(INDEXDJX:.DJI) dropped by triple digits with markets seriously
spooked by the prospect, since confirmed, of the first government
shutdown since 1996. Yes, yes, that year saw stocks surge in an
outbreak of "
but when memories aren't long, investors go short. The angst wasn't
confined to this side of the Atlantic as Italians braced for their
62nd government since 1945. This as Reuters reported Silvio
was seen carrying pet dog Dudu
over his shoulder from the car into the house." Dude's crazy like a
fox, so it was probably just his subliminal dog-whistle way of
telling us to buy Hush Puppies owner
Wolverine World Wide
), for the footwear firm bucked a brutal tape to end up 0.57%. (The
country is shaped like a boot, after all.) And Right Said Fred had
it about right when singing, "
I'm too sexy for my shirt
," for intimate apparel outfit
Frederick's of Hollywood
(OTCMKTS:FOHL) surged some 16.67%. Silvio, of course, similarly
knows all about losing that item of clothing
Today in economics, a slippage is seen in both September's
Institute for Supply Management's manufacturing index and August
construction spending, each out at 10:00 a.m. Eastern. In earnings
) are all due to report results.
(ABMD): The medical appliance outfit, up 1.65% in yesterday's down
market, is initiated with a Speculative Buy at The Benchmark
Company. Its Impella offers promise for patients requiring
temporary circulatory support, and the brokerage assigns a price
objective of $25.
(AREX): Brean Capital covers the company at a Buy and sets a $34
(CRR): Shares are a new Neutral at DA Davidson, whose price target
(LBTYA): The cable company is launched with a Buy opinion and $92
target at Jefferies.
(NWSA): Evercore has a new Equal Weight on NWSA. Its price
objective is $18.
(NLSN): NLSN is a new Overweight at JPMorgan, whose target is $43.
(OWW): RBC Capital resumes the online travel titan at Sector
(PCCC): Canaccord Genuity picks the stock up at a Buy and assigns
it an $18 objective.
(SSH): Benchmark has a Speculative Buy and $16 target price on SSH
amid high hopes for its C-Pulse Heart Assist system.
Hat tip to Steven Spielberg for today's headline
.) T.I. shares are surging in today's European trading after
Goldman began bullish Buy-rated research, highlighting the
potential of "a significant positive change in strategy."
Stock Upgrades: On Jimmy's Birthday, Buy
Stock Downgrades: JC Penney Parties Like It's