Masonite Int'l (DOOR) Tops Q2 EPS by 14c
- Wall St set to open lower as Meta Platforms, economic data weigh
- Meta shares dip on softer Q2 revenue guidance, elevated AI spending plans
- Oil steady as US demand concerns balance Middle East conflict risks
- Yen at multi-decade lows, dollar drops before US data
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- Hasbro (HAS) brand strength sees earnings top expectations
- Meta Platforms (META) Tops Q1 EPS by 39c, Offers Guidance
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- Crude Inventory Declined 6.4 Million Barrels Last Week
- Meta Platforms, IBM, Caterpillar fall premarket; American Airlines, Chipotle rise
- After-hours movers: Meta, Ford, IBM, ServiceNow and more
- Midday movers: Tesla, Boeing rise; Uber, Old Dominion Freight fall
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
- Midday movers: PepsiCo, JetBlue fall; GM, Danaher and UPS rise
Imperial Capital Cuts Price Target on Masonite Int'l (DOOR) to $77 Following 2Q Miss
August 12, 2016 7:23 AM EDTImperial Capital maintained an Outperform rating on Masonite International (NYSE: DOOR), and cut the price target to $77.00 (from $80.00), following the company's 2Q earnings report. DOOR reported adjusted 2Q16 EBITDA of $68.5mn, below the Street's $71.8mn estimate. Revenue of
$514mn missed Imperial's estimates by $16mn.... More