) surged 72.69% on its IPO - and feather beds -
) jumped 12.09% - each fared just fine yesterday. (And
who could forget you, rubber ducky
?) Otherwise, however, investors were well advised to stuff money
in mattresses as US stock markets endured their single worst
session since August. Twitter was the talk of the town, attracting
bullish buy initiations
. As, indeed, did budget air carrier
(OTCMKTS:ESYJY), founded by Cypriot Sir Stelios Haji-Ioannou. But
economic angst in his country,
so horrible to songbirds
, is now apparently yesterday's news.
Oreos are as addictive as cocaine to rats
, fell 4.04%, and
knows all about rodents
, tumbled 21.64%. Meanwhile mice fared no better, with
home to the critters
- imploding 11.18% and Mouse House
) dropping 2.68%.
In terms of economic events that may move US markets this morning,
the Reuters/University of Michigan preliminary consumer sentiment
index for November is expected to improve from October's final
figure at 9:55 a.m. Eastern. Regarding specific stocks,
Compagnie FinanciÃ¨re Richemont
Lions Gate Entertainment
Xinyuan Real Estate
(XIN) are all due to announce earnings.
(OTCMKTS:BAESY): Shares are cut to Hold from Buy at Investec.
(CCH): Barclays reduces the bottling behemoth to Equal Weight from
(DE): Bank of America-Merrill Lynch lowers to Neutral from Buy.
LVMH MoÃ«t Hennessy-Louis Vuitton
France freshly downgraded
, this is no time to be buying pricey Parisian
. Raymond James reduces its rating on the last word in luxury to a
still-bullish Outperform from Strong Buy.
(RDA): Amid merger doldrums, RDA was taken to Neutral from Buy at
DA Davidson. Its price objective is $18.
(THI): Canaccord Genuity cuts Canadian coffee and doughnut king Tim
Hortons to Hold from Buy. Shares of Tim Hortons, co-founded by a
Canuck hockey icon tragically killed in a 1974 car crash, have
recently hit historic highs.
(TRMR): So this week, I heard on the radio someone
killed the video star
. Tremor Video, which imploded 8.77% yesterday, is today taken to
Hold from Buy at Canaccord Genuity. Its concerns regarding Tremor
Video include iffy third quarter earnings and uninspiring forward
(UAL): Barclays lowers the airline to Underweight from Equal
Whole Foods Market
): More bad news for Whole Foods, the gourmet grocer that gapped
down 11.18% yesterday. This morning Goldman Sachs, whose
expensively remunerated employees are fortunate enough to be able
to afford a trip to 'Whole Paycheck,' cuts it rating from to
Neutral from Buy. Even after Thursday's swoon, Whole Foods shares
are still up 19.38% since November 2012.
(WIN): Morgan Stanley moves the stock to Underweight from
New Stock Coverage: Is McDonald's, Much Like the French,
Stock Upgrades: Scotts Miracle-Gro Not Going to