Limelight (LLNW) (UTX) (BDX) (HSIC) (CLNE) (SYKE) Downgraded

Limelight Networks (NASDAQ: LLNW), United Technologies Co. (NYSE: UTX), Becton Dickinson And Co (NYSE: BDX), Henry Schein, Inc. (NASDAQ: HSIC), Clean Energy Fuels Corp. (NASDAQ: CLNE) and Sykes Enterprises, Incorporated (NASDAQ: SYKE) downgraded by analysts.

Limelight Networks (LLNW) was downgraded by SunTrust (NYSE:STI) from a “Buy” rating to a “Neutral” rating.

United Technologies Co. (UTX) was downgraded by Goldman Sachs (NYSE:GS) from a “Buy” rating to a “Neutral” rating.

Becton Dickinson And Co. (BDX) was downgraded by Goldman Sachs from a “Buy” rating to a “Neutral” rating.

Henry Schein, Inc. (HSIC) was downgraded by Goldman Sachs from a “Buy” rating to a “Neutral” rating. They have a price target of $70.00 on the company.

Clean Energy Fuels Corp. (CLNE) was downgraded by Northland Securities from an “Outperform” rating to a “Market Perform” rating. They have a price target of $14.00 on the company, down from $17.00.

Sykes Enterprises, Incorporated (SYKE) was downgraded by Craig Hallum from a “Buy” rating to a “Hold” rating.

Cameron (CAM) (CLNE) (CNQ) (XCO) (MAR) Upgraded by Analysts

Analysts upgraded shares of Cameron (NYSE: CAM), Clean Energy Fuels Corp. (NASDAQ: CLNE), Canadian Natural Resources (NYSE: CNQ), EXCO Resources, Inc. (NYSE: XCO) and Marriott (NYSE: MAR).

Cameron (NYSE: CAM) was upgraded by Global Hunter Securities from a “neutral” rating to a “buy” rating. They have a price target of $63.00 on the company, up from $55.00.

Clean Energy Fuels Corp. (CLNE) was upgraded by Bank of America (NYSE:BAC) from an “underperform” rating to a “buy” rating. They have a price target of $19.00 on the company.

Canadian Natural Resources (NYSE: CNQ) was upgraded by Stifel Nicolaus from a “hold” rating to a “buy” rating. They have a price target of $50.00 on the company.

EXCO Resources, Inc. (NYSE: XCO) was upgraded by Stifel Nicolaus from a “hold” rating to a “buy” rating. They have a price target of $19.00 on the company.

Marriott (NYSE: MAR) was upgraded by Robert W. Baird from a “neutral” rating to an “outperform” rating. They have a price target of $44.00 on the company, up from $40.00.

Cameron International closed Wednesday at $49.57, gaining $0.23, or 0.47 percent. Clean Energy Fuels closed at $17.01, rising $1.93, or 12.80 percent. Canadian Natural Resources closed at $41.18, climbing 0.53, or 1.30 percent. EXCO Resources, Inc. ended the day at $15.66, falling $0.08, or 0.51 percent. Marriott closed at $37.14, up $0.32, or 0.87 percent.

Ratings on Arch Coal (ACI) (CLNE) (MT) (WM) (PG) Changed by Analysts

Ratings on Arch Coal, Inc. (NYSE: ACI), Clean Energy Fuels Corp. (NASDAQ: CLNE), ArcelorMittal (NYSE: MT), Waste Management Inc (NYSE: WM) and Procter & Gamble (NYSE: PG) adjusted by analysts.

RBC Capital upgraded Arch Coal, Inc. (ACI) from a “sector perform” rating to an “outperform” rating.

Northland Securities upgraded Clean Energy Fuels Corp. (CLNE) from a “market perform” rating to an “outperform” rating.

Societe Generale upgraded ArcelorMittal (MT) from a “hold” rating to a “buy” rating.

Wedbush downgraded Waste Management Inc (WM) from a “neutral” rating to an “underperform” rating. They also cut their price target from $40.00 to $34.00 a share.

Jefferies (NYSE:JEF) downgraded Procter & Gamble (PG) from a “buy” rating to a “hold” rating.

Procter & Gamble closed Tuesday at $64.53, falling $0.19, or 0.29 percent. Waste Management closed at $36.63, down $0.52, or 1.40 percent. ArcelorMittal ended the session at $32.58, dropping $0.31, or 0.94 percent. Clean Energy Fuels Corp. closed at $15.08, gaining $1.96, or 14.94 percent. Arch Coal closed at $25.39, losing $0.05, or 0.20 percent.

Pickens in BP (BP) (OXY), While Touting (CHK) (DVN) (EOG)

T. Boone Pickens is investing in all angles of the energy play, holding shares of BP (NYSE:BP) and Occidental Petroleum (NYSE:OXY) while pushing the benefits of natural gas, where he holds companies like Chesapeake Energy (NYSE:CHK), Devon Energy (NYSE:DVN) and EOG Resources (NYSE:EOG).

He is also the largest shareholder in Clean Energy Fuels (NASDAQ:CLNE), which focuses on supplying natural gas for vehicles.

Pickens says, “We can get to 8 million 18-wheelers with natural gas in seven years, and that would cut our OPEC oil in half.”

Being very obvious in his pushing of energy in general, as he stands to gain whatever way and pace the market goes and grows, Pickens also said in a recent interview he sees oil rising to $300 a barrel in a decade if the U.S. doesn't change its energy consumption habits.

Whether you agree with Pickens or not, you do have to take things he says with a healthy grain of salt, as he has a huge stake in almost every outcome in the sector, a reason he's been out over the last couple of years being very vocal and available to the media.

MGM Mirage (MGM), Clean Energy Fuels (CLNE), iShares Emerging Markets (EEM), Salix (SLXP) Major Options Movers Thursday

Thursday options report on MGM Mirage (MGM), Clean Energy Fuels (CLNE), iShares Emerging Markets (EEM) and Salix (SLXP).

Bullish Flow

MGM (MGM) adds 13 cents to $13.62 and 27,000 calls traded on the casino-operator today, which is not unusual volume, but compares to put volume of 8,550 contracts. March 13 calls are the most actives. 4,900 traded and 82 percent of the volume at the Ask. Looks like some of the volume in March 14, March 15 and April 15s is being driven by upside call buyers. Implied volatility is up 2 percent to 47.5. Moody's says today that it is seeing signs of modest recovery in the Las Vegas strip area.

Clean Energy Fuels (CLNE), which saw action Tuesday on news UPS has contracted the company, is up another $1.15 to $14.92 on news Knapheide, a maker of steel truck bodies, has selected the company for CMG fuel systems for Ford light duty trucks. CLNE call options are busy again today, led by a block of 2827 Jun 16 calls at $1.10 when the market was 95 cents to $1.25. Looks opening. More than 4000 traded. Mar and Sep 15 and 16 calls are seeing interest as well.

Bearish Flow

iShares Emerging Markets Fund (EEM) is flat at $44.87 and 23,000 EEM Jun 43 puts were recently sold at $1.84 each. Another 35,000 were sold earlier at $1.90 per contract. One or more investors might be unwinding hedges. Volume in the June 43 put, which is 4.2 percent out-of-the-money, is now 71,425 vs. 106,365. Implied volatility in the EEM was up 24 percent over the past two days and is down 2 percent to 25.5 midday Thursday.

Implied Volatility Mover

Salix Pharmaceuticals (SLXP) is down 22.3 percent to $32.21 and options volume is running 8.5X the average daily after the FDA decided the company’s Xifaxan (label expansion) is not ready for approval. March 37 puts are the most actives, as some players might be liquidating positions opened prior to the news. Mar 35 calls, Mar 35 puts, Mar 30 puts, April 40 calls and July 37 calls are seeing interest as well. Implied volatility is down 42 percent to 50.5.






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