Compared with the open warfare that broke out between the US and
201 years ago today
, it was but a minor transatlantic tiff. Yet London still caused
consternation in America's financial capitals on Monday, with the
hinting that the Fed will start to taper sooner rather than later.
) surged 7.12% to top the
(^GSPC) on a deal with
), and blue chip
) climbed 1.18% to a fresh best as Dreamliner concerns dissipated.
Some uncomfortable truths are apparently
about to be dug up in our automotive heartland
. Hoffa is ancient history, however, in Detroit, where the future
is already here and answers to the name of
). That stock rode a
to power ahead 1.89%.
The G-8 summit concludes today, so world leaders still have ample
time to put their feet firmly in mouth. In a previous such pow wow,
the assembled guests
dined on duck flambe after an arduous day spent
discussing food poverty
This morning the Federal Open Market Committee starts its two-day
policy meeting in Washington, DC. On the earnings front,
FactSet Research Systems
(LZB) are all due to report results.
BAYERISCHE MOTOREN WERKE AG
(BAMXY): The German auto giant better known as BMW gets downgraded
to Neutral from Buy at Natixis Bleichroeder.
(CRL): Shares are slashed to Sell from Neutral at Goldman Sachs.
(CVD): The stock is moved to Underweight from Equal Weight by
First Horizon National Corporation
(FHN): Wells Fargo moves its rating to Underperform from Market
(GMT): The stock is taken to Hold from Buy at Stifel, which says
shareholder sentiment could soften.
Genomic Health, Inc.
(GHDX): GHDX gets downgraded to Neutral from Buy at Bank of
Palo Alto Networks Inc
(PANW): Goldman Sachs pulls the tech name from its list of
Sanderson Farms, Inc.
(SAFM): Shares are cut to Hold from Buy at KeyBanc Capital.
Toronto-Dominion Bank (USA)
(TD): Barclays takes TD to Equal Weight from Overweight.
Williams Partners L.P.
(WPZ): Goldman lowers the limited partnership to Neutral from Buy.
New Stock Coverage: LinkedIn Corp Still Doing a Great
Stock Upgrades: FLIR Systems, Inc. Is About to