Waldorf salad, invented in 1896
, had a decent day. If only the
(INDEXDJX:.DJI), which arrived on the scene in the same year, could
say the same.
), owner of the iconic New York hotel, enjoyed a 7.50% surge on its
trading debut but the stock market's salad days have recently
received a serious dressing down. Naked short sales? Not quite, but
), owner of Victoria's Secret lingerie, dropped despite receiving a
. At a fashion show this week, its angels (presumably the
ones that so distracted the sign language
at Mr. Mandela's memorial service)
paid homage to Paris
. Paris Hilton's already bulging bank account hardly needs any more
help, unless she invests in
), whose pants have allowed all and sundry to "
." It imploded 11.65% yesterday and today gets cut at Credit
There are no quarterly earnings announcements of note, but the
Fed head inauspiciously turns 60 on this Friday the
. Ahead of next week's critical FOMC policy meeting, the market
his birthday party punch bowl
to remain overflowing for a wee while yet.
): (Hat tip to a
fine oil film
for today's title.) Shares, imploding some 11.86% as I write this
article, get downgraded to Neutral from Buy at Citigroup. JPMorgan
(Underweight from Neutral) and Global Hunter Securities (Neutral
from Buy with its price target taken to $106 from $133) add to the
agony. Morgan analysts wrote in a note that "lingering uncertainty
will cause [Anadarko Petroleum] stock to underperform," following a
negative legal ruling involving its Kerr-McGee unit.
(OTCMKTS:AAUKY): Deutsche Bank cuts the company to Hold from Buy.
): On a decidedly difficult day for the oil patch, the British
petroleum firm notorious for its Gulf of Mexico spill in 2010 gets
slashed to Neutral from Buy at UBS.
(OTCMKTS:IBDRY): Concerned about under-appreciated political
headwinds, Goldman Sachs slashes the Spanish energy giant to Sell
): More bad news for Lululemon Athletica, whose slumping stock is
now down 18.66%, even in the bull market of the past year. Shares
are falling further as we speak after getting taken to Neutral from
Outperform at Credit Suisse.
(RH): Restoration Hardware stock, a relatively recent initial
public offering, sees its rating reduced to Neutral from Overweight
at Piper Jaffray.
(UTX): The maker of Otis elevators, a
(INDEXDJX:.DJI) member, could itself use a lift this morning.
Shares are exhibiting weakness ahead of the opening bell after
being moved to Market Perform from Outperform by William Blair.
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