The industrials sector is trading -1.9% versus the S&P 500 -1.0%.
In broker news: CIR +1.9% (Circor upgraded to Buy from Hold at Gabelli), CEA
-9.0% (China Eastern Airlines upgraded to Neutral from Underweight at HSBC), ZNH
-8.4% (China Southern Airlines upgraded to Overweight from Neutral at HSBC), AL
-2.0% (Air Lease initiated with a Buy at Citigroup).
IR -13.3% (Ingersoll-Rand downgraded to Neutral from Buy at Janney Montgomery
Scott), INSU -14.2% (Insituform Tech downgraded to Neutral from Outperform at
Wedbush; Circor upgraded to Buy from Hold at Gabelli).
In Sector News: LMT +0.4% (Lockheed Martin awarded $157.6 mln contract - Dept.
of Defense), RTN +0.2% (Raytheon awarded $61.9 mln contract - Dept. of Defense).
KOP -0.7% (Koppers Holdings signs three-year contract with CSX for rail joint
bars; contract estimated between $12-13 mln over three year period), JKS -0.4% (JinkoSolar
Holding announced that it has repurchased in the aggregate amount of 785,900
ADSs, representing 3,143,600 of its ordinary shares since the beginning of the
share repurchase program), IR -14.2% (Ingersoll-Rand lowers Q3 and FY11
guidance), ENOC -16.7% (EnerNOC lower off the open following cautious analyst
comments related to FERC order).






