Scopia Capital
http://scopiacapital.com/Scopia Capital LLC is a New York based firm that provides investment management with a long/short, value driven, market-neutral approach, as well as long only investment management to institutional investors. The company was founded in 2001 by Matt Sirovich and Jeremy Mindich. The firm's investment style is unusual in that it combines fundamentally focused, deep due diligence and a concentrated portfolio of high conviction long and short positions with the discipline of market neutrality.
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Notable Analyst Rating Changes 4/30: BP, CBS, RT Upgraded; TMA, BX, VLO Downgraded
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Oppenheimer Downgrades Sohu.com (SOHU) to Market Perform
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WR Hambrecht Downgrades Hutchinson Technology (HTCH) to Hold
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Raymond James Upgrades Lithia Motors (LAD) to Market Perform
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Notable Mergers and Acquisitions of the Day 4/30 (UNTD/FTD, CVC, SRX)
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Equity option family volume leaders in first 40-minutes of Trading: AAPL MRK V GM
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Wedbush Morgan Reiterates Strong Buy on Big Lots (BIG)
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Color on Wedbush Upgrade of DreamWorks Animation (DWA)
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Kinetic Concepts (KCI) Receives Antitrust Approval to Acquire LifeCell (LIFC) - DJ
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Disney (DIS) May volatility at 30 into EPS
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Wedbush Morgan Upgrades DreamWorks Animation (DWA) to Buy
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ICP Solar (ICPR) Expands Distribution Relationship with Wal-Mart (WMT)
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Playboy (PLA) Plans to Expand Digital Strategy With Several New Partnerships
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Brean Murray Downgrades FEI (FEIC) to Hold
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Deutsche Bank Raises PT on MasterCard (MA) to $340
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Piper Jaffray Downgrades Corel (CREL) to Neutral, On Buyout Offer & Mgmt Changes
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Chemtura (CEM) Continues Restructuring; Sells OBS Product Line to Baerlocher
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Needham's Price Target Lowered RadiSys (RSYS) To $13.50
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Wachovia Upgrades LMI Aerospace Inc. (LMIA) to Outperform
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Chicago PMI comes in at 48.3, versus the consensus of 47.5
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Citi Downgrades Chunghwa Telecom (CHT) to Hold
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Wachovia Upgrades Smith & Nephew plc (SNN) to Outperform, Citing Improving Earnings
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Needham Downgrades Cognex (CGNX) to Buy
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TECO Energy (TE) Boosts Qtr. Dividend to $0.20
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Citi Downgrades Lear Corp (LEA) to Hold, Prefers New Money in BorgWarner (BWA)
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Needham Upgrades G&K Services (GKSR) to Buy
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United Microelectronics (UMC) Reports Mxied Q1 Earnings
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Euronet Worldwide (EEFT) Earnings Miss Street Expectations; Guides Q2 Below the Street
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Citi Upgrades CBS Corp. (CBS) to Hold
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Raymond James Downgrades Novamed (NOVA) to Outperform
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CL King upgrades Arris (ARRS) to Strong Buy
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Keefe, Bruyette Downgrades Unum Group (UNM) to Market Perform
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SAVVIS (SVVS) Reports Q1 Loss of $0.08; Guides FY08 Revs Below the Street
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Pre-Open Movers Movers 4/30: First Solar (FSLR) Up on Strong Results/Guidance, SAVVIS (SVVS) Lower on Weak Results/Guidance
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RBC Capital Downgrades Martha Stewart (MSO) to Sector Perform
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Friedman Billings Downgrades Thornburg Mortgage (TMA) to Underperform
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United Online (UNTD) to Acquire FTD Group (FTD) for $456M
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Calyon Securities Upgrades Total System Services (TSS) to Buy
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AMDL (ADL) Signs MOU for 200 Store Distribution Arrangements for Goodnak Product Line
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Gulfmark Offshore (GLF) Reports Strong Q1 Earnings
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Baird Downgrades Heidrick & Struggles (HSII) to Neutral
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Headwaters (HW) Reports Q2 Loss of $0.11, Misses By 7c; Guides FY08 EPS Below the Street
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Thomas Weisel Initiates Coverage on CardioNet (BEAT) with an Overweight
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ThinkPanmure Downgrades TheStreet.com (TSCM) to Accumulate
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J.P. Morgan Removes VCA Antech (WOOF) From 'Focus List', Adds Rock-Tenn (RKT)
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Alexion Pharmaceuticals (ALXN) Reports First Ever Adj-Earnings Gain; Raises FY08 Outlook
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SunTrust Upgrades Ruby Tuesday (RT) to Buy
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Needham & Co Downgrades Monolithic Power (MPWR) to Buy
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United Online (UNTD) Updates Q1 Guidance
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Raymond James Downgrades Urban Outfitters (URBN) to Outperform

