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Stock Upgrades: Love in the Air for Southwest
By the time yoga darling Lululemon Athletica (LULU) brought proceedings to a close equities had adopted a distinct downward dog pose. Markets incurred their worst losses of this still embryonic year with financials again to the fore. Bank of America (BAC) wishing to put a mortgage mess behind it paid Fannie Mae in the hope it all would go away. (It apparently misheard Wall Street’s most widely used cliché.) The financial firm once famously foreclosed on itself but it has nothing on American International Group (AIG). That star-crossed organization is all set to sue Uncle Sam even as its “Thank You America” ads are still on the air. Elsewhere ...
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