Unusual 11 Mid-Day Movers 8/25: (AEPI) (GES) (VNDA) Higher; (PVCT) (DG) (SIG) Lower
- S&P 500 ends higher as markets weigh rising yields, upbeat corporate results
- Meta Platforms reports softer Q2 revenue guidance on plans to boost spending on AI
- IBM (IBM) announces mixed Q1 results, HashiCorp acquisition; shares down
- Equities turn lower, as fragile yen remains on intervention watch
- ServiceNow (NOW) stock falls as refreshed subscription outlook trails estimates
- Fisker (FSR) Appoints Michael Healy as Chief Restructuring Officer
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- Meta Platforms (META) Tops Q1 EPS by 39c, Offers Guidance
- Hasbro (HAS) brand strength sees earnings top expectations
- China acquired top-end Nvidia AI chips despite recent US ban- Reuters
- 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
- After-hours movers: Cadence Design Systems, Cleveland-Cliffs, Riot Platforms, and more
Jefferies Cuts Price Target on Dollar General (DG) to $78 Following 2Q Report
August 26, 2016 10:04 AM EDTJefferies maintained a Hold rating on Dollar General (NYSE: DG), and cut the price target to $78.00 (from $96.00), following the company's 2Q earnings report. Same store sales increased 0.7%, short of the Street's expectation for +2.7%. EPS of $1.08 was a penny short of Street expectation.
Analyst... More
UBS Cuts Price Target on Dollar General (DG) to $91; Reiterates Buy
August 26, 2016 8:07 AM EDTUBS maintained a Buy rating on Dollar General (NYSE: DG), and cut the price target to $92.00 (from $101.00), following the company's 2Q earnings report.
Analyst Michael Lasser commented, "While it was convenient for the market to try and pin DGs slower SSS... More