If it’s any consolation for those Syrian camels currently cowering in the desert
, Hump Day did see the Dow
(INDEXDJX:.DJI) score its first increase of the week. With D-Day for Damascus apparently still up in the air
, Vestas Wind Systems
(OTCMKTS:VWDRY) — based in indecisive old Hamlet’s home country of Denmark — surged some 5.11%. That was an especially nice touch, as Bob Dylan’s civil rights anthem "Blowin' in the Wind" was released in August 1963, a month that was much on our minds
yesterday. Not all enjoyed the rising tide, with Gillette owner Procter & Gamble
(NYSE:PG) plunging 1.44% to lead blue chip laggards. Caught between unshaven Brooklyn hipsters
and decidedly un-hip hirsute dudes down south
, the company currently can’t catch a break. Elsewhere, Bank of England Governor Mark Carney addressed business leaders in Nottingham
, heartland of Robin Hood. However, it seems that these days there is no longer a need to steal from the rich, as the poor have apparently already inherited the Earth
In today’s corporate earnings action, Campbell Soup
(NYSE:CPB), JA Solar
(NASDAQ: JASO), Krispy Kreme Doughnuts
(OTCMKTS:LRLCY), Pall Corp
(NYSE:PLL), Pernod Ricard
(NYSE:CRM), Signet Jewelers
(OTCMKTS:VIVHY), and WPP Plc
(OTCMKTS:WPPGF) are all due to release results.
AMC Networks Inc
(NASDAQ:AMCX): The broadcaster of shows such as Mad Men
and Breaking Bad
gets a Buy-from-Neutral boost at B. Riley & Co. In the broker’s estimation, a 15% plunge in the stock price since its August 8 earnings provides investors with an attractive entry point, especially ahead of catalysts including season four of The Walking Dead
Cash America International, Inc.
(NYSE:CSH): FBR Capital moves the pawnbroker to Outperform from Market Perform, in the process increasing its price objective to $50. Catalysts include accretive acquisitions and an uptick in online domestic lending.
(NYSE:ETR): The electric utility gets upgraded to Buy from Neutral at ISI Group.
(NYSE:INFY): Macquarie moves the Indian outsourcing and information technology name to Outperform from Neutral.
Mohawk Industries, Inc.
(NYSE:MHK): Raymond James moves the floor coverings firm to Strong Buy from Outperform.
Semiconductor Manufacturing International
(NYSE:SMI): Sanford Bernstein boosts the Chinese chip stock to Market Perform from Underperform.
US Physical Therapy, Inc.
(NYSE:USPH): The stock is now Buy from Hold at Noble Financial.
(OTCMKTS:WOSYY): The Swiss plumbing products powerhouse is increased to Buy from Neutral at Citigroup.
(See also: Stock Downgrades: Rotten Tomatoes for The Fresh Market
and New Stock Coverage: Stock Up on Sovran Self Storage
No positions in stocks mentioned.
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