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- S&P, Nasdaq drop on tech selloff as concerns about hawkish Fed, AI spending mount
- Chip stocks plunge, but bargain-hunters stem losses in other tech names
- Oil prices 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
RBC Capital Reiterates Outperform as Kraft Heinz (KHC) Makes Plans for 'Big Bets' This Year
February 26, 2016 7:36 AM ESTRBC Capital reiterated an Outperform rating and $88.00 price target on Kraft Heinz Company (NASDAQ: KHC) following the company's 4Q earnings report.: KHC reported 4Q15 adjusted EPS of $0.62, ahead of the consensus estimate of $0.58. Kraft Heinz plans to spend more on innovation and... More
UBS Reiterates Buy Following a Strong 4Q by salesforce.com (CRM) - PT to $92
February 25, 2016 8:33 AM ESTUBS maintained a Buy rating on salesforce.com (NYSE: CRM), and cut the price target to $92.00 (from $96.00), following the company's 4Q results and guidance. CRM reported revenues of $1,809M, beating the Street's $1,791M estimate. EPS was reported in-line at $0.19, but at the high end of... More
salesforce.com (CRM): Sees No Signs of Slowdown - Piper Jaffray
February 25, 2016 7:56 AM ESTPiper Jaffray analyst, Katherine Egbert, thinks that Salesforce.com (NYSE: CRM) has become the app vendor of choice because of its ability to extend its platform to mobile devices. It has essentially become the go to vendor for cloud services. The PT increases to $77 from $72 as estimates increase and there is no change to the Overweight... More
Relatively In-Line Results Have Jefferies Sidelined on salesforce.com (CRM) - PT Raised to $60
February 25, 2016 7:53 AM ESTJefferies reiterated a Hold rating on salesforce.com (NYSE: CRM), and raised the price target to $60.00 (from $54.00), following the company's 4Q earnings report. Non-GAAP EPS of $0.19 was in-line with the Street's estimate. CRM's total revenue of $1.809B and subscription of $1.683B compared to Street's... More
