Wall Street drops as anxious investors eye China

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UBS Cuts Price Target on Alcoa (AA) Following Board Approved Plan to Separate Business

September 29, 2015 6:56 AM EDT

UBS maintained a Buy rating on Alcoa (NYSE: AA), and cut the price target to $13.00 (from $14.00), after the board approved a plan to separate its upstream and downstream business units into two separate, publicly-traded companies. Revenues for Upstream Co. over the LTM totalled... More

Apple (AAPL) iPhone 6S Units Flat to Slightly Higher Y/Y on Pro-Forma Basis, Cowen Says

September 28, 2015 11:40 AM EDT

Cowen analyst Timothy Arcuri weighed in on Apple (NASDAQ: AAPL) after the company announced it sold more than 13MM new iPhone 6s/6s+ units over the three-day launch weekend, which was above Street expectations in ~12-13MM range,

Amid the data, Arcuri said they... More