Coal Stocks Continue to Flounder (WLT) (ACI)
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- Wall St drops as Meta Platforms, economic data weigh
- Q1 US GDP shows surprise slowing and uncomfortable inflation
- Meta shares dip on softer Q2 revenue guidance, elevated AI spending plans
- Oil steady as US demand concerns balance Middle East conflict risks
- Dollar firmer on higher U.S. inflation; yen sinks vs euro, US currency
- 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
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- Midday movers: PepsiCo, JetBlue fall; GM, Danaher and UPS rise
Nomura Securities Upgrades Peabody Energy (BTU) to Neutral, Concerns Priced In
March 18, 2013 7:49 AM EDTNomura Securities upgraded Peabody Energy (NYSE: BTU) from Reduce to Neutral with a price target of $22.00.
The upgrade comes as key market concerns and EPS risks surrounding BTU are now factored into the valuation, according to the firm's view.
"We believe the cost... More
