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New Stock Coverage: This Is Time Warner's Moment in the Sun
Compared with what happened exactly half a decade earlier, when
Alan Greenspan told a US House committee the United States was "
in the midst of a once-in-a-century credit
," October 23, 2013 was a walk in the park. Still, the
S&P 500 Index
(INDEXSP:.INX) did snap a streak of four straight records amid some
iffy earnings announcements. Not, however, by
) which rose 5.34% to best all
(INDEXDJX:.DJI) issues in ending at a historic high.
was a well-reviewed play about the "
Coffee, tea, or me?
" era in the sky, and java giant
just bet big on the middle option
. As Germany's "iron chancellor" seethed at snooping, America's
largest iron ore outfit
Cliffs Natural Resources
) cratererd 2.86% in a slumping commodity sector. And a new study
showed many of us
plan to work until we die
. Based on
Jacko's beyond-the-grave earnings
, it's not a bad idea.
The single busiest session for third quarter earnings is upon us, with Amazon.com ( AMZN ), Credit Suisse ( CS ) Dow Chemical (DOW), Ericsson (ERIC), Ford (F), Microsoft (MSFT), 3M Co (MMM), Under Armour (UA), Western Digital (WDC), and Zynga (ZNGA) all due to announce results.
Apollo Global Management (APO): Shares are initiated with a Sector Perform at RBC Capital, whose target is $35.
Baltic Trading (BALT): The stock is a new Outperform at Imperial Capital, whose price objective is $7.
Goldcorp (GG): The commodity company gets begun with a Buy at Canaccord Genuity.
Home Bancshares (HOMB): Sterne Agee has a new Neutral on HOMB.
Lemaitre Vascular (LMAT): LATM is launched with a Buy at The Benchmark Company.
Madison Square Garden (MSG): Guggenheim gives the company a Buy rating.
Media & Entertainment : Guggenheim has a Buy on Time Warner (TWX) and CBS Corp (CBS). Its new Neutrals include Viacom (VIAB) and Walt Disney (DIS).
Pharmacy Stocks : CVS Caremark (CVS) is an Outperform at FBR Capital, which has a new Perform on Walgreen (WAG).
Tahoe Resources (TAHO): Shares are initiated with a Buy at Canaccord Genuity.
(See also: Stock Downgrades: Caterpillar Still in the Doghouse and Stock Upgrades: Goldman Given a Blankfein Check )