Wall St. drops as oil's multi-year low adds to investor fears
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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
- 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
- Qtrex Quantum executives plan to buy up to 2M shares over 12 months
Nomura Securities Raises PT on Dow Chemical (DOW) Following Announced 50/50 All-Stock Merger
December 14, 2015 8:36 AM ESTNomura Securities reiterated a Buy rating on Dow Chemical (NYSE: DOW), and raised the price target to $64.00 (from $62.00), following the company's announcement, along side DuPont, of plans to combine in a 50/50 all-stock merger of equals. The merger is expected to close in... More
Rosenblatt Reiterates Buy on Adobe Systems (ADBE) Following 4Q Beat
December 11, 2015 9:59 AM ESTRosenblatt reiterated a Buy rating and $112.00 price target on Adobe (NASDAQ: ADBE) following the company's 4Q earnings report. Marketing cloud revenue came in light because of better than expected transition from perpetual to subscription business for Experience and Campaign Manager. ADBE also said... More
UBS Raises PT to $105 Following Adobe Systems' (ADBE) Q4 Beat
December 11, 2015 9:07 AM ESTUBS reiterated a Buy rating on Adobe (NASDAQ: ADBE), and raised the price target to $105.00 (from $90.00), following the company's 4Q earnings report. Revenue of $1,306M beat the Street's $1,305M estimates, and compares to guidance of $1,275-1,325M. EPS of $0.62 came in ahead of the Street's $0.60 estimate by 2... More
United Tech (UTX) Offers No Frills Guidance; Outlook Appears Well Balanced - RBC
December 11, 2015 8:23 AM ESTRBC reaffirmed its Sector Perform rating and $100 price target on United Technologies Corp. (NYSE: UTX) following the company's issuance of FY16 guidance and update on Thursday.
Analyst Robert Stallard noted that UTX has a balanced outlook for next year. The analyst commented: UTX has a lot of moving parts, but we would... More
