Miley Cyrus keeps her clothes on in an appearance
at Cipriani Wall Street
, there was never any danger of investors losing their shirts to
naked short selling last week. Instead, the
S&P 500 Index
(INDEXSP:.INX) rose to a new record. Among stocks on the move,
) jumped 3.4% because, well, when you are trying to be an
innovative tech company, having a
77-year-old write a letter urging share
is exactly want you need to hear. Elsewhere
), headquartered in New York's World Financial Center, finished
Friday at the highest level in its history, a touching tribute to
Paul Reichmann, who died the same day and put the
edifice on the map
. Tom Brady
has a hand injury
but the Ugg boot-endorser saw
) surge some 17.61%. Regardless of what is on one's foot, taking
A Random Walk Down Wall Street
will never be such fun again, now that we can't do it on the wild
Rest in peace, Lou Reed
This morning in economic data, September pending home sales are due
at 10:00 a.m. Eastern. On the corporate front, just under half of
S&P 500 Index
(INDEXSP:.INX) have now released quarterly results. Today's
announcements are expected to include
(ARMH): The Benchmark Company slashes this chip stock, a key
) supplier, to Hold from Buy. Its price target is also taken lower,
by $4 to $50.
(ADNC): Shares are now Hold from Buy at Benchmark amid the broker's
less optimistic outlook on the overall semiconductor sector.
(BIDU): The Chinese Internet outfit is now Hold from Buy at BNP
(BA): Buckingham Research reduces the key
(INDEXDJX:.DJI) component, which hit the highest level in its
history last week, to Neutral from Buy.
(CHH): Robert W. Baird reduces its rating to Underperform from
Neutral, citing both comparatively slow growth and a relatively
rich stock valuation. (Note that shares also scored an upgrade
(CROC): The maker of colorful plastic clogs gets cut to Neutral
from Overweight at Piper Jaffray, whose concerns include increased
discounting and "choppy" recent trends in the US.
(EXC): Goldman Sachs slashes the nuclear power play to Sell from
(LEA): LEA is lowered to Hold from Buy at Deutsche Bank.
Lloyds Banking Group
(LYG): Investec takes the British financial firm to Hold from Buy.
(OC): The building materials name is now Neutral from Buy at Bank
of America-Merrill Lynch.
Public Service Enterprise Group
(PEG): Shares are reduced to Sell from Neutral at Goldman.
SandRidge Permian Trust
(PER): RBC Capital Markets moves the stock to Underperform from
Sector Perform. Its price objective, previously $17, is now $14.
(SCVL): The footwear firm, previously Buy, is now Neutral at Sterne
(RIG): Goldman lowers the oil services outfit to Sell from Neutral.
(TRMB): TRMB is taken to Hold from Buy at Needham.
Stock Upgrades: AstraZeneca Has It Covered From A to
New Stock Coverage: Fate Therapeutics Leaves Nothing to