New Stock Coverage: Going Nowhere Ahead of Labor Day


Dow Industrials (INDEXDJX:.DJI) again brushed off the threat of war, if not Warhol, whose Campbell Soup ( CPB ) plunged 3.09% as its principal product proved a tough sell in August. TiVo Inc. ( TIVO ) gained 2.59% to continue its post-earnings bounce. The company came of age almost a decade ago with an infamous " clothing calamity " which now seems positively quaint compared to Miley Cyrus' recent scantily-clad antics . The Nashville native clearly inspired a similar wardrobe malfunction in apparel outfit Genesco ( GCO ), also based in Music City. It nose-dived an NYSE-worst 9.07%. Elsewhere those rotten tomatoes currently spoiling on the streets of Spain were flung at a shunned Fresh Market ( TFM ), which imploded 11.55%. And a new study said poverty saps brain power . But you don't need to be an Einstein ( BAGL ) - down 3.17% - to know that.

Today in economics, this month's Chicago Purchasing Managers' Index is out at 9:45 a.m. Eastern, followed by the University of Michigan's final figure for August consumer confidence at 9:55 a.m. On the earnings front, Big Lots (BIG), Hermès International (OTCMKTS:HESAY), ReneSola (SOL), Sears Hometown and Outlet Stores (SHOS), and Yingli Green Energy (YGE) are all due to report results.

Arlington Asset Investment Corp (AI): JMP Securities starts the mortgage investment firm at a Market Perform.

Chinese Internet Stocks : JPMorgan assigns Overweights on Phoenix New Media Ltd (FENG), Qihoo 360 Technology Co Ltd (QIHU) ($94 price objective), SouFun Holdings Limited (SFUN), and YY Inc (YY). International (CTRP): The Shanghai-based travel and lodging stock is launched with a lukewarm Neutral at JPMorgan.

Hornbeck Offshore Services, Inc. (HOS): The oil and gas outfit gets initiated with an Overweight at JP Morgan.

Liberty Global (LBTYA): Credit Suisse covers the cable company at Outperform.

Monolithic Power Systems, Inc. (MPWR): The specialized semiconductor stock is started with an Outperform at William Blair.

(See also: Stock Upgrades: Splunk Looks Like a Slam Dunk and Stock Downgrades: Staples Still the 'Bain' of Investors Lives )

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.

This article appears in: Investing , Stocks

Referenced Stocks: BAGL , CPB , GCO , TFM , TIVO



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