In This Issue:

•Stocks Suffer as Rockets Fly: Overweight energy to hedge against geopolitical risk and record crude prices.
•STARS Status: Changes in S&P analysts' STARS rankings for July 17 through July 21.
•McClatchy, Media General Buck Trend: Weak advertising spending dogged newspaper publishers' second-quarter earnings season, but two companies circulated good news.
•Fine China: S&P weighs the risks of investing in top companies in one of Asia's fastest-growing economies.
•Stimulating Staples: S&P Equity Strategy recently upgraded the consumer staples sector to overweight.
•Johnson & Johnson Poised for Growth: We think the company's plan to buy a Pfizer unit should help diversify its revenue stream and make it more predictable.
•Welcome to Their World: Individual investors can now venture into the complex world of currency trading with foreign currency ETFs.

Some of the Companies Featured:

Abbott Labs
Altria
Brooks Automation
Chattem
Check Point Software
Constellation Brands
Cypress Semiconductor
Dobson Communications
Domino's Pizza
First Horizon Financial
First Marblehead
HouseValues
McClatchy
Media General
Reuters
United Technologies

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