Wall St. ekes out gains as trade optimism pressured by defensive stocks

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Northrop Grumman (NOC) Raises Quarterly Dividend 9.1% to $1.20; 1.5% Yield

May 16, 2018 5:58 AM EDT

Northrop Grumman (NYSE: NOC) declared a quarterly dividend of $1.20 per share, or $4.8 annualized. This is a 9.1% increase from the prior dividend of $1.10.

The dividend will be payable on June 20, 2018, to stockholders of record on June 4, 2018, with an ex-dividend date of June 1,... More

Acacia Communications (ACIA) PT Lowered to $27 at Goldman Sachs; 'Most Impacted by Potential Resolution Given 30% ZTE Sales Exposure'

May 15, 2018 7:23 AM EDT

Goldman Sachs lowered its price target on Acacia Communications (NASDAQ: ACIA) to $27.00 (from $34.00) while maintaining a Neutral rating, following reports of progress towards ending the ban on ZTE sales.

On May 13, President Trump tweeted, President Xi of China, and I, are working... More

Lumentum (LITE) PT Raised to $72 at Goldman Sachs; 'Exposure to ZTE is Limited'

May 15, 2018 7:15 AM EDT

Goldman Sachs raised its price target on Lumentum (NASDAQ: LITE) to $72.00 (from $70.00) while maintaining a Neutral rating, following reports of progress towards ending the ban on ZTE sales.

On May 13, President Trump tweeted, President Xi of China, and I, are working together... More

Rosenblatt Said Buy ACIA, NPTN, OCLR and LITE as ZTE Future Looks Better

May 14, 2018 8:04 AM EDT

Rosenblatt analyst Jun Zhang said they are buyers of Acacia Communications (NASDAQ: ACIA), NeoPhotonics (NYSE: NPTN), Oclaro (NASDAQ: OCLR) and Lumentum Holdings (NASDAQ:... More