Wall Street slips as energy, consumer stocks drag
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- Nasdaq, S&P tumble as Netflix, chip stocks drag; AmEx boosts Dow
- Sony/Apollo bid for Paramount could be worth as much as $29 billion - Source
- Netflix Q1 earnings top estimates on blowout subscriber growth
- Nasdaq tumbles, Treasuries dip amid earnings, geopolitical crosscurrents
- Gold prices rally past $2,400 on reports of Israel strikes on Iran
- Tritium DCFC Limited (DCFC): Three Australian subsidiaries were determined to be insolvent or likely to become insolvent
- Hasbro (HAS) Announces Resignation of Cynthia Williams, President of Wizards of the Coast and Hasbro Gaming
- Jabil falls after placing CEO on paid leave amid internal investigation
- Frontier Communications (FYBR) says third party had gained unauthorized access to portions of its information technology environment
- Ibotta (IBTA) Prices 6.56M Share IPO at $88/sh
- Midday movers: Netflix, Super Micro fall; Paramount Global gains
- After-hours movers: Netflix, Intuitive Surgical, Nordstrom, KB Home
- Midday movers: Tesla, Blackstone, Las Vegas Sands fall; DR Horton rises
- After-hours movers: Alcoa rises; Equifax and Las Vegas Sands fall
- Midday movers: Travelers, JB Hunt fall; United Airlines rises
Jefferies Remains Bullish on Bank of America (BAC) Following 3Q Report
October 18, 2016 8:43 AM EDTJefferies reiterated a Buy rating and $19.00 price target on Bank of America (NYSE: BAC) following the company's 3Q earnings report. Fees were up 3% Y-Y on better IB, trading, service charges, and "other," flipping three quarters of negative comps.
Analyst Ken Usdin commented,... More
Needham & Company Reiterates Hold on Netflix (NFLX) Following 3Q
October 18, 2016 7:48 AM EDTNeedham & Company maintained a Hold rating on Netflix (NASDAQ: NFLX) following the company's 3Q earnings report. NFLX is ramping up its owned content, both Series and Unscripted. In January of 2013, Ted Sarandos stated that: "The goal is to become HBO faster than HBO can become... More
