After-Hours Stock Movers 10/17: (NFLX) (RECN) (TACO) Higher; (BMI) (NKTR) (IBM) Lower (more...)
- S&P 500 closes higher to secure strongest Q1 since 2019
- UBS sees 5 warnings signals on semiconductor chip stocks
- US consumer sentiment tops estimates in March to hit nearly 3-yr high, UMich says
- Reddit (RDDT) stock continues to slide as short-sellers eye stock
- Estée Lauder (EL) climbs as BofA upgrades to Buy on profit recovery expectations
- AMC Entertainment (AMC) enters into an equity distribution agreement
- Kerrisdale Capital is short Microstrategy (MSTR), long bitcoin
- Discover Financial Services (DFS) Announces CEO Resignation
- Intuitive Machines (LUNR) Files for $300M Share Offering, 160M Share Offering by Selling Stockholders
- AMC Entertainment (AMC) Enters $250M ATM Agreement
Nomura Securities Raises Price Target on Celanese Corp. (CE) Following 3Q EPS Beat
October 19, 2016 8:57 AM EDTNomura Securities reiterated a Neutral rating on Celanese Corp. (NYSE: CE), and raised the price target to $77.00 (from $70.00), following the company's 3Q earnings report. CE reported EPS of $1.67, ahead of the consensus estimate of $1.61. Nomura sees CE's share price risks skewed to the... More
Jefferies Remains Bullish as Visa (V) Announces CEO Resignation
October 18, 2016 8:59 AM EDTJefferies reiterated a Buy rating and $93.00 price target on Visa (NYSE: V) following the company's announcement that CEO Charlie Scharf is resigning. Mr. Scharf is being replaced by Board member Alfred Kelly, a former AXP executive. Mr. Scharf has decided to resign as... More
Wedbush Remains Sidelined as Visa (V) CEO Announces Resignation
October 18, 2016 8:14 AM EDTWedbush reiterated a Neutral rating and $77.00 price target on Visa (NYSE: V) following the company's announcement the CEO Charlie Scharf is resigning. The resignation is effective December 1st, when new CEO Alfred F. Kelly, Jr. is set to take over. Mr. Scharf informed the board of directors of this decision to... More
Wedbush Raises Price Target on Del Taco Restaurants (TACO) to $17 Following Strong 3Q
October 18, 2016 7:57 AM EDTWedbush reiterated an Outperform rating on Del Taco Restaurants (NASDAQ: TACO), and raised the price target to $17.00 (from $15.00), following the company's 3Q earnings report. EPS of $0.13 was a penny above consensus, but higher G&A and tax rate limited flow-through. SSS growth of 7.1% at co-owned... 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
Needham & Company Reiterates Buy on GigOptix (GIG) Following 3Q Earnings Report
October 18, 2016 7:18 AM EDTNeedham & Company reiterated a Buy rating and $3.50 price target on GigOptix (NYSE: GIG) following the company's 3Q earnings report. GigPeak reported 3Q16 revenue of $15.8MM and NG EPS of $0.05. Adjusted EBITDA was a record $4.6MM, above $4.0MM estimates. GIG guided 4Q16 revenue to $16.0-16.2MM, ahead of $16.0MM... More