Pre-Open Stock Movers 01/29: (LEE) (LB) (GE) Higher (BHVN) (EXTR) (XLNX) Lower (more...)
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- S&P 500, Nasdaq close lower, dragged by Alphabet and megacap tech; focus on Iran
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Establishment Labs Holdings (ESTA) Prices 2.286M Share Common Offering at $26.25/Sh
January 30, 2020 5:57 AM ESTEstablishment Labs Holdings Inc. (NASDAQ: ESTA) today announced the pricing of its public offering of 2,285,714 common shares at $26.25 per share. The gross proceeds to Establishment Labs, before deducting the underwriting discounts and commissions and estimated offering expenses, are expected to be approximately $60.0 million. The offering is scheduled to... More
Cirrus Logic, Inc. (CRUS) Tops Q3 EPS by 28c, Revenues Beat; Offers Q4 Revenue Guidance Above Consensus
January 29, 2020 4:01 PM ESTCirrus Logic, Inc. (NASDAQ: CRUS) reported Q3 EPS of $1.41, $0.28 better than the analyst estimate of $1.13. Revenue for the quarter came in at $374.7 million versus the consensus estimate of $346.49 million.
Cirrus Logics revenue for the December quarter exceeded guidance as we experienced higher-than-anticipated volumes for certain components shipping into smartphones, said Jason Rhode,... More
L Brands (LB) Worth $33-$35/Share if it Sells VS as Modest Multiple - Wells Fargo
January 29, 2020 10:12 AM ESTWells Fargo analyst Ike Boruchow weighed in on L Brands (NYSE: LB) amid reports the company is exploring a potential sale of the VS brand, and CEO Les Wexner is considering stepping aside as CEO.
Boruchow continues to... More
Bernstein Reiterates Market Perform Rating on L Brands (LB)
January 29, 2020 9:32 AM ESTBernstein analyst Jamie Merriman reiterated a Market Perform rating and $19.00 price target on L Brands (NYSE: LB)
Believes management is looking to finally monetize Victoria's Secret.The analyst comments "While a $0 price for Victoria's Secret is likely too... More
