American Eagle is downgraded to 'hold,' and Urban Outfitters is upgraded to 'hold.'
Investors haven't been as keen on the sector as value-conscious shoppers.
Shares fall nearly 13% as investors continue to be skeptical about CEO Ron Johnson's turnaround strategy. To entice shoppers during the holidays, Penney will give away buttons with codes that could lead to prizes such as a Disneyland trip.
Canaccord initiates Kraft Foods with a 'buy' and Mondelez with a 'sell.'
The firm also downgrades AMD, Intel and Marvell.
The struggling retailer is doing whatever it can to lure back customers these days.
Competitors can only marvel at this winner's simple formula: Sell tons of products people want while maintaining good service and low costs.
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As geopolitical tensions threaten to spin out of control, investors are wondering how best to position their portfolios for the global turmoil.
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.
Occupy Wall Street bought and forgave the student loan debt of more than 2,700 Everest College students.
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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