Ben Bernanke, who turned 59 yesterday, may not unfortunately possess anything like the predictive powers of today’s birthday boy Nostradamus
, but the Fed head could at least take some solace in the performance of his favorite newspaper
, the Washington Post
(WPO), which rose 1.49% in showing strength for a second straight day even as most stocks dropped.
Producer prices came in tame even as the government mulls a change to how it classifies inflation
. And why not? It tried to re-brand pizza as a vegetable
, and yesterday Domino’s
(DPZ) hit the highest level in its history.
Today’s earnings announcements are expected to include London Mining
(PINK:LIIGY), North West Company
(NWC), Ocean Power Technologies
(OPTT), Oxygen Biotherapeutics
(OXBT), and Rick’s Cabaret International
(PINK: AAUKY) The commodity company is now Neutral from Buy at UBS.
(AZN): Société Générale slashes the stock to Sell from Hold.
(NYSE:BP): Shares are lower in London on a downgrade at Credit Suisse to Neutral from Outperform, citing a lack of near-term momentum over two years after the Gulf of Mexico explosion.
(CIEN): CIEN is moved to Market Perform from Outperform at BMO Capital.
Ethan Allen Interiors
(ETH): The stock is downgraded to Hold from Buy at Stifel Nicolaus.
(XOM): The Dow
(^DJI) name is now Neutral from Buy at Goldman, which takes its target to $97 from $100.
(LEAP): LEAP is lowered to Perform from Outperform at Oppenheimer.
NASDAQ OMX Group
(NDAQ): Shares are now Market Perform from Outperform at Keefe Bruyette.
(TOT): TOT is taken to Underweight from Equal Weight at Barclays.
(WYNN): Shares are now Neutral from Buy at UBS.
(ZUMZ): The stock is moved to Underperform from Neutral by Bank of America-Merrill.
(See also: New Stock Coverage: Microsoft Still Has Major Issues
and Stock Upgrades: Adobe Is No Flash in the Pan.)
No positions in stocks mentioned.
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