Not the most fitting
farewell for the New York Stock Exchange
, whose history began under a Buttonwood tree in 1792 and ended by
) bluebird skyward in 2013. Its last day as an independent entity
was notable only for light volume and stocks snapping a two-session
winning streak. The
(INDEXDJX:.DJI) dropped along with other US markets on a day that
saw some heavy losses. The
New York Times
), invited the car company to its annual DealBook conference. (The
scathing review occurred as far back as February, so perhaps Mr.
can not recall it
. Regardless, his stock still fell 4.77%.) Communist China
concluded its own confab, safe in the knowledge it will soon
overtake the heartland of capitalism
. Though you would never know it, based on the
paltry amount it just gave those poor citizens of
. And on 11/12/13, the year's top day to get married, Match.com
) gained 1.83% to a historic high. Because, while love hurts, it
isn't as painful as having an affair
In terms of economic events that may move US markets today, at 2:00
p.m. Eastern the Treasury's October budget deficit is seen
shrinking from September's figure. Regarding specific stocks,
earnings announcements are expected out of
(ATK): ATK is upgraded to Outperform from Neutral at Credit Suisse.
(HTLD): Shares are moved to Outperform from Market Perform with
(OTCMKTS:NHYDY): Citigroup increases the energy outfit to Neutral
(NS): The limited partnership gets lifted to Neutral from
Underperform at Credit Suisse.
NuStar GP Holdings
(NSH): NSH is now Neutral from Underperform at Credit Suisse
(QCOM): Chip stock Qualcomm is added to the Conviction Buy list at
Goldman Sachs. Qualcomm stock is up 11.18% in the past 12 months.
(RHT): Software stock Red Hat gets raised Overweight from Neutral
at Piper Jaffray. Red Hat stock has slumped 6.16% since November
(RIG): RIG is raised to Buy from Neutral at Guggenheim. Its price
objective, previously $56, increases to $70.
(X): US Steel is moved to Overweight from Equal-Weight at Morgan
Stanley, which cites improving profit margins. As a result, shares
of US Steel are up impressively ahead of this morning's opening
(WNR): Shares are now Buy from Neutral at UBS.
Stock Downgrades: How Now Brown Cash Cow? Dean Foods
Cries Over Spilled Milk
New Stock Coverage: Bottom Line, Lululemon Is No Longer
Flying by the Seat of Its Pants