On a day the Fed was torn, stocks staggered to a split decision.
(^DJI) snapped a four-session winning streak while
(^GSPC) issues edged up after FOMC meeting minutes revealed a
central bank divided almost straight down the middle. With
indecision in the air,
) - which
- rose 1.81% to again best all blue chips after an
analyst flip-flopped his opinion
on the suddenly resurgent tech titan from "sell" to "buy."
Television audience analyzer
) tumbled 2.04%, with investors concerned about how viewers of a
new channel dedicated to dogs
will register their approval.
Hedge funds finally got the green light to
, although given their
utterly punk performance
, an embarrassed silence may be the better option. And New York's
), which surged 9.59% last week, jumped another 1.97%. Alas
elsewhere on the island,
educators could clearly use a brush up on the
Today's quarterly earnings announcements are expected to include
Bank of The Ozarks
Arkansas Best Corporation
(ABFS): Citigroup cuts the trucking titan to Neutral from Buy.
ARMOUR Residential REIT, Inc.
(ARR): The real estate investment trust is reduced to Underperform
from Neutral by Bank of America-Merrill Lynch.
Avago Technologies Ltd
(AVGO): Shares get taken to Hold from Buy at Jefferies.
Cliffs Natural Resources Inc
(CLF): The country's largest iron ore producer, having already slid
some 63.79% in the past year, is downgraded to Underperform form
Perform at CIBC World Markets.
(DV): Stifel slashes the education equity to Hold from Buy.
Family Dollar Stores, Inc.
(FDO): Barclays downgrades the discount retailer to Equal Weight
from Overweight. Valuation is a concern after yesterday's 7.11%
surge bested all
(^GSPC) issues and sent the stock to a seven-month high.
Health Management Associates Inc
(HMA): The stock is cut to Neutral from Outperform at Credit
Jive Software Inc
(JIVE): Shares are now Neutral from Buy at UBS.
Lender Processing Services, Inc.
(LPS): Oppenheimer lowers LPS to Perform from Outperform at
On Assignment, Inc.
(ASGN): The staffing stock is slashed to Hold from Buy at Deutsche
ON Semiconductor Corp
(ONNN): Jefferies reduces its rating to Hold from Buy.
Sprint Nextel Corporation
(S): Citigroup takes the telecom stock, upgraded elsewhere this
morning, to Neutral from Buy.
The New York Times Company
(NYT): NYT is now Equal Weight from Overweight at Barclays. Shares,
up 67.83% in the past year having hit a fresh 52-week peak
yesterday, are now seen as somewhat stretched.
(RIG): RIG is reduced to Market Perform from Outperform by BMO
Union Pacific Corporation
(UNP): Raymond James reduces the railroad, down 1.12% yesterday, to
Market Perform from Outperform.
Wynn Resorts, Limited
(WYNN): Morgan Stanley moves the casino stock to Underweight from
New Stock Coverage: Amazon.com, Inc.'s Money Tree Appears
Stock Upgrades: Advanced Micro Devices, Inc. Is on the