S&P falls 1.4 percent in safety flight on North Korea tensions
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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
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- Needham Starts NeoVolta (NEOV) at Buy
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
Macy's (M) PT Lowered to $21 at UBS Following 2Q
August 11, 2017 9:26 AM EDTUBS lowered its price target on Macy's (NYSE: M) to $21.00 (from $23.00) while maintaining a Neutral rating following the company's 2Q. The company reported $0.39 excluding real estate sales compared to $0.38 estimates. Importantly, it was the first time in several quarters when... More
Macy's (M) PT Lowered to $21 at Jefferies Following 2Q
August 11, 2017 7:58 AM EDTJefferies lowered its price target on Macy's (NYSE: M) to $21.00 (from $24.00) while maintaining a Hold rating following the company's 2Q. Analyst Randal Konik walked away from the quarter with greater concern given comp deterioration and gross margin compression.
Comps came in slightly ahead of... More
Kohl's (KSS) PT Lowered to $42 at Cowen on 2Q Report; 'Despite Traffic Improvement... We Remain on Sidelines'
August 10, 2017 3:56 PM EDTCowen lowered its price target on Kohl's (NYSE: KSS) to $42.00 (from $43.00) while maintaining a Market Perform rating, following the company's second quarter earnings report.
Analyst Oliver Chen notes the company delivered second quarter earnings per share above consensus expectations fueled by sales that showed... More
Blue Apron (APRN) PT Lowered to $8 at Stifel Following 2Q
August 10, 2017 2:23 PM EDTStifel lowered its price target on Blue Apron (NYSE: APRN) to $8.00 (from $10.00) while maintaining a Buy rating following the company's 2Q release. APRN reported revenue of $238mm, ~1% above consensus estimates. Adjusted EBITDA loss of -$23.9mm was ~2% ahead of consensus estimates.... More
