Sunday, which caused investors
no end of
angst in 2008
, showed a far more benign side five years on, with markets surging
on Monday, thanks to Larry Summers' exit 24 hours earlier. (Alas,
the appropriately named fictional financial reporter
wasn't around to see it, having signed off on another season of
on the Sabbath.)
Among stocks on the move,
) fell a further 3.18%. Last week, life imitated art a little too
literally for the Cupertino company, as its 6.7% slide eerily
punk opening weekend performance of a film about
The Squibb and the Whale
might make a better movie, with
) advancing 3.63% after
being boosted by
aquatic angst in England shows no signs of
Today in Washington, DC, the Federal Open Market Committee starts
its two-day policy meeting on interest rates. In earnings action,
FactSet Research Systems
(OTCMKTS:PRDSY) are all expected to release results.
Big 5 Sporting Goods
(BGFV): The stock is now Neutral from Overweight at Piper Jaffray.
Extra Space Storage
(EXR): Goldman Sachs downgrades shares to Buy from Conviction Buy.
(CAG) gets cut to Neutral from Overweight at JPMorgan, which moves
(K) to Underweight from Neutral.
(LON:GLEN): Shares in the commodity company are sharply lower in
today's London trading on a Neutral-from-Buy downgrade at UBS.
(IACI): RBC Capital Markets moves the owner of Match.com to Sector
Perform from Outperform.
: Goldman Sachs gives Neutral-from-Buy downgrades to
(EVER) (price target taken to $16.50 from $18) and
Fifth Third Bancorp
(FITB), which is clearly now
at sixes and sevens
and trading lower before the opening bell. Meanwhile,
(NBHC) gets slashed to Sell from Buy.
Royal Bank of Scotland
(RBS): The British financial firm is reduced to Neutral from Buy at
(SHOO): Wedbush slashes the shoe stock to Neutral from Outperform.
(WERN): KeyBanc Capital takes the trucking titan to Hold from Buy.
Stock Upgrades: Church & Dwight Provides Portfolio
New Stock Coverage: 3D Systems Second to None