Stocks slumped again, with the
S&P 500 Index
(^GSPC) enduring its first four-session losing streak of 2013. Who
did it? Some say
but my money's on Agatha Christie. This as
Death on the Nile
Murder on the
) made for a dreadful double bill in the market. Regarding
Ten Little Indians
, another of Ms. Christie's iconic mysteries, two proved more than
sufficient for mayhem, with
Bombay's main bourse extending its recent swoon
) imploding another 4.58%. The aforementioned events made for a
Three Act Tragedy
in equities, and as for
Five Little Pi(
- to quote the author's 1942 caper - this morning's awful action in
Italy and Spain suggests we are already half way to another hellish
No top-tier economic data due today, but corporate earnings are
expected out of
Barnes & Noble
Dick's Sporting Goods
(APC): Canaccord Genuity covers the energy company at a Buy.
): Shares are begun with a Buy, also at Canaccord.
(ARCC): Sterne Agee covers the equity at a Buy.
(BLMN): The Outback Steakhouse owner is assigned an appropriate
Overweight by Barclays.
(FB): Mark Zuckerberg's recently-resurgent social networking name
is showing further strength ahead of this morning's opening bell
after being named a new Buy at Janney. Its price objective is $50.
John Bean Technologies
(JBT): The diversified machinery firm is a new Speculative Buy at
Global Hunter Securities. The objective is $31 on a stock it sees
(LG): The gas utility gets assigned an Overweight at JPMorgan.
Marlin Midstream Partners
(FISH): The limited partnership is a fresh Outperform at Robert W.
Baird, whose target price is $23. Catalysts include its recurring,
fee-based model in natural gas processing and crude logistics.
(P): B. Riley & Co. picks up the Internet radio outfit at a
Qihoo 360 Technology
(QIHU): Goldman Sachs the Chinese Internet firm at a Neutral.
(CRM): Shares are set an Overweight at First Analysis.
(UPL): Canaccord Genuity has a Hold on the energy outfit.
(WASH): Guggenheim gives the regional financial firm a Buy
recommendation and $38 target price.
(ZNGA): The mobile gaming giant, whose offerings include
Words With Friends
, is started with a Sell at Janney.
Stock Upgrades: Urban Outfitters, Inc. Moves
Stock Downgrades: No Dough at Panera Bread Co