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- Wall St set to gain on tech rebound, Middle East in focus
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- Oil drops as Trump cancels planned strikes against Iran
- Intel rallies as BofA double-upgrades stock on increased CPU, foundry visibility
- Oppenheimer sees little strategic case for Tesla-SpaceX merger
- NASDAQ adds five companies to NASDAQ-100 index in quarterly rebalance
- Adobe CFO Dan Durn to depart company in June 2026
- Oppenheimer Starts SpaceX (SPCX) at Outperform, PT $190, 'space infrastructure appears structurally advantaged'
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- Axsome Therapeutics (AXSM) PT Raised to $380 at Jefferies
Brean Capital Cuts Price Target on Groupon (GRPN) Following 2Q Miss
August 10, 2015 7:17 AM EDTBrean Capital maintained a Buy rating on Groupon, Inc. (NASDAQ: GRPN), and cut the price target to $8.00 (from $11.00), following 2Q results. Total sales of $738.1MM were lower than the consensus estimate of $740.3MM and compared against managements guidance of $700MM-$750MM. Adjusted EBITDA was $61.1MM,... More
FBR Capital Raises Price Target on NVIDIA (NVDA) Following 2Q EPS Beat
August 7, 2015 9:45 AM EDTFBR Capital reiterated a Market Perform rating on NVIDIA (NASDAQ: NVDA), and raised the price target to $24.00 (from $23.00) following 2Q15. NVDA reported revenue of $1.15B, better than the Street estimate of $1.01B. Non-GAAP EPS of $0.34 were $0.13 better than the Streets estimate.
Analyst Christopher Rolland commented, "On Thursday evening, August 6, NVIDIA reported better-than-expected C2Q15 results and C3Q15... More
Cablevision Systems (CVC) Tops Q2 EPS by 2c
August 7, 2015 7:32 AM EDTCablevision Systems (NYSE: CVC) reported Q2 EPS of $0.27, $0.02 better than the analyst estimate of $0.25. Revenue for the quarter came in at $1.65 billion versus the consensus estimate of $1.65 billion.
For earnings history and earnings-related data on Cablevision Systems (CVC) click here.
... MoreGroupon (GRPN) Misses Q2 EPS by 1c; Guides Q3 EPS Below Expectations
August 7, 2015 7:31 AM EDTGroupon (NASDAQ: GRPN) reported Q2 EPS of $0.02, $0.01 worse than the analyst estimate of $0.03. Revenue for the quarter came in at $738.4 million versus the consensus estimate of $740.37 million.
Gross billings, which reflect the total dollar value of customer purchases of goods and services, increased to $1.53 billion in the second quarter 2015, compared with $1.50 billion in the second quarter 2014. Gross billings grew 2%... More

