HSBC

HSBC has upgraded BHP Billton (NYSE: BHP) from Neutral to Overweight.

Analysts at HSBC upgrade Syntroleum Corporation (NASDAQ: SYNM) from “underweight” to “neutral.” SYNM shares fell 3.26% to close at $2.08 yesterday. More Analyst Ratings here

Analysts at HSBC downgrade Harmony Gold Mining Co (NYSE: HMY) from “neutral” to “underweight.” HMY shares surged 6.67% to close at $14.39 yesterday. More Analyst Ratings here

Analysts at HSBC upgrade SAP AG (NYSE: SAP) from “neutral” to “overweight.” SAP shares gained 3.28% to close at $59.91 yesterday. More Analyst Ratings here

Analysts at HSBC upgrade Rentokil Initial plc (OTC: RTOKY) from “underweight” to “neutral.” RTOKY shares closed at $7.25 yesterday. More Analyst Ratings here

Analysts at HSBC upgrade Tata Communications Limited (NYSE: TCL) from “underweight” to “neutral.” TCL shares gained 3.32% to close at $9.65 yesterday. More Analyst Ratings here

Analysts at HSBC upgrade AT&T Inc (NYSE: T) from “neutral” to “overweight.” T shares gained 0.72% to close at $27.94 on Friday. More Analyst Ratings here

Analysts at HSBC upgrade Deutsche Telekom AG (OTC: DTEGY) from “underweight” to “overweight.” DTEGY shares gained 0.22% to close at $13.58 on Friday. More Analyst Ratings here

Analysts at HSBC upgrade Carrefour SA (OTC: CRERY) from “neutral” to “overweight.” CRERY shares fell 3.40% to close at $8.24 yesterday. More Analyst Ratings here

Analysts at HSBC upgrade Wolseley plc (OTC: WOSYY) from “underweight” to “neutral.” WOSYY shares gained 0.88% to close at $3.43 yesterday. More Analyst Ratings here

Analysts at HSBC upgrade Xstrata Plc (OTC: XSRAY) from “underweight” to “neutral.” XSRAY shares fell 1.28% to close at $4.63 on Friday. More Analyst Ratings here

Analysts at HSBC upgrade Taiwan Semiconductor Mfg Co Ltd (NYSE: TSM) from “neutral” to “overweight.” TSM shares closed at $12.27 yesterday. More Analyst Ratings here

Analysts at HSBC downgrade Akzo Nobel NV (OTC: AKZOY) from “overweight” to “neutral.” AKZOY shares rose 0.56% to close at $68.59 on Friday. More Analyst Ratings here

US stock futures are slightly lower this morning, after previous week's gains. Investors are awaiting the release of President Obama's budget. Futures on the Dow Jones Industrial Average fell 2 points to 12,239.00 and S&P 500 futures dropped 2.20 points to 1,325.80. Nasdaq 100 futures fell 1.25...

Analysts at HSBC downgrade Nokia Corporation (NYSE: NOK) from “neutral” to “underweight.” NOK shares dipped 13.97% to close at $9.36 on Friday. More Analyst Ratings here