Bill Gates of
"Money Honey" sobbed
as she said goodbye. And a
after he was caught using cocaine (causing one wit to take to
) and declare, "Drug user tearfully admits to being a member of
Congress"). They must all be crying all way to the bank, even
JP Morgan "Chastened"
), which jumped 4.7% even as it handed over another $13 billion.
(INDEXDJX:.DJI), now above 16,000, and
S&P 500 Index
(INDEXSP:.INX) each rose to records as US stock markets continued
their inexorable ascent. It seems nothing can stop equities at the
dangerous ice problem
? No worries.
Landing at the wrong airport
? All in a day's work. Being inadvertently
embarrassed in an advertising campaign
? Oh please, small potatoes. Amid all this,
) still hit the highest level in its history last week, having now
advanced 85.88% in a year.
Bookstores are making a comeback
but there was no such luck for
), which fell 5.7% on the week, nor for Ireland's biggest bookmaker
(OTCMKTS:PDYPF), which tumbled 12%. As late as August,
it still had Larry Summers as odds-on favorite to
become Fed head
In terms of economic events that may move US markets this morning,
at 10:00 a.m. Eastern, October pending home sales are expected to
post an improvement from September's pace. Regarding specific
Palo Alto Networks
Qihoo 360 Technology
(WDAY) are all due to release quarterly results.
(AA): Alcoa gets a Buy-from-Neutral boost at Goldman Sachs, which
cites the commodity company's "solid position in growing
value-added and high-margin aluminum products for the aerospace and
automotive industries." Alcoa stock is up impressively this morning
as a result.
(BLMN): Raymond James raises the owner of Outback Steakhouse to
Outperform from Perform.
(CAT): Bank of America-Merrill Lynch lifts Dow component
Caterpillar to Buy from Neutral. Its price objective on
Caterpillar, previously $87, increases to an even $100.
(OTCMKTS:ESYJY): The budget European air carrier is increased to
Buy from Hold at Jefferies.
(FINL): Finish Line is upgraded to Neutral from Underperform at
Sterne Agee and to Positive from Neutral at Susquehanna. Finish
Line stock, up 24.41% in a year, hit a fresh 52-week peak earlier
(GFI): GFI gets upgraded to Neutral from Underperform by Bank of
(GDOT): Jefferies juices GDOT to Buy from Hold.
(HTLD): HTLD is hoisted to Outperform from Perform at RBC Capital,
which also takes its target price up by $5 to $21 amid an
impressive recent acquisition.
(RRD): Benchmark Company boosts the stock to Buy from Hold with an
increased objective of $21 on account of potential merger
Smith & Nephew
(SNN): Shares are now Outperform from Market Perform at Sanford
(SYK): Bernstein moves the medical device maker to Outperform from
Stock Downgrades: Campbell Soup Stock Is All Out of
New Stock Coverage: Goldman Sachs, Still Doing 'God's
Work,' Sees Church & Dwight Heading Heavenward