Global stocks at two-month highs, dollar up; oil down for week
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- S&P 500, Nasdaq close lower, dragged by Alphabet and megacap tech; focus on Iran
- Oil settles down more 3% after US-Iran talks signal easing supply risks
- Micron surges 5.5% on blockbuster Anthropic AI deal ahead of earnings
- Alan Greenspan, influential former Federal Reserve chair, dies at 100
- Buy gold stocks as valuations are cheap amid macro tension: BofA
- CoreWeave trains DeepSeek-V3 in two minutes in MLPerf benchmark
- Needham Starts NeoVolta (NEOV) at Buy
- Spain's ex-transport minister sentenced to 24 years for corruption
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
UBS Reiterates Buy Following General Electric's (GE) 3Q Results
October 19, 2015 9:03 AM EDTUBS reiterated a Buy rating and $32.00 price target on General Electric (NYSE: GE) following the company's 3Q15 earnings results. Oil & Gas revenues were down 7% organically but operating margins were up 70 bps (100 bps organically). GE is taking $1B+ of cost out of its Oil & Gas business 2015-16.... More
Cowen Remains bullish on Honeywell (HON) Following 3Q15 EPS Beat
October 16, 2015 9:04 AM EDTCowen reiterated an Outperform rating and $116.00 price target on Honeywell International (NYSE: HON) following the company's 3Q15 earnings results. EPS was reported at $1.60 vs. the Street's $1.55 and guided $1.51-1.56 on 1% organic growth.
Analyst Gautam Khanna commented, "Q3 EPS beat on strong execution,... More
