Starbucks is upgraded to 'outperform,' and Crocs is initiated with an 'outperform.'
Economic data and progress in fiscal negotiations will be the determining factors in Thursday's session.
Stocks are mixed as the financials lead the Dow higher and Apple weighs on the Nasdaq.
The market overreacts to the takeover announcement and leaves the mining giant looking like a bargain.
| Tags: | FCXGSinvestorplaceMMR |
Other Asian economies are also reporting numbers that show improving growth. The news has spilled over into trading in commodities.
As earnings season continues, two of the largest companies miss analyst expectations.
The big dropoff in sales came not in copper but in gold, where production totaled 202,000 ounces versus company guidance for 225,000 ounces.
Stocks are mixed as a less-than-stellar earnings season continues.
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