With global outlook weak, many U.S. companies tighten belts
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- Wall Street ends lower as higher yields, rising oil prices mark shaky start to September
- Oil prices jump 4% as fresh US-Iran fighting stokes supply fears
- Two Saudi tankers struck in Strait of Hormuz Monday
- Dell again lifts annual forecasts as AI demand powers record results
- Fed’s Barr backs rate hike if inflation fails to cool, September odds hit 66%
- GoPro to merge with Starman Optical in $285M recapitalization deal
- GoPro (GPRO) Halted, News Pending
- Wall Street ends lower as higher yields, rising oil prices mark shaky start to September
- Gap taps Coach architect Reed Krakoff for $29.95-$498 handbag line
- Comstock Resources signs $1.65B deal with SOCAR, $450M JV
Twitter (TWTR) Attributes EBITDA Upside to Cost Shifting to 4Q; Sterne Agee CRT Remains Neutral
October 28, 2015 10:30 AM EDTSterne Agee CRT maintained a Neutral rating on Twitter, Inc. (NYSE: TWTR) following the company's 3Q earnings results. 3Q revenue and EBITDA were 2% and 22%. Management attributed some of the EBITDA upside to costs shifting to 4Q. Monthly Active Users (MAUs) were again light relative to... More
Sterne Agee CRT Reiterates Buy on Foot Locker (FL); Says Sell-Off is Unwarranted
October 26, 2015 2:00 PM EDTSterne Agee CRT reiterated a Buy rating and $85.00 price target on Foot Locker (NYSE: FL) following an 8% drop in the market on Friday. Analyst Sam Poser believes that the sell off is unwarranted. Industry checks indicate that in malls where a Nike (NYSE: NKE) store opens,... More
Expectations for Twitter (TWTR) Low Heading into Q3 Report; MKM Affirms at 'Neutral'
October 26, 2015 12:41 PM EDTMKM is out with a preview of Twitter's (NYSE: TWTR) Q3 report, which is expected out after markets close tomorrow.
Analyst Rob Sanderson noted that Twitter pre-announced that Q3 results will come in at the high-end or better than $560 million in revenue and $115... More
