Oil drop, China data drag Wall Street lower
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- S&P 500 ends higher as investors await tech earnings
- NVIDIA’s rising CDS the talk of Wall Street amid circular financing fears
- Market watchers weigh chances of a surprise Fed rate hike tomorrow
- U.S. chip stocks extend losses on AI financing, China competition fears
- Tesla to buy power from Arizona solar project
- Visa (V) To Cut 7% Of Its Workforce, Totaling About 2,600 Jobs - Bloomberg
- HF Sinclair plans to spin off lubricants unit, close Canadian refinery
- S&P 500 ends higher as investors await tech earnings
- NVIDIA’s rising CDS the talk of Wall Street amid circular financing fears
- SK Hynix's record profit misses forecasts, shares slump 13% despite robust AI chip demand
- After-Hours Stock Movers: F, BE, STX, WDC, KLAC, SWKS, NXPI, CSGP, ENPH
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Stifel Remains Sidelined on Shake Shack (SHAK) Following a 4Q EPS Beat
March 8, 2016 8:53 AM ESTStifel reiterated a Hold rating on Shake Shack (NYSE: SHAK) following the company's 4Q earnings report. SHAK reported 4Q EPS of $0.08, beating consensus' $0.07 estimate. SHAKs +$0.01 beat was driven by better store-level profits of $13.9mm vs. consensus $12.7mm.
Analyst Paul Westra commented,... More
Wedbush Remains Sidelined on Urban Outfitters (URBN) as Margins Drive 4Q Upside
March 8, 2016 8:01 AM ESTWedbush reiterated a Neutral rating on Urban Outfitters, Inc. (NASDAQ: URBN), and raised the price target to $32.00 (from $23.00), following the company's 4Q earnings report. URBN reported 4Q upside on better than expected merchandise margins from the Urban division. CEO Hayne discussed the... More
UPDATE: Stifel Boosts PT on Urban Outfitters (URBN) to $34 Following Q4 Results; Sees Strong Start to Q1
March 8, 2016 8:00 AM EST(Updated - March 8, 2016 9:19 AM EST)
Stifel reaffirms Urban Outfitters (Nasdaq: URBN) at Buy. but lifts its price target from $30 to $34 following strong Q4 earnings results issued Monday night.
Analyst Richard Jaffe noted weakness in apparel sales for the quarter driven by a lack of consumer... More
