That New York newsstand
still displaying magazines, frozen in time, from
the year 2000
may be on to something after all. Last week the
(^IXIC) jumped 3.03% to stand at its highest level since those
heady days of 13 years ago.
), whose acquisition of
) in the first month of the millennium was in retrospect a signal
that the market had lost its mind, is back in favor, judging by
today's bullish analyst initiation.
During the week of May Day, shares enjoyed a Great Leap Forward -
if Chairman Mao will forgive the phrase, with China stocks slumping
to their lowest level of 2013 even as other markets rose worldwide.
) jumped 13.4% after making moves to shore up capital requirements
for Basel III. (
Basil, don't mention World War II
Margaret Thatcher, no fan of the Fatherland as demonstrated in
her famous flag swap
, would not have been thrilled at Thorsten Heins, Teutonic CEO of
), seeing his stock gain 4.1%. But she will have presumably have
been pleased that the advance was propelled by its
stellar sales at an iconic English shop
No top-tier data economic due today, but earnings announcements are
expected out of
(RESI): The stock gets picked up with an Overweight at Piper
): Cowen covers the company at Outperform.
(BSFT): Deutsche Bank has a Hold on the shares.
(CMRX): The biopharmaceutical firm is a fresh Buy at Lazard.
): The underwear maker, whose other brands include barely there,
Champion, L'eggs, Playtex, and Wonderbra, is assigned a bullish
Outperform with Wells Fargo. A recent
saw shares reach a fresh 52-week peak last week.
(HOG): Morgan Stanley establishes an Overweight on the motorcycle
Howard Hughes Corporation
(HHC): JMP Securities has a Market Perform on HHC, with a recent
breakout to historic highs leaving current upside potential
KNOT Offshore Partners
(KNOP): Bank of America-Merrill Lynch launches Buy rated research
on the limited partnership.
(GASS): Evercore gives GASS an Overweight rating.
(UNH): The latest addition to the
(^DJI) is a new Overweight at JPMorgan.
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