That was quite the 81st anniversary
present for Fairfield Connecticut couple Ann Betar, 98-year-old cradle robber, and her husband John, 102. The Dow
(INDEXDJX:.DJI) touched its Great Depression trough of 40.56 in 1932, the year they eloped. Yesterday, it hit an all-time high of 16,072.54. (With no thanks to Fairfield’s own General Electric
(NYSE:GE), it must be said, on a day that stock dropped 1.28%.) With US stock markets advancing to historic highs, Trojan condom maker Church & Dwight
(NYSE:CHD) ended up 0.44% on a broker boost
. Clearly, 1 billion Chinese are no match for Pauly D. This after the loosening of the Sino one-child policy was outweighed by news that the Jersey Shore
alum intends to continue with one-night stands — using portfolio “protection,” of course
— even after recently becoming a father as a result of one such incident. (And truth be told, if that 13-pound, 10-ounce butterball just born in Shanghai
is any indication, China’s recent decision to spur romance is not to be taken lightly.) In other analyst action Campbell
(NYSE:CPB), which slumped more than 7% last week, lost another 1.45% after getting downgraded
. But, with BlackBerry
(NASDAQ:BBRY) having just fired its CFO, COO, and CMO — not long after canning its CEO — alphabet-soup sales should soon recover.
In terms of economic events that may move US markets this morning, at 10:00 a.m. Eastern an uptick is expected in the Conference Board’s November consumer confidence index. Regarding specific stocks, American Woodmark
(NASDAQ:AMWD), Barnes & Noble
(NYSE:BKS), Children’s Place
(NYSE:HPQ), Hormel Foods
(NYSE:TIF), and TiVo Inc.
(NASDAQ:TIVO) are all due to release results.
(NYSE:AZO): Goldman Sachs gives AutoZone a Neutral-from-Buy downgrade. Yesterday AutoZone stock ended off 0.43%.
(NASDAQ:CSII): Shares are cut to Hold from Speculative Buy at The Benchmark Company, whose price objective is $35. The rating reset follows its survey of interventional cardiologists who have used its device.
(NASDAQ:TRAK): TRAK is taken to Underweight from Equal Weight by Barclays.
(NASDAQ:FRAN): Shares are now Neutral from Buy with a $22 target price at Janney, which cites less favorable trends in apparel and accessories.
(NYSE:LUX): Luxottica, whose Oakley sunglasses outfitted those heroic miners in Chile
, gets lowered to Hold from Buy at Berenberg. As as result, Luxottica stock is trading lower in London today.
(NYSE:OME): Shares are now in-line from Outperform at Imperial Capital due to valuation issues.
The Fresh Market
(NASDAQ:TFM): Goldman Sachs downgrades The Fresh Market to Neutral from Buy. It has been an unhappy year for The Fresh Market, whose stock has slumped 35.92%, even as the overall market sets fresh records.
(NYSE:WAT): The stock is slashed to Neutral from Buy at Goldman Sachs.
(See also: New Stock Coverage: Tuesday Morning a Fine Time to Buy Tuesday Morning
and Stock Upgrades: Fast Money Says 'Run, Forest (Labs), Run!'
No positions in stocks mentioned.
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