Symantec to get $1 billion less cash in sale of Veritas to Carlyle
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 10/21/2026
Go back to Symantec to get $1 billion less cash in sale of Veritas to Carlyle
January 20, 2016 9:36 AM EST
UBS maintained a Buy rating on Morgan Stanley (NYSE: MS), and cut the price target to $34.00 (from $42.00), following the company's 4Q earnings report. UBS lowered estimates by 16c to $3.00 per share in 2016, and by 12c to $3.40 per share in 2017, driven by lower FICC revenues and higher credit headwinds, partially offset by greater expense discipline. Going... More
January 20, 2016 9:06 AM EST
UBS maintained a Buy rating on Bank of America (NYSE: BAC), and cut the price target to $18.00 (from $20.00), as shares underperform following 4Q earnings. UBS says that the weakness is due to concerns around the company's energy exposure, specifically its "higher risk" subsectors. Management remains confident that core expenses will run just under $13 billion per quarter in a... More
January 20, 2016 7:05 AM EST
FBR Capital reiterated an Outperform rating and $20.00 price target on Bank of America (NYSE: BAC) following the company's 4Q earnings report. BAC's results were weighed on by U.K. tax charges, FAS 91, and ongoing litigation costs. Reported GAAP EPS of $0.28 and estimated... More
