Needham & Company Raises Price Target on St. Jude Medical (STJ) Following Strong 1Q Results
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Wall Street flirts with record high levels as companies report
April 20, 2016 9:01 AM EDTBy Noel Randewich
(Reuters) - Wall Street ended less than 2 percent short of a record-high close on Wednesday as a rebound in oil prices added to optimism sparked by a raft of earnings reports.
Driven 15 percent higher since mid-February by a recovery in weak oil prices and helped by a softer dollar, the S&P 500 stood less than 30 points below last May's all-time peak.
Investors fixated on a parade of first-quarter results, including an upbeat report from VMWare and a disappointing scorecard from Coca-Cola.
Weighed down by the energy sector, first-quarter earnings at S&P 500... More
St. Jude Medical (STJ) Tops Q1 EPS by 2c
April 20, 2016 7:16 AM EDTSt. Jude Medical (NYSE: STJ) reported Q1 EPS of $0.90, $0.02 better than the analyst estimate of $0.88. Revenue for the quarter came in at $1.45 billion versus the consensus estimate of $1.43 billion.
GUIDANCE:
St. Jude Medical sees Q2 2016 EPS of $1.05-$1.07, versus the... More
Trading Radar for 4/20: Coca Cola (KO), TE Connectivity (TEL), Las Vegas Sands (LVS), United Airlines (UAL) Report
April 19, 2016 2:24 PM EDTThe Trading Radar highlights key earnings and economic announcements for the next trading session:
Before Markets Open:
Economics:
7:00am EDT
Earnings:
ABB Ltd. (NYSE: ABB) - consensus EPS $0.22
ARM Holdings plc (Nasdaq: ARMH) - consensus EPS $0.35
ASML Holdings (Nasdaq: ASML) - consensus EPS $0.46
Abbott (NYSE: ABT) - consensus EPS $0.39
Adeptus Health (Nasdaq: ADPT) -... More
BTIG Downgrades St. Jude Medical (STJ) to Neutral
April 18, 2016 7:16 AM EDTBTIG downgraded St. Jude Medical (NYSE: STJ) from Buy to Neutral. Analysts see shares as fairly valued.
For an analyst ratings summary and ratings history on St. Jude Medical click here. For more ratings news on St. Jude Medical click here.
Shares of St. Jude Medical closed at $58.68 yesterday.
... More