Sony is upgraded to 'buy,' and JoS. A. Bank is downgraded to 'equal weight.'
Netflix is both upgraded and downgraded, and SanDisk is upgraded to 'buy.'
Stocks are mixed as news of surging US housing starts partially offsets disappointing earnings from 2 of tech's biggest names.
Construction of new homes climbed 15% in September. Big earnings are from IBM, BAC and PEP.
GlaxoSmithKline is downgraded to 'underperform,' while AstraZeneca is upgraded to 'neutral.'
AK Steel is upgraded to 'buy,' and Dendreon is initiated with a 'buy.'
Eli Lilly is upgraded to 'overweight,' and GlaxoSmithKline is downgraded to 'neutral.'
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The Market Dispatches column has been discontinued. Here's where to find the latest stock and business news on MSN Money, and the latest from market writer Charley Blaine.
MONEY & POLITICS
Breaking up big banks is an untested solution to the too big to fail problem that attempts to isolate and dismantle large, troubled institutions while protecting the rest of the economy.
Joe Cantrell says he faces charges after trying to take advantage of the retailer's policy.
The IRS is struggling to combat identify thieves who file fraudulent tax returns in the names of older residents who don't need to file.