Sixteen of 17 markets in Europe fell, Shanghai slumped for a
sixth straight session, and indices in Japan breached a two-month
trough. Yet here in America, the
(^DJI) rolled inexorably on, rebounding mightily around midday to
end essentially at session highs. You could say, then, that
decoupling was the order of the day
. It certainly was in Moscow, notwithstanding that the
last name in weddings opened its first Red Square
this week. So much for "From Russia With Love."
Should a newly-solo Putin be feeling low, a Keurig single cup may
perk him up. Especially after its owner
Green Mountain Coffee Roasters
) gained 2.65% on a
. Actually, the seriously sinister ex-KGB chief strikes me as more
of a vodka and nicotine kind of guy. Apropos of the latter, Joe
) just announced it is
into the e-cigarette game
. Although, unlike its past products, presumably this one doesn't
Today in economics, analysts expect an expansion in April consumer
credit at 3:00 p.m. Eastern. On the earnings front, look for
Daqo New Energy
Alpha Natural Resources
(ANR): ANR is now Underperform from Outperform at Raymond James.
): The stock may
today, its stress amped up by a valuation-based cut to Neutral from
Outperform by Robert W. Baird.
(CHMT): A combination of flat earnings and a surging stock sees
Oppenheimer reset its rating to Underperform from Perform.
(PODD): Shares are taken to Hold from Buy with a $28 price
objective at Wunderlich. Although hopes are high for its
next-generation OmniPod insulin pump, the stock has already
appreciated substantially of late.
(INTC): The semiconductor stock, a key
(^DJI) component, is sliding 1.01% as I write after getting cut to
Underweight from Neutral at Piper Jaffray. The broker would take
profits after a strong recent run, especially in light of systemic
issues in its underlying personal computer end market.
(IRM): Stifel slashes the stock, nose-diving 9% before the bell, to
Hold from Buy amid REIT (Real Estate Investment Trust) conversion
(JPM): The blue chip is taken to Neutral from Outperform at
(MNKD): Bank of America-Merrill Lynch moves the biopharmaceutical
firm to Neutral from Buy.
(MELI): The Buenos Aires-based online marketplace, often dubbed
(EBAY)", is now Neutral from Overweight at JPMorgan.
(BTU): The coal company is cut to Market Perform from Outperform at
(RUE): Jefferies reduces RUE to Hold from Buy.
(S): Shares are now Neutral from Buy at Nomura.
(VMW): The tech stock gets downgraded to Hold from Buy at Drexel
New Stock Coverage: Garmin Suddenly Finds Itself Back in
Stock Upgrades: France Likes What It Sees in