S&P 500 Index
(INDEXSP:.INX) snapped two-week slump, with Washington finally
coming to attention after the country irately asked of DC, "Who do
you think we are -- Athens?" (
You got that right
.) Our profligacy and approaching debt debacle caused China to say
world economy should be "de-Americanized"
which, coming from Beijing,
takes brass ones
. Janet Yellen was nominated to head the Central Bank. The Fed is
always accused of "fighting the last war" but, as an inflation
dove, she surely won't concern herself with that 1970s scourge.
Which conflict, then? Well, it couldn't be World War II, with that
monument currently closed
. Perhaps the Yom Kippur War, concerning which Twitter types again
140 characters will never be confused with a 140
. At least Meg Whitman, whose cautious tone at last year's
) analyst meeting caused its
stock to slump
, is a quick study. Her bullish comments at this year's confab,
lauded by equity analysts
, saw it surge 7.24%.
No economic data due today, and both banks and the bond market are
closed for Columbus Day, but the first full week of earnings season
Brown & Brown
J.B. Hunt Transport
Packaging Corp. of America
) all expected to release results.
Advanced Micro Devices
(AMD): Shares get upgraded to Outperform from Neutral with Wedbush.
(ALU): Barclays takes the French telecom firm to Overweight from
(AXP): The blue chip is boosted to Buy from Hold with an $85 price
objective at Buckingham Research.
(MT): The stock is up before the bell on an upgrade to Outperform
from Neutral at Macquarie.
(BPL): The limited partnership is lifted to Buy from Hold at
(DNKN): Shares are upgraded to Buy from Hold at Miller Tabak, whose
price objective increases to $53 from $46. A remodeling program
shows promise, the bank believes.
(CTC): The stock is now Buy from Hold at Deutsche Bank.
(GLUU): Shares, up 10.29% last week, get upgraded to Buy from
Neutral at B. Riley & Co. Its target price also increases, to
$3.75 from $2.75.
(H): ISI Group gives the accommodation outfit a Buy-from-Neutral
(IRM): Shares are raised to Outperform from Perform at Robert W.
Baird, which points to its roughly 4.3% divided yield.
(NOK): NOK is now Equal Weight from Overweight at Barclays.
(LINTA): Capping a
fine 24-hours for freedom
, shares are increased to Outperform from Market Perform with Wells
(NUVA): The stock is moved to Market Perform from Underperform by
(STJ): Shares get upgraded to Market Perform from Underperform at
(TXRH): TXRH is taken to Buy from Hold at Miller Tabak.
(TSS): Shares are upgraded to Outperform from Perform at JMP
(XPO): FBR Capital raises its rating to Outperform from Perform at
FBR Capital and takes its target price up by $12 to $30.
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