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Wedbush Cuts Price Target on Tractor Supply (TSCO) to $65 Following 3Q

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Guggenheim Cuts Price Target on Tractor Supply (TSCO) Following 3Q Report

October 20, 2016 7:22 AM EDT

Guggenheim maintained a Buy rating on Tractor Supply Company (NASDAQ: TSCO), and cut the price target to $85.00 (from $90.00), following the company's 3Q earnings report. Current business trends remain challenging as does predicting the timing of the arrival of consistently cold weather. During the earnings call, management... More

Nestle cuts sales target as food sales disappoint

October 20, 2016 1:44 AM EDT

By John Revill

VEVEY, Switzerland (Reuters) - Nestle became the latest company to be hit by the global slowdown affecting food manufacturers after posting its weakest underlying sales growth in more than a decade.

The Swiss maker of Kitkat bars and Nescafe coffee cut its sales target for the year, saying European markets would continue to be deflationary, while certain developing markets stay weak.

It forecast no near-term blanket price increases in Western Europe, charting a different course to rival Unilever , whose push to raise prices in Britain in response to a... More

Tractor Supply (TSCO) Tops Q3 EPS by 1c; Guides In-Line

October 19, 2016 4:03 PM EDT

Tractor Supply (NASDAQ: TSCO) reported Q3 EPS of $0.67, $0.01 better than the analyst estimate of $0.66. Revenue for the quarter came in at $1.54 billion versus the consensus estimate of $1.54 billion.

Comparable Store Sales Decreased 0.6%.

GUIDANCE:

Tractor Supply sees FY2016 EPS of... More

Notable 52-Week Highs and Lows 10/18: (S) (ABEO) (DPZ) High; (TSCO) (OPB) Low

October 18, 2016 3:18 PM EDT

52-Week High:Sprint Corporation (NYSE: S) $7.16. Sprint Corp. reported preliminary Q3 results. Total net operating revenues of $8.25 billion grew 3 percent year-over-year and wireless net operating revenues of $7.85 billion grew nearly 5 percent year-over-year. Adjusted EBITDA of $2.35 billion in the quarter compared to $2.01 billion in the prior year quarter, an increase of approximately $340 million or 17... More

Trading Radar for 10/19: Morgan Stanley (MS), AmEx (AXP), Halliburton (HAL), eBay (EBAY), Mattel (MAT), Seagate (STX) Report

October 18, 2016 2:22 PM EDT

The Trading Radar highlights key earnings and economic announcements for the next trading session:

Before Markets Open:
Economics:
8:30am EDT

Housing Starts - Street sees 1.168MBuilding Permits - Street sees 1.164M

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

Tractor Supply (TSCO) volatility elevated into Q3 and outlook

October 18, 2016 10:38 AM EDT

Tractor Supply (NASDAQ: TSCO) October option implied volatility is at 66, November is at 32; compared to its 52-week range of 18 to 39 into the expected release of Q3 results on October 19.

... More