Wall Street starts week upbeat, boosted by tech shares

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Amazon.com (AMZN) Reports Largest Shopping Day in Company History

July 12, 2017 9:32 AM EDT

On a day with incredible deals reserved exclusively for Amazon (NASDAQ: AMZN) Prime members, sales on July 11 surpassed Black Friday and Cyber Monday, making it the biggest day ever in Amazon history. With hundreds of thousands of deals, this years Prime Day was too big for 24 hours so Prime members had 30 hours to shop. The Prime Day 2017 event grew by more than 60 percent compared to the same 30 hours last year, and sales growth by small businesses and entrepreneurs was even higher. More new members joined Prime on July 11 than on any single day... More

Wells Fargo (WFC) Agrees to Divest Shareowner Services Business to Equiniti Group for $227M

July 12, 2017 5:40 AM EDT

Wells Fargo & Company (NYSE: WFC) announced today it has entered into an agreement to sell its Shareowner Services business to... More

Instinet Adjusts Estimates on American Banks

July 11, 2017 7:39 AM EDT

Instinet raised its price target on Comerica (NYSE: CMA) to $71.00 (from $68.00) while maintaining a Neutral rating. Analyst Bill Carcache raised FY17 EPS estimates from $4.29 to $4.49. FY18 EPS estimates were raised from $4.89 to $5.11.

Instinet lowered its price target on Capital One Financial (NYSE: COF) to $101.00 (from $96.00) while maintaining a Buy rating. Analyst Bill Carcache raised FY17 EPS estimates from $7.37 to $7.50. FY18 EPS estimates were raised from $8.40 to $8.54.

Discover Financial Services (NYSE: DFS) price target was lowered to $86 (From $81) while... More