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Macy's To Report Q4 After Announcing Plans To Slash Costs
Monday, February 22, 2016 1:31 PM EDT
Macy's is scheduled to report fourth quarter earnings before the market open on Tuesday, February 23.
In this article: M Also: JWN, KSS, VFC
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Perrigo Downgraded To Sell From Neutral At Goldman
Monday, February 22, 2016 10:54 AM EDT
Goldman Sachs analyst Jami Rubin downgraded Perrigo to Sell saying the stock, despite the recent selloff, "continues to trade at a premium that it does not deserve."
In this article: PRGO Also: MYL, TEVA
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Stocks End Week Higher As Rhetoric Spurs Oil Rally
Sunday, February 21, 2016 1:07 PM EDT
Stocks ended the week higher after oil rallied as the ministers of several oil producing nations, particularly Saudi Arabia and Russia, made suggestions about potentially capping their production at recent levels.
In this article: CYH, DPS, KMI, WMT, AAPL, AMAT, FOSL, GRMN, PCLN, ANET
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Railcar Maker Trinity Plunges After Yearly Guidance, Peers Follow
Friday, February 19, 2016 4:56 PM EDT
Shares of railcar maker Trinity Industries are plunging after the company issued guidance for fiscal year 2016 that was well below analysts' expectations.
In this article: TRN Also: GBX, ARII
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Best Buy Gets Another Downgrade As Analysts Cautious On Consumer
Friday, February 19, 2016 3:06 PM EDT
Goldman Sachs downgraded Best Buy to Neutral from Buy and removed the stock from its Americas Buy List this morning.
In this article: BBY Also: BBBY
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DuPont And Dow Chemical Announce Site Structure Of Agriculture Company
Friday, February 19, 2016 11:21 AM EDT
DuPont and Dow Chemical announced the U.S. site structure for the companies intend to create following the planned separation of DowDuPont into three independent, publicly traded companies.
In this article: DD, DOW
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Applied Materials Shares Jump After CEO Says Chipmaking Industry Still Spending
Thursday, February 18, 2016 10:31 PM EDT
Shares of Applied Materials jumped after the maker of manufacturing equipment for semiconductors reported quarterly results and issued a positive outlook for its future financial results.
In this article: AMAT
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Jack In The Box Tanks As McDonald's All-Day Breakfast Crimps Sales
Thursday, February 18, 2016 3:49 PM EDT
After the close on Wednesday, the fast food restaurant chain reported first quarter earnings per share of 93c, missing analysts' expectations of $1.03. The company also reported quarterly revenue of $470.8M, below the $475.49M that was expected.
In this article: MCD, JACK Also: QSR
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Wells Fargo Warns Upstream MLPs May Soon Have 'Zero Equity Value,' Says Sell
Thursday, February 18, 2016 1:17 PM EDT
Wells Fargo cut its rating on all the upstream Master Limited Partnerships, it covers to underperform, the firm's equivalent to a "sell" rating, and also downgraded its rating on the sector to underweight.
In this article: LGCY, MCEP, BBEP, EVEP, MEMP, ARP, LNCO, WFC
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Piper Sees Pfizer Investor Sentiment Improving Meaningfully
Thursday, February 18, 2016 9:49 AM EDT
Piper Jaffray analyst Richard Purkiss points out that his 2019 revenue forecast for Pfizer continues to be $4B above the current consensus.
In this article: PFE Also: AGN
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Amazon.com Upgraded To Buy From Hold At Canaccord
Thursday, February 18, 2016 7:09 AM EDT
After "regrettably" missing last year's rally, Graham sees the 25% pullback in Amazon shares year-to-date as a buying opportunity.
In this article: AMZN
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Priceline Soars After Results Beat Estimates, Positive Analyst Commentary
Wednesday, February 17, 2016 4:17 PM EDT
Shares of Priceline, a provider of online travel, reservation and search services, are soaring after the company's fourth quarter results surpassed analysts' consensus estimates. Priceline also received positive commentary from several analysts.
In this article: PCLN Also: CTRP, EXPE, TRIP
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Earnings Watch: Wal-Mart Reports Q4 After Announcing Plans To Close 269 Stores
Wednesday, February 17, 2016 12:15 PM EDT
Wal-Mart Stores is scheduled to report fourth quarter earnings before the market open on Thursday, February 18.
In this article: WMT
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Bombardier Says To Cut 7,000 Positions Globally
Wednesday, February 17, 2016 8:55 AM EDT
Bombardier announced that it will take steps to optimize its workforce with a combination of a manpower reduction and strategic hiring throughout 2016 and 2017.
In this article: BDRBF
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Citi Suggests Radical Solution For AIG Woes: Sell Itself To Google
Tuesday, February 16, 2016 5:13 PM EDT
Insurance giant AIG, under pressure to break itself up from both activists and retail investors, could solve its profitability issues and shake up a stagnant industry by embracing modular insurance products.
In this article: AIG Also: AFG, CB, GOOG, GOOGL
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U.S. Bank Rally Continues After Bullish Takes From Analysts, Barron's
Tuesday, February 16, 2016 2:21 PM EDT
The shares of a number of large banks are extending their rally from Friday after analysts at JPMorgan and BMO Capital expressed optimism about the outlook of several names in the sector and Barron's reiterated its bullish view of the space.
In this article: GS, MS, BAC, C, COF, DB, MA, WFC, SYF, OMF
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