It was the sort of session only David Rosenberg could love. He
may see a
amid another day of carnage in the
(^DJI), but most investors can't wait for August to end. (The
influential Canadian economist has a perma-bear reputation, but you
would too if your first day working on Wall Street was
Monday, October 19, 1987
feel your Bain
as that stock dropped an
-worst (^GSPC) 15.29%. An
) topped the index with a 4.76% advance on high hopes for its fancy
new satellite navigation offerings. Elsewhere
), whose ex-CEO was
more partial to $12 million antique maps
, ended lower on a
) suffered a potentially multimillion-dollar "
." Might the bank like to bring back the
programmer it recently helped put in prison
? As the old expression goes, often
a change is as good as arrest
Today in economics, consensus calls for an increase in The
Conference Board's July leading indicators index at 10:00 a.m.
Eastern. In earnings action,
Abercrombie & Fitch
China Zenix Auto
(SHLD) are all due to report results.
(CRH): The cement stock gets slashed to Sell from Hold at SociÃ©tÃ©
(FUL): Longbow lowers the specialty chemicals company to
Underperform from Neutral.
John Wood Group
(WDGJF): The British engineering outfit gets downgraded to Neutral
from Overweight at HSBC Securities.
(NIHD): Morgan Stanley moves the wireless communications company to
Underweight from Equal-Weight.
(TGT): Triple trouble for the retailer, which slumped 3.61% on
Wednesday after its Q2 earnings announcement. Today it is taken to
Buy from Strong Buy at ISI Group, Neutral from Buy at Janney
Capital, and Underperform from Market Perform by William Blair.
(TI): SociÃ©tÃ© GÃ©nÃ©rale cuts the company to Hold from Buy.
Vanguard Health Systems
(VHS): Shares are reduced to Sector Perform from Outperform at RBC
New Stock Coverage: Time to Hit the Brakes on Tesla
Stock Upgrades: If It's Thursday, Microsoft Corporation
Must Be Back in Favor