Wednesday, July 18, 2012

Rovi shares slump on profit warning

Sterne Agee upgraded shares of Renasant Corp. (NASDAQ:RNST) from an underperform rating to a neutral rating. Barrington Research downgraded shares of Rovi Corp (NASDAQ:ROVI) from an outperform rating to a market perform rating. JPMorgan ChaseU.S. stocks closed higher Tuesday as the Dow Jones Industrial Average rose 78 points to 12806, the Standard & Poor's 500-stock index rose 10 points to 1364 and the Nasdaq Composite increased roughly 13 points to 2910. Among the companies withNew Annual Lows: ROVI, Groupon, and Wynn ResortsSchaeffers Research (blog)At last glance, the New York Stock Exchange (NYSE)

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