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MOST NOTEWORTHY: Yahoo and Microsoft were today's noteworthy initiations:
- Yahoo (NASDAQ: YHOO) coverage was resumed with a Neutral, target $26 at Goldman Sachs.
- Microsoft (NASDAQ: MSFT) coverage was resumed with a Buy, target $38 at Goldman Sachs.
OTHER INITIATIONS:
- Petrobras (NYSE: PBR) was initiated with an Overweight at J.P. Morgan.
- Joy Global (NASDAQ: JOYG) coverage was resumed with an Overweight, target $88 at Lehman Brothers.
- Bucyrus (NASDAQ: BUCY) coverage was assumed with an Overweight, target $140 at Lehman Brothers.
Where have all the consumers gone?
Yahoo! soars on report that former AOL CEO wants to buy
What ever happened to GE?
