Stocks barely budged, with
(^DJI) eking out an infinitesimal 0.09% increase on anemic volume
as utterly "boring" sectors such as utilities dominated the day.
For most of us, then, equity action was like watching paint dry,
The Men Who Stare At Goats
) it was a feast for the eyes.
back in favor
, surged 29.61% for its single best showing since going public. (
(^IXIC), its facilitator for history's most botched IPO, failed to
fully share in the joy.
) jumped 16.29%, so maybe it really is
Better To Travel
quote an album
from Wall Street's
of 1987. Elsewhere
offerings honor that year
, advanced 2.15% on a
. And with
royal babies all the rage
, Destination Maternity
) rose 8.08% to the highest level in its history and the
) also delivered for investors, ending up 7.86% at a fresh 52-week
Today in economics, the University of Michigan's final figure for
July consumer confidence arrives at 9:55 a.m. Eastern. On the
earnings front, peak week of Q2 reporting season concludes with
quarterly announcements expected out of
British Sky Broadcasting
Stanley Black & Decker
Bed Bath & Beyond Inc.
(BBBY): The retailer stock, up 26.64% in the past 12 months having
hit an historic high on Monday, is reduced to Hold from Buy at
(CERN): Shares are reduced to Neutral from Outperform at Robert W.
(DECK): The maker of Ugg boots gets downgraded to Underperform from
Neutral by Credit Suisse.
(DLB): DLB is now Neutral from Buy at Dougherty & Company due
to uncertain visibility as to when sustained top-line growth will
(DXPE): The industrial equipment outfit gets downgraded to Neutral
from Buy at Ascendiant.
(EXPE): The online travel titan, currently tumbling 22% before the
bell, is moved to Market Perform from Outperform at Raymond James.
): The social networking name, fresh from yesterday's 29.61% surge,
gets taken to Hold from Buy today at Argus. Valuation issues are
inevitably cited. Shares are, accordingly, slipping before the
(FSL): Shares are clipped to Perform from Outperform at Oppenheimer
amid a premium valuation and increased risks from rising rates.
(GPN): UBS gives the stock a downgrade to Neutral from Buy.
(KMT): JPMorgan moves the equity to Neutral from Buy.
(MSI): Shares are cut to Hold from Buy at Argus.
(NTGR): The tech stock is taken to Underperform from Sector Perform
at RBC Capital.
(PTX): The small cap stock is slashed to Sell from Hold at Cantor
Fitzgerald, which also trims its target price to $2.50 from $3.00.
Weak prescription trends for Pernix are a particular concern.
(POT): Raymond James reduces the fertilizer firm to Market Perform
: Keefe Bruyette cuts
(SUSQ), all now Market Perform from Outperform.
(REV): The cosmetics company is cut to Market Perform from
Outperform by BMO Capital.
(RYCEY): The stock, which surged 5.1% yesterday to touch its
highest level in at least a quarter-century, is today slashed to
Sell from Hold at Deutsche Bank.
(SDRL): Shares are now Neutral from Overweight at HSBC Securities.
(SWI): Citing core business concerns and continued license
weakness, Needham cuts the company to Hold from Buy.
(LUV): LUV is lowered to Market Perform from Outperform at Raymond
Stewart Information Services
(STC): Due to valuation issues after a strong recent run in the
stock, FBR Capital cuts the company to Market Perform from
(VRTX): UBS cuts the company to Neutral from Buy.
(ZNGA): Shares, slumping some 16.86% ahead of the open after
releasing earnings, are now Hold from Buy at Needham. Weakness in
its poker franchise and an absence of real money gambling games in
America represent genuine risks.
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