Despite the admirable efforts of Piano Man
), an impressive 12.45% gainer, and
Maria Bartiromo, who channeled her inner Julie
, the music came to a screeching halt on Wall Street. With the
Middle East again aflame,
(^DJI) dropped 2.23% for their worst week of 2013. Unless you were
, or purported
, you saw precious
few of these
) was among equities to buck a brutal tape, advancing 11% on
account of Uncle Carl, although a septuagenarian politely
suggesting $150 billion worth of stock buybacks does not strike
many as the most inventive use of cash for an allegedly innovative
tech titan. In an otherwise awful aviation sector, pride of SÃ£o
Gol Linhas AÃ©reas Inteligentes
) gained 8.26%, and the samba boys' dominance of fÃºtbol even
extended to winning the
Homeless World Cup
. Those lucky enough to own a home should thus count their
blessings, especially if they concurrently bought stock in
residential construction company
), which rose 3.9% amid the downdraft. Alas, mere mortals like us
will have to use the
There isn't any top-tier economic data due today, but earnings
announcements are expected out of
Bob Evans Farms
(AGIO): Goldman Sachs starts the stock at a Buy.
(AMX): The telecom company controlled by world's richest man Carlos
Slim is covered with an Equal Weight by Barclays.
(BBG): Cannacord Genuity begins the oil and gas outfit at a Buy.
(ICEL): The equity finds fans at both JPMorgan (Overweight) and
Leerink Swann (Outperform.)
(CNAT): Stifel covers the stock with a Buy rating and $16 target
price as the company's proposed emricasan product shows potential
promise to treat liver-mediated disorders.
(LL): Shares are launched with a Buy at Jefferies, which calls it a
profitable growth story.
(NWSA): Rupert Murdoch's recently restructured media empire is
initiated with Buy at UBS.
New Source Energy
(NSLP): NSLP is a new Outperform with a $23 price objective at
Oppenheimer, which says its current 11.2% yield is sustainable amid
expected annual distribution growth of 10%.
(ONTX): Citigroup has a new Neutral on the biotechnology name.
Orient-Express Hotels Ltd.
(OEH): The accommodation outfit is assigned an uninspiring Neutral
with a $12.50 price target at Goldman Sachs. "We believe investor
focus over the coming quarters will be on the operational
improvements that the [management] team can effect," its analyst
wrote in a note.
Phillips 66 Partners
(PSXP): RBC Capital Markets picks the stock up at Outperform but
Barclays, at Equal-Weight, is less bullish.
(ROST): ROST is resumed at Overweight by Barclays.
(TPLM): Wells Fargo sets an Outperform on TPLM.
Stock Upgrades: Intel Corporation Tries to Rise From
Silicon Valley to Mountain Top
Stock Downgrades: No Indian Summer at Apache