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Business News on July 14, 2012


Kingfisher Airlines cancels some flights as pilots go on strike
A section of pilots of Kingfisher airlines go on strike forcing the airlines to cancel some flights Andhra News

Avion Gold Corporation (TSX:AVR) (OTCQX:AVGCF) Receives Updated Buy Recommendation from Canaccord Genuity - Video Summary Posted on www.InvestmentPitch.com
Vancouver, British Columbia, July 13, 2012 - Investment firm Canaccord Genuity has reiterated its buy recommendation for Avion Gold (TSX:AVR) (OTCQX:AVGCF). Analyst Steven Butler maintains his buy rating and target price of $1.75, a premium of 250% above today's price of $0.50.InvestmentPitch.com has produced a ""video news alert"" about Avion Gold based on this report ACN Newswire

Mid-Day Healthcare Review: AFFY Jumps, ACAD & ACAD Slump On News, OMPI surging and AMPE slides on financing
U.S. stocks rebounded strongly on Friday after falling for six consecutive session on Thursday supported by strong earnings from JPMorgan Chase in addition to speculation that China and Europe will boost stimulus efforts. On the other hand, there are several healthcare stocks which are showing unusual moves on July 13, 2012.Affymax, Inc ACN Newswire

Equity Briefing: Stock Analysts' New Coverage for July 12th: CRM, FNSR, JDSU, PVH
Equities research analysts initiated coverage on a number of stocks today, as reported by Analyst Ratings Network:Arris Group, Inc. (NASDAQ: ARRS) is now covered by analysts at Maxim Group. They set a ""buy"" rating and a $17.00 price target on the stock.Callidus Software Inc. (NASDAQ: CALD) is now covered by analysts at ThinkEquity. They set a ""buy"" rating on the stock ACN Newswire

Equity Briefing: Stock Analysts' Downgrades for July 12th: AEC, DRWI, EW, FIS, N, SKS
A number of stocks were downgraded by equities research analysts today, as reported by Analyst Ratings Network:Associated Estates (NYSE: AEC) was downgraded by analysts at Robert W. Baird from an ""outperform"" rating to a ""neutral"" rating. They now have a $16.00 price target on the stock, down previously from $20.00.Corus Entertainment Inc ACN Newswire

Equity Briefing: Stock Analysts' Upgrades for July 13th: DHI, HOT, KBH, KMP, MRK, WLL
A number of stocks were upgraded by equities research analysts today, as reported by Analyst Ratings Network:CMS Energy (NYSE: CMS) was upgraded by analysts at Wells Fargo & Co. from a ""market perform"" rating to an ""outperform"" rating. They noted that the move was a valuation call.Cabot Oil & Gas (NYSE: COG) was upgraded by analysts at Robert W ACN Newswire

Dockwise Ltd : Fairstar Board unanimously recommends acceptance of NOK 10 per share;
Fairstar Heavy Transport N.V.("Fairstar") andDockwise Ltd ("Dockwise") today announce their agreement on the recommendedacquisition by Dockwise of the remaining shares in Fairstar. The exit to berealized through purchases on the Oslo Stock Exchange for an amount of NOK10per Share for a period of four weeks from today (the "Exit") MarketWire

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