The bull exited China's shop in a big way, with Shanghai
officially entering a bear market to unleash pandemonium on
equities worldwide. Furrowed brows were the order of the day from
, and that was even before
) imploded 11.55% to lead the
On the bright side,
private investigators used to quite literally regard
) as trash
, ended up after a strange-bedfellows cloud-computing agreement
with its erstwhile rival.
Today in economics, May new home sales and June consumer confidence
are each out at 10:00 a.m. Eastern. On the corporate front,
Barnes & Noble
Smith & Wesson
(WAG) are all due to announce earnings.
ARM Holdings plc
(ARMH): Shares are showing strength in London this morning after
Investec gave the chip stock and
(AAPL) supplier a Buy-from-Hold boost.
Alamos Gold Inc
(AGI): Citing an attractive valuation and upcoming Turkish assets,
Cowen raises its rating to Outperform from Market Perform.
CME Group Inc
(CME): The exchange operator is upgraded to Neutral from Buy at
Hittite Microwave Corp
(HITT): Goldman Sachs gives the stock a Neutral-from-Sell upgrade.
HSBC Holdings plc
(HBC): Highlighting its "strong balance sheet [and] strong dividend
yield buttressed by plans for buybacks in 2014 and beyond,"
Deutsche Bank hoists its fellow financial firm to Buy from Hold.
Kinder Morgan Energy Partners LP
(KMP): Bank of America-Merrill Lynch lifts the limited partnership
to Buy from Neutral.
Lam Research Corporation
(LRCX): LRCX is lifted to Outperform from Underperform at CrÃ©dit
Agricole. Its price objective, previously $50, increases to $55.
Las Vegas Sands Corp.
(LVS): The casino company is now Buy from Hold at Craig Hallum,
sending it up before the bell.
Royal Dutch Shell Plc
(RDS-A): BNP Paribas boosts the oil giant to Neutral from Sell.
Vodafone Group Plc
(VOD): The British telecom stock is now Buy from Neutral at Nomura,
sending it up in today's European trading.
(WAT): Goldman gives the firm a boost to Buy from Neutral.
New Stock Coverage: Nike, Inc. Just Keeps on Doing
Stock Downgrades: Netflix, Inc. Now Swimming