Nike's Parker hands over CEO role to former eBay chief

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ServiceNow (NOW) Tops Q3 EPS by 11c, Revenues Beat; Raises Q4 & FY19 Outlook

October 23, 2019 4:27 PM EDT

ServiceNow (NYSE: NOW) reported Q3 EPS of $0.99, $0.11 better than the analyst estimate of $0.88. Revenue for the quarter came in at $885.8 million versus the consensus estimate of $884.96 million.

Subscription revenues of $835 million in Q3 2019, representing 33% year-over-year growth, 35% adjusted for foreign currency exchange... More

Needham & Company Reiterates Buy Rating on Nike (NKE) Following CEO Succession Announcement

October 23, 2019 7:46 AM EDT

Needham & Company analyst Rick Patel reiterated a Buy rating and $98.00 price target on Nike (NYSE: NKE) following the company's announcement that John Donahoe will succeed Mark Parker, 64, as President & CEO, effective Jan. 13th, 2020. Mr. Donahoe has been on Nike's board since 2014, and is currently... More

SunTrust Reiterates Buy Rating on ServiceNow (NOW) Following Preliminary Results

October 23, 2019 7:29 AM EDT

SunTrust analyst Joel Fishbein Jr. reiterated a Buy rating and $321.00 price target on ServiceNow (NYSE: NOW) following the company's 3Q preliminary results. The company reported FQ3 subscription revenue of $835M, topping consensus of $834M. However, the company cut their full year 2019 revenue guidance from... More