Oil slips after a surprise rise in crude inventories. Second-quarter growth is revised up, but the pace remains slow. Pending home sales climb. The Fed's Beige Book is also on tap. WellPoint rises after its CEO resigns.
Dahlman Rose downgrades steel companies, and Whole Foods is initiated with an 'outperform.'
Research In Motion is initiated with an 'equal weight,' and Agrium is initiated with an 'overweight.'
Look at the way the market reacted to Joy Global's earnings. Skittish investors are reacting sharply to any hiccup.
The market heads for a down-ending note to a down month.
Ciena reports better-than-expected earnings, while TiVo posts weak results and guidance.
Novo Nordisk is downgraded to 'sell,' and IBM is downgraded to 'neutral.'
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