After-Hours Stock Movers 08/11: (SGI) (ACIA) (DK) Higher; (ORIG) (XCOM) (VJET) Lower (more...)
- Discover Financial Services (DFS) Announces CEO Resignation
- Timken (TKR) Appoints Tarak Mehta as New CEO
- Crude Inventory Increases 3.2 Million Barrels
- Intuitive Machines (LUNR) Files for $300M Share Offering, 160M Share Offering by Selling Stockholders
- Many senior Amazon employees won't get cash raises this year - Fortune
Needham & Company Remains Sidelined on Viavi (VIAV) Following Following 4Q Report
August 15, 2016 7:12 AM EDTNeedham & Company maintained a Hold rating on Viavi Solutions (NASDAQ: VIAV) following the company's 4Q earnings report. The company's OSP unit is expected to decline year-over-year by ~$25-30MM in revenues. Needham also estimate the profits from the Legacy SE businesses will decline by roughly $7MM. Cost cuts are likely to help... More
Oppenheimer Adjusts Estimates on Sunrun (RUN); Reiterates Outperform
August 12, 2016 9:45 AM EDTOppenheimer reiterated an Outperform rating on Sunrun (NASDAQ: RUN), and raised the price target to $9.00 (from $8.00), following the company's 2Q earnings report. Oppenheimer adjusted revenue and GAAP EPS estimates to $143M and ($0.25), from $130.2M and ($0.34) for the 3Q, versus the consensus estimates of $132M and... More
Piper Jaffray Raises Price Target on Planet Fitness (PLNT) to $23 Following 2Q Report
August 12, 2016 7:50 AM EDTPiper Jaffray reiterated an Overweight rating on Planet Fitness (NYSE: PLNT), and raised the price target to $23.00 (from $21.00), following the company's 2Q earnings report. System-wide comparable sales grew 7.6% during the quarter, better than the 5.9% the street was expecting and an increase from 6.8% in Q1.... More
Baird Reiterates Outperform on Itron (ITRI) Following Solid 1Q Report - PT to 47
August 12, 2016 7:10 AM EDTBaird reiterated an Outperform rating and $47.00 price target on Itron (NASDAQ: ITRI) following the company's 1Q earnings report. ITRI reported revenue of $497.6M vs. consensus estimates of $450.8M. Non-GAAP EPS was $0.44 vs. consensus estimates of $0.32.
Analyst Ben Kallo commented, "Q1 beat our... More