Stocks were doing swimmingly before embarking upon a sudden road
to Damascus U-turn on, well, the road to Damascus. Syrian worries
allied to debt ceiling concerns here at home saw the
(INDEXDJX:.DJI) reverse a prior 39-point gain to end down 64. Bill
Ackman wrote only one week ago that "the story of our investment in
) is not over yet" but
you don't mess with Mick Jagger
, and the retailer imploded 1.11% as a hedge fund honcho
finally said no to an expensive steak
. Adding to a
torrid time for Tysons
) tumbled an
(INDEXSP:.INX) worst 7.34% after
receiving a ratings reduction
. In his prime of course,
the boxer made himself heard in singular fashion
and "Friends, Romans, countrymen, lend me your ears" proved
), which jumped 5.69% amid the downdraft. Van Gogh didn't have an
extra ear to lend, alas, but he did hear money talk when his
'Irises' sold for $53.9 million at
) in Wall Street's frightful fall of 1987. Yesterday the auction
house gained 2.99% as billionaire Dan Loeb demonstrated his
hitherto-unknown love for starving artists.
Today's economic data includes August consumer sentiment from The
Conference Board at 10:00 a.m. Eastern, with consensus calling for
a fall from the prior month's pace. In earnings action,
Bank of Montreal
(WDAY) are all due to report results.
Athlon Energy Inc
(ATHL): Bank of America-Merrill Lynch and Goldman Sachs both launch
the oil and gas operator at a Neutral.
Avago Technologies Ltd
(AVGO): Shares are assigned a Market Perform at JMP Securities.
Carrizo Oil & Gas, Inc.
(CRZO): Hailing its geographical diversity, Northland Capital overs
the company with an Outperform recommendation and $43 target price.
(CTRL): The diversified electronics company is covered with a Buy
at Bank of America-Merrill.
(DTV): On the eve of the new National Football League season, the
satellite broadcaster whose offerings include
NFL Sunday Ticket
is resumed with an Outperform at Raymond James.
DISH Network Corp
(DISH): Raymond James rolls out Underperform-rated coverage.
(FMC): Piper Jaffray picks the equity up at Overweight.
(ICE): The exchange operator is established at an Outperform with
Marrone Bio Innovations Inc
(MBII): Jefferies covers the agricultural chemicals company at a
Buy and Piper Jaffray assigns an equally upbeat Overweight.
Peregrine Semiconductor Corp
(PSMI): The stock is picked up at Outperform by JMP Securities,
whose price objective is $15.
(SRPT): Citigroup starts Neutral-rated research on the biotech,
which surged 4.16% in yesterday's down market.
Wabash National Corporation
(WNC): The regional financial firm is a fresh Buy at Stifel.
Stock Upgrades: Hugh Grant Eyes Hollywood Ending at
Stock Downgrades: ThyssenKrupp No Longer Such a