Tech lifts Nasdaq; energy curbs Dow, S&P gains
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- Nasdaq notches record high close as investors focus on earnings
- Oil slips on rising Mideast crude exports, G7 stocks release
- Intel stock slides as TSMC explores Terafab tie-up, analyst flags share losses
- Schneider Electric to acquire PTC for $22.6 billion in all-cash deal
- Five things to watch in markets in the week ahead
- Citi cuts investment banking analyst program to two years - Bloomberg
- Alaska LNG shipping savings justifies billions in investment, developer says
- Paramount Skydance to close WBD deal, change ticker to SKYD
- Nasdaq notches record high close as investors focus on earnings
- This multi-trillion stock is "cheap and getting cheaper": Morgan Stanley
Active Call Buying in Semiconductor Names, Advanced Micro Devices (AMD) & Micron Technology (MU) -Susquehanna
July 6, 2017 2:30 PM EDTSusquehanna options strategist Alison Edwards notes active call buying activity in semi names, Advanced Micro Devices (NASDAQ: AMD), as an investors bought 20,000 Aug 17 Calls which creates ~450k shares to buy , while opening investors in Micron Technology (NASDAQ: MU) bought 20,000 Oct 35 Calls for $1.33.
... MoreO'Reilly Automotive (ORLY) PT Lowered to $255 at UBS Following Pre-Announcement
July 6, 2017 9:09 AM EDTUBS lowered its price target on O'Reilly Automotive (NASDAQ: ORLY) to $255.00 (from $320.00) while maintaining a Buy rating. ORLY pre-announced 1.7% SSS growth that analyst Michael Lasser sees as 150 to 200 bps below what the market was anticipating for 2Q. The company attributed the soft result to... More
O'Reilly Automotive (ORLY) PT Lowered to $195 at Wedbush Following 2Q Preannouncement
July 6, 2017 8:17 AM EDTWedbush lowered its price target on O'Reilly Automotive (NASDAQ: ORLY) to $195.00 (from $260.00) while maintaining a Neutral rating following the company's 2Q preannouncement. ORLY's 2Q17 preannouncement highlights that more than weather is pressuring industry sales trends.
ORLY reported comps of 1.7% (vs. consensus 3.9% and guidance of 3-5%),... More
Advance Auto Parts (AAP) PT Lowered to $125 at RBC Capital Following O’Reilly's Pre-announcement
July 6, 2017 7:31 AM EDTRBC Capital lowered its price target on Advance Auto Parts (NYSE: AAP) to $125.00 (from $153.00) while maintaining a Outperform rating following OReilly's pre-announcement. OReilly pre-announced 2Q17 results, stating that comps were 1.7% vs. prior guidance of 3%-5% and previous estimates of ~4%.
Analyst Scot... More
Chevron (CVX) PT Lowered to $100 at Wells Fargo; 'Lower Estimates to Reflect Revised Commodity Price Decks'
July 6, 2017 7:29 AM EDTWells Fargo lowered its price target on Chevron (NYSE: CVX) to $100.00 (from $107.00) while maintaining a Market Perform rating, following a review commodity prices, business outlook and estimates.
Analyst Roger D. Read notes a lowering of estimates to reflect revised commodity price decks,... More
ExxonMobil (XOM) PT Lowered to $82 at Wells Fargo; 'Lower Estimates to Reflect Revised Commodity Price Decks'
July 6, 2017 7:27 AM EDTWells Fargo lowered its price target on ExxonMobil (NYSE: XOM) to $82.00 (from $90.50) while maintaining a Market Perform rating, following a review commodity prices, business outlook and estimates.
Analyst Roger D. Read notes a lowering of estimates to reflect revised commodity price decks,... More



