Ctrip (CTRP) shares are down sharply on a Sina.com report that the 3 leading domestic airlines in China – China Eastern, China Southern and Air China – have cut the commission rates paid to travel agencies for certain domestic flights. The cuts reportedly affect flights from Shanghai and Beijing.
Goldman Sachs [...]

Article courtesy of BARRONS.com: Tech Trader Daily

Goldman Sachs, which this morning stated coverage of the solar sector, also launched coverage on a trio of electric vehicle battery plays.
Analyst Mark Wienkes has a Neutral view on the group as a whole. “We find more realistic growth expectations have reconciled with valuation multiples to reflect what we expect [...]

Article courtesy of BARRONS.com: Tech Trader Daily

Goldman Sachs analyst Mark Wienkes this morning launched coverage of the solar sector with a Neutral rating on the group; among U.S.-based companies, his best Buy idea is First Solar (FSLR), while he cites MEMC Electronic Materials (WFR) as his best Sell idea.
“We initiate coverage of the U.S. solar industry [...]

Article courtesy of BARRONS.com: Tech Trader Daily

$$$ Detection Dogs? Hunting Bedbugs Goldman Sachs ‘Mystery’ [Post Chronicle]

$$$ Medvedev Sees Risks for BP, Euro [WSJ]

$$$ Katie Benner: S&P president: credit ratings matter, shouldn’t be mandatory [Fortune]

$$$ Charlie Gasparino: BP Bond Deal Would Be Difficult [FBN]

Article courtesy of Dealbreaker

Goldman Sachs analyst Kathy Chen this morning cut her rating on Shanda Interactive (SNDA) to Neutral from Sell, citing the recent strong performance of the stock, driving the stock to a premium to her sum-of-the-parts valuation of $39 a share.
Chen also notes that Ku6, a video site in which the [...]

Article courtesy of BARRONS.com: Tech Trader Daily

Goldman Sachs analyst Derek Bingham this morning cut his rating on CA (CA) to Sell from Neutral, while moving Tibco (TIBX) to Neutral from Sell.

For CA, Bingham trims his March 2011 fiscal year non-GAAP EPS to $1.87, from $1.90; for FY 2012 he goes to $2.02, from $2.04; the cuts [...]

Article courtesy of BARRONS.com: Tech Trader Daily

From the mailbag: “2 analysts at Citi were iced. No pics but let’s give them a hand for stepping up to the plate.”

Related: Goldman Sachs Not Only Wall Street Firm To Get In On Icing Phenom

Article courtesy of Dealbreaker

Shares of Brocade Communications (BRCD) are tumbling in the wake of last night’s first-quarter revenue miss. Today both Goldman Sachs and S&P Equity Research downgraded shares of the data center play.
Goldman Sachs analyst Min Park lowered the stock to Neutral from Buy and cut Brocade’s price target to $6.50 from [...]

Article courtesy of BARRONS.com: Tech Trader Daily

Goldman Sachs analyst Craig Hettenbach this morning raised his rating on Ingram Micro (IM), while lifting his target on the IT products distributor’s shares to $24, from $20.
“We continue to be bullish on the hardware refresh cycle through 2011,” he writes, asserting Ingram is “the best positioned volume distributor to [...]

Article courtesy of BARRONS.com: Tech Trader Daily

Goldman Sachs analyst James Mitchell this morning removed Google (GOOG) from the firm’s Conviction Buy list, “due to recent underperformance following in-line Q1 results.” But he maintains his Buy rating on the shares, asserting that they “are attractive” at around 16x his 2011 EPS forecast of $33.92. He maintains his [...]

Article courtesy of BARRONS.com: Tech Trader Daily