November 13, 2012 at 09:20 AM EST
Stock Downgrades: Molycorp Can No Longer Be Mollycoddled
MINYANVILLE ORIGINAL Celgene (CELG) surged 5.82% on high hopes for its product to treat pancreatic cancer. Sadly too late for Steve Jobs whose Apple Inc. (AAPL) — now down for seven straight weeks — slipped another 0.77%. There was no trading in bonds because of Veterans' Day but with the cult Cupertino company’s dividend yield now exceeding that of the 10-year treasury never a good sign for an allegedly go-go growth stock who needs fixed income? Ron Johnson will at least be relived to have left the iPhone maker for JC Penney (JCP). Then again maybe not after it tumbled 12.94% on ...
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