Dow, S&P snap winning streak as Walmart weighs

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Qualcomm (QCOM) and Samsung Electronics Announce Expansion of Foundry Cooperation on EUV Process Technology

February 22, 2018 5:52 AM EST

Samsung Electronics Co., Ltd., a world leader in advanced semiconductor technology, and Qualcomm Technologies, Inc., a subsidiary of Qualcomm Incorporated (NASDAQ: QCOM), today announced their intention to expand their decade-long foundry relationship into EUV (extreme ultra violet) lithography process technology, including the manufacture of future Qualcomm® Snapdragon 5G mobile chipsets using Samsung's 7-nanometer (nm) LPP (Low Power Plus) EUV process technology.

Using 7LPP EUV process technology, Snapdragon 5G mobile... More

Wal-Mart (WMT) PT Lowered to $107 at Goldman Sachs; Reiterates Buy

February 21, 2018 8:12 AM EST

Goldman Sachs lowered its price target on Wal-Mart (NYSE: WMT) to $107.00 (from $113.00) while maintaining a Buy rating following the company's 4Q. Domestic sales momentum came at a cost, as US gross margin declined more than modeled. US ecommerce sales growth slowed to... More

Bernstein Reiterates Market Perform on Walmart (WMT) Following 4Q

February 21, 2018 7:15 AM EST

Bernstein reiterated a Market Perform rating and $104.00 price target on Wal-Mart (NYSE: WMT) following the company's 4Q earnings report. US Q4 comps grew 2.6%, and Walmart's two-year stack performance was the best in eight years. Comps were driven by traffic growth of 1.6% and ticket... More

Home Depot (HD) PT Lowered to $225 at Stifel

February 21, 2018 7:09 AM EST

Stifel lowered its price target on Home Depot (NYSE: HD) to $225.00 (from $230.00) while maintaining a Buy rating.

Analyst John Baugh noted hurricane demand was somewhat higher than we had expected and will continue to aid sales growth in the first... More