Sorry!! The article you are trying to read is not available now.
Thank you very much;
you're only a step away from
downloading your reports.

New Stock Coverage: Time Is Money


Wall Street ratings agencies set the tone for today's stock market.

Time Inc. (NYSE:TIME), America's largest magazine publisher, is today assigned a bullish buy rating as it goes alone after being spun off by corporate parent Time Warner (NYSE:TWX). Time Inc., which recently announced plans to vacate its iconic mid-century America building in Midtown Manhattan, produces PeopleFortune, and Sports Illustrated. A well-regarded management team is one key factor behind the broker boost.
On Fifth Avenue, TGI Friday's finished Friday all aflame, but on Wall Street, investors were saying "TGIF" as the Dow Average (INDEXDJX:.DJI) and S&P 500 (INDEXSP:.INX) each ended the workweek atop historic highs. "Calm before the storm" keeps coming to mind as the VIX (INDEXCBOE:VIX) "fear index" fell to its lowest level since February 2007. We all know what happened next, and it wasn't pretty. For now, however, investors celebrated the recovery of all jobs lost in the Great Recession. Breakfast at Tiffany's (NYSE:TIF) is gonna cost you after it finished Friday at a fresh best of $100.22, a lunch buffet with Buffett went for big bucks, and Hollande -- hopefully going Dutch -- had two dinners on the same day after the leaders of America and Russia couldn't be trusted to sit together. Back when we really disliked Red Square, the USA went gaga for a Soviet-made game that celebrated its 30th birthday late last week. In the Cold War era, CIA spies would tap phone lines in Moscow, but that's so 1984 -- today they take to Twitter (NYSE:TWTR).
There aren't any top-tier economic reports released today, but Casey's General Stores (NASDAQ:CASY), Ferrellgas Partners (NYSE:FGP), Layne Christensen (NASDAQ:LAYN), and The Pep Boys-Manny Moe & Jack (NYSE:PBY) are all expected to announce release quarterly results.
Now let's turn to this morning's new stock coverage -- a list that includes a commodity company and trash titan in addition to Time Inc.

Bankwell Financial Group (NASDAQ:BWFG): Keefe Bruyette covers the company at Outperform.
B2Gold (NYSEMKT:BTG): Shares are begun with an Overweight at JPMorgan.
DST Systems (NYSE:DST): Bank of America Merrill Lynch launches Buy-rated research.
Jones Energy (NYSE:JONE): The equity gets picked up at a Buy by Brean Murray.
Mobile Mini (NASDAQ:MINI): Deutsche Bank starts the stock at a Buy.
Time Inc.: Today's headline analyst initiation is assigned an upbeat Outperform with Wells Fargo.
Waste Management (NYSE:WM): Deutsche has a Hold on the garbage giant.
Zendesk (NYSE:ZEN): Shares, currently slipping some 1.23% before the bell, are established at Outperform by Pacific Crest.

Also see:
Stock Upgrades: Family Dollar Adopting Poison Pill for Uncle Carl?

Stock Downgrades: Taking an Ax to Anixter
< Previous
  • 1
Next >
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.
Featured Videos