Stocks suffered serious misfortune by the end of a week that
began with a
man named Goodluck ringing the closing bell
, according to
's erroneous newspaper of record, whose miserable time of it was
compounded when its archrival the
New York Times
) surged some 7.29%.) With the
S&P 500 Index
(INDEXSP:.INX) having now slumped in six of the past seven
sessions, financials fared particularly poorly.
), in its first week as a
(INDEXDJX:.DJI) component, propped up that entire index in falling
5.8%. This as
Dominique Strauss-Kahn reduced the reputation of
investment bankers even further
in the public's estimation, assuming that was possible.
Robin Williams returned to our screens as a Madison Avenue
The Crazy Ones
, which you'd have to be in order to make the recent performance of
hedge funds, now allowed to advertise
, look good. Speaking of hedgies,
and his new favorite frenemy
are apparently the only people in America still writing letters,
which explains the
sorry state of the Post Office
Today in economics, analysts expect an uptick in September's
Purchasing Managers' Index at 9:45 a.m Eastern. On the corporate
(PKE) are all due to release quarterly results.
(CHS): Barclays covers the clothing company with an Equal Weight
rating and $19 price objective.
(CONE): Evercore assigns an Overweight on the Real Estate
Investment Trust. Its target price is $24.
EQT Midstream Partners
(EQM): The limited partnership gets launched with a Buy at Goldman
(MKTO): The application software outfit is initiated at an
Outperform with Wells Fargo.
(NTES): BNP Paribas begins Buy-rated research on NTES.
(NEE): UBS has a new Neutral on the electric utility.
(PVR): Shares are picked up with a Buy at Citigroup.
(SYN): Maxim Group assigns a Buy rating and $3 target on the
micro-cap, citing its principal product Trimesta to treat
relapsing-remitting multiple sclerosis (RRMS) in women.
Stock Upgrades: Buy Smucker Ahead of Washington
Stock Downgrades: Panera, Done Breaking Bread, Now