Early buzz about
The Wolf of Wall Street
centers on the
enjoyment its characters derive from dwarf
. Yet with the small cap
Russell 2000 Index
(^RUT) having just hit the highest level in its entire history,
investors would be well advised to think twice before similarly
throwing away anything tiny. (And one only hopes the movie doesn't
depict a wolf in sheepskin clothing, what with Ugg maker
) falling 1.82% even as the
(^DJI) again rose by triple-digits.)
The Fed official who removed his foot from his mouth long enough to
) are keeping inflation low
may have had a point. For food costs came in at their tamest level
in years. Let them eat cake, then, or at least
), which rose 0.98% to a new best.
) tumbled 3.01% amid all the ebullience, as it dawned on investors
that - contrary to legend - Jimmy may not in fact be
buried in its principal product at Giants
This afternoon the Federal Open Market Committee concludes its
two-day monetary policy meeting, to be followed by Ben Bernanke's
press conference. In earnings action, expect announcements out of
Hennes & Mauritz
Adobe Systems Incorporated
(ADBE): The maker of Acrobat, Flash, and Photoshop - jumping 5.17%
before the bell on Q2 earnings that beat Street estimates - is
lifted to Buy from Neutral at Bank of America-Merrill Lynch.
(BLL): Shares are raised to Outperform from Neutral by Robert W.
Baird, which also takes its target up by $2 to $50. The broker
believes that company fundamentals have firmed, particularly in
CEMEX SAB de CV (ADR)
(CX): Barclays boosts the Mexican cement company to Overweight from
National Grid plc (ADR)
(NGG): NGG gets moved to Buy from Neutral at Bank of
Reinsurance Group of America Inc
(RGA): Shares are raised to Outperform from Market Perform at Keefe
Rio Tinto plc
(RIO): The miner is added to Citigroup's Favored Stock List.
(SONC): Morgan Stanley moves the drive-in restaurant stock to
Equal-Weight from Underweight.
Tanger Factory Outlet Centers Inc.
(SKT): Shares are now Neutral from Sell at Goldman Sachs.
Toll Brothers Inc
(TOL): Argus hoists the luxury homebuilder to Buy from Hold with a
$42 target amid optimism over its backlog growth.
United Natural Foods, Inc.
(UNFI): Piper Jaffray juices its investment opinion to Overweight
New Stock Coverage: The Coca-Cola Company Poised for Nice
Stock Downgrades: American Eagle Outfitters Gets Its