Socialism may have its merits. Indeed Hugo Chavez's heirs have
seen their stocks surge about 300% this year, this after equities
in Caracas posted the planet's best performance last year. And in
is every bit as impressive as Mr. Market. But I'll still take
capitalism any day, and especially on one when the
(INDEXDJX:.DJI) hits yet another historic high. With US stock
markets at fresh peaks, even recently troubled
) ended up 4.89%. This as the victim of its latest car fire claimed
I would buy another one in a heartbeat
." (Heartthrobs in Hollywood
beg to differ
.) Alas India's
Jaguar is courting cougar Julia Roberts
- along with the omnipresent Clooney - fell 4.84% on a
. Lifelong bachelor George has a legendary way with women, and lady
luck - figuratively, although
sadly not literally
- was similarly with
Royal Bank of Scotland
), which rose 4.35%. Elsewhere
), whose wealth managers apparently also have
impressively robust romantic lives
, advanced 2.21% as financials continued their recent bounce.
There isn't any top-tier economic data due today to move US
markets. In terms of specific stocks,
Babcock & Wilcox
(WX) are all due to release results.
British Sky Broadcasting
(OTCMKTS:BSYBY): Shares, which tumbled 10.89% on Monday after
blockbuster $1.4 billion soccer bidding war
(BT), are today taken to Underperform from Neutral at Credit
(CLH): Credit Suisse cuts the company to Neutral from Outperform.
(COST): Costco is now Neutral from Buy at UBS. Since November 2012,
retail giant Costco stock has gained 28.17%.
(FDX): FedEx gets moved Market Perform from Outperform at Cowen,
whose new price objective is $136. Absent any air freight pricing
increases, they feel FedEx is now fairly valued.
(GSK): Panmure gives the giant European pharmaceutical firm a
(GOGO): It's back down to Earth for in-flight Wi-Fi provider Gogo
Inc, whose 28.80% increase made it Monday's top
(INDEXNASDAQ:.IXIC) stock. Valuation issues loom understandably
large as UBS downgrades Gogo Inc to Neutral from Buy.
Heartland Payment Systems
(HPY): Citing slowing organic revenue growth, Robert W. Baird
reduces its rating to Neutral from Buy.
(HOLX): Shares are now Sector Perform from Top Pick at RBC Capital.
Its price target is also taken down by $4 to $21.
(INTC): The semiconductor stock, a key Dow component, is cut to
Neutral from Buy at MKM Partners.
(GOLD): GOLD gets downgraded to Sector Perform from Outperform at
RBC Capital due to valuation issues after its third-quarter
Royal Bank of Scotland
): Goldman Sachs gives its fellow financial firm a downgrade to
Neutral from Buy.
(SYMC): The Internet security stock is now Neutral from Outperform
at Macquarie, which also trims its target by $2 to $24. The
brokerage's concerns relate to the departure of Symantec President
(VPHM): JPMorgan moves the stock to Neutral from Overweight.
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