This moneymaking lark is getting awfully easy; pretty soon even Warren will get the hang of it
. (That's Warren Buffett. Warren Resources
(NASDAQ:WRES), which surged some 17.51% last week, already appears to have it all down pat.) Still, even as the S&P 500 Index
(INDEXSP:.INX) hit a historic high, some shares suffered inexplicable pain. Downgraded
Ugg sheepskin boots owner Deckers Outdoor
(NASDAQ:DECK) tumbled 12.19% on Friday alone, but an even lonelier fate would await Wall Street's Wolf 48 hours on
(NYSE:BID) slid 6.67% after cursing an $83 million diamond deadbeat Wolf of its own
. The she-wolf who fed Rome's twin founders Romulus and Remus must have wondered "why bother?" after the Eternal City came thisclose to bankruptcy
(NASDAQ:FB) fell for several successive sessions after Mark Zuckerberg fruitlessly defended his $19 billion deal
in Barcelona, a city that knows real value for money after getting history's most priceless soccer star for free
. And Ellen DeGeneres brought down Twitter
(NYSE:TWTR) at the Oscars on Sunday evening. A few hours too late, alas, for beleaguered Bill Gross
Today in economics, January construction spending and the Institute for Supply Management's manufacturing index for February are each out at 10:00 a.m. Eastern. On the earnings front, McDermott International
(NYSE:MDR), Nu Skin Enterprises
(NYSE:NUS), and URS Corp
(NYSE:URS) all release results.
(NASDAQ:ASPX): BMO Capital covers the company at Outperform, sending its stock surging some 6.88% before what looks like will be an otherwise brutal opening bell this morning.
(NASDAQ:CA): Shares are initiated with an Equal Weight by Barclays.
(NASDAQ:CMFN): Oppenheimer assigns an Outperform investment assessment along with a $16 price objective. An expected 9.25% dividend yield in 2015 is cited as a potential share-price catalyst.
Continental Building Products
(NYSE:CBPX): The stock is a new Neutral at Citigroup, but Credit Suisse, at Outperform, is more bullish.
(NASDAQ:EGLT): JMP Securities starts the equity at Outperform. Its target price is $19.
(NASDAQ:EBIO): The biotech firm is a fresh Buy at Citigroup. Cowen (Outperform and $35 price objective) is equally upbeat.
(NYSE:KGC): Shares, up 2.49% even in this morning's terrible tape, are resumed at Outperform by Raymond James.
(NYSE:LADR): JP Morgan launches Overweight-rated research on LADR.
New York Mortgage Trust
(NASDAQ:NYMT): Shares are a new Neutral at Credit Suisse, whose objective is $7.50.
(NASDAQ:SQBG): Canaccord Genuity gives the stock a Buy rating and $9 price target.
(NASDAQ:QURE): The stock is established at Outperform ($25 price objective) by Leerink Swann.
Stock Upgrades: Kate Spade an Even Better Bet Than Cate Blanchett (MVPRO article)
Stock Downgrades: Scarlett Johansson, Snubbed at Oscars, Sees SodaStream Sink (MVPRO article)
No positions in stocks mentioned.
The information on this website solely reflects the analysis of or opinion about the performance of securities and financial markets by the writers whose articles appear on the site. The views expressed by the writers are not necessarily the views of Minyanville Media, Inc. or members of its management. Nothing contained on the website is intended to constitute a recommendation or advice addressed to an individual investor or category of investors to purchase, sell or hold any security, or to take any action with respect to the prospective movement of the securities markets or to solicit the purchase or sale of any security. Any investment decisions must be made by the reader either individually or in consultation with his or her investment professional. Minyanville writers and staff may trade or hold positions in securities that are discussed in articles appearing on the website. Writers of articles are required to disclose whether they have a position in any stock or fund discussed in an article, but are not permitted to disclose the size or direction of the position. Nothing on this website is intended to solicit business of any kind for a writer's business or fund. Minyanville management and staff as well as contributing writers will not respond to emails or other communications requesting investment advice.
Copyright 2011 Minyanville Media, Inc. All Rights Reserved.