In a session that should have been
all about the Benjamins
, Wall Street's recently reliable money making machine suddenly
ground to a halt. On an otherwise desultory day for the
) did gain 3.79%, as a
bunch of German jocks proved far more proficient
couple of Harvard economists just did with
Mr. Softie, of course, instituted dividends years ago; a penny for
its thoughts as
an utterly unloved
) (Steve Jobs of Bill Gates: "
He just shamelessly ripped off other people's
") apes it by becoming a dividend play. And a day after Twitter's
hacked bluebird temporary grounded stocks,
) rose 2.92% on an
and Boeing (BA) hit a half-decade high. Pity
none of us can fly at the moment
The single busiest day of earnings season has arrived with
United Parcel Service
(UPS) all due to report results.
(APD): Shares are now Neutral from Overweight at Atlantic Equities.
(BKI): RBC Capital reduces its recommendation to Sector Perform
(CFR): FBC Capital cuts the company to Underperform from Perform,
trimming its target price by $2 to $56 in the process. First
quarter results were weaker than expected amid NIM (Net Interest
(FSLR): Yesterday's top
(^GSPC) stock is today lowered to Underperform from Market Perform
at Raymond James.
(HTS): The residential Real Estate Investment Trust gets moved to
Market Perform from Outperform by Keefe Bruyette.
(TILE): Raymond James takes TILE to Market Perform from Outperform.
(INTU): The TurboTax owner is downgraded by both Citigroup (Neutral
from Buy) and JPMorgan (Neutral from Overweight.)
): Jefferies reduces the Standard & Poor's ratings agency owner
to Hold from Buy.
(MLNX): Shares are moved to Neutral from Buy at Mizuho, which notes
a troubling lack of catalysts and uncertain visibility regarding
(NOR): NOR is now Neutral from Buy at Bank of America-Merrill
(SEIC): Keefe Bruyette cuts the asset management company to Market
Perform from Outperform.
(TCP): TCP gets taken to Neutral from Buy at Bank of
T. Rowe Price Group
(TROW): Shares are now Market Perform from Outperform with Wells
(VLY): Keefe Bruyette reduces the regional bank to Underperform
from Market Perform.
(VMW): The tech stock is taken to Underperform from Market Perform
by Sanford Bernstein, one of several downgrades this morning.
(WDC): Brokerage boutique Craig-Hallum downgrades WDC to Hold from
New Stock Coverage: Sink Your Teeth Into Diamondback
Stock Upgrades: Yesterday's Mutiny Provides Bounty for