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- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Chip stocks plunge, but bargain-hunters stem losses in other tech names
- FedEx falls 4% as FY2027 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- South Korea leveraged ETF crisis sparks global chip selloff
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Needham Starts NeoVolta (NEOV) at Buy
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
Bed Bath & Beyond (BBBY) PT Lowered to $25 at Jefferies Following 2Q Report
September 21, 2017 7:11 AM EDTJefferies lowered its price target on Bed Bath & Beyond (NASDAQ: BBBY) to $25.00 (from $34.00) while maintaining a Hold rating following the company's 2Q earnings report. Adjusting for restructuring charges, BBBY reported EPS of $0.75 missing the Street's expectations of $0.95.
Management is taking actions to improve... More
Bed Bath & Beyond (BBBY) PT Lowered to $22 at BofA/Merrill Lynch Following 2Q
September 20, 2017 9:26 AM EDTBofA/Merrill Lynch lowered its price target on Bed Bath & Beyond (NASDAQ: BBBY) to $22.00 (from $27.00) while maintaining a Underperform rating following the company's 2Q earnings release. BBBY reported 2Q EPS of $0.67 vs. $1.11 LY and below $0.94 estimates. GM decreased 99bp, and SG&A deleveraged... More
Bed Bath & Beyond (BBBY) PT Lowered to $30 at Barclays Following 2Q
September 20, 2017 8:47 AM EDTBarclays lowered its price target on Bed Bath & Beyond (NASDAQ: BBBY) to $30.00 (from $40.00) while maintaining a Equalweight rating as the company begins transformational initiatives outlined on the 2Q17 earnings call.
BBBY reported 2Q17 EPS of $0.67. Barclays lowered FY17E and FY18E EPS to $3.00 and $3.00, from $4.00 and $4.10, respectively.
... More