Kicking a guy when he's down is a time-honored Wall Street tradition.

Thus, no surprise that J.P. Morgan analyst Philip Cusick this morning resume coverage of AT&T this morning with a Neutral ratting and $31 target, down from a previous Overweight rating and $33. (Actually, Cusick most recently had suspended

Among the earnings stories for Tuesday, Dec. 20, from AP Business News:

— Food maker ConAgra Foods reported that its fiscal second quarter net income fell 15 percent, but results beat expectations as the company raised prices to offset continuing higher prices.

— General Mills, the maker of Cheerios cereal, Nature Valley granola and Hamburger Helper, said its net income fell 28 percent during the second quarter as revenue gains could not keep pace with rising costs.