Apple initiated with 'neutral,' and Netflix downgraded to 'underperform.'
Time Warner upgraded to 'buy,' Zynga initiated with a 'hold.'
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.
Eli Lilly is upgraded to 'overweight,' and GlaxoSmithKline is downgraded to 'neutral.'
Stocks are up despite data showing orders for capital goods other than planes declined in July.
Top-line results show some hope for treatment even though a research goal was missed.
The ECB is considering yield band targets for a new bond-buying program. Orders for US durable goods jump, but the core number slides. Fed stimulus hopes fade. Autodesk plunges on disappointing results. Eli Lilly rallies on an Alzheimer's study.
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The company is struggling to make a profit and is overvalued, and disappointing trends will continue to weigh on the stock.
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.
Six weeks later, most Americans have forgotten about the 2014 tax season -- except those who didn't file by the April 15 deadline.
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