One year to the day after the
New York Stock Exchange was barricaded by
knows all about those
, scored a
. Yet its stock still tumbled 2.49%, providing redundant proof that
history never repeats exactly. There was, however, history aplenty
in the air yesterday, as the
S&P 500 Index
(INDEXSP:.INX) attained another all-time best. Ironically, its
single best performer was
so instrumental to Superstorm Sandy clean-up
. It surged 12.44%, and gets upgraded this morning.
taking its cue from the land of the matador
, opted for a
46-minute midday siesta
. You still can't kill its bull market though; the tech-heavy
bourse rose for a fifth straight session to stand at levels not
seen since September 2000. Sweet treat
) gained 0.76% to hit a historic high ahead of Halloween. This as
) jumped 2.62%. Given that fully
40% of our corn crop goes to make ethanol
, it's a wonder the confectionery company has any left over to make
its Candy Corn Kisses.
This afternoon, the Federal Open Market Committee concludes its
two-day policy meeting. Hump Day of another busy quarterly earnings
week is here, with
(V) all due to release results.
(ADC): The property manager is increased to Outperform from Market
Perform at Raymond James.
(BIDU): Brean Capital and Jefferies both boost the Chinese Internet
outfit to Buy from Hold, the latter with a relatively aggressive
price objective of $222.
(BP): Its 2010 Gulf of Mexico oil spill fiasco an increasingly
distant memory, shares rose 4.99% yesterday in their single best
session since January 2011. Today the stock is showing further
strength in London on an
-earnings upgrade to Buy from Hold at SociÃ©tÃ© GÃ©nÃ©rale.
(EA): The video game titan, which
just jettisoned Tiger Woods
, is today taken to Strong Buy from Hold at Needham. Its stock,
already up 102.60% in the past 12 months, is adding on another
7.75% as we speak.
(FB): BTIG Research raises its recommendation on the social
networking name, which releases its quarterly earnings today, to
Buy from Neutral with a $68 price objective. Shares are,
accordingly, trading higher this morning.
First Busey Corporation
(BUSE): BUSE is boosted to Outperform from Market Perform at FBR
Capital, whose price objective increases to $6.25 from $5.50 on
account of the company's impressive loan growth.
(LSI): Shares are moved to Overweight from Equal-Weight at Morgan
(MAS): More good news for the stock, which jumped 2.63% yesterday.
This morning Raymond James juices its rating to Market Perform from
(MWV): The packaging powerhouse, which plunged 9.39% yesterday, is
upgraded to Buy from Outperform at CrÃ©dit Agricole.
(NKE): NKE is now Overweight from Equal-Weight at Morgan Stanley.
(TRI): The financial media giant,
fresh from announcing 3,000 layoffs
, is lifted to Outperform from Sector Perform at RBC Capital. Its
target price, previously $35, increases to $40 amid
better-than-expected operating results.
(NYSE:XY): Shares, trading at post spin-off peaks, are now Neutral
from Underperform at DA Davidson.
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