Scripps Networks is upgraded to 'buy' at Goldman, and Panera Bread is initiated with a 'buy' at KeyBanc.
MasterCard and Visa are downgraded to 'sell,' and Wells Fargo is initiated with a 'buy.'
These companies paid little or no federal income tax between 2008 and 2011.
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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.