On a day
dominated by Third Point
(^GSPC) set a new record by one point. Not that all stocks shared
in the ebullience. Indeed, thanks to the actions of the aforesaid
) fell 4.29% to turn in the index's poorest performance. Marissa
Mayer, who revealed she was pregnant on the day of her hiring, and
revamped the tech firm's
maternity policies nine months into her tenure
, should surely have overseen a better showing to greet the royal
birth. (Then again,
her heritage is from Finland
, and Kate Middleton likely cared not a jot for the
country's awfully odd baby gifts
.) We still don't know the name of the spare heir, but can say with
certainty that he is unlikely to be
burger-flipping at age 92 to make ends meet
. Such a fate has befallen an Iowa employee of
), and her pension plan deserved far better than a
(^DJI)-worst 2.68% drop in that stock.
Silva saved Portuguese equities
and gold surged 3.2% for its best day in over a year. Indeed
) gained 9.54% as an analyst
started the stock at "Overweight."
On hearing this,
Dubai had bullion at "hello."
A quite quiet week in economics continues, with no top-tier data
due this morning. By contrast, this is the single busiest spell for
Q2 earnings announcements, with
Discover Financial Services
United Parcel Service
(UTX) all among companies reporting results today.
(BHI): The oil services outfit is upgraded to Outperform from
Perform at Cowen, which also increases its price objective by $7 to
$57. Earnings demonstrated strength in the Gulf of Mexico, while
pressure pumping gains also augur well.
(CWEI): Shares are moved to Market Perform from Underperform at
(FIS): FIS is now Neutral from Underperform at Credit Suisse.
(HAS): Needham takes the toy titan to Buy from Hold, establishing a
$52 target price after Q2 results showed its Games and Girls
segments were up by double digits.
(HSY): Citigroup adds the confectionery company to its Top Picks
(LII): Global Hunter Securities gives the diversified machinery
firm a Buy-from-Accumulate lift.
Navios Maritime Partners
(NMM): The nautical name is now Overweight from Neutral at
(PHG): JPMorgan moves the equity to Overweight from Neutral.
Texas Instruments Incorporated
(TXN): The analog chip maker, up about 2.89% ahead of the open on
an upbeat earnings outlook, is taken to Neutral from Reduce at
(TSS): The stock gets increased to Outperform from Neutral at
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