Wall Street hit by healthcare slump; U.S. yields rise
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- US stock futures rise on tech rebound before Nvidia, inflation tests
- Oil hits one-week low as investors shrug off US sanctions on Iran
- 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
- Wattmore and Eos Energy strike non-exclusive storage software deal
- Grand Canyon Education places CFO on leave amid stock trade probe
- S&P 500, Nasdaq end down on tech stocks, investors weigh Iran moves
- Funds sell $44bn in semiconductors on AI concerns
- RUM Group signs $13.7 billion GPU services deal, issues warrants
Jefferies Reiterates Buy Following Verizon Communications (VZ) 3Q Results
October 21, 2015 9:04 AM EDTJefferies reiterated a Buy rating and $53.00 price target on Verizon Communications (NYSE: VZ) following the company's 3Q15 earnings results.
Analyst Mike McCormack commented, "Results reflected better profitability in both Wireless and Wireline. Wireless continues to perform well in a challenging environment, evident in... More
Allergan (AGN) Announces Launch of Refresh Optive Gel Drops
October 21, 2015 8:03 AM EDTAllergan (NYSE: AGN) announced the launch of the over-the-counter artificial tear REFRESH OPTIVE® Gel Drops, a new aqueous gel expertly designed for patients who need or desire a more viscous artificial tear option to relieve their Dry Eye symptoms. From REFRESH®, the creators of the number one doctor recommended brand of artificial tears1, new REFRESH OPTIVE® Gel Drops are formulated with Glycerin and a unique blend of the active ingredient CMC which binds to the eye surface to provide long-lasting relief from Dry Eye discomfort.
"With REFRESH OPTIVE® Gel Drops, eye care... More
Cowen Reiterates Market Perform as Verizon Communications (VZ) Reports In-Line Results
October 21, 2015 6:55 AM EDTCowen reiterated a Market Perform rating and $48.00 price target on Verizon Communications (NYSE: VZ) following the company's 3Q15 earnings results. VZ reported mostly in line 3Q15 results including rev/EPS of $33.16B/$1.04 vs. the Streets $32.97B/$1.02E.
Analyst Colby Synesael commented, "VZ... More
