Wall St. ends week on down note as Apple weighs
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- S&P 500, Nasdaq futures tick up as tech steadies, Micron earnings eyed
- Brent extends losses on expectations of smoother crude flows via Hormuz
- All eyes on Micron earnings tonight as sell-off raises stakes for AI memory trade
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Oil market losses easing as nearly 80% of disrupted supply returns, UBS says
- Needham Starts NeoVolta (NEOV) at Buy
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
- KKR launches Helix with over $10 billion to build AI infrastructure
Drexel Hamilton Reiterates Buy on Oracle (ORCL) Following 4Q Beat
June 17, 2016 9:32 AM EDTDrexel Hamilton reiterated a Buy rating and $51.00 price target on Oracle (NYSE: ORCL) following the company's 4Q earnings report. ORCL reported non-GAAP sales of $10.6 billion, which beat the Street's estimate of $10.46 billion. Pro forma EPS of $0.81 slightly missed the consensus EPS projection of $0.82.... More
Wedbush Remains sidelined on Smith & Wesson (SWHC) Following Solid 4Q Earnings Report
June 17, 2016 8:43 AM EDTWedbush maintained a Neutral rating and $23.00 price target on Smith & Wesson Holding (NASDAQ: SWHC) following the company's 4Q earnings report. SWHC reported non-GAAP EPS of $0.66, compared to the Streets estimate of $0.54 and $0.51-$0.53 guidance. Revenue came in at $211M, marginally better than the Streets... More
UBS Reiterates Buy on Oracle (ORCL) Following 4Q Earnings Report
June 17, 2016 8:32 AM EDTUBS reiterated a Buy rating and $44.00 price target on Oracle (NYSE: ORCL) following the company's 4Q earnings report. ORCL reported revenues of $10.596B, coming in ahead of the Street's $10.46B estimate. EPS missed estimates of $0.82 by 1c.
Analyst Brent Thill commented, "Headline revs $10.596B beat St's... More
Wedbush Raises price Target on Oracle (ORCL) Following 4Q Report
June 17, 2016 8:25 AM EDTWedbush reiterated a Neutral rating on Oracle (NYSE: ORCL), and raised the price target to $41.00 (from $40.00), following the company's 4Q earnings report. ORCL reported revenue at $10.60B, which was about $130M above consensus estimates. EPS of $0.81 was just in line with consensus due to... More
