In the wake of the Fed's good ship QE sailing off into infinity,
equities ended mostly underwater in a remarkably becalmed session,
yacht-owing Larry Ellison
, and the
$920 million London Whale
) all kept the life aquatic interesting for investors. (Wait,
what's that you say? QE is not a ship that
today celebrates an important anniversary
?) Despite a 13.86% plunge in Pier, and Oracle offering up a
decidedly iffy earnings outlook, there were still some notable
winners. Among them
), with the outfitter of "big and tall guys" advancing 2.76% after
. Alas, the market decided to simultaneously short
Dr Pepper Snapple
), home of
5'2″ spokeswoman Wendy Kaufman
. It ended off 0.65% on a
No top-tier economic data due today - a
singularly awful one in stock market history
- but Olive Garden owner
(DRI) releases results. It's also a "
" Friday, and they rarely lack action. (This phenomenon is not to
be mistaken for the quartet of Fed officials addressing audiences
this afternoon, in the form of Esther George (12:30 p.m. Eastern),
Daniel Tarullo (12:40 p.m.), James Bullard (12:55 p.m.), and
Narayana Kocherlakota (1:45 p.m.)
Allied World Assurance
(AWH): Shares are initiated with a Perform at Keefe Bruyette, whose
price objective is $103.
(BXS): Shares are a new Hold at MLV & Co.
(XONE): The stock is an Outperform at FBR Capital, whose target
price is $75 as it says the sand and metal market could provide a
boost to the company.
Financial Information Providers:
Goldman Sachs starts Sells on
Dun & Bradstreet
(TRI) are all new Neutrals.
International Business Machines
(IBM): Cantor covers the key
(INDEXDJX:.DJI) component at a Buy.
Large Cap Banks:
SociÃ©tÃ© GÃ©nÃ©rale has lukewarm Holds on Dow member
), bedeviled by the "London Whale," and
(MGI): The stock is initiated with an Equal Weight at Evercore.
(NPSP): JPMorgan has a new Overweight and $40 price objective.
Stock Upgrades: Ryanair Starts the Party Way Before
Arriving in Ibiza
Stock Downgrades: Clorox Taken to the Cleaners