Walmart, Target, Best Buy take steps to curb gift card fraud
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- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
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- Chip stocks plunge, but bargain-hunters limit scale of tech rout
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- 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
- 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
Target (TGT) PT Lowered to $80 at Stifel Following 3Q
November 21, 2018 8:33 AM ESTStifel analyst Mark Astrachan lowered the price target on Target (NYSE: TGT) to $80.00 (from $93.00) while maintaining a Hold rating following the company's 3Q earnings report. 3Q results operating profit was 6% below consensus driven by comp growth 40bps below consensus and worse-than-anticipated gross... More
Best Buy (BBY) Declares $0.45 Quarterly Dividend; 2.8% Yield
November 21, 2018 8:00 AM ESTBest Buy (NYSE: BBY) declared a quarterly dividend of $0.45 per share, or $1.8 annualized.
The dividend will be payable on December 31, 2018, to stockholders of record on December 11, 2018, with an ex-dividend date of December 10, 2018.
The annual yield on the dividend is 2.8... More
Best Buy (BBY) PT Lowered to $69 at RBC Capital
November 21, 2018 7:07 AM ESTRBC Capital analyst Scot Ciccarelli lowered the price target on Best Buy (NYSE: BBY) to $69.00 (from $72.00) while maintaining a Sector Perform rating.
Despite solid results, comps trends seem poised to slow and when coupled with recent competitive announcements (AMZN/AAPL relationship) and... More
