Money losers made for a winning financial formula on Wall Street
), up 14.34% at a fresh best, was off to the races, never mind its
$30.5 million in Q2 red ink. And
) gained 21.56% despite hemorrhaging $7.6 million in the same
period. Jobless claims falling to their lowest level since November
2007 helped the
(^DJI) snap a three-session skid, although one suspects the
ranks of unemployed will swell by at least 16 next
. For those who prefer two wheels to Tesla's four, the
) saw her stock surge 4.12%, even as we said a sad goodbye to a
key member of history's most famous Harley
. While the
whiff of Musk
brought investors the sweet smell of success, fragrance company
) tumbled 2.72% on an
iffy analyst initiation
. And perfume powerhouse
stopped making cents
, with the maker of Nicki Minaj's Pink Friday enduring a blue
Thursday in sliding 16.70%.
This morning in economics, June wholesale inventories are predicted
to pick up from the prior month's pace at 10:00 a.m. Eastern. In
earnings action, expect
Beacon Roofing Supply
Harvest Natural Resources
(WWAV) to report results.
AMN Healthcare Services
(AHS): The stock is begun at Outperform by William Blair.
(DDS): Buckingham Research resumes the retailer at Neutral.
Fifth Street Senior Floating Rate
(FSFR): Oppenheimer has a fresh Outperform on FSFR on account of
its plump dividend yield and established track record.
(XXIA): The Internet software and services stock is begun with a
Buy at Jefferies.
(SAPE): Northland Capital starts the business software and services
stock at Market Perform. Its target price is $14.
Take-Two Interactive Software, Inc.
(TTWO): Shares are begun with a Buy at The Benchmark Company, which
assigns it a $22.85 price objective. The release of
Grand Theft Auto V
from Rockstar Games on September 17 is a key catalyst, the broker
(THO): SunTrust Robinson Humphrey resumes Buy-rated research on the
maker of recreational vehicles.
(VNTV): RBC Capital resumes coverage at Outperform.
Stock Upgrades: Cisco Systems, Inc. Is on the
Stock Downgrades: Foot Locker, Inc. Kicked to the