As Sesame Street celebrated National Grouch Day
, Wall Street was equally grumpy. The Dow
(INDEXDJX:.DJI) snapped a four-session winning streak amid more governmental gridlock. The MIT brainiacs at data storage device titian Teradata
(NYSE:TDC) saw that stock implode an S&P 500 Index
(INDEXSP:.INX)-worst 18.39%, but Angela Ahrendts, attendee of the 59th best party school in America
, had a Ball as Apple Inc.
(NASDAQ:AAPL) poached her from Britain’s Burberry
ATM maker Diebold
(NYSE:DBD) dropped 2.29% on a downgrade
. The industry has clearly yet to recover from a run on its machines
earlier this year in Cyprus, money laundering paradise. No, if you want to keep clean, and stay above the law, coin-operated laundromat owner Mac-Gray
(NYSE:TUC) is instead the way to go. Yesterday it jumped 41.59% to top all NYSE issues.
Today in economics, the Fed will release its Beige Book, detailing economic conditions in a dozen districts, at 2:00 p.m. Eastern. Hump Day of the first full week for third quarter earnings announcements is upon us, with American Express
(NYSE:AXP), Bank of America
(NYSE:BAC), eBay Inc
(NASDAQ:EBAY), International Business Machines
(NYSE:IBM), and PepsiCo
(NYSE:PEP) among a multitude of big names due to report results.
(NASDAQ:ACHN): Credit Suisse takes the shares to Neutral from Outperform.
(NYSE:ACI): Morgan Stanley cuts the commodity stock to Underweight from Equal-Weight.
Canadian National Railway
(NYSE:CNI): Shares are reduced to Market Perform from Outperform at Raymond James.
(NYSE:CQB): The banana behemoth is now Neutral from Buy at Janney.
(NASDAQ:CSCO): MKM Partners cuts the key Dow
(INDEXDJX:.DJI) component to Neutral from Buy.
(NYSE:ELLI): The equity is moved to Market Perform from Outperform at JMP Securities.
(NYSE:FDX): Yesterday’s high flier is today taken to Neutral from Buy at Buckingham Research.
First Republic Bank
(CNYSE:FRC): Shares are reduced to Equal Weight from Overweight at Evercore.
(NYSE:GDOT): GDOT gets slashed to Sell from Neutral at Janney.
(NASDAQ:HOLX): Shares are now Neutral from Buy at Citigroup.
(NASDAQ:NFLX): The top S&P 500 Index
(INDEXSP:.INX) stock of 2013 is today taken to Hold from Buy at Hudson Square due to understandable valuation issues.
(NYSE:TDC): The stock is lowered to Long-Term Buy from Buy at Hilliard Lyons.
(OTCMKTS:TNTEY): HSBC Securities downgrades the Dutch package delivery powerhouse to Underweight from Neutral.
(NASDAQ:VVUS): Piper Jaffray downgrades the diet drug darling to Neutral from, well, Overweight.
(See also: Stock Upgrades: Alaska Air Comes in From the Cold
and New Stock Coverage: Mice at Whole Foods? Fat Cats Don’t Care
No positions in stocks mentioned.
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