Costco Wholesale (COST) Tops Q4 EPS by 4c; Comps Rose 3%
- 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
- Tesla touts acceleration of new models, but Q1 results fall short of estimates
- Boeing reports first revenue drop in 7 quarters as deliveries decline
- Oil settles lower as U.S. business activity cools, concerns over Middle East ease
- Fisker (FSR) Appoints Michael Healy as Chief Restructuring Officer
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- Hasbro (HAS) brand strength sees earnings top expectations
- Meta Platforms (META) Tops Q1 EPS by 39c, Offers Guidance
- China acquired top-end Nvidia AI chips despite recent US ban- Reuters
- 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
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- Midday movers: Tesla, Li Auto and CNH Industrial fall; Salesforce rises
Jefferies Reiterates Hold on Costco Wholesale (COST) Following 4Q Report
September 30, 2016 8:09 AM EDTJefferies reiterated a Hold rating and $135.00 price target on Costco Wholesale (NASDAQ: COST) following the company's 4Q earnings report. Total sales came in at $35.7bn as preannounced, but was softer than Q3, reflecting somewhat softer traffic. Shares have held up well the last 9... More
Cowen Reiterates Outperform as Costco Wholesale (COST) Remains Confident on Comp Growth
September 30, 2016 7:37 AM EDTCowen reiterated an Outperform rating and $170.00 price target on Costco Wholesale (NASDAQ: COST) following the company's 4Q earnings report and conference call. COST acknowledged recent Cowen proprietary data which indicates Amazon Prime's footprint broadening and could pose a greater threat to Costco given a... More
RBC Capital Raises Price Target on Costco Wholesale (COST) Following 4Q Report
September 30, 2016 6:51 AM EDTRBC Capital reiterated an Outperform rating on Costco Wholesale (NASDAQ: COST), and raised the price target to $178.00 (from $177.00), following the company's 4Q earnings report. Costco reported flat comps, essentially in-line with estimates and membership fee income grew ~6% YOY to $832 million, in-line with the Street. EPS of... More
Costco (COST) puts more active than calls, September 148 straddle priced for 3.3% move into Q4
September 29, 2016 3:05 PM EDTCostco Wholesale (NASDAQ: COST) September weekly puts option implied volatility is at 75, October is at 23; compared to its 52-week range of 15 to 30 into the expected release of Q4 results today after the market close. September weekly 145 and 148 puts are active on total put volume of 29K contracts (18K calls).
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