Wall Street slips on earnings; Apple falls late after results
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- Wall St rallies on bright earnings, megacaps' support
- JPMorgan is worried about further S&P 500 sell-off potential
- Oil rises 1% as dollar slips, focus shifts to economic data
- China acquired top-end Nvidia AI chips despite recent US ban- Reuters
- SAP Q1 results fall short of Wall Street estimates as transformation kicks off
- Fisker (FSR) Appoints Michael Healy as Chief Restructuring Officer
- Kroger (KR), Albertsons and C&S Wholesale Grocers Announce an Updated and Expanded Divestiture Plan
- Costar Group (CSGP) to Acquire Matterport (MTTR) for $5.50/sh Cash and Stock
- Jaguar Health (JAGX) Files $75M Mixed Shelf
- Apple (AAPL) PT Lowered to $210 at Morgan Stanley, 'We'd buy post-earnings weakness'
- Midday movers: PepsiCo, JetBlue fall; GM, Danaher and UPS rise
- After-hours movers: Cadence Design Systems, Cleveland-Cliffs, Riot Platforms, and more
- Midday movers: Tesla, Li Auto and CNH Industrial fall; Salesforce rises
- Midday movers: Netflix, Super Micro fall; Paramount Global gains
- After-hours movers: Netflix, Intuitive Surgical, Nordstrom, KB Home
Jefferies Reiterates Buy on Procter & Gamble (PG) Following 1Q Report
October 26, 2016 8:44 AM EDTJefferies reiterated a Buy rating and $98.00 price target on Procter & Gamble (NYSE: PG) following the company's 1Q earnings report. PG reported revenues of $16.5B, in line with consensus. +3% org sales exceeded Street estimates of +2.4%, driven by a solid +3% volume growth.
Analyst Kevin... More
FBR Capital Sees Under Armour (UA) Sell-Off as Buying Opportunity
October 25, 2016 3:05 PM EDTFBR Capital analyst Susan Anderson reiterated an Outperform rating and $39 price target on Under Armour, Inc. (NYSE: UA) following Q3 results and the sell-off in the stock. The analyst said the lowered profit guidance provides a buying opportunity.
Anderson commented, "UA posted 3Q16 EPS of $0.29, above FBR/consensus of $0.26/$0.25, driven by +22% top-line growth, vs. FBR/consensus of... More
