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- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- 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
Jefferies Reiterates Hold on Yum! Brands (YUM) Following 3Q Report
October 7, 2016 8:06 AM EDTJefferies reiterated a Hold rating and $85.00 price target on Yum! Brands (NYSE: YUM) following the company's 3Q earnings report. YUM reported EPS of $1.09, slightly below the $1.10 consensus estimate. TB and KFC put up good results with 3% sss/9% oper profit growth and +4% sss and 11% oper profit... More
Oppenheimer Reiterates Outperform on Yum! Brands (YUM) Following 3Q Report
October 6, 2016 10:13 AM EDTOppenheimer reiterated an Outperform rating and $97.00 price target on Yum! Brands (NYSE: YUM) following the company's 3Q earnings report. Adjusted EPS was $1.09, compared to the Street's $1.10 estimate, as operating profits grew 11% globally. Comps at KFC (+4%) and TB (+3%) displayed a surprising beat and are outperforming... More
