Stock Downgrades: Elan Losing Its Panache
“Now is the winter of our discontent”? With all due respect to a recently identified Richard III not so much. Certainly investors in Activision-Blizzard (ATVI) which rode a ratings increase on a day of sleet and snow to gain 15% on the week won’t be complaining about the current climate. And fleeing the cold by escaping to Aruba (ARUN) was awful advice after the networking name slumped 6.5%.   The S&P 500 Index (^GSPC) is now up for the first six weeks of the year something that hasn’t happened since 1971. Dell Inc (DELL) was bought out for $24.4 billion but ended the week exactly unchanged. As Paul ...
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