(^DJI) opened the week with a bad case of the Mondays,
little orphan Annie was right to remind us
, "The sun'll come out tomorrow." (Except, perhaps, for
), which slumped 13.72% in posting the
(^IXIC) poorest performance.) Blue chips gained for an astonishing
19th successive Tuesday, reaching new records in the process.
Tuesday lived down to its
reputation as being exceptionally unlucky in Athens
, where hometown hero
National Bank of Greece
) nose-dived 10.13%.
On this side of the Atlantic, however, it has become a license to
Generation X likely won't ever retire,
but Winona Ryder, whose
stands as eloquent testament to the grunge demographic, was right
), even if its stock is now longer
quite such a steal
after this morning's 19.39% surge.
This morning in economics, analysts expect an uptick in April
existing home sales at 10:00 a.m. Eastern. Fed head Ben Bernanke
testifies before Capitol Hill today, and the Federal Open Market
Committee releases minutes to its May 1 meeting at 2:00 p.m.
In earnings action,
American Eagle Outfitters
(TOL) are all due to report results.
(BMY): The drug company is now Buy from Neutral at Citigroup,
sending it up before the bell.
(CHK): Susquehanna boosts the equity to Positive from Neutral.
(COT): Shares are initiated with a Market Perform by BMO Capital.
(CREE): Sterne Agee lifts the lighting stock to Buy from Neutral.
): The staffing and outsourcing outfit, up 4.31% yesterday, gets a
Buy-from-Hold boost at Stifel this morning. The broker assigns a
$14 price objective on a stock it says has demonstrated impressive
renewal rates for its OpenWeb product.
(KND): The stock is hoisted to Positive from Neutral at
(OTCMKTS:RHHBY) A Buy-from-Neutral boost by Citi is sending the
stock up in overseas trading today.
(TEX): TEX is taken to Overweight from Equal Weight by Barclays.
(UBS): Keefe Bruyette slashes the Swiss bank to Underperform from
(VOLC): Shares are increased to Overweight from Equal Weight at
(OTCMKTS:VOLVY): The Swedish car company is now Neutral from
Underweight at HSBC Securities.
Stock Downgrades: Caesars Entertainment Stabbed in the
New Stock Coverage: Pepsi Poised to Pop