Vinyl is back
and so, apparently, are broken records. The S&P 500 Index
(INDEXSP:.INX) set its 30th record of 2013 as a soft September payroll report calmed investors’ fears about an abrupt end to quantitative easing. CVS Caremark
(NYSE:CVS), up 1.66% yesterday, was among the equities to hit historic highs. (You can keep the ridiculous receipt
(NASDAQ:NFLX) nosedived 9.15% despite both a broker boost
and roster of stars including Kevin Spacey of Pay It Forward
fame. Such preemptive acts of kindness did, however, amply pay for themselves with Odyssey Marine Exploration
(NASDAQ:OMEX). The company, which paid back the Spanish Armada for plundering its treasure
, jumped 11.41% even as Spain’s pain is now officially over
. And, with the One World Trade Center spire again in the news
, today marks the 84th anniversary of the Chrysler Building’s completion
. You don’t want to know what happened 24 hours later
Hump Day of peak week for third quarter earnings is here, with AT&T Inc.
(NYSE:CAT), F5 Networks
(NYSE:GSK), and WellPoint
(NYSE:WLP) among a multitude of companies releasing results.
American Campus Communities
(NYSE:ACC): UBS takes the company to Neutral from Buy.
(NASDAQ:ARMH): After yesterday’s ho-hum Apple Inc.
(NASDAQ:AAPL) announcements, one of its key chip suppliers gets cut to Neutral from Buy at UBS.
(NASDAQ:BRCM): Wedbush takes the tech name, slumping before the bell, to Neutral from Outperform.
(NYSE:CNC): Shares get slashed to Sell from Neutral at Citigroup.
(NYSE:COH): The stock, which tumbled 7.53% on Tuesday, is downgraded to Hold from Buy at Argus.
(NASDAQ:CREE): Needham lowers the lighting name to Hold from Buy.
(NASDAQ:EGBN): Keefe Bruyette cuts the company to Perform from Outperform.
(NYSE:EXC): The nuclear power play is now Underperform from Hold at Jefferies.
(NYSE:FII): Money manager FII gets trimmed to Neutral from Buy at Citigroup.
(NYSE:GS): GS gets downgraded to Underperform from Neutral at Mediobanca.
(NYSE:MTDR): Canaccord Genuity moves the stock to Hold from Buy.
Monarch Casino & Resort
(NASDAQ:MCRI): Shares get downgraded to Hold from Buy at Brean Capital.
(NASDAQ:NCMI): JPMorgan lowers its investment assessment to Neutral from Overweight.
(NASDAQ:PNRA): The fast food firm is taken to Hold from Buy at KeyBanc Capital.
Royal Bank of Scotland
(NYSE:RBS): Keefe Bruyette reduces the Edinburgh-based financial company to Underperform from Perform.
(NYSE:WTW): Credit Suisse cuts the company to Neutral from Outperform.
(See also: New Stock Coverage: Mel Karmazin Worth $255.4 Million a Year? You Cannot Be Sirius
and Stock Upgrades: Who Needs an iWatch When There’s Fossil?
No positions in stocks mentioned.
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