A week that
began with Tumblr
is ending with
I'll Tumble For Ya
. Stocks slid for a second straight session amid Tokyo troubles and
fears here of a hard landing for quantitative easing. Bucking a bad
day for blue chips,
) surged some 17.10%. Its $3.63 advance took it above
$24, the price paid for the entire isle of
on this very date in 1626. (Sorry Meg, but Mr. Minuit may have you
beat there, especially adjusted for inflation.) Hot dog heavyweight
) franks fell 3.40% even as it
reopened in Coney Island
. Thus does a bad week for Weiners conclude, as
Anthony's Pittsburgh mix up
promptly sent Steel City's own
) plunging 1.73% to post the
(^DJI) poorest performance.
Ahead of the long Memorial Day weekend, the bond market is
scheduled to close early. On the corporate front, expect quarterly
earnings announcements out of
Abercrombie & Fitch
Destination XL Group
Tsakos Energy Navigation
(ADS): Shares are upgraded to Outperform from Market Perform by
(DDR): Jefferies raises the retail Real Estate Investment Trust to
Buy from Hold.
(GMAN): GMAN gets an Overweight-from-Neutral upgrade at Piper
(NVO): The Danish drug stock is now Buy from Neutral at Natixis.
(P): Shares, currently up 18.44% before the bell following
impressive first quarter earnings, get increased to Outperform from
Sector Perform at RBC Capital. Mobile monetization offers promise
for the Internet radio outfit.
Procter & Gamble
): A changing of the guard that sees AG Lafley return as CEO
prompts UBS to boost the
(^DJI) member to Buy from Neutral. Its brands include Crest,
Gillette, and Tide. In what looks like a weak overall open in
equities, its shares are up about 2.92% as I write this morning.
RTI International Metals
(RTI): Citigroup adds the stock to its Top Picks Live list.
(SHW): Robert W. Baird raises its recommendation on the paint
powerhouse to Outperform from Neutral with a $205 price objective
(up from $180) after yesterday's constructive analyst meeting.
(WEN): Janney Capital juices its investment opinion on the fast
food firm to Buy from Neutral.
(WLL): Shares are now Buy from Neutral at Suntrust Robinson
New Stock Coverage: Look at LeapFrog Jump
Stock Downgrades: Rue21 Exits Easy Street