Wall Street's gravy train, much like many of its unfortunate
Connecticut-based worker bees
, was suddenly derailed. Not quite a crash, but the
(^DJI) hitherto very merry month of May did hit a speed bump on
social networking purchase
didn't exactly exude a sixth sense, rose six cents after paying
$1.1 billion for a firm with revenue of $13 million.
) surged 70.37% after record first quarter sales to Tokyo; hard to
China and Japan are currently at daggers drawn
. Sunlight, if not daggers, can kill off Dracula, but
) appears utterly indestructible. Neither a front cover
sending its spokesman careening off a cliff
could prevent it jumping 3.54% to a fresh 52-week peak on a
No top-tier economic data due today, but expect earnings
announcements out of
Dick's Sporting Goods
): AMT is increased to Outperform from Neutral at Macquarie.
(BLK): Macquarie moves the money manager to Outperform from
(CNW): The trucking stock is taken to Buy from Hold at Wunderlich,
whose target price goes to $45 from $37. Line-haul efficiency plans
should soon start to exert a positive impact, the broker believes.
(CBST): The stock, fresh from yesterday's 8.02% advance, is hoisted
to Hold from Sell at Cantor Fitzgerald, which says generic Cubicin
competition may be less onerous than that experienced by comparable
products. Its price objective, previously $40, is now $49.
(FCH): Suntrust Robinson Humphrey lifts the equity to Buy from
(ICE): ICE is increased to Outperform from Neutral at Macquarie.
(SF): Shares are moved to Market Perform from Underperform with
T. Rowe Price
(TROW): TROW gets an Outperform-from-Market Perform boost by
Sanford Bernstein, sending shares up ahead of the open.
(URBN): Shares are added to the Best Ideas List at Janney, which
also increases its price objective by $3 to $52. Catalysts include
a good growth strategy and product improvement.
(WTSL): KeyBanc Capital boosts the company to Buy from Hold.
New Stock Coverage: Future Sunny for Sony
Stock Downgrades: Carnival Set to Sink