Speaking at All Things Digital’s D9 conference last night, Eric Schmidt said the social problem Google is grappling with today is largely his fault. He said he recently looked up memos he wrote four years ago about Google needing to address online identity. “I clearly knew that I had to do something, and I failed to do it,” he said. “A CEO should take responsibility....

Raymond James downgraded shares of GSI Commerce (GSIC), a provider of e-commerce and interactive marketing services to businesses, from an “outperform” rating to a “market perform” rating. Goldman Sachs downgraded shares of Jones Apparel Group Inc. (JNY) from a “neutral” rating to a “sell” rating. They now have a $11.00 price target on the stock, down previously...

Lazard Capital downgraded shares of Savient Pharmaceuticals Inc. (SVNT) from a “buy” rating to a “neutral” rating, JPMorgan Chase & Co. (JPM) downgraded shares of Savient Pharmaceuticals Inc. from an “overweight” rating to a “neutral” rating as well. Zacks Investment Research upgraded shares of Sinovac Biotech Ltd. (SVA) from an “underperform” rating...

Abercrombie & Fitch [[ANF]] downgraded to Sell from Hold, $29 target, at Brean Murray… AsiaInfo Holdings [[ASIA]] upgraded to Conviction Buy, $31 target, at Goldman… BP plc [[ BP]] upgraded to Buy, $66.15 target, at BofA/Merrill Lynch… Basic Energy [[BAS]] downgraded to Hold from Buy, $10 target, at Jefferies… Berkshire Hathaway [[BRK.A]] downgraded...

3M Company [[MMM]] upgraded to Outperform from Market Perform at Bernstein… ABB Ltd [[ABB]] upgraded to Buy at Deutsche Bank… Abercrombie & Fitch [[ANF]] upgraded to Outperform from Perform, $46 target, at Oppenheimer… Boston Scientific [[BSX]] downgraded to Hold from Buy, $8.50 target, at Deutsche Bank… Cablevision Systems [[CVC]] upgraded...

AK Steel [[AKS]] downgraded to Hold from Buy, $24 target, at Deutsche Bank… Apartment Investment [[AIV]] upgraded to Hold from Sell at Deutsche Bank… ARM Holdings [[ARMH]] downgraded to Hold at Citi… Bare Escentuals [[BARE]] downgraded to Neutral, $18.20 target, at Piper Jaffray… Baxter [[BAX]] downgraded to Hold from Buy, $63 target, at Citigroup… Burger...