eBay is initiated with an 'outperform,' and BroadSoft is downgraded at 2 firms.
The company is taking on major manufacturers with its new Knox feature.
Elan is upgraded to 'market perform,' and Affymax is downgraded to 'neutral.'
Green Mountain is downgraded to 'neutral,' and Wells Fargo is upgraded to 'buy.'
While some big-name players in IT and gadgets have underperformed in recent months, not all of them are in trouble.
Stocks are mixed despite a consumer confidence reading that plunged to its lowest level in more than a year.
Abercrombie & Fitch is upgraded to 'outperform,' and VMware is downgraded to 'buy.'
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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.