Stock markets just crash, now I'm just a bill
History don't repeat itself, it rhymes, 1929 still.
Hardly, Jay-Z, hardly. In a week Wall Street reached the highest
level in its history, the rapper is wrong to
compare the current market boom to the calamity of
84 years ago
The Great Gatsby's
decidedly iffy reviews
, investors may be better advised to skip the film and instead
simply read the book. Especially after
Barnes & Noble
) just surged 24.25% to top the entire NYSE.
Still, stocks did slip slightly yesterday amid encouraging signs
that mountainous egos, if not equities, have landed at last.
David Einhorn, who shorted
), just saw that
(^IXIC)-best 27.84%. So yes, the
billionaire's advice not to take his advice
was eerily on the money.
Jacob was declared the most popular boys' name for
a fourteenth straight year,
but a fat lot of good that did
). It fell 1.79% following
lukewarm analyst comments
A quiet week in economic data concludes with no top-tier data due
on today's docket. In earnings action,
(OTCMKTS:UNCFF) are all expected to announce results.
(AES): The electric utility is now Neutral from Buy at UBS.
(CVC): Shares are downgraded to Neutral from Buy at Citigroup.
): Stephens downgrades America's largest dairy producer to Equal
Weight from Overweight. Shares, up 34.70% in the past year having
hit a fresh 52-week peak on Friday, are now seen as somewhat rich.
(DNDN): DNDN gets downgraded to Sell from Neutral at Citigroup.
(ATLS): Shares are now Neutral from Buy Robert W. Baird, whose
target is $56. The cut is due to valuation.
(OTCMKTS:EONGY): The stock is downgraded to Underweight from
Neutral at HSBC Securities.
(LOPE): Robert W. Baird lowers LOPE to Neutral from Outperform with
a $30 target.
(JCP): JCP is slashed to Sell from Neutral at Northcoast.
(LTD): The owner of Bath & Body Works, Henri Bendel, and
Victoria's Secret - long known as Limited Brands - is lowered to
Neutral from Buy at Lazard.
(MU): Shares are lower this morning after being moved to Perform
from Outperform at JMP Securities.
(OPTR): The stock is now Neutral from Outperform at Robert W.
(PNNT): Shares are now Perform from Outperform at FBR Capital.
(RCII): RCII is reduced to Hold from Buy at Canaccord Genuity,
which also cuts its target to $37 from $42 amid a mature business
): SociÃ©tÃ© GÃ©nÃ©rale slashes the Spanish energy outfit to Hold
(GEVA): The name is now Neutral from Overweight at JPMorgan.
New Stock Coverage: Frozen Smiles All Around at
Stock Upgrades: American Water Works Will Make You