Nuts to the Squirrels, if I may slightly misquote the
Jennifer Aniston and Owen Wilson movie
currently being shot on the streets of Manhattan. The furry
creatures, having previously brought
(^IXIC) to its knees not
, must now be the prime culprit behind yesterday's mishap. How else
to explain a suspiciously well-timed 4.13% surge in
John B. Sanfilippo
), a purveyor of almonds, pecans, pistachios, and macadamias that
calls the tech-heavy index home?
Abercrombie & Fitch
) slid 17.67% in easily the
(^GSPC) poorest performance. Its CEO paid a belated price for only
cool and popular kids
." Bad idea, buddy. Jocks and cheerleaders may briefly rule the
roost, but life is long and as
Bill Gates can tell you
, nerds always get revenge in the end. (Geek Squads also ultimately
inherit the Earth, if
is any indication.)
This morning in economics, analysts expect to see a slight slippage
in July new home sales at 10:00 a.m. Eastern. On the earnings
Destination XL Group
(HIBB) are the pick of a quiet Friday for quarterly results.
(OTCMKTS:AHONY): The Dutch grocery giant, fresh from yesterday's
5.35% jump, gets upgraded to Outperform from Neutral by BNP
(ADSK): B. Riley & Co. boosts the design software stock to Buy
from Neutral. Shares gained 1.43% yesterday and are showing
additional strength ahead of this morning's opening bell.
(CTL): Shares are now Neutral from Reduce at Nomura.
(PLCE): The retailer is taken to Buy from Hold at Topeka after its
impressive Q2 earnings.
(EXLS): Citing a strong balance sheet, organic revenue growth
acceleration, and impressive industry fundamentals, Robert W. Baird
raises its recommendation to Outperform from Neutral. Its price
objective also increases, by $1 to $34.
(ING): Shares of the Dutch financial firm are up more than 1% in
today's European trading after being moved to Overweight from Equal
Weight at Morgan Stanley.
(KIRK): Wedbush hoists the home furnishings firm, up 10.52%
yesterday, to Outperform from Neutral.
(O): The retail Real Estate Investment Trust is lifted to
Outperform from Neutral by Robert W. Baird.
Simon Properties Group
(SPG): BMO Capital Markets raises the retail REIT to Outperform
from Market Perform on account of its "compelling" valuation.
: Alternative energy equities
(FSLR) and China's
(TSL) are each taken to Market Perform from Underperform at Raymond
(SUNE): Needham boosts the stock to Buy from Hold with an $11
target price, saying that its semiconductor business would be worth
in excess of $3 per share in any initial public offering.
(VMW): Jefferies juices its investment assessment to Buy from Hold
amid high hopes for both license growth and revenue acceleration.
New Stock Coverage: Bull Run Done on Dunkin Brands Group
Stock Downgrades: Guess?, Inc. Not Dressing Enough
Families in Corduroy and Denim