Who'd have thought
would be way scarier than
? Green eggs inspired gridlock on Capitol Hill outweighed an
unusually sunny-side-up outlook from Nouriel Roubini to send the
(INDEXDJX:.DJI) down for a fourth straight day. Some stocks did
buck the market's malaise. A
) jumped 3.34%. Its Marissa Mayer, to judge by her awkward ellipsis
when saying "
We promise not to screw…
" after buying Tumblr - which
made its name in porn, yet
- is clearly still getting the hang of this Twitter thing. Twitter
itself, however, appears far more sure-footed, and is now
apparently on the brink of
choosing the NYSE
(INDEXNASDAQ:.IXIC) for its initial public offering. This with
memories of the latter's
) fiasco still fresh. (Although not nearly as fresh as they were; a
just sent the social networking name up 2.67% to a new best.) And
made a totally awesome debut
on ABC, a couple of other '80s icons fared less well.
) tumbled 2.15% and
), whose clothes outfitted the decade, plunged 2.59%.
Today in economics, analysts anticipate an uptick in August new
home sales at 10:00 a.m. Eastern. In earnings action, quarterly
announcements are expected out of
Bed Bath & Beyond
Bravio Brio Restaurant Group
(BBRG): Shares are slashed to Neutral from Overweight at Piper
(KMX): Goldman Sachs cuts the company to Neutral from Buy.
(CCL): The cruise company, which slid 7.65% yesterday on iffy
earnings, is sinking further in today's overseas trading after
being moved to Underweight from Equal-Weight at Morgan Stanley.
Bank of America-Merrill Lynch (Neutral from Buy) and Natixis
(Reduce from Neutral) add to the agony.
(CY): Shares, which slumped yesterday, are now Neutral from
Outperform with Wedbush. The price objective, previously $14, is
lowered to $10.
(DLTR): Goldman Sachs pulls the stock from its list of Conviction
(RPTP): RPTP gets reduced to Perform from Outperform at Oppenheimer
due to valuation, with the drug Cystinosis now already priced in.
(RS): Bank of America-Merrill moves the commodity company to
Neutral from Buy.
(SWKS): B. Riley & Co. reduces the semiconductor stock to
Neutral from Buy.
(OTCMKTS:TSCDY): JPMorgan gives the British grocery giant an
New Stock Coverage: Goldman Guarantees You're Going to
Like Men's Wearhouse
Stock Upgrades: Cash America Can Make You a Pawn