Despite the drought, these companies are set to benefit from a long-term global boom in agriculture.
Guidance for the rest of the year is well below the company's prior projections.
Skyworks is upgraded to 'buy,' and Quanta Services is downgraded to 'sell.'
Stocks are mixed as investors await the release of minutes from June's Federal Reserve meeting.
Agricultural plays and gun makers are performing exceptionally well right now.
Economic fears have hit these stocks hard -- too hard, in some cases.
Wall Street thinks the dry conditions will put more money in farmers' pockets.
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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.
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.