FedEx is downgraded to 'underperform,' and UPS is upgraded to 'outperform.'
Stocks are down slightly, with no notable economic data reported.
Stocks are higher as the Dow continues to hit fresh recovery highs and the S&P moves back above 1,500.
Palo Alto is initiated with a 'buy' at Goldman, and Elan is upgraded to 'buy' at UBS.
The mattress maker has been sleepwalking while smaller, aggressive rivals have jumped into the market.
The market bounces back, boosted by speculation about new easing plans and steps to help with the European debt crisis.
The market has been punishing these former favorites, but their businesses remain in top shape.
The hedge fund legend recently stuffed $77 million into a mattress stock that has continued to sag. He's likely to come out ahead sooner rather than later.
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Plus, after much ado, Softbank is oh-so-close to acquiring Sprint.
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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.
SMART SPENDING
Those shackled with student loan debt are increasingly being targeted by scams and shady companies promising relief.
SMART TAXES
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.
