Little wonder that toy titan
(MAT), up 1.86% to finish at a fresh 52-week peak, bucked a brutal
day in equities. After all, yo-yos are suddenly all the rage on
Wall Street. The
(^DJI) has now moved in triple-digit directions for three straight
sessions, having slumped on Monday, surged on Tuesday, and slid on
Wednesday. (Thursday morning looks up as we speak.)
As Britain buried an iconic grocer's daughter, English supermarket
) tumbled 4.71% after announcing its first loss for 20 years. But
its American equivalent
(FWM) fared far better, jumping 33.46% to top the
(^IXIC) on its first day of trading. Continuing our journey along
the produce aisle,
(LULU) gained 1.87% on a
(AAPL) is now distinctly low-hanging fruit after falling 5.50%.
Former German Chancellor Helmut Kohl once famously said, "
Margaret Thatcher always gave me headaches
," but Maggie always gets the last word. Yesterday the Fatherland's
own Aspirin maker
) tumbled 5.77%.
Today in economics, April's Philadelphia Fed Index and March
consumer confidence are each out at 10:00 a.m. Eastern. On the
African Barrick Gold
Chipotle Mexican Grill
International Business Machines
(VZ) are all due to release results.
(AYI): Shares are now Outperform from Market Perform at Northland
(ASML): The semiconductor stock, up sharply before the bell, is
increased to Buy from Hold at Deutsche Bank.
Cabot Oil & Gas
(COG): Bank of America-Merrill Lynch lifts the stock to Buy from
Cathay General Bancorp
(CATY): Shares are boosted to Outperform from Market Perform by BMO
(CLB): The stock is upgraded to Hold from Trim at Tudor Pickering.
(FTI): FTI gets taken to Outperform from Sector Perform at RBC
(FIO): Stifel increases its investment assessment to Buy from Hold.
(HFC): Bank of America-Merrill hoists HFC to Buy from Neutral.
): The Italian gaming firm gets upgraded to Outperform from Neutral
by BNP Paribas.
(NU): NU is now Buy from Neutral at UBS.
(SE): Shares are upgraded to Overweight from Neutral at Atlantic
State Auto Financial
(STFC): The stock gets moved to Market Perform from Underperform by
(TXT): The firm, whose stock tumbled 13.42% yesterday, is today
taken to Overweight from Neutral at JPMorgan.
United Parcel Service
): RBC Capital, which this morning cut competitor
(FDX), raises its package delivery rival to Outperform from Sector
Perform. Shares touched a fresh 52-week peak earlier in April.
WNS (Holdings) Limited
(WNS): The Bombay-based outsourcing outfit is upgraded to
Outperform from Market Perform at William Blair.
New Stock Coverage: Travelers on Road to Riches
Stock Downgrades: Krispy Kreme Disappears Down Doughnut