Stocks paved their way higher for the second straight day today. Following the release of underwhelming inflation data, investors and traders seemed optimistic that this may be a sign that the Federal Reserve, which convened today for day one of its two-day FOMC policy meeting, might continue its easy money policies.
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Michael Flannelly
Posts by Author: Michael Flannelly
Starting next week, coffee retail giant Starbucks Corporation (SBUX Full Story »



) will start to post calorie counts on its menu board nationwide, ahead of a federal regulation that would require it to do so.
Shares of Hormel Foods Corporation (HRL Full Story »



) were down on Tuesday after the consumer food products manufacturer said that it was lowering its full-year earnings guidance, partially due to weak sales in its retail food products segment.
Needham & Company analysts reiterated their bullish rating on electronics components maker Jabil Circuit, Inc. (JBL Full Story »



) on Tuesday, ahead of the company’s third quarter earnings report to be released on Wednesday.
Before the opening bell on Tuesday, financial data provider FactSet Research Systems Inc (FDS Full Story »



) reported a rise in third quarter profits on higher revenues. Though adjusted earnings were in-line with estimates and revenue missed only slightly, the company’s stock plummeted in pre-market trading.
Analysts at Wells Fargo believe that Comerica Incorporated’s (CMA Full Story »



) share price already reflects any benefits that higher interest rates may provide the company. As such, the analysts downgraded the financial services company on Tuesday.
Goldman Sachs analysts view Canadian company Enbridge Inc (ENB Full Story »



) among the best organic growth midstream stocks. As such, the analysts upgraded the oil and natural gas transportation company on Tuesday.
A few months after activist investor Highfields Capital outlined a number of issues that Tim Hortons Inc. (THI Full Story »



) said it would address, the Canada-based quick service restaurant chain is now facing pressures from activist investor Scout Capital Management.
Following UnitedHealth Group Inc.’s (UNH Full Story »



) recent run-up to an all-time high share price, an analyst at Standpoint Research downgraded health care benefits company to “Hold” on Monday.
Citing near-term challenges and longer term questions that may limit the stock’s upside, Deutsche Bank analysts reiterated its tepid rating on food products manufacturer Mondelez International Inc (MDLZ Full Story »



) on Monday.

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