Energy, tech push stocks up; Nasdaq 100 sets record
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- Wall St tumbles on tech selloff as concerns about hawkish Fed, AI spending mount
- SpaceX extends losses after $600 billion wipeout, tech stocks slide again
- Oil steady as investors focus on Hormuz flows after peace talks
- South Korea leveraged ETF crisis sparks global chip selloff
- Trump announces nuclear deal with Iran, lifts Hormuz blockade
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- 'Equal and opposite': BTIG's Krinsky sees sharp reversal ahead for chip stocks
Cowen Reiterates Market Perform on Sprint Corp. (S) Following 3Q Results
November 4, 2015 10:07 AM ESTCowen reiterated a Market Perform rating and $3.50 price target on Sprint (NYSE: S) following the company's 3Q earnings report. S reported mixed revenue and EBITDA of $7.98B/$2.01B vs. the Streets $8.12B/$1.93B. The results were highlighted by positive postpaid phone... More
Activision Blizzard (ATVI) PT Lifted to $40 at UBS on Solid Results and King Deal
November 4, 2015 8:10 AM ESTUBS analyst Eric Sheridan reiterated a Buy rating and boosted his price target on Activision Blizzard (NASDAQ: ATVI) to $40.00 (from $36.00) following solid results and the KING takeover.
commented, "While ATVI delivered another quarter of upside across revenues, EBITDA and EPS driven... More
Activision Blizzard (ATVI) Becomes a Leader in Mobile Gaming with King Digital Entertainment (KING) Acquisition; MKM Partners Reiterates Buy
November 3, 2015 3:31 PM ESTMKM Partners reiterated a Buy rating and $38.00 price target on Activision Blizzard (NASDAQ: ATVI), following the company's announced acquisition of, mobile gaming company, King Digital Entertainment (NYSE: KING). With three new titles slated for release in 2016, including Kings's first midcore game,... More
Activision Blizzard (ATVI) Surprises Macquarie With KING Acquisition; Macquarie Reiterates Outperform
November 3, 2015 1:46 PM ESTMacquarie reiterated an Outperform rating on Activision Blizzard (NASDAQ: ATVI), and raised the price target to $36.00 (from $28.00), following the announced acquisition of King Digital Entertainment (NYSE: KING) and 3Q earnings results. Overall, 3Q numbers and commentary were mostly... More
Kellogg (K) Tops Q3 EPS by 2c; Boosts Operating Cash Flow Outlook
November 3, 2015 8:04 AM ESTKellogg (NYSE: K) reported Q3 EPS of $0.85, $0.02 better than the analyst estimate of $0.83. Revenue for the quarter came in at $3.33 billion versus the consensus estimate of $3.43 billion.
ellogg Raises Guidance for Operating Cash Flow After Capital Expenditure, Reaffirms Other Full-Year 2015 Currency-Neutral Comparable Guidance
The company reaffirmed previous guidance for currency-neutral comparable net sales, operating profit, and earnings per share in 2015; the company raised guidance for full-year cash flow. Currency-neutral comparable net sales are expected to remain approximately unchanged year-over-year. Kellogg expects... More
