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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MGM Mirage (MGM) volatility Elevated at 62 into EPS
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Notable Analyst Rating Changes 5/2: JWN, MDAS, EQ Upgraded; AIZ, GPS, JAVA Downgraded
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Town Sports (CLUB) Up 20% On Strong Q1 Results, $25M Buyback
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Perhaps, This Is Apple's (AAPL) New iPhone?
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Pre-Open Movers 5/2: Investools (SWIM) Sinks After Results; Barnes Group (B) Up on Strong Results/Guidance
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Notable Mergers and Acquisitions of the Day 5/2 (YHOO/MSFT, KAD, ADSK)
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Piper Jaffray Lifts PT on Town Sports (CLUB) to $12
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Capital One Southcoast Upgrades Helmerich & Payne (HP) to Add
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Deutsche Bank Upgrades Embarq (EQ) to Buy; $56 PT
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Yahoo! (YHOO) Up on Reports Microsoft (MSFT) Ready to Go Hostile
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Deutsche Bank Upgrades Pioneer Natural Resources (PXD) to Buy
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Caris Starts Vanda Pharmaceuticals (VNDA) at Buy
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Sempra Energy (SRE) Tops Q1 EPS by 3c; Expects To Raise Dividend
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S&P 500 Resistance Level 1433
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Brean Murray Downgrades Churchill Downs (CHDN) to Hold; Citing Labor Dispute, Valuation
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More Color On TAF Program, Libor And Fed Funds
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Deutsche Bank Upgrades PGT (PGTI) to Buy
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Wachovia Upgrades Duke Realty (DRE) to Outperform
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Lazard Capital Starts Cardica (CRDC) at Buy
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Calyon Upgrades Oil States (OIS) to Add
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Cowen Downgrades ManTech (MANT) to Neutral
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FTN Midwest upgrades CIGNA (CI) to Buy
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William Blair upgrades Town Sports Intl (CLUB) to Outperform
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Friedman Billings Downgrades Sepracor (SEPR) to Underperform
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Financial Select Sector (XLF) volatility at 29, suggesting less Risk
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ALLETE (ALE) Reports Q1 EPS of $0.18, Beats By a Penny; Reaffirms FY08 Guidance
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MDU Resources (MDU) Reports Q1 EPS of $0.39, Beats By 3c; Raises FY08 Guidance
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Needham Downgrades Magma Design (LAVA) to Hold
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Triad Guaranty (TGIC) and Lightyear Capital Enter Exclusive Negotiations to Form a New Mortgage Insurance Company
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Needham Downgrades Bankrate (RATE) to Hold
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The Washington Post (WPO) Reports Q1 Earnings
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Weyerhaeuser (WY) Misses By 7c
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Chevron (CVX) Tops Q1 View By 7c
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Deutsche Bank Downgrades Equity Residential (EQR) to Hold
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Nonfarm Payrolls Down 20K, Manufacturing Payrolls Down 46K, Unemployment Rate 5%
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Comcast (CMCSA) Experiencing Outages In Several Areas This Morning
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Leerink Swann Downgrades Millipore (MIL) to Market Perfrom
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Stoneridge (SRI) Reports Strong Q1 Earnings; Guides FY08 EPS Above the Street
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Deutsche Bank Upgrades CBL & Associates (CBL) to Buy
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Fed Increases Auction Facility To $150B
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Arcadia Resources Announces Acquisition of Carolina Care, LLC
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Deutsche Bank Upgrades Valassis Communications (VCI) to Buy
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Waste Industries USA (WWIN) Tops Q1 View
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Anadarko Petroleum (APC) volatility Up into EPS & $113 oil
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Penwest Pharmaceuticals (PPCO) Reports Q1 Loss of $0.41, Misses By 7c
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Jesup & Lamont Starts MIV Therapeutics (MIVT) at Buy
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Jesup & Lamont Starts ICU Medical (ICUI) at Buy
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Calgon Carbon (CCC) Reports Q1 EPS of $0.10, Beats By 2c
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Melco PBL Entertainment (MPEL) May volatility Elevated at 78
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Walgreens (WAG) April Comps Up 1.6%

