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Stock Downgrades: Bear Hug for Hershey's Kisses
Mount Whitney at over 14 000 feet is the highest summit in the contiguous United States but until Friday the Dow (^DJI) hadn’t seen that lofty level since Meredith Whitney downgraded Citigroup (C) in October 2007. Stocks are now on a roll at least on this side of the Atlantic. Across the ocean Spain’s Bankia (PINK:BNKXF) — whose headquarters tilt at an unnerving angle — tumbled 25% on the week. Yet Europe once again can lean on America with pride-of-Peoria Caterpillar (CAT) jumping 4.1% and Oshkosh (OSK) up $6.50. Super Bowl ads continued to work as a reliable contrary indicator.    Apple Inc. (AAPL) which invented the genre in 1984 has now ...
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