Wall Street rally ends as financial shares slide
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- Wall Street ends lower as solid jobs data fuels hawkish Fed bets
- US nonfarm payrolls blow past expectations in August; unemployment rate steady at 4.1%
- BofA's Hartnett says stay long commodities and gold as 'policy panic' works
- Oil ends week higher on renewed US-Iran strikes, diesel hits record
- TikTok owner ByteDance said to secure $29.6bn loan for AI push
- After-Hours Movers: LULU, IOT, PATH, DOCU, ASAN, GWRE, ZS, PL, SWBI, OXM
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Raymond James Reiterates Outperform Rating on Lowe's (LOW)
August 22, 2019 8:15 AM EDTRaymond James analyst Budd Bugatch reiterated an Outperform rating and $115.00 price target on Lowe's (NYSE: LOW) following the company's 2Q earnings report. Lowes delivered an encouraging second quarter with positive comparable sales and sequentially improved profitability metrics.
On its call,... More
Medtronic, Inc. (MDT) PT Raised to $118 at BofA/Merrill Lynch
August 21, 2019 8:18 AM EDTBofA/Merrill Lynch analyst Bob Hopkins raised the price target on Medtronic, Inc. (NYSE: MDT) to $118.00 (from $108.00) while maintaining a Buy rating.
... MoreMedtronic, Inc. (MDT) PT Raised to $118 at Oppenheimer
August 21, 2019 7:36 AM EDTOppenheimer analyst Steven Lichtman raised the price target on Medtronic, Inc. (NYSE: MDT) to $118.00 (from $110.00) while maintaining a Outperform rating.
... MoreLowe's Cos. (LOW) Tops Q2 EPS by 15c, Revenues Beat, Comp. Sales Up 2.3%; Offers FY19 EPS Guidance
August 21, 2019 6:04 AM EDTLowe's Cos. (NYSE: LOW) reported Q2 EPS of $2.15, $0.15 better than the analyst estimate of $2.00. Revenue for the quarter came in at $20.99 billion versus the consensus estimate of $20.94 billion.
Excluding $14 million of pre-tax operating losses associated with the wind-down of the Company's Mexico retail operationsAdjusted diluted earnings per share1 increased 3.9 percent to $2.15 from adjusted diluted earnings per share1 of $2.07 in the second quarter of 2018.Sales for the second quarter increased 0.5 percent to $21.0 billion from $20.9 billion in the second quarter of... More