Veolia (VE) (SUNH) (NHC) (BCSI) (FIG) (IRF) Downgraded

Veolia Environnement (NYSE: VE), Sun Healthcare Group, Inc. (NASDAQ: SUNH), National HealthCare Co. (NYSE: NHC), Blue Coat (NASDAQ: BCSI), Fortress Investment Group LLC (NYSE: FIG) and International Rectifier (NYSE: IRF) were downgraded by analysts.

Veolia Environnement (VE) was downgraded by Goldman Sachs (NYSE:GS) from a “Buy” rating to a “Neutral” rating.

Sun Healthcare Group, Inc. (SUNH) was downgraded by Oppenheimer from an “Outperform” rating to an “Underperform” rating.

National HealthCare Co. (NHC) was downgraded by Morgan Keegan from an “Outperform” rating to a “Market Perform” rating. They have a price target of $41.00 on the company, down from $55.00.

Blue Coat (BCSI) was downgraded by Lazard Capital from a “Buy” rating to a “Neutral” rating.

Fortress Investment Group LLC (FIG) was downgraded by Keefe, Bruyette & Woods, Inc from an “Outperform” rating to a “Market Perform” rating.

International Rectifier (IRF) was downgraded by JMP Securities from an “Outperform” rating to a “Market Perform” rating.

Dividends for (ASEI) (BLKB) (IPAR) (NEBS) (NHC) Declared

American Science & Engineering (ASEI), Blackbaud Inc (BLKB), Inter Parfums Inc. (IPAR), New England Bancshares (NEBS) and National Healthcare Core (NHC) declare dividends.

The Board of Directors of American Science & ENGR (ASEI) declared a quarterly common stock dividend of $0.30 per share payable 6/2/11 to shareholders of record at the close of business on 5/23/11.

The Board of Directors of Blackbaud Inc (BLKB) declared a quarterly common stock dividend of $0.12 per share payable 6/15/11 to shareholders of record at the close of business on 5/27/11.

The Board of Directors of Inter Parfums Inc. (IPAR) declared a quarterly common stock dividend of $0.08 per share payable 7/15/11 to shareholders of record at the close of business on 6/30/11.

The Board of Directors of New England Bancshares (NEBS) declared a quarterly common stock dividend of $0.03 per share payable 6/10/11 to shareholders of record at the close of business on 5/24/11.

The Board of Directors of National Healthcare Core (NHC) declared a quarterly common stock dividend of $0.30 per share payable 9/1/11 to shareholders of record at the close of business on 6/30/11.

Health Care REIT (NYSE:HCN) Misses on Earnings

Health Care REIT (NYSE:HCN) missed in its quarterly earnings by 3 cents a share, generating 70 cents a diluted share, down from 75 cents a diluted share. Analysts had been looking for 73 cents a share.

Revenue came in at $255 million for the quarter.

“Health Care REIT remains on target to deliver strong 2011 earnings growth of 8-11%,” commented George L. Chapman, Health Care REIT’s Chairman, Chief Executive Officer and President. “We recently closed the Genesis HealthCare and Benchmark Senior Living transactions on or ahead of schedule. These closings allowed us to recently raise our 2011 FFO guidance by seven cents as these transactions will be immediately accretive to earnings. The $7 billion of new partnerships formed in 2010 and 2011-to-date demonstrates the successful execution of our relationship investment strategy and positions the company for a strong period of earnings and dividend growth over the next several years,” said Health Care leadership.

Major competitors of Health Care REIT include Nationwide Health Properties Inc. (NYSE:NHP), HCP, Inc. (NYSE:HCP), Ventas, Inc. (NYSE:VTR), Universal Health Realty Income Trust (NYSE:UHT), Omega Healthcare Investors, Inc. (NYSE:OHI), National Health Investors Inc (NYSE:NHI), LTC Properties, Inc. (NYSE:LTC), Senior Housing Properties Trust (NYSE:SNH), Healthcare Realty Trust Inc. (NYSE:HR) and Medical Properties Trust, Inc. (NYSE:MPW)

Health Care Reit was trading at $53.05, falling $1.01, or 1.87 percent, as of 12:21 PM EDT.