With equities going to Pluto, how appropriate that
topped the box office
. Especially as
) - upgraded this morning after surging some 6.3% last week - has
had as its spokesman Captain Kirk. William Shatner, of course, used
to split infinitives ("
to boldly go…
") as effortlessly as his company was once - hard as it may be to
believe now - compelled to
reverse split its stock
to stay alive. The
S&P 500 Index
(^GSPC) advanced another 2.07% to a new record, with
) jumping $28.95 to finish above $900 for the first time. No wonder
couple of middle-age folks are willing to
there for free
. Generation X will
likely never be able to retire
but ex-Google employee Marissa Mayer is making many rich further
down the age scale. Fresh from
handing a teenager $30 million
paid $1.1 billion for a firm owned by a
. Bullion fell 5% and is now down for seven straight sessions, its
worst run since March 2009. To paraphrase what Simon and Garfunkel
once said of Joe DiMaggio, "Where have you gone,
? A long-suffering commodity complex turns its lonely eyes to you."
No top-tier economic data due today, but earnings announcements are
expected out of
Qihoo 360 Technology
(ABT): Goldman Sachs gives the medical device maker a
(ACN): The consulting giant is now Buy from Neutral at Goldman.
(IBKC): Stephens increases IBKC to Overweight from Equal Weight.
(JCP): A temporary reprieve for the recently-troubled retailer,
today taken to Buy from Hold at Maxim. Its target price, previously
$16.50, is taken to $27 to reflect a recent change in strategy
aimed at improving store traffic.
(NTES): NTES is now Buy from Neutral at Citigroup.
(NOC): CRT Capital raises the defense company to Fair Value from
Sell after its $4 billion share repurchase plan.
(P): The Internet radio outfit gets boosted to Equal Weight from
Underweight by Barclays. It "…has made significant progress in
improving its ability to monetize its growing mobile usage,"
analysts wrote in a note. Shares are higher as a result this
): The online travel firm, already up 28.74% in the past 12 months
having finished at a fresh 52-week peak on Friday, is this morning
hoisted to Buy from Hold at Deutsche Bank. The broker calls it the
"clear global secular winner" in its industry.
(TMUS): Deutsche Bank takes the telecom stock to Buy from Hold amid
an improvement in its operating momentum.
(WNS): Shares are upgraded to Buy from Neutral at Goldman.
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Stock Downgrades: Dunkin' Bull Run Done?