You've got to feel for Greece. As soon as
Athens improbably gets its act together
, America implodes. Thus did the
(INDEXDJX:.DJI), now down in 11 of its past 13 sessions, drop by
triple digits once more. It was the rare stock that made money
) edged up 0.84% as the drug-maker proved
Listening to Prozac
can sometimes be more profitable. (Though the company will be
seriously depressed to see it assigned only a lukewarm 'Neutral'
analyst initiation this morning.) Lilly has long been known for its
industry-leading diabetes franchise, so was presumably pleased to
) similarly buck a bad day by gaining 1.84%. (Something to do with
closing the doughnut hole
) Juice imploded 18.78%. They say never confuse a company with its
stock but, as my local branch of the smoothie store was cited for
55 health violations
in May, I avoid both equally. Such restaurant ratings are a legacy
of Michael Bloomberg's nanny state, but New York's billionaire
mayor is having less success in banning horrifically calorific
sugary sodas and their ilk. At least if yesterday's
S&P 500 Index
(INDEXSP:.INX)-best 3.76% surge in
) is any indication.
This afternoon at 2:00 p.m. Eastern, we will get meeting minutes to
the Fed's much-debated September 17-18 policy confab, at which it
unexpectedly opted to keep the monetary spigot intact. In corporate
Del Frisco's Restaurant Group
(FAST) are all due to release results.
(AGN): The Botox maker is begun with an upbeat Outperform at Credit
(ARW): SunTrust Robinson Humphrey has a Buy on ARW.
(BC): Citigroup picks up the bowling and boating behemoth at a Buy.
Car Rental Companies
(HTZ) are each assigned an Overweight at JPMorgan.
Chicago Bridge & Iron
(CBI): Jefferies covers CBI at a Buy.
(COH): The luxury outfit is picked up with a Neutral at Piper
: Credit Suisse has new Neutrals on
(FRX), and Dow member
(MRK). It begins Outperforms on both
(BMY) and Dow component
(XONE): Shares are trading higher this morning after being
initiated with a Buy at Janney, whose price objective is $70.
(GDP): GDP gets an In-line and $27 target price at Imperial
Capital, which would wait for a more compelling entry point before
(HBHC): Bank of America-Merrill Lynch launches the stock at
(RT): The company is assigned a Buy recommendation and $10 target
at B. Riley & Co., which has high hopes for the company's
comparatively fresh management team.
(TDW): Shares are resumed with a Outperform at Cowen amid
increasing offshore oil and gas production. Its price objective,
previously $63, increases to $70.
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