(INDEXDJX:.DJI) again brushed off the threat of war, if not Warhol, whose Campbell Soup (NYSE:CPB)
plunged 3.09% as its principal product proved a tough sell in August. TiVo Inc.
(NASDAQ:TIVO) gained 2.59% to continue its post-earnings bounce. The company came of age almost a decade ago with an infamous “clothing calamity
” which now seems positively quaint compared to Miley Cyrus’ recent scantily-clad antics
. The Nashville native clearly inspired a similar wardrobe malfunction in apparel outfit Genesco
(NYSE:GCO), also based in Music City. It nose-dived an NYSE-worst 9.07%. Elsewhere those rotten tomatoes currently spoiling on the streets of Spain
were flung at a shunned Fresh Market
(NASDAQ:TFM), which imploded 11.55%. And a new study said poverty saps brain power
. But you don’t need to be an Einstein
(NASDAQ:BAGL) — down 3.17% — to know that.
Today in economics, this month’s Chicago Purchasing Managers’ Index is out at 9:45 a.m. Eastern, followed by the University of Michigan’s final figure for August consumer confidence at 9:55 a.m. On the earnings front, Big Lots
(NYSE:BIG), Hermès International
(NYSE:SOL), Sears Hometown and Outlet Stores
(NASDAQ:SHOS), and Yingli Green Energy
(NYSE:YGE) are all due to report results.
Arlington Asset Investment Corp
(NYSE:AI): JMP Securities starts the mortgage investment firm at a Market Perform.
Chinese Internet Stocks
: JPMorgan assigns Overweights on Phoenix New Media Ltd
(NYSE:FENG), Qihoo 360 Technology Co Ltd
(NYSE:QIHU) ($94 price objective), SouFun Holdings Limited
(NYSE:SFUN), and YY Inc
(NASDAQ:CTRP): The Shanghai-based travel and lodging stock is launched with a lukewarm Neutral at JPMorgan.
Hornbeck Offshore Services, Inc.
(NYSE:HOS): The oil and gas outfit gets initiated with an Overweight at JP Morgan.
(NASDAQ:LBTYA): Credit Suisse covers the cable company at Outperform.
Monolithic Power Systems, Inc.
(NASDAQ:MPWR): The specialized semiconductor stock is started with an Outperform at William Blair.
(See also: Stock Upgrades: Splunk Looks Like a Slam Dunk
and Stock Downgrades: Staples Still the 'Bain' of Investors Lives
No positions in stocks mentioned.
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