Armed Russian Soldiers Take Over Ukrainian Airports

Armed Russian Soldiers Take Over Ukrainian Airports. In an escalation of events in Ukraine, Russian soldiers have taken over two airports in Crimea.  This comes after armed soldiers stormed government building yesterday and removed the Ukrainian flag while replacing it with the Russian flag. Ukraine's acting interior minister said that the actions by Russia are an "armed invasion and occupation." The heavily armed soldiers equipped with AK47’s, machineguns, and RPG’s are wearing Russian uniformed with all markings removed. The Russian government is not commenting on any troop movements in Ukraine. Ukraine’s interim government has called for emergency U.N. meetings to address the situation. Additionally, Ukraine's central bank has limited foreign-currency bank withdrawals to 15,000 hryvnia ($1,500) a day.

Upgrades:

Deckers Outdoor (DECK): Susquehanna raised their rating from Neutral to Positive and raised their target price from $78.00 to $87.00. Pre-market: 74.47 -10.20 (-12.05%)

Dynergy (DYN): ISI Group raised their rating from Cautious to Neutral and placed a target price of $24.00 on the company.

Gap (GPS): Atlantic Equities raised their rating from Underweight to Neutral. Pre-market: 43.62 -0.06 (-0.14%)

Total S.A. (TOT): UBS raised their rating from Neutral to Buy. Pre-market: 64.48 +0.94 (1.48%)

Downgrades:

Diego PLC (DEO): RBC Capital lowered their rating from Sector Perform to Underperform. Pre-market: 126.22 +0.92 (0.73%)

Fresh Market (TFM): Raymond James Lowered their rating from Strong Buy to Outperform.

Mylan (MYL): Needham lowered their rating from Buy to Hold. Pre-market: 55.80 -0.47 (-0.84%)

NII Holdings (NIHD): Raymond James lowered their rating from Outperform to Market Perform. Pre-market: 1.33 -1.25 (-48.35%)

Earning Reports:

Gap (GPS): Reported EPS of $0.68 beating estimates by +$0.02. Pre-market: 43.62 -0.06 (-0.14%)

Iron Mountain (IRM): Reported EPS of $0.22 in-line with estimates. Pre-market: 28.89 +0.48 (1.69%)

NII Holdings (NIHD): Reported EPS of -4.33 missing estimates by -$2.48. Pre-market: 1.33 -1.25 (-48.35%)

Ross Stores (ROST): Reported EPS of $1.02 in-line with estimates.

Salesforce.com (CRM): Reported EPS of $0.07 beating estimates by +$0.01. Pre-market: 66.00 -0.22 (-0.33%)

Markets: 
Futures at 8:26: Dow -0.04%. S&P -0.07%. Nasdaq -0.07%. Crude -0.21% to $102.19. Gold +0.07% to $1332.70. U.S. 10 Year -7/32 to 2.666%.

Europe: London -0.14%. Paris -0.22%. Frankfurt +0.13%. 

Asia: Japan -0.55% to 14841. Hong Kong +0.04% at 22837. China +0.44% to 2056. India +0.63% to 21120. 

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