Needham & Company Raises Price Target on Applied Materials (AMAT) Following Mixed 3Q
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Credit Suisse Raises Price Target on Applied Materials (AMAT) Following 3Q Report
August 19, 2016 11:39 AM EDTCredit Suisse reiterated an Outperform rating on Applied Materials (NASDAQ: AMAT), and raised the price target to $34.00 (from $29.00), following the company's 3Q earnings report. EPS beat of $0.02 over the Street was primarily driven by lower taxes. Revenues were reported at $2.82bn missed the Street's $2.87bn... More
After-Hours Stock Movers 8/18: (NWY) (SHLM) (CXW) (RH) (CXW) (AMAT) (GEO) (MENT) (ROST) (SQ) (TRN) (PNR) Higher; (FXCM) Lower
August 18, 2016 5:44 PM EDTNew York & Co. (NYSE: NWY) +27%; reported Q2 EPS of $0.01, $0.01 better than the analyst estimate of $0.00. Revenue for the quarter came in at $232.8 million versus the consensus estimate of $226.92 million.
The Board of Directors of A. Schulman, Inc. (Nasdaq: SHLM) +13%; announced that Chairman Joseph M. Gingo has been named chief executive officer and president, effective immediately. Gingo (71) had previously served in this capacity from 2008 through 2014. The Board and Bernard Rzepka (56), president and chief executive officer, have mutually agreed that he will relinquish his officer role and his directorship... More
Applied Materials (AMAT) Tops Q3 EPS by 2c
August 18, 2016 4:01 PM EDTApplied Materials (NASDAQ: AMAT) reported Q3 EPS of $0.50, $0.02 better than the analyst estimate of $0.48. Revenue for the quarter came in at $2.82 billion versus the consensus estimate of $2.84 billion.
GUIDANCE:
Applied Materials sees Q4 2016 EPS of $0.61-$0.69, versus the consensus of... More
Applied Materials (AMAT) August 27.50 straddle priced for 5.7% movement into Q3
August 18, 2016 3:33 PM EDTApplied Materials (NASDAQ: AMAT) August 27.50 straddle priced for 5.7% movement into Q3
... MoreTrading Radar for 8/18: Wal-mart (WMT), Applied Materials (AMAT), MSG Networks (MSGN), Canadian Solar (CSIQ) Report
August 17, 2016 2:36 PM EDTThe Trading Radar highlights key earnings and economic announcements for the next trading session:
Before Markets Open:
Economics:
8:30am EDT
Earnings:
Streetinsider.com's Hot Lunchtime Reads 8/17: (CXO) (CTAS) (HTBX) (MON)
August 17, 2016 12:15 PM EDTThe following is a list of notable articles to help get you through the lunch hour:Monsanto (MON) Updates on Core Pipeline, Innovation; Affirms FY16 EPS Guidance at Low-End of Outlook ->... More
Applied Materials (AMAT) call volume and volatility elevated into Q3 and outlook
August 17, 2016 12:06 PM EDTApplied Materials (NASDAQ: AMAT) August call option implied volatility is at 78, September is at 31; compared to its 52-week range of 22 to 46 into the expected release of Q3 results on August 18. August 27.5 and 28 calls are active on total call volume of 5K contracts (1K puts).
... More
