Compared to what Wall Street wrestled with
exactly half a decade earlier
, September 12, 2013 was no date destined to live in infamy. Still,
S&P 500 Index
(INDEXSP:.INX) did drop for the first time all month in a session
that saw some serious slumps. Let the chips,
Wilson and otherwise
, fall where they may about summed it up as
) nosedived a
(INDEXNASDAQ:.IXIC)-worst 20.75% and
) lost 5.40% after announcing earnings. At least all things
) didn't drop, with the troubled tech titan advancing 1.06% and an
ad from Fiona
Chipotle Mexican Grill
) hit the highest level in its history. (
South-of-the-border cuisine is still best
, however.) The
New York Times
) tumbled 1.32% as Vladimir
Putin preposterously penned an op-ed in its
. This as a resurgent
(NOK), which his predecessor
Mikhail Gorbachev memorably put on the map in April
, surged another 6.89%.
Today in economics, the preliminary Thomson Reuters/University of
Michigan September consumer sentiment survey is out at 9:55 a.m.
Eastern, and July business inventories follow at 10:00 a.m. On the
Pier 1 Imports
(PIR) is the pick of quarterly earnings announcements.
(ABCO): The stock is begun with a Buy at Bank of America-Merrill
(BCS): Jefferies starts Buy-rated research on the British bank.
(COP): The oil stock gets initiated with a Buy at Guggenheim.
(DXCM): Shares are a new Overweight at JPMorgan.
(MMS): The business services stock is initiated with a Buy at
Jefferies, whose price objective is $47.
(MRC): Shares are a fresh Buy with Wunderlich, whose price
objective is $33. It is poised to take advantage of a build out in
energy infrastructure, the broker believes.
: Coven covers
(CVS) at Perform and has an Outperform and $62 target on
(WAG), which yesterday hit an all time high.
Urban Outfitters, Inc.
(URBN): The apparel outfit, whose endlessly eclectic offerings
, is started with a bullish Buy at Sterne Agee. Its price objective
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