Noranda (NOR) (NWY) (CP) (NWSA) (CRMD) (FHN) Downgraded

Noranda Aluminum Holding Co. (NYSE: NOR), New York & Company, Inc. (NYSE: NWY), Canadian Pacific Railway Limited (NYSE: CP), News Corp. (NASDAQ: NWSA), CorMedix Inc. (NASDAQ: CRMD) and First Horizon National Co. (NYSE: FHN) were downgraded by analysts.

Noranda Aluminum Holding Co. (NOR) was downgraded by Morgan Stanley (NYSE:MS) from an “Overweight” rating to an “Equal Weight” rating.

New York & Company, Inc. (NWY) was downgraded by KeyBanc from a “Buy” rating to a “Hold” rating.

Canadian Pacific Railway Limited (CP) was downgraded by Raymond James (NYSE:RJF) from a “Strong Buy” rating to a “Market Perform” rating.

News Corp. (NWS-A) was downgraded by Goldman Sachs (NYSE:GS) to a “Neutral” rating.

CorMedix Inc. (CRMD) was downgraded by Maxim Group from a “Buy” rating to a “Hold” rating.

First Horizon National Co. (FHN) was downgraded by JPMorgan Chase & Co. (NYSE:JPM) to a “Neutral” rating. They have a price target of $8.50 on the company.