Trading Radar for 11/4: Duke Energy (DUK), Genworth Financial (GNW), Shutterstock (SSTK), TDS (TDS) Report
- 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
- Wall St indexes split, 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 Cuts Price Target on Shutterstock (SSTK) Following Mixed 3Q
November 7, 2016 9:27 AM ESTJefferies maintained a Hold rating on Shutterstock (NYSE: SSTK), and cut the price target to $55.00 (from $62.00), following the company's 3Q earnings report. Revenues were $123M, missing consensus estimates of $127M. Non-GAAP EPS was $0.40, ahead of the consensus of $0.33.
Analyst Brian Fitzgerald... More
Jefferies Reiterates Hold on E.W. Scripps Co. (SSP) - PT to $14
November 7, 2016 9:18 AM ESTJefferies maintained a Hold rating on The E.W. Scripps Company (NYSE: SSP), and cut the price target to $14.00 (from $18.00), following the company's 3Q earnings report. Management highlighted that significantly lower presidential ad spend, and reduced exposure to key swing states is driving... More
UBS Cuts Price Target on PG&E Corp. (PCG) to $64; Reiterates Neutral
November 7, 2016 7:53 AM ESTUBS maintained a Neutral rating on PG&E Corporation (NYSE: PCG), and cut the price target to $64.00 (from $67.00). UBS perceives the key challenge for now as tied to the Cost of Capital Case, which could see the cost of debt trued-up, a tailwind of ~$75 Mn or ~$0.10... More