Wall Street rebounds, snaps five-day losing streak
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- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Needham Starts NeoVolta (NEOV) at Buy
- NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
UBS Raises price Target as Devon Energy (DVN) Announces Midland Sales
June 16, 2016 7:56 AM EDTUBS maintained a Sell rating on Devon Energy (NYSE: DVN), and raised the price target to $30.00 (from $29.00), after the company announced that it has agreed to sell its working interest in N. Midland Basin. The sale will go to PXD for $435MM, and is expected to close in... More
