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Candle maker?Blyth?(BTH) jumped 3.04%. Its employees, based in tony Greenwich Connecticut, doesn't really need the profits, but?700 million citizens in India could certainly use the light.?Microsoft (MSFT) has announced a revamp of Hotmail and?Aol Inc?(AOL), home of ?You?ve got mail,? advanced 1.37% to an all-time peak. (The check would ordinarily be in the mail but the US Postal Service is due to default for the first time ever today.)
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Today in economics, June construction spending and the Institute for Supply Management?s July manufacturing index are each released at 10:00 a.m. Eastern, while the Federal Reserve concludes its two-day policy meeting at 2:15 p.m. In earnings activity, Avon (AVP), BMW (BAMXY), Catamaran (CTRX), Harley-Davidson (HOG), MasterCard (MA), Soci?t? G?n?rale (SCGLY), and Time Warner (TWX) are all due to report results.
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Aegion?(AEGN): Shares are upgraded to Buy from Neutral at Ladenbur, which has a $23 target price. Catalysts include improving trends following the company?s Q2 results.
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Aixtron?(AIXG): Shares are now Neutral from Underweight at HSBC.
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Celadon Group?(CGI): The company is upgraded to Strong Buy from Outperform at Raymond James.
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First Horizon?(FHN): Shares are now Neutral from Sell at Compass Point.
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Louisiana Pacific?(LPX): LPX is lifted to Market Perform from Underperform by BMO Capital due to a more favorable panel price forecast.
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Norsk Hydro?(NHYDY): Goldman Sachs gives the Oslo energy outfit a Neutral-from-Sell boost.
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RTI Biologics?(RTIX): Roth Capital raises RTIX to Buy from Neutral.
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Tower Group?(TWGP): Shares are taken to Outperform from Perform at FBR Capital, whose target is $24.
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Wal-Mart?(WMT): Last month?s best blue chip with a 6.76% increase is upgraded to Hold from Sell at Deutsche Bank. The target is also taken up, to $68 from $55, amid improving fundamentals.
(See also: New Stock Coverage: Boeing Stuck in Holding Pattern and Stock Downgrades: Oil's Not Well at BP.)
No positions in stocks mentioned.
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