Imperial Capital Cuts Price Target on Whole Foods Market (WFM) to $53 Following 3Q Results

Notable 52-Week Highs and Lows 7/30: (MDLZ) (HOLX) (VG) High; (WFM) (LNCO) (QRVO) Low

52-Week High:Mondelez Int'l (Nasdaq: MDLZ) $. Mondelez Int'l reported Q2 EPS of $0.47, $0.08 better than the analyst estimate of $0.39. Revenue for the quarter came in at $7.7 billion versus the consensus estimate of $7.5 billion. The company's Board of Directors approved a $6.0 billion increase to the company's share repurchase authorization from $7.7 billion to $13.7 billion and extended the expiration by two years to December 31, 2018.

Hologic (Nasdaq: HOLX) $42.35. Hologic reported Q3 EPS of $0.43, $0.04 better than the... More

Sterne Agee CRT Downgrades Whole Foods Market (WFM) to Neutral (Earlier)

Sterne Agee CRT earlier downgraded Whole Foods Market (NASDAQ: WFM) from Buy to Neutral with a price target of $37.00 (from $55.00).

For an analyst ratings summary and ratings history on Whole Foods Market... More

Notable Analyst Rating Changes 7/30: (COF) (ORCL) (AET) Upgraded; (OWW) (WFM) (LINE) Downgraded

UPGRADES
Morgan Stanley upgrades Capital One Financial (NYSE: COF) from Equalweight to Overweight with a price target of $90.

Jefferies boosts Oracle (NYSE: ORCL) from Hold to Buy and moves its price target from $41 up to $50.... More

Wall St. lower at the open after GDP data

By Tanya Agrawal

(Reuters) - U.S. stocks opened lower on Thursday after data showed that the U.S. economy grew at a slower-than-expected pace in the second quarter even as the Federal Reserve left doors open for a possible rate hike in September.

Gross domestic product expanded at a 2.3 percent annual rate, the Commerce Department said, but economists had expected a 2.6 percent rise.

The numbers come a day after the Fed said the U.S. economy and job market continue to strengthen.

The Fed has maintained near-zero interest rates for nearly a decade,... More

Pre-Open Stock Movers 07/30: (UNIS) (SKX) (WDC) Higher; (LNCO) (SSYS) (WFM) (FB) Lower (more...)

Unilife Corp. (NASDAQ: UNIS) 24.6% HIGHER; announced the introduction of the Imperium platform of instant patch pumps for insulin.

Linn Co, LLC (LNCO) 19.5% LOWER;... More

Whole Foods Market (WFM) PT Slashed to $35 at BMO Capital; 'Comp Trends and Visibility Remain Challenging'

BMO Capital analyst Kelly Bania reiterated her Market Perform rating and cut her price target on Whole Foods Market (NASDAQ: WFM) to $35.00 (from $45.00) following Q3 results, noting comp trends and visibility remain challenging.

Bania commented, "While comp trends appear to be impacted by negative press... More

Whole Foods Market (WFM) PT Taken Down to $46 at RBC Capital; 'Buy' Maintained

RBC Capital analyst William Kirk lowered his price target on Whole Foods Market (NASDAQ: WFM) to $46.00 (from $51.00) but maintained an Outperform rating following weaker-than-expected Q3 results.

Krik commented, "After a weaker-than-expected quarter, soft quarter-to-date trends, and commentary suggesting near-term comp growth isn't the priority,... More

Wedbush Downgrades Whole Foods Market (WFM) to Neutral

Wedbush downgraded Whole Foods Market (NASDAQ: WFM) from Outperform to Neutral with a price target of $40.00 (from $54.00).

Analyst Phil Terpolilli commented, " After market close yesterday WFM reported 3Q15 EPS of $0.43 (or $0.44 adjusted vs. Wedbush $0.44, consensus $0.45), while top-line also fell short of our expectations, including... More

Whole Foods Market (WFM) PT Cut to $45 at SunTrust Robinson Humphrey; Maintains 'Buy'

SunTrust Robinson Humphrey analyst David Magee lowered his price target on Whole Foods Market (NASDAQ: WFM) to $45.00 (from $55.00) but maintained a Buy rating.

Magee commented, "WFM's 3Q EPS essentially met estimates, but comps were light. The NYC pricing "scandal" played a... More

Morgan Stanley Downgrades Whole Foods Market (WFM) to Equalweight

Morgan Stanley downgraded Whole Foods Market (NASDAQ: WFM) from Overweight to Equalweight with a price target of $37.00 (from $56.00).

For an analyst ratings summary and ratings history on Whole Foods Market click here. For more ratings news on Whole Foods Market click here.

Shares of Whole Foods Market closed at $40.82 yesterday.

Canaccord Genuity Downgrades Whole Foods Market (WFM) to Hold

Canaccord Genuity downgraded Whole Foods Market (NASDAQ: WFM) from Buy to Hold with a price target of $38.00 (from $51.00).

For an analyst ratings summary and ratings history on Whole Foods Market click here. For more ratings news on Whole Foods Market click here.

Shares of Whole Foods Market closed at $40.82 yesterday.

After-Hours Stock Movers 07/29: (UNIS) (SKX) (HOLX) Higher; (QRVO) (WFM) (FB) Lower (more...)

Unilife Corp. (NASDAQ: UNIS) 36.4% HIGHER; announced the introduction of the Imperium platform of instant patch pumps for insulin.

Qorvo (NASDAQ: QRVO) 17.8% LOWER; reported Q1 EPS of $1.09, $0.03 better than the analyst estimate of $1.06. Revenue for the quarter came in at $673.6 million versus the consensus estimate of $664.55 million. Qorvo sees Q2 EPS of $1.05-$1.15, versus the consensus of $1.28. Qorvo sees Q2 revenue of $690-710 million, versus the consensus of $743.57 million.

Ferro Corp. (NYSE:... More

Market Wrap: Pending Sales Miss Views in June; FOMC Looks to Jobs for Rate Hike; Facebook Slumps on Mobile Results

Market wrap for July 29th

End of the Day: S&P 500 up 15.3 to 2,108.57; Dow Jones up 121.1 to 17,751.39; Nasdaq up 22.5 to 5,111.73

Market Brief: The FOMC saw the U.S. economy expanding moderately in Q2 following a downturn in Q1 and expects a rate hike upon further job market improvement.

Markets reacted little to the FOMC statement today. All markets finished higher on the session.

Facebook was lower in late trading following its Q2 report as mobile metrics continued to... More

Whole Foods Market (WFM) Misses Q3 EPS by 1c, Sees FY15 Comp Sales Growth in Low Single Digits

(Updated - July 29, 2015 4:10 PM EDT)

Whole Foods Market (NASDAQ: WFM) reported Q3 EPS of $0.44, $0.01 worse than the analyst estimate of $0.45. Revenue for the quarter came in at $3.63 billion versus the consensus estimate of $3.69 billion.

Comparable store sales on a constant currency basis increased 1.3%.

"In the third quarter, our sales increased 8% to a record $3.6 billion translating to healthy EBITDA margin and return on invested capital," said Walter Robb, co-chief... More

Wall St higher ahead of Fed meeting

By Tanya Agrawal

(Reuters) - Wall Street was higher on Wednesday as investors assessed earning ahead of a statement from the U.S. Federal Reserve that could give clues regarding the timing of a rate hike.

Investors are focused on the outcome of the Fed's two-day policy meeting with markets divided on whether it will take a hawkish or dovish stance. No move on rates is expected this week.

In a recent congressional testimony, Fed Chair Janet Yellen neither ruled out a September interest rate hike nor guided the market toward thinking it was a... More