June 13 was the birthday not only of history's greatest
but also an iconic English
. Yet both would have been dumbfounded by the market's latest
Only twenty-four hours after shares slumped amid ominous talk about
, stocks bounced back spectacularly to score their second best day
of all 2013. Its first gain of the week took the
(^DJI) back above 15,000, although there were still some notable
), whose founder once famously took a
pie in the eye
, was the poorest performing blue chip in ending off 0.81%.
Meanwhile Rupert Murdoch filed for divorce from his wife, who once
fended off a pie aimed his way
. Amid such matrimonial woe, little wonder wedding band behemoth
Tiffany & Co.
) tumbled 1.72%, its stock now arguably
as big a steal
as today's big movie opening,
The Bling Ring
And perfume stock
) - whose Lady Gaga fragrance was described by the pop star as
having the aroma of "
an expensive hooker
" - stopped making cents, falling 14 pennies in its
much-anticipated market debut.
Today in economics, June's Thomson Reuters/University of Michigan
consumer sentiment index will be released at9:55 a.m. EDT . (Or
9:54:58 a.m. EDT, if you are among the
few to get it two seconds early
.) On the corporate front,
(SFD) report results.
Air Products & Chemicals, Inc
(APD): Shares are established with an Outperform at Raymond James.
Anheuser-Busch InBev NV
(BUD): JPMorgan begins the brewing behemoth at a bullish
Automatic Data Processing Inc.
(ADP): The stock is initiated with an Outperform at Raymond James.
Auxilium Pharmaceuticals, Inc.
(AUXL): Shares are assigned a Buy rating and $28 price objective at
Mizuho, which sees FDA (Food and Drug Administration) approval of
Xiaflex to treat Peyronie's in September, after which a robust roll
out is anticipated.
: Jefferies has a Hold on
Lloyds Banking Group PLC
(LYG) and resumes Buy-rated research on
Royal Bank of Scotland Group plc
Freeport-McMoRan Copper & Gold Inc.
(FCX): The commodity company is a fresh Outperform at Credit
NewLink Genetics Corp
(NLNK): Jefferies has a new Buy on NLNK.
MB Financial, Inc.
(MBFI): The stock is initiated with a Buy and $30 objective at DA
Davidson, which highlights strong capital and profitability
(PX): Raymond James picks up the chemical company at a Strong Buy.
The Ensign Group, Inc.
(ENSG): Cantor Fitzgerald covers the long-term care company at a
Buy amid good acquisition growth and new market penetration. Its
target price is $40.
Stock Upgrades: Groupon Inc Is Today's Deal of the
Stock Downgrades: E I Du Pont De Nemours and Co Loses
That Teflon Touch