Analyst downgrades 7/28/2010...Cobalt International Energy (NYSE:CIE) downgraded to Sector Performer from Outperform at RBC Capital... Motricity (NASDAQ:MOTR) initiated at Neutral at Goldman Sachs... Spectra Energy Partners (NYSE:SEP) downgraded two notches to Sell from Neutral at UBS... Alcon (NYSE:ACL) downgraded to Market Perform from Outperform at Wells Fargo... ARM Holdings (NASDAQ:ARMH) downgraded to Neutral from Overweight at Piper Jaffray... Capital One Financial (NYSE:COF) initiated at Perform at Oppenheimer... ENSCO International (NYSE:ESV) downgraded two notches to Underweight from Overweight at Morgan Stanley... Global Payments (NYSE:GPN) downgraded to Neutral from Buy at Janney Montgomery... Heidrick & Struggles International (NASDAQ:HSII) downgraded to Neutral from Outperform at RW Baird... Noble (NYSE:NE) downgraded two notches to Underweight from Overweight at Morgan Stanley... Owens & Minor (NYSE:OMI) downgraded to Neutral from Outperform at RW Baird... Patriot Coal (NYSE:PCX) downgraded to Market Perform from Outperform at BMO Capital... PNM Resources (NYSE:PNM) downgraded to Underperform from Hold at Jefferies... Pride International (NYSE:PDE) downgraded to Underweight from Equal Weight at Morgan Stanley...