Wedbush Cuts Price Target on eBay (EBAY) Following 3Q Beat
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- Hasbro (HAS) brand strength sees earnings top expectations
- Meta Platforms (META) Tops Q1 EPS by 39c, Offers Guidance
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- Rubrik (RBRK) Prices Upsized 23.5M Share IPO at $32/sh
- Midday movers: Meta, IBM, Caterpillar fall; Chipotle rises
- 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
Needham & Company Remains Sidelined on eBay (EBAY) Following 3Q Report
October 20, 2016 7:07 AM EDTNeedham & Company reiterated a Hold rating on eBay (NASDAQ: EBAY) following the company's 3Q earnings report. eBay reported GMV of $20.1B, up 3% y/y or 5% ex-FX, and revenue of $2.2B, up 6% y/y or 8% ex-FX, slightly ahead of consensus estimates. eBay posted non-GAAP EPS of $0.45 for 3Q16,... More
eBay (EBAY) Turnaround on Track, Buy the Dip - Susquehanna
October 20, 2016 6:59 AM EDTSusquehanna analyst Shyam Patil reiterated a Positive rating and boosted his price target on eBay (NASDAQ: EBAY) to $38.00 (from $34.00) following results, the analyst said progress remains on track and is telling clients to buy the dip.
Patil highlighted:
Our thoughts going forward and upcoming catalysts. The turnaround remains on track and we would be buyers on the dip. As we have mentioned before, our Positive... MoreOption volume flows
October 20, 2016 6:54 AM EDTOptions expected to have increasing volume: EBAY PYPL HON GE SCSS SBUX DNKN MAT AXP
Options with increasing call volume on October 19; EIX IWD SCSS COT IWD IMMR MAT
Options with increasing put volume on October 18; TXT CTXS MAT MWW IWD ITW
eBay (EBAY) PT Bumped to $32 at RBC Following 'Mixed' Qtr
October 20, 2016 6:40 AM EDTRBC Capital analyst Mark Mahaney bumped his price target on eBay (NASDAQ: EBAY) to $32.00 (from $31.00) following mixed Q3 results but maintained an Sector Perform rating.
Keys for the quarter:
1) Overall GMV Trends Neutral 3% U.S. GMV growth was a surprising... More
Stocks with Implied Volatility Movement
October 20, 2016 5:33 AM EDTeBay (NASDAQ: EBAY) implied volatility at upper end of index mean range
... MoreAfter-Hours Stock Movers 10/19: (DRWI) (AVGR) (AXP) Higher; (SCSS) (DXPE) (EBAY) Lower (more...)
October 19, 2016 6:15 PM EDTToday's After-Hours Movers
DragonWave Inc. (Nasdaq: DRWI) 53% HIGHER; announced Sprint (NYSE: S) has selected its microwave backhaul equipment for network deployment as part of the company's densification and optimization strategy.
Select Comfort Corp (NASDAQ: SCSS) 17.8% LOWER; reported Q3 EPS of $0.56, $0.01 worse than the analyst estimate of $0.57. Revenue for the quarter came in at $368 million versus the consensus estimate of $391.02 million. GUIDANCE: Select Comfort Corp sees FY2016 EPS of $1.15-$1.25, versus the consensus of $1.24.
DXP... More
Ebay's holiday-quarter forecast disappoints; shares slump
October 19, 2016 4:23 PM EDTBy Anya George Tharakan and Nayyar Rasheed
(Reuters) - EBay Inc (NASDAQ: EBAY) forecast quarterly revenue and profit for the crucial holiday shopping season largely below market estimates, sending its shares down 8 percent in extended trading.
Ebay faces overwhelming competition from Amazon.com Inc (NASDAQ: AMZN) and brick-and-mortar retailers that are fast beefing up their online presence.
"Most of what is being sold... More
eBay (EBAY) Tops Q3 EPS by 1c, Offers Q4 Guidance
October 19, 2016 4:18 PM EDTeBay (NASDAQ: EBAY) reported Q3 EPS of $0.45, $0.01 better than the analyst estimate of $0.44. Revenue for the quarter came in at $2.22 billion versus the consensus estimate of $2.19 billion.
GUIDANCE:
eBay sees Q4 2016 EPS of $0.52-$0.54, versus the consensus of $0.54. eBay sees Q4... More
eBay (EBAY) October 31.5 straddle priced for movement of 7.3% on 160K contracts into Q3
October 19, 2016 3:53 PM EDTeBay (NASDAQ: EBAY) eBay (EBAY) October 31.5 straddle priced for movement of 7.3% into Q3
... MoreeBay (EBAY) volatility increases into Q3 and outlook
October 18, 2016 3:02 PM EDTeBay (NASDAQ: EBAY) current 30-day call option implied volatility is at 41, compared to a one month ago level of 26 into the expected release of Q3 results on October 19.
... MoreTrading Radar for 10/19: Morgan Stanley (MS), AmEx (AXP), Halliburton (HAL), eBay (EBAY), Mattel (MAT), Seagate (STX) Report
October 18, 2016 2:22 PM EDTThe Trading Radar highlights key earnings and economic announcements for the next trading session:
Before Markets Open:
Economics:
8:30am EDT
Earnings:
ASML Holdings (Nasdaq: ASML) - consensus EPS $1.05
Abbott (NYSE: ABT) - consensus EPS $0.58
Amphenol (NYSE: APH) - consensus EPS $0.68
BB&T Corp. (NYSE: BBT) - consensus EPS $0.71
Canadian Pacific... More
eBay (EBAY) volatility increases on more calls than puts into Q3 and outlook
October 18, 2016 11:00 AM EDTeBay (NASDAQ: EBAY) current 30-day call option implied volatility is at 41, compared to a one month ago level of 26 into the expected release of Q3 results on October 19. Call put ratio is 2 calls for everyone 1 put.