(^DJI) ended sharply higher in its sixth successive triple-digit
move. (Although adjusted for inflation - which is apparently
absent everywhere else
in the economy - 100-point days clearly aren't what they were.) On
the day a new poll revealed
70 million Americans are miserable at work
sent professional networking name
) up 1.03%.
Oil hit a nine-month high, just in time for a
new "reality" show on the commodity
. The big screen was similarly good to
), one of countless companies currently
shilling themselves for
Man of Steel
. It surged some 4.61%.
This afternoon the Federal Open Market Committee concludes its
two-day monetary policy meeting, to be followed by Ben Bernanke's
press conference. In earnings action, expect announcements from
Hennes & Mauritz
: Credit Suisse has new Neutrals on
Dr Pepper Snapple Group Inc.
(PEP) but is more bullish on Outperform-rated
The Coca-Cola Company
(V) are each established with Overweights at Morgan Stanley.
(KERX): JPMorgan starts the stock at Overweight, sending shares
surging 7% before the bell.
Neurocrine Biosciences, Inc.
(NBIX): NBIX is a new Outperform with a $16 price objective at
Oppenheimer, which notes elagolix aimed at treating endometriosis
and uterine fibroids has potential promise.
Superior Energy Services, Inc.
(SPN): Citing the company's good international growth prospects,
Cowen starts coverage at Outperform. Its target price is $34.
Teva Pharmaceutical Industries Ltd
(TEVA): The generic drug giant gets begun with a Buy recommendation
and $56 objective at Maxim Group. Although Copaxone to treat
Multiple Sclerosis is going off patent, the broker believes growth
opportunities exist elsewhere for the firm.
Ubiquiti Networks Inc
(UBNT): Shares are assigned an Outperform at JMP Securities.
The Western Union Company
(WU): Morgan Stanley starts Equal Weight-research on the money
Stock Upgrades: Adobe Systems Incorporated Is No 'Flash'
in the Pan
Stock Downgrades: American Eagle Outfitters Gets Its