To the myriad other milestones set on
Guinness World Records Day
, we can add two more, for the
S&P 500 Index
(INDEXSP:.INX) each reached historic peaks. Brooklyn's 67-year-old
dressed all in black
as befits any hipster from her borough, sent US stock markets up
again with dovish testimony at her confirmation hearing to head the
), up another 3.14% to a lifetime best, was a money tree although,
alas, the same can't be said for the
sadly truncated forest
from which it takes its name. Among other equities on the move, the
Old Gray Lady Ms. Yellen met her match in a
, whose beloved
) surged 3.96% on a
Fifty Shades of Grey
? No thanks, not when
handling the book can give you herpes
. Far safer to stick with
Houghton Mifflin Harcourt
), the textbook publisher having advanced 32.17% on its first day
of trading. And tumbling
) gave up another 0.79% after a machinery malfunction that resulted
in three of its workers being injured by hot metal. Mr Musk's
employee approval rating,
already less than stellar
, may be set to fall further.
In terms of economic events that may move US markets this morning,
September wholesale inventories are expected to ease off slightly
from the pace seen in August at 10:00 a.m. Eastern. Regarding
) beat Street estimates when it reported quarterly results earlier
(ARO): Aeropostale, the adolescent clothing company whose
shirts celebrate one of Wall Street's worst-ever
, is assigned an uninspiring Neutral at Mizuho. Investors have
indeed lost their shirts in Aeropostale stock over the past 12
months; shares have slumped some 30.79%.
(ARNA): WallachBeth begins the stock at a Buy, citing its potential
in the obesity segment. The price objective is $9.
(KMT): Goldman Sachs starts Neutral-rated coverage on KMT.
Marlin Midstream Partners
(FISH): FISH is a fresh Buy with Wunderlich, whose target price is
$20. Catalysts include the company's recurring fee-based business
: Mizuho assigns new Neutrals on
Abercrombie & Fitch
American Eagle Outfitters
The Men's Wearhouse
(ZUMZ). It begins Buys on
(ANN) - long known as AnnTayor -
The Children's Place
(GEVA): Goldman gives the stock a Buy rating. Its objective is $72.
): Twitter, which yesterday posted its highest close since last
week's IPO, is a new Neutral at UBS. Its price objective on Twitter
(VVUS): WallachBeth has a Hold, and $11 objective, on diet drug
stock Vivus. It says Qsymia sales are an ongoing issue.
(YELP): The Internet stock is a new Neutral at Janney Capital.
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