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12:35 pm Hill International receives task order from LACCD

Co announced that it has received a contract from the Los Angeles Community College District (LACCD) to provide project management, construction management and other specialty professional services on a task-order basis in support of LACCD's bond program. Hill's contract is one of ten awarded on a task-order basis the budget for which, in the aggregate for all ten contracts, is $82.9 million over the next five years.

9:14 am Silicom Limited downgrade details; cut to Hold at Needham

Needham downgrades SILC to Hold from Buy, noting it will likely take 3-4 quarters to churn through these issues. Firm says the weak results, the lowered guidance, the loss of a major contract with their largest customer, and the long time line to offsetting these pressures suggests the shares of Silicom are likely to tread water for the remainder of CY14.

9:13 am Solitario Resources initiated with a Buy at H.C. Wainwright; tgt $1.80

H.C. Wainwright initiates XPL with a Buy and price target of $1.80. Solitario Exploration & Royalty is a US based exploration company with two primary assets: the Mt. Hamilton gold project in Nevada, and the Bongar zinc project located in Peru. Solitario currently owns 80% of the Mt. Hamilton Project, and is expected to retain a 30% carried interest in the Bongar Project, provided certain milestones are met by its joint venture partner, Votorantim. 

9:13 am McDonald's downgrade details -- to Neutral at Robert W. Baird; tgt lowered to $98

Robert W. Baird downgraded MCD to Neutral from Outperform and lowered their tgt to $98 from $104. Following a challenging Q2 report, firm believes path to restoring positive operating trends will be more difficult than anticipated. Although the downside risk in the stock seems limited at current valuation metrics, firm sees few catalysts on the NT horizon. Firm would look to return to a constructive near-term stance as MCD demonstrates ability to drive better absolute/relative comps on a sustained basis.

9:13 am EQT Midstream Partners target raised to $109 at Oppenheimer

Oppenheimer raises their EQM tgt to $109 from $84 EQM has continued its very consistent outperformance in 2014, up 61% vs. the AMZ's 12%. Despite this, we continue to anticipate attractive total returns as EQM continues to execute its relatively low-risk business plan. EQM has three distinct drivers of best-in-class distribution growth: 1) increasing utilization of existing assets, 2) building new assets, and 3) dropdown acquisitions from parent/sponsor/GP EQT Corporation. It remains on their top picks list alongside ENLK and OKE.

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