Today's noteworthy downgrades include: American Campus (ACC) downgraded to Sell from Neutral at Goldman... Associated British Foods (ASBFY) downgraded to Sell from Buy at Goldman... Delta Lloyd (DLLLY) downgraded to Neutral from Outperform at Credit Suisse... Education Realty (EDR) downgraded to Sell from Neutral at Goldman... First Business Financial (FBIZ) downgraded to Hold from Buy at Sandler O'Neill... FirstService (FSV) downgraded to Neutral from Buy at Sidoti... Kinder Morgan (KMI) downgraded to Hold from Buy at Argus... Mattson (MTSN) downgraded to Neutral from Buy at B. Riley... NCR Corp. (NCR) downgraded to Perform from Outperform at Oppenheimer... PerkinElmer (PKI) downgraded to Neutral from Outperform at Wedbush... Travelers (TRV) downgraded to Neutral from Buy at BofA/Merrill... Unum Group (UNM) downgraded to Neutral from Buy at BofA/Merrill... Verint (VRNT) downgraded to Neutral from Outperform at Credit Suisse... Weatherford (WFT) downgraded to Equal Weight from Overweight at Stephens... Zafgen (ZFGN) downgraded to Neutral from Buy at SunTrust.

Reports Q1 revenue $1.158B, consensus $1.13B. "We are pleased with the first quarter, as our operations delivered solid results in-line with our expectations," said Scott Patterson, Chief Executive Officer of FirstService. "We are confident in hitting our performance targets for the year, supported by the underlying indicators across our businesses," he concluded.