, and Anthony's
, each endured days to forget, but elsewhere it was high-fives all
around for investors, with the
S&P 500 Index
(INDEXSP:.INX) advancing for a seventh straight session. The
company co-created by Steve Jobs slid 5.44% as a
rash of ratings reductions
, illustrated how far the firm has fallen from its historic high
last September. That same month, it turns out, marked the nadir for
), but its torrid times from 12 months ago are now but a nasty
nightmare. Shares surged a further 3.30% to an all-time peak amid
speculation that a trip to China by its COO hints at something big.
Let's hope so. The last time such fevered speculation accompanied
one of the company's key executives abroad, it turned out
Mark Zuckerberg only journeyed to Hungary to check
out its dogs
. If Sheryl Sandberg is merely blazing the same tease-worthy trail
in Shanghai, she will be in some serious Shih Tzu.
In today's earnings action,
(ULTA) are all due to report results.
(ALL): Citing a favorable industry backdrop, Wells Fargo moves the
insurance outfit to Outperform from Market Perform.
(CFNL): Shares get upgraded to Outperform from Perform at Keefe
Bruyette. The price objective, previously $18, increases to $20.
(CSH): JMP Securities increases the equity to Outperform from
(CTCT): The marketing services name is now Buy from Neutral at
(ECA): RBC Capital Markets raises the oil and gas company to
Outperform from Sector Perform.
Harmony Gold Mining
(HMY): JPMorgan hoists the commodity company to Overweight from
(PLCM): The video conferencing company gets taken to Outperform
from Market Perform at Raymond James.
Portland General Electric
(POR): KeyBanc gives the utility a Buy-from-Hold boost.
(WEN): The fast food firm is hoisted to Buy from Hold with a $10
target at Argus, which has high hopes for both better value
offerings and restaurant remodeling.
(ZNGA): Evercore increases the gaming company, whose offerings
Words With Friends
, to Equal Weight from Underweight. Reasons for optimism include
increasing user engagement and shares are, accordingly, showing
strength ahead of today's opening bell.
New Stock Coverage: Rock-Tenn, Paper Stock, Beats
Stock Downgrades: Is Netflix Revenue Stream Up a