Wall St. up on housing data; Disney boosts media stocks
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- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- UBS says bull market has further to run
- S&P 500 may pull back before midterms, but Citi says buy the dip
- Global yield relief evaporates as U.S. rates push back toward multi-decade peaks
- BofA's Hartnett sees dollar slump, risk selloff if bond intervention fails
- Applied Optoelectronics sets up $600M at-the-market stock offering
- Fannie Mae loses at least 10 senior executives amid departures - WSJ
- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- One killed, three injured when man attacks Swedish school with sword
- Morgan Stanley course-corrects their semiconductor equipment outlook on demand
FBR Capital Remains Bullish on Liberty Interactive (QVCA) Following Announced Zulily Acquisition
August 17, 2015 3:10 PM EDTFBR Capital reiterated an Outperform rating and $32.00 price target on QVC Group (NASDAQ: QVCA) following announced deal to acquire Zulily for $2.4 billion of cash and stock. Analyst Barton Crockett said that the acquisition announced before the market opened on August 17th, creates a new possibility of growth at a QVC that, until now, has had muted growth prospects.
Crockett commented, "QVC's surprising news... More
