got very rich in the Northeast yesterday
, but it wasn't anywhere on Wall Street, where stocks slumped for a
third straight session on more taper talk. The imminent end of
policy "accommodation" from the Fed failed to keep an
iconic hotel chain from the free market
, nor prove a problem for the
), which surged 22.05% in its best day for more than four years.
Most other equities suffered mightily, however.
One was indeed the loneliest number as
slices up Singles
, tumbled 2.65% and
Green Mountain Coffee
), home of the single serve K-cup, gave back 2.53% before falling
further after-hours. Elsewhere
), whose millennial march down the aisle was the most catastrophic
corporate marriage in history, each reported impressive earnings
after going their own way. Meanwhile
The Lone Ranger
and his trusty sidekick Tonto are surely heading for a
sky-high expenses for the Johnny Depp box office
(DIS) to drop a
Today's corporate earnings announcements are expected to include
Lions Gate Entertainment
(LGF), NestlÃ© (NSRGY), Noodles &
Athletic Apparel: Nike Inc
(NKE), recently trading at historic highs, is a new Outperform with
Wells Fargo. Meanwhile
(UA) gets assigned a Market Perform.
(COTY): The fragrance firm, a relatively recent initial public
offering, is a new Neutral at Citigroup.
(ENDP): Citigroup begins Buy-rated research on ENDP.
(MAKO): Needham has a Hold on the stock, which it now sees as
appropriately valued after last week's stellar showing.
(NFLX): NFLX is a new Neutral at Robert W. Baird, which establishes
a price objective of $263. Although the adoption of Internet
streaming TV offers immense long term promise, shares are seen as
somewhat rich after surging 330.41% in the past 12 months.
(VRX): Shares are resumed with an Overweight at JPMorgan.
(WMGI): Lauding the company's plans to become a pure play in the
high-growth extremities market, Needham has a new Buy on the name.
(ZMH): Needham has a new Buy on the medical device stock, which it
says is returning large amounts of cash to shareholders.
Stock Upgrades: Barbarians Back Off Bill Gates at
Stock Downgrades: Today's Take-Down Of Tesla Motors Inc
Looks Like Road Kill