Birthday boy William Shakespeare
once warned us that "There is divine providence in the fall of a
sparrow." What on Earth, then, would the Bard make of
Twitter's Mountain Bluebird
stocks to briefly slide off a cliff
? Indeed it was a decidedly difficult day for our feathered
friends, what with
avian flu concerns
causing Kentucky Fried Chicken owner
) to drop 1.70%.
Back on terra firma, although anything but earthbound,
) jumped 9.80% to put it in the leading pack of all
(^GSPC) issues. Pointedly, however, it was the high heels of its
new footwear line
, and not the company's iconic handbags, that sent the stock
surging and sees it score an upgrade this morning. As Ms. Bradshaw
can attest from all those years in blingy Manolo Blahniks, getting
Carried away on such items can
result in some painful soul searching later on
Hump Day of peak earnings week is upon us with
Procter & Gamble
(ZNGA) among a multitude of companies releasing results.
(ARCC): JPMorgan moves the equity to Overweight from Neutral.
): Shares in the French insurance firm are up sharply in today's
European trading after Citigroup added it to their Europe Focus
List of favored equities.
(BHI): The oil services outfit gets an Outperform-from-Neutral
boost by Credit Suisse.
): Tuesday's high flier is today taken to upgraded to Buy from
Outperform at CrÃ©dit Agricole.
(CIT): Oppenheimer increases its investment opinion to Outperform
): JPMorgan moves the equity to Overweight from Neutral, sending it
sharply higher in Frankfurt this morning. An increasingly
attractive valuation, having lagged the market of late, is the key
(EBAY): Wells Fargo raises its recommendation to Outperform from
Market Perform amid impressive growth from its PayPal unit.
(HAL): The oil services outfit gets a Buy-from-Hold boost at
ITT Educational Services
(ESI): Shares are hoisted to Hold from Sell at Deutsche Bank.
Packaging Corporation of America
(PKG): BMO Capital moves the paper products powerhouse to
Outperform from Market Perform.
Red Robin Gourmet Burgers
): The fast food firm gets raised to Buy from Hold at KeyBanc.
(R): The stock gets upgraded to Outperform from Market Perform with
Wells, which believes Tuesday's 6.91% tumble provides investors
with an attractive entry point. Accordingly, shares are rebounding
somewhat ahead of the open.
New Stock Coverage: Bulls Run on Matador
Stock Downgrades: Apple Gets Totally Turned Over