That much-discussed "
" looks like hot air, especially as today is an
iconic anniversary in the history of such
. Shares started June, historically the start of many a market
swoon, with their best day in weeks. Those
bubble references ominously proliferating on
were no sweat for Bubble Wrap owner
), which rose 2.08% as investors found the shares as
irresistible as its best known product
One stock that missed out on all the fun was Brazil's
GOL Linhas AÃ©reas Inteligentes
), which fell 4.71% on a decidedly
lukewarm analyst initiation
. Still, surely far better to own GOL than
Today's quarterly earnings announcements are due to include
(OTCMKTS:AHONY): JPMorgan moves the Dutch grocery giant to Neutral
(OTCMKTS:AIRYY): Shares get downgraded to Underperform from Hold at
(BWLD): The fast food firm is pulled from Robert W. Baird's Focus
Idea list, although its overall Outperform rating remains intact.
Canadian Pacific Railway
): CP is cut to Underperform from Sector Perform at RBC Capital on
news that Bill Ackman's Pershing Square is to sell up to 29% of its
(OTCMKTS: DBOEY): The exchange operator is downgraded to Neutral
from Overweight at JPMorgan.
First Defiance Financial
(FDEF): Keefe Bruyette cuts the company to Market Perform from
(PVH): The clothing company formerly known as Phillips-Van Heusen
is cut to Outperform from Top Pick at RBC Capital.
(RIGL): Shares are reduced to Neutral from Overweight at Piper
Ulta Salon Cosmetics & Fragrance
(ULTA): The company gets taken to Neutral from Buy at Goldman
Sachs, which cites sluggishness in its e-commerce initiatives.
New Stock Coverage: Mo' Money, No Problems for
Stock Upgrades: Happy Headlines at USA Today Owner