RBC Capital Reiterates Sector Perform on Sanmina (SANM) Following In-Line 3Q

Needham & Company Reiterates Buy as Sanmina (SANM) Shares Sell Off; Sees Weakness as Buying Opportunity

July 27, 2016 3:37 PM EDT

Needham & Company reiterated a Buy rating and $32.00 price target on Sanmina-SCI Corp. (NASDAQ: SANM) as shares sell off following 3Q results. SANM remains a top picks in Needham's tech coverage, and analysts see the current weakness as a buying opportunity.

Analyst Sean... More

After-Hours Movers 7/25: (CLGX) (TXN) (SGY) Higher; (MSTX) (CRME) (SANM) Lower

July 25, 2016 7:17 PM EDT

Mast Therapeutics (NYSE: MSTX) 22.6% LOWER; On July 25, 2016, Mast Therapeutics provided guidance on the anticipated timing for announcement of top-line data from the EPIC study. The Company expects to report top-line data in September 2016. The Company believes that the additional time needed to lock the study database does not reflect on the quality or integrity of the results or conduct of the study. Rather, validation of the multitude of data points and quality assurance/quality control procedures have taken longer than the Company previously anticipated. Allocation of key resources to the... More

Sanmina (SANM) Reports In-Line Q3 EPS

July 25, 2016 4:07 PM EDT

Sanmina (NASDAQ: SANM) reported Q3 EPS of $0.63, in-line with the analyst estimate of $0.63. Revenue for the quarter came in at $1.67 billion versus the consensus estimate of $1.66 billion.

"Results for the quarter were in line with our outlook. Revenue was up 3.6 percent... More

Wall St. declines as earnings take center stage

July 25, 2016 7:20 AM EDT

By Noel Randewich

(Reuters) - U.S. stocks receded from record highs on Monday as oil weighed on energy shares and investors awaited an avalanche of quarterly reports.

Shares fell almost across the board, with energy stocks leading declines across 10 S&P 500 sectors and the consumer discretionary sector the lone gainer, helped by a 1.84-percent gain in Target (NYSE: TGT).

The negative start to the week, which includes earnings from 190 S&P 500 companies as well as a Federal Reserve policy meeting, put the brakes on a 9-percent rally that started on June 27.... More

Trading Radar for 7/25: Sprint (S), Danaher (DHR), Texas Instruments (TXN), Las Vegas Sands (LVS), Kimberly-Clark (KMB) Report

July 22, 2016 2:35 PM EDT

The Trading Radar highlights key earnings and economic announcements for the next trading session:

Before Markets Open:
Earnings:

Bank Of Hawaii Corp. (NYSE: BOH) - consensus EPS $0.93
Bank Of Marin Bancorp (Nasdaq: BMRC) - no Street consensus
Danaher (NYSE: DHR) - consensus EPS $1.22
Eagle Materials (NYSE: EXP) - consensus EPS $0.86
Euronet Worldwide (Nasdaq: EEFT) - no Street... More