The Dow rallies nearly 400 points, regaining more than half its correction losses. Plus – Eeny, meeny, miny, moe – which airline might Warren Buffett pick if he buys one outright? And – Apple’s going big with a new iPhone – we break down the latest report. Plus – Ladies — me too? meet Jane Walker, a whiskey for women. Catch The Final Round at 3:55 ET p.m. with Jen Rogers, Yahoo Finance Editor-in-Chief Andy Serwer, and Yahoo Finance markets correspondent Myles Udland.
Winners and losers
Stocks in the green include The Madison Square Garden Company as PE firm Silver Lake increased its stake in the owner of the Knicks and Rangers to 6.3%, Finish Line as Susquehanna upgraded the retailer to ‘positive’ citing favorable sales trends, and Spectrum Brands – shares jumping as the maker of Qwikset locks and Rayovac batteries will be bought by top shareholder HRG Group, for $10 billion.
Stocks in the red include Dean Foods as the food and dairy producer missed on both the top and bottom lines, Mattel as Jefferies downgraded the toymaker to ‘underperform’ claiming downside risks are growing, and Weibo – shares of the Chinese search giant getting hit on reports the Chinese government has stepped up censoring efforts in the wake of the Communist party’s plans to scrap the presidential two-term limit.
