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Stock Upgrades: Sally Beauty Looks Like a Million Bucks


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

MINYANVILLE ORIGINAL Netflix (NFLX) jumped 13.44% to top the S&P 500 after surpassing one billion streaming hours in a month for the first time ever. (For those old souls who prefer late fees with their VHS rentals, there's always Hollywood Video, in chapter 11 but on the attack.)

Financials were again the poorest performing sector. British bank Barclays (BCS), downgraded this morning, fell once more to take its 12-month tumble to 37.57%. Its role in the London Interbank Offered Rate market may be arcane but boy, it doesn't half make good headlines.

"Dewey Defeats Truman" was one of history's most memorable headlines and CNN recently updated it for the Twitter generation; shares of corporate owner Time Warner (TWX) fell a further 1.42%.

Aviva (AV): AV is higher ahead of the opening bell on a boost to Hold from Sell at Société Générale.

Sally Beauty (SBH): Bank of America-Merrill Lynch boosts the cosmetics company to Buy from Neutral.

(See also: Stock Downgrades: Deckers Outdoor Can't Get Up Off the Floor and New Stock Coverage: Limited Upside for Limited Brands.)
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No positions in stocks mentioned.
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