As the sign says, "Leaving Brooklyn? Fuhgeddaboudit
," for you can never escape the reach of New York's most populous borough. If Monday was all about its prodigal son Carl Icahn
, on Tuesday, native daughter Janet Yellen took center stage to send the Dow
(INDEXDJX:.DJI) up by triple digits with her market-friendly testimony. (To be fair to their northern neighbors, Ogden Nash was a little harsh in saying "The Bronx? No Thonx!" Indeed Ralph Lauren
(NYSE:RL), born right by the House That Ruth Built, saw his stock advance 1.00% on an analyst upgrade
. And a Yankee spent about $200,000 for his own Dreamliner
, sending Boeing
(NYSE:BA) up an impressive 2.36%.) On an enormous up day, AOL Inc.
(NYSE:AOL), whose Tim Armstrong is already in hot water for throwing the "distressed baby" out with the bathwater, gave back another 1.46%. This as he interviewed an "adorable 10-year-old girl
" at a conference for the fair sex. Ten years old? Pleeze, that's already over the hill. At that age the late, great Shirley Temple had bested Clark Gable at the box office for four years running, so Baby,Take a Bow
. Tesla Motors
(NASDAQ:TSLA) hit a historic high, briefly breaking above $200 for the first time ever. This earned Elon Musk a state dinner only hours later
. An honor, one suspects, he would never have received had Barack been beaten by Mitt
. At said state dinner the leader of the land of love, beginning his new life as a bachelor, dined alone
but who says one is the loneliest number? Single-serve java giant Green Mountain Coffee Roasters
(NASDAQ:GMCR) just jumped 7.65% to an all-time high. Romantics, of course, assure us, "A rose by any other name would smell as sweet." Which is something that Kazakhstan - clearly taking its cue from Borat
- would do well to remember
. No matter; hometown hero Kazakhmys
(LON:KAZ) increased 18% after a currency devaluation.
Today in economics, the Treasury releases its January budget report at 2:00 p.m. Eastern. In earnings action, expect announcements out of Applied Materials
(NASDAQ:AMAT), Cisco Systems
(NYSE:TOT), and Zillow
(NASDAQ:SCOR): Shares, which surged 11.51% yesterday, are today taken to Outperform from Market Perform with a $40 price objective at Northland Securities. Catalysts include the company's long-term, and exclusive, partnership with Google
(NASDAQ:CROX): Piper Jaffray juices the owner of colorful plastic clogs to Overweight from Neutral.
Smith & Nephew
(NYSE:SNN): The stock gets a Buy-from-Hold hoist at Deutsche Bank.
(NYSE:S): Deutsche Bank boosts the stock, which advanced an impressive 2.73% on Tuesday, to Buy from Hold.
(NASDAQ:TRIP): Shares, trading up today after announcing earnings, get an unusual 180 degree (Outperform from Underperform) upgrade at RBC Capital. The prospect of improved click-based advertising growth is cited, and its target price is also taken up, to $95 from $68.
(NASDAQ:VECO): The stock is now Outperform from Neutral at Credit Suisse. Its price objective, previously $30, increases by $20.
(NYSE:WCN): BB&T Capital Markets moves the equity to Buy from Hold.
(NYSE:ZTS): Shares, which tumbled 6.45% even in yesterday's stellar session for equities, are moved to Outperform from Perform with William Blair.
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