Today's noteworthy upgrades include: BankUnited (BKU) upgraded to Overweight from Neutral at JPMorgan... ConAgra (CAG) upgraded to Neutral at BofA/Merrill... Continental AG (CTTAY) upgraded to Neutral from Underperform at Exane BNP Paribas... Credit Suisse (CS) upgraded to Overweight from Equal Weight at Morgan Stanley... Harsco (HSC) upgraded to Buy from Hold at Jefferies... InterContinental (IHG) upgraded to Buy from Neutral at MKM Partners... Monogram Residential Trust (MORE) upgraded to Overweight from Equal Weight at Morgan Stanley... Onconova (ONTX) upgraded to Overweight from Neutral at Piper Jaffray... Pinnacle West (PNW) upgraded to Outperform from Neutral at Credit Suisse... Repsol (REPYY) upgraded to Overweight from Equal Weight at Morgan Stanley... Schnitzer Steel (SCHN) upgraded to Buy from Underperform at BofA/Merrill... Southwest (LUV) upgraded to Buy from Neutral at Buckingham... Stanley Black & Decker (SWK) upgraded to Buy from Neutral at Longbow... Valley National (VLY) upgraded to Neutral from Underweight at JPMorgan... VimpelCom (VIP) upgraded to Buy from Neutral at BofA/Merrill... Willis Group (WSH) upgraded to Buy from Neutral at BofA/Merrill... Windstream (WIN) upgraded to Equal Weight on valuation at Morgan Stanley... adidas (ADDYY) upgraded to Buy at UBS.

Says majority of Boeing (BA) capacity cuts expected to take place early in the year.

Says saw nice acceleration in managed business revenues in Q1. Says continued streak of "solid" operations performance in Q1. Says eliminating service in Syracuse, Cozumel, Bellingham, and Houston. Says reducing flights in Atlanta and Chicago. Comments taken from Q1 earnings conference call.

Check out this morning's top movers from around Wall Street, compiled by The Fly.  UP AFTER EARNINGS... To see the rest of the story go to thefly.com. See Story Here

Notable companies reporting before tomorrow's open, with earnings consensus, include Merck (MRK), consensus $1.87... Caterpillar (CAT), consensus $5.14... Comcast (CMSCA), consensus 99c... Honeywell (HON), consensus $2.17... Bristol-Myers (BMY), consensus ($4.44)... Altria (MO), consensus $1.15... Keurig Dr. Pepper (KDP), consensus 35c... GE Vernova (GEV), consensus (37c)... Royal Caribbean (RCL), consensus $1.33... Tractor Supply (TSCO), consensus $1.72... Mobileye (MBLY), consensus (6c)... Textron (TXT), consensus $1.23... LabCorp (LH), consensus $3.48... Southwest Airlines (LUV), consensus (34c)... American Airlines (AAL), consensus (29c)... Harley-Davidson (HOG), consensus $1.51.