(^GSPC) hit yet another historic high, but let's face it --
yesterday's closing bell couldn't compete with a
town crier's chimes across the Atlantic
announcing a regal birth. (The Feds are surely already
investigating suspiciously-timed surges in
), up 11.11%, and
), a 12.15% gainer.) As a future king arrived on the scene, Mr.
Mervyn appropriately enough became
King for a day in the House of Lords
, adding to the feel-good factor. Horse racing is, of course,
called "the sport of kings," and the English woman who recently
allowed her mare to
) offered an eerily accurate assessment of their awful earnings.
Shares tumbled a
(^DJI)-worst 2.68%, with investors opting to sell only after the
unfortunate animal had bolted.
Britons love of our furry friends is legendary
, and probably propelled a 13.63% increase in
) to a fresh 52-week peak. Meanwhile
dog of the Dow
, returned to the catbird seat on Monday, advancing 1.94% to best
all blue chips.
A quite quiet week in economics continues, with no top-tier data
due this morning. By contrast, this is the single busiest spell for
Q2 earnings announcements, with
Discover Financial Services
United Parcel Service
(UTX) all among companies reporting results today.
(AET): Saying it sees the stock as a lower risk, higher reward
investment among its managed care industry peers for the first full
year of the Affordable Care Act, Stifel starts Buy-rated research.
Its price objective is $80.
(AMAT): Berenberg has a Hold on the tech name.
(BSFT): BSFT is begun with a Market Perform at Wells Fargo.
Buffalo Wild Wings
(BWLD): The fast food firm is a fresh Buy with Wunderlich, whose
price target is $117. Over the past half decade, the company has
averaged impressive annual earnings per share growth of 23%.
(CHTR): Credit Suisse establishes an Outperform on CHTR.
(COTY): COTY is covered at Overweight by JPMorgan.
(GBNK): Shares are resumed with a Perform rating and $13.50 target
price at FBR Capital, which notes a low interest rate environment
could cap potential gains.
(LRCX): RBC Capital covers the company at Outperform.
Noodles & Co
(NDLS): The recent initial public offering, on a
rocket to the moon of late
, is today assigned a lukewarm outlook at Bank of America-Merrill
Lynch (Neutral), Jefferies (Hold), Morgan Stanley (Equal-Weight),
and UBS (Neutral.) By contrast, Piper Jaffray (Overweight) and
Robert W. Baird (Outperform with a $50 objective) are more upbeat.
(RNA): Leerink Swann launches coverage at Outperform.
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