% to $21.76. The 52-week range of the stock is $17.60-$24.37. Standpoint Research downgraded Intel from Buy to Hold.

The stock has average daily volume of 52.90 million shares.

New Gold Inc. (USA) (AMEX:NGD) declined 3.85% to $9.75. BMO Capital downgraded New Gold from Outperform to Market Perform.

The average daily volume of the stock is 3.52 million shares. At current market price, the market capitalization of the company stands at $3.82 billion.

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