If misery loves company, maybe
would be better off together as Smug Marrieds, for each endured an
awful Monday as Singletons. The failure of an 11th hour deal saw
the government shut down at midnight and took equities down with
it. Among stocks on the move,
) lost 1.24% ahead of an
expensive lunch date between its CEO and Uncle
. (Clearly, such events can be burdened by too many Cooks.) On
this, the birthday of our peanut farming president, one
) was on the menu, with that stock riding a
to buck a bad tape and end up. Best to spare the
) from those PB&J sandwiches, however. Its
shed $5.50, or a buck more than more
its CEO is attempting to eat on
) rose 0.43% - that and a dollar will
get you an 80% pay raise
Today in economics, a slippage is seen in both September's
Institute for Supply Management's manufacturing index and August
construction spending, each out at 10:00 a.m. Eastern. In earnings
(WAG) are all due to report results.
(AFL): FBR Capital increases the insurance outfit famous for its
to Outperform from Market Perform on account of yen repatriation
among other favorable factors. Its price objective, previously $60,
goes to $71.
(ARG): Global Hunter hoists the chemical company to Buy from
Neutral and also takes its target price to $130 from $107.
(BBT): The regional bank is raised to Outperform from Perform with
a $40 objective at Oppenheimer, which sees headline risk abating.
(BPO): Citigroup gives the stock, up sharply on Monday, an increase
to Neutral from Sell.
(CRI): Just in time for
Jimmy turning 89 today
, Goldman gives his namesake company a Buy-from-Neutral boost.
Computer Task Group
(CTG): The information technology services stock gets raised to Buy
from Neutral at B. Riley & Co.
(CREE): Canaccord Genuity gives the light emitting diode (LED) firm
a Buy-from-Hold hoist. Its objective also increases, to $80 from
(DECK): The maker of Ugg boots is now Buy from Hold at Canaccord,
which takes its target up by $25 to $80.
(FE): Jefferies juices the electric utility to Hold from
Underperform and also increases its price objective to $36.50 from
(HRB): The tax titan is showing strength this morning after Morgan
Stanley moved its stock to Overweight from Equal-Weight. Affordable
Care Act implementation is viewed as a catalyst for the company.
(NKE): Argus increases the sneaker stock and new
(INDEXDJX:.DJI) member, trading atop historic highs, to Buy from
(NOK): Bank of America-Merrill Lynch adds the surging stock to its
Most Preferred Tech List.
(FLWS): Shares get upgraded to Buy from Hold by Brean Capital.
Portland General Electric
(POR): Deutsche Bank boosts the utility to Buy from Hold.
Black & Decker
(SWK): Longbow lifts the tool legend to Buy from Neutral.
(TMUS): The telecom name is taken to Outperform from Perform with a
$32 target at Oppenheimer, which hails its improved postpaid churn
(UA): JPMorgan moves the athletic apparel firm to Neutral from
Underweight with an amended price objective of $77. Domestic
footwear and womenswear are seen propelling sales, and the stock is
up this morning as a result.
(WRLD): Citing its improved fee structure, FBR Capital moves the
credit services stock to Outperform from Market Perform and also
takes the target price up by $15 to $105.
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