The World Series is over, but Beantown and St. Louis continue
hitting home runs for US stocks. Markets rose again, inspired by an
2.39% rise in
) and favorable comments from Show-Me State Fed head James Bullard,
sending some ale Sam Malone's way after losing his
. It was a tale of two Teutons as
) Klaus Kleinfeld saw his stock, recently booted from the
(INDEXDJX:.DJI), surge some 7.01%. This as
) bid Thorsten Heins adieu by shaving 16.41% off his
exorbitant-enough exit package. Over in Germany itself, a
hoarder's paradise revealed an astonishing treasure
trove of Nazi-looted art
. With clutter apparently in again - a new cartoon in
The New Yorker
suggested organization is overrated
) - up 101.11% on its Friday debut - fell back down to earth with a
2.35% tumble. And stock in banana behemoth
) slumped 1.61%. If you think that was scary, then
along came a spider
In terms of events that may move US markets this morning, today at
10:00 a.m. Eastern, economists call for a fall in The Institute for
Supply Management's September services index. Regarding specific
stocks, expect quarterly earnings announcements out of
Twenty-First Century Fox
Advertising & Media
: FBR Capital has Market Performs on
(NWSA), assigning respective price objectives of $49 and $18.50. It
establishes Outperforms on
(LAMR) ($57 target price), and
(KOF): Barclays begins the Mexican bottler at an Equal Weight. Its
objective is $140.
(FDS): Financial information provider FDS is a fresh Equal Weight
at Barclays, whose target is $115.
(HBHC): Evercore has an Equal Weight on HBHC.
(LPTN): The small cap gets launched with a Buy and $13 target MLV
& Co, which says its potential wet Macular Degeneration
treatment iSONEP has promise.
New York Times
(NYT): The New York Times stock is a new Outperform ($13 target) at
FBR Capital. The New York Times' successful digital subscription
model and revenue stream are somewhat mitigated by paywall issues,
in the bank's view.
(RGC): Regal Entertainment is initiated with a Market Perform at
FBR Capital. Over the past year, stock in Regal Entertainment has
returned roughly 23%.
(SPN): Shares are begun with a Buy at Deutsche Bank.
(TRI): The stock is an Equal Weight at Barclays, whose target is
TV Shopping Sector
: FBR Capital has a Market Perform and $58 target price on Home
Shopping Network pioneer
(HSNI). It is more optimistic on
(LVNTA), initiated with an Outperform and $140 objective.
, whose highly anticipated initial public offering is almost upon
us, is initiated with a Buy at CRT Capital. Twitter recently
increased the top end of its expected IPO range to $25 per share.
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