With due deference to the newly crowed World Series winner
, this Halloween equities were neither green nor monster. The S&P 500 Index (INDEXSP:.INX) ended in the red on the day, but losses were contained and October — often an awful month
— proved immensely profitable on Wall Street. A witch’s brew did, admittedly, strike Craft Brew Alliance (NASDAQ:BREW), which fell 4.20% and incurs a rating reduction this morning. Yet the scary sounding
Tremor Video (NYSE:TRMR) jumped 5.13%. Weight Watchers
(NYSE:WTW), meanwhile, was to die-t for, nose-diving 19.56%; you’d be better off with the Chinese diet drug made up of flesh-eating zombies
. On a horrific calorific day, Paula Deen – who makes a mighty unlikely mouthpiece for diabetes -- saw her Novo Nordisk (NYSE:NVO), which treats the ailment, slump some 7.95%.
There was a Rocky Horror Picture Show
for Rocky Brands (NASDAQ:RCKY), which tumbled 22.65%. And an unloved Kraft Foods (NASDAQ:KRFT), longtime maker of Oreos,
was to dye for
, imploding 1.92%. Alistair Cookie of Monsterpiece Theater
glowered from the Great Beyond.
Today in economics, October’s Institute for Supply Management manufacturing index is expected to slip from September’s pace at 10:00 a.m. Eastern. Another frenzied week for quarterly earnings announcements concludes with results expected out of Berkshire Hathaway
(NYSE:CVX), Madison Square Garden
(NASDAQ:MSG), Portland General Electric
(NYSE:POR), Washington Post
(NYSE:WPO), and Royal Bank of Scotland Group
(TSE:AGI): Canaccord Genuity gives the Canadian commodity company a Buy-from-Hold hoist. (Note that shares also suffered a downgrade today.)
(NYSE:ALU): Société Générale upgrades its fellow French firm to Hold from Sell.
(NASDAQ:FB): The social networking name, both upgraded
yesterday, is today taken to Buy from Hold at Argus.
General Growth Properties
(NYSE:GGP): The retail Real Estate Investment Trust gets taken to Buy from Neutral at Bank of America-Merrill Lynch.
(NYSE:GBX): Bank of America-Merrill moves the railroad operator, which yesterday increased 6.25% amid a tide of red ink elsewhere, by an unusual 180 degrees (Buy from Underperform.)
(NYSE:GDOT): The stock, surging some 14.63% before the bell, is increased to Overweight from Neutral at JPMorgan.
(NYSE:ITT): ITT is upgraded to Outperform from Neutral at Robert W. Baird, which also takes its target price up by $15 to $52. Catalysts include its earnings expansion and leverage to energy and auto markets.
Navios Maritime Partners
(NYSE:NMM): Global Hunter Securities lifts the limited partnership to Buy from Neutral.
(NASDAQ:NFLX): The top S&P 500
(INDEXSP:.INX) stock of 2013 is today taken to Outperform from Neutral by Robert W. Baird, whose price objective also increases to $420 from $383. Original programming offers promise, the bank believes.
(NYSE:Q): Shares are raised to Outperform from Neutral by Robert W. Baird.
Red Robin Gourmet Burgers
(NASDAQ:RRGB): Citing its impressive same store sales, Wunderlich boosts the fast food firm to Buy from Hold, taking its target up by $20 to $90.
(NASDAQ:SPIL): UBS boosts the stock an unusual 180 degrees, to Buy from Sell.
(See also: Stock Downgrades: Someone Just Put Bebe in a Corner
and New Stock Coverage: Vestas Wind Systems Hype More Than Hot Air
No positions in stocks mentioned.
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