Much like the Bureau of Engraving and Printing and its
, investors found it awfully hard to make money. The
(^DJI) tumbled 2.23% in enduring its worst week since June 2012
although, as ever, some equities advanced impressively amid the
), up 11% to again climb above $500, suddenly finds itself back in
vogue. As, elsewhere in Silicon Valley, does
) Marissa Mayer
. Although, reclining on her well-manicured lawn and admiring
herself on an iPad may not send quite the right message about hard
work. Fellow tech firm
) slumped 6.8% after announcing 4,000 of its erstwhile employees
will now have more time to loaf around in the manner of Ms. Mayer.
(Although it was the
firing of but a single person that attracted
infinitely more attention for
). Maybe Joseph Stalin was on to something in saying, "When one
person dies, it's a tragedy, but when a million people die, it's a
) jumped 4.1% after dispensing with William Ackman, for whom the
final straw was learning about the hiring of ex-
(KRFT) marketing guru Debra Berman via a news release on his
Bloomberg. Compared to some of the recent
taunting staring out from his terminal
, that was small surely potatoes.
There isn't any top-tier economic data due today, but earnings
announcements are expected out of
Bob Evans Farms
(APA): With events in Cairo, and the resultant risk to Suez Canal
oil supplies, a constant concern, Stifel slashes the energy stock
to Hold from Buy. Egypt represents fully 19% of the company's
(CVC): The broadcasting name is now Neutral from Buy at Nomura.
First Majestic Silver
(AG): Shares are moved to Market Perform from Outperform at Cowen
due to a relatively rich valuation.
(FMD): Citing potential risk of an audit, Compass Point cuts the
company to Neutral from Buy. Its price objective, previously $2.00,
gets taken to $1.25.
(HK): Stifel cuts the company to Hold from Buy on account of an
increased share count and reduced 2014 outlook.
(HCMLY): The Swiss stock, which is the world's biggest cement
maker, is tumbling about 2% in today's European trading on a
Neutral-from-Buy downgrade at UBS. The bank believes earnings will
come under pressure.
(RVBD): RVBD gets reduced to Market Perform from Outperform at JMP
(SWN): Shares are moved to Market Perform from Outperform by BMO
(TRLA): RBC Capital Markets cuts the online real estate outfit to
Sector Perform from Outperform, sending it slumping some 6.5% as I
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