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- 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 mixed as investors eye earnings; yen on intervention watch
- ServiceNow (NOW) stock falls as refreshed subscription outlook trails estimates
- Meta Platforms (META) Tops Q1 EPS by 39c, Offers Guidance
- Hasbro (HAS) brand strength sees earnings top expectations
- IBM (IBM) announces mixed Q1 results, HashiCorp acquisition; shares down
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- Crude Inventory Declined 6.4 Million Barrels Last Week
- 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
MKM Partners Raises Price Target on Ciena (CIEN) to $28; Reiterates Buy
September 2, 2016 10:51 AM EDTMKM Partners reiterated a Buy rating on CIENA (NYSE: CIEN), and raised the price target to $28.00 (from $26.00), following the company's 3Q earnings report. MKM's bullish view is based on the strong U.S. and European 100+G Metro and DCI cycles that should drive total... More
BMO Capital Raises price Target on Ciena (CIEN) to $27.00 Following 3Q Report
September 2, 2016 10:08 AM EDTBMO Capital reiterated an Outperform rating on CIENA (NYSE: CIEN), and raised the price target to $27.00 (from $25.00), following the company's 3Q earnings report. CIEN reported in-line revenues and margins and EPS that was better than expected. EPS of $0.42 was above consensus estimate of $0.38.... More
