During the first quarter, world-renowned hedge fund manager, David Einhorn of Greenlight Capital sold his entire stake in Capitol Federal Financial (CFFN), Flagstar Bancorp (FBC), Health Management Associates (HMA), Health Net (HNT), Potash (POT), Everest Re (RE) and Verigy (VRGY). These stocks lost 4.7% since the end of March, vs. a loss of 2.7% for the SPY. He also reduced...

Amdocs [[DOX]] upgraded to Buy from Neutral at BofA/Merrill… Allied Irish Bank [[AIB]] downgraded to Sell at RBS… Arch Coal [[ACI]] downgraded to Sell from Hold, $22 target, at Citigroup… Andersons [[ANDE]] upgraded to Overweight from Equal Weight at Stephens… Applied Industrial [[AIT]] upgraded to Overweight from Equal Weight, $29 target, at Stephens… Atlas...

Amdocs [[DOX]] upgraded to Buy from Neutral at Goldman… Aruba Networks [[ARUN]] upgraded to Buy from Neutral at Goldman… ASML Holdings [[ASML]] upgraded and price target raised to $50 from $18 at FBR… AvalonBay Communities [[AVB]] upgraded to Hold from Underweight at KeyBanc… Barclays [[BCS]] upgraded to Buy at Citi… BP plc [[BP]] upgraded...