The drug company is a defensive, income generator with added potential for capital gains.
GlaxoSmithKline is downgraded to 'underperform,' while AstraZeneca is upgraded to 'neutral.'
Sprint is upgraded to 'buy,' and Celgene is downgraded to 'neutral.'
AstraZeneca is downgraded to 'underweight,' and Oracle is initiated with a 'buy.'
Growth reports in Germany and France come in better than forecast. Retail sales in the US increase for the first time in 4 months. Groupon shares plunge to record low on a revenue miss and lowered outlook. Home Depot climbs as it beats expectations.
These stocks offer generous dividends while investors wait for a recovery.
Limited is initiated with a 'market perform,' and Seagate is downgraded to 'neutral.'
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The apparel chain takes a hard hit after blaming the weather for its quarterly sales decline. But cold temperatures don't explain the drop in full-year sales as well.
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.
Even when they have a plan for their refund check from Uncle Sam, Americans often don't realize how they actually spend the windfall.
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