A bearded Brooklyn hipster helped send stocks up again,
the dude in question is 77
, some say this bull market is now a little long in the tooth. The
S&P 500 Index
(INDEXSP:.INX) advanced as Uncle Carl's agitation at
) saw it gain 1.32%. Not to be outdone, Bronx born Lloyd Blankfein
- another senior citizen
proudly sporting designer stubble
- laughed all the way to the bank with an
1.41% increase in
). Among other noteworthy names,
) sank 47.16% after being called a
"massive fraud" by Muddy Waters
. Fannie Mae, whose
name was literally Mudd
during the housing crisis, continues to cause problems for
Bank of America
), which ended off 0.28% after its countrywide unit was
found liable for defrauding the firm
. And a
) up all of $0.05. That and a nickel will
buy you a $1 billion facelift
Today in economics, at 9:55 a.m. Eastern the University of
Michigan's final figure for October consumer confidence is forecast
to slip ever so slightly from its preliminary reading earlier in
the month. On the corporate front, a frenetic first full week for
quarterly earnings announcements finishes with
Procter & Gamble
United Parcel Service
(UPS) all due to release results.
(ALK): ALK is initiated with a Outperform assessment and $83 price
objective at Cowen, which cites its impressive best balance sheet
and shareholder-friendly capital return policy.
(DTV) is a Market Perform ($63 target price) at FBR Capital, which
(DISH) Underperform ($40 target) amid its relative dearth of
wireless space options.
: Citigroup has a new Neutral on
(MYL) but begins
(TEVA) with a Buy rating and $47 objective.
(HASI): RBC Capital has a Sector Perform on HASI.
(NFLX): NFLX is a new Market Perform at FBR Capital
(TIVO): FBR Capital has a fresh Market Perform on the stock.
(DIS): (Hat-tip to a
fine Peter Sellers film
for today's title.) The Mouse House, a key
(INDEXDJX:.DJI) component, is assigned an upbeat at Outperform at
Stock Upgrades: DuPont Regains Its Teflon Touch
Stock Downgrades: Cash Registers Stop Ringing at NCR