Today's noteworthy downgrades include: American Eagle (AEO) downgraded to Market Perform from Outperform at BMO Capital...Frontier Communications (FTR) downgraded to Sell from Neutral at Goldman...JetBlue (JBLU) downgraded to Sell from Neutral at Goldman...Coca-Cola Enterprises (CCE) downgraded to Underperform from Outperform at CLSA...Tranzyme (TZYM) downgraded to Hold from Buy at Canaccord and to Market Perform from Outperform at BMO Capital...DryShips (DRYS) downgraded to Neutral from Buy at Global Hunter...Xstrata (XSRAY) downgraded to Sector Perform from Outperform at RBC Capital.
Stocks are trading in slightly negative territory ahead of the most highly anticipated Federal Reserve meeting …