Shares endured their single worst session of the year as a
Patriots' Day tragedy in Massachusetts made everything else
Investigators are now focusing their attention on
the suburb of Revere
, named for an icon of Boston. Paul did not, as is popularly
assumed, actually say "The British are coming," but the words of a
recently departed British Prime Minister do carry special resonance
this morning. In 1984, hours after surviving an assassin's bomb in
Brighton, Margaret Thatcher took to the stage to say that "This
attack has failed." And indeed "
All attempts to destroy democracy by terrorism will
Elsewhere gold endured its steepest slide since January 1980, the
month that Jimmy Carter announced an American boycott of the Moscow
Olympics as Miracles on Ice and Cold Wars raged. (Good thing
there's no danger of history repeating, eh?
) nosedived 9.47% after a failed attempt to send
The Witch Is Dead
made its backers, and not the Iron Lady, look faintly
. Toto, it's actually terrific we're not in
) any more, after a
saw it fall 5.48%.
Today sees quarterly earnings season start in earnest, with
Johnson & Johnson
(YHOO) among a multitude of companies releasing results.
): ING Group gives the stock a Buy-from-Hold boost.
(ALK): ALK is lifted to Buy from Hold at Deutsche Bank.
DCT Industrial Trust
(DCT): The industrial Real Estate Investment Trust is raised to Buy
from Neutral at Bank of America-Merrill Lynch.
): The film studio, whose past offerings have included
Kung Fu Panda
, is increased an unusual 180 degrees (Buy from Sell) at B. Riley
Caris. The broker, which also takes its target price up to $23.00
from $14.50, would advise purchase ahead of
How to Train Your Dragon 2
(GBX): Sterne Agee gives GBX a Buy-from-Neutral upgrade.
(ODFL): JPMorgan takes the truck stock to Overweight from Neutral.
(OC): OC is now Buy from Neutral at Citigroup.
Pioneer Natural Resources
(PXD): The stock is hoisted to Hold from Sell at Canaccord Genuity,
which highlights production growth expectations in its Spraberry
field among other areas.
(PNFP): Shares get a Buy-from-Hold boost with Wunderlich, which
highlights solid loan growth and an attractive relative valuation.
The price objective, previously $23, increases to $26.
(S): The stock, yesterday's top
(^GSPC) performer with a 13.50% increase, is now Overweight from
Neutral at JPMorgan.
(TMO): Mizuho moves TMO to Buy from Neutral, taking its target
price up by $10 to $90 on a name it says should benefit from its
acquisition of high-margin
(VMC): Shares get upgraded to Buy from Neutral at Sterne Agee.
New Stock Coverage: Time to Shop at Wal-Mart
Stock Downgrades: Strayer Education Sent to Back of