This year, The Fall arrived 24-hours before the
start of summer
. Stocks slumped, with the
(^DJI) enduring its worst one-day point decline since November 2011
on fears the Fed is about to turn off its monetary spigot.
Hiding in plain sight amid homegrown worries, however, is a
widening worldwide wall of woe. Chinese factory activity falling to
a nine-month low should give investors everywhere pregnant pause.
An 11.48% implosion in Brazilian air carrier
GOL Linhas Aereas Inteligentes
) is symptomatic of the current capital flight from that similarly
lest anyone think
Athens anxieties have suddenly gone away -
), a stock that symbolically links the continent, tumbled 12%.
Adding to the angst, this is a quadruple witching Friday. Clearly
anticipating untold "double, double, toil, and trouble,"
) slumped 5.91%.
No top-tier economic data due today, but quarterly earnings
announcements are expected out of
(DRI) are all due to release results.
Antares Pharma Inc
(ATRS): Shares are picked up with an Outperform at Oppenheimer,
whose target price is $6.
Burger King Holdings, Inc.
(BKW): Wells Fargo covers the company, recently trading at
post-initial public offering peaks, at a Market Perform.
Cimarex Energy Co
(XEC): Bank of America-Merrill Lynch launches Neutral-rated
Darling International Inc.
(DAR): The waste management outfit is begun with a bullish
Outperform at Wedbush.
(IT): Stifel starts the stock at a Buy.
Intercept Pharmaceuticals Inc
(ICPT): Oppenheimer has an Outperform opinion and $60 price
objective on a company it calls an emerging player in the treatment
of liver diseases.
Ironwood Pharmaceuticals, Inc.
(IRWD): Credit Suisse assigns an Outperform on IRWD.
(MKGAY): The German company - a separate entity from America's
Merck & Co., Inc.
(MRK) - gets started with a Sell at Goldman Sachs.
Exxon Mobil Corporation
(XOM) are each established with Outperforms at Wells.
Palatin Technologies, Inc.
(PTN): Piper Jaffray picks PTN up at an Overweight.
Renewable Energy Group Inc
(REGI): REGI is resumed with an Outperform at Wedbush.
The Wendy's Co
(WEN): The fast food firm is a fresh Market Perform with Wells
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