Heavily Shorted Stocks Squeeze Higher on Tepper Blessing
- Stocks and yen struggle as tech troubles weigh
- Meta Platforms reports softer Q2 revenue guidance on plans to boost spending on AI
- Oil steady as US demand concerns balance Middle East conflict risks
- Yen hits fresh 34-year lows against dollar ahead of BOJ meeting
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- Meta Platforms (META) Tops Q1 EPS by 39c, Offers Guidance
- Hasbro (HAS) brand strength sees earnings top expectations
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- Crude Inventory Declined 6.4 Million Barrels Last Week
- After-hours movers: Meta, Ford, IBM, ServiceNow and more
- Midday movers: Tesla, Boeing rise; Uber, Old Dominion Freight 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
Deutsche Bank Downgrades SodaStream International (SODA) to Hold; Positives Priced In
May 16, 2013 7:00 AM EDTDeutsche Bank downgraded SodaStream International (NASDAQ: SODA) from Buy to Hold but raised its price target from $56 to $68. The firm said while the penetration/mix opportunity is compelling, it is largely priced in.
Analyst Bill Schmitz Jr. said, "Company continues to expand household penetration and improve mix through sales of margin accretive flavors and CO2 canister refills, especially in the core... More
First Analysis Downgrades ITT Educational Services (ESI) to Equal Weight
May 15, 2013 8:08 AM EDTFirst Analysis downgraded ITT Educational Services (NYSE: ESI) from Overweight to Equal Weight.
For an analyst ratings summary and ratings history on ITT Educational Services click here. For more ratings news on ITT Educational... More