Shares advanced again, with the
(^IXIC) hitting its highest close since October 2000. That month
the New York Yankees, led by Most Valuable Player Derek Jeter,
defeated the Mets to win the World Series. Mr. Jeter was last seen
slugging it out for the lowly
Scranton/Wilkes-Barre RailRiders in Triple-A
; it was indeed a long time ago. So long ago in fact that
) was a dot-com investor darling. Mind you, the more things change,
the more they stay the same. Marissa Mayer's stock surged 4.51% on
a day sisters showed Mister Market how it was done, for Meg
) rode a
to gain 1.19%. (Virginia Rometty's
International Business Machines
) did drop a
(^DJI)-worst 1.89% on
but, as Meat Loaf memorably opined, Two Out of Three Ain't Bad.)
Elsewhere, Andy Murray sponsor and recently-bombing
Royal Bank of Scotland
) took inspiration from the
country's photobombing politicians
to jump 5.70%. And
quite literally went to the dogs
, declining 1.65% on an otherwise up day in equities.
This morning in economics, May wholesale inventories are expected
to increase from April's amount at 10:00 a.m. Eastern. In earnings
Family Dollar Stores
(YUM) are all due to report results.
(COH) is an Outperform at BMO Capital Markets, which cites an
impressive new executive bench. Meanwhile
(KORS) is covered at Market Perform.
Barnes Group Inc.
(B): The aerospace outfit is initiated with a Buy at Drexel
Baxter International Inc.
(BAX): Credit Suisse covers the medical device maker at Outperform.
Cinemark Holdings Inc.
(CNK): Ascendiant assigns a Buy on the equity.
C.R. Bard, Inc.
(BCR): Shares are set a Neutral at Atlantic Equities.
Freeport-McMoRan Copper & Gold Inc.
(FCX): FCX is a fresh Outperform at Credit Suisse.
: Citigroup begins Buys on
(GOOG), and a recently-resurgent
). It has fresh Neutrals on
(OPEN) is started at a Sell.
Laredo Petroleum Holdings Inc
(LPI): Canaccord Genuity launches Buy-rated research on LPI.
(NFLX): The video-steaming stock, now up 198.09% in the past year
following yesterday's 6.13% surge, is a new Neutral at Citi.
RLJ Entertainment Inc
(RLJE): Roth Capital resumes Buy-rated research on RLJE.
The Gap Inc.
(GPS): Cowen covers the khaki king at Market Perform.
(VPHM): Brean Capital begins Buy-rated coverage on the biotech.
Stock Upgrades: Bubble Wrap Maker Sealed Air Corp Poised
for Nice Pop
Stock Downgrades: Losing Faith in True Religion