S&P, Dow stay on record-setting run; dollar firm

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UBS Raises Price Target on Morgan Stanley (MS) Following 2Q

July 21, 2016 9:28 AM EDT

UBS reiterated a Buy rating on Morgan Stanley (NYSE: MS), and raised the price target to $34.00 (from $32.00), following the company's 2Q earnings report.

Analyst Brennan Hawken commented, "MS's FICC results certainly were a positive surprise but given the ongoing restructuring we caution against annualizing... More

ASML Holdings (ASML) Misses Q2 EPS by 4c

July 20, 2016 8:24 AM EDT

ASML Holdings (NASDAQ: ASML) reported Q2 EPS of EUR0.83, EUR0.04 worse than the analyst estimate of EUR0.87. Revenue for the quarter came in at EUR1.74 billion versus the consensus estimate of EUR1.89 billion.

CEO Statement

"Our business continues to perform well. We recorded second-quarter orders of EUR 1.6 billion and posted net sales of over EUR 1.7 billion. System sales were weighted... More