After setting 21 straight records this year, the
(^DJI) encountered a classic catch-22. Blue chips, beset by
listless trading all day, dropped 19.12. (A number sequence that
carries uneasy echoes of the year the Titanic sank;
) appears to be imitating the ill-fated ocean liner a little too
literally this morning.)
) $1.1 billion acquisition of Tumblr,
Wall Street in 2013
finally awoke to what Avenue Q told us in 2003: "
The Internet Is for Porn
National Bank of Greece
), fresh from its best week in two decades, dropped 33.89% to lead
all NYSE laggards. This as
proud son of Athens Jamie Dimon
, whose previously pristine reputation has suffered a similarly
prepares for D-Day
) jumping 1.08% and
denim giant Levi's celebrated an important
. Its iconic offerings outfitted the Gold Rush, but
bullion now finds itself a long way from its 49ers
No top-tier economic data due today, but expect earnings
announcements out of
Dick's Sporting Goods
(AQ): Roth Capital reduces its recommendation to Neutral from Buy.
(BZH): Sterne Agee slashes the stock to Neutral from Buy.
(KMX): KMX is cut to Market Perform from Outperform by William
): The cruise company, tumbling 12.54% as I write amid a weak
earnings outlook, is now Neutral from Buy at UBS.
(CME): Exchange operator CME gets cut to Neutral from Outperform at
(COH): Morgan Stanley moves the stock to Equal-Weight from
(DB): Shares are lower in today's European trading after a
Neutral-from-Overweight cut at JPMorgan.
(EHTH): Lazard lowers the equity to Neutral from Buy.
(FRC): Jefferies cuts its fellow financial firm to Hold from Buy.
(BEN): BEN is now Neutral from Outperform at Macquarie.
(LIFE): CrÃ©dit Agricole lowers LIFE to Underperform from
(OTCMKTS:MDIUY): Silvio Berlusconi's Italian media empire is moved
to Underperform from Market Perform by Sanford Bernstein.
Oil States International
(OIS): Shares are now Neutral from Buy at Sterne Agee.
(RJF): RJF sees its rating reduced to Market Perform from
Outperform with Wells Fargo.
(VFC): Wells cuts the company, whose brands include JanSport and
North Face, to Market Perform from Outperform.
(WCG): WCG gets downgraded to Neutral from Buy at Goldman.
Stock Upgrades: American Tower Stands Tall
New Stock Coverage: Future Sunny for Sony