Despite a brief wobble on Friday emanating from the G-20
gathering in that erstwhile Communist heartland of St Petersburg,
capitalism regained center stage last week. (To be fair, it was
good to be Cuban
, with Maverick Mark seeing his stake in
) jump 14.35%.
Castro? Not so much
, at least if you
)). Away from Mother Russia,
Americans are having babies again
and the tiny tots of
) saw that stock surge 13.21% after their banking subsidiary paid a
$100 million dividend to its parent company. (It always pays to be
nice to mom and dad, kids.)
Equities advanced on Labor Day week despite the labor force
participation rate falling to its
lowest level since 1978
. Yet "jobs" is not the four-letter word du jour; "porn" is. That
poor industry is being blamed for anemic employment
in August, this despite the release of a
love letter to Linda Lovelace
last month, and the casting having just been announced for
50 Shades of Grey
Marissa Mayer has always been more of a 41 shades of
blue kinda gal
, a color she should surely stick to after last week's lukewarm
response to the
company's new-old purple logo
Today in economics, analysts call for a contraction in July
consumer credit at 3:00 p.m. Eastern. In earnings action,
Palo Alto Networks
Pep Boys-Manny, Moe & Jack
(PVH) are all due to report results.
(BHI): The oil services outfit gets an Outperform-from-Market
Perform boost with Wells Fargo.
(BRCD): RBC Capital Markets takes the tech stock to Outperform from
British American Tobacco
(NYSEMKT:BTI): Shares are lifted to Buy from Neutral at Bank of
(ETN): The electronics firm is moved to Overweight from
Equal-Weight at Morgan Stanley.
(EOG): The independent oil and gas company is increased to
Overweight from Equal-Weight at Morgan Stanley.
EstÃ¨e Lauder Companies Inc
(EL): Citigroup gives a Buy-from-Neutral boost to the cosmetics
company, whose myriad other brands include Aveda, Aramis, and
(EXPE): Lazard lifts the online travel titan to Buy from Neutral
amid optimism over its strategic alliance with Travelocity.
LVMH MoÃ«t Hennessy Louis Vuitton
(OTCMKTS:LVMUY): Shares of the French luxury goods firm are now
Outperform from Neutral at BNP Paribas.
(MU): Susquehanna takes the tech name to Neutral from Negative.
(OTCMKTS:MURGY): The German insurance giant is showing strength in
today's European trading after getting taken to Buy from Neutral at
Bank of America-Merrill.
(NANO): Shares are now Overweight from Neutral at Piper Jaffray.
(NTAP): UBS increases its investment opinion to Buy from Neutral.
(OTEX): The equity is hoisted to Buy from Hold at Paradigm Capital.
(ZQK): The recently-surging stock gets raised to Outperform from
Neutral by Credit Suisse.
(THS): THS is taken to Buy from Hold at BB&T Capital Markets.
Stock Downgrades: Not Even John Stamos Can Save
New Stock Coverage: Downward Dog Days Are Over at