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Stocks Sink; Margin Fears Take Center Stage
April 10, 2014 1:57 PM EDTAfter stabilizing over the past few sessions, stocks are weaker across the board Thursday with selling accelerating in afternoon trade. Again, the sell-off is hitting high-flying biotech, Internet, and software names the hardest.
Heading into the 2 o'clock hour, the Dow is down 178 points, the S&P 500 is down 27 points and the Nasdaq is down 116. The S&P 500 is now down nearly 3% from its high. The NASDAQ is down... More
Facebook (FB) at the Top Deutsche Bank's 'Must-Own' List
April 10, 2014 8:20 AM EDTDeutsche Bank reiterated a Buy rating on Facebook (NASDAQ: FB) with a modified price target of $76.00 (from $75.00). Analyst Ross Sandler said the stock remains a "must-own."
"FB remains at the top of our must-own coverage list, but unlike last quarter, we think 1Q consensus estimates are getting closer to our optimistic view. FB has exceeded consensus ad revenue... More
