Amplify Snack Brands (BETR) Misses Q3 EPS by 3c; Updates FY16 Outlook
- Shares jump on tech boost; fragile yen on intervention watch
- Tesla touts acceleration of new models, but Q1 results fall short of estimates
- Boeing reports first revenue drop in 7 quarters as deliveries decline
- Oil prices steady after rallying on US stock decline, business data
- Yen on the brink, but Tesla pulls back
- Fisker (FSR) Appoints Michael Healy as Chief Restructuring Officer
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- China acquired top-end Nvidia AI chips despite recent US ban- Reuters
- Wolfe Research Downgrades Warner Brothers Discovery (WBD) to Underperform, 'out of concern that an incipient advertising downturn put guidance at risk'
- Wall Street closes higher as investors digest earnings, megacap outlook
- Tesla, AT&T, Biogen and Hasbro rise premarket; Uber, Enphase fall
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
- 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
UPDATE: Oppenheimer Downgrades Amplify Snack Brands (BETR) to Perform
November 15, 2016 7:11 AM EST(Updated - November 15, 2016 9:33 AM EST)
Oppenheimer downgraded Amplify Snack Brands (NYSE: BETR) from Outperform to Perform and removed its price target (prior $17.00). The change follows weaker than expected Q3 results.
Analyst Rupesh Parikh said, "Earlier this evening, BETR reported Q3... More
Credit Suisse Downgrades Amplify Snack Brands (BETR) to Neutral; Execution Missteps
November 15, 2016 6:38 AM ESTCredit Suisse downgraded Amplify Snack Brands (NYSE: BETR) from Outperform to Neutral with a price target of $13.00 (from $18.00) following Q3 execution missteps.
Analyst Robert Moskow commented, "We are lowering our rating on Amplify to Neutral and lowering our target price to $13/share. Amplify missed its 3Q... More