Just when it looked like The New Yorker
, whose money issue
is now on the newsstands, would join all those cover curses of yore, the Dow
(INDEXDJX:.DJI) enjoyed its single best point gain since December 2011. This after belated signs of progress in Washington to resolve our governmental gridlock. Aloha State native President Obama will have enjoyed a 2.17% jump in Hawaiian Electric
(NYSE:HE), today assigned an upbeat Outperform initiation. Although our Xbox-dissing Commander in Chief
could have done without a 2.09% surge in Microsoft
(NASDAQ:MSFT). Its stock fared far better than PlayStation owner Sony
(NYSE:SNE), which lost 0.91% after receiving a ratings reduction
. (The fact that its head has just admitted to owning two Nintendo (OTCMKTS:NTDOY) consoles
doesn’t exactly inspire confidence.) By contrast, a broker boost
(NYSE:BA) bounce 3.87% but, to some of us, such unbridled optimism already looks like a busted flush
Today in economics, the University of Michigan’s first take on October consumer confidence is seen slipping from September’s pace at 9:55 a.m. Eastern. In earnings action, Bank of the Ozarks
(NYSE:INFY), and Wells Fargo
(NYSE:WFC) have all already released results this morning.
Apollo Global Management
(NYSE:APOL): Evercore assigns an Overweight on the money manager.
(NYSE:BDX): Shares are resumed with a Buy at SunTrust Robinson Humphrey.
(NYSE:BX): The limited partnership is picked up with an Equal Weight at Evercore.
(NASDAQ:CG): Evercore establishes Overweight research, and a $36 price objective, on the equity.
(NYSE:HE): Wells Fargo has an Outperform on HE.
Heartland Payment Systems
(NYSE:HPY): Shares are a Hold at Jefferies, whose target price is $42.
(NASDAQ:MYGN): SunTrust sets a Reduce on the stock.
Sinclair Broadcast Group
(NASDAQ:SBGI): Credit Suisse covers the company at Outperform.
: Jefferies has only a Hold on Robert Half
(NYSE:RHI) but begins Buys on both ManpowerGroup Inc
(NYSE:MAN) and On Assignment
(NASDAQ:UMBF): Bank of America-Merrill Lynch launches coverage at a Buy.
(NYSE:VNTV): The business services stock gets established with an Outperform at Oppenheimer.
Western Gas Equity Partners
(NYSE:WGP): WGP is a new Outperform at Credit Suisse.
(See also: Stock Upgrades: Johnson & Johnson Is Head & Shoulders Above the Rest
and Stock Downgrades: All Is Not Well Inside Intel.
No positions in stocks mentioned.
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