Canaccord Genuity Cuts Price target on Box (BOX) to $18 on Continued Pullback

Oppenheimer Remains Bullish on Box (BOX) Following 2Q16 Results

September 10, 2015 10:00 AM EDT

Oppenheimer reiterated an Outperform rating and $21.00 price target on Box, Inc. (NYSE: BOX) following the company's 2Q16 earnings results. Box's sales came in ahead of expectations at $73.5M vs. $69.7M. EPS was reported at ($0.28), 1c ahead of consensus.

Analyst Ittai Kidron commented, "Box... More

Wall St. rises with Apple, biotechs, but Fed jitters remain

September 10, 2015 7:36 AM EDT

By Caroline Valetkevitch

(Reuters) - U.S. stocks ended higher on Thursday in another day of broad swings as investors showed nervousness ahead of next week's much-anticipated Federal Reserve meeting, but gains in Apple and biotech shares supported the day's advance.

Apple's shares (NASDAQ: AAPL) rose 2.2 percent to $112.57, rebounding from losses the day before when the iPhone and iPad maker unveiled new offerings.

Biotech also boosted the market, with Gilead (NASDAQ: GILD) up 3.3 percent at $107.25, giving the second-biggest boost to the S&P 500 and Nasdaq after Apple.... More

After-Hours Stock Movers 09/09: (CNW) (SIGM) (PANW) Higher; (KKD) (LJPC) (SGEN) Lower (more...)

September 9, 2015 5:34 PM EDT

Con-way Inc. (NYSE: CNW) 32.7% HIGHER; XPO Logistics (NYSE: XPO) and Con-way Inc. (NYSE: CNW) announced that they have entered into a definitive agreement for XPO Logistics to acquire Con-way. The transaction will enhance XPO's range of supply chain solutions by making XPO the second largest less-than-truckload (LTL) provider in North America, and will expand the company's global contract logistics platform. XPO will also capitalize on synergies from the combination with Con-way's managed transportation, truckload and... More

Cloud storage company Box raises full-year forecast for second time

September 9, 2015 4:10 PM EDT

(Reuters) - Cloud storage provider Box Inc (NYSE: BOX) reported a better-than-expected rise in quarterly revenue and raised its full-year revenue forecast for the second time as more customers subscribed to its content-sharing platform.

Box expects full year revenue of $295 million to $297 million, up from $286... More

Box (BOX) Tops Q2 EPS by 1c; Boosts FY16 Revenue Outlook

September 9, 2015 4:03 PM EDT

Box (NYSE: BOX) reported Q2 EPS of ($0.28), $0.01 better than the analyst estimate of ($0.29). Revenue for the quarter came in at $73.5 million versus the consensus estimate of $69.81 million.

Box sees Q3 2015 revenue of $76 - $77 million, versus the consensus of $74.3 million.

Box sees FY2016... More

Trading Radar for 9/9: Palo Alto Networks (PANW), Barnes & Noble (BKS), HD Supply (HDS), Krispy Kreme (KKD), Phibro (PAHC) Report

September 8, 2015 2:07 PM EDT

The Trading Radar highlights key earnings and economic announcements for the next trading session:

Before Markets Open:
Economics:
7:00am EDT

MBA Mortgage Index - no Street consensus

Earnings:

Barnes & Noble (NYSE: BKS) - consensus EPS $0.12
Barnes & Noble Education, Inc. (NYSE: BNED) - consensus loss... More