Until someone finally wins that
elusive $475 million jackpot
, Wall Street will do just fine. Another day, another new record
(^DJI), though there were still some losers amid the inexorably
rising tide in equities. The hedge fund honcho who just called this
My Cousin Vinny
" must have had
Marisa Tomei's memorable
in mind, for the tractor titan suffered a similarly gruesome fate
in falling 4.40%.
Trading was also murder on
), which imploded 1.47% even after
being boosted by
. It owns the 21 Club, which opened as a speakeasy in 1922, the
The Great Gatsby
was set, and moved to its current location in 1929, the year his
opulent era came crashing down. Can history repeat?
Yes, it Cannes
This morning in economics, analysts forecast an improvement in
May's Philadelphia Fed Index at 10:00 a.m. Eastern. Quarterly
earnings announcements continue to roll in, with retailers coming
increasingly to the fore. Today's results are expected to include
Molson Coors Brewing
(TAP) ($60 target price) all get Buy-from-Hold boosts at Stifel.
): The stock is boosted to Buy from Fair Value with a $29 price
objective at CRT Capital. Operational improvements and better
market conditions each augur well, the broker believes.
(CNW): The transportation company gets a Hold-from-Underweight
hoist at BB&T Capital.
(BUSE): Keefe Bruyette raises the regional bank to Market Perform
(F): Amid an improvement in the car company's European operations,
Craig-Hallum boosts the stock to Buy from Hold.
(OTCMKTS:GXYEY): Shares get juiced to Hold from Sell at Jefferies
(PANW): Morgan Stanley moves the stock to Overweight from
Equal-Weight, sending it up ahead of the open.
(ROSE): Shares are lifted to Outperform from Market Perform with
(SPWR): Shares are upgraded to Outperform from Neutral at Cowen.
(OTCMKTS:TYEKF):The German conglomerate gets upgraded to Buy from
Hold at SociÃ©tÃ© GÃ©nÃ©rale.
New Stock Coverage: Stillwater Pockets Run Deep
Stock Downgrades: SodaStream Up Creek Without