The edgy accessories are sparking more controversy for the envelope-pushing retailer. Will that help or hurt its sales?
Alpha Natural is downgraded to 'sell,' and Michael Kors is initiated with an 'outperform.'
Hewlett-Packard is downgraded to 'sell' at Goldman, and Groupon is initiated with a 'sell' at UBS.
EBay is upgraded to 'overweight,' and homebuilders are initiated at Sterne Agee.
In Japan, the Nikkei Index closed lower, breaking an eight-session winning streak that pushed the index to record breaking highs.
Disappointing data from both countries undermined last week's optimism, as markets also digested the European country's downgrade to BBB+ by Fitch.
Costco and Urban Outfitters will report earnings. Vodafone and Johnson Controls mull divestitures. Retail sales data will be reported.
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