Maybe the government should shut down more often.
(INDEXDJX:.DJI) gained 1.09% amid Washington gridlock to snap a
two-week slump. In a coded
message to Mr. Boehner
, No More Tears maker
Johnson & Johnson
jumped 2.5%, besting the
(INDEXDJX:.DJI) average on Friday following a
. Janet Yellen was nominated as the first Democrat to head the Fed
since 1987; if you don't want to be reminded of what happened later
look away now
. The current cover of
Munis on the Mend"
) is enough to turn Meredith to tears, as her eponymous investment
reached its Whit's end
. (Hopefully she's still long
), which surged 6.99%.) And as a Pope -- Alexander, actually --
once said, "
To err is human; to forgive, divine
." This as the Vatican recalled a Pope Francis medal after
misspelling the name "Jesus."
Indeed it was a bad time for reading, writing, and arithmetic all
around, what with
) cratering 36%.
No economic data due today, and both banks and the bond market are
closed for Columbus Day, but the first full week of earnings season
Brown & Brown
J.B. Hunt Transport
Packaging Corp. of America
(WTFC) all expected to release results.
(AVT): Deutsche Bank downgrades the electronics outfit to Hold from
(COH): COH is cut to Hold from Buy at Canaccord Genuity, which
reduces its price objective to $62 from $65. Concerns include soft
traffic trends and increased competition from
(CWCO): Shares are cut to Hold from Buy at Brean Capital due to
(CVA): Raymond James reduces its rating to Outperform from Strong
(DEO): The Guinness owner gets slashed to Sell from Hold at
(DEG): Shares are lowered to Underperform from Hold at Jefferies.
(ERIC): The stock is lower in today's European trading after being
taken to Underweight from Equal Weight by Barclays.
(EXPE): Deutsche Bank takes the online travel outfit to Hold from
Buy amid execution issues and executive turnover.
(HCLP): Shares get downgraded to Sector Perform from Outperform at
(OTCMKTS:IFNNY): Bank of America-Merrill Lynch moves the stock to
Neutral from Buy.
): LRN, down sharply last week, is lowered to Underperform from
Neutral at Bank of America-Merrill Lynch.
(INDEXDJX:.DJI) member is downgraded to Perform from Outperform by
(MYL): Morgan Stanley moves the stock to Equal-Weight from
(PVR): Shares are downgraded to Hold from Buy at BB&T Capital.
Royal Bank of Scotland
(RBS): The stock is now Underperform from Neutral at Bank of
(OTCMKTS:SBMRY): Citigroup slashes the brewing behemoth to Neutral
Strategic Hotels & Resorts
(BEE): Shares get downgraded to Buy from Strong Buy at ISI Group.
(WAT): The stock is now Neutral from Buy at Mizuho due to
uncertainty surrounding pharmaceutical end markets. Its price
objective is $110.
Stock Upgrades: Liberty Interactive Is Open for
New Stock Coverage: On Columbus Day, It Pays to