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: Google Inc's Search Party Just Getting Started


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

Dow Industrials (^DJI) rebounded, reversing much of Monday's mauling after China attempted to assure investors its credit crunch is as illusory as Cap'n Crunch.

Amid standout stocks, Carnival Corp. (CCL) surged some 5.03% as the cruise company gave its CEO the bum's rush after its unfortunately misnamed Triumph was stranded at sea with five working toilets for 4,200 people. Brazil, whose hard-partying citizens know a thing or two about Carnival, also enjoyed a Fat Tuesday, with hometown hero GOL Linhas Aéreas Inteligentes (GOL) breaking out of a recent slump to jump 9.71%.

Rounding out a profitable trifecta of Planes, Trains and Automobiles - to quote a film from Wall Street's wretched year of 1987 - Greenbrier (GBX) gained 4.71% and Europe's biggest carmaker Volkswagen (VLKAY) advanced 2.86%.

Today's earnings announcements are expected to include Bed Bath & Beyond (BBBY), General Mills (GIS), HB Fuller (FUL), Monsanto (MON), and Paychex (PAYX).

Alliance Data Systems Corporation (ADS): Shares - upgraded elsewhere this morning - are also initiated with a bullish Buy at Deutsche Bank.

Chemicals: Suntrust Robinson Humphrey begins Buys on Air Products & Chemicals, Inc. (APD) and Praxair, Inc. (PX): initiated with a Buy at Sun Trust Rbsn Humphrey

Chipotle Mexican Grill, Inc. (CMG): Sterne Agee has a fresh Buy on the fast food firm.

DISH Network Corp (DISH): Shares are a new Neutral at JPMorgan.

Global Partners LP (GLP): Wells Fargo launches the limited partnership at a Market Perform.

Google Inc (GOOG): The Internet search giant gets established with a Buy at Janney, whose price objective is $1,050.

Matador Resources Co (MTDR): Shares are begun with a Buy opinion and $15 objective with Wunderlich, which highlights its impressive Eagle Ford and Delaware Basin energy assets.

NASDAQ OMX Group, Inc. (NDAQ): Barclays has a new Overweight on the exchange operator.

Orbitz (OWW): Ascendiant Capital Markets covers the online travel outfit at a Buy, setting a $10 target price on a company it expects to generate increasingly stable earnings and revenue gains.

Splunk Inc (SPLK): The application software stock is assigned an Outperform with Wedbush.

Starbucks Corporation (SBUX): Shares are initiated with a Buy at Davenport.

Zoetis Inc (ZTS): Citing its market-leading animal health care position, Argus begins Buy-rated research with a $38 objective.

(See also: Stock Upgrades: Pandora Media Inc Dialing Up Dollars and Stock Downgrades: No Love in the Air for Southwest Airlines Co.)
< 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