Energy, financial stocks give Wall St. modest lift
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Piper Jaffray Raises Price Target on Electronic Arts (EA) to $88 Following 1Q
August 3, 2016 8:09 AM EDTPiper Jaffray reiterated an Overweight rating on Electronic Arts (NASDAQ: EA), and raised the price target to $88.00 (from $87.00), following the company's 1Q earnings report. EPS was $0.07, ahead of the Street's estimate at -$0.02. However, Non-GAAP revenue of $682M missed the Street at $651M. EA maintained FY2017 guidance for rev of $4.9B... More
Time Warner's (TWX) Hulu Stake Said to Value Company at ~$5.83B
August 3, 2016 7:42 AM EDTTime Warner (NYSE: TWX) said to spend $583 million for 10 percent Hulu stake, according to Bloomberg headlines.
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