They say never wear white after Labor Day, but yesterday a
was just fine for equities.
(INDEXDJX:.DJI) enjoyed their single best session in five weeks as
) - up a respective 3.49% and 5.01% - each breathed new life into
moribund Motown. This as home state hero the
University of Michigan gleefully pocketed $200
even while simultaneously saying that
being a cheapskate is the only ticket to true
. They know a thing or two about thrift in Scotland, where
a couple just tied the knot for $1.56
. Still, on
the birthday of BeyoncÃ©
, someone was splashing cash to "put a ring on it." Diamond
), up more than 30% last week, rose another 6.25%.
) pinchers fear not, however, for that stock survived an
iffy analyst initiation
to jump 6.13%.
Today in economics, consensus calls for a falloff in factory orders
for July and August's Institute for Supply Management
non-manufacturing index, each out at 10:00 a.m. Eastern. On the
quarterly earnings front,
Smith & Wesson
(PAY) are all expected to release results.
Advanced Energy Industries
(AEIS): Raymond James resumes the diversified electronics outfit at
(AGCO): Morgan Stanley starts the stock at Overweight.
(MDRX): The medical appliance firm is a fresh Hold at KeyBanc
(CAT): The company, a key
(INDEXDJX:.DJI) component, is covered at Equal-Weight by Morgan
(DE): The tractor titan gets assigned an Underweight at Morgan
(GWAY): KeyBanc Capital starts the stock at a Buy.
(JONE): The independent oil and gas outfit gets begun with Buys at
both Jefferies and Stifel ($20 target price.)
(JOY): Morgan Stanley starts the maker of mining equipment at
(NOK): There's no keeping the Finnish telecom firm out of the news
this week. Today it is set a fresh Equal-Weight at Morgan Stanley.
Spectrum Brands Holdings
(SPB): Credit Suisse has a new Neutral on the consumer goods name,
whose offerings include George Foreman and Remington.
(SBUX): The coffee king, whose shares closed at $72.14 on
Wednesday, is established at Outperform with Wedbush. Its price
objective is $80.
(TRMB): Robert W. Baird resumes Outperform-rated research and
assigns a price objective of $36. The stock stands to benefit from
burgeoning worldwide demand for mobile automation, in the broker's
(URI): Shares are picked up at Equal-Weight by Morgan Stanley.
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